Memphis, TN Homes for Sale under $200,000

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  /27

  $120,000

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

  858 Eyers Rd, Memphis, TN 38109

  RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  858 Eyers Rd, Memphis, TN 38109
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  /2

  $158,000

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

  4243 Sunnyslope Dr, Memphis, TN 38141

  PACKAGE SALE. Six properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3421 Adrick Rd, 4616 Blanding Dr, 4243 Sunnyslope, 2865 Danville Cv and 3763 Clearbrook St. All properties rented & occupied. Total purchase price is $845,000. Combined monthly rent collected $6502. Text or call listing agent for more details. Properties NOT being sold

  Brook Loper 901 Properties

  4243 Sunnyslope Dr, Memphis, TN 38141
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  /13

  $115,000

  • 3 Beds
  • 2.5 Baths
  • 1,723 Sq Ft

  3090 Taransay Rd Unit 20, Memphis, TN 38128

  Convenient location nestled within the established Scenic Hills Subdivision. Completely & Beautifully remodeled! New kitchen cabinets, new tile, new vanities, new carpet, new lighting, new thermostats, new appliances, new toilets, roof approximately 14 years old & air exchanger on the A/C unit - 4 years old! Gorgeous painted brick fireplace! 3 bedrooms up, including a huge master bedroom w/ it's

  Tracie Benetz Emmett Baird Realty, LLC

  3090 Taransay Rd Unit 20, Memphis, TN 38128
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  /2

  $119,900

  • 4 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  873 Norfleet Ave, Memphis, TN 38109

  Tenant occupied with valid lease until 5/31/26. Rented at $1,195 a month. Great turn key rental.

  Joe King Marathon REALTORS, LLC

  873 Norfleet Ave, Memphis, TN 38109
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  /10

  $155,000

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
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  /19

  $195,000

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

  3515 Wooddale Cove, Memphis, TN 38118

  Bang Nguyen REMAX Experts

  3515 Wooddale Cove, Memphis, TN 38118
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  /10

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,250 Sq Ft

  304 Harrell St, Memphis, TN 38112

  Completely Renovated Income Property in Binghampton! This 4 bedroom, 2 bath home is move-in ready and packed with opportunity. Whether you’re an investor looking for strong rental income or a buyer seeking a low maintenance home with long-term potential, this property delivers. Recently updated from top to bottom, the home features new flooring, fresh paint, modern fixtures, and updated systems

  Vernita Wilburn Crye-Leike, Inc., REALTORS

  304 Harrell St, Memphis, TN 38112
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  /19

  $179,500

  • 4 Beds
  • 2 Baths
  • 1,624 Sq Ft

  2830 Suesand Dr, Memphis, TN 38128

  Located in a highly desirable Raleigh area, this spacious 4-bed, 2-bath home offers exceptional potential for investors, renovators, or buyers looking to create their ideal living space. Set on a corner lot with a covered patio and mature surroundings, this property delivers a rare combination of size, layout, and opportunity. Inside, the home features a traditional floor plan with a living room,

  Ben Strauch Skyline Realty

  2830 Suesand Dr, Memphis, TN 38128
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  /2

  $136,000

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

  4616 Blanding Dr, Memphis, TN 38118

  PACKAGE SALE. Six properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3421 Adrick Rd, 4616 Blanding Dr, 4243 Sunnyslope, 2865 Danville Cv and 3763 Clearbrook St. All properties rented & occupied. Total purchase price is $845,000. Combined monthly rent collected $6502. Text or call listing agent for more details. Properties NOT being sold

  Brook Loper 901 Properties

  4616 Blanding Dr, Memphis, TN 38118
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  /19

  $199,000

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

  279 N Watkins St, Memphis, TN 38104

  Come see this adorable Midtown home in the Historic Evergreen District! Its charming architectural details, hardwood floors, tall ceilings, and abundant natural light make it a truly inviting home. The recent updates to the bathroom, roof, and water heater, add great value and peace of mind. Plus, its convenient location near Crosstown Concourse, restaurants, entertainment, Downtown, Medical

  Mary Wardlow TRG Real Estate Services, LLC

  279 N Watkins St, Memphis, TN 38104
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  /8

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,559 Sq Ft

  4628 Windward Dr, Memphis, TN 38109

  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.

  Alex Evans Reedy & Company, REALTORS

  4628 Windward Dr, Memphis, TN 38109
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  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,769 Sq Ft

  635 Mcwhirter Ave, Memphis, TN 38127

  TENANT OCCUPIED!!!! DO NOT DISTURB TENANTS!!!! All offers must be approved prior to any insspections. Offer instructions are in the documents.

  Henry Booth Omni, REALTORS

  635 Mcwhirter Ave, Memphis, TN 38127
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  /23

  $122,000

  • 3 Beds
  • 2 Baths
  • 1,351 Sq Ft

  3350 Hardin Ave, Memphis, TN 38122

  Wonderful 3 bedroom 2 bathroom brick home in 38122 area. Home is being offered at a great price with new interior paint! FHA/VA/ Conventional offers welcome! Home has a nice layout with big kitchen and rear den area. Could be a great primary residence or a nice long term investment property. This home qualifies for special 100% financing thru Pinnacle Bank. Seller is willing to help with closing

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3350 Hardin Ave, Memphis, TN 38122
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  /8

  $171,000

  • 4 Beds
  • 2 Baths
  • 1,759 Sq Ft

  1304 Carol Dr, Memphis, TN 38116

  Looking for the perfect starter home in a prime location? This charming 4-bedroom, 2-bath house in Whitehaven could be yours! Just minutes from Elvis's Graceland, it offers both convenience and a vibrant community. Imagine enjoying the neighborhood, with great schools, parks, and local amenities just around the corner. Whether you're starting a family or looking for a fresh start, this home has

  Kevin Woods Crye-Leike, Inc., REALTORS

  1304 Carol Dr, Memphis, TN 38116
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  /2

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,423 Sq Ft

  125 E Mckellar Ave, Memphis, TN 38109

  Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering

  Bridget Jordan Epique Realty

  125 E Mckellar Ave, Memphis, TN 38109
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  /12

  $129,900

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

  3191 Clarendon Rd, Memphis, TN 38118

  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 blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3191 Clarendon Rd, Memphis, TN 38118
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  /12

  $195,000 New Construction

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

  994 Seattle St, Memphis, TN 38114

  Beautiful 3 bed, 2.5 bath Brand New Construction in Cooper Young! Comes with a 1 Year Builder Warranty. Granite, modern fixtures, amenities and finishes. Photos will be updated upon completion.

  Brett Bernard The Stamps Real Estate Company

  994 Seattle St, Memphis, TN 38114
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  /2

  $119,900

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

  2982 Shannon Ave, Memphis, TN 38108

  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. As-Is. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2982 Shannon Ave, Memphis, TN 38108
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  /13

  $154,000

  • 7 Beds
  • 8 Baths
  • 2,000 Sq Ft

  1497 Titus Rd, Memphis, TN 38111

  OPPORTUNITY KNOCKS! INVESTOR SPECIAL.... This home currently has 7 Bedrooms and 8 Bathrooms, an In-Ground Pool 16x35!! This would make a Great Air Bnb or short-term Rental Opportunity Game Room, Separate Den, Dining Room, and Kitchen with an island. This home needs to be converted into a 2000 square ft 4 bedroom 3 bathroom. Don't miss out! The Property Next Door is also for Sale! Make your

  Jennifer Clark KAIZEN Realty, LLC

  1497 Titus Rd, Memphis, TN 38111
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  /2

  $180,000

  • 3 Beds
  • 2,225 Sq Ft

  2369 Lamar Ave, Memphis, TN 38114

  Discover a proven cash-flowing triplex at 2369 Lamar Ave, featuring three 1-bed, 1-bath units with past rents of $500, $550, and $600. This property has been one of the seller’s consistent cash cows, delivering steady returns in a high-demand rental corridor. With strong rental history, simple upkeep, and solid tenant appeal, this is the perfect addition to any buy-and-hold portfolio. Serious

  Jessica Wright Key Connect Group, LLC

  2369 Lamar Ave, Memphis, TN 38114
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  /30

  $200,000

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  648 Riverside Dr Unit 309, Memphis, TN 38103

  New Price! Riverside 648 is one of the coolest condos in downtown Memphis, located at the top of Riverside Drive across from River Tower and walkable down into Tom Lee Park. The rooftop views are amazing with two gas grills and plenty of seating, and you can see all downtown Memphis as well as both bridges along the river. There's also a kitchen with a full bath on the roof as well. This one

  Jennifer & Joel Hobson Hobson, REALTORS

  648 Riverside Dr Unit 309, Memphis, TN 38103
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  /2

  $100,000

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

  671 McDavitt Place, Memphis, TN 38107

  Vacant. Located in Uptown. 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

  671 McDavitt Place, Memphis, TN 38107
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  /7

  $111,000

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

  5423 Breckenwood Dr, Memphis, TN 38127

  Property is Tenant Occupied. ***DO NOT DISTURB TENANT*** Make all offers contingent upon inspections. Fantastic property to add to your portfolio! Property is income producing. Section 8 tenant, $1205 monthly rent. No wholesalers and no Assignment Buyers will be accepted.

  LaJuana Miller KAIZEN Realty, LLC

  5423 Breckenwood Dr, Memphis, TN 38127
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  /25

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,253 Sq Ft

  3306 Macon Rd, Memphis, TN 38122

  Welcome to this beautifully updated 3-bedroom, 2-bathroom property combines comfort and style throughout. Enjoy new flooring, an updated kitchen and bathrooms, and a bonus room that adds extra flexibility for your lifestyle needs. The spacious backyard is perfect for entertaining, gardening, or relaxing outdoors. Don’t miss your chance to make this move-in-ready home yours! Schedule your showing

  Jonathan Nunez Fast Track Realty, LLC

  3306 Macon Rd, Memphis, TN 38122
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  /30

  $139,000

  • 2 Beds
  • 2 Baths
  • 800+ Sq Ft

  6784 Quail Hollow Ct Unit 2, Memphis, TN 38120

  East Memphis Whispering Oaks Condo. 2 bedroom,2 bath upstairs unit. Ample size living room and dining room combination. Refrigerator, stove, washer, dryer included. Neighborhood swimming pool. Ideal location near restaurants, shopping, and the new Standard being built around the corner with more restaurants and shopping. Freshly painted and 2 year old HVAC. Easy to show.

  Harry Samuels Pinnacle Realty

  6784 Quail Hollow Ct Unit 2, Memphis, TN 38120
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  /16

  $157,500

  • 3 Beds
  • 1.5 Baths
  • 1,265 Sq Ft

  1809 Cherry Rd, Memphis, TN 38117

  Come see this beautiful move-in ready home! Freshly painted interior and big back yard. Perfect for a family to move right in!

  Frank Colvett REMAX Experts

  1809 Cherry Rd, Memphis, TN 38117
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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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  /8

  $137,000

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

  3298 Spottswood Ave, Memphis, TN 38111

  This delightful, recently renovated 2-bedroom, 1-bathroom home features modern amenities and stylish finishes, making it ideal for comfortable living. Near the University of Memphis, offering convenience. New roof, updated kitchen/bathroom, and beautiful hardwood floors. Spacious backyard, ideal for gatherings. Prime location, this property is perfect for first-time buyers or investors seeking

  Crystal Mitchell Renshaw Company, REALTORS

  3298 Spottswood Ave, Memphis, TN 38111
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  /16

  $130,900

  • 3 Beds
  • 1 Bath
  • 1,607 Sq Ft

  1033 Forrest Ave, Memphis, TN 38105

  LOOKING FOR A SPACIOUS HOME IN THE MIDTOWN/CROSSTOWN AREA THEN COULD BE THE HOME YOU ARE LOOKING FOR. WITH SOME TLC AND SOME IMAGINATION THIS HOUSE COULD BECOME YOUR HOME. THIS HOME IS 5 MINUTES FROM DOWNTOWN AND MINUTES AWAT FROM CROSSTOWN. THE STREET IS A QUIET STREET WITH GOOD CURB APPEAL. THIS HOME IS SOLD AS-IS WHERE IS. CONTACT AGENT FOR AVAILABILTY OF PROPERTY.

  Juan Brooks Process Realty Services

  1033 Forrest Ave, Memphis, TN 38105
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  /2

  $121,000

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

  4759 Allrand Rd, Memphis, TN 38118

  For Investors Only! Great addition to your rental portfolio! This property is tenant-occupied and generating $975/month in rental income with a lease secured through September 30, 2027. Recent updates completed in 2019—roof, HVAC, and water heater were all replaced prior to tenant move-in. Long-term stability with no vacancies in sight. Please note: no wholesalers or creative financing. Showings

  Thomas Zettergren Premier Realty Group, LLC

  4759 Allrand Rd, Memphis, TN 38118
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  /2

  $124,500

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

  2279 Pueblo Ave, Memphis, TN 38127

  Investment opportunity. Brick 3 bed/1bath, tenant occupied home. The property is professionally managed and well kept. Do not approach or disturb the tenant. No showings without an accepted offer. Current rent $1346/month 100% MHA. Next rent renewal is December 2025.

  William Haynes Crye-Leike, Inc., REALTORS

  2279 Pueblo Ave, Memphis, TN 38127
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  /12

  $158,500

  • 3 Beds
  • 2 Baths
  • 1,641 Sq Ft

  3333 Farmville Rd, Memphis, TN 38122

  Fully renovated 3BR/2BA home in growing 38122! Features updated kitchen, baths, flooring, paint, and newer roof/HVAC. Spacious layout with fenced yard and off-street parking. Previously rented for $1,600/month—ideal for investors or owner-occupants. Surrounded by other quality rehabs and convenient to shopping, schools, and major roads. Turnkey and move-in ready!

  Jonathan Minerick homecoin.com

  3333 Farmville Rd, Memphis, TN 38122
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  /4

  $150,000

  • Land
  • 0.54 Acre
  • $277,778 per Acre

  4140 E Shelby Dr, Memphis, TN 38118

  Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  4140 E Shelby Dr, Memphis, TN 38118
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  /11

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,275 Sq Ft

  170 S Greer St, Memphis, TN 38111

  Great Investor Opportunity in Chickasaw Gardens area.

  Elizabeth Hendricks Groome & Co.

  170 S Greer St, Memphis, TN 38111
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  /20

  $162,000

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

  2869 Dumbarton Oaks Dr, Memphis, TN 38127

  Enjoy lake living in a peaceful community where you can fish or boat daily. This home has been completely renovated and features a modern kitchen with stone countertops. Marble finish tile gives an elegant and modern look to the space. There are two living spaces, allowing flexibility for using this home to accommodate your needs. The bathrooms have been handsomely renovated and this home is like

  Meleah Thurmond-Edwards KAIZEN Realty, LLC

  2869 Dumbarton Oaks Dr, Memphis, TN 38127
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  /30

  $159,999

  • 2 Beds
  • 2 Baths
  • 1,129 Sq Ft

  809 Merrywood Dr Unit 4, Memphis, TN 38117

  Move-In Ready with Unmatched Value in Audubon Square! Step into this light-filled 2-bedroom, 2-bath upstairs condo in the highly desirable Audubon Square community. The open-concept layout creates a welcoming flow from the living and dining areas to a private balcony — a perfect spot to unwind or entertain. The spacious primary suite offers a double-door entry, two generous closets, and a private

  Zachary Churchey Churchey Realty

  809 Merrywood Dr Unit 4, Memphis, TN 38117
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  /2

  $189,900

  • 6 Beds
  • 4 Baths
  • 2,050 Sq Ft

  1277 Smith Ave, Memphis, TN 38107

  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. There are 2 duplexes in one lot/parcel. 1275/1277 Smith and 1281/1283 Smith. 1277 Smith - $500 rent / month to month lease 1275 Smith - Vacant 1281 Smith - $650 rent / month

  Dean Harris CrestCore Realty MphsBrokerage

  1277 Smith Ave, Memphis, TN 38107
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  /5

  $179,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,108 Sq Ft

  1249 Marksman St, Memphis, TN 38106

  Step inside and discover the perfect blend of style, comfort, and opportunity with this stunning new build by Premium Enterprise. Currently under construction, this home has a modern open concept design 3 bedrooms and 2 full baths. Qualified buyers can take advantage of 100% financing options, along with multiple down payment assistance programs that can be combined for an even smoother path to

  Kenya Harrison Infinity Group REALTORS, Inc.

  1249 Marksman St, Memphis, TN 38106
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  /30

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,114 Sq Ft

  1380 Gill Ave, Memphis, TN 38106

  Perfect for Investors and First Time Buyers! This home is located minutes from expressway, Stax Museum, LeMoyne Owen College, Graceland , Midtown and Downtown! This home is also walking distance to Hamilton High School and Hamilton K-8 school! The home has been totally renovated and is ready to rent or move in! Fresh paint inside and out, new flooring, new water tank, renovated bathrooms and

  Verna Littleton Fast Track Realty, LLC

  1380 Gill Ave, Memphis, TN 38106
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  /17

  $115,000

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

  3441 Piney Woods Ave, Memphis, TN 38118

  MOVE-IN READY for your picky buyers! New Roof, Beautiful Renovated 3BR brick home. Renovated Kitchen with beautiful back-splash, breakfast bar, refrigerator and stove stays. Updated bathroom, laundry room addition, fresh paint and new flooring throughout, new lighting fixtures and ceiling fans throughout. Central Heat and Air with 1 additional mini-split unit for extra heating and cooling.

  Nikiya Copney BEST Real Estate Company

  3441 Piney Woods Ave, Memphis, TN 38118

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