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Memphis, TN Homes for Sale under $200,000

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  • /2

    $149,500

    • 3 Beds
    • 2 Baths
    • 1,329 Sq Ft

    3941 Stillwood Dr, Memphis, TN 38128

    This home has been well maintained and is currently be used as an income producing investment. It is also being sold in it's As-Is Condition.

    Gregory Fleming Townsend & Fleming, Inc.

    3941 Stillwood Dr, Memphis, TN 38128
  • /13

    $195,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,500 Sq Ft

    992 Seattle St, Memphis, TN 38114

    Beautiful 3 bed, 2.5 bath BRAND NEW Construction in Cooper Young! Comes with a 1 Year Builder Warranty. Granite, modern fixtures, amenities and finishes. Photos will be updated upon completion. Video available upon request.

    Brett Bernard The Stamps Real Estate Company

    992 Seattle St, Memphis, TN 38114
  • /20

    $158,900

    • 3 Beds
    • 1.5 Baths
    • 1,030 Sq Ft

    4251 Argonne St, Memphis, TN 38127

    Welcome to your renovated 3-bedroom, 1.5bath home!!! Updates include new luxury vinyl plank flooring, updated kitchen countertops, new light fixtures, and refreshed finishes throughout. The main bathroom features a new tub, tile flooring, and vanity, plus an additional half bath. Major improvements include a new HVAC system and a NEW ROOF!!! Property includes a 60-day repair warranty and a

    Randell Richmond eXp Realty, LLC

    4251 Argonne St, Memphis, TN 38127
  • /30

    $195,900

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

    3402 Lakeview Rd, Memphis, TN 38116

    Renovated & move-in ready! This updated 4BR/2BA home features over 1,600 sq ft eat in kitchen & breakfast bar. Enjoy new floors, fresh paint, updated baths, windows, roof, HVAC & more. Sitting on 0.76 acres, there’s room to create your dream outdoor space. The list price is $195,900, contact me or have your agent contact me to see how a first time homebuyer can get into this home for $146,925.

    Charlene Bailey Exit Realty Blues City

    3402 Lakeview Rd, Memphis, TN 38116
  • /18

    $174,900

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

    1771 Tahiti Ln, Memphis, TN 38117

    Newly Renovated Property! Great opportunity for an investor or homebuyer! Brand new kitchen cabinets and stove are now in the property! The property is currently unoccupied and readily available for viewing. Seller is willing to offer a 3% concession towards the buyer's closing costs. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or

    Mark Hart Reedy & Company, REALTORS

    1771 Tahiti Ln, Memphis, TN 38117
  • /22

    $159,500 Pre-Foreclosure

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

    3267 Allison Ave, Memphis, TN 38112

    Newly renovated 4br 2ba now available! Low maintenance brick exterior. This would make an excellent investment opportunity or owner/occupant. Vacant, easy to show!

    Caleb Parr Renshaw Company, REALTORS

    3267 Allison Ave, Memphis, TN 38112
  • /20

    $150,000

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

    3393 Berea Rd, Memphis, TN 38109

    This gorgeous fully updated home has been thoughthfully renovated from top to bottom to reflect today's style. Brand new flooring, paint, and a stunning Kitchen featuring abundant cabinetry, eye catching butcher block countertops, and a whimsical backsplash. New appliances will be installed before closing and a new HVAC unit will be installed before closing. Perfect starter home or fantastic

    James Harvey Jr Keller Williams

    3393 Berea Rd, Memphis, TN 38109
  • /5

    $118,500

    • 3 Beds
    • 1.5 Baths
    • 1,670 Sq Ft

    3382 Frayser School Dr, Memphis, TN 38127

    Solid 3-bedroom, 1.5-bath brick ranch built in 1957 with approximately 1,600 sq ft, featuring hardwood, tile and carpet floors, a carport, and a generous 0.38-acre lot in the vibrant Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 1/31/2026 at $1,125/month.

    James Wachob Foundation Property Management

    3382 Frayser School Dr, Memphis, TN 38127
  • /24

    $154,900

    • 3 Beds
    • 1 Bath
    • 1,436 Sq Ft

    4245 Cottonwood Rd, Memphis, TN 38118

    Fully renovated and move-in ready! This beautifully updated 3 bedroom, 1 bath home features a rare 2-car garage and upgrades throughout. Enjoy a brand-new roof, windows, garage door and motor, plus all new interior and exterior doors. Inside, the home offers a modern look with new luxury vinyl flooring, a fully renovated bathroom, and a stunning kitchen complete with new cabinets and granite

    Joshua Moss KAIZEN Realty, LLC

    4245 Cottonwood Rd, Memphis, TN 38118
  • /15

    $134,900

    • 2 Beds
    • 1.5 Baths
    • 1,197 Sq Ft

    635 N Merton St, Memphis, TN 38112

    Contract contingency View inside then deposit if continue. No wholesale, No Creative Financing, No seller financing, carry back or creative financing. Need Preapproval or Proof of fund before offers. For Investors ONLY. ALREADY LEASED FOR $1200 manage by owner over 2 years. Low taxes and insurance. Updated some of the Virtual Staging for you to see the potential of the property. Sellers Done all

    David Truong eXp Realty, LLC

    635 N Merton St, Memphis, TN 38112
  • /15

    $177,000

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

    6395 Golden Park Dr, Memphis, TN 38141

    Charming 3-bedroom, 2-bath home nestled in the desirable 38141 area! This move-in-ready property offers a warm and functional layout, excellent curb appeal, and a spacious fenced backyard—perfect for relaxing, entertaining, or making a smart investment.

    Thomas Zettergren Premier Realty Group, LLC

    6395 Golden Park Dr, Memphis, TN 38141
  • /23

    $145,000

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

    2937 Brandale St, Memphis, TN 38118

    This 3-bedroom, 2-bath home is a fantastic opportunity for first-time homebuyers or investors. With a functional layout, spacious bedrooms, and solid bones, this property offers great potential to personalize or rent out immediately. The home is vacant and ready for a quick close—perfect for buyers looking to move fast. Whether you're starting out or building your portfolio, this one is a smart

    Tina Sandoval Evernest Too, LLC

    2937 Brandale St, Memphis, TN 38118
  • /26

    $189,900

    • Land
    • 27.73 Acres
    • $6,848 per Acre

    0 Horn Lake Rd Unit 10654788, Memphis, TN 38109

    Memphis, TN, Shelby Co., 27 +/- acres, $189,900! Beautiful wooded acreage on Horne Lake Road! Preserved by a conservation easement! Perfect natural estate to build your dream home! Call or email Mike Newsome for details.

    Mike Newsome U S Land & Farms, LLC

    0 Horn Lake Rd Unit 10654788, Memphis, TN 38109
  • /18

    $194,900

    • 4 Beds
    • 3 Baths
    • 2,156 Sq Ft

    3844 Wilshire Rd, Memphis, TN 38111

    Here's your chance to own a renovated 4br 2ba, including the 1br 1ba efficiency attached in Sherwood Forrest. Very close to U of M. The efficiency apartment is currently tenant occupied at $900/mo. The 4br 2ba is vacant and easy to show. Showing of the occupied unit will be only after accepted offer. Great house-hack opportunity!

    Caleb Parr Renshaw Company, REALTORS

    3844 Wilshire Rd, Memphis, TN 38111
  • /2

    $100,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    855 Par Ave, Memphis, TN 38127

    Investor alert, 3 bedroom 1 bath home currently with lease in place in Patricia Heights. Contact your agent to find out lease terms. Can be bundled with 1100 Creston Ave within same neighborhood.

    Anthony McClellan REMAX Experts

    855 Par Ave, Memphis, TN 38127
  • /11

    $194,900

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

    2659 Whitman Ave, Memphis, TN 38112

    Great Investment Opportunity! This duplex currently has one side occupied and one side that is ready for an investor to rent out. Unit 2661 is occupied by a tenant who is on a lease until 12/31/2025 and they are paying $750 per month.This property was newly renovated in 2021, and a new furnace, central A/C, and hot water heater were installed at that time. There is professional property

    Alex Evans Reedy & Company, REALTORS

    2659 Whitman Ave, Memphis, TN 38112
  • /4

    $140,000

    • Land
    • 0.31 Acre
    • $451,613 per Acre

    4305 Haverhill Rd, Memphis, TN 38111

    Set on a generous ~103' x 140' (0.31 acre) homesite in one of East Memphis’ most established neighborhoods, this property offers the opportunity to design and build the residence you’ve always envisioned. The mature setting and enduring character of the community make this level lot an ideal canvas for your plans. Homesites of this quality and location are a rare find in East Memphis—an

    Kenneth Koleyni KeKo Realty, LLC

    4305 Haverhill Rd, Memphis, TN 38111
  • /4

    $150,000

    • Land
    • 0.5 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
  • /16

    $195,000 New Construction

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

    988 Seattle St, Memphis, TN 38114

    Beautiful 3 bed, 2.5 bath Brand New Construction in Cooper Young! Comes with a 1 Year Builder Warranty. Granite, Modern Fixtures, Amenities and Finishes. Please use Offer Information Sheet when writing your Offer. Photos will be updated upon completion which is estimated at 4/30/2025. Video available upon request. Text Brett Bernard or Marissa Miller for more information.

    Brett Bernard The Stamps Real Estate Company

    988 Seattle St, Memphis, TN 38114
  • /2

    $145,000

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

    3693 Hermitage Dr, Memphis, TN 38116

    This home has approximately 2,072 square feet of living space with room to transform into just what you have been looking for. Wood lot in a nice area. Lots of commercial just minutes away. Occupied Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of

    Lori Brown Realhome Services & Solutions

    3693 Hermitage Dr, Memphis, TN 38116
  • /2

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,333 Sq Ft

    132 Majuba Ave, Memphis, TN 38109

    Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering

    Bridget Jordan Epique Realty

    132 Majuba Ave, Memphis, TN 38109
  • /18

    $124,900

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

    1947 Tulsa Ave, Memphis, TN 38127

    THIS PROPERTY WILL NOT GO FHA/VA. NICE 4 BEDROOM HOME IN THE FRAYSER AREA. RECENTLY UPDATED AND THIS MAY BE AN OPTION FOR YOUR INVESTOR CLIENT. CLOSE TO BUS LINE AND ENTERTAINMENT,GAS, HIGHWAY AND INTERSTATE ACCESS WITHIN MINUTES OF PROPERTY.

    Juan Brooks Process Realty Services

    1947 Tulsa Ave, Memphis, TN 38127
  • /18

    $124,964

    • 2 Beds
    • 1 Bath
    • 834 Sq Ft

    1580 Marianna St, Memphis, TN 38114

    Charming, move in ready, renovated 2 bedroom, 1 bath home with inviting living, dining, and sun rooms that fill the space with natural light. Recent updates include a new HVAC system, fresh paint, new carpet, updated bathroom, modern fixtures, and more. The classic brick exterior adds timeless appeal, while the long driveway and detached garage provide plenty of parking and storage options. Enjoy

    Fara Captain Zeitlin Sotheby's Internation

    1580 Marianna St, Memphis, TN 38114
  • /2

    $105,000

    • 4 Beds
    • 2 Baths
    • 1,443 Sq Ft

    813 N Dunlap St, Casper, TN 82609

    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

    813 N Dunlap St, Casper, TN 82609
  • /15

    $138,000

    • 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
  • /23

    $185,000

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

    107 S Front St Unit 34, Memphis, TN 38103

    Charming condo in the heart of downtown. Super nice hardwood floors. Open & spacious living areas, great natural light. Private outdoor balcony overlooking a wonderful courtyard patio area. Laundry facilities on your same floor. Stainless steel appliances. Kitchen with breakfast bar. You can walk everywhere and just steps from the river.

    Richard Travers Crye-Leike, Inc., REALTORS

    107 S Front St Unit 34, Memphis, TN 38103
  • /14

    $124,900

    • 2 Beds
    • 2.5 Baths
    • 1,302 Sq Ft

    6604 Gazebo Cove, Memphis, TN 38115

    Great tenant occupied home. Rent is $925/mo. Lease until Feb. 2026. Large great room with fireplace. Two primary bedrooms upstairs - each with their own bath, and a half bath down. Eat-in kitchen. Patio and upstairs laundry room. Water Heater - 2022, Newer roof and HVAC System. Home had significant updates in the past 12-24 months.

    Brandon Smith Smith Family Real Estate, LLC

    6604 Gazebo Cove, Memphis, TN 38115
  • /27

    $189,900

    • 4 Beds
    • 1 Bath
    • 2,091 Sq Ft

    4948 Knight Arnold Rd, Memphis, TN 38118

    Beautiful Remodeled Home for Sale – 4 Bedrooms, 1 Bathroom The home has been fully remodeled from top to bottom, features 4 spacious bedrooms, perfect for a large family, home office, or guest rooms. It includes a wood kitchen with an open-concept layout, seamlessly connected to the living areas for a warm and inviting feel. Additionally, the property: fully renovated bathroom and Large attic

    Itzel Sanchez Bustamante Keller Williams

    4948 Knight Arnold Rd, Memphis, TN 38118
  • /9

    $108,000

    • 3 Beds
    • 1 Bath
    • 938 Sq Ft

    247 Modder Ave, Memphis, TN 38109

    GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home is rented for $950/month and under professional management. Lease is good until 7/31/2026. Totally renovated in 2023 including new roof, new HVAC, new carpet, cabinets, window fixtures, and much more! Tenant ledger and maintenance report available upon request. Please do not disturb tenant.

    Jeremy Veldman KAIZEN Realty, LLC

    247 Modder Ave, Memphis, TN 38109
  • /9

    $114,999

    • 3 Beds
    • 1 Bath
    • 988 Sq Ft

    5142 Fairley Rd, Memphis, TN 38109

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1075 per month and is on a lease from 5/14/2025 to 5/13/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

    Alex Evans Reedy & Company, REALTORS

    5142 Fairley Rd, Memphis, TN 38109
  • /36

    $199,900

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

    2894 Midland Ave, Memphis, TN 38111

    Charming brick 2BR/1.5 BA home offers far more space than expected, featuring a huge den perfect for movie nights or gatherings, plus an additional room that works beautifully as a dedicated office, crafting room, or study space. Located just minutes from Cooper-Young, Overton Square, and University of Memphis, it’s an ideal fit for anyone giving the convenience of Midtown paired with the comfort

    Brenda Gibney 901 Real Estate Services

    2894 Midland Ave, Memphis, TN 38111
  • /11

    $163,000

    • 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
  • /3

    $150,000

    • Land
    • 2.49 Acres
    • $60,241 per Acre

    580 Rocky Point Rd, Cordova, TN 38018

    Are you ready to build your dream home? Check out this 2.49 acres of land in the county! Shelby County Taxes Only! The owner has put a wire fence around the property. There are two parcels included in this land sale to include the 2.49 acres D0215 00771 (0.356 acres) & D0215 00772 (2.132 acres). Owner is selling both together.

    Monica Bynum Crye-Leike, Inc., REALTORS

    580 Rocky Point Rd, Cordova, TN 38018
  • /7

    $130,000

    • 3 Beds
    • 2 Baths
    • 1,154 Sq Ft

    3213 Applewood Cove, Memphis, TN 38118

    INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $1,150/month through 2/28/2026. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

    James Wachob Foundation Property Management

    3213 Applewood Cove, Memphis, TN 38118
  • /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
  • /12

    $169,000

    • 3 Beds
    • 1.5 Baths
    • 1,234 Sq Ft

    6237 Thrushcross Dr, Memphis, TN 38134

    Check out this 3 bed 1 and a half bath home in a great neighborhood. Great option for owner occupant or investor.

    Micah Thomas Hayes Homes and Realty, Inc

    6237 Thrushcross Dr, Memphis, TN 38134
  • /15

    $189,900

    • 3 Beds
    • 2 Baths
    • 1,241 Sq Ft

    7875 Brady Creek Cove, Cordova, TN 38016

    This charming home offers 3 bedrooms and 2 full bathrooms, featuring an updated kitchen and bathrooms. Enjoy relaxing gas log fireplace in the inviting open living space. All appliances stay! Step outside to a cozy fenced back yard with a lovely patio. The HVC system just a few years old. Brand New Floor.

    Lila Mehdian Crye-Leike, Inc., REALTORS

    7875 Brady Creek Cove, Cordova, TN 38016
  • /17

    $129,900

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

    1055 N Avalon St, Memphis, TN 38107

    Great Home Close to Mclean and Vollintine / This brick home sits on a corner lot, all brick, great side porch, and off-street parking in the rear of the home. This home features 3 bedrooms, 1 full bath, and real hardwood flooring throughout. This very charming home has all the features you would expect in a midtown home. This great home is waiting for you to make it your own...call to schedule a

    Ben Strauch Skyline Realty

    1055 N Avalon St, Memphis, TN 38107
  • /28

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,739 Sq Ft

    3620 Archwood Dr, Memphis, TN 38128

    Super cute & lovingly maintained! Fantastic floorplan with den open to eat-in kitchen! NEWER HVAC & Roof! Formal living & formal dining rooms! Cozy wood-burning fireplace in den! Primary bedroom w/ walk-in closet & en suite bathroom! Dedicated laundry room! Appliances can stay! HUGE floored attic! Great lot with large backyard & patio! Close-knit neighborhood! ESTATE SALE Weekend of Dec 5!

    Lauren Waites Real Estate Agency

    3620 Archwood Dr, Memphis, TN 38128
  • /13

    $150,000

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

    4285 Fairmont Ave, Memphis, TN 38108

    Charming 3 bed 1 bath home in the heart of Berclair. Recently renovated with hardwood floors, a bright front living room, open dining/kitchen area, and a spacious back den with fireplace. Includes laundry room, three large bedrooms, and rare two-car detached garage with shop plus a one-car carport. Great starter or investment property. Currently rented, do not disturb tenants. Offers must be

    Cesar Lara Fast Track Realty, LLC

    4285 Fairmont Ave, Memphis, TN 38108

Showing Results 601 - 640, Page 16 of 18

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