Memphis, TN Homes for Sale under $200,000

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  /17

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,304 Sq Ft

  5338 Cedar Bluff Dr, Memphis, TN 38127

  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

  5338 Cedar Bluff Dr, Memphis, TN 38127
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  /4

  $130,000

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

  2205 Oldfield Dr, Memphis, TN 38134

  Investors only! This property is fully rented, 100% occupied. It is a 2bed 2bath rented at $1075/mo. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1580/1582 Marjorie ($100k), and 1623/1625 Galveston ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2205 Oldfield Dr, Memphis, TN 38134
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  /4

  $187,900

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

  1622 Beaver Trail Dr, Cordova, TN 38016

  Check out this 3 bedroom, 2 bath townhouse. Located in a quiet neighborhood in the heart of Cordova, this brick home has a lot of space for the bucks. Huge great room has cozy brick fireplace. Kitchen has lots of storage space! Master bedroom has walk-in closet! Neighborhood pool and tennis courts included! Don't miss this one before it sells! Bring all offer. Do not disturb tenant. Offer

  KC Lam Cordova Realty, Inc.

  1622 Beaver Trail Dr, Cordova, TN 38016
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  /27

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,183 Sq Ft

  265 E Shelby Dr, Memphis, TN 38109

  This beautiful 3 BR 11⁄2 BA home is ready for entertaining! Huge backyard & patio area. Covered patio area has bar-like seating, large uncovered patio area for grilling etc., 40 ft concreted entertainment area, ideal for hanging outdoor lights. Huge front yard with long driveway & extra parking area. All decor & appliances remain: W/D,stove,refrigerator,microwave,coffee maker,portable fireplace

  Pariss Smith, BPS, REALTOR KAIZEN Realty, LLC

  265 E Shelby Dr, Memphis, TN 38109
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  /24

  $165,000

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

  6623 Quail Covey Dr, Memphis, TN 38141

  Charming 1-story home featuring 3 bedrooms and 2 bathrooms with a kitchen/dining room combo perfect for entertaining. The living room includes a cozy fireplace, and the home also offers a welcoming foyer and a versatile den. The primary suite boasts two spacious closets, providing ample storage. A dedicated laundry room adds convenience to this comfortable and functional layout. One or more

  Rochele Minerd Mainstay Brokerage, LLC

  6623 Quail Covey Dr, Memphis, TN 38141
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  /3

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,043 Sq Ft

  2489 Redvers Ave, Memphis, TN 38127

  Samantha Ward Fast Track Realty, LLC

  2489 Redvers Ave, Memphis, TN 38127
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  /2

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,818 Sq Ft

  3675 Mountain Terrace St, Memphis, TN 38127

  tenant occupied investment property, do not disturb tenant. Tenant's rights apply. showings only permitted with accepted offer. current rent is $825.00 per month. Tenant is month to month

  Justin Thorne HomePlace Real Estate

  3675 Mountain Terrace St, Memphis, TN 38127
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  /39

  $129,000

  • 2 Beds
  • 2 Baths
  • 1,278 Sq Ft

  417 Charter Ave, Memphis, TN 38109

  This is a must see. This home has been very cozy well maintained. It was previously a three-bedroom home. However, two of the bedrooms were combined into one very, very large primary bedroom. There is an additional small outbuilding behind this home that can be used as a man cave or she shed. And there's more. A large storage shed in the very back. This neighborhood is nice and quiet, and near

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  417 Charter Ave, Memphis, TN 38109
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  /21

  $169,000

  • 3 Beds
  • 1 Bath
  • 1,353 Sq Ft

  3244 Spottswood Ave, Memphis, TN 38111

  Charming home located in the heart of Memphis. This home features 3 bedrooms and 1 bathroom, providing a comfortable and spacious living space. Upon entering, you are welcomed by a cozy living area with hardwood floors, large windows, and a fireplace. The open-concept layout leads into the well-appointed kitchen, which includes plenty of cabinet space. There is a two-car garage located at the

  Jessica Ennis Renshaw Company, REALTORS

  3244 Spottswood Ave, Memphis, TN 38111
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  /5

  $114,900

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

  1690 Berkshire Ave, Memphis, TN 38108

  INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window units

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1690 Berkshire Ave, Memphis, TN 38108
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  /18

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,531 Sq Ft

  4579 Crump Rd, Memphis, TN 38141

  Charming 3BR/2BA home in desirable Ridgeway Estates, located in the heart of East Memphis! This well-maintained property features central heat and air, brand-new flooring, fresh interior and exterior paint, and a newly installed privacy fence enclosing the backyard. Conveniently located just minutes from popular dining, shopping, and everyday amenities. Whether you’re an owner-occupant or an

  Caleb Parr Renshaw Company, REALTORS

  4579 Crump Rd, Memphis, TN 38141
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  /9

  $150,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  66 Monroe Ave Unit 606, Memphis, TN 38103

  Don't miss your chance to own a piece of Downtown Memphis. Downtown has many new plans underway. This is a chance to own a newly renovated 1 bedroom condo right in the heart of Downtown.

  Christopher Batts C21 Patterson & Assoc. Real Es

  66 Monroe Ave Unit 606, Memphis, TN 38103
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  /24

  $114,900

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

  475 N Highland St Unit 10J, Memphis, TN 38122

  Brilliant 10th floor Northwest facing condo with balcony that overlooks both the condo's pool and Chickasaw Country Club. Balcony accessible from both the living room and the second bedroom. All new paint in this 2 bedroom, 2 bath unit on the 10th floor of the unique Fairway Towers. Complex includes a swimming pool, gym, and grilling areas around pool deck. Each unit has a storage closet in the

  Donnie Morrow eXp Realty, LLC

  475 N Highland St Unit 10J, Memphis, TN 38122
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  /17

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,725 Sq Ft

  6981 McVay Place Dr, Memphis, TN 38119

  Easy to show. Please contact listing agent via text or call. This home won't last long. Great 3-bedroom 2-bathroom. This home offers a fenced in spacious backyard. 2 car attached garage. Eat in kitchen with a separate office space in kitchen. All bedrooms are down. The stairs lead to an unfinished attic that is huge! Separate laundry room. Will be perfect for first time or second time home buyer.

  Micah Layman Ware Jones, REALTORS

  6981 McVay Place Dr, Memphis, TN 38119
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  /17

  $199,900

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

  5718 Quince Rd Unit 1, Memphis, TN 38119

  The Best Unit in the Yorkshire Gardens Condominium Complex, Unit #1. Nestled in the heart of East Memphis. Lavish swimming pool right at your front door. Spacious club house. 2 bedrooms and 1 full bath and 2 half baths. Washer/Dryer, Refrigerator Stay. Welcome to your new home in paradise. Call me today !

  Anna Palazola Crye-Leike, Inc., REALTORS

  5718 Quince Rd Unit 1, Memphis, TN 38119
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  /21

  $149,000

  • 4 Beds
  • 3 Baths
  • 2,064 Sq Ft

  5134 Scottsdale Ave, Memphis, TN 38118

  Property is being sold in an "as is" condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a

  JERRY EMERSON KING Williams & Williams Real Estate Auctions

  5134 Scottsdale Ave, Memphis, TN 38118
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  /17

  $139,900

  • 3 Beds
  • 9,800 Sq Ft

  564 W Peebles Rd, Memphis, TN 38109

  Unique 2-for-1 Opportunity – Renovated Home + Rental Unit! Don’t miss this rare chance to own two homes on one lot! The front property is a beautifully renovated 2BR/1BA featuring an updated kitchen and bath, central heat & air, low-maintenance brick exterior, and a charming front porch to enjoy. Behind it sits a separate 1BR/1BA home currently occupied on a month-to-month lease at $500/month,

  Caleb Parr Renshaw Company, REALTORS

  564 W Peebles Rd, Memphis, TN 38109
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  /19

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,816 Sq Ft

  1275 Canfield Ave, Memphis, TN 38127

  Tenant occupied. Do not disturb tenants. Inspection/showing only upon accepted offer. Home was renovated in 2017. Multiple living rooms! Great kitchen. Home is much more spacious than it appears from the street. Nice, level, large backyard.

  Claire Gold Bridge Realty Memphis

  1275 Canfield Ave, Memphis, TN 38127
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  /26

  $150,000

  • 7 Beds
  • 0.5 Baths
  • 5,295 Sq Ft

  109 N Main St Unit C-6, Memphis, TN 38103

  Rare opportunity to own potential Commercial Condo space in the middle of Downtown Memphis. Within walking distance to major Government offices, such as Memphis City Hall, Shelby County Admin office, All of your Courts, Walk to the river and convention center! Located on the Trolley line! This Condo features over 5,200 SF of space you can design into your creative needs from possible Retail

  John Cornes Braden, Braden & Braden LLC

  109 N Main St Unit C-6, Memphis, TN 38103
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  /14

  $125,000

  • 4 Beds
  • 2 Baths
  • 2,141 Sq Ft

  1277 Snowden Ave, Memphis, TN 38107

  Opportunity is knocking! Fix & Flip, buy & hold, owner occupy. Repairs / renovation under way. Price will increase as work is completed. Will not qualify for conventional/FHA/VA loans. Cash / Like cash only. Call for more information. (owner/agent)

  Moses Villarreal KAIZEN Realty, LLC

  1277 Snowden Ave, Memphis, TN 38107
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  /23

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,165 Sq Ft

  2336 Boyle Ave, Memphis, TN 38114

  Investor Opportunity! Cash-flowing, tenant-occupied two-bed, two-bath duplex in Memphis, Tennessee. Recently updated throughout with modern finishes, newer flooring, and refreshed paint. Spacious living area, functional kitchen with updated appliances, and comfortable bedrooms Perfect for investors seeking turnkey rental income.

  Scott Tomlinson eXp Realty

  2336 Boyle Ave, Memphis, TN 38114
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  /5

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  3255 Amselle Cir, Memphis, TN 38127

  Welcome to a beautifully updated home that's been recently renovated from top to bottom - offering modern comfort, clean finishes, and move-in readiness. This is the perfect opportunity for a family, professionals working from home, or anyone looking for turn-key living.

  Lavertra Stewart C21 Patterson & Assoc. Real Es

  3255 Amselle Cir, Memphis, TN 38127
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  /30

  $194,900

  • 3 Beds
  • 2 Baths
  • 1,906 Sq Ft

  3153 Kirkcaldy Rd, Memphis, TN 38128

  Step into classic mid-century design with this stunning home featuring large picture windows, clerestory lighting, and clean architectural lines. Natural light floods the spacious living areas, highlighting the home’s warm character and open flow. Relax or entertain in the private backyard oasis — complete with a sparkling in-ground pool, expansive patio, and screened-in porch perfect for

  Rae Ann Stimpson The Carter Group LLC, REALTORS

  3153 Kirkcaldy Rd, Memphis, TN 38128
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  /2

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,295 Sq Ft

  3255 Macon Rd, Memphis, TN 38122

  Great investment opportunity in a strong rental area of Memphis. This well-maintained duplex offers two separate units. One unit has two bedrooms and one bath and is currently rented for $775 per month. The other unit has one bedroom and one bath and is listed for rent at $575 per month. Both have been updated recently. Ideal for investors seeking solid cash flow or for an owner occupant looking

  Michael Valenza eXp Realty, LLC

  3255 Macon Rd, Memphis, TN 38122
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  /2

  $190,000

  • 4 Beds
  • 2 Baths
  • 1,575 Sq Ft

  1220 S White Station Rd, Memphis, TN 38117

  Dont miss your chance to snag this home on White Station, close to everything, for a great price. Home will need to be cash or conventional loans only and does need some TLC inside. Previous owner was almost done renovating when they fell on hard times but their loss is your gain. Set an appointment and come by today!

  Eric Bell REMAX Experts

  1220 S White Station Rd, Memphis, TN 38117
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  /33

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,215 Sq Ft

  177 E Raines Rd, Memphis, TN 38109

  Charming 3-bedroom home in Memphis! Welcome to 177 E Raines Rd — a well-kept property offering 3 spacious bedrooms, 1 full bath, and 1 half bath. This home features a comfortable layout, bright living spaces, and a convenient location close to schools, shopping, and major routes. Perfect for homeowners or investors looking for a solid, move-in-ready property.

  Alexis Martz Trelora Realty

  177 E Raines Rd, Memphis, TN 38109
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  /25

  $199,900

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

  2907 Walker Ave, Memphis, TN 38111

  Newly Renovated Home Near the University of Memphis! Welcome to 2907 Walker Ave, a move-in ready home with a brand-new roof, all-new windows, and fresh updates throughout. Inside, you’ll find luxury vinyl flooring, modern light fixtures, and two fully renovated bathrooms with new tile, vanities, mirrors, and shower finishes. Enjoy the comfort of a separate laundry room, ceiling fans, and a

  Joshua Moss KAIZEN Realty, LLC

  2907 Walker Ave, Memphis, TN 38111
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  /31

  $114,900

  • 3 Beds
  • 1.5 Baths
  • 1,173 Sq Ft

  4014 Kerwin Dr, Memphis, TN 38128

  Spacious 3-bedroom, 1.5-bath single-family home featuring an inviting, open floorplan designed for comfortable living and entertaining. The home offers generous living areas filled with natural light, well-sized bedrooms, and a functional layout. Step outside to a large backyard—perfect for gatherings, gardening, or future outdoor enhancements. A wonderful opportunity to enjoy space, flexibility,

  Alexis Martz Trelora Realty

  4014 Kerwin Dr, Memphis, TN 38128
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  /37

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,051 Sq Ft

  232 S Highland St Unit 601, Memphis, TN 38111

  Welcome to 232 S Highland St, Unit 601 – Unmistakably the best views in The Edinborough, this beautifully renovated condo in the heart of E Memphis, is just minutes from the University of Memphis. This rare corner unit is drenched in natural light, with walls of windows framing breathtaking skyline views that truly set it apart. Inside, you’ll find all new flooring throughout and a completely

  Anna Bishop Crye-Leike, Inc., REALTORS

  232 S Highland St Unit 601, Memphis, TN 38111
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  /11

  $135,000

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

  772 Pearce St, Memphis, TN 38107

  Property is leased—enjoy instant cash flow from day one! Fully rebuilt with only the original framing retained, this turnkey home features brand-new HVAC, water heater, plumbing, and electrical systems. The modern layout includes new drywall, vents, flooring, and a fully updated kitchen with new cabinets, sink, and fixtures. A brand-new laundry room is ready for appliances, and the bathroom

  James Wachob Foundation Property Management

  772 Pearce St, Memphis, TN 38107
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  /28

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,613 Sq Ft

  936 Chesterton Dr, Memphis, TN 38127

  Great Owner occupant or Investment Opportunity! This charming 3-bedroom, 1.5-bath home is ready for its new owner. Enjoy a traditional layout featuring a separate living room, dining room, and a spacious den—perfect for relaxing or entertaining. Situated on a large corner lot, the property offers a fenced backyard and a patio ideal for outdoor gatherings. Additional highlights include a one-car

  Tina Andrade Fast Track Realty

  936 Chesterton Dr, Memphis, TN 38127
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  /20

  $169,995

  • 3 Beds
  • 2 Baths
  • 1,396 Sq Ft

  1264 Snowden Ave, Memphis, TN 38107

  Don’t miss this rare find in historic Speedway Terrace! This 3-bedroom, 2-bath Victorian bungalow, built in 1912, blends timeless charm with smart updates. Double-paned windows, fresh attic insulation, added steel support, and professional waterproofing under the home provide comfort and peace of mind. Sun-filled rooms feel warm and inviting, and the open layout makes everyday living easy. Set on

  Sherianne Bangham BHHS Taliesyn Realty

  1264 Snowden Ave, Memphis, TN 38107
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  /25

  $169,000

  • 4 Beds
  • 2 Baths
  • 1,200+ 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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  /13

  $169,000

  • 3 Beds
  • 2.5 Baths
  • 1,462 Sq Ft

  179 Honduras Dr, Memphis, TN 38109

  Welcome to your future haven in the heart of Whitehaven, Memphis! This delightful 3-bedroom, 2.5-bathroom home offers an inviting escape for modern living. With 1,462 square feet of thoughtfully designed space above ground, plus a versatile basement waiting for your personal touch, this residence perfectly blends comfort and potential.

  Corey Seymore Crye-Leike, Inc., REALTORS

  179 Honduras Dr, Memphis, TN 38109
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  /33

  $131,000

  • 3 Beds
  • 2 Baths
  • 1,730 Sq Ft

  1423 Abernathy Rd, Memphis, TN 38116

  Home to be sold as-is, cash or equivalent only with no financing considered. Roof has a leak and has resulted in interior damage. Utilities are not active and will not be activated by seller prior to closing. Seller has not completed any of the repairs/updates and acquired the home in its present condition with no other information available. No electric meter, likely electrical repairs needed.

  Steven Bintz Everystate Inc.

  1423 Abernathy Rd, Memphis, TN 38116
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  /18

  $120,000

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

  1839 S Orleans St, Memphis, TN 38106

  This property is currently tenant-occupied at $1,200 per month with no lease in place, and it can be delivered vacant or with the tenant in place at the buyer’s preference. Recent improvements include a new HVAC system 2023, a new hot water heater 2024 and an updated kitchen with new cabinets and countertops. The entire home has also been freshly painted inside and out, providing a clean and

  Arath Luevano Fast Track Realty, LLC

  1839 S Orleans St, Memphis, TN 38106
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  /2

  $165,000

  • Land
  • 0.21 Acre
  • $785,714 per Acre

  883 Drake Manor Cove, Memphis, TN 38117

  WONDERFUL HIDDEN GEM! GATED SUBDIVISION OFF PARK AVE. WITH 7 LOTS. BACKS UP TO AUDUBON PARK WITH NEIGHBORHOOD GATE ACCESS TO THE PARK. BEAUTIFUL UP-SCALE HOMES.

  Mark Duke Ware Jones, REALTORS

  883 Drake Manor Cove, Memphis, TN 38117
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  /8

  $170,000

  • 3 Beds
  • 2 Baths
  • 2,498 Sq Ft

  3382 Woodhollow Dr Unit 3382/3384, Memphis, TN 38118

  With an amazing list price, this amazing duplex will not be on the market for long! Book your appointment to tour fast before it's gone!! Will not go FHA.

  Nikki Rainey Epique Realty

  3382 Woodhollow Dr Unit 3382/3384, Memphis, TN 38118
• 

  

  /22

  $168,000

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

  5845 Park Ave Unit 5845, Memphis, TN 38119

  Own a corner unit at Chatham Village! Gated condo with a neighborhood pool. This 2 bed/ 1.5 bath unit was recently renovated. Quartz countertops new cabinets, under cabinet lighting, and recessed lighting. Private patio for sitting outside and relaxing or gardening. Large bedrooms, washer and dryer in a laundry closet upstairs.

  Amanda Kirkman KAIZEN Realty, LLC

  5845 Park Ave Unit 5845, Memphis, TN 38119
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  /11

  $199,900

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

  643 N Willett St, Memphis, TN 38107

  Fabulous Floorplan with upgrades thru out in this gorgeous 2 bedroom 1 bath in Vollintine Evergreen and walking distance to Greenline. Separate Living and Dining room, kitchen with breakfast nook and updated bathroom. Recently updated items include~~Roof, electrical panel, sewer/water lines to house, fixtures and appliances. Hardwood floors~~Single carport~~Nice fenced backyard with large storage

  Crystal Mitchell Crye-Leike Inc., REALTORS

  643 N Willett St, Memphis, TN 38107

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