Memphis, TN Homes for Sale under $200,000

• 

  

  /2

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,423 Sq Ft

  125 E Mckellar 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

  125 E Mckellar Ave, Memphis, TN 38109
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  /12

  $119,900

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

  3191 Clarendon Rd, 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

  3191 Clarendon Rd, Memphis, TN 38118
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  /2

  $103,000

  • 3 Beds
  • 1 Bath
  • 1,086 Sq Ft

  3818 Townsend Ave, Memphis, TN 38127

  Welcome to 3818 Townsend Avenue, Memphis, TN 38127! This 3-bedroom, 1-bath apartment offers a cozy, affordable layout with strong tenant appeal. The unit includes a range, refrigerator, microwave, and vent-a-hood, along with washer/dryer and washer/dryer hookups. Enjoy year-round comfort with central air and central heat. Conveniently located near local amenities, this property is well-suited for

  James Wachob Foundation Property Management

  3818 Townsend Ave, Memphis, TN 38127
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  /25

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,524 Sq Ft

  3386 Hadley Rd, Memphis, TN 38111

  Move-In Ready and Full of Charm! Welcome to 3386 Hadley Rd, a beautifully refreshed 3-bedroom, 2-bath home that’s ready for its new owner. Step inside to discover a freshly painted interior with a clean, neutral color palette that complements any style and creates a bright, welcoming atmosphere. The home features attractive laminate flooring throughout, offering both durability and modern appeal.

  Ricky Cooper Realty Capital Management, LLC

  3386 Hadley Rd, Memphis, TN 38111
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  /12

  $184,500

  • 3 Beds
  • 1.5 Baths
  • 1,342 Sq Ft

  1864 Denison St, Memphis, TN 38111

  100% Financing available This beautifully renovated 3-bedroom, 2-bath home offers modern updates and comfortable living. Enjoy updated bathrooms, new tile flooring, and a functional layout perfect for everyday living or entertaining. Step outside to a large patio, ideal for gatherings, grilling, or relaxing outdoors. Fresh finishes throughout make this home move-in ready and a great option for

  Tony Payne Keller Williams

  1864 Denison St, Memphis, TN 38111
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  /19

  $179,000

  • 2 Beds
  • 2 Baths
  • 1,511 Sq Ft

  1026 Wingfield Rd, Memphis, TN 38122

  This well-equipped home offers two bedrooms and two full baths, with a flexible layout and thoughtful updates. The primary bedroom was originally two separate bedrooms and now provides an expansive space with two large closets. Flooring includes hardwood along with some broken tile areas. One bathroom features an accessible jetted walk-in tub for comfort and convenience. The kitchen is designed

  Beth Fuller Clearpoint, REALTORS

  1026 Wingfield Rd, Memphis, TN 38122
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  /13

  $134,000

  • 7 Beds
  • 8 Baths
  • 2,000 Sq Ft

  1497 Titus Rd, Memphis, TN 38111

  OPPORTUNITY KNOCKS! INVESTOR SPECIAL.... This home currently has 7 Bedrooms and 8 Bathrooms, an In-Ground Pool 16x35!! This would make a Great Air Bnb or short-term Rental Opportunity Game Room, Separate Den, Dining Room, and Kitchen with an island. This home needs to be converted into a 2000 square ft 4 bedroom 3 bathroom. Don't miss out! The Property Next Door is also for Sale! Make your

  Jennifer Clark KAIZEN Realty, LLC

  1497 Titus Rd, Memphis, TN 38111
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  /2

  $179,900

  • 3 Beds
  • 2,225 Sq Ft

  2369 Lamar Ave, Memphis, TN 38114

  Discover a proven cash-flowing triplex at 2369 Lamar Ave, featuring three 1-bed, 1-bath units with past rents of $500, $550, and $600. This property has been one of the seller’s consistent cash cows, delivering steady returns in a high-demand rental corridor. With strong rental history, simple upkeep, and solid tenant appeal, this is the perfect addition to any buy-and-hold portfolio. Serious

  Jessica Wright Key Connect Group, LLC

  2369 Lamar Ave, Memphis, TN 38114
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  /40

  $199,900

  • 2 Beds
  • 2.5 Baths
  • 1,275 Sq Ft

  1867 Jefferson Ave, Memphis, TN 38104

  Big Value! Prime Midtown! Move-In Ready! This beautifully renovated end-unit condo checks ALL the boxes: 2 bedrooms, 2.5 bathrooms, plus a third-floor bonus space perfect for a home office, gym, playroom, or extra lounge. You’ll love the updated kitchen and baths, fresh paint throughout, durable wood-look LVP flooring downstairs, cozy carpet upstairs, and extra outdoor patio space that’s ideal

  Elizabeth Bran The Firm

  1867 Jefferson Ave, Memphis, TN 38104
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  /30

  $200,000

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  648 Riverside Dr Unit 309, Memphis, TN 38103

  New Price! Riverside 648 is one of the coolest condos in downtown Memphis, located at the top of Riverside Drive across from River Tower and walkable down into Tom Lee Park. The rooftop views are amazing with two gas grills and plenty of seating, and you can see all downtown Memphis as well as both bridges along the river. There's also a kitchen with a full bath on the roof as well. This one

  Jennifer & Joel Hobson Hobson, REALTORS

  648 Riverside Dr Unit 309, Memphis, TN 38103
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  /20

  $190,000

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

  3739 Spottswood Ave, Memphis, TN 38111

  Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,750 a month, and the lease will end on 7/31/2025. It can be sold separately or as a package deal along with 572 Watson St, 582 Watson St, and 3863 Spottswood Ave.

  Crystal Mitchell Renshaw Company, REALTORS

  3739 Spottswood Ave, Memphis, TN 38111
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  /18

  $165,000 New Construction

  • 4 Beds
  • 2 Baths
  • 1,319 Sq Ft

  990 Par Ave, Memphis, TN 38127

  $5000 BUYER CREDIT for closings costs and prepaids!!! BRAND NEW CONSTRUCTION! INVESTOR SPECIAL! Low Maintenance! 4 bed 2 bath in a great location! 1 year Builder's Warranty included. Currently rented at $1,450/month. DO NOT DISTURB TENANT. Do not miss out on this opportunity! Exterior photo is of the same home design. Photos to be updated.

  Brett Bernard The Stamps Real Estate Company

  990 Par Ave, Memphis, TN 38127
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  /27

  $100,000

  • 1 Bath
  • 497 Sq Ft

  66 Monroe Ave Unit 1103, Memphis, TN 38103

  One of the best deals on the market in Downtown Memphis! Welcome to effortless downtown living in this beautifully maintained studio in the historic Shrine Building. This stunning unit offers breathtaking river views right from your window and is one of the rare condos in the building with a washer and dryer inside the unit. The condo comes partially furnished with built in Murphy bed, so all you

  Pam Beall Crye-Leike, Inc., REALTORS

  66 Monroe Ave Unit 1103, Memphis, TN 38103
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  /2

  $100,000

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

  671 McDavitt Place, Memphis, TN 38107

  Vacant. Located in Uptown. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  671 McDavitt Place, Memphis, TN 38107
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  /4

  $165,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1711 Myrna Ln, Memphis, TN 38117

  NO SIGN. Great rental or SFR, 3/1, hardwood floors, renovated 2 years ago with brand new roof, new electric panel, new appliances, cabinets, w/d, large fenced backyard, large screened back porch, Photos are from the renovation. Owner Agent.

  Pennie Heath Bluff City Realty Group, LLC

  1711 Myrna Ln, Memphis, TN 38117
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  /15

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,830 Sq Ft

  1659 Jackson Ave, Memphis, TN 38107

  Cute Ranch home with hardwood flooring and tall ceilings large office up front could be fourth bedroom off family room 3 bedrooms and 2 full baths nice size kitchen Owner prefers as is sale will provide credit or install ac unit prior to closing

  Frank Pereira Jennae Realty, Inc.

  1659 Jackson Ave, Memphis, TN 38107
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  /37

  $175,000

  • 4 Beds
  • 2 Baths
  • 2,141 Sq Ft

  1529 Pinecrest Dr, Memphis, TN 38111

  Spacious, well-appointed, and full of character, this property is currently operating as a successful Airbnb while also offering an excellent opportunity for owner-occupant living. Inside, you’ll find bright, comfortable spaces with hardwood floors, neutral tones, and multiple living and dining areas ideal for entertaining or everyday life. The kitchens are well equipped with ample cabinetry and

  James Wachob Foundation Property Management

  1529 Pinecrest Dr, Memphis, TN 38111
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  /30

  $139,000

  • 2 Beds
  • 2 Baths
  • 800+ Sq Ft

  6784 Quail Hollow Ct Unit 2, Memphis, TN 38120

  East Memphis Whispering Oaks Condo. 2 bedroom,2 bath upstairs unit. Ample size living room and dining room combination. Refrigerator, stove, washer, dryer included. Neighborhood swimming pool. Ideal location near restaurants, shopping, and the new Standard being built around the corner with more restaurants and shopping. Freshly painted and 2 year old HVAC. Easy to show.

  Harry Samuels Pinnacle Realty

  6784 Quail Hollow Ct Unit 2, Memphis, TN 38120
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  /16

  $154,800

  • 3 Beds
  • 1.5 Baths
  • 1,265 Sq Ft

  1809 Cherry Rd, Memphis, TN 38117

  Come see this beautiful move-in ready home! Freshly painted interior and big back yard. Perfect for a family to move right in!

  Frank Colvett REMAX Experts

  1809 Cherry Rd, Memphis, TN 38117
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  /12

  $140,000

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

  1558 Patterson St, Memphis, TN 38111

  REDUCED -Tenant Occupied , Lease will expire Nov 19, 2026, Rent $1,500 month House remodeled 1 year ago by owner Write offer contingent on Inspection Central air & Heating Beautiful Hardwood floors, 1 car carport with extra parking

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  1558 Patterson St, Memphis, TN 38111
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  /8

  $137,000

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

  3298 Spottswood Ave, Memphis, TN 38111

  This delightful, recently renovated 2-bedroom, 1-bathroom home features modern amenities and stylish finishes, making it ideal for comfortable living. Near the University of Memphis, offering convenience. New roof, updated kitchen/bathroom, and beautiful hardwood floors. Spacious backyard, ideal for gatherings. Prime location, this property is perfect for first-time buyers or investors seeking

  Crystal Mitchell Renshaw Company, REALTORS

  3298 Spottswood Ave, Memphis, TN 38111
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  /2

  $121,000

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

  4759 Allrand Rd, Memphis, TN 38118

  For Investors Only! Great addition to your rental portfolio! This property is tenant-occupied and generating $975/month in rental income with a lease secured through September 30, 2027. Recent updates completed in 2019—roof, HVAC, and water heater were all replaced prior to tenant move-in. Long-term stability with no vacancies in sight. Please note: no wholesalers or creative financing. Showings

  Thomas Zettergren Premier Realty Group, LLC

  4759 Allrand Rd, Memphis, TN 38118
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  /9

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,159 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 rented at $895, lease expires 7/31/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3789 Fairoaks Ave, Memphis, TN 38122
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  /12

  $158,500

  • 3 Beds
  • 2 Baths
  • 1,641 Sq Ft

  3333 Farmville Rd, Memphis, TN 38122

  Fully renovated 3BR/2BA home in growing 38122! Features updated kitchen, baths, flooring, paint, and newer roof/HVAC. Spacious layout with fenced yard and off-street parking. Previously rented for $1,600/month—ideal for investors or owner-occupants. Surrounded by other quality rehabs and convenient to shopping, schools, and major roads. Turnkey and move-in ready!

  Jonathan Minerick homecoin.com

  3333 Farmville Rd, Memphis, TN 38122
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  /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
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  /8

  $132,000

  • 3 Beds
  • 1 Bath
  • 941 Sq Ft

  1251 Holliday St, Memphis, TN 38122

  Convenient Location ~ Fresh Paint ~ Brick home ~ Large Backyard ~ Tiled Bath ~ No Carpet ~ Ready to Occupy!

  Taj Schuerman Keller Williams Realty

  1251 Holliday St, Memphis, TN 38122
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  /11

  $158,000

  • 2 Beds
  • 1 Bath
  • 1,275 Sq Ft

  170 S Greer St, Memphis, TN 38111

  Great Investor Opportunity in Chickasaw Gardens area.

  Elizabeth Hendricks Groome & Co.

  170 S Greer St, Memphis, TN 38111
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  /14

  $185,000

  • 3 Beds
  • 1 Bath
  • 1,098 Sq Ft

  4454 Dunn Ave, Memphis, TN 38117

  Welcome to this beautifully updated 3-bedroom, 1-bath home. This property has been recently upgraded and offers modern finishes and improvements. The kitchen features brand-new cabinets, granite countertops, a new sink, a large pantry, and updated electrical wiring. Enjoy peace of mind with all new Whirlpool appliances, including refrigerator, gas range, over-the-range microwave, dishwasher,

  Carlos Hurtado Myers Cobb Realtors, LLC

  4454 Dunn Ave, Memphis, TN 38117
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  /36

  $200,000

  • 2 Beds
  • 1 Bath
  • 1,435 Sq Ft

  1016 S Cox St, Memphis, TN 38104

  Charming, corner lot bungalow in Cooper Young, just a stone's throw from your favorite hangouts! Curl up on the porch swing with a book in hand or mosey around the corner for some live music, this home offers both quiet living and the ability to keep a pulse on the action. Kitchen features SS appliances, generous cabinet and counter space, and tons of natural light. Renovated bathroom with

  Mary Jeffrey Crye-Leike, Inc., REALTORS

  1016 S Cox St, Memphis, TN 38104
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  /20

  $122,500

  • 3 Beds
  • 1 Bath
  • 897 Sq Ft

  4900 Berta Rd, Memphis, TN 38109

  Complete Renovated/3-Bedroom, 1-bathroom home. Home has new interior/exterior paint, new LVP flooring throughout all living areas, a new kitchen with painted cabinets, new countertops, a new stainless-steel dishwasher, and a brand-new 5-burner gas stove. The bathroom was also completely updated with new tile, vanity, plumbing fixtures, and toilet, plus new doorknobs, ceiling fans, closet doors,

  Heath Gooch STIXNBRIX

  4900 Berta Rd, Memphis, TN 38109
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  /26

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,934 Sq Ft

  4428 Namur Cove, Memphis, TN 38109

  VERY MOTIVATED SELLER !! SELLERS WILLING TO PAY $5000.00 TOWARDS BUYER'S CLOSING COSTS. Charming and well maintained 3 Bedroom 2 Bath home situated in quiet cove: Located in a well established neighborhood with many long time residents, this offer offers a warm blend of character and comfort. Inside you will find a formal Living Room and Dining room as well as a sizable Den featuring fireplace

  Darcus Payne Keller Williams

  4428 Namur Cove, Memphis, TN 38109
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  /30

  $159,999

  • 2 Beds
  • 2 Baths
  • 1,129 Sq Ft

  809 Merrywood Dr Unit 4, Memphis, TN 38117

  Move-In Ready with Unmatched Value in Audubon Square! Step into this light-filled 2-bedroom, 2-bath upstairs condo in the highly desirable Audubon Square community. The open-concept layout creates a welcoming flow from the living and dining areas to a private balcony — a perfect spot to unwind or entertain. The spacious primary suite offers a double-door entry, two generous closets, and a private

  Zachary Churchey Churchey Realty

  809 Merrywood Dr Unit 4, Memphis, TN 38117
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  /2

  $189,900

  • 6 Beds
  • 4 Baths
  • 2,050 Sq Ft

  1277 Smith Ave, 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 wholesaler or assignment of contract offers will be accepted. There are 2 duplexes in one lot/parcel. 1275/1277 Smith and 1281/1283 Smith. 1277 Smith - $500 rent / month to month lease 1275 Smith - Vacant 1281 Smith - $650 rent / month

  Dean Harris CrestCore Realty MphsBrokerage

  1277 Smith Ave, Memphis, TN 38107
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  /10

  $179,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,108 Sq Ft

  1249 Marksman St, Memphis, TN 38106

  Step inside and discover the perfect blend of style, comfort, and opportunity with this stunning new build by Premium Enterprise. Currently under construction, this home has a modern open concept design 3 bedrooms and 2 full baths. Qualified buyers can take advantage of 100% financing options, along with multiple down payment assistance programs that can be combined for an even smoother path to

  Kenya Harrison Infinity Group REALTORS, Inc.

  1249 Marksman St, Memphis, TN 38106
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  /9

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,448 Sq Ft

  5918 Julian Ct Unit 1, Memphis, TN 38119

  Rare opportunity to own a 3-bedroom, 2-bath ground-floor end unit in the well-established Chatham Village Condominiums, located in the heart of East Memphis just off Park Avenue. This spacious condo offers a highly desirable layout with generously sized bedrooms and a comfortable living area ideal for both everyday living and entertaining. As an end unit, the home enjoys added privacy. The

  James Harvey Jr Keller Williams

  5918 Julian Ct Unit 1, Memphis, TN 38119
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  /28

  $135,000

  • 2 Beds
  • 1.5 Baths
  • 1,088 Sq Ft

  5718 Quince Rd Unit 10, Memphis, TN 38119

  Move-in ready & beautifully updated 2 BR, 2.5 BA condo in the heart of East Memphis! Fresh paint throughout, NEW Scotch guard carpet w/premium pad, & LVT flooring in kitchen & upstairs bath. Kitchen features NEW Bosch whisper-quiet dishwasher, side-by-side fridge w/ ice & water, cooktop oven, & NEW high-capacity water heater. NEW high-efficiency HVAC system (compressor & furnace), restored

  Tracie Benetz Emmett Baird Realty, LLC

  5718 Quince Rd Unit 10, Memphis, TN 38119
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  /32

  $149,500

  • 3 Beds
  • 2 Baths
  • 1,816 Sq Ft

  1114 Brownlee Rd, Memphis, TN 38116

  Investors or homeowners Welcome home to 1114 Brownlee Rd in the heart of Memphis! This charming 3-bedroom, 2-bath home has been freshly updated and is move-in ready. Step inside to find brand-new carpet and fresh paint throughout, creating a clean, bright, and inviting feel from the moment you enter. Enjoy relaxing mornings or evenings on the nice front porch, and take advantage of the large

  Ricky Cooper Realty Capital Management, LLC

  1114 Brownlee Rd, Memphis, TN 38116
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  /2

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,350 Sq Ft

  961 Aubra Rd, Memphis, TN 38111

  Welcome to 961 Aubra Road, a well-maintained 2-bedroom, 1-bath home offering comfort and efficiency. This inviting residence features hardwood and tile flooring throughout, ceiling fans, and window coverings, creating a bright and welcoming atmosphere. Enjoy year-round comfort with heating, air conditioning, and climate control. Don't miss out! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB

  James Wachob Foundation Property Management

  961 Aubra Rd, Memphis, TN 38111
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  /28

  $154,900

  • 3 Beds
  • 2 Baths
  • 1,483 Sq Ft

  3195 Beauchamp Dr, Memphis, TN 38118

  Charming one-story home featuring 3 bedrooms and 2 full baths. Functional floor plan with comfortable living space, conveniently located near schools, shopping, and major roadways. Great opportunity for homeowners or investors.

  Alexis Martz Trelora Realty

  3195 Beauchamp Dr, Memphis, TN 38118
• 

  

  /20

  $165,000

  • 2 Beds
  • 2 Baths
  • 1,056 Sq Ft

  5197 Kimbark Woods Dr, Memphis, TN 38134

  Move-in ready 2BR/2BA home featuring fresh paint, new flooring, updated lightening throughout, and a brand-new deck ideal for relaxing or entertaining. This bright and clean home offers a comfortable, easy-flow layout with well-maintained interiors. Located directly across the street from a park, it provides a great outdoor space for walks and recreation. Close to shopping, schools, and major

  Flor Bernal Crye-Leike, Inc., REALTORS

  5197 Kimbark Woods Dr, Memphis, TN 38134

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