Memphis, TN Homes for Sale under $200,000

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  /8

  $127,800

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

  3516 Suzanne Dr, Memphis, TN 38127

  Terrific investment opportunity. Professionally managed and cash flowing property. Deposit is $900. Rent is $1278/mo. Lease is m2m. Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263 Sunrise, 3516

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3516 Suzanne Dr, Memphis, TN 38127
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  /15

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,634 Sq Ft

  3219 Holly Berry Dr, Memphis, TN 38118

  Beautifully updated 4-bedroom, 2-bath home in the desirable Easthaven area of Memphis. Offering over 1,400 sq. ft. of comfortable living space, this property features an upgraded kitchen and bathrooms, plus a fully fenced backyard perfect for outdoor enjoyment. Move-in ready and waiting for its new owner—schedule your showing today!

  Curt Davis KAIZEN Realty, LLC

  3219 Holly Berry Dr, Memphis, TN 38118
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  /19

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,092 Sq Ft

  4405 Aloha Ave, Memphis, TN 38118

  Welcome home to this charming, beautifully remodeled 3-bedroom, 1-bath residence featuring a versatile bonus room, perfect for a home office, playroom, or guest space. Step inside to discover updated finishes, fresh paint, and modern touches throughout, creating a warm and inviting atmosphere. Enjoy the spacious backyard, ideal for entertaining, gardening, or even future expansion possibilities.

  Cristina Camacho Fast Track Realty, LLC

  4405 Aloha Ave, Memphis, TN 38118
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  /26

  $145,000

  • 4 Beds
  • 2 Baths
  • 2,746 Sq Ft

  1429 Greendale Ave, Memphis, TN 38127

  SPACIOUS!! Bring your buyers to see this 4BR, 2BA home. Beautiful brick exterior with large covered front porch. Large rooms, Living/Dining combo, large eat-in kitchen and Bonus TV Room. All on one floor...carpet thru-out! Perfect home for entertaining.Being sold as is.

  John Payne BEST Real Estate Company

  1429 Greendale Ave, Memphis, TN 38127
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  /23

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,754 Sq Ft

  3331 Chancellor St, Memphis, TN 38118

  Welcome home to this charming 3-bedroom, 2-bath brick beauty offering comfort, character and convenience all in one. Step inside to find hardwood floors flowing throughout the main living spaces, creating a warm and inviting atmosphere. The well-designed floor plan includes a cozy living area. The separate laundry room adds extra functionality and keeps daily tasks tucked away. Outside, enjoy a

  Samantha Ward Fast Track Realty, LLC

  3331 Chancellor St, Memphis, TN 38118
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  /17

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  535 Gilleas Rd, Memphis, TN 38109

  Looking for that Perfect starter home? This amazing 3 Bedroom 1 bathroom Home will be perfect. Complete with a carport, a covered front porch, an updated Bathroom, and Nice Flooring. Don't wait too long! Make your appointment today before it is gone!

  Jennifer Clark KAIZEN Realty, LLC

  535 Gilleas Rd, Memphis, TN 38109
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  /30

  $137,000

  • 3 Beds
  • 2 Baths
  • 1,356 Sq Ft

  3537 Deerwood Ave, Memphis, TN 38111

  This charming single family home located at 3537 Deerwood Ave in Memphis, TN was built in 1955. It features 2 bathrooms, a finished area of 1,356 sq.ft., and sits on a spacious lot measuring 6,578 sq.ft. With a cozy feel and ample living space, this property is perfect for those looking for a comfortable and inviting home in a desirable neighborhood.

  Daniel Demers Sell Your Home Services LLC

  3537 Deerwood Ave, Memphis, TN 38111
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  /25

  $131,500

  • 1 Bed
  • 1 Bath
  • 718 Sq Ft

  109 N Main St Unit 1207, Memphis, TN 38103

  Experience downtown living at its finest in this 12th-floor one-bedroom, one-bath condominium at the Claridge House in Memphis. This inviting residence features a comfortable living room and kitchen, all elevated above the city to capture natural light and scenic views. Located just steps from popular bars, restaurants, and scenic parks along the Mississippi River, this condo offers an unbeatable

  Vicki Blackwell Crye-Leike, Inc., REALTORS

  109 N Main St Unit 1207, Memphis, TN 38103
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  /18

  $119,500

  • 3 Beds
  • 1.5 Baths
  • 1,210 Sq Ft

  3766 Argonne St, Memphis, TN 38127

  Reduced for a quick sale. Fully rehabbed 3BR with NEW roof, NEW Kitchen, NEW half bath + laundry. Large 0.44-acre lot. Beautifully refinished hardwood floors throughout. FHA/VA/Conventional

  Candice Thomas Vylla Home

  3766 Argonne St, Memphis, TN 38127
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  /26

  $149,900

  • 4 Beds
  • 3 Baths
  • 2,102 Sq Ft

  961 N Dunlap St, Memphis, TN 38107

  Great opportunity to own an income-producing duplex in an up-and-coming area with strong growth and rental demand. Both units are currently vacant, giving the new owner a rare chance to set market rents immediately and maximize cash flow from day one. One unit has been completely remodeled, making it highly attractive to tenants, while the second unit offers solid rental potential with room to

  Tyler Bowman Weichert, REALTORS-BenchMark

  961 N Dunlap St, Memphis, TN 38107
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  /17

  $125,000

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

  3797 Deer Forest Dr, Memphis, TN 38115

  Wonderful Home for Sale – 2 Bedrooms, 1 Bathroom, features 2 spacious bedrooms, . It includes a wood kitchen with an open-concept layout, seamlessly connected to the living areas for a warm and inviting feel. Additionally, the property: offers a completely fenced garden.

  Itzel Sanchez Bustamante Keller Williams

  3797 Deer Forest Dr, Memphis, TN 38115
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  /2

  $189,900

  • Land
  • 0.41 Acre
  • $463,171 per Acre

  32 Timber Creek Dr, Memphis, TN 38018

  Vacant lot to build retail, office Building.

  Nataraja Krishnaraju Crye-Leike, Inc., REALTORS

  32 Timber Creek Dr, Memphis, TN 38018
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  /20

  $109,900

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft

  3757 Faxon Ave, Memphis, TN 38122

  Lovely move-in ready 2br 1ba in Berclair now available! This would make an excellent investment opportunity or an owner/occupant. The owner just did a refresh if the inside. Vacant, easy to show! This is an opportunity zone and qualifies for 100% financing if you're an owner/occupant!

  Caleb Parr Renshaw Company, REALTORS

  3757 Faxon Ave, Memphis, TN 38122
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  /12

  $139,000

  • 2 Beds
  • 2 Baths
  • 1,915 Sq Ft

  1345 Tutwiler Ave, Memphis, TN 38107

  As-is, Excellent investment opportunity in the desirable Crosstown Community.This 2-bedroom, 2-bath home offers a basement and lots of space! Being sold as-is, it's ideal for investors or buyers looking to renovate and maximize rental income. This home is being sold as-is and will require some renovations. Whether you're expanding your portfolio or seeking a fixer-upper in a growing area, 1345

  Anthony Glenn KAIZEN Realty, LLC

  1345 Tutwiler Ave, Memphis, TN 38107
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  /6

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,501 Sq Ft

  3935 N Trezevant St, Memphis, TN 38127

  This well-located single-family home in the established Frayser area offers a solid opportunity for homeowners or investors seeking space, character, and potential. Situated on a generous lot in the Brookmeade Gardens subdivision, the property is vacant and ready for immediate possession. A spacious floor plan with a functional layout. One fireplace that adds warmth and character. Quiet

  Juliette Moore Crye-Leike, Inc., REALTORS

  3935 N Trezevant St, Memphis, TN 38127
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  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,243 Sq Ft

  3969 N Trezevant St, Memphis, TN 38127

  INVESTORS ONLY – TURNKEY CASH FLOW! Solid 3-bedroom, 1-bath brick property generating $995/month in rental income with a long-term, reliable tenant in place. Lease renewed through 10/31/2026, with a proven on-time payment history since 2017. Low-maintenance brick exterior, spacious eat-in kitchen, comfortable living room, three well-sized bedrooms, and desirable corner lot. Professionally managed

  Jeremy Veldman KAIZEN Realty, LLC

  3969 N Trezevant St, Memphis, TN 38127
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  /15

  $173,900 Open Sun 2PM - 5PM

  • 3 Beds
  • 1.5 Baths
  • 1,614 Sq Ft

  4789 Judy Lynn Ave, Memphis, TN 38118

  COMPLETELY RENOVATED HOME. Brand new roof, brand new air conditioning condenser, BRAND NEW FULLY RENOVATED KITCHEN WITH NEW CABINETS AND GRANITE COUNTER TOPS. Brand new stainless steel gas range/oven, vent-a-hood, dishwasher, and food disposal. All new light and plumbing fixtures throughout. Beautiful refinished hard wood floors and LVP vinyl Plank flooring. Storm windows, low maintenance vinyl

  Brett Bernard The Stamps Real Estate Company

  4789 Judy Lynn Ave, Memphis, TN 38118
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  /2

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  4473 Longtree Ave, Memphis, TN 38128

  INVESTERS ONLY! Lovely 3 bed 2 bath home currently rented for $1100/mo. Professionally managed by Cicely Buckley. Unincorporated Shelby County (No City Taxes, which helps with your ROI). Cash Offers Only. No Creative or Owner Financed Offers. No Wholesale or Assignment. Seller also selling 599 Blackhawk, 4394 Janssen, 4973 Longtree, 4395 Ann Arbor, 80 E. Bodley (Can buy in bulk or individually)

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4473 Longtree Ave, Memphis, TN 38128
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  /18

  $109,950

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

  3388 Lord Dunmore Cove, Memphis, TN 38134

  Well maintained 3 bed/2.5 bath condo in Bartlett! Pretty wood laminate floor in living areas ~ Main bedroom offers walk-in closet & full bath. Full hallbath. Huge attic space with attic pulldown. Private fenced patio.

  KC Lam Cordova Realty, Inc.

  3388 Lord Dunmore Cove, Memphis, TN 38134
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  /15

  $134,900

  • 4 Beds
  • 1.5 Baths
  • 1,341 Sq Ft

  4627 Crystal Springs Dr, Memphis, TN 38128

  Lovely 4 bedroom 1 & a half bathroom home that is located on a quiet street. Seller just installed had exterior repairs completed, plus new interior paint and new flooring in January 2026. Home is in move-in condition. No Creative or Owner Financed Offers. No Wholesale or Assignment. FHA/ VA/ Conventional offers welcome! This home qualifies for special 100% financing thru Pinnacle Bank. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4627 Crystal Springs Dr, Memphis, TN 38128
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  /2

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  3566 Ladue St, Memphis, TN 38127

  This property is ready. Hardwood throughout, upgraded units, heating and air and roof. 3 bedrooms and 1.5 baths. Don’t miss this next opportunity to live in established brick home with large picture window, large backyard and shed.

  Marceline Williams LPT Realty, LLC

  3566 Ladue St, Memphis, TN 38127
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  /13

  $145,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2974 Waverly Ave, Memphis, TN 38111

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  2974 Waverly Ave, Memphis, TN 38111
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  /7

  $116,500 New Construction

  • 1 Bed
  • 1 Bath
  • 687 Sq Ft

  818 Semmes St, Memphis, TN 38111

  Beautiful one-bedroom, one-bathroom cottage with an office known as "Merigold Cottage" is now available for first-time homebuyers only. NO investors. Buyer must meet HUD 2025 80% AMI total household income eligibility. See info in MLS docs. The Seller is offering a one-year builder's warranty, and $25K downpayment assistance is also available. Range/oven and dishwasher will be installed before

  Tammy Coleman Legendary Realty

  818 Semmes St, Memphis, TN 38111
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  /27

  $109,000

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  3646 Overton Crossing St, Memphis, TN 38127

  Nicely upkept and recently updated 3 Bed 2 Bath home perfect for investors looking to add to their portfolio. LVP flooring throughout, ring doorbell camera, range, new gas water tank, new furnace, newer condnsor and coil. Large corner lot with partially fenced yard and plenty of parking. Currently rented MHA on a new lease January 2026.

  Michael Valenza eXp Realty, LLC

  3646 Overton Crossing St, Memphis, TN 38127
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  /22

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,090 Sq Ft

  3744 Deerwood Cove, Memphis, TN 38111

  Completely renovated 4-bedroom, 2-bath home featuring LVP flooring and smooth ceilings throughout. Updated kitchen offers upgraded cabinets, new countertops, stylish backsplash, and new appliances to be installed. Detached carport. Located in a quiet cove on a spacious lot with a generous backyard.

  Antonio Walton The Home Partners Realty

  3744 Deerwood Cove, Memphis, TN 38111
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  /14

  $109,900

  • 3 Beds
  • 1 Bath
  • 913 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! NO BLIND OFFERS!!!

  Jimmie Hopson Crye-Leike, Inc., REALTORS

  4374 Ford Rd, Memphis, TN 38109
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  /17

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,059 Sq Ft

  190 E Fernwood Ave, Memphis, TN 38109

  This beautiful home has been completely updated from top to bottom! It features a new 30-year architectural roof, fresh paint inside and out, updated lighting, and beautiful commercial-grade, low-maintenance waterproof LVP flooring. The bathroom has been fully renovated with new tile, vanity, tub, mirror, and lighting. The kitchen boasts brand-new cabinets with soft-close drawers, new

  Wei Zhai eXp Realty, LLC

  190 E Fernwood Ave, Memphis, TN 38109
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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,288 Sq Ft

  1452 Castalia St, Memphis, TN 38114

  INVESTOR SPECIAL!!! Investors are welcomed!!! Perfect for investors who want a fully renovated home to added to their portfolio!! Tenant set to move Jan 2026. Home was fully rehabbed in 2022 with numerous upgrades including new flooring throughout, new windows, updated bathroom, new fixtures, new HVAC system and new water heater. Guaranteed income with minimal maintenance needs.

  Ivana Johnson Coldwell Banker Collins-Maury

  1452 Castalia St, Memphis, TN 38114
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  /23

  $138,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1120 Parkland Rd, Memphis, TN 38111

  Welcome to 1120 Parkland Rd, Memphis, TN 38111—a warm and inviting home ready for a new family to create lasting memories. Situated in a generous .25-acre lot, this beautifully updated 2-bedroom, 1-bath home also includes a versatile office space with its own private entry, perfect for a home office, playroom, or guest area. The home has been thoughtfully renovated with a new roof, new windows, a

  Cecilia Fernandez The Home Partners Realty

  1120 Parkland Rd, Memphis, TN 38111
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  /9

  $178,000

  • 4 Beds
  • 2 Baths
  • 1,246 Sq Ft

  5 E Byfield Dr, Memphis, TN 38109

  Welcome to 5 East Byfield Drive, Memphis, TN 38109! This 4-bedroom, 2-bath property is an excellent opportunity for both investors and homeowners. With hard-surface flooring throughout, a bright and spacious living area, and a modern kitchen featuring large shaker cabinets, a range, and a vent-a-hood, this home offers durability, functionality, and long-term value. Enjoy the comfort of central

  James Wachob Foundation Property Management

  5 E Byfield Dr, Memphis, TN 38109
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  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127
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  /18

  $150,000

  • Land
  • 4.03 Acres
  • $37,221 per Acre

  0 Macon Rd Unit 10186997, Cordova, TN 38016

  **NEW PRICE** Rare find! This beautiful 4-acre parcel has been lovingly owned by the seller for nearly 50 years and is now available for you to build your dream home. Enjoy a slice of the country life just a half mile from shops and restaurants. No city taxes! Utilities and public water at frontage. Will require septic system. Soil Mapping has been completed and property has good soil for septic.

  Larry Holtermann Coldwell Banker Collins-Maury

  0 Macon Rd Unit 10186997, Cordova, TN 38016
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  /31

  $116,500

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

  3245 Sinclair St, Memphis, TN 38127

  Investment opportunity. Tenant occupied property available for sale. Investors only. Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1675 Haywood, 1247 Vistaview, (can buy these homes in bulk or individually). Property was

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3245 Sinclair St, Memphis, TN 38127
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  /11

  $161,000

  • 4 Beds
  • 2 Baths
  • 1,421 Sq Ft

  1387 Oak Ridge Dr, Memphis, TN 38111

  Now with a private mother-in-law suite! This East Memphis home offers a rare setup with a separate-entrance suite—perfect for extended family, guests, or income potential. Enjoy flexible living with privacy built in, whether you need space for relatives, a home office, or a rental option. Conveniently located near shopping, dining, and everyday essentials, this home delivers versatility that’s

  Bill Pointer Get Listed

  1387 Oak Ridge Dr, Memphis, TN 38111
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  /2

  $107,500

  • 4 Beds
  • 2 Baths
  • 1,363 Sq Ft

  1898 E Mclemore Ave, Memphis, TN 38114

  Charming 3BR/2BA Home w/ Bonus Room~Property Recently Vacated~Professionally Managed by Local PM Company~Interior Photos Will Be Uploaded Monday February 9~Seller is also selling 3791 Marvin ($80k), 2933 N Radford ($70k) and 2933 N Radford ($70,000). Seller is not interested in creative financing offers or owner financing offers.

  Jennifer Carstensen Real Estate Agency

  1898 E Mclemore Ave, Memphis, TN 38114
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  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 853 Sq Ft

  2961 Southwall Cove, Memphis, TN 38114

  Great opportunity for investors or buyers looking to add value! This property is being sold as-is and offers strong potential as a rental or renovation project. Conveniently located near major roads, shopping, and employment centers, this home provides easy access to everything Memphis has to offer. Whether you’re looking for a long-term rental, fix-and-hold, or flip opportunity, 2961 Southwall

  Alex Evans Reedy & Company, REALTORS

  2961 Southwall Cove, Memphis, TN 38114
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  /17

  $109,500

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  1503 Swift St, Memphis, TN 38109

  Realtors, when submitting your offer, please use the attached MLS documents with the preapproval. Perfect empty nester! This gorgeous, renovated home is located within a ten-minute drive of downtown Memphis and West Memphis. This home offers new flooring throughout. The interior & exterior have been newly painted, and it features new cabinets, interior & exterior lighting, ceiling fans, and

  KaTrina Kelly-Isom 4 Success Realty, LLC

  1503 Swift St, Memphis, TN 38109
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  /2

  $175,000

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

  1039 Lagrange Ave, Memphis, TN 38107

  Welcome to 1039 Lagrange Avenue, a cozy 4-bedroom, 2-bath home in a convenient Memphis location. This well-maintained property features luxury vinyl plank flooring throughout, fresh paint, a spacious living area, and a modern kitchen with new shaker cabinets. Enjoy a large yard perfect for outdoor activities. Amenities include central air, ceiling fans, climate control, heat, mirrors, vinyl

  James Wachob Foundation Property Management

  1039 Lagrange Ave, Memphis, TN 38107
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  /2

  $101,900

  • 3 Beds
  • 1 Bath
  • 1,313 Sq Ft

  1379 Quinn Ave, Memphis, TN 38106

  DPA accepted. This is your opportunity to own your home.

  Andre Pruitt TRG Real Estate Services, LLC

  1379 Quinn Ave, Memphis, TN 38106
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  /33

  $199,000

  • 2 Beds
  • 1.5 Baths
  • 1,352 Sq Ft

  506 Peabody Square Unit 506, Memphis, TN 38104

  Super nice corner townhome in sought after Peabody Square! 2 bedroom/1.5 bath unit with hardwood floors in main living area. Light filled rooms, laundry closet and charming patio for relaxing and grilling. Two bedrooms up with ample closet space. Community pool. Perfect Midtown location! Hurry! Make your appointment today! This won't last!

  Lynda Baddour Ware Jones, REALTORS

  506 Peabody Square Unit 506, Memphis, TN 38104

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