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Memphis, TN Homes under $200,000

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  • /27

    $145,000

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

    1960 N Parkway Unit 1106, Memphis, TN 38112

    Super, Super Views and Position In An Outstanding Location So Convenient to So Many LifeStyles and Choices! Extra Large Living Room, Great Space In the Kitchen, and Amazing Balcony To Enjoy So Many Different Views! Long Time Resident is Retiring and Moving Out of State. Please Excuse the Packing!

    Bill Malone Crye-Leike, Inc., REALTORS

    1960 N Parkway Unit 1106, Memphis, TN 38112
  • /9

    $188,000

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

    3845 Sybil St, Memphis, TN 38127

    Remodeled!!! New everything!!! New windows, Roof, Paint, Furniture & Appliances!!!! House is currently being rented as an Air B&B. Owner is selling the house with all its contents. (furniture & appliances) No Owner Financing

    Corey Seymore Crye-Leike, Inc., REALTORS

    3845 Sybil St, Memphis, TN 38127
  • /11

    $130,000

    • 2 Beds
    • 1 Bath
    • 1,350 Sq Ft

    284 Ingle Ave, Memphis, TN 38109

    BACK ON THE MARKET!!! NO FAULT OF THE SELLER OR THE PROPERTY!! LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! Both sides occupied with a positive monthly income $1,348. 1yr lease in place for both tenants. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO

    Stephanie Moss BEST Real Estate Company

    284 Ingle Ave, Memphis, TN 38109
  • /2

    $144,900

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

    3955 Stillwood Dr, Memphis, TN 38128

    Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $1,287.50/month. The lease is on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3955 Stillwood Dr, Memphis, TN 38128
  • /19

    $185,000

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

    1111 N Watkins St, Memphis, TN 38107

    DO NOT MISS THE DEAL COMPLETELY RENOVATED 4BDRM/2BATHS FOYER LIVRM/DININGRM COMBINATION HEARTH RM BREAKFAST BAR LAUNDRY CLOSET PANTRY LOTS OF CLOSETS ALL NEW; ARCHITECTURAL SHINGLES ROOF A/C HEATER TANKLESS HOT WATER HARDWOOD FLOORS EZ TO SHOW (SEE DOCS) CLT $185,000 NO CLT $230,000 NO INVESTORS ALL NEW APPLIANCES WOOD FENCE

    Gloria Renau Clayborne Wilkerson KAIZEN Realty, LLC

    1111 N Watkins St, Memphis, TN 38107
  • /12

    $114,500

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft

    245 Madison Ave Unit 402, Memphis, TN 38103

    Come see this beautiful, move in ready loft. Freshly painted within the last year. All appliances stay. This building over-looks the Redbird stadium, and minutes from Beale Street. The architecture of the building is amazing. The apartment boasts brick walls and separate living space.

    Andre Pruitt TRG Real Estate Services, LLC

    245 Madison Ave Unit 402, Memphis, TN 38103
  • /3

    $149,750

    • 2 Beds
    • 1 Bath
    • 1,739 Sq Ft

    3117 Pacific Ave, Memphis, TN 38112

    INVESTORS ONLY! Fully rented brick duplex....each side rented at $550 (total rent is $1100). Long term tenants are currently MTM. Roof is 2 years old. Tenants pay all utilities. Each unit has 2 bedrooms & central heat & air plus gas cooking. Online video available upon request. Could be an excellent addition to your rental portfolio. No blind offers, no creative or owner financed offers. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3117 Pacific Ave, Memphis, TN 38112
  • /21

    $148,000

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

    5995 Lofty Oak Rd, Memphis, TN 38115

    GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

    Jeremy Veldman KAIZEN Realty, LLC

    5995 Lofty Oak Rd, Memphis, TN 38115
  • /2

    $108,000

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

    1817 S Barksdale St, Memphis, TN 38114

    Great investor opportunity. Updated with tenant in place. Rent amount $930.00. Do not disturb tenant.

    Jeremy Moore C21 Patterson & Assoc. Real Es

    1817 S Barksdale St, Memphis, TN 38114
  • /4

    $118,000

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

    2249 Stephanie Ave, Memphis, TN 38127

    Great investor property. Renovated with tenant. New Floors, New Paint, Updated Fixtures. Rent amount $1,346.00.

    Jeremy Moore C21 Patterson & Assoc. Real Es

    2249 Stephanie Ave, Memphis, TN 38127
  • /25

    $175,000

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

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

    Owner will consider any reasonable offer! Enjoy High-rise living in this spacious 3 bedroom 3 bath condo. This unit has 3 balconies. The building has a 24 hour security guard, outdoor pool, area for grilling, party room with a kitchen, exercise room, laundry room, 2 guests suites available for rent. Parking is $20 per spot. No rentals or pets allowed. Cash only sale.

    Pam Beall Crye-Leike, Inc., REALTORS

    475 N Highland St Unit 3F, Memphis, TN 38122
  • /15

    $109,900

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

    810 Northaven Dr, Memphis, TN 38127

    Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio

    Monica Bynum Crye-Leike, Inc., REALTORS

    810 Northaven Dr, Memphis, TN 38127
  • /2

    $120,000

    • Land
    • 0.78 Acre
    • $153,846 per Acre

    2777 Frayser Blvd, Memphis, TN 38127

    Great Location. Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** Also offering 2793 Frayser Parcel: 072107-00066 and 2811 Frayser Parcel: 072107-00068

    Timika Montes de Oca Adaro Realty, Inc.

    2777 Frayser Blvd, Memphis, TN 38127
  • /31

    $144,500

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

    475 N Highland St Unit 1K, Memphis, TN 38122

    NEW PRICE! Seller will consider short term OWNER FINANCING at a favorable rate for qualified buyers with significan down payment. Renovated 2 bedrom, 2 bat unit n the GROUND FLOOR with 2 private patios, hardwood and new carpet; new appliances; new bathroom vanities; and granite. Enjy the Pool, gym, grilling area, 24 HOUR FRONT DOOR ATTENDANT; and GATED PARKING. Walk to the Greenline or

    Jennifer & Joel Hobson Hobson, REALTORS

    475 N Highland St Unit 1K, Memphis, TN 38122
  • /11

    $100,000

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

    3173 Chisca Ave, Memphis, TN 38111

    Opportunity is Knocking!! Discover this delightful home in the vibrant University of Memphis area. Featuring 2 bedrooms, hardwood floors, and a charming front porch, this property is an excellent investment opportunity or a perfect starter home. Conveniently located near the university and numerous local attractions. This home qualifies for $2,000 down payment assistance with Trustmark

    Melissa Blume Thompson eXp Realty

    3173 Chisca Ave, Memphis, TN 38111
  • /2

    $128,000

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

    1251 Lamar Ave, Memphis, TN 38104

    Make this home your project. Complete rehab needed. AS-IS

    Andre Pruitt TRG Real Estate Services, LLC

    1251 Lamar Ave, Memphis, TN 38104
  • /2

    $160,000

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

    5338 Hickman St, Memphis, TN 38116

    Investor special! Existing resident renewed the lease at $1375/month through 7/1/26. Showings can be scheduled with an accepted offer. Interior photos available upon request. Home features a new AC.

    James Wachob Foundation Property Management

    5338 Hickman St, Memphis, TN 38116
  • /2

    $199,000

    • Land
    • 0.42 Acre
    • $473,810 per Acre

    3545 Walnut Grove Rd, Memphis, TN 38111

    This is a great development opportunity or the chance to build your dream home. Great location, level lot with some trees. This is one of two lots that are available.

    Linda Sowell Sowell, Realtors

    3545 Walnut Grove Rd, Memphis, TN 38111
  • /3

    $120,000

    • Land
    • 1.00 Acre
    • $120,000 per Acre

    2793 Frayser Blvd, Memphis, TN 38127

    Location Location Location! 1.009 acres. Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this great opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** 2793 Frayser Parcel Id: 072107-00066

    Timika Montes de Oca Adaro Realty, Inc.

    2793 Frayser Blvd, Memphis, TN 38127
  • /10

    $128,000

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

    6756 Racquet Club Dr Unit 46, Memphis, TN 38119

    ATTRACTIVE, UPDATES, WELL MAINTAINED - NEW MASTER BATH - FANS - COVERED PATIO W/FAN & STORAGE - FENSED YARD (FRONT & BACK) FULLY EQUIPED KITCHEN - VERY NICE, ATTRACTIVE & COMFORTABLE CONDO. Call Agent to schedule showing.

    Glen Booth Reliable Realty & Property Mgt

    6756 Racquet Club Dr Unit 46, Memphis, TN 38119
  • /26

    $139,999

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

    1960 N Parkway Unit 1110, Memphis, TN 38112

    Assessment will be paid off in full at closing! Make an offer! Beautifully renovated corner unit in no other than the Parkway House! If you were wondering what living in midtown is like than this home is the one! With a balcony that faces East you have a beautiful view that shows the sunrise over the exalting Rhodes College with a generous view over the Memphis Zoo. The kitchen and bathrooms

    James Hooker Tiger Realty

    1960 N Parkway Unit 1110, Memphis, TN 38112
  • /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
  • /22

    $190,000

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

    1485 Ivy Rd, Memphis, TN 38117

    Charming, recently updated 3br, 1.5ba home in the heart of East Memphis! Updated kitchen including new cabinets, fixtures, and flooring. New AC unit August 2024. New LVP flooring in kitchen, pantry, laundry room, and den. Lots of room with a Living Room, separate Dining Room, Breakfast Room, and large Den, over 1,500 square feet. New extra long driveway. Close to shopping, restaurants, and

    Bradley Conder John Green & Co., REALTORS

    1485 Ivy Rd, Memphis, TN 38117
  • /26

    $121,000

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

    2762 Overton Crossing St, Memphis, TN 38127

    Charming 3-bed, 1-bath haven! Recently remodeled bathroom features a luxurious whirlpool tub, separate shower with stylish tile backsplash. Renovated kitchen boasts granite countertops, sleek tile flooring. Fresh paint graces the living room with beautiful hardwood floors throughout. Open den seamlessly connects to the kitchen. Your dream home awaits!

    larrian currie One Stop Global Realty

    2762 Overton Crossing St, Memphis, TN 38127
  • /33

    $112,000

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

    1960 N Parkway Unit 910, Memphis, TN 38112

    Don't miss this 9th floor 2 bedroom/2 bath condo unit with one of the best views in town! Conveniently located in the heart of Midtown across from the Memphis Zoo! Hardwood floors in living rm/dining rm & hallway. This one is ready for your personal touch! Maint. fee includes all utilities. 24/7 access control personnel, beautiful pool, 12th floor entertaining space w/ rooftop access, updated

    Meredith Coughlin Keller Williams

    1960 N Parkway Unit 910, Memphis, TN 38112
  • /5

    $190,000

    • 1 Bed
    • 1 Bath
    • 1,350 Sq Ft

    1469 N Hollywood St, Memphis, TN 38108

    FULLY REHABBED DUPLEX BRINGING IN $1700/MONTH! New windows, new kitchens, bathrooms, flooring, paint, electrical/plumbing and new roof! New HVAC, with central heat and air - very rare in this style of duplex! This is a quickly-growing area for investors, just a few minutes away from the interstate, new apartments going up, and the Overton Park area! Turnkey solution for investors that want

    Randall Weatherall Memphis Metro Realty

    1469 N Hollywood St, Memphis, TN 38108
  • /4

    $150,000

    • Land
    • 1.43 Acres
    • $104,895 per Acre

    10972 U S Highway 64, Arlington, TN 38002

    BACK ON THE MARKET. For sale is the total of 1.43 acres for the lots located at 10972 and 10982. The property was rezoned as general commercial. There is about 261 feet of road frontage. Electrical and water are at the street. Soil map has been done for septic permit application.

    Elena Holcomb John Green & Co., REALTORS

    10972 U S Highway 64, Arlington, TN 38002
  • /2

    $173,700

    • Land
    • 30 Acres
    • $5,868 per Acre

    0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127

    Tremendous investment opportunity for those looking to build! HUGE parcel of land in a popular area of 38127, directly behind Hawkins Mill Elementary. This is near the new Amazon & Nike facilities. Affordable price per acre, frontage along Hawkins. Over 29 acres offered. Could be a great development one day. There was additional adjacent acreage that was recently bought by another owner so a lot

    Tyler Tapley Crye-Leike, Inc., REALTORS

    0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127
  • /4

    $150,000

    • Land
    • 0.50 Acre
    • $300,000 per Acre

    0 E Shelby Dr, Memphis, TN 38109

    Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    0 E Shelby Dr, Memphis, TN 38109
  • /4

    $150,000

    • Land
    • 0.53 Acre
    • $283,019 per Acre

    4150 E Shelby Dr, Memphis, TN 38118

    Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    4150 E Shelby Dr, Memphis, TN 38118
  • /4

    $150,000

    • Land
    • 0.54 Acre
    • $277,778 per Acre

    4140 E Shelby Dr, Memphis, TN 38118

    Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    4140 E Shelby Dr, Memphis, TN 38118
  • /2

    $160,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    1236 Darlow St, Memphis, TN 38122

    Charming 3 bed 1 bath home in 38122. Features a bright living area, functional kitchen, and spacious bedrooms. Large yard perfect for outdoor living. Conveniently located near shopping, dining, schools, and major roads. Great starter or investment property. Currently occupied on a month to month lease, do not disturb tenants. Offers must be submitted before any showings.

    Cesar Lara Fast Track Realty, LLC

    1236 Darlow St, Memphis, TN 38122
  • /2

    $126,000

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

    4403 Kerwin Dr, Memphis, TN 38128

    Nestled in the Raleigh neighborhood of Memphis, this 3-bedroom, 2-bathroom single family home is perfect for a homebuyer or investor. Was previously rented at $1,200.00 monthly. Move in ready with new updates completed.

    Jeremy Moore C21 Patterson & Assoc. Real Es

    4403 Kerwin Dr, Memphis, TN 38128
  • /2

    $160,000

    • 4 Beds
    • 2 Baths
    • 1,700 Sq Ft

    164 Eastview Dr, Memphis, TN 38111

    East Memphis investment opportunity! Brick duplex for sale. Both units 2 bed, 1 bath, paying $750/mo each side. Tenant Occupied. No showings until under contract, offers contingent upon inspection. Additional properties available.

    Patrick Surratt Crye-Leike Commercial

    164 Eastview Dr, Memphis, TN 38111
  • /2

    $169,000

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

    3579 Kearney Ave, Memphis, TN 38111

    Tenant-occupied Memphis investment property earning $1,500/month with lease through June 2026. Spacious 3BR/2BA layout with comfortable living areas and functional kitchen. Conveniently located near shopping, dining, and schools. Strong rental income with reliable long-term tenant—ideal turnkey addition to any portfolio.

    Gus Pacente Revid Property Management, LLC

    3579 Kearney Ave, Memphis, TN 38111
  • /2

    $130,000

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

    1265 Wedgewood St, Memphis, TN 38111

    Investor special! This three-bedroom, one-bathroom home sits in a quiet neighborhood and is currently tenant-occupied for long time and cash-flowing making it the perfect addition to any rental portfolio, offered at a discounted price point making it a prime investment opportunity for portfolio expansion. Featuring solid construction and a large yard, this property offers long-term rental

    Oksana Piven BEST Real Estate Company

    1265 Wedgewood St, Memphis, TN 38111
  • /2

    $134,000

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

    4658 Honeysuckle Ln, Memphis, TN 38109

    Property for Sale As--Is for this price . It is in very good shape , only needs minor repairs . Has hardwood Floors thru-out , both baths have been updated , a previous front loading garage has been enclosed to form 4th br or large den . Side loading garage has been added so there is 2-Car covered parking . Solar powered Iron gate to enclosed back yard.

    John Payne Performance, REALTORS

    4658 Honeysuckle Ln, Memphis, TN 38109
  • /2

    $200,000

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

    572 Watson St, Memphis, TN 38111

    Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,560 a month, and the lease will end on 3/31/2026. It can be sold separately or as a package deal along with 582 Watson, 3739 Spottswood, and 3863 Spottswood.

    Crystal Mitchell Renshaw Company, REALTORS

    572 Watson St, Memphis, TN 38111
  • /2

    $120,000

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

    3915 Bayliss Ave, Memphis, TN 38122

    Great Investment Opportunity!!! Occupied by a Great Tenant. Pays $750/month. No Showings Prior to Contract!

    Juan Casem Crye-Leike Inc., REALTORS

    3915 Bayliss Ave, Memphis, TN 38122
  • /2

    $114,900

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

    4970 Lochinvar Dr, Memphis, TN 38116

    This 3-bedroom, 1-bath home offers a great opportunity for owner occupant buyers or investors looking to add value. Featuring a generous backyard, this property has endless potential. Please note: The home may require additional pest treatment for suspected bed bugs. It has been previously treated. It is being sold as-is, and the price reflects the needed updates. Whether you're looking to

    Rae Ann Stimpson The Carter Group LLC, REALTORS

    4970 Lochinvar Dr, Memphis, TN 38116

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