Memphis, TN Homes for Sale under $200,000

• 

  

  

  /14

  $190,000

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

  6579 Sungate Dr S, Memphis, TN 38135

  Downsizing? This is the one. 2Bdrm 2Bth and ample living area and storage too. Great location in the heart of Bartlett. All appliances stay including the washer and dryer Clean as a pin and well decorated.

  Susan Hatfield KAIZEN Realty, LLC

  6579 Sungate Dr S, Memphis, TN 38135
• 

  

  

  /19

  $134,900

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

  1604 Echles St, Memphis, TN 38111

  Great opportunity for investors or handy homeowners! This 4 bedroom, 2 bath brick home offers solid potential with a functional layout and great bones. The kitchen, bathrooms, and laundry area feature durable tile flooring, while the rest of the home showcases neutral interior paint that suits a variety of styles. A brushed nickel package throughout—including light fixtures, door knobs, and

  Camela Henke Enterprise, REALTORS

  1604 Echles St, Memphis, TN 38111
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  /27

  $135,000

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

  2384 Saint Elmo Ave, Memphis, TN 38127

  Look HERE!! This fully renovated 3bed/ 1.5 Bathroom home is waiting for you! Perfect for a Starter home, downsizing, or looking to ADD to that Rental Portfolio? Complete with Dining Room and Laundry Space set off the Kitchen. NEW HVAC, FLOORING, electrical, lighting fixtures, just to name a few of these Upgrades! Check out how much space there is in that fenced-in back yard... and so close

  Jennifer Clark KAIZEN Realty, LLC

  2384 Saint Elmo Ave, Memphis, TN 38127
• 

  

  

  /34

  $190,000

  • 4 Beds
  • 3.5 Baths
  • 2,000+ Sq Ft

  4145 Willowview Ave, Memphis, TN 38111

  Investors looking for a property that meets that 1% rule. Fully renovated 4-bedroom, 3 1⁄2-bath home featuring a dedicated office and modern upgrades throughout. Build your portfolio or make your first move on this investment property. Section 8 Approved

  Jason Wallace Keller Williams Realty

  4145 Willowview Ave, Memphis, TN 38111
• 

  

  

  /19

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,800+ Sq Ft

  2303 Saint Elmo Ave, Memphis, TN 38127

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  2303 Saint Elmo Ave, Memphis, TN 38127
• 

  

  /15

  $150,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  2162 Griggs Ave, Memphis, TN 38108

  Fantastic investment opportunity or ideal owner-occupant setup! This updated duplex features (2) 1BR/1BA units, each with spacious living rooms and kitchens (12x11 & 12x10). Both units boast luxury vinyl plank flooring in living and bedroom areas, tile in kitchens and baths, plus modern kitchens and updated baths with tile surrounds. Additional highlights include double-pane vinyl windows,

  Mark Wilson Coldwell Banker Collins-Maury

  2162 Griggs Ave, Memphis, TN 38108
• 

  

  /25

  $199,900

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

  2907 Walker Ave, Memphis, TN 38111

  Newly Renovated Home Near the University of Memphis! Welcome to 2907 Walker Ave, a move-in ready home with a brand-new roof, all-new windows, and fresh updates throughout. Inside, you’ll find luxury vinyl flooring, modern light fixtures, and two fully renovated bathrooms with new tile, vanities, mirrors, and shower finishes. Enjoy the comfort of a separate laundry room, ceiling fans, and a

  Joshua Moss KAIZEN Realty, LLC

  2907 Walker Ave, Memphis, TN 38111
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  /14

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  4040 Windermere Rd, Memphis, TN 38128

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Mark Hart Reedy & Company, REALTORS

  4040 Windermere Rd, Memphis, TN 38128
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  /2

  $119,900

  • 2 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3672 Maid Marian Ln, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/2 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $935/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3672 Maid Marian Ln, Memphis, TN 38111
• 

  

  /23

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3558 Kensett Dr, Memphis, TN 38127

  “Perfect Starter Home in Frayser – Move-In Ready!” Welcome to this charming 3-bedroom, 1-bath home that’s ideal for a first-time home buyer or a smart investor. Inside, you’ll find beautiful hardwood floors, neutral paint throughout, and plenty of natural light that make the home feel warm and inviting. The spacious backyard is perfect for family gatherings, pets, or future projects. Recent

  Ricky Cooper Realty Capital Management, LLC

  3558 Kensett Dr, Memphis, TN 38127
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  /30

  $117,000

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

  123 Loraine Rd, Memphis, TN 38109

  Investor opportunity in a strong rental market! This all-brick, low-maintenance, charming 3-bedroom, 1.5-bath home offers 1,080 sq. ft. of living space on a fenced 0.15-acre lot. Features include central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, Kwikset SmartKey exterior locks, new LED lighting throughout, new switches/outlets/GFIs, and

  Heath Gooch STIXNBRIX

  123 Loraine Rd, Memphis, TN 38109
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  /2

  $140,000

  • 4 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1558 Patterson St, Memphis, TN 38111

  REDUCED $10,000 Tenant Occupied , Lease will expire Nov 19, 2025, Rent $1,500 month House remodeled 1 year ago by owner Write offer contingent on Inspection Central air & Heating Hardwood floors, 1 car carport with extra parking

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  1558 Patterson St, Memphis, TN 38111
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  /25

  $169,000

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

  4589 Range Line Rd, Memphis, TN 38127

  Charming 4-Bedroom, 2-Bath Home – Perfect for Living or Investing Welcome to this well-maintained 4-bedroom, 2-bathroom home offering 1,269 sq ft of comfortable living space. Whether you’re searching for the perfect primary residence or a smart investment property, this home checks all the boxes. Step inside to find a bright and inviting layout designed for easy living. The home’s low-maintenance

  Princess Parker Crye-Leike, Inc., REALTORS

  4589 Range Line Rd, Memphis, TN 38127
• 

  

  /19

  $195,000

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

  109 N Main St Unit 514, Memphis, TN 38103

  Come see this charming 2BD/2BA condo in the historic Claridge House at 109 N Main, beautifully updated with modern touches like new LED lighting and Smart Thermostat. Enjoy fantastic amenities such as a rooftop with city views, an indoor pool, hot tub, gym, and a cozy lobby with a coffee shop. Ideally located downtown near law schools, shopping, and restaurants, this move-in-ready unit offers

  Virgil Pryor Harris Realty Services

  109 N Main St Unit 514, Memphis, TN 38103
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  /16

  $198,500

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  1570 Dearing Rd, Memphis, TN 38117

  Improved Price! Welcome home! This adorable ranch style home is ready for a new owner. Completely renovated top to bottom in 2018, this home stands out with beautiful hardwood floors throughout, renovated kitchen and bath with stone tops, 7 year old roof and hvac, 1 year old hot water, a 1 car carport, and a large fenced backyard with storage shed and newly poured patio. This home is perfect for

  Joshua Cooper Sowell, Realtors

  1570 Dearing Rd, Memphis, TN 38117
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  /24

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  6623 Quail Covey Dr, Memphis, TN 38141

  Charming 1-story home featuring 3 bedrooms and 2 bathrooms with a kitchen/dining room combo perfect for entertaining. The living room includes a cozy fireplace, and the home also offers a welcoming foyer and a versatile den. The primary suite boasts two spacious closets, providing ample storage. A dedicated laundry room adds convenience to this comfortable and functional layout. One or more

  Rochele Minerd Mainstay Brokerage, LLC

  6623 Quail Covey Dr, Memphis, TN 38141
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  /17

  $139,900

  • 3 Beds
  • 9,800 Sq Ft

  564 W Peebles Rd, Memphis, TN 38109

  Unique 2-for-1 Opportunity – Renovated Home + Rental Unit! Don’t miss this rare chance to own two homes on one lot! The front property is a beautifully renovated 2BR/1BA featuring an updated kitchen and bath, central heat & air, low-maintenance brick exterior, and a charming front porch to enjoy. Behind it sits a separate 1BR/1BA home currently occupied on a month-to-month lease at $500/month,

  Caleb Parr Renshaw Company, REALTORS

  564 W Peebles Rd, Memphis, TN 38109
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  /14

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4100 Hitchcock Dr, Memphis, TN 38128

  Step into a beautiful renewed home that is ready for your next chapter. Nestled on a quiet, established street, this three-bedroom, two-bath home welcomes you with freshly painted walls that brighten every room. The layout has been smoothed out with fresh new carpet and luxury vinyl flooring throughout. Step outside to discover a generously sized driveway and an attached garage—room enough for

  Joseph Herrera Premier Realty Group, LLC

  4100 Hitchcock Dr, Memphis, TN 38128
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  /15

  $118,500

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

  3953 Hedgerow Dr, Memphis, TN 38109

  Are you ready for a move in ready home? This home qualifies for DPA/ City of Memphis program. Three bedrooms, 1 full bath, living room, eat in kitchen, and a den. Home has AC unit (3 years old) and one window unit for even more comfort. The roof is only 8 years old. Come see why you will love this spacious home.

  Andre Pruitt TRG Real Estate Services, LLC

  3953 Hedgerow Dr, Memphis, TN 38109
• 

  

  /18

  $164,900

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  3002 Robbiedon St, Memphis, TN 38128

  Welcome to this beautifully updated 3-bedroom, 1.5-bath brick home featuring a spacious layout and a huge fenced backyard perfect for entertaining, pets, or play. Step inside to refinished hardwood floors that add warmth and character throughout the main living spaces. The kitchen and bathrooms have been refreshed with modern updates, while the brand-new roof and central heat & air provide peace

  Caleb Parr Renshaw Company, REALTORS

  3002 Robbiedon St, Memphis, TN 38128
• 

  

  /18

  $139,900

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

  560 W Peebles Rd, Memphis, TN 38109

  Step into this fully updated 4-bedroom, 2-bath brick home that’s move-in ready and built to impress. The freshly renovated kitchen and baths offer modern style and function, while luxury vinyl plank flooring flows seamlessly throughout for a clean, durable finish. The low-maintenance brick exterior makes ownership effortless. This home is perfect as a primary residence or for an owner-occupant

  Caleb Parr Renshaw Company, REALTORS

  560 W Peebles Rd, Memphis, TN 38109
• 

  

  /15

  $137,900

  • 3 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118

  Move in Ready or Rent ready. 3 bedrooms, 2.5 baths. Open concept.

  Greg Renfrow NextHome Cornerstone Realty

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118
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  /9

  $158,000

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

  5082 Golden Oaks Dr, Memphis, TN 38118

  This corner lot property nettles in The East Haven Subdivision. The home offers 3 bedrooms with 2 full baths. Completely renovated & ready for the 1st Time-Buyer family or the Eempty Nestor. Call for your private viewing of this home.

  Gregory Fleming Townsend & Fleming, Inc.

  5082 Golden Oaks Dr, Memphis, TN 38118
• 

  

  /5

  $128,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4039 Trevathan Cir, Memphis, TN 38109

  Investor Special! This tenant-occupied property offers 3 bedrooms, 1 bathroom, and a versatile den—perfect for use as an additional bedroom, office, or lounge area. Currently leased at $1,350/month and professionally managed, it's a turnkey addition to any investment portfolio. The lease expires 2/13/2026. Conveniently located just 18 minutes from Downtown Memphis and 17 minutes from Midtown.

  Raven Henderson KAIZEN Realty, LLC

  4039 Trevathan Cir, Memphis, TN 38109
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  /21

  $155,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  245 Madison Ave Unit 605, Memphis, TN 38103

  Live in the heart of downtown Memphis at The YMCA Lofts on Madison Ave. This stylish 1-bedroom, 1-bath condo features an updated kitchen, a renovated bathroom, spacious closet, and the character of exposed brick walls. Located steps from AutoZone Park, the Redbirds Stadium, and some of the city’s best restaurants and entertainment, it offers unmatched walkability. Ideal as a personal residence or

  Rollin Rosatti Crye-Leike, Inc., REALTORS

  245 Madison Ave Unit 605, Memphis, TN 38103
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  /14

  $145,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  820 Creekside Dr Unit 1, Memphis, TN 38117

  Welcome to Audubon Square Condominiums in East Memphis! This charming, gated community offers a peaceful, friendly atmosphere with beautifully cared-for grounds and easy access to shopping, local dining, and all the highways you need. Residents enjoy great amenities like three sparkling pools, a clubhouse, tennis courts, and assigned covered parking, everything you need to relax and enjoy life.

  Erica Johnson Keller Williams

  820 Creekside Dr Unit 1, Memphis, TN 38117
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  /40

  $199,000

  • 2 Beds
  • 2.5 Baths
  • 1,400+ Sq Ft

  2284 Edgewood Cove, Memphis, TN 38104

  Welcome to 2284 Edgewood Cove – a charming 2 bed, 2.5 bath townhouse in the heart of Midtown! This well-maintained home offers a spacious layout with a separate dining room and a bright living room that opens onto a private patio—perfect for relaxing or entertaining. The kitchen is efficiently designed, and a convenient laundry closet adds to everyday ease. Upstairs, both bedrooms feature

  Alex Turner Hobson, REALTORS

  2284 Edgewood Cove, Memphis, TN 38104
• 

  

  /14

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  330 Granville Ave, Memphis, TN 38109

  This fully renovated, tenant-occupied property features extensive exterior and interior upgrades—including a new roof, siding, flooring, kitchen, bath, and fixtures—making it a true turnkey investment that delivers immediate, reliable rental income with low-maintenance ownership. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  330 Granville Ave, Memphis, TN 38109
• 

  

  /23

  $125,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1773 Greenview Cir, Memphis, TN 38108

  Cute 3bdr/1 bath in the Evergreen Gardens Subdivision! Near Midtown & Downtown Memphis! Great For An Investment or Owner Occupant! This home was renovated in 2022 with a new roof, A/C, exterior painted, new tile floors, laminate floors, updated kitchen, bathroom, new light fixtures, and appliances. The interior has been painted recently. The kitchen features a breakfast bar, dining room with

  Monica Bynum Crye-Leike, Inc., REALTORS

  1773 Greenview Cir, Memphis, TN 38108
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  /4

  $130,000

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

  2205 Oldfield Dr, Memphis, TN 38134

  Investors only! This property is fully rented, 100% occupied. It is a 2bed 2bath rented at $1075/mo. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1580/1582 Marjorie ($100k), and 1623/1625 Galveston ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2205 Oldfield Dr, Memphis, TN 38134
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  /30

  $188,000

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

  1358 Old Hickory Rd, Memphis, TN 38116

  Charming 3-bedroom, 2-bathroom home on a quiet street in the heart of Whitehaven. Built in 1961, this well-kept residence offers classic character with comfortable living spaces. Conveniently located near Graceland, shopping, dining, and major highways, you’ll enjoy both peace and accessibility. A great opportunity for first-time buyers or investors looking for a solid home in a prime location.

  Robert Hunt Epique Realty

  1358 Old Hickory Rd, Memphis, TN 38116
• 

  

  /18

  $182,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  2589 Browning Ave, Memphis, TN 38114

  This 3-bedroom, 2-bath home offers an open floor plan, stainless steel appliances, and a spacious kitchen island perfect for cooking, gathering, or unwinding after a long day. Custom security doors at the front and back entrances provide added peace of mind. This move-in ready, newer-construction home blends style, function, and affordability. Whether you’re purchasing your first home or seeking

  Tondia Shotwell-Bouie Crye-Leike, Inc., REALTORS

  2589 Browning Ave, Memphis, TN 38114
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  /40

  $199,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  420 S Front St Unit 306, Memphis, TN 38103

  Experience Downtown living in this sleek downtown condo - walking distance to the Riverfront, bars, restaurants, FedEx Forum, Farmers Market & Malco Theatre. 1 bedroom unit with walk in closet. No carpet - all hardwood, wood laminate & tile floors. Exposed beam & brick in living room. Enjoy views of the mighty Mississippi river & bridge from your condo. Kitchen w/granite countertops & stainless

  Jessica Brown REMAX Experts

  420 S Front St Unit 306, Memphis, TN 38103
• 

  

  /13

  $170,000

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

  4285 Fairmont Ave, Memphis, TN 38108

  Charming 3 bed 1 bath home in the heart of Berclair. Recently renovated with hardwood floors, a bright front living room, open dining/kitchen area, and a spacious back den with fireplace. Includes laundry room, three large bedrooms, and rare two-car detached garage with shop plus a one-car carport. Great starter or investment property. Currently rented, do not disturb tenants. Offers must be

  Cesar Lara Fast Track Realty, LLC

  4285 Fairmont Ave, Memphis, TN 38108
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  /37

  $115,000

  • 6 Beds
  • 4 Baths
  • 3,800+ Sq Ft

  1025 Wichita Ave, Memphis, TN 38106

  RARE OPPORTUNITY! 2 Homes, 1 Deal – Endless Potential! Two houses on one property at 1025 Wichita Ave – sitting on 1/3 of an acre! Main Home: 4 BR, 2 BA with primary suite downstairs Guest Home: 2 BR, 2 BA with soaring ceilings + loft living area New roofs on both homes! Both homes have fire damage, but some work has already been done—this property just needs the right touch to complete the

  Tondia Shotwell-Bouie Crye-Leike, Inc., REALTORS

  1025 Wichita Ave, Memphis, TN 38106
• 

  

  /26

  $179,900

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

  1931 Manila Ave, Memphis, TN 38114

  Welcome to this nice 3/4 bedroom home with lots of hard wood throughout. Big greatroom (17x14) with 2 br down and 2 big br up. Nice size kitchen with stove and fridge. New central heat and air. Backyard is nice size and fenced.

  Aubrey Tilson Crye-Leike, Inc., REALTORS

  1931 Manila Ave, Memphis, TN 38114
• 

  

  /23

  $179,000

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  4463 Sandy Park Dr, Memphis, TN 38141

  Welcome to this spacious and well-maintained 3-bedroom, 2-bath home—an ideal choice for first-time buyers ready to invest in comfort and value. Featuring a dedicated dining room and a separate laundry room, this layout offers both functionality and room to grow. The roof is less than 3 years old, ensuring peace of mind for years to come. Step outside to enjoy a fully fenced yard—perfect for pets,

  Cresha Rounds Adaro Realty, Inc.

  4463 Sandy Park Dr, Memphis, TN 38141
• 

  

  /23

  $185,000

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

  1886 Danville Rd, Memphis, TN 38117

  Beautiful house 4 bedrooms 2 baths ~ New HVAC ~ Freshly painted ~ Stove & Fridge to stay at the property ~ Big back yard with storage ~ Come see this house today!

  Itzel Sanchez Bustamante Keller Williams

  1886 Danville Rd, Memphis, TN 38117
• 

  

  /17

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  1740 Carlyle Ave, Memphis, TN 38127

  ? Welcome to 1740 Carlyle Avenue! ? **UPDATES**Fully Renovated!! NEW windows, roof, HVAC, cabinets & countertops, refrigerator, microwave, stove, closet doors!!! NEW fence and exterior paint.** This 3 bedroom, 2 bath stunner has been fully renovated and is showing off its open floor plan with pride. Step inside to find fresh, clean finishes that make the whole place feel like it belongs in a

  Keri Jayroe Epique Realty

  1740 Carlyle Ave, Memphis, TN 38127
• 

  

  /17

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1055 N Avalon St, Memphis, TN 38107

  Great Home Close to Mclean and Vollintine / This brick home sits on a corner lot, all brick, great side porch, and off-street parking in the rear of the home. This home features 3 bedrooms, 1 full bath, and real hardwood flooring throughout. This very charming home has all the features you would expect in a midtown home. This great home is waiting for you to make it your own...call to schedule

  Ben Strauch Skyline Realty

  1055 N Avalon St, Memphis, TN 38107

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