Memphis, TN Homes for Sale under $200,000

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  /6

  $100,000

  $5K PRICE DROP

  • 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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  /3

  $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

  $65,000

  $24K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  2034 Driftwood Ave, Memphis, TN 38127

  PRICE REDUCED!! Excellent investment opportunity (definitely satisfies the 1% rule for investors!) 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

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2034 Driftwood Ave, Memphis, TN 38127
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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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  /33

  $74,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  3317 Abbottsford Ave, Memphis, TN 38128

  This charming 1,026 sq. ft. ranch-style residence is situated in a well-established North Memphis community. Built in 1971, the home features a three-bedroom, one-bathroom floorplan. The interior layout includes a combination of hardwood flooring throughout the primary living areas and plush carpeting in all three bedrooms. A dedicated, 6x11 laundry room is positioned immediately off the dining

  LaQuita Jordan Trelora Realty

  3317 Abbottsford Ave, Memphis, TN 38128
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 808 Sq Ft

  3567 Daggett Rd, Memphis, TN 38109

  Looking for an affordable home or your next investment opportunity? This 3-bedroom, 1-bath home offers several recent updates, including fresh interior paint, a new roof (2023), water heater (2023), and new attic insulation for improved energy efficiency. Previously rented for $1,350 per month, this property has a proven rental history and strong income potential. The seller will install a new

  Lisa Hendrickson Groome & Co.

  3567 Daggett Rd, Memphis, TN 38109
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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

  Leased and cash flowing rental. This well-maintained property features easy maintenance with LVP flooring and some recent updates throughout, offering a functional layout and comfortable living spaces.

  Michael Valenza eXp Realty, LLC

  1443 Wrenwood St, Memphis, TN 38122
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  /27

  $135,000

  • 2 Beds
  • 1 Bath
  • 906 Sq Ft

  210 S Mclean Blvd Unit 8, Memphis, TN 38104

  Enjoy convenient Midtown living in this clean, move-in-ready 2-bedroom, 1-bath upstairs condo located in the heart of Memphis. The inviting open floor plan features beautiful hardwood floors throughout the living and dining areas, along with an updated kitchen. The gated community offers one covered parking space, interior common areas perfect for visiting with neighbors, and a beautiful

  Lauren Criswell Crye-Leike, Inc., REALTORS

  210 S Mclean Blvd Unit 8, Memphis, TN 38104
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  /21

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,303 Sq Ft

  823 Marianna St, Memphis, TN 38114

  Beautifully renovated 4 bedroom, 2 bath home, boasts new vinyl windows, new LVP flooring, brand new appliances, kitchen cabinets and countertops! New roof, new plumbing, electrical, central heat and air system and hot water tank make this home just like new! This home will qualify for 100% financing with no PMI. Plus, a government grant up to $6000. Please call today for more info!

  Brandon Ackerman Keller Williams

  823 Marianna St, Memphis, TN 38114
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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 CCIM Braden, Braden & Braden LLC

  3646 Democrat Rd, Memphis, TN 38118
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  /21

  $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.

  Carl Purifoy 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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  /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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  /13

  $117,900

  $1K PRICE DROP

  • 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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  /2

  $79,990

  • 2 Beds
  • 1.5 Baths
  • 1,293 Sq Ft

  3539 Barron Ave, Memphis, TN 38111

  Great chance to pick up an awesome rental in a neighborhood that is time-tested and proven to cashflow! Rented under market for $657 right now to a long-term tenant (in since 2015). Area market rent for this house is between $800-950. House has been professionally managed since Seller purchased it. Tenant is month-to-month currently. No showings until accepted contract. No seller-financing or

  Randall Weatherall Memphis Metro Realty

  3539 Barron Ave, Memphis, TN 38111
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  /23

  $110,000

  • 4 Beds
  • 1.5 Baths
  • 2,176 Sq Ft

  1817 Baldwin Ave, Memphis, TN 38127

  Whether you're looking to expand your investment portfolio or purchase your first home, this property is worth a look! This spacious 4-bedroom, 1.5-bath home is conveniently located just minutes from Millington and sits on a generously sized corner lot. Inside, you'll find neutral paint colors throughout, a large den, a separate living room, and a dedicated laundry room, offering plenty of space

  Verna Littleton Fast Track Realty, LLC

  1817 Baldwin Ave, Memphis, TN 38127
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  /11

  $85,000

  • 3 Beds
  • 1 Bath
  • 984 Sq Ft

  5350 Lochinvar Rd, Memphis, TN 38116

  Great property ready for rehab or renovation but can easily be lived in while doing. Featuring hardwood under carpet, living room, dining, 3 bedrooms. Make offers now.

  Marceline Williams LPT Realty, LLC

  5350 Lochinvar Rd, Memphis, TN 38116
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  /10

  $95,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  1510 Gausco Rd, Memphis, TN 38106

  *ROOF LESS THAN 2 YEARS OLD*, 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

  Jessie Lucas Niter & Associates

  1510 Gausco Rd, Memphis, TN 38106
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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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  /12

  $74,900

  • 3 Beds
  • 1 Bath
  • 831 Sq Ft

  1654 Ely St, Memphis, TN 38106

  Great opportunity for an investor or first-time homebuyer! This 3-bedroom, 1-bath home offers excellent potential with minimal work needed. The property is being sold AS-IS and was recently rented through the Section 8 Housing Choice Voucher Program for approximately $1,000 per month, making it an attractive option for investors seeking rental income. Whether you're looking to expand your rental

  Chris Mosby ResiAmerica, Inc.

  1654 Ely St, Memphis, TN 38106
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  /19

  $155,108

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 944 Sq Ft

  597 Buck St, Memphis, TN 38111

  Newly updated home wihin WALKING distance to the U of M campus! Great opportunity for an homebuyer or investor! Move-in ready 2BR+ office, 1BA, with NEW carpets throughout & Fresh paint in/out. New HVAC & windows in 2018. New 30-yr architectural style roof in 2015. Outside, you'll find a detached, wired one-car garage, providing extra storage, workspace, or parking. Priced at just $159,108, this

  Chris Meyer Crye-Leike, Inc., REALTORS

  597 Buck St, Memphis, TN 38111
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  /2

  $89,900

  • 3 Beds
  • 1 Bath
  • 696 Sq Ft

  3100 Travis Rd, Memphis, TN 38109

  Steven Strand Realty International, Inc.

  3100 Travis Rd, Memphis, TN 38109
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  /24

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,282 Sq Ft

  5246 Lochinvar Dr, Memphis, TN 38116

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  5246 Lochinvar Dr, Memphis, TN 38116
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  /10

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,577 Sq Ft

  244 N Bellevue Blvd, Memphis, TN 38105

  Tenant occupied. Please do not disturb tenant. Showings by appointment only. Contact listing agent for additional information, showing instructions, and lease details. Charming 1925 bungalow featuring 3 bedrooms, 1 bath, approximately 1,577 SF, original hardwood floors, built-in bookshelves, decorative fireplace, sunroom, and spacious living areas. Conveniently located near Midtown, Downtown,

  Palmer Gardner CrestCore Realty MphsBrokerage

  244 N Bellevue Blvd, Memphis, TN 38105
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  /2

  $158,900

  $16K 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
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  /19

  $94,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  3272 Egypt Central Rd, Memphis, TN 38128

  Charming 3-bedroom, 1-bath, with another non-conforming room, home in Memphis featuring a functional floor plan, spacious living area, covered parking, and a generously sized lot. Conveniently located near shopping, dining, schools, and major roadways.

  Carl Purifoy Trelora Realty

  3272 Egypt Central Rd, Memphis, TN 38128
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  680 Looney Ave, Memphis, TN 38107

  Vacant. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  680 Looney Ave, Memphis, TN 38107
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  /14

  $169,750

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,617 Sq Ft

  4580 Cottonwood Rd, Memphis, TN 38118

  Price Improvement! Completely updated home in Parkway Village ideal for an owner occupant or first-time home buyer. Will go Conventional, FHA or VA. With the recent updates like new flooring throughout, kitchen cabinetry and updated bath the new owner is moving into a low maintenance home. Versatile bonus room with closet to provide flexible options for variety of lifestyles. Could be used as a

  Andrew Akins CB Properties of Memphis, LLC

  4580 Cottonwood Rd, Memphis, TN 38118
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  /11

  $85,000

  • 3 Beds
  • 1 Bath
  • 774 Sq Ft

  1565 Havana St, Memphis, TN 38106

  This one is super cute and clean~~ 3 Bedroom 1 bath ~~New Laminate wood floors, fresh paint, updated kitchen and bath. Ready to move in! Great addition to your portfolio!.

  Scott Housewirth Crye-Leike Inc., REALTORS

  1565 Havana St, Memphis, TN 38106
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  /16

  $134,500

  • 3 Beds
  • 2 Baths
  • 1,517 Sq Ft

  814 N Merton St, Memphis, TN 38112

  Contract contingency View inside then deposit if continue. No wholesale, No Creative Financing, No seller financing, carry back or creative financing. Need Preapproval or Proof of fund before offers. For Investors ONLY. ALREADY LEASED FOR $1100 manage by Licensed Property Management with $100 a month of management fee. Low taxes and insurance. Updated some of the Virtual Staging for you to see

  David Truong eXp Realty, LLC

  814 N Merton St, Memphis, TN 38112
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  /10

  $123,099

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 868 Sq Ft

  185 Vernelle Ave, Memphis, TN 38109

  Turn-Key/Improved Pricing: Turnkey ready. Tenant occupied paying $1225. This fully renovated home delivers modern comfort and standout value from the moment you arrive. Inside, you’ll find an updated kitchen with fresh finishes, a remodeled bathroom, and brand-new LVP flooring that ties the space together with a clean, contemporary feel. The entire home (interior and exterior) has been painted,

  Victoria Brown 4 Success Realty, LLC

  185 Vernelle Ave, Memphis, TN 38109
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  /12

  $110,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,209 Sq Ft

  1167 Fiber Rd, Memphis, TN 38109

  Excellent investment opportunity featuring 4 bedrooms, 2 bathrooms, and approximately 1,209 sq ft of living space. This property offers strong rental potential with estimated monthly income ranging from $1,150–$1,275. A great option for investors looking to add cash-flow potential to their portfolio. Spacious layout, solid income opportunity, and long-term investment value make this property one

  James Johnson Crestcore Realty, LLC

  1167 Fiber Rd, Memphis, TN 38109
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  /28

  $102,000

  • 3 Beds
  • 1.5 Baths
  • 1,029 Sq Ft

  3996 Mountain Terrace St, Memphis, TN 38127

  This inviting home features 3 bedrooms, 1.5 bathrooms, and a 2-car attached carport with a functional layout designed for everyday living. The spacious living areas provide flexibility for relaxing, entertaining, or creating a home office or hobby space. With its practical floor plan and excellent potential, this home is ready for you to make it your own with a little TLC. More photos coming -

  Vicki Testerman Mainstay Brokerage, LLC

  3996 Mountain Terrace St, Memphis, TN 38127
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  /2

  $19,000

  $1K PRICE DROP

  • Land
  • 14,374 Sq Ft
  • $57,576 per Acre

  877 Whitney Ave, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  877 Whitney Ave, Memphis, TN 38127
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  /8

  $99,900

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,599 Sq Ft

  4178 Crain Rd, Memphis, TN 38128

  Great opportunity for investors or buyers. Split level home offers solid potential for renovation & future upside. Property is being sold as is. Proof of funds required with all offers. BUYER'S AGENT TO PAY A $200.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER.

  Courtney Read Vylla Home

  4178 Crain Rd, Memphis, TN 38128
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  /14

  $76,500

  • 2 Beds
  • 2 Baths
  • 1,232 Sq Ft

  1748 Kansas St, Memphis, TN 38109

  Terrific opportunity to own this duplex and the one next to it! Each side is 1 bedroom & 1 bathroom plus a den area (total of 2 bedrooms and 2bathrooms per duplex) plus seller is selling the duplex next door as well (1744-1746 Kansas). You can buy all four doors/dwellings for an outstanding price. Solid brick construction which means low maintenance exterior. Cash offers only. Estimated market

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1748 Kansas St, Memphis, TN 38109
• 

  

  /22

  $130,000

  • 2 Beds
  • 1 Bath
  • 1,326 Sq Ft

  1657 S Perkins Rd, Memphis, TN 38117

  FIXER UPPER-INVESTOR SPECIAL!! Repairs Needed... therefore priced accordingly. This 2 bedroom, 1 bath home also has a den with a brick fireplace, an eat-in kitchen and a living room open to a formal dining area. There is an attached single-car carport with a sizable storage room. This home sits on a large corner lot and is conveniently located in East Memphis...only minutes away from the

  Lisa Todd KAIZEN Realty, LLC

  1657 S Perkins Rd, Memphis, TN 38117
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  /17

  $199,500

  $11K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,089 Sq Ft

  4106 Faxon Ave, Memphis, TN 38122

  Welcome home to this beautifully updated 3-bedroom, 1-bathroom property! This move-in ready home offers a renovated kitchen with granite countertops and stainless steel appliances, along with an updated bathroom and spacious den perfect for relaxing or entertaining. Enjoy the outdoors with a large fenced backyard and an oversized detached garage featuring a workshop with water and

  Debbie Florendo eXp Realty, LLC

  4106 Faxon Ave, Memphis, TN 38122

Showing Results 441 - 480, Page 12 of 18