Memphis, TN Homes for Sale under $200,000

• 

  

  

  /22

  $175,000

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

  1485 Ivy Rd, Memphis, TN 38117

  Charming, recently updated 3br, 1.5ba home in the heart of East Memphis! Updated kitchen including new cabinets, fixtures, and flooring. New AC unit August 2024. New LVP flooring in kitchen, pantry, laundry room, and den. Lots of room with a Living Room, separate Dining Room, Breakfast Room, and large Den, over 1,500 square feet. New extra long driveway. Close to shopping, restaurants, and

  Bradley Conder John Green & Co., REALTORS

  1485 Ivy Rd, Memphis, TN 38117
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  /7

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,188 Sq Ft

  3614 Trudy Cove, Memphis, TN 38128

  tenant occupied investment property, do not disturb tenant. Tenant's rights apply. showings only permitted with accepted offer. Interior photos depict condition before current tenant occupancy.

  Justin Thorne HomePlace Real Estate

  3614 Trudy Cove, Memphis, TN 38128
• 

  

  

  /15

  $109,900

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

  810 Northaven Dr, Memphis, TN 38127

  Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio or

  Monica Bynum Crye-Leike, Inc., REALTORS

  810 Northaven Dr, Memphis, TN 38127
• 

  

  

  /22

  $120,400

  • 3 Beds
  • 2.5 Baths
  • 1,876 Sq Ft

  3654 Haughton Ln Unit 2, Memphis, TN 38128

  Don't miss out on the hidden gem. 3 bedroom 2.5 bath Condo that has been pampered. New flooring thru out this spacious condo. It has a living room with a wet bar and a wood burning fire place. Separate dining area and also a den. Right off the kitchen is a bar counter top to sit and chill. Updated bathrooms. New windows. New paint and stairs. It has plenty of storage thru out with large closets

  Mark Logan Harris Realty Services

  3654 Haughton Ln Unit 2, Memphis, TN 38128
• 

  

  

  /3

  $140,000

  • 3 Beds
  • 1.5 Baths
  • 1,024 Sq Ft

  936 Olympic St, Memphis, TN 38107

  936 Olympic is a 3-bedroom, 1.1-bath home currently undergoing a full renovation. Once complete, the property will feature modern updates throughout along with washer and dryer connections for added convenience. This is a great opportunity for a buyer to secure a home while renovations are in progress and enjoy the finished result. More details to come as the remodel is completed.

  Tonja Pryor Assured Real Estate Services

  936 Olympic St, Memphis, TN 38107
• 

  

  /19

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,158 Sq Ft

  641 E Mckellar Ave, Memphis, TN 38106

  Home has been totally renovated , with re-finished hardwood floor , updated bathroom . Home has 3 br down and an extra room upstairs that could be study or game room.

  Trina Payne Performance, REALTORS

  641 E Mckellar Ave, Memphis, TN 38106
• 

  

  /4

  $150,000

  • Land
  • 0.24 Acre
  • $625,000 per Acre

  2180 Elvis Presley Blvd, Memphis, TN 38106

  This lot is offered with a lot of 1349 Eloise and 0 Mallory, vacant lots behind 2180 Elvis Presley. ALL TO BE SOLD TOGETHER.

  Sonja Hester Progressive Realty Services

  2180 Elvis Presley Blvd, Memphis, TN 38106
• 

  

  /15

  $174,900

  • 3 Beds
  • 2 Baths
  • 1,438 Sq Ft

  4506 Faronia Rd, Memphis, TN 38116

  Charming and move-in ready! This well-maintained 3-bedroom home features beautiful hardwood floors throughout, offering a warm and timeless feel in every room. Two major upgrades have already been taken care of for you — a new roof (2021) and new HVAC system (2021) — giving peace of mind and helping keep future maintenance costs low. Spacious layout, great natural light, and a convenient location

  Marija Tomic ResiAmerica, Inc.

  4506 Faronia Rd, Memphis, TN 38116
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  /2

  $198,000

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

  1054 Lagrange Ave, Memphis, TN 38107

  Welcome to 1054 Lagrange Ave, a spacious 4-bedroom, 2-bath home in a convenient Memphis location. The open living room is perfect for gatherings and flows seamlessly into the eat-in kitchen. This well-maintained home offers comfortable living with energy-efficient features throughout. Amenities include central air, climate control, heat, mirrors, vinyl floors, and window coverings. An excellent

  James Wachob Foundation Property Management

  1054 Lagrange Ave, Memphis, TN 38107
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  /28

  $200,000

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

  4567 Crump Rd, Memphis, TN 38141

  ***Back on the market 12/4/25 at no fault to seller or agent*** (Seller is offering $6500 towards appliances/upgrades or closing cost w/ full offer) This one level 3-bedroom, 2-full bath home is a must see! Featuring a massive living room adorned with vaulted ceilings, double ceiling fans, and an eye-catching floor to ceiling rock fireplace with a classic cast iron wood burning stove, hardwood

  Toyraine Smith Grand Point Realty, LLC

  4567 Crump Rd, Memphis, TN 38141
• 

  

  /15

  $137,000

  • 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
• 

  

  /10

  $128,000

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  5083 Carterville Place, Memphis, TN 38127

  Charming 3 bedroom 1 bath renovated home in Northaven, great for owner occupant or investor, Move-in ready! New roof in 2024. Freshly painted, new light fixtures, and check out the kitchen! This home qualifies for special 100% financing for owner occupant buyers so call Saprina Bowman to get details and if you need someone to show it to you. Owner has a home warranty that goes with home through

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5083 Carterville Place, Memphis, TN 38127
• 

  /2

  $139,500

  • 5 Beds
  • 2.5 Baths
  • 3,346 Sq Ft

  1443 S Parkway E, Memphis, TN 38106

  One owner home, a diamond in the rough, mostly hardwood flooring will need major rehab, over 3000 sq ft

  Howard Averyhart The Peyton Co., Inc., REALTORS

  1443 S Parkway E, Memphis, TN 38106
• 

  /2

  $199,000

  • Land
  • 0.42 Acre
  • $473,810 per Acre

  3545 Walnut Grove Rd, Memphis, TN 38111

  This is a great development opportunity or the chance to build your dream home. Great location, level lot with some trees. This is one of two lots that are available.

  Linda Sowell Sowell, Realtors

  3545 Walnut Grove Rd, Memphis, TN 38111
• 

  

  /15

  $110,000

  • 2 Beds
  • 1.5 Baths
  • 1,030 Sq Ft

  2080 Sharon Ln, Memphis, TN 38127

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property was currently rented for $1,135 but the current tenant is being evicted. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do

  Stephen Akindona Kairos Realty

  2080 Sharon Ln, Memphis, TN 38127
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  /2

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,503 Sq Ft

  4961 Boeingshire Dr, Memphis, TN 38116

  HEAVILY SOUGHT WHITEHAVEN HOME IN QUIET AREA. LAMINATED WOOD FLOORS AND TILE EVERYWHERE EXCEPT BEDROOMS. MASTER HAS ENSUITE. 2 CAR GARAGE/W/STORAGE RM. LIVING RM/DINING RM COMBO WITH COMFORTABLE DEN W/FIREPLACE. KITCHEN DISHWASHER PANTRY DISHWASHER, OPEN TO BREAKFAST ROOM. LARGE COVERED PATIO ON BACK. SEP LAUNDRY RM. EASY TO SHOW WITH FAST SALE AND POSSESSION. PERFECT FOR INVESTOR OR CONVENTIONAL

  Rowena Featherstone The Peyton Co., Inc., REALTORS

  4961 Boeingshire Dr, Memphis, TN 38116
• 

  

  /28

  $179,900

  • 1 Bed
  • 1.5 Baths
  • 1,239 Sq Ft

  485 S Front St Unit 201, Memphis, TN 38103

  WOW FABULOUS NEW PRICE on this awesome condo! Potential 2nd BR by enclosing office & adding closet if needed! Light filled & lg (1239 Sq ft) Condo located in wonderful South Main location! Fabulous Renovations include new quartz counters & porcelain tile back splash, new Kitchen flooring, new carpet & freshly painted interior! Refreshed bath with new tile shower surround! Sparkling clean unit

  Barbie Dan Ware Jones, REALTORS

  485 S Front St Unit 201, Memphis, TN 38103
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  /28

  $139,000

  • 2 Beds
  • 1.5 Baths
  • 1,088 Sq Ft

  5720 Quince Rd Unit 3, Memphis, TN 38119

  Wonderful decor! 2 bedrooms, both upstairs, 1 and a half baths. Stained concrete floors downstairs and engineered plank floors upstairs. Updates throughout. Kitchen cabinets have easy-close door and a pull-out pot drawer and under cabinet lighting. Baths are updated, too! Newer windows, including the sliding glass back door. Crown molding, ceiling fans, covered front porch and fenced patio for

  Mike Ward Crye-Leike, Inc., REALTORS

  5720 Quince Rd Unit 3, Memphis, TN 38119
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  /7

  $100,000

  • 4 Beds
  • 2 Baths
  • 1,798 Sq Ft

  2679 Woodlawn Terrace, Memphis, TN 38127

  Price correction! Awesome investment opportunity! This could be an excellent multifamily addition to your portfolio. Seller is open to seller finance with acceptable offer. Tenant occupied and professionally managed DUPLEX! Currently rented for $900/$550. Nice corner lot. Long time tenants. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment.

  William Haynes Crye-Leike, Inc., REALTORS

  2679 Woodlawn Terrace, Memphis, TN 38127
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  /8

  $190,000

  • 6 Beds
  • 4 Baths
  • 2,280 Sq Ft

  2525 Rozelle St, Memphis, TN 38114

  Calling all investors, let's talk cash flow!! Nicely updated duplex with 3 BR/1.5 BA units. Open floor plan with large living room/dining room combo &kitchen features updated luxury vinyl flooring ~ Updated kitchen has modern appeal & long lasting subway tile back splash ~ Nice sized bedrooms ~ At full occupancy this would easily exceed 1% rent ratio!

  Brittan Robbins Real Broker

  2525 Rozelle St, Memphis, TN 38114
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  /24

  $115,000

  • 1 Bed
  • 1 Bath
  • 848 Sq Ft

  1206 Bristol Dr Unit 202, Memphis, TN 38119

  Perfect 1BR/1BA Condo in Gated Community with a brand new Pool. This beautifully maintained 1 bedroom, 1 bathroom condo located in the gated Chatham Village, conveniently next to St. Francis Hospital. This community offers amenities including a pool, all while maintaining the privacy and security of HOA-managed living. Open living and dining area features wood laminate floors, creating a warm and

  Jeff Goff Keller Williams

  1206 Bristol Dr Unit 202, Memphis, TN 38119
• 

  

  /30

  $195,000

  • 5 Beds
  • 3 Baths
  • 2,408 Sq Ft

  2195 Carnes Ave, Memphis, TN 38114

  Fully renovated 5-bedroom, 3-bathroom home located on a spacious corner lot with plenty of room for everyone. The layout features separate living and dining rooms, a den, dedicated office, and laundry room, offering flexible space for work and daily living. Enjoy LVP flooring throughout, fresh interior paint, and a kitchen updated with granite countertops. Refrigerator stays. The home features

  Wei Zhai eXp Realty, LLC

  2195 Carnes Ave, Memphis, TN 38114
• 

  

  /27

  $195,000

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

  4400 Poplar Ave Unit 25, Memphis, TN 38117

  Welcome to The Marsonne ! First floor flat and gated community. Renovated kitchen with beautiful cabinets and white quartz countertops and stainless steel appliances. Hall bathroom has subway tile and was renovated in 2021. Spacious bedrooms with luxury vinyl planked flooring. The perfect East Memphis location in a gated community. Charming courtyard and pool. 1 assigned covered parking space and

  Andria Hamilton McWaters & Associates

  4400 Poplar Ave Unit 25, Memphis, TN 38117
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  /7

  $129,000

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

  4876 Cottonwood Rd, Memphis, TN 38118

  Back on Market - REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  4876 Cottonwood Rd, Memphis, TN 38118
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  /16

  $156,498

  • 2 Beds
  • 2 Baths
  • 1,386 Sq Ft

  4204 Hickory Grove Dr, Memphis, TN 38141

  An excellent opportunity for homeownership or expanding your investment portfolio! This well-maintained 2-bedroom, 2 full-bath end-unit townhome qualifies for 100% financing and down payment assistance programs (buyer to verify eligibility). Conveniently located near shopping, restaurants, and entertainment, this property offers versatility as a primary residence or investment. The main level

  Patricia Richmond-Young Coldwell Banker Collins-Maury

  4204 Hickory Grove Dr, Memphis, TN 38141
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  /14

  $159,500

  • 3 Beds
  • 1 Bath
  • 1,017 Sq Ft

  2922 Walker Ave, Memphis, TN 38111

  Charming 2 bedroom, 1 bathroom home featuring brand new flooring and fresh interior paint throughout. This move-in ready property offers a bright, refreshed feel and comfortable living spaces perfect for first-time buyers, downsizers, or investors. Owner/agent.

  Qazi Ahmad Renshaw Company, REALTORS

  2922 Walker Ave, Memphis, TN 38111
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  /25

  $139,999

  • 2 Beds
  • 2 Baths
  • 1,170 Sq Ft

  1960 N Parkway Unit 1110, Memphis, TN 38112

  modern and renovated corner unit in the famous Parkway House! If you were wondering what living in midtown is like than this home is the one! With a balcony that faces East you have a beautiful view that shows the sunrise over the exalting Rhodes College campus with a full view over the Memphis Zoo. The kitchen and bathrooms are full of quartz, modern tile, and complimented with beautiful

  James Hooker Tiger Realty

  1960 N Parkway Unit 1110, Memphis, TN 38112
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  /3

  $107,000

  • 3 Beds
  • 2 Baths
  • 1,172 Sq Ft

  2851 Carnes Ave, Memphis, TN 38114

  Investment Opportunity! Property being sold AS-IS. Home is associated with 4530 Beacon Hill as a portfolio package or can be purchase individually too.

  Bernard Evans 4 Success Realty, LLC

  2851 Carnes Ave, Memphis, TN 38114
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  /5

  $120,000

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

  944 Alice Ave, Memphis, TN 38106

  Charming home located in Memphis, TN, offering a welcoming atmosphere with its spacious living areas and abundant natural light. The property features 4 bedrooms and 2 bathrooms, providing ample space for all your needs. Enjoy the convenience of a well-appointed kitchen, a cozy living room, and a lovely backyard appropriate for outdoor activities. The home is situated in a friendly neighborhood

  Steven Koleno Beycome Brokerage Realty LLC

  944 Alice Ave, Memphis, TN 38106
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  /7

  $132,000

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

  4207 Hickory Grove Dr, Memphis, TN 38141

  Outstanding Investment Opportunity! This charming 2-bedroom, 2-bath brick home is currently leased for $1,150/month and is professionally managed. The lease will expire or renew on April 1, 2026, and the tenant has been in residence since April 2024, consistently making timely payments. The home boasts a spacious den with a cozy fireplace, a kitchen with a breakfast area, and a generous master

  Jeremy Veldman KAIZEN Realty, LLC

  4207 Hickory Grove Dr, Memphis, TN 38141
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  /9

  $169,500

  • 3 Beds
  • 2 Baths
  • 1,999 Sq Ft

  4947 Demeter Cove, Memphis, TN 38118

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900 Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/31/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4947 Demeter Cove, Memphis, TN 38118
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  /9

  $143,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,101 Sq Ft

  4372 Ryan St, Memphis, TN 38127

  Affordable living in an established neighborhood—this newly built home brings comfort, style, and value together in one inviting package. Offering 4 bedrooms and 2 full baths, this thoughtful layout is perfect for everyday living and room to grow. You’ll love the wood laminate flooring throughout, bringing a clean and polished look to every space. The modern kitchen features beautiful granite

  Tanika Bland BEST Real Estate Company

  4372 Ryan St, Memphis, TN 38127
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  /40

  $185,000

  • 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
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  /30

  $189,000

  • 3 Beds
  • 2 Baths
  • 2,915 Sq Ft

  1057 Whitehaven Ln, Memphis, TN 38116

  Spacious 3-bedroom, 2-bath two-story home situated on a massive lot. Built in 1938, this property showcases distinctive architectural details from its era, offering character you don’t find in modern construction. Ample shed and storage space provide excellent functionality. A solid opportunity for investors or buyers seeking a starter home with room to grow. Gorgeous sun room!

  Amanda Kirkman KAIZEN Realty, LLC

  1057 Whitehaven Ln, Memphis, TN 38116
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  /30

  $119,900

  • 3 Beds
  • 1.5 Baths
  • 1,238 Sq Ft

  3637 Neely Rd, Memphis, TN 38109

  Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom single-family home. Featuring gleaming hardwood floors throughout, this home offers both warmth and character. The large backyard provides ample space for outdoor activities and gatherings, making it perfect for entertaining. With generous living spaces, well-appointed bedrooms, and updated bathrooms, this home is a perfect blend of

  Alexis Martz Trelora Realty

  3637 Neely Rd, Memphis, TN 38109
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  /11

  $148,900

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

  5840 Hickory Shadow Ln, Memphis, TN 38141

  This home offers 3 bedrooms, 2 bathrooms, den w/ fireplace, breakfast, patio area to enjoy. This property would make a great home or investment property. Property is being sold "as is". Property needs some work. Mainly Punch and Painting.

  Benjamin Reed Reed & Associates of Tenn, LLC

  5840 Hickory Shadow Ln, Memphis, TN 38141
• 

  

  /14

  $139,900

  • 2 Beds
  • 1 Bath
  • 929 Sq Ft

  842 S Graham St, Memphis, TN 38111

  Quiet neighborhood. Beautiful wood work inside. Newly refinished hardwoods, interior and exterior paint. Nice deck overlooking the large fenced backyard. Great for relaxing.

  Les Jones Brookfield Properties, Inc.

  842 S Graham St, Memphis, TN 38111
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  /9

  $122,000

  • 3 Beds
  • 1.5 Baths
  • 1,317 Sq Ft

  3256 Denver St, Memphis, TN 38127

  INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $1,075/month through 2/7/2027. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

  James Wachob Foundation Property Management

  3256 Denver St, Memphis, TN 38127
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  /2

  $107,500

  • 3 Beds
  • 1 Bath
  • 1,390 Sq Ft

  1251 Lamar Ave, Memphis, TN 38104

  Make this home your project. Complete rehab needed. AS-IS

  Andre Pruitt TRG Real Estate Services, LLC

  1251 Lamar Ave, Memphis, TN 38104
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  /29

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,518 Sq Ft

  3095 Spring Hill Dr, Memphis, TN 38127

  Step inside this beautifully maintained 3-bedroom, 2-bath brick home offering 1,518 sq. ft. of inviting living space. The spacious living room features a classic brick, wood-burning fireplace and brand-new laminate flooring that flows into the hallway. The updated kitchen shines with modern finishes, and the refrigerator stays! Each bedroom offers generous closet space, giving you plenty of

  Donnie Morrow eXp Realty, LLC

  3095 Spring Hill Dr, Memphis, TN 38127

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