Memphis, TN Homes for Sale under $200,000

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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 Open Sun 3PM - 4:30PM

  • 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
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  /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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  /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!

  Jeff Goff Keller Williams

  4501 S 3rd St, Memphis, TN 38109
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  /10

  $155,000

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

  4585 S Berrypick Ln, Memphis, TN 38141

  Very Nice starter Home or Rental.3 Bedrooms, 2 Baths, Kitchen with eat-in area. There is a small fenced in Backyard plus a huge detached garage/Workshop. House is neat and clean and is in good shape.

  Billy Price Crye-Leike, Inc., REALTORS

  4585 S Berrypick Ln, Memphis, TN 38141
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  /19

  $170,000

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

  3860 Capricorn Cove, Memphis, TN 38128

  10,000 Price adjustment! Relax on the Front Porch that stretches across the front of this Lovely renovated 3 Bedroom 2 Bath home! Very open floor plan has a super spacious Great Room. Move-In ready with Gleaming hardwood Floors, Renovated bathrooms, and Fresh Paint. Everything has been done, all you have to do is move in. Or it would make a super investment property. Located on a level,

  Pat Goldstein Crye-Leike, Inc., REALTORS

  3860 Capricorn Cove, Memphis, TN 38128
• 

  

  /22

  $135,500

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

  3314 Frayser View Dr, Memphis, TN 38127

  RENTED for $1350 per month! Tenant pays all utilities! Great for cash flow Turn Key Rental Investment Property Owner provides 1 year warranty that covers everything. Something other turn key properties aren't offering. Home has been tastefully and completely remodeled. Will provide great returns for years to come. Add this to your portfolio today!

  Alissa Anderson KAIZEN Realty, LLC

  3314 Frayser View Dr, Memphis, TN 38127
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  /28

  $165,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  41 N Bingham St, Memphis, TN 38112

  *** 2,500 in concessions towards buyers closing cost*** Beautifully updated 2-bedroom home with basement featuring new HVAC, updated plumbing, and granite countertops. Enjoy modern touches like LED lighting, luxury vinyl floors, new windows, and new siding. The large fenced backyard offers privacy, a storage shed, and plenty of space for outdoor living. Located in a great, convenient area, this

  Tony Payne Keller Williams

  41 N Bingham St, Memphis, TN 38112
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  /5

  $114,900

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

  1690 Berkshire Ave, Memphis, TN 38108

  INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1690 Berkshire Ave, Memphis, TN 38108
• 

  

  /19

  $125,000

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

  468 Braycliff Ave, Memphis, TN 38109

  Delightful 3-bedroom, 2-bath home offering comfort, functionality, and plenty of potential. Inside, you’ll find a living room perfect for relaxing, a versatile den ideal for a home office or guest space, and a practical kitchen ready for your personal touch. Step outside to a generously sized yard with room for gardening, play, or outdoor gatherings. Priced to sell and being sold as is, this

  Shavona Davis United Real Estate Mid South

  468 Braycliff Ave, Memphis, TN 38109
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  /13

  $200,000

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

  3094 Park Ave, Memphis, TN 38111

  This home is like new inside. It has new laminated floors, freshly painted throughout, new kitchen cabinets, everything new in bathroom, new heating and air systems, new windows and wrought iron doors. A new wood fence is being erected around the huge back yard. This property is zoned commercial, but can and is being used as residential as confirmed by the Memphis & Shelby County Code

  Joe Payne The Peyton Co., Inc., REALTORS

  3094 Park Ave, Memphis, TN 38111
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  /11

  $148,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3807 Glenburee St, Memphis, TN 38109

  NEWLY RENOVATED! This home features new flooring thru-out, new kitchen counter tops & cabinets, vent a hood, huge fenced backyard and etc.. This beautiful home is cheaper than rent and will be perfect for a first time homebuyer or perfect for an investor that wants to add to their portfolio. Tenant occupied. Currently paying $1250/mth. Lease ends August 31, 2025.

  Raquel Curry KAIZEN Realty, LLC

  3807 Glenburee St, Memphis, TN 38109
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  /9

  $169,500

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

  4947 Demeter Cove, Memphis, TN 38118

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900 Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/30/2026 recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4947 Demeter Cove, Memphis, TN 38118
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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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  /5

  $160,000

  • Land
  • 4.41 Acres
  • $36,281 per Acre

  0 Mullins Station Rd, Memphis, TN 38134

  AMAZING Opportunity for a Developer! Lot 19 is 2.56 Acres and Lot 20 is 1.85 Acres Totaling 4.41 Acres. Lot 19 Parcel ID:089051 00149 and Lot 20 Parcel ID:089051 00155 are being sold together. Small storage area with a roof is on the property.

  Melissa Blume Thompson eXp Realty

  0 Mullins Station Rd, Memphis, TN 38134
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  /14

  $180,000

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

  5028 Elton Cove, Memphis, TN 38109

  NEW PRICE ADJUSTMENT! Charming Move in Ready Home with 3 bedrooms and 2 baths. Spacious living room w/fireplace. Remodeled Bathroom & Kitchen, new light fixtures. Tenant occupied. Tenants are on a month to month payment. Please do not disturb the tenants. Showings by appointment only.

  Vuanita Jones-McArthur BEST Real Estate Company

  5028 Elton Cove, Memphis, TN 38109
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  /20

  $150,000

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

  4227 Bayliss Ave, Memphis, TN 38108

  Perfect 3 bed 2 bath in Berclair! If you are looking to expand your investment portfolio look no further either! With 3 bedrooms and 2 full baths it would make a great owner occupant home as well! Special financing options apply! Seller offering concessions to all qualified buyers! What an opportunity! Some rooms have been virtually staged to show the potential of this home! So many!

  Dana Whitworth Crye-Leike, Inc., REALTORS

  4227 Bayliss Ave, Memphis, TN 38108
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  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3889 Danny Ave, Memphis, TN 38111

  Investor Special! Enjoy instant cash flow from day one with minimal management required. Recent updates ensure low maintenance, and the property sits on a quiet street with strong rental demand. Please do not disturb tenants. Showings available with accepted offer.

  Courtney Clark Keller Williams

  3889 Danny Ave, Memphis, TN 38111
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  /13

  $170,000

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

  839 Woodlawn St, Memphis, TN 38107

  Price Improvement! -- Looking for charm and convenience? This meticulously maintained home, showcasing 2 spacious bedrooms with plush carpet, walk-in closets, and beautiful hardwood floors in common areas is just for you! With its abundance of natural light from expansive windows, a fenced in yard, covered patio and an inviting wrap around front porch, this home is the ultimate retreat for

  Andriona Thomas Renshaw Company, REALTORS

  839 Woodlawn St, Memphis, TN 38107
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  /16

  $134,900

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

  1148 Rozelle St, Memphis, TN 38106

  Move in ready 3/1 that backs up to Glenview Park! Close to to Cooper-Young! Vacant, easy to show! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  1148 Rozelle St, Memphis, TN 38106
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  /9

  $102,200

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

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  Jason Miller eXp Realty, LLC

  3421 Piney Woods Ave, Memphis, TN 38118
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  /12

  $149,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  92 S Main St Unit 202, Memphis, TN 38103

  Live in the heart of downtown Memphis! This stylish 1-bedroom, 1-bath condo offers unbeatable access to the city’s best attractions—just a short walk to the Orpheum, Beale Street, FedEx Forum, museums, restaurants and DGX grocery store. Inside, enjoy brand-new exotic acacia engineered wood flooring with upgraded subflooring, fresh paint, and a stunning brick accent wall with views over South

  Elizabeth Fair Bryan Realty Group

  92 S Main St Unit 202, Memphis, TN 38103
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  /15

  $142,000

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

  4335 N Grand Cedar Ln, Memphis, TN 38128

  Spacious three-bedroom, two-bathroom ranch located in the Cedar Ridge Plantation neighborhood of Memphis. This home features a larger floorplan than most in the area, offering ample potential for customization. The living room includes a cozy fireplace, and the kitchen is equipped with black appliances. Being sold as-is, this property is perfect for investors or buyers looking to add personal

  Robert Salmons Entera Realty

  4335 N Grand Cedar Ln, Memphis, TN 38128
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  /29

  $195,500

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

  839 Garland St, Memphis, TN 38107

  Welcome Home!! This cute bungalow style home has been beautifully remodeled and is just a rock throw from Crosstown Concourse and minutesaway from downtown and midtown. Refinished original hardwood floors, updated bathroom, central HVAC, roof, and hot water tank are amongst some of the manyrecent repairs. This 3Bed/1Bath with separate living & dining rooms, screened in porch, and a detached

  Darius Basken Keller Williams

  839 Garland St, Memphis, TN 38107
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  /8

  $117,900

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

  1869 S Lauderdale St, Memphis, TN 38106

  Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
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  /19

  $103,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4264 Double Tree Rd, Memphis, TN 38109

  Perfect for investor or homebuyer . Beautifully renovated 3bed, 1bath gem on a large corner lot, perfect for homebuyers or investors. Step into move in ready living with a bright open layout, updated kitchen, and modern finishes throughout. The oversized yard offers endless potential for entertaining, gardening, or future expansion. Located in a quiet, convenient neighborhood close to schools,

  Cali Neal KAIZEN Realty, LLC

  4264 Double Tree Rd, Memphis, TN 38109
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  /3

  $129,900

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

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
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  /16

  $127,000

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

  578 N Hollywood St, Memphis, TN 38112

  Hurry! Large classic New Orleans style home...in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace! New carpet! New kitchen counter top! New water heater! Great family home or income producing property. SPECIAL FINANCING available--up to $25,000 (see attachment for details). MOTIVATED SELLER!! No Seller financing offers; no blind offers.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  578 N Hollywood St, Memphis, TN 38112
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  /15

  $129,900

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

  2011 Lauretta Ave, Memphis, TN 38127

  Turnkey Investment with Instant Cash Flow! Fully renovated and leased with a seasoned tenant in place, this property is professionally managed by a trusted local investment firm. Inside, you’ll find bright, spacious living with hard-surface flooring, an upgraded kitchen, and modernized bathrooms. Professional property management in place. The property is currently leased at $1,195/month through

  James Wachob Foundation Property Management

  2011 Lauretta Ave, Memphis, TN 38127
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  /10

  $125,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3276 Ashland St, Memphis, TN 38127

  Fully renovated and tenanted. This home offers INSTANT CASHFLOW, strong curb appeal & freshly painted inside and out, updated landscaping, Inside features all-new flooring, upgraded kitchen and bathroom, brand-new HVAC, NEW water heater. This property is perfect for investors seeking reliable, long-term income. Professional Property Management, in place. TENANTED PROPERTY: DO NOT APPROACH OR

  James Wachob Foundation Property Management

  3276 Ashland St, Memphis, TN 38127
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  /11

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  5382 Beaverton Dr, Memphis, TN 38127

  ATTENTION INVESTORS! This Turnkey property has been fully renovated and is leased for $1050 through 9/28/2026. PROFESSIONAL PROPERTY MANAGEMENT IN PLACE. DO NOT APPROACH OR DISTURB THE TENANTS, NO SHOWINGS OF TENANT-OCCUPIED PROPERTIES WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  5382 Beaverton Dr, Memphis, TN 38127
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  /8

  $185,000

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

  269 Looney Ave, Memphis, TN 38107

  Downtown Home. This home is a gem. Freshly painted inside-out! All bedrooms are on the main level. Washer, Dryer, Electric Stove, Microwave, Refrigerator, Dishwasher, carpet, tiled floors in kitchen and baths. Downtown location close to Harbor Town, FedEx Forum, Redbirds, St. Jude, and all of the Midtown entertainment!

  Major Smith Deberry-Smith Realty LLC

  269 Looney Ave, Memphis, TN 38107
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  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127
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  /13

  $195,000

  • 4 Beds
  • 2,460 Sq Ft

  877 Polk Ave, Memphis, TN 38126

  Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit

  Cali Neal KAIZEN Realty, LLC

  877 Polk Ave, Memphis, TN 38126
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  /9

  $125,000

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

  3789 Fairoaks Ave, Memphis, TN 38122

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900 Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3789 Fairoaks Ave, Memphis, TN 38122
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  /9

  $119,900

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

  1318 Glenn St, Memphis, TN 38106

  Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today!

  Ali Nawaz KAIZEN Realty, LLC

  1318 Glenn St, Memphis, TN 38106
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  /28

  $142,000

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

  1212 Bristol Dr, Memphis, TN 38119

  End Unit Townhome in Chatham Village has two bedroom, one and a half baths. Excellent value, this condominium includes refrigerator, private patio for cookouts or relaxing, kitchen w/ breakfast bar opens to a dining room and large living room w/ hardwood floors down, primary bedroom has double closets, carpet upstairs, updated full bath, the laundry closet in the up foyer and there is attic space

  Amirio Armour Armour and Associates Realty L

  1212 Bristol Dr, Memphis, TN 38119
• 

  

  /19

  $149,999

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

  3157 Johnson Ave, Memphis, TN 38112

  Welcome to this beautifully updated single-family ranch-style home, offering comfort, charm, and modern touches throughout. This inviting residence features spacious kitchen w/attractive countertops, modern cabinetry, and lovely LVP flooring. Sizeable bedrooms w/ceiling fans offer plenty of room and additional storage space. Primary bedroom features private bath. Step outside to a generously

  Alexis Martz Trelora Realty

  3157 Johnson Ave, Memphis, TN 38112
• 

  

  /7

  $142,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  961 N Highland St, Memphis, TN 38122

  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

  961 N Highland St, Memphis, TN 38122

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