Memphis, TN Homes for Sale under $200,000

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  /11

  $199,900

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

  643 N Willett St, Memphis, TN 38107

  Fabulous Floorplan with upgrades thru out in this gorgeous 2 bedroom 1 bath in Vollintine Evergreen and walking distance to Greenline. Separate Living and Dining room, kitchen with breakfast nook and updated bathroom. Recently updated items include~~Roof, electrical panel, sewer/water lines to house, fixtures and appliances. Hardwood floors~~Single carport~~Nice fenced backyard with large storage

  Crystal Mitchell Crye-Leike Inc., REALTORS

  643 N Willett St, Memphis, TN 38107
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  /27

  $180,000

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

  1960 N Parkway Unit 1208, Memphis, TN 38112

  Located on the fully renovated 12th floor, this updated 2 bedroom/2 bath condo offers spectacular panoramic views of Downtown and the Memphis Zoo. Key features include: updated Champion windows and sliding glass doors, gleaming parquet flooring throughout living room dining room and kitchen, with brand-new vinyl plank flooring in the bedroom and office/2nd bedroom. Expansive walk-in

  Meredith Coughlin Keller Williams

  1960 N Parkway Unit 1208, Memphis, TN 38112
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  /6

  $130,000

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

  5001 Frankie Ln, Memphis, TN 38109

  A cute home, excellent investment property opportunity or a buyer who is looking for the perfect fixer upper. A split bedroom floorplan, with 2 bedrooms down and 2 upstairs. Five minutes from the Interstate and local shopping. A block away from the Links at Whitehaven Golf and Country Club.

  Linitra Washington KAIZEN Realty, LLC

  5001 Frankie Ln, Memphis, TN 38109
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  /18

  $149,900

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  66 Monroe Ave Unit 301, Memphis, TN 38103

  Downtown Living!!! The Historic Shrine Building W Charm and Distinction! Charming One Bedroom Overlooking Front Street W Views of So Many Icons of Downtown Memphis, and Amazing Location! Freshly painted interior. Huge windows for tons of light. Enjoy The Olympic size pool, workout equipment, sauna in the Lower Level! Fabulous rooftop Garden and Shared Grilling Areas w Views of The Mighty

  Bill Malone Crye-Leike, Inc., REALTORS

  66 Monroe Ave Unit 301, Memphis, TN 38103
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  /27

  $135,000

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

  2384 Saint Elmo Ave, Memphis, TN 38127

  Look HERE!! This fully renovated 3bed/ 1.5 Bathroom home is waiting for you! Perfect for a Starter home, downsizing, or looking to ADD to that Rental Portfolio? Complete with Dining Room and Laundry Space set off the Kitchen. NEW HVAC, FLOORING, electrical, lighting fixtures, just to name a few of these Upgrades! Check out how much space there is in that fenced-in back yard... and so close to

  Jennifer Clark KAIZEN Realty, LLC

  2384 Saint Elmo Ave, Memphis, TN 38127
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  /30

  $195,000

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

  1164 Brady Hollow Ln, Cordova, TN 38016

  Nestled in a convenient location off Germantown Parkway, this charming one-owner home features 3 bedrooms and 2 baths with a bright, open floor plan, vaulted ceilings, and a cozy gas fireplace. Updates include a tankless water heater, 2020 gutters, Lennox HVAC, iron-gated front porch, and NEW LVP flooring in the bedrooms and primary bathroom. The exterior offers low-maintenance living with all

  Kira Auvert Adaro Realty, Inc.

  1164 Brady Hollow Ln, Cordova, TN 38016
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  /4

  $189,000

  • 4 Beds
  • 2 Baths
  • 1,228 Sq Ft

  6471 Copper Valley Dr S, Memphis, TN 38141

  Samantha Ward Fast Track Realty, LLC

  6471 Copper Valley Dr S, Memphis, TN 38141
• 

  

  /21

  $190,000

  • 3 Beds
  • 1 Bath
  • 1,331 Sq Ft

  133 S Fenwick Rd, Memphis, TN 38111

  Beautifully updated and move-in ready, this two-bedroom home blends classic character with modern comfort. Enjoy hardwood floors, decorative fireplaces, and an abundance of natural light throughout. The renovated kitchen offers generous cabinetry and fresh finishes, while the updated bath and new systems provide peace of mind. Thoughtful improvements include the roof, electrical and plumbing

  Fara Captain Zeitlin Sotheby's Internation

  133 S Fenwick Rd, Memphis, TN 38111
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  /2

  $120,000

  • 4 Beds
  • 3 Baths
  • 2,165 Sq Ft

  3660 Overton Crossing St, Memphis, TN 38127

  Here is your chance to own a great investment property with a little TLC needed to add major equity. Out of town flipper bought the home and almost completed the work before going belly up. Their loss could be your gain today. Bank says SELL!

  Eric Bell REMAX Experts

  3660 Overton Crossing St, Memphis, TN 38127
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  /16

  $189,900

  • 2 Beds
  • 1.5 Baths
  • 1,538 Sq Ft

  1671 Oaken Bucket Dr, Cordova, TN 38016

  Charming 2-bed, 2.5-bath Cordova home featuring an open living area with vaulted ceilings and a cozy fireplace. Primary suite includes a walk-in closet, and the kitchen offers ample cabinet space with a breakfast bar. Enjoy a private, tree-lined backyard with a deck — perfect for relaxing or entertaining.

  Farris Ibrahim Renshaw Company, REALTORS

  1671 Oaken Bucket Dr, Cordova, TN 38016
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  /10

  $115,000

  • 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
• 

  

  /21

  $119,900

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  2510 Smith Ridge Rd, Memphis, TN 38127

  Welcome home to this freshly updated 3-bedroom, 1-bath charmer! Step inside to find a bright and inviting living space with fresh interior paint and a modernized kitchen featuring updated finishes. Everything in the home, including the roof, was fully renovated less than 2 years ago, offering move-in-ready convenience and peace of mind. The home offers comfortable bedrooms and a functional floor

  Jonathan Nunez Fast Track Realty, LLC

  2510 Smith Ridge Rd, Memphis, TN 38127
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  /2

  $125,000

  • Land
  • 0.13 Acre
  • $961,538 per Acre

  1442 N Hollywood St, Memphis, TN 38108

  This sale includes two lots that are being sold as a commercial lot. Lots 42 and 43, parcel numbers 042060 00021 and 042060 00022

  James Walker REMAX Experts

  1442 N Hollywood St, Memphis, TN 38108
• 

  

  /19

  $195,000

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

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

  Safe and secure with 24 hour guard service. This unit was a 3 bedroom that was completely renovated 4 years ago and is now a large 2 bedroom. Perfect for entertaining featuring a large living area with a wet bar. 3 balconies with one overlooking the outdoor pool and Chickasaw Country Club. Secure parking is $15 monthly. Party room with kitchen. Exercise room. Guest rental units are available.

  Al Jennings AJ Associates

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

  $112,000

  • 3 Beds
  • 1 Bath
  • 911 Sq Ft

  3509 W Horn Lake Rd, Memphis, TN 38109

  GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom brick home is rented for $910/month to a stable, long-term tenant who just renewed their lease until the end of 2026! Totally renovated in August 2022 including brand new roof, AC condenser, furnace, A-coil and water heater. Another great addition to your investment portfolio! Professionally managed, do not disturb tenant. Tenant ledger and

  Jeremy Veldman KAIZEN Realty, LLC

  3509 W Horn Lake Rd, Memphis, TN 38109
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  /13

  $110,000

  • 2 Beds
  • 2 Baths
  • 1,075 Sq Ft

  2255 Deadrick Ave, Memphis, TN 38114

  Investor Opportunity! All-brick duplex fully updated in 2020 with a new roof, HVAC, flooring, kitchen, and bathrooms. Each side offers 1 bedroom and 1 bathroom. The left side is currently vacant, while the right side is tenant-occupied under MHA, paying $1,000 per month on a yearly lease that expires in May 2026. The right side is occupied and will not be available for showings until an accepted

  Juan Torres Fast Track Realty, LLC

  2255 Deadrick Ave, Memphis, TN 38114
• 

  

  /22

  $125,000 Coming Soon

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  179 Ivan Rd, Memphis, TN 38109

  Charming 3BR, 1BA home perfectly located near shopping, dining, and quick expressway access! Enjoy a spacious fenced backyard—ideal for kids, pets, or weekend BBQs. Whether you're a first-time buyer or investor, this cozy gem is a smart move!

  larrian currie One Stop Global Realty

  179 Ivan Rd, Memphis, TN 38109
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  /10

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,288 Sq Ft

  4898 Knight Arnold Rd, Memphis, TN 38118

  Fred Sengstacke KAIZEN Realty, LLC

  4898 Knight Arnold Rd, Memphis, TN 38118
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  /7

  $109,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3101 Sunrise St, Memphis, TN 38127

  This fully updated property is an ideal buy-and-hold rental investment, featuring fresh exterior paint, concrete and siding repairs, a newly renovated front porch, all-new shutters, doors, and smart locks, updated lighting, cleaned landscaping, new fencing, driveway improvements, and clean-outs for sewer and HVAC—completely move-in ready with all major upgrades done. Owner/Agent PROFESSIONAL

  James Wachob Foundation Property Management

  3101 Sunrise St, Memphis, TN 38127
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  /11

  $106,500

  • 3 Beds
  • 2 Baths
  • 936 Sq Ft

  160 Silverage Ave, Memphis, TN 38109

  Step into this freshly renovated 3-bedroom, 2-bath home where every detail has been thoughtfully updated. Featuring brand-new cabinets, modern flooring, and a bright, inviting layout, this home is perfect for those looking for style and comfort. With renovated bathrooms and a fresh, neutral color palette throughout, all that’s left is to move in and make it yours. Investor Bonus: Tenants are

  Jonathan Nunez Fast Track Realty, LLC

  160 Silverage Ave, Memphis, TN 38109
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  /20

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,320 Sq Ft

  4235 Trudy St, Memphis, TN 38128

  Beautiful house 3 bedrooms 1bath ~ Roof 2.5 years ~ HVAC 2 years ~ Open concept ~ Freshly painted ~ New floors ~ Big back yard with storage ~ Come see this house today!

  Itzel Sanchez Bustamante Keller Williams

  4235 Trudy St, Memphis, TN 38128
• 

  

  /21

  $165,000

  • Land
  • 1.72 Acres
  • $95,930 per Acre

  5994 Elmore Rd, Memphis, TN 38134

  Don’t miss this rare opportunity to own 1.72 beautiful acres in the highly desired city of Bartlett, TN. Tucked away on a quiet road surrounded with mature trees, this spacious lot offers the perfect setting to build your dream home in a peaceful, private environment. The seller has already completed major infrastructure improvements, including Parcel/Lot TAP fees, Bartlett City Sewer TAP, and

  Camela Henke Enterprise, REALTORS

  5994 Elmore Rd, Memphis, TN 38134
• 

  

  /23

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,127 Sq Ft

  791 Hanley St, Memphis, TN 38114

  Newly Updated & Tenant Occupied! This beautiful 3-bedroom, 1-bath home is just 13 minutes from Downtown and 8 minutes from Midtown. Enjoy modern upgrades throughout — new cabinets, flooring, lighting, fencing, and an updated bathroom. The new tenant will be moving in on 12/12/25 and will be paying $1,000/month — instant income from Day ONE! :) A great cash flowing turnkey property. Your perfect

  Raven Henderson KAIZEN Realty, LLC

  791 Hanley St, Memphis, TN 38114
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  /20

  $175,000

  • 3 Beds
  • 1.5 Baths
  • 1,452 Sq Ft

  3016 Croley Dr, Memphis, TN 38118

  Say goodbye to compromise and hello to convenience at Opal. This newly refreshed one-level home offers everything today’s buyer wants: effortless flow, stylish updates, and outdoors that work. Whether you’re prepping dinner in the seamless new kitchen, unwinding in the open great room, or hosting friends in your sizable backyard under the shade of two covered carports, this property has it all. A

  Garth Ward eXp Realty, LLC

  3016 Croley Dr, Memphis, TN 38118
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  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  Harry Samuels Pinnacle Realty

  1862 Dupont Ave, Memphis, TN 38127
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  /10

  $199,900

  • 3 Beds
  • 1.5 Baths
  • 1,144 Sq Ft

  1560 Cranford Rd, Memphis, TN 38117

  Nice home on fenced lot in Colonial Acres Covered Carport plus oversized two car detached garage Hardwood Floors Primary with half bath and two closets Living Dining Room Combination Home is ready to go

  Frank Pereira Jennae Realty, Inc.

  1560 Cranford Rd, Memphis, TN 38117
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  /16

  $127,100

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3667 Southland St, Memphis, TN 38109

  Terrific investment opportunity. Professionally managed and cash flowing property. Deposit is $900. Rent is $1271/mo. Lease expires 07/29/25 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

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3667 Southland St, Memphis, TN 38109
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  /18

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,327 Sq Ft

  945 Floyd Ave, Memphis, TN 38127

  Looking to move or invest? This 3-bedroom, 2-bath home could be just what you’re looking for! Sellers have added new laminate flooring, fresh interior paint, and a nicely updated kitchen with new cabinets, countertops, and stainless-steel appliances. The layout includes a large den plus a separate living/dining combo, and there’s even a spacious walk-in closet for extra storage. Out back, you’ll

  Tracie Benetz Emmett Baird Realty, LLC

  945 Floyd Ave, Memphis, TN 38127
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  /13

  $149,900

  • 2 Beds
  • 2.5 Baths
  • 1,577 Sq Ft

  5147 Walton Lake, Memphis, TN 38118

  THIS BEAUTY NESTLED IN WALTON LAKE SUBDIVISION HAS LOTS OF CHARISMA AND COMFORT WITH HUGE ROOMS AND LOTS OF UPGRADES AND IMPROVEMENTS. RELAX ON THE REAR COVERED PRIVATE PATIO WITH A SERENE VIEW OF THE LAKE AS YOU ENJOY YOUR DAYS AND NIGHTS. THIS IS A GREAT BUY!

  Fredrick Cunningham Keller Williams

  5147 Walton Lake, Memphis, TN 38118
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  /2

  $145,000

  • Land
  • 0.27 Acre
  • $537,037 per Acre

  0 N Orleans St, Memphis, TN 38105

  There are 2 lots for sale in this package. The price is for Both. These medical center lots are located at the South Entrance to the Orleans Station Development which is a 10 acre development with 16,000 sf of retail and 372 Apartments. Great Location!

  Chris Garland Crye-Leike, Inc., REALTORS

  0 N Orleans St, Memphis, TN 38105
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  /17

  $135,000

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

  3401 Bradcrest Dr, Memphis, TN 38128

  Investors only! Tenant occupied property available in Raleigh. Four bedroom one and a half bathroom home that would be a perfect addition to your rental portfolio. Home is professionally managed (lease, ledger, and repair history available upon request). Home was rehabbed in Spring 2025 and is in good shape! ONLINE VIDEO AVAILALBE UPON REQUEST. Home is currently rented at $1150. Property is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3401 Bradcrest Dr, Memphis, TN 38128
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  /2

  $169,500 Open Sat 11AM - 2PM

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

  589 Gilleas Rd, Memphis, TN 38109

  Open house Saturday January 3rd, 11:00 a.m. -2:00 p.m.. New construction! 3 Bedrooms, 2 Baths, large lot, central AC/Heat, all electric appliances etc...

  Myles Wilson Keller Williams

  589 Gilleas Rd, Memphis, TN 38109
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  /19

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,046 Sq Ft

  4528 Sugar Creek Rd, Memphis, TN 38118

  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 blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4528 Sugar Creek Rd, Memphis, TN 38118
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  /2

  $142,000

  • Land
  • 0.42 Acre
  • $338,095 per Acre

  679 E Pontotoc Ave, Memphis, TN 38126

  This listing is for 4 home lots. 679 E Pontotoc Ave is just one of the 4 lots. Zoning is RU-4 on these lots. Buyer can building single family homes orpossibly combine lots to build Multifamily. Call agent to get a flyer with a detailed map of the lots.Total Acreage of the 4 lots is .42 acres. We have 21 other lots in the immediate area offered in various group sizes.

  Chris Garland Crye-Leike, Inc., REALTORS

  679 E Pontotoc Ave, Memphis, TN 38126
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  /2

  $199,900

  • 4 Beds
  • 2 Baths
  • 2,376 Sq Ft

  3548 Carrington Rd, Memphis, TN 38111

  High-end investment opportunity by the U of M! This house was purchased in 2023 as, essentially, a full rehab, but the owner continued to do some much-needed work to it to get it rent-ready and to put the finishing touches on! It's such a great property in the University of Memphis area and a RARE 4/2! A/C replaced Oct. 25, with new cage. New fence installed 2024, along with roof repair and

  Randall Weatherall Memphis Metro Realty

  3548 Carrington Rd, Memphis, TN 38111
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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
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  /2

  $114,900

  • 4 Beds
  • 1.5 Baths
  • 1,467 Sq Ft

  4072 Cliffdale St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 4br/1.1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,225/month. The lease ends on 7/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4072 Cliffdale St, Memphis, TN 38127
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  /8

  $150,000

  • 3 Beds
  • 2 Baths
  • 2,147 Sq Ft

  1917 Finley Rd, Memphis, TN 38116

  AS IS, WHERE IS. Well established, quiet Whitehaven neighborhood. Recently installed Metal Roof with a very large sun room attached.

  Cedric Brown Crye-Leike, Inc., REALTORS

  1917 Finley Rd, Memphis, TN 38116
• 

  

  /23

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,460 Sq Ft

  4757 Northfield Cir, Memphis, TN 38128

  Beautifully renovated home featuring a modern open floor plan with spacious living, dining, and kitchen areas. Updates include new flooring, paint, lighting, and a stylish kitchen with contemporary finishes and stainless appliances. Bright natural light throughout and move-in ready. A perfect blend of comfort and modern design in a great Memphis location.

  Ralph Harvey List With Freedom.Com, Inc.

  4757 Northfield Cir, Memphis, TN 38128
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  /9

  $114,900

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  3596 Kendrick Rd, Memphis, TN 38108

  Unique Opportunity! Near National, Jackson and Highland Every detail of this home was designed to provide comfort and purpose. With 2 bedrooms and space for a third, this property offers the flexibility any family or entrepreneur needs. Its full remodel, carport and spacious workspace or warehouse make it so much more than a home: is a place to live, create and dream.

  Claudia Routh TRG Real Estate Services, LLC

  3596 Kendrick Rd, Memphis, TN 38108

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