Memphis, TN Homes for Sale under $200,000

• 

  

  

  /40

  $133,900

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

  232 S Highland St Unit 608, Memphis, TN 38111

  * Price reduced $8,100 ! "The Edinborough" is the lifestyle that you want to live in the heart of Memphis with a 24/7 Doorman. This exclusive 2 bedroom, 2 bath condominium has a 6th floor corner view of the swimming pool. Close to White Station Schools & The University of Memphis. Lots of countertop & cabinet space in kitchen. New hot water heater, new floor in dr, new ceramic tile floors in both

  Robert Farris Crye-Leike, Inc., REALTORS

  232 S Highland St Unit 608, Memphis, TN 38111
• 

  

  

  /17

  $110,000

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

  1453 N Merton St, Memphis, TN 38108

  Ready for new owner, 3 bedrooms one bath, roof is less than a year, HVAC System les than one year fenced around for privacy

  Mayra Viscaya Fast Track Realty, LLC

  1453 N Merton St, Memphis, TN 38108
• 

  

  

  /7

  $129,000

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

  4876 Cottonwood Rd, Memphis, TN 38118

  Back on Market - REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  4876 Cottonwood Rd, Memphis, TN 38118
• 

  

  

  /22

  $159,900

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

  3267 Allison Ave, Memphis, TN 38112

  Newly renovated 4br 2ba now available! Low maintenance brick exterior. This would make an excellent investment opportunity or owner/occupant. Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  3267 Allison Ave, Memphis, TN 38112
• 

  

  

  /20

  $160,000

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

  1592 Southern Ave, Memphis, TN 38114

  Beautifully renovated 3-bedroom, 2-bath home located near the vibrant Cooper-Young area. This charming property features modern updates throughout and a newly installed wooden privacy fence in the back of the property-perfect for relaxing or entertaining. Don't miss this move-in ready gem in a prime location!

  Randell Richmond eXp Realty, LLC

  1592 Southern Ave, Memphis, TN 38114
• 

  

  /26

  $194,000

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

  435 N Highland St Unit 2, Memphis, TN 38122

  Conveniently located just minutes from UofM, Rhodes, the medical district, and downtown, this spacious 3 BD, 2.5 BA townhome offers comfort, updates, and unbeatable proximity to the best of Memphis. Just across the street from High Point and the Greenline, you'll enjoy easy access to great dining, outdoor rec, and a lively community atmosphere. Inside, the home features a separate living room and

  Carol Stout Ware Jones, REALTORS

  435 N Highland St Unit 2, Memphis, TN 38122
• 

  

  /10

  $120,000

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

  1686 Alta Vista Ave, Memphis, TN 38127

  Back available no fault of the Sellers!! Appraisal value is higher than the list price!! Equity!! Hurry & schedule to see this diamond in the Frayser community! New kitchen cabinets, countertop, ventahood, freshly painted, new flooring, updated lighting, renovated bathroom with a split floorplan, 2nd bathroom added with tub/shower combo in the primary suite, washroom is in the suite, walk-in

  Angela Cage Harris & Harris Realty Group

  1686 Alta Vista Ave, Memphis, TN 38127
• 

  

  /13

  $132,000

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

  2310 Theda Ave, Memphis, TN 38127

  Great addition to your investment portfolio. Three bedroom, one bath with an additional room that could potentially be used as a 4th bedroom. Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line. Currently MHA tenant

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
• 

  

  /22

  $168,000

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

  5845 Park Ave Unit 5845, Memphis, TN 38119

  Own a corner unit at Chatham Village! Gated condo with a neighborhood pool. This 2 bed/ 1.5 bath unit was recently renovated. Quartz countertops new cabinets, under cabinet lighting, and recessed lighting. Private patio for sitting outside and relaxing or gardening. Large bedrooms, washer and dryer in a laundry closet upstairs.

  Amanda Kirkman KAIZEN Realty, LLC

  5845 Park Ave Unit 5845, Memphis, TN 38119
• 

  

  /20

  $189,000

  • 4 Beds
  • 2 Baths
  • 1,484 Sq Ft

  2426 Lamar Cir, Memphis, TN 38114

  COMPLETELY RENOVATED duplex Unique investment opportunity, Live on one side and rent out the other or perfect for an in-law suite when family needs to be close by. This can be a fantastic addition to your investment portfolio. Minutes from Cooper-Young area. Recent 2022 renovation included: New roof, amazing new kitchens & new baths, new flooring, new lighting, fresh paint inside & out. Take a

  LaJuana Miller KAIZEN Realty, LLC

  2426 Lamar Cir, Memphis, TN 38114
• 

  

  /13

  $140,000

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

  3738 Townes Ave, Memphis, TN 38122

  Welcome to 3738 Townes Ave! This charming 3-bedroom, 2-bath home features a classic brick front porch, ideal for relaxing outdoors. Inside, you'll find a spacious layout with a large living area, easy-to-clean flooring, and a second kitchen located at the back of the home—perfect for multi-generational living or extra cooking space. The main kitchen includes ample cabinet storage, while both

  Henry Pineda Fast Track Realty, LLC

  3738 Townes Ave, Memphis, TN 38122
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  /12

  $110,000

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

  3551 Millington Rd, Memphis, TN 38127

  Totally renovated!!! Beautiful home with all the trimmings, Hardwood floors, new appliances, beautifully tiled bathroom and kitchen with covered parking. Appliances to include new refrigerator and stove! A must see!!!

  Chauntay Harris Faith First Realty

  3551 Millington Rd, Memphis, TN 38127
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  /28

  $192,500

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

  210 S Mclean Blvd Unit 12, Memphis, TN 38104

  Spacious 3 Bedroom 2 Bath Condo in Midtown's Crescent Place offers the perfect blend of charm, comfort and convenience. Located in the heart of the Central Garden Historic District, this light-filled 3 BR/2BA condo offers an open great room, kitchen and private primary suite. Two additional bedrooms share a second full bath. Enjoy the beautiful interior courtyard and stone outdoor courtyard with

  Kim Finney Dream Maker Realty, LLC

  210 S Mclean Blvd Unit 12, Memphis, TN 38104
• 

  

  /17

  $197,999

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

  1086 Merriwether Ave, Memphis, TN 38105

  Very close to the VA Medical Center, Le Bonheur Children's Hospital, Regional One, close to downtown Memphis, and other facilities. Surrounding area is currently being revitalized with many new and upcoming developments. The house is fully renovated and remodeled. 3 bedrooms and 2 full bathrooms with open spaces. Fence in the backyard. High demand for the rental property . Tenant occupied. Rent

  Habiba Sharmin Keller Williams

  1086 Merriwether Ave, Memphis, TN 38105
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  /7

  $111,000

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

  5423 Breckenwood Dr, Memphis, TN 38127

  Property is Tenant Occupied. ***DO NOT DISTURB TENANT*** Make all offers contingent upon inspections. Fantastic property to add to your portfolio! Property is income producing. Section 8 tenant, $1250 monthly rent. No wholesalers and no Assignments Buyers will be accepted.

  LaJuana Miller KAIZEN Realty, LLC

  5423 Breckenwood Dr, Memphis, TN 38127
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  /23

  $185,000

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

  107 S Front St Unit 34, Memphis, TN 38103

  Charming condo in the heart of downtown. Super nice hardwood floors. Open & spacious living areas, great natural light. Private outdoor balcony overlooking a wonderful courtyard patio area. Laundry facilities on your same floor. Stainless steel appliances. Kitchen with breakfast bar. You can walk everywhere and just steps from the river.

  Richard Travers Crye-Leike, Inc., REALTORS

  107 S Front St Unit 34, Memphis, TN 38103
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  /21

  $189,500

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

  1864 Denison St, Memphis, TN 38111

  This home qualifies for 100% financing. This newly renovated 3 bed, 2 bath home in the heart of Memphis features a brand new roof, new HVAC, new windows, updated bathrooms, and stylish new flooring throughout. Enjoy a spacious backyard, perfect for outdoor living, and a prime location close to local shops, restaurants, and amenities. With 1,300 sq ft of living space, this move-in-ready gem won’t

  Tony Payne Keller Williams

  1864 Denison St, Memphis, TN 38111
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  /22

  $160,000

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

  886 Echles St, Memphis, TN 38111

  Price Improvement! This well-maintained home is truly move-in ready. Inside you'll find an updated kitchen with lots of cabinets, spacious rooms, adorable bath, central heating and air, and energy-efficient double-pane windows that have replaced the original wood windows—providing improved comfort and reduced utility costs year-round. Appliances and home warranty included! The spacious, fully

  Randi Lynn KAIZEN Realty, LLC

  886 Echles St, Memphis, TN 38111
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  /34

  $127,900

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

  5273 Chatfield Dr Unit 63B, Memphis, TN 38116

  *Price reduced $10,000 ! A Magnificent Investment Opportunity !! New roof , Washer , Dryer and Refrigerator included, New Interior and New Exterior paint September 2024, Primary bedroom also has a Balcony, New Electric hot water heater ,Front and Rear Tree has been removed, And wait for this...It's Huge (Nearly 1800 square feet) with 3 Bedrooms & 2.5 bathrooms. 2 car private carport. Currently

  Robert Farris Crye-Leike, Inc., REALTORS

  5273 Chatfield Dr Unit 63B, Memphis, TN 38116
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  /14

  $195,000

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

  4789 Judy Lynn Ave, Memphis, TN 38118

  SELLER WILL PAY UP TO $5,000 TOWARDS BUYERS CLOSING COSTS AND PREPAIDS! 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, ventahood, dishwasher, and food disposal. All new light and plumbing fixtures throughout. Beautiful refinished hard wood

  William McKnett The Stamps Real Estate Company

  4789 Judy Lynn Ave, Memphis, TN 38118
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  /32

  $139,000

  • 4 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  3362 Carrington Rd, Memphis, TN 38111

  Excellent investment property located just minutes from the University of Memphis. This 1,911 sq ft home features 4 bedrooms and 3 full bathrooms, offering strong rental appeal for student housing or long-term tenants. The layout is spacious and functional, with updated kitchen and baths, generous living areas, and ample natural light. Off-street parking and a low-maintenance yard add to the

  Rochelle Bouchard Keller Williams

  3362 Carrington Rd, Memphis, TN 38111
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  /24

  $155,000

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

  5906 Noyes Ct Unit 4, Memphis, TN 38119

  Super cute condo in gated community. Move-in ready! Freshly Painted Throughout and an updated deck. This charming home has a new HVAC system and fresh new blinds throughout. Located in a welcoming community with a recently renovated pool. You'll love the neighborhood's friendly vibe and planned activities like BBQ's and holiday dinners. Don't miss your chance to own a home that's not only

  Ashlyn Clark Keller Williams

  5906 Noyes Ct Unit 4, Memphis, TN 38119
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  /12

  $112,400

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

  1553 Paullus Ave, Memphis, TN 38127

  Welcome to 1553 Paullus Ave, a cute 3-bedroom, 1.5-bath brick home perfect for a first time homeowner or a great additional to your rental portfolio. Property is being sold "As Is"

  James Wachob Foundation Property Management

  1553 Paullus Ave, Memphis, TN 38127
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  /11

  $115,000

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

  990 N Avalon St, Memphis, TN 38107

  Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

  Michael Bryan Bryan Realty Group

  990 N Avalon St, Memphis, TN 38107
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  /10

  $105,000

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

  3035 Phyllis Ln, Memphis, TN 38118

  Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat and air. It is conveniently located in East

  William Haynes Crye-Leike, Inc., REALTORS

  3035 Phyllis Ln, Memphis, TN 38118
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  /24

  $195,000

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

  515 N Dunlap St, Memphis, TN 38105

  Adorable move-in ready bungalow in great location convenient to Downtown, Midtown and the Medical District! Ideal for owner-occupant or investor! Timeless features like real hardwood flooring, large windows and high ceilings! Kitchen features gas cooking and solid wood cabinets. Large fenced backyard is great for pets and hobbies. Two large bedrooms and a flex room that could be a third bedroom

  Lauren Waites Real Estate Agency

  515 N Dunlap St, Memphis, TN 38105
• 

  

  /22

  $112,000

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

  1662 Monsarrat St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025 and is currently rented at $1025 per month. This property is professionally managed (lease, ledger, repair history available upon request). This property is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
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  /10

  $114,900

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

  3816 Cedar Path Dr, Memphis, TN 38115

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  3816 Cedar Path Dr, Memphis, TN 38115
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  /11

  $110,000

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

  1557 Ontario Ave, Memphis, TN 38127

  Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC.

  Ellecia Hayes Keller Williams

  1557 Ontario Ave, Memphis, TN 38127
• 

  

  /22

  $185,000

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

  569 Lundee St, Memphis, TN 38111

  Charming cottage with modern updates & timeless appeal! Step into this beautifully remodeled cottage-style home that perfectly blends classic charm w/ contemporary comfort. From its inviting front porch to the 9-foot ceilings & original door moldings, this home exudes warmth & character at every turn. Inside, you'll find sun-drenched lit rooms, neutral walls, & stunning wood flooring featuring

  James Harvey Jr Keller Williams

  569 Lundee St, Memphis, TN 38111
• 

  

  /13

  $119,900

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

  3026 Dearing Rd, Memphis, TN 38118

  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

  3026 Dearing Rd, Memphis, TN 38118
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  /19

  $159,800

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  765 Shotwell St, Memphis, TN 38111

  Charming 2-bedroom, 1-bath home just behind the University of Memphis—perfect for a starter home or investment property! Enjoy low-maintenance vinyl siding, and updated kitchen with painted cabinets, range, and dishwasher, plus a stack washer/dryer unit. Hardwood floors in both bedrooms with laminate throughout the rest of the home. Detached 1-car garage with a covered patio overlooks a spacious

  Gary Walls Crye-Leike, Inc., REALTORS

  765 Shotwell St, Memphis, TN 38111
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  /20

  $136,500

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

  778 N Montgomery St, Memphis, TN 38107

  Price drop with motivated seller. This newly renovated gem is 7 minutes from downtown and 7 minutes from midtown. It comes completed renovated with new roof, HVAC and water heater. Property has passed all code enforcement inpsections and will qualify for FHA, VA, conventional loans, etc. Near the Northside High project meant to generate value to the area. Home next door refinanced for $195k.

  Jerry Duckett eXp Realty, LLC

  778 N Montgomery St, Memphis, TN 38107
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  /18

  $119,000

  • 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

  $125,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1456 N Hollywood St, Memphis, TN 38108

  ADORABLE BUNGALOW, completely renovated in 2022. 2 bedroom with a bonus space. 2022 Renovation includes: New roof, new kitchen, new bathroom, new central HVAC system, beautiful new flooring, new lighting, new wood privacy fence with room to park in the fenced area, new windows and Security doors. Fantastic addition to your investment portfolio or excellent home for a buyer. Make an appointment to

  LaJuana Miller KAIZEN Realty, LLC

  1456 N Hollywood St, Memphis, TN 38108
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  /10

  $158,000

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
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  /11

  $165,000

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

  6989 Cherry Blossom Dr, Memphis, TN 38133

  Three-bedroom, two-bathroom home that needs some TLC, featuring a versatile den that could be converted into a fourth bedroom. The property includes a one-car garage and a spacious, fenced-in backyard—ideal for outdoor living. Located in a quiet cul-de-sac, it offers added privacy and a serene setting.

  Robert Salmons Entera Realty

  6989 Cherry Blossom Dr, Memphis, TN 38133
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  /37

  $124,500

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  475 N Highland St Unit 3H, Memphis, TN 38122

  One of the best high rise condos! Secure parking, 24 hour guard & loads of amenities. Lovely pool with covered patio & grilling area overlooking Chickasaw Golf course. Nice workout facilities. party room with kitchen. This one has been completely renovated and updated! Lovely kitchen and bath. Wood floors. Fireplace & shutters! Storage space in basement. 2 guest suites available for rent. Call

  Deborah Mays Hobson, REALTORS

  475 N Highland St Unit 3H, Memphis, TN 38122
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  /8

  $120,000

  • 4 Beds
  • 1 Bath
  • 800+ Sq Ft

  4005 Sewanee Rd, Memphis, TN 38109

  This four-bedroom home offers original hardwood floor throughout the main living areas. This home has a traditional and comfortable living space. The home features an updated bathroom and kitchen. Large fenced-in yard, providing a secure and private space perfect for outdoor enjoyment or letting pets roam freely. Large Garage and exterior storage shed in the back yard.

  DonAngela Johnson Crye-Leike, Inc., REALTORS

  4005 Sewanee Rd, Memphis, TN 38109
• 

  

  /7

  $109,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  2758 Smith Haven Dr, Memphis, TN 38114

  Step into this beautifully renovated home in the historic Bethel Grove neighborhood, updated in 2022 with a new roof, HVAC, flooring, and siding—move-in ready! Enjoy two spacious bedrooms and a full bath, all nestled on a generous lot that offers plenty of outdoor space with a shed in the back.

  Virgil Pryor Harris Realty Services

  2758 Smith Haven Dr, Memphis, TN 38114

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