Memphis, TN Homes for Sale under $200,000

• 

  

  

  /40

  $104,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,186 Sq Ft

  3845 Tessland Rd, Memphis, TN 38128

  Raleigh Brick Ranch! 3BR/2BA move-in ready home featuring ~1,200 sq. ft. of clean, functional living space. Highlights include a spacious eat-in kitchen, central HVAC, and a level, fully fenced backyard. Prime location near schools and easy highway access. No HOA—perfect for homeowners or investors!

  Tiffany Jones Trelora Realty

  3845 Tessland Rd, Memphis, TN 38128
• 

  

  

  /13

  $144,900

  • 3 Beds
  • 2.5 Baths
  • 1,574 Sq Ft

  443 N Highland St Unit 2, Memphis, TN 38122

  Discover a great opportunity in East Memphis. This 3 bedroom, 2.5 bath unit at 443 Highland St Apt 2 is being sold as-is and is ready for your updates and personal touch. Located within 10 minutes from the Liberty Bowl, U of M, and Cooper-Young, this property offers unbeatable convenience. Perfect for anyone looking to add instant equity. Don’t miss it!

  Joshua Moss KAIZEN Realty, LLC

  443 N Highland St Unit 2, Memphis, TN 38122
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  /4

  $185,000

  $35K PRICE DROP

  • Land
  • 39,639 Sq Ft
  • $203,297 per Acre

  7999 Club Center Dr, Memphis, TN 38016

  Prime Commercial Lot in High-Traffic Cordova Location! Excellent opportunity to own a high-visibility commercial lot in the heart of Cordova! This prime piece of real estate is perfectly situated across the street from a bustling retail shopping center, Cordova Skating Center, Cordova Bowling Center, and Raleigh Tire Auto Service—ensuring maximum exposure and foot traffic for your future

  Audrey Davis REMAX Experts

  7999 Club Center Dr, Memphis, TN 38016
• 

  

  /2

  $190,000

  $24K PRICE DROP

  • Land
  • 21.4 Acres
  • $8,879 per Acre

  0 Western Park Dr Unit 4, Memphis, TN 38109

  21.4 acres for sale. Time to build your next community or get permission to change the land to commercial from the city. The opportunity for this land is unbelievable.

  Andre Pruitt TRG Real Estate Services LLC

  0 Western Park Dr Unit 4, Memphis, TN 38109
• 

  

  

  /27

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,693 Sq Ft

  4400 Poplar Ave Unit 28, Memphis, TN 38117

  Welcome to The Marsonne! This second-floor flat is located in a gated East Memphis community and features 3 bedrooms and 2 baths in one of the largest condo floor plans available. The spacious layout offers comfortable living and overlooks the beautifully maintained courtyard and community pool. Enjoy the convenience of 1 assigned covered parking space plus ample guest parking. Recent updates

  Joyce McKenzie Crye-Leike, Inc., REALTORS

  4400 Poplar Ave Unit 28, Memphis, TN 38117
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  /2

  $186,500

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,199 Sq Ft

  1744 Dearing Rd, Memphis, TN 38117

  Great Investment Opportunity - Immediate Income! No yard sign ~ Please do not disturb the tenants. This home blends classic charm with modern updates. This property has a living room and a bonus family room. The primary bedroom is a nice retreat, and the two additional bedrooms provide versatility for guests, home office, or a personal gym. Enjoy outdoor living in the spacious backyard, where the

  Dawn Kinard Welch Realty, LLC

  1744 Dearing Rd, Memphis, TN 38117
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  /11

  $118,000

  $12K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,481 Sq Ft

  556 Melton Ave, Memphis, TN 38109

  Welcome to 556 Melton Avenue, a spacious 4-bedroom, 1.5-bath home offering comfort and functionality. The property features hardwood and tile flooring throughout, central heat and air with climate control, and window coverings. The kitchen includes a vent hood with space for appliances, and the home also offers a fenced yard for outdoor enjoyment. Don’t miss out! TENANTED PROPERTY: DO NOT

  James Wachob Foundation Property Management

  556 Melton Ave, Memphis, TN 38109
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  /28

  $159,900

  • 2 Beds
  • 2 Baths
  • 1,067 Sq Ft

  2277 Union Ave Unit 502, Memphis, TN 38104

  Fully Renovated! Move-In Ready! Beautiful Granite Counter Tops and Maple Kraftmaid Cabinets. Tile and Slate Floors in the Kitchen and Bathrooms. GE Profile Appliances, Refrigerator Included. Luxurious Deluxe Showers! New Wood Floors in the Bedrooms and Living Room/Dining Room, 2019. New Vertical Blinds with Blackout Feature, 2023. Building Features a Pool, Party Room w/ Kitchen, Laundry Room and

  John Paul Privette River Realty, LLC

  2277 Union Ave Unit 502, Memphis, TN 38104
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  /15

  $185,000

  • 2 Beds
  • 2 Baths
  • 2,132 Sq Ft

  2061 Vollintine Ave, Memphis, TN 38107

  CHARMING 2BR/2BATH VECA-MARKED HOME. WALKING DISTANCE TO RHODES COLLEGE, OVERTON PARK, MEMPHIS ZOO, AND BROAD AVENUE COMMERCIAL DISTRICT, THIS HOME IS PERFECT FOR YOU. RECENT UPDATES TO THE ELECTRICAL, PLUMBING, and OUTDOOR DECK, MAKES THIS HOME EVEN MORE ATTRACTIVE. IDEAL HOME FOR THE RETIREE OR WORKING PROFESSIONAL. HOME PRICED TO SALE AS-IS.

  Todd Harris Metropolis Real Estate Service

  2061 Vollintine Ave, Memphis, TN 38107
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  /32

  $174,900

  • 2 Beds
  • 2.5 Baths
  • 1,394 Sq Ft

  1609 Red Barn Dr, Cordova, TN 38016

  Charming 2BR, 2.5BA townhome in the Country Hills community. This well-maintained home features a spacious 23x12 living room, separate dining area, and a functional kitchen. The primary suite offers generous 15x12 dimensions, complemented by a comfortable second bedroom. Enjoy a low-maintenance slab foundation, brick veneer exterior, and a front-load garage. Mandatory HOA includes access to two

  Alexis Martz Trelora Realty

  1609 Red Barn Dr, Cordova, TN 38016
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  /38

  $200,000

  • 1 Bed
  • 1 Bath
  • 956 Sq Ft

  408 S Front St Unit 507, Memphis, TN 38103

  Welcome to the sought after Paperworks Building in the heart of South Main! This adorable efficiency condo blends industrial charm with modern comfort, featuring exposed brick, concrete floors, and soaring concrete ceilings. The open living space offers a “room with a view,” showcasing the stunning downtown skyline right from your window. A cozy yet open floor plan while the flexible screen

  Amanda Lott BHHS McLemore & Co., Realty

  408 S Front St Unit 507, Memphis, TN 38103
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  /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
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  /22

  $180,000

  $5K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 1,853 Sq Ft

  936 Porter St, Memphis, TN 38126

  PRICE IMPROVEMENT! Excellent opportunity at 936 Porter St! This spacious 5-bedroom, 3-bath home offers generous square footage and a flexible layout, making it a strong value-add opportunity for investors or owner-occupants ready to renovate and build equity. Location, location, location, this property offers convenient access to downtown, major roadways, schools, shopping, and entertainment. Its

  Sherry Cole John Green & Co., REALTORS

  936 Porter St, Memphis, TN 38126
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  /5

  $195,000

  • 3 Beds
  • 1 Bath
  • 968 Sq Ft

  4960 Verne Rd, Memphis, TN 38117

  This 1-story home features 3 bedrooms, 1 bathroom, and a 1-car attached carport with a functional layout and plenty of potential. The property offers an opportunity for renovation, updating, or customization to make it your own. Spacious yard with room to enjoy outdoor living or future improvements. Property is being sold as is.

  Rochele Minerd Mainstay Brokerage, LLC

  4960 Verne Rd, Memphis, TN 38117
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  /27

  $149,000

  • 1 Bed
  • 1 Bath
  • 848 Sq Ft

  245 Madison Ave Unit 705, Memphis, TN 38103

  Top floor unit in a great downtown location. Walk to restaurants and local attractions. Bare concrete floors, exposed brick walls, high ceilings, and lots of light from large East facing windows. Laundry in unit, large walk in closet, and open floorplan. Does not qualify for FHA financing, investors welcome.

  Linda Sowell Sowell, Realtors

  245 Madison Ave Unit 705, Memphis, TN 38103
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  /31

  $199,500

  • 3 Beds
  • 1 Bath
  • 1,290 Sq Ft

  1985 Manila Ave, Memphis, TN 38114

  Built in 1917 and brilliantly updated, this 3 bed, 1 bath bungalow in the heart of Cooper-Young blends vintage charm with fresh, modern style. The brand-new kitchen and bathroom are total showstoppers—think clean lines, stylish finishes, and functionality that just works. Original details like tall baseboards and chunky trim nod to the home’s history, while newer windows and roof add peace of

  Alli Echlin Bluff City Realty Group, LLC

  1985 Manila Ave, Memphis, TN 38114
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  /3

  $130,000

  $10K PRICE DROP

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

  936 Olympic St, Memphis, TN 38107

  936 Olympic is a beautifully renovated 3-bedroom, 1.1-bath home that’s move-in ready for its next owner! This home features hardwood floors throughout and modern updates, including granite countertops and a functional layout perfect for everyday living. The primary bedroom includes a convenient half bath with washer and dryer connections, adding extra comfort and practicality. This property is

  Tonja Pryor Assured Real Estate Services

  936 Olympic St, Memphis, TN 38107
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  /19

  $119,900

  $15K PRICE DROP

  • 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
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  /4

  $150,000

  • Land
  • 10,454 Sq Ft
  • $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
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  /2

  $169,900

  $20K PRICE DROP

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

  2275 Jackson Ave, Memphis, TN 38112

  This is an As Is Sale Wood Floors 2 Car Detached Garage Home in need of cosmetic repairs Great oppurtunity to flip home

  Frank Pereira Jennae Realty, Inc.

  2275 Jackson Ave, Memphis, TN 38112
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  /11

  $119,900

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,104 Sq Ft

  2292 Redwood Ave, Memphis, TN 38108

  Adorable 4 bedroom, 1 bath split level home full of charm and character. This home features hardwood floors throughout and a functional layout that offers flexibility for a variety of living needs. Fresh paint inside and out gives the home a clean, updated feel, making it move in ready. With spacious bedrooms and a comfortable flow, this property is ideal for everyday living. Whether you are

  Crystal Mitchell Renshaw Company, REALTORS

  2292 Redwood Ave, Memphis, TN 38108
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  /25

  $156,000

  $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,269 Sq Ft

  4589 Range Line Rd, Memphis, TN 38127

  Charming 4-Bedroom, 2-Bath Home – Perfect for Living or Investing Welcome to this well-maintained 4-bedroom, 2-bathroom home offering 1,269 sq ft of comfortable living space. Whether you’re searching for the perfect primary residence or a smart investment property, this home checks all the boxes. Step inside to find a bright and inviting layout designed for easy living. The home’s low-maintenance

  Princess Parker Crye-Leike, Inc., REALTORS

  4589 Range Line Rd, Memphis, TN 38127
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  /2

  $149,900

  • 3 Beds
  • 2.5 Baths
  • 1,909 Sq Ft

  311 E Shelby Dr, Memphis, TN 38109

  A fantastic opportunity to add an income producing property to your portfolio. Property is leased for $1515 until 4/16/27. Sale is as-is. No showings until accepted offer. DO NOT DISTURB TENANT.

  Farris Ibrahim Renshaw Company, REALTORS

  311 E Shelby Dr, Memphis, TN 38109
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  /2

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  416 Carbon Cove, Memphis, TN 38109

  Low maintenance brick home with newer roof, fenced yard in a cove. Tenant occupied...DO NOT disturb tenant. Under lease until August 2027. Inspections will be scheduled once a contract is in place. No wholesalers/assignments. Professionally managed by Reedy & Company.

  Weesie Percer Keller Williams

  416 Carbon Cove, Memphis, TN 38109
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  /15

  $136,500

  $3K PRICE DROP

  • 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
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  /14

  $119,000

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  5083 Carterville Place, Memphis, TN 38127

  Price improvement!!! Charming 3 bedroom 1 bath renovated home in Northaven, great value for owner occupant, Move-in ready! New roof in 2024. Freshly painted, new light fixtures, and check out the kitchen! House is vacant, no curtains/rods/decor or furniture. There are some photos here that have been virtually staged. This home qualifies for special 100% financing for owner occupant buyers so call

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5083 Carterville Place, Memphis, TN 38127
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  /3

  $119,900

  • Land
  • 41.55 Acres
  • $2,886 per Acre

  0 Northaven Dr, Memphis, TN 38127

  Over 41 acres of wooded land in the Northhaven community. Ten minute drive to Shelby Forest State Park.

  Robert Grisham Bluff City Realty Group, LLC

  0 Northaven Dr, Memphis, TN 38127
• 

  /2

  $139,500

  $3K PRICE DROP

  • 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
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  /2

  $199,000

  • Land
  • 18,295 Sq Ft
  • $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
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  /21

  $106,850

  $8K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,320 Sq Ft

  1737 S Trezevant St, Memphis, TN 38114

  Great opportunity to own an income producing duplex in prime location close to FedEx and Memphis Airport. Convenient to bus line and shopping. Renovated bathroom, laminated floors and more. Great investment for anyone seeking steady income.

  Douglas Bentley Good Shepherds Realty & Invest

  1737 S Trezevant St, Memphis, TN 38114
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  /11

  $184,900

  • 2 Beds
  • 2 Baths
  • 1,263 Sq Ft

  1673 Sorghum Mill Dr, Cordova, TN 38016

  Recenty updated home with new carpet, fresh paint inside and out Primary bath with luxury tub Large Great room with fireplace parking for two cars Fenced back yard with patio Home is ready to go

  Frank Pereira Jennae Realty, Inc.

  1673 Sorghum Mill Dr, Cordova, TN 38016
• 

  /2

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,234 Sq Ft

  2552 Ogden Ave, Memphis, TN 38112

  Tenant-occupied property generating $1,150/month with a lease in place through July 2026, providing immediate and stable cash flow. This is a great opportunity for investors looking to add a performing asset to their portfolio without the hassle of vacancy or lease-up. Property is professionally managed and offers strong rental potential in a high-demand area. Please do not disturb the resident.

  Bradley Puckett CB Properties of Memphis, LLC

  2552 Ogden Ave, Memphis, TN 38112
• 

  

  /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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  /14

  $199,000

  $16K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 833 Sq Ft

  420 Josephine St, Memphis, TN 38111

  Step into this beautifully remodeled 2-bedroom, 2-bath home, where modern updates meet everyday comfort. This move-in-ready property features fresh paint, stylish new fixtures, brand-new flooring, and a fully renovated primary suite with an added bathroom and spacious walk-in closet. Additional highlights include a detached shop, new HVAC system, new water heater, and a private backyard perfect

  Margie Brown Epique Realty

  420 Josephine St, Memphis, TN 38111
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  /8

  $190,000

  $40K PRICE DROP

  • 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

  $109,000

  $6K PRICE DROP

  • 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
• 

  

  /23

  $187,000

  • 3 Beds
  • 1 Bath
  • 1,160 Sq Ft

  4838 Quince Rd, Memphis, TN 38117

  Welcome to this cozy and quaint 3-bedroom , 1-bath home nestled in the heart of Colonial Acres! Tons of charm and natural light, New roof and a separate laundry area for added convenience. The spacious backyard is a gardener’s dream—perfect for cultivating your own outdoor oasis—and even includes a chicken coop that can remain for buyers looking to embrace a more sustainable lifestyle. Whether

  Amanda Kirkman KAIZEN Realty, LLC

  4838 Quince Rd, Memphis, TN 38117
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  /30

  $189,900

  $5K PRICE DROP

  • 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
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  /33

  $180,000

  • 1 Bed
  • 1 Bath
  • 811 Sq Ft

  66 Monroe Ave Unit 504, Memphis, TN 38103

  Experience Downtown Living at Its Best! Don’t miss this incredible opportunity to own a piece of Memphis history in the iconic Shrine Building, ideally located at Monroe & Front. Step outside and enjoy easy access to AutoZone Park, Main Street, and Beale Street—all just a short walk away. This 5th-floor condo features a spacious 1-bedroom layout with a separate flex room, perfect for a home

  Sam White Crye-Leike, Inc., REALTORS

  66 Monroe Ave Unit 504, Memphis, TN 38103
• 

  

  /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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