Memphis, TN Homes for Sale under $200,000

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  $185,000

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  853 Hanley St, Memphis, TN 38114

  Beautiful property in a great location! RENTED MHA $1849.00 per month- New home built in 2024 in growing market near university of Memphis- 4 Bed, 2 Bath home features polished concrete floors- 5 panel doors- modern lighting, bath rooms and interior finishes. DO NOT DISTURB TENANT

  Brett Bernard The Stamps Real Estate Company

  853 Hanley St, Memphis, TN 38114
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  /7

  $38,900

  $16K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft

  2161 Howell Ave, Memphis, TN 38108

  Nice, brick building with 2 x 1/1 units with off-street parking all makes for a great combo to win long-term with this duplex! Both sides are fixed up and rent-ready with one side having new LVP flooring. Once they're occupied, it should be making a combined $1000/month - returns you don't see very often anymore! With $499/month income right now, this one should be profitable from day 1 for you!

  Randall Weatherall Memphis Metro Realty

  2161 Howell Ave, Memphis, TN 38108
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  /2

  $40,000

  • Land
  • 4,791 Sq Ft
  • $363,636 per Acre

  52 Angelus St, Memphis, TN 38104

  Incredible opportunity to own two adjoining lots in the heart of Midtown — 46 and 52 Angelus St. These properties are surrounded by new construction and located next door to a stunning modern condo building. The area continues to grow rapidly, making this a perfect location for your next development project or investment. Centrally located and just minutes from dining, shopping, and entertainment

  Crystal Mitchell Renshaw Company, REALTORS

  52 Angelus St, Memphis, TN 38104
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  /2

  $119,500

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,168 Sq Ft

  4797 Northfield Cir, Memphis, TN 38128

  Terrific investment opportunity! Tenant occupied, currently rented for $1295/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Three bedroom, two bathroom with central heat and air and low maintenance vinyl siding. Conveniently located near schools, shopping and John F. Kennedy Park. Multiple properties for sale, can be bought in bulk or

  William Haynes Crye-Leike, Inc., REALTORS

  4797 Northfield Cir, Memphis, TN 38128
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  /2

  $29,000

  • 4 Beds
  • 1 Bath
  • 1,401 Sq Ft

  2396 Hubbard Ave, Memphis, TN 38108

  Property selling as is ~ Needs a lot of repairs ~ As is offers only ~ No wholesale offer

  Itzel Sanchez Bustamante Keller Williams

  2396 Hubbard Ave, Memphis, TN 38108
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  /2

  $10,000

  • Land
  • 4,791 Sq Ft
  • $90,909 per Acre

  1331 Springdale St, Memphis, TN 38108

  Vacant lot with previous history of residence

  Corey Seymore Crye-Leike, Inc., REALTORS

  1331 Springdale St, Memphis, TN 38108
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  /13

  $168,000

  $20K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 878 Sq Ft

  66 Monroe Ave Unit 1008, Memphis, TN 38103

  Do you remember that famous song by Marc Cohn...."Walking in Memphis"? How about Memphis, Tennessee by Johnny Rivers? These catchy tunes barely scratch the surface as to how much fun you would have if you lived in this awesome condo in the heart of Memphis, Tennessee. Walk to fabulous restaurants, Memphis Redbirds baseball, Tom Lee Park, Beale Street Entertainment district and in the very near

  Cathleen Black Marx-Bensdorf, REALTORS

  66 Monroe Ave Unit 1008, Memphis, TN 38103
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  $95,000

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,722 Sq Ft

  4014 Graham Oaks Ct Unit 9, Memphis, TN 38122

  BACK ON MARKET. Buyer could not obtain financing. Spacious 3 bedroom, 2.5 bath condo in NE Memphis just blocks from schools. Easy access to Sam Cooper Blvd. Needs updates but it's a lot of condo for budget-minded buyers. Pool, 2 assigned parking spaces, decorative fireplace. Nice closet space plus exterior storage room, patio and porch. All three bedrooms and washer/dryer closet are upstairs.

  Mike Ward Crye-Leike, Inc., REALTORS

  4014 Graham Oaks Ct Unit 9, Memphis, TN 38122
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  /2

  $100,000

  • Land
  • 8,276 Sq Ft
  • $526,316 per Acre

  2811 Frayser Blvd, Memphis, TN 38127

  Location Location Location! Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** Other available lots 2777 Frayser Blvd. Parcel: 072107-00068 and 2793 Frayser Blvd. Parcel: 072107-00066

  Timika Montes de Oca Adaro Realty, Inc.

  2811 Frayser Blvd, Memphis, TN 38127
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  /2

  $158,900

  • 2 Beds
  • 2 Baths
  • 1,355 Sq Ft

  930 East Dr, Memphis, TN 38108

  Charming 1940 bungalow featuring 2 bedrooms and 2 baths in a convenient Memphis location. Situated near Jackson Avenue and East Parkway, this home offers easy access to Midtown, North Memphis, Overton Park, Sam Cooper Boulevard, downtown, with lots of shopping, dining and entertainment options. Whether you're looking to expand your investment portfolio or create a place to call home, this

  Dawn Kinard Welch Realty, LLC

  930 East Dr, Memphis, TN 38108
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  /2

  $38,900

  $1K PRICE DROP

  • Land
  • 2.43 Acres
  • $16,008 per Acre

  0 E Holmes Rd Unit 10222370, Memphis, TN 38109

  Terrance Hill eXp Realty, LLC

  0 E Holmes Rd Unit 10222370, Memphis, TN 38109
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  /32

  $195,000

  $91K PRICE INCREASE

  • 4 Beds
  • 2.5 Baths
  • 1,749 Sq Ft

  1713 Homedale Ave, Memphis, TN 38116

  Welcome to this spacious 4-bedroom home featuring a 2-car garage and plenty of room to make your own. The versatile floor plan offers comfortable living spaces with great potential for everyday living and entertaining. With generous bedroom space and convenient garage parking, this home is ready for your personal touches. Schedule your showing today! More photos coming.

  Vicki Testerman Mainstay Brokerage, LLC

  1713 Homedale Ave, Memphis, TN 38116
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  /2

  $103,900

  $1K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,516 Sq Ft

  1946 Willow Wood Ave, Memphis, TN 38127

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $995/mo with a market rent of $1200/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the

  William Haynes Crye-Leike, Inc., REALTORS

  1946 Willow Wood Ave, Memphis, TN 38127
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  /12

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,210 Sq Ft

  6557 Sungate Dr S, Memphis, TN 38135

  Great corner lot with large backyard, privately fenced. This home has 3 bedrooms and 2 baths. Conveniently located in Bartlett. Very close to schools, parks and shopping.

  Leanna Dagen Five Star Real Estate Services

  6557 Sungate Dr S, Memphis, TN 38135
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  /12

  $35,000

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  1594 Maplewood St, Memphis, TN 38108

  Vacant, easy to show. Home is in need of renovations. Would make an excellent investment opportunity. Owner finance term at 10% down 2 points at 7.5% interest. Interest only payments.

  Caleb Parr Renshaw Company, REALTORS

  1594 Maplewood St, Memphis, TN 38108
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  $100,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  856 White Clover Ln, Memphis, TN 38109

  Don't miss this inviting 1-story home featuring 3 bedrooms, 1 bathroom, and a 1-car attached carport. The functional floor plan offers comfortable living spaces with plenty of potential to make it your own. The bright living area provides a welcoming space for relaxing or entertaining, while the kitchen offers ample cabinet and counter space for everyday convenience. The generously sized bedrooms

  Vicki Testerman Mainstay Brokerage, LLC

  856 White Clover Ln, Memphis, TN 38109
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  /17

  $95,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  2120 Curry Ave, Memphis, TN 38108

  Beautifully renovated and move-in ready! This charming home features 3 spacious bedrooms and 2 full bathrooms across 1,048 sq ft of thoughtfully updated living space. Built in 1998 and completely refreshed, it offers modern comfort with peace of mind. Enjoy a brand-new HVAC system and new hot water heater, ensuring efficiency and reliability for years to come. No Carpet. Plus, a 1-year home

  Tamara Davenport Keller Williams

  2120 Curry Ave, Memphis, TN 38108
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  /11

  $39,900

  • 3 Beds
  • 1 Bath
  • 1,075 Sq Ft

  1459 Eloise Rd, Memphis, TN 38106

  Solid 4bed brick home with wood floors being offered at a great price. This could be a great primary residence or investment property. There are 3 brand-new homes being built on the same street. Many homes on this street and in this area are being rehabbed and sold for more money. Home has big back yard. Nice floorplan, home needs repairs. Property being sold as is, seller will not make repairs

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1459 Eloise Rd, Memphis, TN 38106
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,159 Sq Ft

  1512 Frayser Blvd, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $725 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  1512 Frayser Blvd, Memphis, TN 38127
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  /14

  $139,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  4390 Willow Rd, Memphis, TN 38117

  Cute and Cozy Bungalow Lifestyle. Check out this recently rehabbed home! 2 bed/1 bath, very nicely done! In the sought after neighborhood of Colonial Acres. Great starter home, empty nesters, or Investment. Currently tenant occupied, Showings available upon accepted offer to purchase.

  Rene stehle Keller Williams

  4390 Willow Rd, Memphis, TN 38117
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  /16

  $124,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1018 Goodman St, Memphis, TN 38111

  Beautiful 3 bedroom, 1 bathroom home with a functional layout and plenty of charm. Features include spacious living areas, updated finishes, and a bright kitchen with ample cabinet space. Enjoy a large backyard perfect for entertaining, relaxing, or pets. Conveniently located near shopping, dining, and schools. Great opportunity for a first time buyer, investor, or anyone looking for affordable

  Crystal Mitchell Renshaw Company, REALTORS

  1018 Goodman St, Memphis, TN 38111
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  /2

  $22,500

  $1K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $204,545 per Acre

  801 Cella St, Memphis, TN 38114

  Great lot! Ready to build your next home or investment property.

  Crystal Mitchell Renshaw Company, REALTORS

  801 Cella St, Memphis, TN 38114
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  /20

  $179,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,160 Sq Ft

  758 Buck St, Memphis, TN 38111

  Welcome home to this lovely 3-bedroom, 2-bathroom brick residence nestled in a peaceful, quiet neighborhood. The interior features a fresh coat of paint, beautiful hard flooring throughout (no carpet), and comes complete with all appliances, making your transition seamless. Enjoy the luxury of extra space with this property, which sits on a combined 2-lot parcel and features a fantastic covered

  Wei Zhai eXp Realty, LLC

  758 Buck St, Memphis, TN 38111
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  /15

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,196 Sq Ft

  2 E Paxton Ln, Memphis, TN 38109

  Well-maintained 3-bedroom, 1-bath single-story home offering approximately 1,196 square feet of functional living space. This inviting residence features a bright and spacious living room, an eat-in kitchen with abundant cabinetry and generous workspace, and a practical floor plan that maximizes comfort and efficiency. Outside, the generous lot provides a large backyard with plenty of space for

  Carl Purifoy Trelora Realty

  2 E Paxton Ln, Memphis, TN 38109
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  /10

  $116,500

  • 4 Beds
  • 2 Baths
  • 1,656 Sq Ft

  2763 Fizer Rd, Memphis, TN 38114

  REDUCED $20,000!! spacious home with 4 bedrooms and 2 full baths--2 bedrooms up and 2 bedrooms down. Separate Living and dining room, eat in kitchen w/island! Central air and heat. Separate laundry room. Primary bedroom includes jet spa tub!! luxury bath w/ walk in closet all on a HUGE lot! Big storage building/barn with attached chicken coop! Priced to sell immediately! MOTIVATED SELLER!!ublic

  Candace Brown Keller Williams

  2763 Fizer Rd, Memphis, TN 38114
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  /2

  $5,500

  • Land
  • 3,049 Sq Ft
  • $78,571 per Acre

  1818 Farrington St, Memphis, TN 38109

  Cleared vacant land for sale, ready for development with level terrain and convenient street access. Owner financing options available. All offers welcome. Previously bought in tax sale. Buyer responsible for endorsement fee.

  Virgil Pryor Harris Realty Services

  1818 Farrington St, Memphis, TN 38109
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  /10

  $46,900

  $5K PRICE DROP

  • Land
  • 3.31 Acres
  • $14,169 per Acre

  1163 W Raines Rd, Memphis, TN 38109

  Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future

  Terrance Hill eXp Realty, LLC

  1163 W Raines Rd, Memphis, TN 38109
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  $145,900

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  1531 Netherwood Ave, Memphis, TN 38106

  TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1-bath home is currently rented for $1,195/month through 3/31/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio

  James Wachob Foundation Property Management

  1531 Netherwood Ave, Memphis, TN 38106
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  $135,900

  • 3 Beds
  • 1.5 Baths
  • 1,026 Sq Ft

  2986 Lake Park Rd, Memphis, TN 38127

  Newly renovated Turnkey property from 2025 being professionally managed by Reedy and Company Realtor's who would like to continue management. 1 year old HVAC, Water heater, Roof less than 8 years old. Over $45,000 worth of renovations completed in 2025. Detailed renovation scope available upon request. Email Mark@memphisinvestmentproperties and Alex@memphisinvestmentproperties for more

  Mark Hart Reedy & Company, REALTORS

  2986 Lake Park Rd, Memphis, TN 38127
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  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 797 Sq Ft

  1658 Sailors St, Memphis, TN 38108

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $850.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  1658 Sailors St, Memphis, TN 38108
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  /7

  $79,000

  • 3 Beds
  • 1 Bath
  • 845 Sq Ft

  927 N 3rd St, Memphis, TN 38107

  Investors special 3/1 move in ready previously rented for $900 rent roll available.

  Cynthia Edwards Grand Point Realty, LLC

  927 N 3rd St, Memphis, TN 38107
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  /2

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,316 Sq Ft

  4374 Ridgewood Rd, Memphis, TN 38116

  Turn-Key Investment Property in 38116! Excellent opportunity to add a tenant-occupied single-family home to your real estate portfolio. This 3-bedroom, 2-bath home features a traditional layout with steady income from day one. Please DO NOT disturb the current occupants; write offers subject to inspection. Buyer and buyer's agent to verify all measurements, tax records, and lease details.

  Sandra Irby Keller Williams

  4374 Ridgewood Rd, Memphis, TN 38116
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  $80,000

  • 2 Beds
  • 1 Bath
  • 1,248 Sq Ft

  2601 Jackson Ave, Memphis, TN 38108

  Welcome to this prime investment opportunity located on an expansive one-third acre+ corner lot. The property currently features a two-bedroom, one-bath bungalow that offers the option to either fully renovate and restore or to redevelop the site entirely. Zoning variance and initial plan approvals are already in place for the construction of a four-plex multifamily residential building. The

  Michael Valenza eXp Realty, LLC

  2601 Jackson Ave, Memphis, TN 38108
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  /2

  $90,000

  $20K PRICE DROP

  • Land
  • 11.53 Acres
  • $7,806 per Acre

  4487 Weaver Rd S, Memphis, TN 38109

  EXCELLENT FOR NEW HOME CONSTRUCTION........GREAT FRONTAGE ON WEAVER ROAD......(2) PARCELS ALMOST 12 ACRES.... .25 ACRES ALREADY CLEARED AND READY FOR BUILDING.

  Georgia Torrance Torrance Real Estate

  4487 Weaver Rd S, Memphis, TN 38109
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  /31

  $69,900

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 976 Sq Ft

  624 Mohawk Ave, Memphis, TN 38109

  Move-in ready 3BR/1BA gem in Chickasaw Village! Featuring fresh paint, updated kitchen and bath, and classic hardwood floors. This efficient layout offers a low-maintenance crawl space foundation and central HVAC. Perfectly situated near T.O. Fuller State Park—ideal for first-time buyers or investors seeking a turnkey rental.

  Thee Gaines Trelora Realty

  624 Mohawk Ave, Memphis, TN 38109
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  /2

  $7,000

  $4K PRICE INCREASE

  • Land
  • 4,356 Sq Ft
  • $70,000 per Acre

  1491 Oriole St, Memphis, TN 38108

  Great opportunity to build home. Area surrounded by new development. This property was purchased on a tax sale. Being sold as a vacant lot.

  Connie Farina C21 Home First, REALTORS

  1491 Oriole St, Memphis, TN 38108
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  /17

  $105,999

  $24K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1497 Titus Rd, Memphis, TN 38111

  Home presents a true full-gut renovation project for experienced investors, contractors, or fix-and-flip specialists. addition shows stud work and framing, offering a complete blank canvas with no guesswork needed for demo work. The property requires improvements throughout, including full mechanical system installations (HVAC, electrical, plumbing), dry walling, new flooring, and complete

  Henry Pineda Fast Track Realty, LLC

  1497 Titus Rd, Memphis, TN 38111
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  /2

  $24,999

  • Land
  • 3,920 Sq Ft
  • $277,767 per Acre

  995 Seattle St, Memphis, TN 38114

  Vacant 40x100 lot in the Rozelle neighborhood. Flat lot and ready to build on. R-6 (H) zoning. Two other lots in the neighborhood also listed.

  Rob Thompson Bluff City Realty Group, LLC

  995 Seattle St, Memphis, TN 38114
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  /35

  $144,900

  • 4 Beds
  • 3 Baths
  • 2,102 Sq Ft

  961 N Dunlap St, Memphis, TN 38107

  Great investment opportunity to own an income-producing duplex with immediate cash flow and additional upside potential. One unit is currently rented for $1,000 per month, while the other unit is vacant and fully renovated, offering the opportunity to secure a new tenant at a potentially higher market rent. The flexible setup makes this property ideal for investors looking to add a cash-flowing

  Tyler Bowman Weichert, REALTORS-BenchMark

  961 N Dunlap St, Memphis, TN 38107
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  /3

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111

Showing Results 401 - 440, Page 11 of 18