Memphis, TN Homes for Sale under $200,000

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  /10

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,373 Sq Ft

  1824 Kendale Ave, Memphis, TN 38114

  Eligible for 100% financing! Welcome to this beautifully renovated home in one of Memphis’ most desired neighborhoods, near Central Gardens and Cooper Young! This move in ready gem features new floors, an updated kitchen with granite countertops, and fully renovated bathrooms. The home also offers a finished half basement, providing versatile bonus space perfect for a recreation room, office, or

  Hila Shimony Crye-Leike, Inc., REALTORS

  1824 Kendale Ave, Memphis, TN 38114
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  /33

  $129,900

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

  1563 Flamingo Rd, Memphis, TN 38117

  Welcome to this inviting 2-bedroom, 1-bath home that combines classic charm with everyday comfort. The layout flows easily from room to room, creating a warm and welcoming feel throughout. A spacious lot enhances the property’s appeal, while the covered porch adds to its timeless character. With its solid construction and cozy atmosphere, this home is ready for its next chapter.

  Alexis Martz Trelora Realty

  1563 Flamingo Rd, Memphis, TN 38117
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  /9

  $165,000

  • 4 Beds
  • 1 Bath
  • 1,872 Sq Ft

  803 Ledbetter Ave, Memphis, TN 38109

  Fantastic investment opportunity in the Westwood area. This 4br/1 bath single-family home has been recently updated in 2025. Great for an investor or first time homebuyer. Cash flowing with a monthly rental amount of $1495. No wholesaler offers or offers with assignment of contract language will be accepted.TENANT OCCUPIED, PLEASE DO NOT APPROACH OR DISTURB TENANTS

  DonAngela Johnson Crye-Leike, Inc., REALTORS

  803 Ledbetter Ave, Memphis, TN 38109
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  /21

  $184,800

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

  113 Pettite Cove, Memphis, TN 38109

  Don’t miss this rare opportunity to own a truly move-in ready home. Schedule a tour today and see how this fresh renovation can be your next chapter in Memphis living! The list price is $184,849, contact me or have your agent contact me to see how a first time homebuyer can get into this home for $138,537. You must qualify . Seller will consider doing a one year lease.

  Charlene Bailey Exit Realty Blues City

  113 Pettite Cove, Memphis, TN 38109
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  /15

  $149,500

  • 1 Bath
  • 595 Sq Ft

  731 Litty Ct Unit 305, Memphis, TN 38103

  Top-floor studio with river views in the heart of Downtown Memphis, offered fully furnished and move-in ready! This light-filled unit features privacy, great natural light, and low-maintenance living in a prime location. Recent updates include: • Newer HVAC system • Updated bathtub and new bathroom sink • Fresh interior paint (2024) • New light fixtures and updated electrical outlets • Washer and

  Donnie Morrow eXp Realty, LLC

  731 Litty Ct Unit 305, Memphis, TN 38103
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  /31

  $139,900

  • 5 Beds
  • 1.5 Baths
  • 1,771 Sq Ft

  4314 Ford Rd, Memphis, TN 38109

  This 5-bedroom, 1.5-bath home features an eat-in kitchen and a bright living area. All rooms provide flexible layouts with ample natural light. The home includes a carport for covered parking and a large corner lot with space for landscaping or outdoor activities. Interiors have been updated, while the practical layout ensures functional flow throughout. Located near major roads and neighborhood

  Alexis Martz Trelora Realty

  4314 Ford Rd, Memphis, TN 38109
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  /11

  $200,000

  • 3 Beds
  • 1.5 Baths
  • 1,311 Sq Ft

  1782 Cornelia Ln, Memphis, TN 38117

  Investor special! Located by Colonial Acres, this charming 3 bed/1.5 bath ranch-style home is up for sale in “as-is” condition. The home features numerous amenities such as central heating & air, dishwasher, laundry connections, ceiling fans, vinyl floors, carport, fully-fenced and gated backyard, and detached storage shed. The property is currently leased at $1450/month to tenants with a clear

  Matthew Gonzales You Found It Realty

  1782 Cornelia Ln, Memphis, TN 38117
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  /20

  $105,000

  • 3 Beds
  • 1.5 Baths
  • 1,586 Sq Ft

  732 E Davant Ave, Memphis, TN 38106

  This spacious layout features 3 oversized bedrooms, a separate den used an oversized bedroom, formal dining, and a cozy living room with fireplace. Hardwood floors and an open kitchen offer charm with upside. New paint and new flooring throughout.

  Sabaria Dean Fast Track Realty, LLC

  732 E Davant Ave, Memphis, TN 38106
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  /24

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,131 Sq Ft

  3193 Rendezvous Ln, 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

  3193 Rendezvous Ln, Memphis, TN 38118
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  /26

  $169,000

  • 3 Beds
  • 1 Bath
  • 1,136 Sq Ft

  740 Loeb St, Memphis, TN 38111

  Welcome to this spacious 3-bedroom, 1-bath home just minutes from the University of Memphis. Whether you’re a college student, looking for a primary residence, or seeking a solid investment property, this home checks all the boxes. Enjoy an inviting layout with hardwood floors throughout, a bonus room with laundry, a carport, and a large fenced in backyard. The roof is only 7 years old. Come see

  Court Satterfield Faith Management & Realty Grou

  740 Loeb St, Memphis, TN 38111
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  /16

  $125,000

  • 2 Beds
  • 1 Bath
  • 831 Sq Ft

  3515 Vanuys Rd, Memphis, TN 38111

  Charming 2-bedroom, 1-bath home located at 3515 Vanuys Rd, just minutes from the University of Memphis, local restaurants, and shopping. This property features hardwood floors, updated finishes, a detached garage, and a spacious backyard deck for outdoor enjoyment. Approved for the City of Memphis Down Payment Assistance Program, eligible buyers may receive up to $25,000 toward down payment and

  Sabaria Dean Fast Track Realty, LLC

  3515 Vanuys Rd, Memphis, TN 38111
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  /21

  $129,900

  • 3 Beds
  • 2.5 Baths
  • 2,015 Sq Ft

  1308 E Raines Rd, Memphis, TN 38116

  This 3-bedroom, 2.5-bath home offers a functional layout with plenty of potential for its next owner. The property features a single-car attached carport for convenient covered parking and a rear deck that’s perfect for relaxing or entertaining outdoors. Inside, you’ll find a spacious floor plan with ample room for comfortable living. Whether you’re a first-time homebuyer looking to add your

  Chris Mosby ResiAmerica, Inc.

  1308 E Raines Rd, Memphis, TN 38116
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  /13

  $123,900

  • 3 Beds
  • 2 Baths
  • 1,196 Sq Ft

  1545 Oakwood St, Memphis, TN 38108

  100% fianicng available with down payment assistance program plus Seller is offering to help with $5k in closing costs with acceptable offer. Completely remodeled from the studs up, this stunning 3-bedroom, 2-bath home offers peace of mind with everything brand new. The renovation includes new electrical, plumbing, HVAC, water heater, windows, and exterior siding, delivering modern efficiency and

  Mark Wilson Coldwell Banker Collins-Maury

  1545 Oakwood St, Memphis, TN 38108
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  /15

  $120,000

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

  4564 Stage Rd, Memphis, TN 38128

  Super Cute 2 bedroom 1 Bath Down ~~New Exterior paint and roof~~Detached double carport/garage~~hardwood floors in bedrooms and living room/ dining room combo~~Big eat in kitchen ~ additional sqftg upstairs is finished with 2 more rooms but stairs are very steep ~ No Central heat and air~

  Scott Housewirth Crye-Leike Inc., REALTORS

  4564 Stage Rd, Memphis, TN 38128
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  /19

  $112,900

  • 2 Beds
  • 2 Baths
  • 817 Sq Ft

  6747 Quail Hollow Ct Unit 2, Memphis, TN 38120

  Excellent location condo in East Memphis prime location, stunning 2BD/2 FULL BATH in River Oaks neighborhood. Open floor, just a few steps from the pool. Split floor plan, all vinyl wood flooring, washer/dryer included, 3 pools on the property for your enjoyment. Can be long term owner-occupied or leased - a great investment. New kitchen granite countertop, New refrigerator, New oven, Low monthly

  Vivian Leow Arena International Realty, In

  6747 Quail Hollow Ct Unit 2, Memphis, TN 38120
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  /27

  $135,000

  • 4 Beds
  • 1.5 Baths
  • 1,153 Sq Ft

  3733 Brompton Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Tenant occupied 4 Bedroom 1.5 Bath home with covered parking currently rented at $1195/mo. Home has a large front porch, REHABBED in late 2025, huge primary bedroom with attached bathroom, and a large back yard (no neighbor behind). This could be a great addition to your rental portfolio. Professionally managed by Renshaw. No sign in the yard. Please do not disturb or approach

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3733 Brompton Rd, Memphis, TN 38118
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  /10

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,306 Sq Ft

  1450 Oaklawn St, Memphis, TN 38114

  Duplex in growing 38114. One sided recently vacant. New roof, Exterior Paint, New wood fence, HVAC condensers, Full interior remodel, New Kitchen and Bath. Excellent addition to your rental portfolio, excellent cash flow. Do not Disturb Tenants. Inspection with accepted offers only. No wholesalers or owner financing offers.

  Brett Bernard The Stamps Real Estate Company

  1450 Oaklawn St, Memphis, TN 38114
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  /17

  $135,000

  • 2 Beds
  • 2 Baths
  • 1,179 Sq Ft

  3589 Covington Pike Unit 513, Memphis, TN 38128

  Completely renovated and move-in ready! This spacious 2-bedroom condo at Luther Village Condos has been thoughtfully updated with new floors, fresh paint, and beautifully remodeled kitchen and bathrooms. The open, light-filled layout flows effortlessly to a west-facing balcony—perfect for relaxing evenings and enjoying breathtaking sunset views. Prime Memphis location close to everything.

  Michael Bryan Bryan Realty Group

  3589 Covington Pike Unit 513, Memphis, TN 38128
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  /4

  $134,000

  • Land
  • 2.1 Acres
  • $63,810 per Acre

  4501 S 3rd St, Memphis, TN 38109

  Over 2 acres available in a prime commercial location. This is the perfect location to build your new commercial building. Perfect for an existing or future business! Can be sold together with MLS #'s 10199306,10199303,10199305,10199299

  Jeff Goff Keller Williams

  4501 S 3rd St, Memphis, TN 38109
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  /18

  $155,000

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  1774 Euclid Ave, Memphis, TN 38114

  Franchesca Filsinger Emmett Baird Realty, LLC

  1774 Euclid Ave, Memphis, TN 38114
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  /27

  $120,000

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

  858 Eyers Rd, Memphis, TN 38109

  RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  858 Eyers Rd, Memphis, TN 38109
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  /21

  $119,900

  • 3 Beds
  • 1 Bath
  • 994 Sq Ft

  2104 Alta Vista Ave, Memphis, TN 38127

  The property is currently occupied, please do not disturb the tenant. Property underwent an extensive renovation in 2024. New breaker panel (2024), all new windows (2024), new hot water heater (2024), new HVAC (2024) and updated kitchen and bathroom.

  Lauren McNary Marathon REALTORS, LLC

  2104 Alta Vista Ave, Memphis, TN 38127
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  /5

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,045 Sq Ft

  5061 Stacey Rd, Memphis, TN 38109

  TENANT-OCCUPIED INVESTMENT PROPERTY! Charming 3BR/1BA home generating $1,095/month with a recently renewed lease through 2/28/2027. Situated on a quiet street, the property features a functional, low-maintenance layout ideal for long-term tenancy. Professionally managed, truly turnkey income. Maintenance report and tenant ledger available upon request. Please do not disturb tenant.

  Jeremy Veldman KAIZEN Realty, LLC

  5061 Stacey Rd, Memphis, TN 38109
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  /2

  $155,000

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

  4243 Sunnyslope Dr, Memphis, TN 38141

  PACKAGE SALE. THREE properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3711 Wolf Trail Dr, 3421 Adrick Rd and 4243 Sunnyslope. All properties rented & occupied. Total purchase price is $415,000. Combined monthly rent collected $3140. Text or call listing agent for more details. Properties NOT being sold separately. No showings without an

  Brook Loper 901 Properties

  4243 Sunnyslope Dr, Memphis, TN 38141
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  /2

  $119,900

  • 4 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  873 Norfleet Ave, Memphis, TN 38109

  Tenant occupied with valid lease until 5/31/26. Rented at $1,195 a month. Great turn key rental.

  Joe King Marathon REALTORS, LLC

  873 Norfleet Ave, Memphis, TN 38109
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  /9

  $120,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  220 Elder Rd, Memphis, TN 38109

  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

  220 Elder Rd, Memphis, TN 38109
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  /10

  $146,000

  • 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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  /10

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,250 Sq Ft

  304 Harrell St, Memphis, TN 38112

  Completely Renovated Income Property in Binghampton! This 4 bedroom, 2 bath home is move-in ready and packed with opportunity. Whether you’re an investor looking for strong rental income or a buyer seeking a low maintenance home with long-term potential, this property delivers. Recently updated from top to bottom, the home features new flooring, fresh paint, modern fixtures, and updated systems

  Vernita Wilburn Crye-Leike, Inc., REALTORS

  304 Harrell St, Memphis, TN 38112
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  /9

  $184,000

  • 4 Beds
  • 2 Baths
  • 1,355 Sq Ft

  1481 Oaklawn St, Memphis, TN 38114

  Rare opportunity! This newly renovated duplex features attractive curb appeal and is ideally located near dining and entertainment. One side was previously rented for $975 per month, offering strong income potential. Properties like this are hard to find—schedule your showing today and see the value for yourself!

  Anna Palazola Crye-Leike, Inc., REALTORS

  1481 Oaklawn St, Memphis, TN 38114
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  /2

  $135,000

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

  4616 Blanding Dr, Memphis, TN 38118

  PACKAGE SALE. THREE properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 4616 Blanding Dr, 2865 Danville Cv and 3763 Clearbrook St. All properties rented & occupied. Total purchase price is $418,000. Combined monthly rent collected $3362. Text or call listing agent for more details. Properties NOT being sold separately. No showings without

  Brook Loper 901 Properties

  4616 Blanding Dr, Memphis, TN 38118
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  /2

  $150,000

  • 6 Beds
  • 3,199 Sq Ft

  1102 S Somerville St, Memphis, TN 38106

  Great opportunity to own a nearly finished renovation in an up-and-coming area of South Memphis. This property is still under construction, allowing the next owner to add final touches and maximize value. Major systems have already been updated, including new electrical and plumbing, providing a solid foundation for completion. Ideal for investors or owner-occupants looking to customize their

  Zakiyyah Langford MLE Realty, LLC

  1102 S Somerville St, Memphis, TN 38106
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  /8

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,559 Sq Ft

  4628 Windward Dr, Memphis, TN 38109

  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

  4628 Windward Dr, Memphis, TN 38109
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  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,769 Sq Ft

  635 Mcwhirter Ave, Memphis, TN 38127

  TENANT OCCUPIED!!!! DO NOT DISTURB TENANTS!!!! All offers must be approved prior to any insspections. Offer instructions are in the documents.

  Henry Booth Omni, REALTORS

  635 Mcwhirter Ave, Memphis, TN 38127
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  /40

  $199,900

  • 2 Beds
  • 2 Baths
  • 1,418 Sq Ft

  273 W Central Park St Unit 1, Memphis, TN 38111

  Centrally located on Tiger Lane near the Jr League, University of Memphis, Highland Strip, Poplar Plaza & Overton Square with quick access to restaurants, shopping & entertainment. Minutes to Cooper-Young, the Pink Palace, Zoo, parks, tennis courts & golf courses. This 1st-floor condo offers an open floor plan w/2 large bedrooms, 2 baths, a sep. den & dining, walk-in closet, wood floors, a large

  Glenn McDonald Integrated Assets

  273 W Central Park St Unit 1, Memphis, TN 38111
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  /22

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,072 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). Very good price for a 3

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
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  /2

  $199,955 New Construction

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

  1055 Shaw Place, Memphis, TN 38126

  Qualified buyers may receive up to $25,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and concrete

  Charlene Bailey Exit Realty Blues City

  1055 Shaw Place, Memphis, TN 38126
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  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  3063 Christine Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1229.50/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3063 Christine Rd, Memphis, TN 38118
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  /2

  $180,000

  • 3 Beds
  • 1.5 Baths
  • 1,438 Sq Ft

  4708 Bending Oaks Cove W, Memphis, TN 38128

  No city taxes! Why rent when you can buy? This lovely 3 Bedroom home can be your way to start building equity today. Call for a showing today.

  Patrice Gordon Infinity Group REALTORS, Inc.

  4708 Bending Oaks Cove W, Memphis, TN 38128
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  /8

  $155,000

  • 4 Beds
  • 2 Baths
  • 1,759 Sq Ft

  1304 Carol Dr, Memphis, TN 38116

  Looking for the perfect starter home in a prime location? This charming 4-bedroom, 2-bath house in Whitehaven could be yours! Just minutes from Elvis's Graceland, it offers both convenience and a vibrant community. Imagine enjoying the neighborhood, with great schools, parks, and local amenities just around the corner. Whether you're starting a family or looking for a fresh start, this home has

  Kevin Woods Crye-Leike, Inc., REALTORS

  1304 Carol Dr, Memphis, TN 38116
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  /2

  $159,999

  • 4 Beds
  • 2 Baths
  • 1,707 Sq Ft

  1035 Springdale St, Memphis, TN 38108

  A great opportunity to own a Cash-flowing property, a tenant-occupied duplex currently generating $1,600/month from both units combined, providing immediate income. Well-maintained property with separate entrances. Strong rental demand in the area makes this a solid long-term hold or portfolio addition. Convenient location close to amenities and commuter routes. Do not disturb tenants. Showings

  Murtaza Ali-Juma REMAX Experts

  1035 Springdale St, Memphis, TN 38108

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