Memphis, TN Homes for Sale under $200,000

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  /24

  $159,000

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

  726 Harahan Rd, Memphis, TN 38109

  This charming one-story brick home features a bright living room perfect for entertaining and relaxing. The open kitchen offers a great space for cooking. The private primary suite includes a spacious bathroom. A second bedroom sits near a full guest bath, while two more bedrooms down the hall provide space for family or work. Out back, enjoy a yard—perfect for relaxing or entertaining. Vinyl

  Donnie Morrow eXp Realty, LLC

  726 Harahan Rd, Memphis, TN 38109
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  /6

  $130,000

  • Land
  • 2.08 Acres
  • $62,500 per Acre

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109

  Build Your Dream Home on 2.08 Acres of Pure Possibility! Tucked away is this 2.08-acre lot offering the perfect canvas to bring your vision to life. Whether you're dreaming of a custom estate, a charming farmhouse, or a modern retreat, this spacious parcel provides room to spread out and breathe. Enjoy the privacy of a large lot with plenty of space for a garden, workshop, or outdoor living

  Melissa Blume Thompson eXp Realty

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109
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  /16

  $179,900

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

  420 Josephine St, Memphis, TN 38111

  Move-In Ready or Airbnb Opportunity! Step into this beautifully remodeled 2-bedroom, 2-bath home that blends modern updates with everyday comfort. Enjoy fresh paint, stylish new fixtures, brand-new flooring, and a fully renovated master suite complete with an added bathroom and a spacious walk-in closet. Additional features include a detached shop, a new HVAC system, a new water heater, and a

  Gene Adams Realty International, Inc.

  420 Josephine St, Memphis, TN 38111
• 

  

  

  /30

  $195,900

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

  3402 Lakeview Rd, Memphis, TN 38116

  Renovated & move-in ready! This updated 4BR/2BA home features over 1,600 sq ft eat in kitchen & breakfast bar. Enjoy new floors, fresh paint, updated baths, windows, roof, HVAC & more. Sitting on 0.76 acres, there’s room to create your dream outdoor space. The list price is $195,900, contact me or have your agent contact me to see how a first time homebuyer can get into this home for $146,925.

  Charlene Bailey Exit Realty Blues City

  3402 Lakeview Rd, Memphis, TN 38116
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  /20

  $175,900

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

  3347 S Perkins Rd, Memphis, TN 38118

  Wonderful 3 bedroom, 2 full bath home that features a family room, dining room large kitchen with new tile floors. NO Carpet in the home. Hard wood floors & tile only. Large covered patio and a huge fenced backyard with a storage shed. A must see!

  Corey Mayhorn BEST Real Estate Company

  3347 S Perkins Rd, Memphis, TN 38118
• 

  

  /22

  $125,000

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

  1751 Fox Hunt Ln Unit 5, Memphis, TN 38134

  SECLUDED AND QUIET CONDOMINIUM COMPLEX CLOSER TO RALIEGH/BARTLETT, LOW HOA FEES! Super affordable! Spacious and sunny, 3 bedroom 2 and 1/2 bath townhouse condo. All appliances stay. Convenient to Summer and Sycamore View area shopping with easy access to I-40 and Southwest Tennessee Community College. New LVP flooring downstairs, all hardwood upstairs.

  Carolyn Hooker Crye-Leike, Inc., REALTORS

  1751 Fox Hunt Ln Unit 5, Memphis, TN 38134
• 

  

  /15

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4530 Beacon Hill Dr, Memphis, TN 38127

  Charming 3-bedroom, 1 bathroom home that has been recently completely rehab! This gem features all new roof, windows, and flooring too. All exterior and interior freshly painted. Updated bathroom with contemporary fixtures. All light fixtures have been updated too. A central heat/cooling system is included with the price too. Don't miss out on this beautifully renovated home! Home is part of a 5

  Bernard Evans 4 Success Realty, LLC

  4530 Beacon Hill Dr, Memphis, TN 38127
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  /18

  $109,900

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

  487 Lundee St, Memphis, TN 38111

  Here’s your chance at a fixer-upper close to U of M. This home is in need of a pretty heavy lift here. The work has already started, and it’s just needing your touch to make it pop! Roof was replaced in 2025. Brick exterior. Vacant, easy to show. Cash/Hard Money only. No owner/creative finance.

  Caleb Parr Renshaw Company, REALTORS

  487 Lundee St, Memphis, TN 38111
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  /6

  $189,000

  • 10 Beds
  • 8 Baths
  • 3,200+ Sq Ft

  488 Laclede Ave, Memphis, TN 38126

  AS-IS opportunity for investors. This is a great cash-flowing property! The large home has been converted into a rooming house. Fully rented, this property can generate approximately $5,000 per month in cash flow.

  Virgil Pryor Harris Realty Services

  488 Laclede Ave, Memphis, TN 38126
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  /24

  $110,000

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

  303 Fields Ave, Memphis, TN 38109

  MOTIVATED SELLER! This 3 bed, 2 bath home offers peace of mind with a brand-new roof, HVAC, water heater, exterior paint, privacy fence, and all-new kitchen appliances. The layout features two oversized bedrooms, including one with double closets and a spacious walk-in. Enjoy the generous backyard, perfect for relaxing, entertaining, or letting kids and pets play. Seller is open to including

  Gloria De Leon Fast Track Realty, LLC

  303 Fields Ave, Memphis, TN 38109
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  /31

  $135,000

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  475 N Highland St Unit 8H, Memphis, TN 38122

  Beautifully updated 1 bedroom, 1 bath condo in Fairway Towers. Located on the 8th floor, this spacious unit offers sweeping views from your private balcony. Enjoy a modern kitchen and upgraded bathroom with quality finishes. Great condo amenities including a party room with kitchen, exercise room, pool, covered patio, BBQ area, guest suite, gated parking and 24 hour security at the door.

  Paula Sansom Hobson, REALTORS

  475 N Highland St Unit 8H, Memphis, TN 38122
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  /40

  $185,000

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

  3745 Tchulahoma Rd, Memphis, TN 38118

  This well-maintained 4-bedroom, 2.5-bath home offers generous living space and flexible layout options perfect for families or rental potential. The fourth bedroom includes its own private full bath—ideal for use as a mother-in-law suite or guest quarters. Enjoy the comfort of a formal living room, formal dining room, and a cozy den with a fireplace. A dedicated laundry room adds everyday

  Jay McMiller RE/MAX Realty Group

  3745 Tchulahoma Rd, Memphis, TN 38118
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  /26

  $149,900

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

  3898 Barton Dr, Memphis, TN 38116

  This home is walking distance to Graceland and offers an extra-large living room, a huge kitchen, and a generous den. The house features three bedrooms and two bathrooms, with beautiful hardwood floors in all bedrooms and the living room. It's situated on a large corner lot and includes many recent updates: The primary bathroom has a walk-in shower, updated vanity, newer flooring, and a newer

  Hannah Smith Enterprise, REALTORS

  3898 Barton Dr, Memphis, TN 38116
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  /23

  $135,000

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

  210 S Mclean Blvd Unit 1, Memphis, TN 38104

  First-floor flat with 2BR/2BA + office, and spacious living/dining room space for entertaining. All appliances are included (Refrigerator and washer dryer too). Crescent Place has a wonderful courtyard with a fountain and grilling area as well. Unit comes with 1 gated, assigned, covered parking space in the back. Cash or Portfolio loans only due to one owner owning more than 6 units (25%). No

  Mike Parker The Firm

  210 S Mclean Blvd Unit 1, Memphis, TN 38104
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  /12

  $135,000

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

  171 Loraine Rd, Memphis, TN 38109

  REDUCED!!! Nice Home located in an Established Neighborhood. Home needs some updating, but there are many amenities. 3 Bdrms - 1.5 baths, LR, Den, Quaint kitchen with eat-in area, laundry room and fenced backyard. Sellers are leaving the furniture for Buyer including stove, fridge and deep freezer "as is". Fresh coat of paint over the paneled walls would create a New LOOK to shine with the

  Erma Williams Crye-Leike, Inc., REALTORS

  171 Loraine Rd, Memphis, TN 38109
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  /31

  $199,000

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

  3330 Highland Park Place, Memphis, TN 38111

  Great Opportunity in 38111! This classic 2-bedroom, 1-bath Midtown bungalow offers 1,180 square feet of potential and charm. Inside, you'll find original hardwood floors, a cozy living room with a fireplace, and a separate dining area with great natural light. The kitchen leads to a spacious backyard with mature trees — perfect for relaxing or entertaining. A bonus sunroom provides extra flex

  Robert Hunt Epique Realty

  3330 Highland Park Place, Memphis, TN 38111
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  /7

  $124,000

  • 2 Beds
  • 2 Baths
  • 800+ Sq Ft

  232 S Highland St Unit 505, Memphis, TN 38111

  Nicely updated condo near University of Memphis, walkable dining and shopping also. Fifth floor view from three oversized windows, westward for sunsets, seasonal foliage and fireworks at the stadium. Updates include new kitchen-dining floor, new tile and step access in hall bath, ceiling fan and walk-in closet in each bedroom. New laundry facilities on every floor and updated lobby decor for a

  Larry Alexander REMAX Experts

  232 S Highland St Unit 505, Memphis, TN 38111
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  /10

  $130,000

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

  157 Cedar Ave, Memphis, TN 38107

  Great investment opportunity in Memphis! 157 Cedar Ave is a solid 3-bedroom, 2-bath home that is currently being used as a short-term rental. The property sits on a quiet street and offers a functional layout, a spacious lot, and strong rental potential. All furniture can be included at no additional cost if the buyer chooses to keep it, making this a flexible and turnkey investment option.

  Jeffery Sample eXp Realty, LLC

  157 Cedar Ave, Memphis, TN 38107
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  /15

  $120,000

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

  994 N Perkins Rd, Memphis, TN 38122

  3 Bedroom all Brick home with New Roof in great Macon/Stratford area. Exterior in good shape ~~ interior needs TLC . Bonus room on back~~ Hardwood Floors. Deep Level Lot. Owner Occupants will be prioritized~~HUD's First look Period for first 30 Days.

  Scott Housewirth Crye-Leike Inc., REALTORS

  994 N Perkins Rd, Memphis, TN 38122
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  /33

  $132,500

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

  3909 Range Line Rd, Memphis, TN 38127

  Nice renovated home in the Brookemeade neighborhood of Frayser. This move-in ready, ranch style home blends modern updates with southern charm. This 3 bed 1 bath home has its own laundry room (which saves space) covered parking, and a huge fenced backyard. Inside there's a cozy living room full of natural light as well as a dining room. Enjoy tile flooring throughout and a bright eat-in kitchen.

  Adrian Henning KAIZEN Realty, LLC

  3909 Range Line Rd, Memphis, TN 38127
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  /31

  $195,000

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

  109 N Main St Unit 1105, Memphis, TN 38103

  Fully updated downtown condo! Enjoy the view from this bright, open, corner oasis, then relax in the pool or soak in the hot tub before grilling dinner on the rooftop patio. This unit has its own washer & dryer, ample storage, furnished bedrooms, and refinished hardwood floors throughout (all appliances remain). Building amenities include pool, hot tub, workout room, rooftop patio, and event

  Rollin Rosatti Crye-Leike, Inc., REALTORS

  109 N Main St Unit 1105, Memphis, TN 38103
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  /23

  $159,500

  • 1 Bed
  • 1.5 Baths
  • 800+ Sq Ft

  92 S Main St Unit 307, Memphis, TN 38103

  Charming 1 bed/1.5 bath condo available at The One One O'Six Lofts downtown with controlled lobby access. This location can't be beat! Nestled in the heart of bustling South Main Street's pedestrian zone, you can enjoy downtown living at its best. Centrally located to numerous restaurants and bars, shopping and attractions including Beale Street, FedEx Forum, The Orpheum, Tom Lee Park and the

  Chris Garland Crye-Leike, Inc., REALTORS

  92 S Main St Unit 307, Memphis, TN 38103
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  /5

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  5387 Cornstalk Cove, 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.

  Mark Hart Reedy & Company, REALTORS

  5387 Cornstalk Cove, Memphis, TN 38127
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  /15

  $105,000

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

  890 Dawn Dr, Memphis, TN 38127

  Wonderful 4 Bedroom, 1 Bath home in great shape. Currently rented @ $1050/month. Market Rent $1350. House was remodeled in 2022, new interior, new bathroom, kitchen, roof, HVAC, Furnace, and hot water heater. Do not disturb tenant, all offer contingent on inspection. No wholesale or owner finance offers will be considered.

  Brett Bernard The Stamps Real Estate Company

  890 Dawn Dr, Memphis, TN 38127
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  /15

  $130,000

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

  1852 Swift St, Memphis, TN 38109

  Appraised at $148K, offered at only $130K! Tenant in place paying $1,250/mo. Strong rental return or move-in ready home with built-in equity.Updated 3 Bed, 2 Bath Home with Carport, 1540 Sq Ft. of living space. Whether you're a first-time homebuyer or a savvy investor, this charming 3-bedroom, 2-bath home is a must-see! This property is move-in ready with updates throughout, and the home recently

  Courtney Staples Keller Williams

  1852 Swift St, Memphis, TN 38109
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  /8

  $112,000

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

  1167 Gordon St, Memphis, TN 38122

  Three Bedroom Home for Sale. Located just West of Homer off Macon. Brick home on Cove Lot. Features Hardwood Floors, Central Heat and Air, Nice Size Kitchen, Split Bedroom, and More. Tenant occupied $1050/ month.

  Jimmy Kennedy KAIZEN Realty, LLC

  1167 Gordon St, Memphis, TN 38122
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  /3

  $110,000

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

  3296 Madewell St, Memphis, TN 38127

  Investment Opportunity – 3 Bed, 2 Bath Tenant-Occupied Property Great opportunity to start or expand your real estate portfolio with this income-producing property! This 3-bedroom, 2-bath home is currently tenant-occupied, offering immediate rental income. Please note: Property is tenant-occupied. No showings will be scheduled without an accepted offer. Don’t miss out on this turnkey

  Tina Andrade Fast Track Realty, LLC

  3296 Madewell St, Memphis, TN 38127
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  /11

  $134,900

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

  1401 Alamo St, Memphis, TN 38114

  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.

  Mark Hart Reedy & Company, REALTORS

  1401 Alamo St, Memphis, TN 38114
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  /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
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  /13

  $164,899

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

  4866 Willow Rd, Memphis, TN 38117

  Beautiful hardwoods and new paint. Really nice East Memphis location. Renovated last month. Photos are current.

  Les Jones Brookfield Properties, Inc.

  4866 Willow Rd, Memphis, TN 38117
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  /5

  $155,000

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

  4113 Wilmette Ave, Memphis, TN 38108

  ** INVESTORS *** Good location of this income generating property. 3 bedrooms, 2 baths in the Kingsbury / Macon area. Current rent is $1,250/month. Contact your real estate agent for more information. Internal photos upon request.

  Silvana Piadade eXp Realty, LLC

  4113 Wilmette Ave, Memphis, TN 38108
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  /15

  $177,000

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

  6395 Golden Park Dr, Memphis, TN 38141

  Charming 3-bedroom, 2-bath home nestled in the desirable 38141 area! This move-in-ready property offers a warm and functional layout, excellent curb appeal, and a spacious fenced backyard—perfect for relaxing, entertaining, or making a smart investment.

  Thomas Zettergren Premier Realty Group, LLC

  6395 Golden Park Dr, Memphis, TN 38141
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  /23

  $200,000

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

  5020 Gardenwood Dr, Memphis, TN 38116

  Spacious 4BR/3BA home on a corner lot in sought after Whitehaven. Separate living, dining, and eat-in kitchen. Three bedrooms and bath up, primary suite down with large sitting room, jacuzzi tub, and separate shower. Big fenced backyard. Needs TLC but has great potential. Sold AS IS.

  Cynthia Murrell The Regal Group

  5020 Gardenwood Dr, Memphis, TN 38116
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  /10

  $195,000

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

  7875 Brady Creek Cove, Cordova, TN 38016

  This charming home offers 3 bedrooms and 3 full bathrooms, featuring an updated kitchen and bathrooms. Enjoy relaxing gas log fireplace in the inviting open living space. All appliances stay! Step outside to a cozy fenced back yard with a lovely patito. The HVC system just a few years old.

  Lila Mehdian Crye-Leike, Inc., REALTORS

  7875 Brady Creek Cove, Cordova, TN 38016
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  /14

  $137,900

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

  3687 King James Dr, Memphis, TN 38118

  Fantastic home and ready for a new family! Tile and NEW carpet throughout with fresh paint. Neutral colors and a blank pallet ,ready for your own personal touches. Big, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  3687 King James Dr, Memphis, TN 38118
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  /19

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $100,000 on its own. Unfurnished. 2 BR - 1 Bath - First floor flat. Central heat/air. refrigerator and range included. Gated entry to building. You may drive by, but parking is

  Felix Bishop Crye-Leike, Inc., REALTORS

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104
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  /12

  $115,000

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

  668 Westview Rd, Memphis, TN 38109

  Being sold AS-IS. Nice 3-bedroom, 1- bathroom home on a 0.71-acre lot that offers privacy. Rent ready for investors. One highlight of this property is the large den/great room. Lot is large enough for a garden, garage and/or storage building. The seller welcomes all offers.

  Sharon Harris Keller Williams

  668 Westview Rd, Memphis, TN 38109
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  /30

  $175,000

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

  516 E Raines Rd, Memphis, TN 38109

  REDUCED for quick sale! Well-maintained 6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking pad—perfect for rental income or

  Lucinda George BenchMark REALTORS, LLC

  516 E Raines Rd, Memphis, TN 38109
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  /25

  $110,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  108 N Belvedere Blvd Unit 37, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000.. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $110,000 on its own. Fully furnished 2 BR - 1 Bath - First floor flat, including kitchen needs, bedding, linins Big screen TV with ROKU and sound bar/woofer, and accessories. Central

  Felix Bishop Crye-Leike, Inc., REALTORS

  108 N Belvedere Blvd Unit 37, Memphis, TN 38104
• 

  

  /15

  $135,000

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

  668 Spring St, Memphis, TN 38112

  Charming home near the restaurants and shops of Broad Street! Come see what this adorable home has to offer. As-is Sale

  Jo Ann Langlois 901 Properties

  668 Spring St, Memphis, TN 38112

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