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Memphis, TN Homes under $200,000

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  • /2

    $119,900

    • 1 Bed
    • 1 Bath
    • 960 Sq Ft

    1463 Effie Rd, Memphis, TN 38106

    DO NOT THE TENANT! This duplex offers a potential rental income of $1400! It features one bedroom and one bathroom. The units have been renovated and are ready for a prospective new owner.

    Sherita McCray Assured Real Estate Services

    1463 Effie Rd, Memphis, TN 38106
  • /2

    $106,000

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

    3040 S Edgeware Rd, Memphis, TN 38118

    BIG REDUCTION!!!!Welcome Investors!!! Long-time Renters, 10 years and still love their home & area. For that reason, this makes their home perfect for the investors: Central H& A, Covered Patio, Fenced Backyard, Nice Neighborhood, located close to Fed X, Schools, & UPS. Home size is larger than It Looks!!! Please do not disturb. Schedule an appointment (Broker Bay) after an approved contract...

    Gloria Washington KAIZEN Realty, LLC

    3040 S Edgeware Rd, Memphis, TN 38118
  • /2

    $175,000

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

    3988 Silverleaf Rd, Memphis, TN 38115

    Investor special with strong potential!!! This property offers a prime opportunity for value-add improvements, both inside and out. Ideal for those looking to renovate and maximize ROI. Bring your vision----Selling "AS IS"-----Updates needed throughout.

    Latricia Wickfall Keller Williams

    3988 Silverleaf Rd, Memphis, TN 38115
  • /2

    $108,900

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

    5263 Scottsdale Ave Unit 12, Memphis, TN 38118

    INVESTOR OPPORTUNITY!!!! This condo features 3 bedrooms, 2.5 bathrooms, and is currently tenant occupied. The lease expiration date is 5|31|2026 and the monthly rent is $1280/month. Professionally managed by Reedy and Company and ready to add to your portfolio! Contact the listing agent for showing instructions and additional details. Please DO NOT disturb the tenants. Located 19 minutes from

    Raven Henderson KAIZEN Realty, LLC

    5263 Scottsdale Ave Unit 12, Memphis, TN 38118
  • /2

    $184,900

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

    1485 Faxon Ave, Memphis, TN 38104

    Speedway-Terrace Historic District Fixer Upper! This 3 beds 1 bath home perfect for investors or owner occupant buyers ready to roll up their remodeling sleeves! Yes, it needs repairs and is SOLD AS-IS, but with an FHA 203(k)rehab loan, you can purchase AND renovate with one convenient loan! Great potential-Customize to your taste. You can remodel the bathroom, kitchen, redo the plumbing,

    Melody Jaramillo Realty International, Inc.

    1485 Faxon Ave, Memphis, TN 38104
  • /2

    $169,500

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

    920 N Auburndale St, Memphis, TN 38107

    Vollintine-Evergreen Historic District Fixer Upper! This 3 beds 1 bath home perfect for investors or owner occupant buyers ready to roll up their remodeling sleeves! Yes, it needs repairs and is SOLD AS-IS, but with an FHA 203(k)rehab loan, you can purchase AND renovate with one convenient loan! Great potential-Customize to your taste. You can remodel the bathroom, kitchen, redo the plumbing,

    Melody Jaramillo Realty International, Inc.

    920 N Auburndale St, Memphis, TN 38107
  • /2

    $200,000

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

    1776 Dorrie Ln, Memphis, TN 38117

    Attention investors! Add this cash-flowing rental property to your portfolio! Current owner spent nearly $40k on updates since in 2022: NEW ROOF, FULLY RENOVATED BATHROOMS, ALL NEW interior paint, NEW kitchen cabinets & countertops, NEW washer, dryer, dishwasher garbage disposal, sink, ceiling fans, NEW landscaping and more! All hardwood floors & tile - NO CARPET! Awesome one-level floorplan with

    Lauren Waites Real Estate Agency

    1776 Dorrie Ln, Memphis, TN 38117
  • /2

    $139,500

    • 2 Beds
    • 1 Bath
    • 1,769 Sq Ft

    635 Mcwhirter Ave, Memphis, TN 38127

    Tenant occupied!!! Do not disturb the tenants. All offers must be approved prior to any inspection. Offer instructions are in the attached documents.

    Henry Booth Omni, REALTORS

    635 Mcwhirter Ave, Memphis, TN 38127
  • /2

    $139,900

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

    79 E Shelby Dr, Memphis, TN 38109

    This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

    Joye Martin Miller Martin Realty

    79 E Shelby Dr, Memphis, TN 38109
  • /2

    $100,000

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

    1535 Southern Ave, Memphis, TN 38114

    Lots of potential for this investor special! Currently being marketed for rent!

    Alissa Fowler CrestCore Realty MphsBrokerage

    1535 Southern Ave, Memphis, TN 38114
  • /2

    $125,000

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

    2218 Kingsley Cove, Memphis, TN 38127

    Occupied, cashflowing house in a really nice area of Frayser. Rented for $1150/month currently, with renewal due this month. Nice sized house with great long-term rentability as a 3/2 with a 2-car garage - this one will be such a solid addition to your portfolio for years to come. Buyer to verify all facts. NO wholesaler offers or 'creative financing/seller-financing' offers will be accepted.

    Randall Weatherall Memphis Metro Realty

    2218 Kingsley Cove, Memphis, TN 38127
  • /2

    $110,000

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

    4015 N Trezevant St, Memphis, TN 38127

    Frayser is home to some of the most desirable neighborhoods for investors and houses like this make it easy to see why! Brick 3/1.5 with a carport makes for an awesome addition to just about any portfolio looking for long-term rent potential and stability. It's currently rented for $1150/month until 9/30/25 so it's ready to perform from day one! Buyer to verify all facts. NO wholesaler offers

    Randall Weatherall Memphis Metro Realty

    4015 N Trezevant St, Memphis, TN 38127
  • /2

    $100,500

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

    522 Harahan Rd, Memphis, TN 38109

    4 bedrooms duplex with 2 bath, $700 lease per side. Selling AS IS. make offer contingent upon a satisfactory interior inspection. Do not disturb tenant Investor are welcome. Call today

    Christine Abston REMAX Experts

    522 Harahan Rd, Memphis, TN 38109
  • /2

    $125,000

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

    3209 Coleman Ave, Memphis, TN 38112

    Attention Investors and Home Buyers! This charming 3-bedroom, 2-bath home is recently renovated and currently tenant-occupied, generating $1,200 per month on a month-to-month lease—an excellent rental income opportunity! Showings are available only with an accepted contract to respect tenant privacy. The property can be delivered vacant at closing, or you can choose to renew the lease and

    Zahra Sultan eXp Realty, LLC

    3209 Coleman Ave, Memphis, TN 38112
  • /2

    $120,000

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

    3356 Burgess Dr, Memphis, TN 38118

    Attention investors & First Time Buyers! Don’t miss out on this incredible gem located just minutes from FedEx and the airport! This charming property features 3 spacious bedrooms and 1.5 baths, a great room perfect for entertaining, and a huge eat-in kitchen that’s ideal for family gatherings. The fenced backyard offers privacy and space for outdoor activities, all nestled in a quiet,

    Bryant Smith The Professional Agency

    3356 Burgess Dr, Memphis, TN 38118
  • /2

    $179,900

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

    2275 Jackson Ave, Memphis, TN 38112

    This is an As Is Sale Wood Floors 2 Car Detached Garage Home in need of cosmetic repairs Great oppurtunity to flip home

    Frank Pereira Jennae Realty, Inc.

    2275 Jackson Ave, Memphis, TN 38112
  • /2

    $108,000

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

    924 N Ball Rd, Memphis, TN 38106

    Excellent Investment Opportunity

    James Harvey Jr Keller Williams

    924 N Ball Rd, Memphis, TN 38106
  • /2

    $115,000

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

    5581 Blossom Ln, Memphis, TN 38115

    Currently Tenant Occupied for $1100~Do Not Disturb Tenants~Write Offer Contingent on Showing/Inspection

    Jennifer Carstensen Real Estate Agency

    5581 Blossom Ln, Memphis, TN 38115
  • /2

    $108,000

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

    5587 Crepe Myrtle Dr, Memphis, TN 38115

    REDUCED!! TENANT OCCUPIED PLEASE DO NOT DISTURB TENANT Great investment opportunity for experienced or first-time investors, tenant occupied since 11/2021, rent is currently $975 per month. Updated maintenance throughout home. Call listing agent for inquiries or to schedule a viewing.

    Justin Booth Reliable Realty & Property Mgt

    5587 Crepe Myrtle Dr, Memphis, TN 38115
  • /2

    $160,000

    • 2 Beds
    • 1 Bath
    • 1,890 Sq Ft

    1321 Halcomb Ln, Memphis, TN 38127

    Newly renovated Turnkey Cash Flowing Duplex. 1323 Halcomb Ln side recently vacated by Section 8 tenant with a $1097 two bedroom voucher. 1321 Halcomb Ln side occupied by $875 Ca$h paying tenant. Excellent investment income diversification. New 30 year architectural dimensional roof. Fresh paint in & out. New tenant proof luxury vinyl plank flooring. New light fixtures. New kitchen cabinets and

    Melody Jaramillo Realty International, Inc.

    1321 Halcomb Ln, Memphis, TN 38127
  • /2

    $110,000

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

    5997 Lofty Oak Rd Unit 59, Memphis, TN 38115

    Property is currently leased at $1155/month. No showings until there is an accepted offer. The property has been well maintained. Lease and ledger are available upon request.

    Alissa Fowler CrestCore Realty MphsBrokerage

    5997 Lofty Oak Rd Unit 59, Memphis, TN 38115
  • /2

    $100,000

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

    3478 Grey Bark Dr, Memphis, TN 38118

    This home is being sold as-is, presenting an incredible investment opportunity.

    Janet Benford Keller Williams

    3478 Grey Bark Dr, Memphis, TN 38118
  • /2

    $143,000

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

    3965 Plymouth Ave, Memphis, TN 38128

    Great turn key rental. New roof 4/2025. Currently rented for $1,295 a month with valid lease until 3/31/26.

    Joe King Marathon REALTORS, LLC

    3965 Plymouth Ave, Memphis, TN 38128
  • /2

    $135,000

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

    3562 Monessen Dr, Memphis, TN 38128

    Great turn key rental. Tenant inn place paying $1,295 a month with valid lease until 11/30/2025

    Joe King Marathon REALTORS, LLC

    3562 Monessen Dr, Memphis, TN 38128
  • /2

    $114,500

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

    4900 Applestone St, Memphis, TN 38109

    The home is in good condition for an invester purchase.

    Douglas McPherson Coldwell Banker Collins-Maury

    4900 Applestone St, Memphis, TN 38109
  • /2

    $148,500

    • Land

    0 Cypress Rd, Memphis, TN 38128

    11 lots available in the newly formed Gifted Point Subdivision. These subdivided lots offer a blank canvas for development, awaiting essential utilities including electrical, water, and sewer taps. Perfect for builders or investors looking to shape a growing community, this opportunity combines flexibility and promise. Don't miss your chance to bring your vision to life in this subdivision! Use

    Tanika Bland BEST Real Estate Company

    0 Cypress Rd, Memphis, TN 38128
  • /2

    $109,150

    • 3 Beds
    • 1 Bath
    • 100+ Sq Ft

    3696 Parfet Cove, Memphis, TN 38128

    Tenant Occupied. This charming 3-bedroom, 1-bathroom is a great investment opportunity. The property is tenant-occupied, generating a steady rental income of $940 per month, with a lease secured until 02/28/2025. Situated on a quiet cove, this home offers a functional layout, low maintenance features, and a desirable location for tenants. With reliable cash flow and a stable lease in place, this

    James Wachob Foundation Property Management

    3696 Parfet Cove, Memphis, TN 38128
  • /2

    $150,000

    • Land
    • 3.36 Acres
    • $44,643 per Acre

    0 Berryhill Rd Unit 10185975, Unincorporated, TN 38016

    The land has been cleared with a great portion of trees removed. Owner is motivated to sell this 3.3 acre property zoned CA (Conservative Agriculture, but could be developed for Single Family Homes. Utilities able to be placed from adjacent subdivision and offers lots of the seclusion. Show and sell today. Owner will not finance.

    Daryl Lewis Infinity Group REALTORS, Inc.

    0 Berryhill Rd Unit 10185975, Unincorporated, TN 38016
  • /2

    $101,900

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

    1611 S Michelle Cir, Memphis, TN 38107

    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

    1611 S Michelle Cir, Memphis, TN 38107
  • /2

    $114,000

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

    861 Buntyn St, Memphis, TN 38114

    Perfect home for first time home buyer or investors. This is a 3 bedrooms 1 bath home, one year old roof, new wiring, plumbing and 6 month old hvac system. Only 6 minutes drive from university of Memphis making it ideal for rental property. 1814 Marjorie St and 44 Peebles St are up for sale too. Buy it individually or all three houses together. Ideal for investors who wants to increase their

    Ali Nawaz KAIZEN Realty, LLC

    861 Buntyn St, Memphis, TN 38114
  • /2

    $129,000

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

    1814 Marjorie St, Memphis, TN 38106

    Welcome to this charming 3-bedroom, 2.5-bath home located in a quiet, desirable neighborhood! The property features a spacious layout, perfect for both everyday living and entertaining. Enjoy the convenience of an open kitchen and dining area, a large living room with plenty of natural light, and a cozy backyard for relaxation or gatherings. The master bedroom includes full bath, while the two

    Ali Nawaz KAIZEN Realty, LLC

    1814 Marjorie St, Memphis, TN 38106
  • /2

    $100,000

    • Land
    • 3.23 Acres
    • $30,960 per Acre

    0 Southwall St, Memphis, TN 38114

    BACK ON MARKET due to Buyer's building plans falling through. Vacant land/lot. Undeveloped 3.226 acres immediately behind existing homes. Zoned Residential and could be perfect for multiple unit residential build. With a change in zoning to commercial, this would also be a great spot for a business or warehouse. Only 12 minutes from Memphis International Airport.

    Anna Acosta Snyder Centric Realty LLC

    0 Southwall St, Memphis, TN 38114
  • /2

    $129,900

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

    5246 Lochinvar Dr, Memphis, TN 38116

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38116 area. Cash flowing with a monthly rental amount of $1,095/month. Currently 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

    5246 Lochinvar Dr, Memphis, TN 38116
  • /2

    $200,000

    • Land
    • 9 Acres
    • $22,573 per Acre

    00 Yale Rd, Memphis, TN 38133

    Fantastic location busy High traffic area of Bartlett. Zoned office. Long Frontage on Yale Rd. Some flood land. Owner anxious to sell. Beautiful, Level, vacant land.

    Jim Norman Keller Williams

    00 Yale Rd, Memphis, TN 38133
  • /2

    $143,990

    • Land
    • 20 Acres
    • $7,276 per Acre

    3007 Hawkins Mill Rd, Memphis, TN 38128

    19.79 ACRES FOREST LOT. Close to development for logistics of major companies.

    Ralph Harvey List With Freedom.Com, Inc.

    3007 Hawkins Mill Rd, Memphis, TN 38128
  • /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
  • /2

    $189,000

    • Land
    • 0.29 Acre
    • $651,724 per Acre

    3553 Walnut Grove Rd Unit Lot 2, Memphis, TN 38111

    Great level lot with some mature trees. Located in a prime area with expensive homes surrounding it. adjacent to Galloway Golf course. Lots in this area are extremely rare.

    Linda Sowell Sowell, Realtors

    3553 Walnut Grove Rd Unit Lot 2, Memphis, TN 38111
  • /2

    $199,000

    • Land
    • 0.66 Acre
    • $301,515 per Acre

    270 Ellawood Ln, Collierville, TN 38107

    Beautiful one-half acre lot in the Collierville Historic District. A very rare find. Just off a quiet cove. Lot is mostly wooded and is perfect for your dream home. This lot is one of two. Collierville Schools. Utilities at the street.

    Craig Smith Banyan Tree, REALTORS

    270 Ellawood Ln, Collierville, TN 38107
  • /2

    $100,000

    • Land
    • 0.25 Acre
    • $400,000 per Acre

    4539 Weaver Rd SW, Memphis, TN 38109

    TWO (2) PARCELS....OVER 12 ACRES..... GREAT LOCATION FOR BUILDING NEW AFFORDAABLE HOUSING IN SOUTHWEST SHELBY COUNTYT..... EXCELLENT FRONTAGE!!! PRICE REDUCED!!!

    Georgia Torrance Torrance Real Estate

    4539 Weaver Rd SW, Memphis, TN 38109
  • /2

    $100,000

    • Land
    • 12 Acres
    • $8,673 per Acre

    4487 Weaver Rd S, Memphis, TN 38109

    EXCELLENT FOR NEW HOME CONSTRUCTION........GREAT FRONTAGE ON WEAVER ROAD......(2) PARCELS ALMOST 12 ACRES.... .25 ACRES ALREADY CLEARED AND READY FOR BUILDING.

    Georgia Torrance Torrance Real Estate

    4487 Weaver Rd S, Memphis, TN 38109

Showing Results 601 - 640, Page 16 of 18

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