Memphis, TN Homes for Sale under $200,000

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  $84,900

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  4686 Gill Rd, Memphis, TN 38109

  Welcome to your dream abode nestled in the heart of Memphis, TN! This charming single-story, 3-bedroom home offers a comfortable and convenient lifestyle with modern comforts and plenty of room to grow. Step inside where an inviting living space seamlessly flows into a cozy dining area, perfect for family gatherings or entertaining friends. The kitchen boasts ample cabinetry and counter space,

  Alexis Martz Trelora Realty

  4686 Gill Rd, Memphis, TN 38109
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  /14

  $198,000

  • 2 Beds
  • 1.5 Baths
  • 1,305 Sq Ft

  5020 Arbor Lake Dr, Memphis, TN 38141

  Great opportunity in an established East Memphis Lake Community! Traditional 2BR/1 and Half Bath two story home featuring a spacious living room with a fireplace, functional eat in kitchen, and main-floor half bath. Upstairs boasts 9ft ceilings and comfortable bedrooms. Level, mature lot with front load garage. Conveniently located near neighborhood amenities and schools. HVAC unit replace 2024.

  Sonja Harris Regency Realty, LLC

  5020 Arbor Lake Dr, Memphis, TN 38141
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  /33

  $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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  /2

  $12,500

  • Land
  • 6,969 Sq Ft
  • $78,125 per Acre

  664 E Alston Ave, Memphis, TN 38126

  Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

  James Wachob Foundation Property Management

  664 E Alston Ave, Memphis, TN 38126
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  /31

  $84,900

  $15K 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.

  Alexis Martz 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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  /36

  $99,900

  $25K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 2,666 Sq Ft

  61 E Fernwood Ave, Memphis, TN 38109

  Discover the enduring appeal of this 1940s-built 1.5-story residence, a 2 bed (with bonus rm!) 2 ba home that stands as a testament to quality craftsmanship and thoughtful design. Spanning a versatile layout on a level lot framed by mature perimeter trees, this well maintained property boasts gorgeous original hardwood flooring throughout the main level, creating a warm and timeless aesthetic.

  Christopher Stjernholm Trelora Realty

  61 E Fernwood Ave, Memphis, TN 38109
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  /2

  $25,000

  • Land
  • 3,920 Sq Ft
  • $277,778 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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  /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
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  /21

  $195,000

  • 2 Beds
  • 2 Baths
  • 1,411 Sq Ft

  716 Walnut Woods Cove N, Cordova, TN 38018

  Back on the market! No fault of the seller! Buyer was unable to secure financing. Beautifully maintained 2 bedroom, 2 bath home featuring a versatile bonus room and a low maintenance lifestyle! This home offers high ceilings, a spacious den, separate dining area, and a large patio perfect for entertaining. Located beside a paved neighborhood walking trail that leads to a large green space,

  Mallely Tackett Crye-Leike, Inc., REALTORS

  716 Walnut Woods Cove N, Cordova, TN 38018
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  /15

  $89,000

  • 2 Beds
  • 1 Bath
  • 951 Sq Ft

  807 Kippley St, Memphis, TN 38112

  This clean 957 sq. ft. bungalow in the 38112-zip code represents a prime opportunity for an investor to secure a high-demand asset in a core Memphis rental pocket. The property features a newer roof alongside original hardwood floors that provide a solid foundation for a quality finish. With the majority of rent-ready items already addressed, the home requires only minor work to be market-ready,

  Sherry Roberts Advantage Property Management

  807 Kippley St, Memphis, TN 38112
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  /18

  $189,900

  • 3 Beds
  • 2 Baths
  • 2,230 Sq Ft

  2496 James Rd, Memphis, TN 38127

  Welcome to 2496 James Road, a beautifully renovated 3 bedroom, 2 bath home offering 2,230 square feet of stylish, move in ready living. From the moment you step inside, you'll appreciate the fresh modern finishes, bright open layout, and thoughtful updates that make this home both inviting and functional. Designed with everyday living and entertaining in mind, the spacious floor plan flows

  Jonathan Nunez Fast Track Realty, LLC

  2496 James Rd, Memphis, TN 38127
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  /25

  $190,500

  $15K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 2,073 Sq Ft

  5054 Gull Rd, Memphis, TN 38109

  Charming home nestled in a peaceful, well-established community—perfect for the savvy homebuyer! This beautiful gem features an open floor plan and stunning flooring throughout the living areas. With 5 spacious bedrooms, it offers plenty of space for family and guests. Residents enjoy exclusive access to Cora Lake, a private community lake dedicated solely to homeowners in the subdivision, where

  Lakesha Lilly Leatherwood The Home Partners Realty

  5054 Gull Rd, Memphis, TN 38109
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  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  287 George St, Memphis, TN 38109
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  /2

  $13,899

  • Land
  • 4,356 Sq Ft
  • $138,990 per Acre

  869 Alaska St, Memphis, TN 38107

  Vacant level lot for sale, utilities available.

  Virgil Pryor Harris Realty Services

  869 Alaska St, Memphis, TN 38107
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  /8

  $88,500

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  2034 Driftwood Ave, Memphis, TN 38127

  INVESTERS ONLY. Tenant occupied property being marketed to investors. This can be a great addition to your rental portfolio. Property is Professionally managed by Reedy and Company. This 2 bed 1bath home is rented at $925/mo. Many homes in this area are being rehabbed and sold for more money. No sign. PLEASE DO NOT APPROACH OR DISTURB TENANT. Make all offers contingent on an interior inspection.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2034 Driftwood Ave, Memphis, TN 38127
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  /2

  $12,500

  • Land
  • 5,662 Sq Ft
  • $96,154 per Acre

  2530 Calvert Ave, Memphis, TN 38108

  Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

  James Wachob Foundation Property Management

  2530 Calvert Ave, Memphis, TN 38108
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  /2

  $5,000

  $6K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $71,429 per Acre

  0 Mississippi Blvd, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  0 Mississippi Blvd, Memphis, TN 38106
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  /2

  $25,000

  $15K PRICE INCREASE

  • Land
  • 3,920 Sq Ft
  • $277,778 per Acre

  652 Tillman St, Memphis, TN 38111

  The lot is a nice size for multiple or single family housing. It's a good place to build affordable housing. It is covenient to availabe services on Summer.

  Dianne Wilson-Hayden Crye-Leike, Inc., REALTORS

  652 Tillman St, Memphis, TN 38111
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  /3

  $154,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,549 Sq Ft

  1382 S Parkway E, Memphis, TN 38106

  Fabulous brick home in move in condition featuring a spacious living room, dining room, 3 bedrooms, renovated bath room, large eat -in kitchen, and an oversized back yard that's ideal for entertaining. This home is a steal at $154900.00!!

  Carol Tate Tate Realty and Construction

  1382 S Parkway E, Memphis, TN 38106
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  /8

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,482 Sq Ft

  5225 Apollo St, Memphis, TN 38116

  Cash flowing property for sale in Whitehaven! Home is leased for $1400 by a housing tenant. Lease ends January 2027 and is professionally managed. Call listing agent for details. Do not disturb tenants and access granted upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  5225 Apollo St, Memphis, TN 38116
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  /15

  $109,900

  • 2 Beds
  • 1 Bath
  • 808 Sq Ft

  1443 Wrenwood St, Memphis, TN 38122

  Move-in ready 2 bed, 1 bath home located in the Nutbush area of Memphis. This well-maintained property features easy maintenance with LVP flooring and some recent updates throughout, offering a functional layout and comfortable living spaces. Enjoy a nice, flat yard with ample space for outdoor activities and entertaining. Ideal opportunity for investors or owner-occupants, including first-time

  Michael Valenza eXp Realty, LLC

  1443 Wrenwood St, Memphis, TN 38122
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  /21

  $84,900

  • 3 Beds
  • 1 Bath
  • 930 Sq Ft

  3749 Wolf Trail Dr, Memphis, TN 38128

  Welcome to this charming property tucked away on Wolf Trail Dr in Memphis. This well-maintained residence offers a comfortable single-story layout with spacious living areas, natural light, and practical functionality throughout. The cozy kitchen provides ample cabinet space and flows easily into the dining area, making everyday living and entertaining convenient. Generously sized bedrooms offer

  Alexis Martz Trelora Realty

  3749 Wolf Trail Dr, Memphis, TN 38128
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  /2

  $55,000

  $55K PRICE DROP

  • Land
  • 35,719 Sq Ft
  • $67,073 per Acre

  3646 Democrat Rd, Memphis, TN 38118

  This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

  John Cornes Braden, Braden & Braden LLC

  3646 Democrat Rd, Memphis, TN 38118
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  /22

  $179,900

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,084 Sq Ft

  4709 Raleigh Lagrange Rd, Memphis, TN 38128

  Discover comfort in this spacious 4-bedroom, 2-bathroom home in the heart of Memphis. With 2,082 square feet of living space, this residence offers a functional layout perfect for any lifestyle. Enjoy generous room sizes and a welcoming atmosphere, along with easy access to Covington Pike, I-40, schools, and shopping.

  Tiffany Jones Trelora Realty

  4709 Raleigh Lagrange Rd, Memphis, TN 38128
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  /2

  $10,000

  • Land
  • 7,405 Sq Ft
  • $58,824 per Acre

  1197 Wilson St, Memphis, TN 38106

  Residential lot located in Memphis. Great opportunity for new construction or investment property. Convenient access to schools, shopping, dining, and major roadways.

  Jonathan Minerick homecoin.com

  1197 Wilson St, Memphis, TN 38106
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  /2

  $26,875

  • 2 Beds
  • 1 Bath
  • 5,888 Sq Ft

  1062 Overton Park Ave, Memphis, TN 38105

  An investor's dream! A total of 4 duplexes with great room, 2 bedrooms, one bath and kitchen. Located in a cove, these homes would be ideal for investors with an eye for rehabbing functional homes in need of cosmetic upgrades. Located minutes away from downtown or midtown, homeowners will have ample choices for entertaining family and friends.

  Felicia Carey Crye-Leike, Inc., REALTORS

  1062 Overton Park Ave, Memphis, TN 38105
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  /13

  $119,000

  • 3 Beds
  • 1 Bath
  • 1,147 Sq Ft

  223 Charter Ave, Memphis, TN 38109

  Investor's Dream! Don't miss this newly renovated (2023) income producing property featuring 3 bedrooms and 1 bathroom. Currently tenant occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School

  Raven Henderson KAIZEN Realty, LLC

  223 Charter Ave, Memphis, TN 38109
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  /25

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  2235 Shannon Ave, Memphis, TN 38108

  Great investment opportunity. The seller started to renovations. Some repairs still needed. Own your first investment. Can be sold separate or as a package.

  Lisa Nelson Exit Wise Master-Builders Real

  2235 Shannon Ave, Memphis, TN 38108
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  /8

  $11,000

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  123 W Frank Ave, Memphis, TN 38109

  Opportunity Awaits!! 2br/1 bth Investment Property being sold As is property features a brand-new roof, new sheetrock in living area. Ideal for Investors or land developers looking to capitalize on a solid structure and add forced value This is a Value add with upside potential. Seller is willing to do owner financing.

  Terry Jackson Keller Williams

  123 W Frank Ave, Memphis, TN 38109
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  /2

  $127,900

  • 3 Beds
  • 1 Bath
  • 1,058 Sq Ft

  79 E Shelby Dr, Memphis, TN 38109

  This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

  Joye Martin Miller Martin Realty

  79 E Shelby Dr, Memphis, TN 38109
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  /12

  $118,000

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  2559 Wellons Ave, Memphis, TN 38127

  Move in ready Brick home, fresh interior, and new roof in a growing neighborhood. Excellent starter home or addition to your rental portfolio. Don't miss out on this great opportunity!

  Brett Bernard The Stamps Real Estate Company

  2559 Wellons Ave, Memphis, TN 38127
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  /11

  $119,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,584 Sq Ft

  564 W Peebles Rd, Memphis, TN 38109

  TWO FOR ONE SPECIAL! Front house is 2bed 1bath, PLUS there is a rear detached 1bed 1bath unit rented for $400/mo. Seller has done a lot of repairs/upgrades in main home including: New Kitchen (new countertops, new tile, new cabinets) fresh interior/exterior paint, new flooring, upgraded bathrooms. Home qualifies for special 100% financing for owner occupant buyers. FHA/VA/Conventional offers

  Tyler Tapley Crye-Leike, Inc., REALTORS

  564 W Peebles Rd, Memphis, TN 38109
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  /15

  $75,000

  $18K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  4753 Berta Rd, Memphis, TN 38109

  If you’re looking to grow your real estate portfolio, this freshly painted, recently updated two-bedroom, one-bath home might be just what you need. It features a roomy backyard with plenty of space to expand and is also a great choice for an owner-occupant.

  Sharon Turner Lawrence Johnson, REALTORS

  4753 Berta Rd, Memphis, TN 38109
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  /10

  $95,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  1510 Gausco Rd, Memphis, TN 38106

  Very nicely renovated and move-in ready! This charming 3-bedroom, 1-bath brick home features updates throughout, including fresh paint, updated flooring, an attractive kitchen, and a beautifully refreshed bathroom. Enjoy low-maintenance brick construction, a spacious yard, and a convenient location close to schools, shopping, and major roadways. Perfect for first-time buyers or investors looking

  Jessie Lucas Niter & Associates

  1510 Gausco Rd, Memphis, TN 38106
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  /3

  $109,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 874 Sq Ft

  906 Wrenwood St, Memphis, TN 38122

  Great investment opportunity. No creative finance offers. No sign in yard. Property is 2 bedrooms, 1 bathroom, spacious living room that opens to dining area. Property has hardwood floors throughout. Ceilings are smooth. Large fenced backyard! Seller prefers and As-Is Sale.

  Jon Dickens The Firm

  906 Wrenwood St, Memphis, TN 38122
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  /2

  $47,300

  • Land
  • 6,534 Sq Ft
  • $315,333 per Acre

  863 Maury St, Memphis, TN 38107

  Rarely available corner lot 50 x 135 in Vollintine Evergreen area, close to Crosstown marketplace. Reasonably priced, and will consider best offer.

  Sam Hanks Broker South Realty

  863 Maury St, Memphis, TN 38107
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  /2

  $160,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,278 Sq Ft

  3588 Kearney Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1450/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3588 Kearney Ave, Memphis, TN 38111
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  /17

  $110,000

  • 2 Beds
  • 2 Baths
  • 1,269 Sq Ft

  2006 Quinn Ave, Memphis, TN 38114

  INVESTORS ONLY!!! Lovely 2bed 2bath home currently rented at $1095/mo. This could be a great addition to your portfolio. Property was substantially rehabbed in 2022. Roof, A/C and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2006 Quinn Ave, Memphis, TN 38114

Showing Results 401 - 440, Page 11 of 18