Memphis, TN Homes for Sale under $200,000

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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
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  /27

  $155,000

  $20K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 787 Sq Ft

  2195 Poplar Ave Unit 207, Memphis, TN 38104

  Stylish 1-bedroom, 1-bath second-floor flat directly across from Overton Park Golf Course. This modernized unit features an open floorplan with wood laminate floors, a spacious balcony, and abundant natural light. The kitchen boasts granite countertops, wood cabinetry, a breakfast bar, and stainless steel appliances including a new refrigerator. The bathroom includes a matching stone countertop

  Donnie Morrow eXp Realty, LLC

  2195 Poplar Ave Unit 207, Memphis, TN 38104
• 

  

  

  /19

  $187,000

  • 3 Beds
  • 2 Baths
  • 1,781 Sq Ft

  605 N Hollywood St, Memphis, TN 38112

  Adorable 1920's Bungalow! Come and take a look at this beautifully renovated home. New roof, new kitchen, new bath, new flooring, new lighting, new AC system. Fantastic open floorplan makes this historic home have the modern touch you're looking for. Primary suite has fully renovated en suite bathroom with large walk-in closet. Call now to set up your showing!

  LaJuana Miller KAIZEN Realty, LLC

  605 N Hollywood St, Memphis, TN 38112
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  /12

  $126,999

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1284 Merrycrest Dr, Memphis, TN 38111

  3 bedroom brick home in move in condition ready for its new owners. Conveniently located to freeway, places of worship and more. Large backyard.Appliances stay. Call your favorite real estate agent today for a private showing. Seller requests only pre approved buyers tour property. Seller says roof replaced 2020, Windows replaced 2021, Electrical 2024, A/C 2019. Move-in ready.

  Monica Mauricio REMAX Experts

  1284 Merrycrest Dr, Memphis, TN 38111
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  /9

  $79,900

  • 4 Beds
  • 1 Bath
  • 1,263 Sq Ft

  3608 Russelwood Dr, Memphis, TN 38128

  Investor special! This 4-bedroom home with a 1-car attached carport offers an opportunity for your next renovation project. Sold strictly as is, where is. Buyer is responsible for all repairs, inspections, permits, and any required improvements. Cash or hard-money only; no financed offers. Property will not qualify for conventional, FHA, or VA financing. Best suited for professional investors

  Adam Woodring Mainstay Brokerage, LLC

  3608 Russelwood Dr, Memphis, TN 38128
• 

  

  /20

  $159,900

  $40K PRICE DROP

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

  582 Watson St, Memphis, TN 38111

  This is a great investment opportunity. Was currently rented for $1,200 a month. It can be sold separately or as a package deal along with 3739 Spottswood. Please do not disturb the tenant. No showings without an accepted contract.

  Crystal Mitchell Renshaw Company, REALTORS

  582 Watson St, Memphis, TN 38111
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  /5

  $99,000

  $6K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,670 Sq Ft

  3382 Frayser School Dr, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,165/ month in rental income, with the current lease running through 01/31/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the

  James Wachob Foundation Property Management

  3382 Frayser School Dr, Memphis, TN 38127
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  /2

  $159,900

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,610 Sq Ft

  5151 Downs Dr, Memphis, TN 38135

  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

  5151 Downs Dr, Memphis, TN 38135
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  /15

  $110,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,318 Sq Ft

  1339 N Mcneil St, Memphis, TN 38108

  Beautifully updated 4-bedroom, 2-bath home in an established neighborhood featuring a versatile floor plan with one bedroom downstairs with a Jack-and-Jill bath, plus three bedrooms and bath upstairs. This move-in-ready home has over $60,000 in renovations, including a renovated kitchen, renovated upstairs bathroom and updated downstairs bathrooms, new roof, new central heating system, new water

  Pat Edwards-Sipp BenchMark REALTORS, LLC

  1339 N Mcneil St, Memphis, TN 38108
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  /2

  $10,000

  $8K PRICE DROP

  • Land
  • 8,276 Sq Ft
  • $52,632 per Acre

  1117 S Somerville St, Memphis, TN 38106

  Lachoya Thompson C21 Patterson & Assoc. Real Es

  1117 S Somerville St, Memphis, TN 38106
• 

  

  /40

  $175,000

  • 1 Bed
  • 1 Bath
  • 732 Sq Ft

  66 Monroe Ave Unit 601, Memphis, TN 38103

  Smashing condo w/sweeping unobstructed views of river, city & both bridges. Historic Shrine Building, unit is professionally designed & comes fully furnished. Tall ceilings, renovated kitchen & bath. Beautiful hardwood floors, large storage unit on the 9th floor. Building features a pool, work out gym & awesome roof top deck with knockout views. Parking is attached to the building so when you

  Richard Travers Crye-Leike, Inc., REALTORS

  66 Monroe Ave Unit 601, Memphis, TN 38103
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  /25

  $185,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,175 Sq Ft

  7750 Shadowland Dr, Memphis, TN 38125

  Welcome to 7750 Shadowland Dr., located in unincorporated Shelby County with NO city taxes! This move-in ready home features a desirable split floorplan, making it ideal for both homeowners and investors. Recent updates include luxury vinyl flooring throughout, fresh interior paint, new granite countertops, new stainless steel appliances, crisp white trim, and a fresh neutral color palette.

  Erica Martin Real Estate Agency

  7750 Shadowland Dr, Memphis, TN 38125
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  /26

  $60,000

  • 2 Beds
  • 1 Bath
  • 1,032 Sq Ft

  810 N 7th St, Memphis, TN 38107

  Great investment opportunity in Memphis’ Uptown area! This 2-bedroom, 1-bath home features a roof approximately 5 years old and a water heater approximately 3 years old. Surrounded by ongoing development and revitalization, the property offers excellent potential for investors looking to renovate, rent, or hold for future appreciation. Vacant and easy to show—schedule your showing today!

  Elliot Cerezo The Home Partners Realty

  810 N 7th St, Memphis, TN 38107
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  /15

  $99,900

  • 3 Beds
  • 1 Bath
  • 867 Sq Ft

  4498 Suncrest Dr, Memphis, TN 38127

  Contact 9018319661 for showings. Delivered vacant — set your own rent and select your own tenant, or move in yourself. Roof is less than 1 year old. HVAC and water heater are each estimated at approximately 5 years. No lease to inherit and no tenant to work around for renovations or turnover. One of six investment properties available from the same seller: 3133/35 Nathan Ave (38112), 3239 Nathan

  abdullah abunasrah eXp Realty, LLC

  4498 Suncrest Dr, Memphis, TN 38127
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  /2

  $12,500

  $8K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $178,571 per Acre

  998 J W Williams Ln, Memphis, TN 38105

  Residential lot near downtown. Great lot ready to build! Minutes from the newly renovated Tom Lee Park.

  Crystal Mitchell Renshaw Company, REALTORS

  998 J W Williams Ln, Memphis, TN 38105
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  /2

  $42,500

  $3K PRICE DROP

  • Land
  • 32,234 Sq Ft
  • $57,432 per Acre

  1971 Francisco St, Memphis, TN 38116

  Land available in the heart of Whitehaven! This .0.74-acre lot offers a great opportunity for new development. Whether you're looking to build a single-family home or explore other possibilities, this spacious parcel is ready for your vision. Drive by and take a look!

  Charlita Foulks Harris Realty Services

  1971 Francisco St, Memphis, TN 38116
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  /2

  $6,950

  • Land
  • 3,920 Sq Ft
  • $77,222 per Acre

  1414 Nicholas St, Memphis, TN 38107

  With affordable prices, prime location near downtown, and a neighborhood full of history + growth potential, this slice of heaven is the perfect spot to design your future from the ground up. pc# 039018 00024 Midtown is leveling up! A $310M project from Mississippi Boulevard Christian Church + Meharry Medical College is coming soon.

  Karen Walker Epique Realty

  1414 Nicholas St, Memphis, TN 38107
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  /14

  $89,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  1532 Silver St, Memphis, TN 38106

  Property has been vandalized. Cash or hard money only. Will need all systems replaced. Selling as-is

  Caleb Parr Renshaw Company, REALTORS

  1532 Silver St, Memphis, TN 38106
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  /30

  $119,900

  $20K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,725 Sq Ft

  3391 Seaforth Dr, Memphis, TN 38127

  Spacious 4 bedroom, 1-bath brick home in Memphis. Featuring over 1,800 sq ft of living space, this residence includes a functional kitchen, cozy fireplace, and a versatile layout with a separate dining room. Enjoy a large, fenced backyard with a patio and an attached 1-car garage. Conveniently located near local schools and amenities. Perfect for those needing extra space and flexibility!

  Thee Gaines Trelora Realty

  3391 Seaforth Dr, Memphis, TN 38127
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  /17

  $28,900

  $11K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,008 Sq Ft

  243 1st Ave, Memphis, TN 38109

  Property has lots of upside potential for investment either for rental or rehab & sell. Property is sold "as is" for cash. No financing offers will be accepted. No wholesalers, assignments or blind offers. Property is vacant and easy to show. Contact Broker Bay or listing agent for access information. Property has central heat, hardwood floors & walk-out basement.

  Lowell Brister Leco Realty, Inc.

  243 1st Ave, Memphis, TN 38109
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  /11

  $99,900

  • 4 Beds
  • 2 Baths
  • 1,260 Sq Ft

  2789 Alpena Ave, Memphis, TN 38127

  INVESTORS ONLY! Tenant occupied 4 bed 2 bath home being offered at a great price. Currently rented at $1075/mo. This could be a great addition to your rental portfolio. Home is professionally managed (lease, ledger, repair history available upon request). Make all offers contingent on interior access (no showings until an accepted offer). No sign in the yard. Please do not disturb or approach the

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2789 Alpena Ave, Memphis, TN 38127
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  /6

  $9,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  126 Lucy Ave, Memphis, TN 38106

  The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments. THIS IS LARGE MAJORITY BRICK HOME LOCATED ON THE END OF A COVED STREET. WITH SOME TLC THIS PROPERTY COULD BECOME A DIAMOND IN THE ROUGH.

  Juan Brooks Process Realty Services

  126 Lucy Ave, Memphis, TN 38106
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  /15

  $84,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,123 Sq Ft

  4530 Spring Valley Dr, Memphis, TN 38128

  Welcome to this move-in-ready 3-bedroom, 1-bathroom traditional ranch-style home in Memphis. Featuring a durable brick veneer exterior and 1,123 sq. ft. of efficient living space, this residence offers a perfect blend of comfort and utility. The interior boasts a mix of classic hardwood and durable tile flooring throughout. The property sits on a spacious 0.18-acre lot, providing a large backyard

  Thee Gaines Trelora Realty

  4530 Spring Valley Dr, Memphis, TN 38128
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  /2

  $20,000

  • Land
  • 11,325 Sq Ft
  • $76,923 per Acre

  944 Tully St, Memphis, TN 38107

  Residential lot in uptown near downtown. Great lot ready to build! Minutes from the newly renovated Tom Lee Park.

  Crystal Mitchell Renshaw Company, REALTORS

  944 Tully St, Memphis, TN 38107
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  /2

  $150,000

  • 4 Beds
  • 1.5 Baths
  • 1,445 Sq Ft

  3123 Danville Rd, Memphis, TN 38118

  3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round

  Caleb Parr Renshaw Company, REALTORS

  3123 Danville Rd, Memphis, TN 38118
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  /4

  $94,900

  • 3 Beds
  • 2 Baths
  • 1,103 Sq Ft

  4550 Spring Glen Dr, Memphis, TN 38128

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $835/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

  4550 Spring Glen Dr, Memphis, TN 38128
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  /3

  $54,900

  $8K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 849 Sq Ft

  5197 Flowering Peach Dr Unit T8, Memphis, TN 38115

  Enjoy comfortable, low-maintenance living in this 849-square-foot condo located in the convenient 38115 area of Memphis. This well-situated home offers a practical layout and is ideal for anyone looking for an affordable and conveniently located place to call home. The property is just minutes from grocery stores, gas stations, shopping, dining, and other everyday conveniences, making it easy to

  Leah Douglas-Wooten Progressive Realty Services

  5197 Flowering Peach Dr Unit T8, Memphis, TN 38115
• 

  

  /23

  $117,000

  • 3 Beds
  • 1 Bath
  • 1,310 Sq Ft

  4230 Cherrydale Ave, Memphis, TN 38111

  This 3-bedroom, 1-bath home offers plenty of potential. Whether you're a first-time homebuyer ready to make the move into homeownership or an investor looking to add another property to your portfolio, this property is worth a look.

  Jay McMiller Bespoke Realty

  4230 Cherrydale Ave, Memphis, TN 38111
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  /2

  $98,000

  • 2 Beds
  • 1 Bath
  • 886 Sq Ft

  2775 Windsor Pkwy, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,450 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over

  Harry Samuels Pinnacle Realty

  2775 Windsor Pkwy, Memphis, TN 38127
• 

  

  /19

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,480 Sq Ft

  4801 Northfield Cir, Memphis, TN 38128

  Spacious and beautifully maintained home located in the desirable Northfield neighborhood. This inviting property at 4801 Northfield Cir offers a functional layout with generous living spaces, abundant natural light, and thoughtful updates throughout. The kitchen features ample cabinetry and workspace, flowing seamlessly into the main living and dining areas—perfect for everyday living and

  Michael Nix eXp Realty, LLC

  4801 Northfield Cir, Memphis, TN 38128
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  /20

  $89,900

  $20K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,406 Sq Ft

  3700 Hyacinth Dr, Memphis, TN 38115

  Welcome to this well-maintained 2-bedroom, 2.5-bath townhouse offering 1,406 square feet of comfortable living space. Built in 1984, this two-story home features a spacious living room with a fireplace, an eat-in kitchen, and two generously sized bedrooms, each with access to a full bath. Enjoy a private patio, low-maintenance living, and a convenient Memphis location close to shopping, dining,

  Thee Gaines Trelora Realty

  3700 Hyacinth Dr, Memphis, TN 38115
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  /32

  $84,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,025 Sq Ft

  645 Parkrose Rd, Memphis, TN 38109

  Charming single-story home featuring 3 bedrooms and 1 full bath in an established Memphis neighborhood. This property offers a functional layout with an eat-in kitchen, spacious living area, attached carport, and a level lot with driveway parking. This property is being sold AS-IS.

  Carl Purifoy Trelora Realty

  645 Parkrose Rd, Memphis, TN 38109
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  /3

  $98,900

  $19K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 1,108 Sq Ft

  3533 Douglass Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is tenant occupied for $895/mo. 35k in rehab done to this property in the past year! Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have

  William Haynes Crye-Leike, Inc., REALTORS

  3533 Douglass Ave, Memphis, TN 38111
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  /27

  $185,000

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,119 Sq Ft

  4532 Janice Ave, Memphis, TN 38122

  Welcome to this beautifully updated home in the sought-after Berclair area! Featuring 3 bedrooms, 1 bath, 23x8 sunroom, a detached 2-car garage in as-is condition, and an additional 2-car carport, this property offers space, convenience, and charm. Inside, you’ll find hardwood floors in the living room and bedrooms, along with a renovated kitchen and bathroom showcasing new cabinets and quartz

  Donnie Morrow eXp Realty, LLC

  4532 Janice Ave, Memphis, TN 38122
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  /24

  $37,500

  • 4 Beds
  • 1.5 Baths
  • 2,304 Sq Ft

  1021 Chelsea Ave, Memphis, TN 38107

  Huge price drop! Time to let her go! 8 Bedroom Rooming house + extra attic area. Was 4br per listing, but now 8 br. Typical $500/mo per room = $52,000 per year max potential. Running for several years, but needs an overall refresh and TLC from a motivated owner! Ideal for investor seeking higher than normal returns. As a flip and resell, would need much work inside and out.

  Jonathan Minerick homecoin.com

  1021 Chelsea Ave, Memphis, TN 38107
• 

  

  /19

  $189,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,227 Sq Ft

  1343 Dearing Rd, Memphis, TN 38117

  OPEN HOUSE 1-3 p.m. SUNDAY AUGUST 2! Cute one level home with 3 bedrooms, separate living room / dining room plus a spacious den in a prime East Memphis location. Brand new hot water heater and fresh paint. Covered patio in the back with a storage building, plus washer, dryer and refrigerator.

  Olena Petrova Petrova Realty, LLC

  1343 Dearing Rd, Memphis, TN 38117
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  /8

  $95,000

  $25K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  4826 Leonard Rd, Memphis, TN 38109

  4 bedroom 1.5 Bath Home~~with No Maintenance exterior and Single carport~~ Central HVAC~~Luxury Vinyl Thru-out~~Being sold thru Auction Means only~~ 5% Buyer premium charged to buyer at closing.

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
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  /8

  $97,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 826 Sq Ft

  2119 Pendleton St, Memphis, TN 38114

  INVESTOR SPECIAL! Tenant-occupied and producing $865/month. Professionally managed. Fully renovated in 2022 with key mechanicals replaced, plus 2025 updates before current tenant move-in. Lease active until 8/31/26. Reports available. Showings only after accepted offer. No wholesale or creative terms.

  Jeremy Veldman KAIZEN Realty, LLC

  2119 Pendleton St, Memphis, TN 38114
• 

  

  /16

  $130,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,074 Sq Ft

  3067 Clarke Rd, Memphis, TN 38115

  Welcome to 3067 Clarke Rd! This spacious single-story home features 4 bedrooms, 2 full bathrooms, and over 2,000 sq ft of living space. Outside, enjoy a sprawling, level 0.39-acre lot with mature shade trees and a 2-car attached covered carport. Situated in Fox Meadows with convenient access to shopping, dining, and major highways, it's a fantastic investment or place to call home!

  Daniel Demers Sell Your Home Services, LLC

  3067 Clarke Rd, Memphis, TN 38115
• 

  /2

  $100,000

  $90K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,283 Sq Ft

  3000 Capri St, Memphis, TN 38118

  Cash flowing investment opportunity! Tenant in place at $1175/mo. Professionally managed. No showings without accepted offer. Drive by only

  Caleb Parr Renshaw Company, REALTORS

  3000 Capri St, Memphis, TN 38118

Showing Results 481 - 520, Page 13 of 18