Memphis, TN Homes for Sale under $200,000

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  /2

  $135,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,112 Sq Ft

  4401 Quince Rd, Memphis, TN 38117

  15k price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1195/mo with a market rent of $1500/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes

  William Haynes Crye-Leike, Inc., REALTORS

  4401 Quince Rd, Memphis, TN 38117
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  /2

  $164,000

  • Land

  8534 Geiberger Dr, Memphis, TN 38016

  New gated community adjacent to the historical Colonial Country Club golf course. This is an isolated, secluded, beautiful setting to build your dream home. Come see today! You won't believe the setting!

  Lauran Powers Powers Realty, LLC

  8534 Geiberger Dr, Memphis, TN 38016
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  /21

  $148,000

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

  5995 Lofty Oak Rd, Memphis, TN 38115

  GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2026. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

  Jeremy Veldman KAIZEN Realty, LLC

  5995 Lofty Oak Rd, Memphis, TN 38115
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  /13

  $60,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 648 Sq Ft

  2105 Farrington St, Memphis, TN 38109

  Michelle Batts KAIZEN Realty, LLC

  2105 Farrington St, Memphis, TN 38109
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  /32

  $125,000

  $5K PRICE DROP

  • 2 Beds
  • 3 Baths
  • 1,346 Sq Ft

  5718 Quince Rd Unit 13, Memphis, TN 38119

  Welcome to Yorkshire Gardens, a beautifully maintained East Memphis community known for its mature landscaping, exceptional amenities, and unbeatable location. This spacious 2-bedroom, 1.5-bath townhome offers 1,346 square feet, making it one of the largest floor plans in the subdivision. Both bedrooms are located upstairs, providing privacy from the main living areas below. Enjoy a private

  Marina Brinkley Coldwell Banker Collins-Maury

  5718 Quince Rd Unit 13, Memphis, TN 38119
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  /2

  $15,000

  $5K PRICE INCREASE

  • Land
  • 6,098 Sq Ft
  • $107,143 per Acre

  1579 Southern Ave, Memphis, TN 38114

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1579 Southern Ave, Memphis, TN 38114
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  /2

  $99,900

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,375 Sq Ft

  1748 Eldridge Ave, Memphis, TN 38108

  Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38108 area. Cash flowing with a monthly rental amount of $1,050/month. Lease ends on 4/30/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1748 Eldridge Ave, Memphis, TN 38108
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  /10

  $103,500

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Special financing and grants available for this great property!!! Wonderful home for sell at a great improved price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more.This home qualifies for great financing and forgivable

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
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  /15

  $84,900

  • 3 Beds
  • 2 Baths
  • 1,225 Sq Ft

  3795 Black Forest Dr, Memphis, TN 38128

  This residential home has 3 bedrooms, 2 baths and is located in a quiet and established suburban neighborhood in Memphis. Home has approximately 1225 sq ft, nice back yard. The area offers convenient access to nearby schools, grocery stores, parks, and major roadways, making daily errands and commuting simple and efficient.

  Alexis Martz Trelora Realty

  3795 Black Forest Dr, Memphis, TN 38128
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  /6

  $65,000

  • 4 Beds
  • 1.5 Baths
  • 1,164 Sq Ft

  859 N Ball Rd, Memphis, TN 38106

  Investor Special – Sold As-Is! Cash Only This charming 4-bedroom, 1-bath home is full of potential and sits on a spacious lot of just over an acre. With a little work, this property would make a great rental or a wonderful home in a well-established neighborhood. Don’t miss this opportunity to invest in a promising property!

  Lakesha Lilly Leatherwood The Home Partners Realty

  859 N Ball Rd, Memphis, TN 38106
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  /11

  $85,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 813 Sq Ft

  3043 Coleman Ave, Memphis, TN 38112

  Great opportunity at a great improved price! This professionally managed home is rented for $895/mo putting it above the 1% rule! This property features hardwood floors, two bedrooms, a large kitchen, a detached garage, a great location, no carpet and a ton of charm! Book your tour today for this great opportunity. Seller also has 580 Blackhawk Rd available for sell. NO SHOWINGS WITHOUT AN

  William Haynes Crye-Leike, Inc., REALTORS

  3043 Coleman Ave, Memphis, TN 38112
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  /7

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  1937 Pinedale Ave, Memphis, TN 38127

  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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1937 Pinedale Ave, Memphis, TN 38127
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  /7

  $80,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1428 Smythe Ave Unit 58, Memphis, TN 38114

  Currently leased at $865 per month through 08/16/2026. This 2-bedroom, 1-bath home features original hardwood floors, central heat and air, ceiling fans, window coverings, laundry hookups, and a functional kitchen with ample cabinet and counter space. The property has been updated and shows solid overall condition with a clean, well-kept interior and durable exterior construction. Built in 1950,

  James Wachob Foundation Property Management

  1428 Smythe Ave Unit 58, Memphis, TN 38114
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  /8

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,369 Sq Ft

  3100 Signal St, Memphis, TN 38127

  ATTENTION INVESTORS! This 3 bedroom, 1 bathroom brick home was recently refreshed and is rented for $1,050/month. Lease is good until 11/30/2026. Tenant is current with rent and pays on time each month. Home features spacious den with fireplace, 1 car garage, walk up attic for convenient storage, large back yard, convenient location and many other amenities that will keep this home in consistent

  Jeremy Veldman KAIZEN Realty, LLC

  3100 Signal St, Memphis, TN 38127
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  /2

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,286 Sq Ft

  4566 Fawn Hollow Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,425/month with an active lease through 9/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4305 Creekbed Cv. listed at $155,000 rented at $1169 and 4529 Country Brook Dr. listed at $150,000 and rented at $1350. Sold AS-IS. Do not disturb tenant. Inspection

  James Johnson Crestcore Realty, LLC

  4566 Fawn Hollow Cove, Memphis, TN 38141
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  /35

  $114,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,280 Sq Ft

  3372 Spring Shadow Dr, Memphis, TN 38118

  Contemporary 3-bedroom, 2-bathroom ranch in the established Easthaven community. This move-in-ready 1,316 sq. ft. home features a functional open layout, cozy stone fireplace, and a private 1-car garage. Situated on a manageable 0.18-acre lot with a timeless partial-stone exterior. Ideal for those seeking a blend of classic Memphis charm and modern convenience. Schedule your showing today!

  Alexis Martz Trelora Realty

  3372 Spring Shadow Dr, Memphis, TN 38118
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  /2

  $30,000

  $5K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $250,000 per Acre

  1608 Netherwood Ave, Memphis, TN 38106

  Vacant lot in the Glenview neighborhood. Flat lot and ready to build on. Utilities service from rear of lot. R-6 (H) zoning. Two other lots in the neighborhood also listed.

  Rob Thompson Bluff City Realty Group, LLC

  1608 Netherwood Ave, Memphis, TN 38106
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  /15

  $42,000

  • 1 Bed
  • 1 Bath
  • 686 Sq Ft

  2868 Choctaw Ave, Memphis, TN 38114

  Investors! Welcome to a lovely 1 Bed/1 Bath rental that is cash flowing at $695 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease is for $725/mo and runs through 10/31/2026, so don't miss this opportunity to expand your portfolio!

  Joshua Cooper Sowell, Realtors

  2868 Choctaw Ave, Memphis, TN 38114
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  /13

  $119,000

  • 4 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1889 Marjorie St, Memphis, TN 38106

  Recently updated 4 bedroom, 1 bath home in a great location. Do not miss out on this opportunity!

  Marissa Miller The Stamps Real Estate Company

  1889 Marjorie St, Memphis, TN 38106
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  /10

  $110,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,156 Sq Ft

  2100 Stovall Ave, Memphis, TN 38108

  Fully renovated home that is perfect for your next investment. Freshly painted, new floors, water heater, roof and many other upgrades. Schedule your showing today. Property is rented for $950

  Keino Spring Harris & Harris Realty Group

  2100 Stovall Ave, Memphis, TN 38108
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  /11

  $139,900

  $9K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,357 Sq Ft

  1507 Oakwood St, Memphis, TN 38108

  1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with

  Jonathan Nunez Fast Track Realty, LLC

  1507 Oakwood St, Memphis, TN 38108
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  /12

  $122,000

  • 3 Beds
  • 2 Baths
  • 1,330 Sq Ft

  4109 Knob Dr, Memphis, TN 38127

  GREAT INVESTOR OPPORTUNITY!!! NEW ROOF, NEW PAIINT, NEW LIGHT FIXTURES, NEW HVAC, NW WATER HEATER, NEW FLOORING, AND MORE.

  Fredrick Cunningham Keller Williams

  4109 Knob Dr, Memphis, TN 38127
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  /2

  $109,150

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  Currently leased at $955 per month through 02/28/2027. Investor opportunity featuring a well-maintained 3-bedroom, 1-bath home with a functional single-level layout. This property offers a low-maintenance design, separate dining area, central heat and air, and a traditional floor plan that supports everyday living. The home appears to be in solid condition with good curb appeal and a clean,

  James Wachob Foundation Property Management

  3696 Parfet Cove, Memphis, TN 38128
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  /2

  $5,000

  • Land
  • 3,049 Sq Ft
  • $71,429 per Acre

  0 S 3rd St, Memphis, TN 38103

  Commercial Lot/Land available, great business opportunity. Can be sold together with MLS #'s 10199306,10199303,10198754,10199299

  Jeff Goff Keller Williams

  0 S 3rd St, Memphis, TN 38103
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  /35

  $64,900

  • 4 Beds
  • 2.5 Baths
  • 2,022 Sq Ft

  1380 Melrose Cove, Memphis, TN 38106

  This 2-story brick home offers 3 bedrooms and 2 bathrooms and is conveniently located in a quiet cove. Just minutes from Downtown Memphis with easy access to nearby freeways, the location provides excellent convenience for commuting, dining, and entertainment. The property is being sold AS-IS and will require repairs and updates, making it a great opportunity for investors or buyers looking to

  Chris Mosby ResiAmerica, Inc.

  1380 Melrose Cove, Memphis, TN 38106
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  /2

  $115,000

  $20K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  3517 N Watkins St, Memphis, TN 38127

  Investment opportunity. 3 bedr. 1 bath. .$1,450 per month rent

  Harry Samuels Pinnacle Realty

  3517 N Watkins St, Memphis, TN 38127
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  /29

  $130,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,198 Sq Ft

  3066 Redbud Rd, Memphis, TN 38109

  Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property

  Donnie Morrow eXp Realty, LLC

  3066 Redbud Rd, Memphis, TN 38109
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  /2

  $78,800

  • Land
  • 7,405 Sq Ft
  • $463,529 per Acre

  1056 Roland St, Memphis, TN 38114

  3 - 50 x 150 Vacant Home Lots - 1056, 1060 and 1064 Roland Street. Ready to build. Seller is a licensed Real Estate Agent

  Chris Garland Crye-Leike, Inc., REALTORS

  1056 Roland St, Memphis, TN 38114
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  /2

  $132,900

  • 3 Beds
  • 2 Baths
  • 1,768 Sq Ft

  4232 Bacon St, Memphis, TN 38128

  Don't miss this opportunity to grab a cash-flowing investment property located in Raleigh near tons of jobs and commerce. This property has over 1700 sq ft so it will stay in demand with the tenant base. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4232 Bacon St, Memphis, TN 38128
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  /2

  $90,000

  $20K PRICE DROP

  • Land
  • 10,890 Sq Ft
  • $360,000 per Acre

  4539 Weaver Rd SW, Memphis, TN 38109

  TWO (2) PARCELS....OVER 12 ACRES..... GREAT LOCATION FOR BUILDING NEW AFFORDAABLE HOUSING IN SOUTHWEST SHELBY COUNTYT..... EXCELLENT FRONTAGE!!! PRICE REDUCED!!!

  Georgia Torrance Torrance Real Estate

  4539 Weaver Rd SW, Memphis, TN 38109
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  /7

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,027 Sq Ft

  4524 Flamingo Rd, Memphis, TN 38117

  Great home in Colonial Acres! 3 BR, 1 BA with 1,027 sqft with hardwood floors throughout. HVAC replaced in 2024. Condenser 2021, Roof 2020, Appliances 2022, Hot Water Heater 2023. Turnkey rental investment home priced right. Monthly rent is $1,500 with potential for more. DO NOT DISTURB TENANTS. Inspections will be scheduled with accepted contract. Current tenant lease ends July 31, 2026. Call

  Robert Hyde Ware Jones, REALTORS

  4524 Flamingo Rd, Memphis, TN 38117
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  /2

  $5,000

  $6K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  739 Mississippi Blvd Unit 42, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  739 Mississippi Blvd Unit 42, Memphis, TN 38126
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  /2

  $9,000

  • Land
  • 6,969 Sq Ft
  • $56,250 per Acre

  1391 Nicholas St, Memphis, TN 38107

  Why buy someone else’s dream when you can create your own? Vacant land in 38107 is your blank canvas! pc# 039019 00014 Growth alert: $310M Midtown redevelopment by Mississippi Boulevard Christian Church & Meharry Medical College—just minutes from this land!

  Karen Walker Epique Realty

  1391 Nicholas St, Memphis, TN 38107
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  /14

  $102,500

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  1450 Lambert St, Memphis, TN 38108

  INvestor Alert! An awesome opportunity to add to your portfolio. This cozy home spans 1,222 square feet and features three bedrooms and one bathroom, offering ample living space without breaking the bank. Located at the quiet end of a cove, the property promises a peaceful living environment, a single-family house available for purchase, ideally suited for buyers looking for a budget-friendly

  James Johnson KAIZEN Realty, LLC

  1450 Lambert St, Memphis, TN 38108
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  /28

  $125,000

  • 1 Bed
  • 1 Bath
  • 741 Sq Ft

  1960 N Parkway Unit 205, Memphis, TN 38112

  Amazing Remodeled Unit on the Second Floor!!!! Beautifully Designed One Bedroom condo Furnished, and Offers a perfect blend of Space, Natural Light, Convenience, and Effortless Urban Living! New Flooring, Updated Kitchen Surfaces, Oven, Dishwasher, Updated Bathroom! Has HUGE Walk In Closet and Spacious Bedroom!!! The Maintenance Fee includes Water and Electric, Building Insurance, 24/7 Access

  Bill Malone Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 205, Memphis, TN 38112
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  /12

  $60,000

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  105 N Belvedere Blvd Unit 6, Memphis, TN 38104

  Awesome opportunity in Midtown for an investor or owner occupant! This second-story condo features gas cooking and in-unit washer and dryer. For those looking for an investment property, this unit was previously rented for $1,075 per month. PACKAGE OPPORTUNITY! Seller would consider selling with: 45 N Belvedere #108, tenant occupied paying $550 per month on a month-to-month lease listed for $40k;

  Lauren Waites Real Estate Agency

  105 N Belvedere Blvd Unit 6, Memphis, TN 38104
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  /13

  $185,000

  $13K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,260 Sq Ft

  1774 Crump Ave Unit A, Memphis, TN 38107

  Investor Opportunity – Income-Producing Duplex Great investment opportunity! These duplex features two 1BR/1BA units. One unit is currently occupied on a month-to-month lease generating $550 on a year lease, providing immediate rental income, while the second unit is vacant and move-in ready. Ideal for investors or owner-occupants looking to live in one unit and rent the other. Convenient layout

  LaTonya Hammond Lawrence Johnson, REALTORS

  1774 Crump Ave Unit A, Memphis, TN 38107
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  /6

  $122,800

  • 3 Beds
  • 1 Bath
  • 944 Sq Ft

  1756 S Lauderdale St, Memphis, TN 38106

  INVESTORS ONLY!! DO NOT DISTURB TENANT. Charming 2-bedroom, 1-bath home with a practical floor plan and comfortable living spaces. The interior features a bright living room, a functional kitchen with good cabinet storage, and nicely sized bedrooms. The property also offers a spacious yard with plenty of room for outdoor enjoyment and convenient driveway parking. Situated in an established

  1756 S Lauderdale St, Memphis, TN 38106
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  /11

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,482 Sq Ft

  3294 Lockmeade Dr, Memphis, TN 38127

  Renovated, New windows, Roof, and Paint. Property is currently being rented. Owner is selling As-Is, No Owner Financing.

  Ruby Cardenas Keller Williams

  3294 Lockmeade Dr, Memphis, TN 38127
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  /10

  $126,000

  • 3 Beds
  • 1 Bath
  • 1,030 Sq Ft

  901 Chesterton Dr, Memphis, TN 38127

  This property is leased at $975 per month through 02/05/2027. Comprehensively renovated with a focus on durability and efficiency, this property offers strong long-term rental appeal. Key improvements include a new HVAC condenser, fully updated kitchen with new cabinetry and fixtures, repaired and refreshed flooring, and extensive interior drywall and paint work. Exterior upgrades feature full

  James Wachob Foundation Property Management

  901 Chesterton Dr, Memphis, TN 38127

Showing Results 521 - 560, Page 14 of 18