Memphis, TN Homes for Sale under $200,000

• 

  

  

  /8

  $188,000

  • Land
  • 0.23 Acre
  • $817,391 per Acre

  3511 Windgarden Cove, Memphis, TN 38125

  Rare opportunity!! This lot is located in a highly sought after gated golf course community, a perfect place to build your dream home! Walking distance to the 18th green and TPC clubhouse, It is just minutes away from shopping, dining, and schools.

  Tony Cai eXp Realty, LLC

  3511 Windgarden Cove, Memphis, TN 38125
• 

  

  

  /10

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,302 Sq Ft

  3680 Marion Ave, Memphis, TN 38111

  Investors or first-time home buyers dream all the hard work is done. Just need some trim paint and doors re-hung. Three bedrooms, two baths and laundry closet. New roof 2024, new Hvac 2025, new and refurbished floors 2025, new gas water heater 2025, new windows 2024, new gas stove still in box, new kitchen cabinets, bathrooms remodeled, backdoor and screen door new.

  Nancy Williams Weichert, REALTORS-BenchMark

  3680 Marion Ave, Memphis, TN 38111
• 

  

  

  /12

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1941 Clifton Ave, Memphis, TN 38127

  Built 1985, 3 bed 1 bath investment property. All tile floors, recently painted interior. new blinds.

  Justin Thorne HomePlace Real Estate

  1941 Clifton Ave, Memphis, TN 38127
• 

  

  

  /9

  $190,500 New Construction

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

  388 Bonnell Ave, Memphis, TN 38109

  Perfect investment opportunity! Tenant pays $1450 Home Features - Freshly painted throughout - LVP floors throughout - Bright and spacious living area - New and modern kitchen with white shaker cabinets and a Vent-A-hood - Central heat and air for cooling system - Large backyard for outdoor activities or for pets. - Conveniently located near The Links at Whitehaven Golf Course, Fairley

  Alexsia Carwell MidSouth Residential, LLC

  388 Bonnell Ave, Memphis, TN 38109
• 

  

  

  /23

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,737 Sq Ft

  4400 Poplar Ave Unit 38, Memphis, TN 38117

  Gated East Memphis Condo. Perfect Location Convenient to Shopping and Restaurants. Upstairs 3BR / 2 Bath Unit. Freshly painted throughout. New Carpet. Eat-In Kitchen. Massvie Living Room Overlooking Courtyard. Dining Room. Primary BR is EXLG W/ Dbl Closets. 1 Covered Parking Space. No Rentals Allowed

  Allyson Avera Crye-Leike, Inc., REALTORS

  4400 Poplar Ave Unit 38, Memphis, TN 38117
• 

  

  /16

  $157,000

  • 2 Beds
  • 1.5 Baths
  • 1,120 Sq Ft

  5866 Roxbury Dr Unit 5866, Memphis, TN 38119

  Beautifully remodeled 2-bedroom, 1.5-bath condo in the heart of East Memphis. This home features an updated kitchen, luxury vinyl plank flooring throughout, and updated bathrooms. Located in a gated community that offers both security and peace of mind, residents also enjoy access to a neighborhood pool—perfect for relaxing and connecting with neighbors. A comfortable, move-in-ready space you’ll

  Kristen Monserrat The Home Partners Realty

  5866 Roxbury Dr Unit 5866, Memphis, TN 38119
• 

  

  /18

  $144,900

  • 2 Beds
  • 1 Bath
  • 1,131 Sq Ft

  3579 Powell Ave, Memphis, TN 38122

  Furniture's are virtual staging to see potential. Roof only 4 years old, beautifully updated home in the heart of High Point Terrace! This charming 2-bedroom property features fresh interior paint, refinished floors, an updated kitchen and bath, and a spacious layout filled with natural light. Enjoy a large fenced backyard, perfect for pets or outdoor entertaining. Conveniently located just

  David Truong eXp Realty, LLC

  3579 Powell Ave, Memphis, TN 38122
• 

  

  /13

  $174,900

  • 3 Beds
  • 2 Baths
  • 1,193 Sq Ft

  4214 Meadow Valley Dr E, Memphis, TN 38141

  Tenant occupied. Valid lease until 1/28. Rented at $1,445 a month. This is a turnkey income producing rental that has recently been rehab. Pictures are after recent rehab.

  Joe King Marathon REALTORS, LLC

  4214 Meadow Valley Dr E, Memphis, TN 38141
• 

  

  /29

  $189,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  524 Mineral Rd, Memphis, TN 38120

  This one won't last long! Cute 3 bedroom, 1 bath home in the Richland Elementary district. A great starter home or investment property. Hardwood floors, updated cabinets and countertops. Gas cooking. Large laundry room. A huge fenced backyard with storage building. Schedule your showing today!

  Diane Peterson Keller Williams

  524 Mineral Rd, Memphis, TN 38120
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  /9

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  3082 Bluffdale St, Memphis, TN 38118

  Available now! Great home for homeowner or investor. Newly renovated. Spacious eat-in kitchen with dining room, separate living room, hardwood throughout, 2 car carport, large fenced-in backyard. Convenient location. House has just been freshly painted (Nov 2025) and cleaned and is move-in ready! Call today!

  Jeremy Veldman KAIZEN Realty, LLC

  3082 Bluffdale St, Memphis, TN 38118
• 

  

  /27

  $195,000

  • 1 Bath
  • 800+ Sq Ft

  505 Tennessee St Unit 407, Memphis, TN 38103

  Spacious Studio loft in the infamous Lofts at South Bluffs! Huge walk-in closet, bathroom with shower/soaking tub and plenty of room in the living space for bed, couch and soft seating. Engineered wood floors, over 12-foot ceilings with exposed brick wall on the south side of the condo, and thick timber support columns to accent the original finishes of the building from 1909. Originally Orgill

  Mike Parker The Firm

  505 Tennessee St Unit 407, Memphis, TN 38103
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  /3

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,392 Sq Ft

  2283 Cassie Ave, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1450.00- 4 BR 2 Bath home fully renovated, completed 1-15-2026. New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212254, 10212255. No owner

  Brett Bernard The Stamps Real Estate Company

  2283 Cassie Ave, Memphis, TN 38127
• 

  

  /13

  $165,000 New Construction

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

  3758 Longfellow Rd, Memphis, TN 38108

  RENTS MHA-$1700 per month! Beautiful 3 bed, 2 bath Brand New Construction! Comes with a 1 Year Builder Home Warranty. LVP flooring throughout, granite. Beautiful finishes and fixtures. Also, a Great Starter home! Please use Offer Information Sheet when writing your Offer. NOTE: No Owner Financing or Wholesalers. Pictures are of Model Home. This home is the exact same floor plan, square footage,

  Brett Bernard The Stamps Real Estate Company

  3758 Longfellow Rd, Memphis, TN 38108
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  /12

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  766 Buck St, Memphis, TN 38111

  Seize this excellent investment opportunity in the vibrant Normal Station neighborhood! This charming 3-bedroom, 1-bathroom home offers both immediate rental income and future potential. For the past 2 years, property has been leased for $1,350 per month, this property provides a reliable revenue stream. Its prime location ensures easy access to the University of Memphis, Botanical Gardens, and

  Brittany Denny The Firm

  766 Buck St, Memphis, TN 38111
• 

  

  /14

  $145,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4635 Monaco Rd, Memphis, TN 38117

  Terrific Colonial Acres opportunity! This lovely 3/1 home features adorable curb appeal, beautiful hardwood floors throughout, updated lights and fixtures, a terrific floor plan, a great back yard and so much more! The property was remodeled in 2024 and is being offered at a great price! Seller has multiple properties for sale: 4635 Monaco, 3540 Marion, 3588 Kearney, 3682 Kearney, 3689 Kearney

  William Haynes Crye-Leike, Inc., REALTORS

  4635 Monaco Rd, Memphis, TN 38117
• 

  

  /22

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,976 Sq Ft

  3179 Coleman Rd, Memphis, TN 38128

  LOCATION! just minutes to I40, this one has 2 car garage and covered parking for RV/camper, an additional out building in rear yard, 3 bedrooms, 2 baths, roof is 2 years old, fresh paint on exterior and interior, no carpet downstairs, hardwood, laminate, upstairs has huge 10x12 finished room. This home has over 1900 heated sq feet...Good bones, neutral interior color....Come make this one your

  Cari Dawson Hometown Realty

  3179 Coleman Rd, Memphis, TN 38128
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  /10

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,336 Sq Ft

  3144 Hopkins Ave, Memphis, TN 38112

  Welcome home to 3144 Hopkins Ave, a beautifully updated 3-bedroom, 2-bath gem in the heart of East Memphis! Step inside to find an inviting open-concept living and dining space filled with natural light, perfect for both relaxing and entertaining. The kitchen offers ample cabinetry, modern appliances, and a convenient breakfast bar. The spacious primary suite features a private full bath and

  Courtney Clark Keller Williams

  3144 Hopkins Ave, Memphis, TN 38112
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  /12

  $130,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4672 Given Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,200 with a lease expiration of 10/31/2026. No creative finance offers. No sign in yard. Property is 2 bedrooms, 1 bathroom, spacious living room that opens to dining area. Fully kitchen with stove, fridge dishwasher, washer and dryer. The primary

  Jon Dickens The Firm

  4672 Given Ave, Memphis, TN 38122
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  /9

  $109,900

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

  1640 Portland Ave, Memphis, TN 38127

  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

  1640 Portland Ave, Memphis, TN 38127
• 

  

  /18

  $165,000 New Construction

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

  828 Semmes St, Memphis, TN 38111

  One of two "Evening Rose Cottages" of the new Camellia Cottage development, which features a 3-bedroom 2-bath cottage. Available to low-to-moderate income first-time homebuyers. NO investors. One-year builder's home warranty offered. $25k downpayment assistance is available. Range/oven and dishwasher will be installed before closing.

  Tammy Coleman Legendary Realty

  828 Semmes St, Memphis, TN 38111
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  /2

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  4844 Newton Dr, Memphis, TN 38109

  Welcome to 4844 Newton, a solid 3 bedroom, 1 bath investment property with a long-term, reliable tenant already in place and wishing to remain after the sale. Currently rented at $1,150/month, this home delivers immediate cash flow with minimal interruption. A perfect fit for investors seeking stable income in a strong rental market. Serious inquiries only. Proof of funds required for all

  Jessica Wright Key Connect Group, LLC

  4844 Newton Dr, Memphis, TN 38109
• 

  

  /9

  $120,000

  • 4 Beds
  • 2 Baths
  • 1,410 Sq Ft

  2436 Whitney Ave, Memphis, TN 38127

  TURNKEY RENTAL! $1350 MO INCOME- 14% Annual ROI- 1-YEAR WARRANTY INCLUDED! Fully rehabbed inside and out, 4 bed 2 bath property features a new roof, updated electrical panel, fresh exterior paint, new flooring, modernized kitchen and bathrooms, plus new HVAC, furnace, and hot water heater. Please Note: Tenant-occupied – DO NOT DISTURB. Showings/inspections only with accepted offer. No wholesalers

  Brett Bernard The Stamps Real Estate Company

  2436 Whitney Ave, Memphis, TN 38127
• 

  

  /19

  $164,900

  • 4 Beds
  • 2 Baths
  • 1,493 Sq Ft

  4895 Given Ave, Memphis, TN 38122

  Cute house 4bd/2bath house with hardwood floors throughout most of the house and lots of space for a family! Home boasts a spacious living room for entertaining, eat-in kitchen with room for a family table and oversized primary bedroom with attached private bath. Home has been updated with new floors in kitchen, modern paint throughout the house & refreshed shared bath. Large fenced in backyard

  Brook Loper 901 Properties

  4895 Given Ave, Memphis, TN 38122
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  /29

  $145,000

  • 3 Beds
  • 2 Baths
  • 1,728 Sq Ft

  5064 Knight Arnold Rd, Memphis, TN 38118

  Check out this solid two story, 3 bedroom, 2 bath home that has been in the same family for over 50 years. This is not a flip, it is a true opportunity. The home has great bones and no major issues known, making it the perfect canvas to turn into your dream home. Enjoy a fully fenced yard and peace of mind with new windows installed just two years ago. If you have vision and want a home with

  Tina Andrade Fast Track Realty, LLC

  5064 Knight Arnold Rd, Memphis, TN 38118
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  /6

  $134,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4064 Reed Ave, Memphis, TN 38108

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  4064 Reed Ave, Memphis, TN 38108
• 

  

  /40

  $190,000

  • 4 Beds
  • 2 Baths
  • 2,146 Sq Ft

  4841 Olds Ave, Memphis, TN 38128

  Will not qualify for most loans. Selling as-is!! Good house for FHA 203K Rehab loan. No regular FHA, VA or conventional loans. Great opportunity for a wonderful family home or excellent rental home. Large home with formal living and dining room, eat in kitchen, den and 1 bedroom down plus 3 up with a 2 car carport and much more. Can be a beautiful home. Call Listing Agent for more info or to show.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  4841 Olds Ave, Memphis, TN 38128
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  /14

  $145,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  10 S Idlewild St Unit 2, Memphis, TN 38104

  Nestled within a prestigious Midtown gated community, this beautifully appointed one-bedroom, one-bathroom condo offers the perfect blend of comfort, style, and security. Ideal for those seeking a low-maintenance lifestyle, this residence provides a serene retreat with modern conveniences.The open-concept living space is bathed in natural light, featuring high ceilings, sleek hand-scraped

  David Fraser John Green & Co., REALTORS

  10 S Idlewild St Unit 2, Memphis, TN 38104
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  /15

  $174,900

  • 3 Beds
  • 2.5 Baths
  • 1,582 Sq Ft

  4999 Tradewind Terrace, Memphis, TN 38118

  Completely renovated and move-in ready, this beautifully updated 3 bedroom, 2.5 bathroom home offers the perfect blend of modern finishes, major system upgrades, and long-term value. With approximately 1,566 square feet of thoughtfully refreshed space, nearly every surface has been improved — including all new windows, new HVAC system, new flooring throughout, fresh interior and exterior paint,

  Will Morgan Marathon REALTORS, LLC

  4999 Tradewind Terrace, Memphis, TN 38118
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  /5

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,074 Sq Ft

  2505 Durham Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,259/month. The lease ends on 1/31/27. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2505 Durham Ave, Memphis, TN 38127
• 

  

  /19

  $199,000

  • 2 Beds
  • 2.5 Baths
  • 1,529 Sq Ft

  712 Walnut Woods Cove S, Cordova, TN 38018

  Discover this stunning 2-bedroom, 2.5-bathroom townhouse offering the perfect blend of style and maintenance-free living. The open-concept layout is bathed in natural light, featuring wood-engineered flooring and a modern, chic design. The heart of the home is the newly updated kitchen, boasting beautiful granite countertops, fresh paint, and refreshed cabinets—an elegant space for any home chef.

  Michael Jacques Reid, REALTORS

  712 Walnut Woods Cove S, Cordova, TN 38018
• 

  

  /26

  $184,900

  • 2 Beds
  • 1 Bath
  • 992 Sq Ft

  1105 Stratford Rd, Memphis, TN 38122

  Recently renovated doll house! Pulling up you will notice the freshly painted exterior with board and batten siding, and brand new roof! The Super cute interior is freshly painted and has 2 bedrooms, with spacious living and dining area with built in hutch, and gorgeous hardwood floors. The kitchen has subway tile, ample cabinets and counters and leads to the fenced back yard. Bathroom has

  Brenda Easter Dream Maker Realty, LLC

  1105 Stratford Rd, Memphis, TN 38122
• 

  

  /13

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,284 Sq Ft

  5140 N Circle Rd, Memphis, TN 38127

  Great recent rehab done a couple of years ago. Tenant occupied currently rented for $1095 a month until 3/26. Pictures are after rehab and before tenant. Great turn key rental with tenant already in place.

  Joe King Marathon REALTORS, LLC

  5140 N Circle Rd, Memphis, TN 38127
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  /29

  $162,000

  • 4 Beds
  • 2 Baths
  • 1,298 Sq Ft

  3858 Ajanders Dr, Memphis, TN 38127

  Welcome home! This charming 4-bedroom ranch offers comfort, space, and versatility--perfect for first-time buyers or anyone ready to settle in. Abundant natural light and brand-new windows throughout create a bright, welcoming atmosphere. The open floorplan is ideal for everyday living, with a spacious living room flowing seamlessly into the kitchen and adjoining dining nook, making it easy to

  Phil Hopewell Results MLS REALTORS

  3858 Ajanders Dr, Memphis, TN 38127
• 

  

  /19

  $139,000

  • 3 Beds
  • 2 Baths
  • 1,282 Sq Ft

  2967 Meadowfair Rd, Memphis, TN 38118

  Calling all renovators, investors and visionaries! This 3-bedroom, 2-bath home is packed with potential and ready for its next chapter. With solid bones, a functional layout it offers the perfect canvas to bring your design ideas to life. If you’re looking for a rewarding fixer-upper opportunity, this is the one. A little vision and TLC will go a long way!

  Samantha Ward Fast Track Realty, LLC

  2967 Meadowfair Rd, Memphis, TN 38118
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  /11

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,422 Sq Ft

  7440 Doncaster Ln, Memphis, TN 38125

  This property features three bedrooms, two full bathrooms, a two-car garage, and additional amenities. It presents an excellent opportunity for investors or owner-occupants seeking a quality fixer-upper. Please note: the property is will not go FHA or VA financing; cash or conventional financing only...Contract failed due to no fault of seller.

  David Anthony KAIZEN Realty, LLC

  7440 Doncaster Ln, Memphis, TN 38125
• 

  

  /22

  $134,950

  • 4 Beds
  • 2 Baths
  • 1,656 Sq Ft

  2763 Fizer Rd, Memphis, TN 38114

  REDUCED $10,000!! Large good looking home with 4 bedrooms and 2 full baths--2 bedrooms up and 2 bedrooms down. Living and dining room plus and eat in kitchen with an island! Central air and heat. Separate laundry room. Larger primary bedroom with a luxury bath and a walk in closet all on a HUGE lot! Big storage building with attached chicken coop! Priced to sell immediately! MOTIVATED SELLER!!!

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  2763 Fizer Rd, Memphis, TN 38114
• 

  

  /21

  $154,900

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

  3716 Dorado Ave, Memphis, TN 38128

  Don't miss this one!! This 4 bedroom and 2 bathroom home on one level is the one you have been waiting for!! The home includes new paint, tile flooring, stainless appliances, and a brand new HVAC system all for under $160k!!! Come check it out today!!

  Jamie Green River City Land Co., LLC

  3716 Dorado Ave, Memphis, TN 38128
• 

  

  /20

  $170,000

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

  3313 Earl Dr, Memphis, TN 38128

  Great Investment Opportunity in Raleigh! This all-brick, 3-bedroom, 1.5-bath home is a fantastic investment opportunity in a prime location! Situated near shopping centers, grocery stores, and just minutes from Nike and the newly developed Amazon Warehouse—a major addition to the area—this property offers both convenience and potential. Inside, you'll find original hardwood floors in the living

  Lesia Harris REMAX Experts

  3313 Earl Dr, Memphis, TN 38128
• 

  

  /23

  $179,000

  • 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
• 

  

  /12

  $108,000

  • 2 Beds
  • 1.5 Baths
  • 1,333 Sq Ft

  3725 Wax Myrtle Dr, Memphis, TN 38115

  Welcome to 3725 Wax Myrtle Dr., Memphis, TN. This 2-bedroom, 1.5-bath home offers comfort, convenience, and reliable long-term value ideal for both investors and homeowners. Inside, you’ll find a spacious living and dining area with great natural light, plus a functional kitchen with ample cabinet storage. Upstairs, two generously sized bedrooms provide comfortable living space, complemented by a

  James Wachob Foundation Property Management

  3725 Wax Myrtle Dr, Memphis, TN 38115

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