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Memphis, TN Homes under $200,000

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  • /6

    $140,000

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

    1659 Southern Ave, Memphis, TN 38114

    Investor Alert! This fully renovated duplex is a cash flow dream! Whether you're looking for a solid rental investment or a multi-generational living solution, this property checks all the boxes. Each unit boasts modern finishes, fresh flooring, updated kitchens, and stylish bathrooms. A brand-new privacy fence enhances curb appeal and security. Don’t miss this opportunity to own a beautifully

    Melody Freeman Kairos Realty

    1659 Southern Ave, Memphis, TN 38114
  • /25

    $120,000

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

    5257 Weaver Rd, Memphis, TN 38109

    Whether looking for rental property or looking for a nice spot to build a new house, this property could be the idea location w/approximately 1.5 acres. This spacious split plan modular home w/3 bedroom, 2 baths, living & dining room combination, great room, eat-in-kitchen and laundry room has a lot of potential. The rooms are large and with repairs, upgrades, new HVAC system - could make a great

    Tjuania Redmond Lawrence Johnson, REALTORS

    5257 Weaver Rd, Memphis, TN 38109
  • /14

    $179,900

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

    4809 Bridgedale Ave, Memphis, TN 38118

    This fully renovated home features over 1800 sq/ft, 3 spacious bedrooms, Large eat in kitchen, and a separate den & living room.

    Preston Williams Regency Realty, LLC

    4809 Bridgedale Ave, Memphis, TN 38118
  • /4

    $105,000

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

    3157 Tulip Poplar Dr, Memphis, TN 38115

    TENANT OCCUPIED! The tenant has been at the property for 10+ years and is currently paying $950.00 monthly. Tenant's Rights is in place. Do Not Disturb The Tenant

    KaTrina Kelly-Isom 4 Success Realty, LLC

    3157 Tulip Poplar Dr, Memphis, TN 38115
  • /6

    $125,000

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

    1663 Humber St, Memphis, TN 38106

    Tenant in place for instant cash flow—this turnkey investment offers prime access to highways, schools, and shopping, making it ideal for small families and high rental demand. Recent upgrades include a brand-new HVAC system with updated ductwork and thermostat, a refreshed kitchen with new countertops, sink, faucet, and shelving, and modernized bathrooms with updated fixtures and tile flooring.

    James Wachob Foundation Property Management

    1663 Humber St, Memphis, TN 38106
  • /18

    $145,000

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

    4033 Reenie Ave, Memphis, TN 38128

    A charming and well-maintained property with a lot of potential! The granite countertops and tile flooring in the kitchen, along with a renovated bath, add modern touches. The additional room off the kitchen would make a great family room and the full-sized laundry room are great features for convenience. The brick exterior, landscaped grounds, and massive backyard offer great curb appeal and

    Jay McMiller RE/MAX Realty Group

    4033 Reenie Ave, Memphis, TN 38128
  • /15

    $120,000

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

    3558 Kensett Dr, Memphis, TN 38127

    Nice renovation done only a year old. Brand New Roof and new furnace. 3 bdrms/1 bthrm. This is a great property to add to your portfolio. No work needed. Just find the perfect tenant. Property is to be sold AS-IS. Call me for a private showing of this home.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    3558 Kensett Dr, Memphis, TN 38127
  • /23

    $129,900

    • 4 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    855 Hilton St, Memphis, TN 38114

    Investor Special! This 4 bedroom, 1 bathroom home has been recently updated, has a tenant newly in place with rent guaranteed by Section 8 at $1250.00. New furnace in 2022, new AC condenser in 2023, new gas stove in 2024. DO NOT DISTURB TENANT. Showings, rent roll, and maintenance records available with accepted offer. Write offers based on inspection. This should be an easy addition to your

    Aaron Ivey eXp Realty

    855 Hilton St, Memphis, TN 38114
  • /3

    $175,000

    • Land
    • 1.40 Acres
    • $125,000 per Acre

    3451 Ridgeway Rd, Memphis, TN 38115

    This CMU-1 Commercially zoned lot is 1.4 +/- Acres in a great location with nearby Apartment communities, single family homes, businesses and churches. Great Road frontage and visabillity! Seller willing to entertain Owner-Financing option

    John Cornes Braden, Braden & Braden LLC

    3451 Ridgeway Rd, Memphis, TN 38115
  • /7

    $150,000

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

    1030 Stonewall St, Memphis, TN 38107

    If you have DREAMED of living in HISTORICAL VOLLINTINE EVERGREEN DISTRICT THIS IS IT!!! HOME IS OFFERED AS IS & well maintained by the owner. This 3 bedroom/ 2 bath house is just minutes from some of our city staples... APX. 4 minutes to Crosstown Concourse 5 minutes to Rhodes College & 8 minutes to The Memphis Zoo!!! It FEATURES a spacious living room (wood burning fire place) & dining room

    Tijuana Wallace Keller Williams

    1030 Stonewall St, Memphis, TN 38107
  • /20

    $185,000

    • 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
  • /12

    $109,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    879 Tully St, Memphis, TN 38107

    BACK ON MARKET!! HUGE REDUCTION!!! 3 bedroom 1 bath totally rehabbed less than 1 mile from St Jude's & uptown area. Wonderful Front Porch Plus Massive backyard~~ Updated kitchen with stainless appliances including Frig plus Updated Bath also~~ Lovely Floorplan~~ New Roof~~~Paint~~Flooring & water heater~~ Ready for you to move in! This property is now active in an online auction. The sale will be

    Scott Housewirth Crye-Leike Inc., REALTORS

    879 Tully St, Memphis, TN 38107
  • /28

    $190,000

    • 5 Beds
    • 2 Baths
    • 2,000+ Sq Ft

    3486 Faxon Ave, Memphis, TN 38122

    Welcome to this completely updated and move-in ready! This thoughtfully renovated 5-bedroom, 2-bathroom home is ready for its new owners. The modern design and spacious layout make it a great choice for families or anyone looking for a comfortable, functional space. Don’t miss out, schedule a showing today!

    Jonathan Nunez Fast Track Realty, LLC

    3486 Faxon Ave, Memphis, TN 38122
  • /18

    $115,000

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

    3709 Royal Wood Dr, Memphis, TN 38128

    Freshly Remodeled & Ready on Royal Woods! This beautifully updated 3 bed, 1 bath single-family home is vacant and move-in ready—perfect for first-time buyers or savvy investors. With modern upgrades throughout, it’s a turnkey opportunity in a growing neighborhood. Come see the potential for yourself!

    Tina Sandoval Evernest Too, LLC

    3709 Royal Wood Dr, Memphis, TN 38128
  • /7

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,798 Sq Ft

    2679 Woodlawn Terrace, Memphis, TN 38127

    Price correction! Awesome investment opportunity! This could be an excellent multifamily addition to your portfolio. Seller is open to seller finance with acceptable offer. Tenant occupied and professionally managed DUPLEX! Currently rented for $900/$550. Nice corner lot. Long time tenants. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment.

    William Haynes Crye-Leike, Inc., REALTORS

    2679 Woodlawn Terrace, Memphis, TN 38127
  • /10

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    2452 Pecan Cir, Memphis, TN 38114

    Newly Renovated 3 Bedroom 1 Bath home in Memphis, with bonus room. Updated kitchen with GRANITE countertops! This home will be great for a first time homebuyer or a savvy investor.

    DonAngela Johnson Crye-Leike, Inc., REALTORS

    2452 Pecan Cir, Memphis, TN 38114
  • /14

    $109,900

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    4374 Ford Rd, Memphis, TN 38109

    *Last contract failed due to no fault of seller* Neat as a pin. Offers 3 bedrooms, 1 bath, separate living room & eat in kitchen. The interior has mostly laminate flooring & carpet in one bedroom. The exterior is brick & vinyl siding. Also has a 1 car attached carport. Must see!!!

    Jimmie Hopson Crye-Leike, Inc., REALTORS

    4374 Ford Rd, Memphis, TN 38109
  • /16

    $135,000

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

    478 E Davant Ave, Memphis, TN 38106

    This home has been renovated and ready for a new owner. It has three bedrooms and one and a half bathrooms. Located on a corner lot.

    Esther Guy BenchMark REALTORS, LLC

    478 E Davant Ave, Memphis, TN 38106
  • /4

    $149,000

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

    1049 Hale Rd, Memphis, TN 38116

    Two properties for the price of one, both with tenants in place. NO assigning of contracts. Please contact listing agent with any questions. DO not disturb tenants.

    Ricky Cooper Realty Capital Management, LLC

    1049 Hale Rd, Memphis, TN 38116
  • /37

    $190,000

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

    1584 Eastmoreland Ave Unit 3, Memphis, TN 38104

    RENTALS ALLOWED! Gracious, spacious & light filled upstairs condo in the heart of Central Gardens! Classic architecture inside and out! 9' smooth ceilings, original nail down hardwood. Nice molding & built-ins. Wood burning fireplace! Replacement windows throughout, some casements with screens. Kitchen and bath updated. All appliances remain. Stove 3 yrs, washer/dryer 2 yrs, new dishwasher.

    Deborah Mays Hobson, REALTORS

    1584 Eastmoreland Ave Unit 3, Memphis, TN 38104
  • /9

    $161,000

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

    750 Alaska St, Memphis, TN 38107

    **INVESTOR SPECIAL** The home features contemporary finishes, including laminate wood flooring. The kitchen comes equipped with a dishwasher and refrigerator. Parking is available with a detached setup and off-street options. Conveniently located within walking distance of Crosstown Concourse, and is just minutes away from Overton Park and downtown Memphis.

    Erika Davis Epique Realty

    750 Alaska St, Memphis, TN 38107
  • /26

    $134,900

    • 1 Bed
    • 1 Bath
    • 600+ Sq Ft

    109 N Main St Unit 1207, Memphis, TN 38103

    Stunning 1bedrm with Breathtaking Views , features an array of top-tier amenities. Enjoy the luxury of an indoor stainless steel 24-hour heated pool & jacuzzi spa, fitness rooms (with an approved remodel underway), and the iconic Balinese Room, perfect for entertaining guests. Private rooftop offers spectacular views of the river and city skyline. The Claridge House is fob-only entry and

    Cali Neal KAIZEN Realty, LLC

    109 N Main St Unit 1207, Memphis, TN 38103
  • /34

    $195,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft

    408 S Front St Unit 305, Memphis, TN 38103

    AN EXCEPTIONAL FIND WITH A ONE-OF-A-KIND FLOORPLAN IN THE PAPERWORKS!! This property boasts soaring ceilings and sleek concrete floors. A SECURE ENTRANCE and 1 GARAGE PARKING SPACE. The stylishly updated kitchen features a modern backsplash, white cabinetry, stainless steel appliances, elegant pendant lighting, and newly installed foot cabinets for extra storage! The seller has thoughtfully

    Taylor Waring Ware Jones, REALTORS

    408 S Front St Unit 305, Memphis, TN 38103
  • /12

    $139,900

    • 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
  • /15

    $199,900

    • 4 Beds
    • 2 Baths
    • 2,000+ Sq Ft

    6879 Gilford Dr, Memphis, TN 38141

    Great investment opportunity with built in equity. This home is a 4 bedroom 2 bath home and is currently tenant occupied. Long term tenant paying well below market rents at $1065 per month. Lease ends 9/25. Market rents show approx $1500 / mth. Buyer can purchase now and get benefits when lease is up. Call today for more information. Property is Professionally managed. Pictures are from

    Camela Henke Enterprise, REALTORS

    6879 Gilford Dr, Memphis, TN 38141
  • /21

    $179,900

    • 2 Beds
    • 1 Bath

    909 Lewis St Unit 911, Memphis, TN 38107

    Investors Only. Tenant occupied duplex for sale! 100% occupied fully rented duplex. Don't disturb tenants! Rehabbed Home. Rent is $1850/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and

    Tyler Tapley Crye-Leike, Inc., REALTORS

    909 Lewis St Unit 911, Memphis, TN 38107
  • /5

    $110,000

    • 2 Beds
    • 1 Bath
    • 752 Sq Ft

    3135 Woodrow St, Memphis, TN 38127

    Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1100/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)!

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3135 Woodrow St, Memphis, TN 38127
  • /4

    $119,900

    • 2 Beds
    • 1 Bath

    1772 Preston St, Memphis, TN 38106

    Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1200/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)!

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1772 Preston St, Memphis, TN 38106
  • /6

    $149,000

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

    260 W Davant Ave, Memphis, TN 38109

    Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1500/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)!

    Tyler Tapley Crye-Leike, Inc., REALTORS

    260 W Davant Ave, Memphis, TN 38109
  • /16

    $128,000

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

    3837 Tessland Rd, Memphis, TN 38128

    Price improvement Charming 3-Bedroom, 1-Bathroom Newly Renovated Brick Home. This beautifully updated home features 3 spacious bedrooms and 1 modern bathroom. Enjoy the fresh, contemporary feel with new light fixtures throughout, as well as updated vanities in the bathroom. The kitchen has been thoughtfully renovated with stylish finishes and plenty of storage space. Perfect for those

    Crystell Harris Harris & Harris Realty Group

    3837 Tessland Rd, Memphis, TN 38128
  • /31

    $180,000

    • 1 Bed
    • 1.5 Baths
    • 1,200+ Sq Ft

    585 S Greer St Unit 103, Memphis, TN 38111

    Lovely well maintained 1st floor condo in desirable Country Club Tower. Gated with 24 hr. security guard.New windows&floorings. Primary bedroom w/large walk in closet and additional storage. Open living room, dining room and office. Updated kitchen w/breakfast room which could be used as additional living space. Laundry room and 1/2 bath- Party room w/full kitchen overlooks patio, pool,&MCC golf

    Carol Stout Ware Jones, REALTORS

    585 S Greer St Unit 103, Memphis, TN 38111
  • /4

    $199,900

    • Land
    • 0.91 Acre
    • $219,670 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
  • /12

    $195,000

    • 2 Beds
    • 2 Baths
    • 2,170 Sq Ft

    3709 Firethorne Dr, Memphis, TN 38115

    Great property for your investment portfolio or move into one side and keep renting out the other. Great curb appeal. Separate driveways for each side. Spacious backyard.

    John Quinn REMAX Experts

    3709 Firethorne Dr, Memphis, TN 38115
  • /17

    $165,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    873 N Mcneil St, Memphis, TN 38107

    Make an appointment to check out this wonderful, charming home in the historic Vollintine Evergeen district! The home features central heat and air, a renovated bathroom and kitchen, and a huge living room that has dining space as well. Other features are a nice backyard, screen-in front porch, wooden floors, smooth ceilings, and nice kitchen appliances. The location allows quick commuting to

    Graham Winchester Hobson, REALTORS

    873 N Mcneil St, Memphis, TN 38107
  • /32

    $105,000

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

    232 S Highland St Unit 1005, Memphis, TN 38111

    SELLER TO PAY 1 YR HOA FEES! Freshly painted, condo with smooth ceilings, new carpet, 2 bedroom, 2 bath spacious rooms in the heart of Memphis, close to shopping, restaurants & U of M. Gated parking, in ground pool, garden like well maintained commons areas, party room w/ kitchen, 24/7 security, and exercise room Condo has huge windows allowing natural light and views of lovely sunsets.

    Laurie McBride Connors Ware Jones, REALTORS

    232 S Highland St Unit 1005, Memphis, TN 38111
  • /12

    $105,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    1753 Winston Dr, Memphis, TN 38127

    Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $975/mo with a $1005 deposit on file. Lease expires 9/30/25. Do not approach or disturb tenant. No showings without an accepted offer. No wholesale, assignment, creative finance or seller finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray,

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1753 Winston Dr, Memphis, TN 38127
  • /20

    $199,900

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

    5718 Woodbourne Ct, Memphis, TN 38115

    Discover comfortable living in this charming 4-bedroom, 2-bathroom home, ideal for those who appreciate both cozy family quarters and active community life. Nestled in a friendly cove of Memphis, this house promises a blend of privacy and connectivity, making it perfect for modern lifestyles. Step inside to find a spacious interior that offers ample room for relaxation and entertainment. The

    Mid- South Rentals Renshaw Company, REALTORS

    5718 Woodbourne Ct, Memphis, TN 38115
  • /12

    $115,000

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

    1545 Oakwood St, Memphis, TN 38108

    Investors!! Looking for that perfect turnkey rental? Complete remodel down to the studs in 2018! New Roof and Windows, all new plumbing and electrical, new HVAC and water heater. All new flooring and brand new updated kitchen and baths. Currently rented for $1000 a month Section 8/MHA. Drive by only, do not disturb tenant. Perfect opportunity to add a turnkey, cash flowing property to your

    Mark Wilson Coldwell Banker Collins-Maury

    1545 Oakwood St, Memphis, TN 38108
  • /37

    $194,900

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

    293 N Willett St, Memphis, TN 38112

    Charming home in the Evergreen historic district, close to wonderful Midtown restaurants, theaters, and shopping as well as Downtown hotspots. This two bedroom one bath home has fresh interior paint and features high ceilings and beautiful hardwood floors on the first story. The second story has a carpeted loft and bonus room that would be perfect for a playroom. Outside you have plenty of green

    Camela Henke Enterprise, REALTORS

    293 N Willett St, Memphis, TN 38112
  • /5

    $115,000

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

    4205 Fizer Ave, Memphis, TN 38111

    Investors only! Tenant occupied property that could be a great addition to your rental/investment portfolio. Home has additional parking pad (for additional cars), hardwood floors, and a nice floorplan. Nice tenant who would like to continue to stay. Currently rented at$875 and tenant is MTM. Property is professionally managed (lease, ledger, and work order history available upon request). ONLINE

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4205 Fizer Ave, Memphis, TN 38111

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