Memphis, TN Homes for Sale under $200,000

• 

  

  

  /23

  $149,000

  $1K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,151 Sq Ft

  1621 Oakwood St, Memphis, TN 38108

  Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets,

  Melissa Blume Thompson eXp Realty

  1621 Oakwood St, Memphis, TN 38108
• 

  

  /2

  $17,500

  $3K PRICE DROP

  • Land
  • 9,583 Sq Ft
  • $79,545 per Acre

  1040 Fields Rd, Memphis, TN 38109

  Builders / Investors get your building plans ready! Lot sold "AS IS / WHERE IS." Buyer to conduct due diligence. Please submit Approval / Proof of Funds with offer. NO WHOLESALE OFFER OR TRANSFER OF CONTRACT. **Forbid showing and negotiation with seller.** Adjacent lot 1036 Fields Rd is for sale.

  Wonda McGowan McGowan Homes & R/E Services

  1040 Fields Rd, Memphis, TN 38109
• 

  

  

  /20

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,157 Sq Ft

  2889 Randy Cove, Memphis, TN 38118

  Affordable ranch-style home with updated kitchen, bathroom, and bedrooms, luxury vinyl flooring throughout, carport, spacious backyard for outside activities., new appliances, and new installation in the attic. The exterior has also been modernized. Don’t miss this inviting 1-story home featuring 3 bedrooms and 1 bathroom with a comfortable layout designed for everyday living. The main living

  Jamie Green Harris Realty Services

  2889 Randy Cove, Memphis, TN 38118
• 

  

  

  /17

  $139,500

  • 4 Beds
  • 1 Bath
  • 1,350 Sq Ft

  3587 Hallbrook St, Memphis, TN 38127

  This beautifully updated 4-bedroom, 1-bath home blends timeless character with modern updates and is ready for its new owner. From the moment you arrive, you'll appreciate the fresh exterior paint, inviting curb appeal, covered carport, and mature shade trees. Inside, you'll find original hardwood floors throughout most of the home, complemented by fresh paint, updated lighting, and an abundance

  Shae Roberts Advantage Property Management

  3587 Hallbrook St, Memphis, TN 38127
• 

  

  /2

  $5,000

  $5K PRICE DROP

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

  1401 Latham St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1401 Latham St, Memphis, TN 38106
• 

  

  /5

  $95,000

  • 4 Beds
  • 1 Bath
  • 1,372 Sq Ft

  3673 S Deerwood Ave, Memphis, TN 38111

  1-story, 4 bedrooms and 1 bathroom home with a functional layout and plenty of potential. The living room is highlighted by a cozy fireplace, creating a welcoming focal point for the home. This property is being sold as is and offers a great opportunity for buyers looking to renovate, update, and make it their own. With some TLC and your personal vision, this home can become a wonderful place to

  Vicki Testerman Mainstay Brokerage, LLC

  3673 S Deerwood Ave, Memphis, TN 38111
• 

  

  /16

  $42,500

  • 3 Beds
  • 1.5 Baths
  • 1,721 Sq Ft

  460 Fox Valley Dr, Memphis, TN 38127

  Owner/agent - selling as is where is Call to schedule a showing

  Reginald Williams BROC Properties

  460 Fox Valley Dr, Memphis, TN 38127
• 

  /2

  $4,500

  • Land
  • 5,227 Sq Ft
  • $37,500 per Acre

  1462 Standridge St, Memphis, TN 38108

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  1462 Standridge St, Memphis, TN 38108
• 

  

  /10

  $40,000

  $5K PRICE DROP

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

  3043 Sax Rd, Memphis, TN 38109

  Investor Special – Motivated Seller! This property sits on a large lot and is being sold AS-IS. It’s a full rehab opportunity for the right buyer with vision! Whether you’re looking for your next flip, rental project, or a chance to build equity from the ground up, this home is priced to move. Seller did replace the roof

  Tanika Bland BEST Real Estate Company

  3043 Sax Rd, Memphis, TN 38109
• 

  

  /3

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,115 Sq Ft

  4612 Newton Dr, Memphis, TN 38109

  INVESTORS ONLY!!! Lovely 3bed 1bath Brick home currently rented for $895/mo with covered parking. This could be a great addition to your portfolio. Professionally managed. No sign in yard, please do not disturb tenants. Lease and Ledger available upon request. ONLINE VIDEO AVAILABLE UPON REQUEST. No creative or owner financed offers. No wholesale or assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4612 Newton Dr, Memphis, TN 38109
• 

  

  /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
• 

  

  /4

  $4,500

  • Land
  • 10,018 Sq Ft
  • $19,565 per Acre

  2129 Yazoo St, Memphis, TN 38106

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  2129 Yazoo St, Memphis, TN 38106
• 

  

  /21

  $175,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,022 Sq Ft

  3522 Stuart Rd, Memphis, TN 38111

  Well maintained investment property in the Sherwood Forest neighborhood. Front house has 2bedrooms - 1bath, living and dining room adequate living space. Back house offers 2-stories 1bedroom, 1bath full size kitchen laundry area and a walk out deck Great rental or AirBNB. Front house is currently tenant occupied.

  Karen Gray REMAX Experts

  3522 Stuart Rd, Memphis, TN 38111
• 

  

  /23

  $193,000

  $8K PRICE INCREASE

  • 2 Beds
  • 2 Baths
  • 1,673 Sq Ft

  1670 Smokehouse Dr, Cordova, TN 38016

  **You get a brand NEW HVAC installed at closing!** **Own this home for an estimated payment of under $1,600/month!** Why keep renting when you could own a home like this? *Two oversized bedrooms *Low-maintenance living *Estimated monthly payment under $1,600* Qualifies for **100% financing through First Horizon Mortgage** for eligible owner-occupant buyers Imagine coming home to a space that's

  Tamara Manuel BenchMark REALTORS, LLC

  1670 Smokehouse Dr, Cordova, TN 38016
• 

  

  /10

  $124,900

  • 4 Beds
  • 2 Baths
  • 1,084 Sq Ft

  1410 Lyceum Rd, Memphis, TN 38106

  TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 4-bedroom, 2-bath home is currently rented for $995/ month through 05/25/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio

  James Wachob Foundation Property Management

  1410 Lyceum Rd, Memphis, TN 38106
• 

  /2

  $12,000

  • Land
  • 6,098 Sq Ft
  • $85,714 per Acre

  857 Ioka Ave, Memphis, TN 38126

  Approx. 50' x 130' Vacant Lot Ready for Development! Excellent opportunity for builders, investors, or those looking to construct a new home. Conveniently located near I-240 with easy access to the airport, Downtown Memphis, shopping, dining, schools, and major employment centers. Buyer to verify all information deemed important, including zoning, utilities, lot dimensions, building requirements,

  Dawn Kinard Welch Realty, LLC

  857 Ioka Ave, Memphis, TN 38126
• 

  

  /5

  $95,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,684 Sq Ft

  2340 Mcgowan Dr, Memphis, TN 38127

  Investment opportunity with great potential! This property offers good bones, hardwood floors throughout, and a large backyard. Renovations and updates are needed to maximize its full potential, making it an excellent opportunity for investors looking to add value. Property is being sold as-is.

  Nicholas Bolding Keller Williams

  2340 Mcgowan Dr, Memphis, TN 38127
• 

  

  /3

  $45,500

  • 3 Beds
  • 2 Baths
  • 1,928 Sq Ft

  872 Stafford Ave, Memphis, TN 38106

  Large 3/2 with 10ft ceilings in Soulsville Complete Rehab, but Diamond in the Rough Investor Special !!!

  Reginald RL Pruitt The Peyton Co., Inc., REALTORS

  872 Stafford Ave, Memphis, TN 38106
• 

  

  /35

  $169,900

  $75K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,895 Sq Ft

  756 Garland St, Memphis, TN 38107

  WANT TO MAKE MONEY OWNING AN AIRBNB? HERES YOUR CHANCE! Just mins away from Rhodes College and Crosstown Concourse! Charming and full of character, this well-maintained duplex currently operating as a successful Airbnb blends classic details with comfortable, flexible living spaces. Each unit offers bright interiors, updated flooring, neutral tones, and plenty of natural light. Cozy yet

  James Wachob Foundation Property Management

  756 Garland St, Memphis, TN 38107
• 

  

  /10

  $158,900

  $26K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,645 Sq Ft

  4594 Sea Isle Rd, Memphis, TN 38117

  25k Price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property could be worth a lot of money once fixed up. 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 have had significant

  William Haynes Crye-Leike, Inc., REALTORS

  4594 Sea Isle Rd, Memphis, TN 38117
• 

  /2

  $7,100

  • Land
  • 3,484 Sq Ft
  • $88,750 per Acre

  1824 Rozelle St, Memphis, TN 38106

  Level lot for sale under $10,000. Also selling 1832 Rozelle.

  Virgil Pryor Harris Realty Services

  1824 Rozelle St, Memphis, TN 38106
• 

  /2

  $133,900

  $21K 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
• 

  

  /14

  $159,500

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,167 Sq Ft

  875 Enfield Rd, Memphis, TN 38116

  Price Improvement! Cash flowing property for investor looking to add to their portfolio. Home was turnkey in 2022 with new roof, HVAC and HWH. Home is professionally managed and has a long-term tenant who is current. Lease ends October 2026 and tenant currently pays $1337. Do not disrupt tenant and call listing agent for details. Access granted upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  875 Enfield Rd, Memphis, TN 38116
• 

  

  /20

  $179,900

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,478 Sq Ft

  6593 Beaverlodge Dr, Memphis, TN 38141

  Investor or renovation opportunity! This traditional single-story home offers a spacious layout with strong potential for customization and added value. Interior features include a large living area with exposed beams, a floor-to-ceiling brick fireplace, and wood-look flooring. The kitchen provides ample cabinetry, generous counter space, a breakfast bar, and an adjoining dining area with access

  Jennifer Clark Tiger Realty

  6593 Beaverlodge Dr, Memphis, TN 38141
• 

  /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
• 

  

  /24

  $168,900

  • 3 Beds
  • 1 Bath
  • 1,414 Sq Ft

  1621 Kendale Ave, Memphis, TN 38106

  Beautifully renovated 3-bed, 1-bath gem in Memphis' historic Glenview neighborhood! This 1,414 sq ft charmer features refinished hardwood floors,a cozy fireplace, and an updated kitchen with modern finishes and ample cabinetry. Generously sized rooms, abundant natural light, and a large yard perfect forentertaining. Covered porch, patio, and parking pad included. Central heat & air. This home may

  Austin Rowe Onward Real Estate

  1621 Kendale Ave, Memphis, TN 38106
• 

  

  /17

  $144,900

  • 3 Beds
  • 1 Bath
  • 971 Sq Ft

  2282 Arlene Ave, Memphis, TN 38127

  Take advantage of this outstanding income-producing investment! This rental property is located in a high-demand area with easy access to retail, restaurants, employment centers, and everyday conveniences, making it an attractive option for tenants. A fantastic addition to any investment portfolio. Please note that assignment contracts and wholesale offers will not be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2282 Arlene Ave, Memphis, TN 38127
• 

  

  /37

  $115,000

  $15K PRICE DROP

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

  5718 Quince Rd Unit 13, Memphis, TN 38119

  NEW PRICE!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

  Marina Brinkley Coldwell Banker Collins-Maury

  5718 Quince Rd Unit 13, Memphis, TN 38119
• 

  /2

  $84,900

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2304 Slocum 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

  2304 Slocum Ave, Memphis, TN 38127
• 

  

  /19

  $99,500

  $18K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Charming brick home for sell at a great price. Well maintained three bedroom one bathroom home in a great location. This property features a great layout and design. Vinyl and tile flooring throughout, modern fixtures, low maintenance exterior, huge back yard and so much more. This would make a lovely home or wonderful investment property! Special financing and grants may be available for this

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
• 

  /2

  $27,500

  • Land
  • 3,049 Sq Ft
  • $392,857 per Acre

  0 Rayburn St, Memphis, TN 38106

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  0 Rayburn St, Memphis, TN 38106
• 

  

  /13

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,173 Sq Ft

  4157 Time St, Memphis, TN 38128

  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

  4157 Time St, Memphis, TN 38128
• 

  

  /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
• 

  

  /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
• 

  

  /7

  $74,900

  $25K 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. Has a brand-new roof and a new HVAC system installed in 2025. Selected window replacements and the entire interior has been freshly painted. Seller is willing to contribute

  Dean Harris CrestCore Realty MphsBrokerage

  1937 Pinedale Ave, Memphis, TN 38127
• 

  

  /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 08/16/2027. ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 2-bedroom, 1-bath single-family home is currently generating $865/ month in rental income, with the current lease running through 08/16/2027. An opportunity to purchase an income-producing property with a

  James Wachob Foundation Property Management

  1428 Smythe Ave Unit 58, Memphis, TN 38114
• 

  

  /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
• 

  /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
• 

  

  /17

  $99,900

  $30K 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!

  Thee Gaines Trelora Realty

  3372 Spring Shadow Dr, Memphis, TN 38118
• 

  

  /13

  $90,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  1023 Parkland Rd, Memphis, TN 38111

  Excellent opportunity for buyers seeking steady rental income $1,000/month rent | Lease ends 12/01/2026. Stable tenant, strong rental demand, and great passive income potential. Situated on a generous 0.25-acre lot, just minutes from the University of Memphis. Lease and Ledger available on request.

  Lakesha Lilly Leatherwood The Home Partners Realty

  1023 Parkland Rd, Memphis, TN 38111

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