Memphis, TN Homes for Sale under $200,000

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  /34

  $79,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,097 Sq Ft

  4067 Grantham Rd, Memphis, TN 38109

  Constructed in 1953, this 1,097 sqft single-story residence features a brick and vinyl exterior situated on a spacious 0.395-acre corner lot. The interior floor plan includes 3 bedrooms and 2 bathrooms, highlighted by original hardwood flooring throughout the main living areas and bedrooms. The kitchen provides a functional workspace and includes a 6x9 breakfast nook, which leads to a dedicated

  Carl Purifoy Trelora Realty

  4067 Grantham Rd, Memphis, TN 38109
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  /2

  $7,000

  $1K PRICE DROP

  • Land
  • 10,018 Sq Ft
  • $30,435 per Acre

  2005 S Dianne Cir, Memphis, TN 38114

  Land only, .23 /acre in Harlem Heights subdivision; Build your home in a thriving neighborhood! Call with questions.

  Rene stehle Keller Williams

  2005 S Dianne Cir, Memphis, TN 38114
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  /18

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,450 Sq Ft

  1577 S Highland St, Memphis, TN 38111

  Updated 3BR/2BA home in a prime East Memphis location! Features spacious living areas, modern updates, and a functional layout perfect for homeowners or investors. Conveniently located near the University of Memphis, shopping, dining, and major highways. Move-in ready with great potential!

  Cesar Lara Fast Track Realty, LLC

  1577 S Highland St, Memphis, TN 38111
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  /17

  $105,000

  $15K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,158 Sq Ft

  741 E Trigg Ave, Memphis, TN 38106

  Meticulously renovated from top to bottom, this turnkey investment property is the perfect addition to any new or seasoned investor's portfolio. Nearly every major component has been updated, including a new roof, HVAC system and water heater, giving you peace of mind and minimal maintenance cost for years to come. The interior has been beautifully refreshed, creating a space tenants will love.

  Jacob Laurence Keller Williams

  741 E Trigg Ave, Memphis, TN 38106
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  /2

  $11,000

  • Land
  • 15,681 Sq Ft
  • $30,556 per Acre

  0 Woodlawn Terrace, Memphis, TN 38127

  Residential lot 56 with great potential in a convenient location. Buyer to verify zoning, utilities, and intended use. Lot 57 also for sale.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Woodlawn Terrace, Memphis, TN 38127
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  /14

  $154,900

  • 3 Beds
  • 2 Baths
  • 1,327 Sq Ft

  4995 Stacey Rd, Memphis, TN 38109

  TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,225/month through 04/27/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your

  James Wachob Foundation Property Management

  4995 Stacey Rd, Memphis, TN 38109
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  /2

  $173,700

  • Land
  • 29.6 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
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  /18

  $89,999

  $25K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 1,040 Sq Ft

  3080 Walnut Grove Rd Unit 306, Memphis, TN 38111

  Fantastic Condominium at The Commodore, a Midrise Condominium project. Midcentury vibes start as you drive in and enter into the beautifully designed lobby that welcomes your guest with great appeal. 3rd floor condominium facing the back of property for privacy and quietness w/ private balcony. 1 Bedroom 1 bath, great location. New bamboo wood flooring, New Paint and fixtures. Spa bathroom.

  John Brawner 1 Percent Lists Midsouth

  3080 Walnut Grove Rd Unit 306, Memphis, TN 38111
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  /2

  $20,500

  $15K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $113,889 per Acre

  1040 Rozelle St, Memphis, TN 38114

  Opportunity to build your next investment property or home.

  Andre Pruitt TRG Real Estate Services, LLC

  1040 Rozelle St, Memphis, TN 38114
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  /22

  $198,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,690 Sq Ft

  961 Little John Rd, Memphis, TN 38111

  Beautifully maintained brick home in the established Sherwood Forest neighborhood featuring 3 bedrooms and 2 full baths. This home offers timeless hardwood floors, abundant natural light, and spacious rooms throughout. The oversized primary suite includes a private bath and large walk-in closet. The kitchen features gas cooking, a large pantry, and opens to a flexible bonus room perfect for an

  Cassandra Dimento John Green & Co., REALTORS

  961 Little John Rd, Memphis, TN 38111
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  /17

  $169,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,783 Sq Ft

  1205 Bristol Dr Unit 18, Memphis, TN 38119

  One of the few Executive Suite Condos in gated community in East Memphis. Steps away from the community pool and close to great restaurants and shopping! This limited floorplan with 3 bedrooms and 2 baths also features a den and dining area that share a double sided fireplace, sitting area, laundry closet and enclosed balcony. New carpet and fresh paint. New windows are on order. HOA fees include

  Anna-Grace Williams Adaro Realty, Inc.

  1205 Bristol Dr Unit 18, Memphis, TN 38119
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  /2

  $94,500

  • 3 Beds
  • 2.5 Baths
  • 1,366 Sq Ft

  5523 Quail Thicket Dr, Memphis, TN 38134

  Turnkey investment opportunity! This tenant-occupied 3-bedroom, 2.5-bath townhome is currently generating $1,200 per month in rental income, offering immediate cash flow for investors. Located in the established Quail Run Townhomes community, this approximately 1,365-square-foot home features a spacious two-story floor plan, a fireplace, covered parking, and a private fenced patio.

  Tanika Bland BEST Real Estate Company

  5523 Quail Thicket Dr, Memphis, TN 38134
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  /2

  $4,000

  • Land
  • 1,306 Sq Ft
  • $133,333 per Acre

  1645 Rayburn St, Memphis, TN 38106

  Excellent opportunity to build in Memphis! This cleared lot is priced to sell.

  Jonathan Minerick homecoin.com

  1645 Rayburn St, Memphis, TN 38106
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  /5

  $85,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 984 Sq Ft

  1353 Gill Ave, Memphis, TN 38106

  There is additional home on the property with 1bed/1bath kitchenette and living room.

  Donita Ingram-Brim Doorstep Realty

  1353 Gill Ave, Memphis, TN 38106
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  /31

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,150 Sq Ft

  2277 Union Ave Unit 611, Memphis, TN 38104

  Corner unit 2BR/2BA Mayfair condo in Midtown Memphis with sunlit southern-exposure balcony, shimmering pool, elegant lobby, convenient mail center and laundry room, plus available covered parking. Steps from Overton Square, top restaurants, and Fresh Market for effortless everyday living, and all on one level. Some photos are virtually staged to illustrate furnishing potential and layout.

  Thomas Murphree Marx-Bensdorf, REALTORS

  2277 Union Ave Unit 611, Memphis, TN 38104
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  /2

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,615 Sq Ft

  3618 Shoreham Dr, Memphis, TN 38118

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is on a month-to-month lease at $969/mo. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being

  Benjamin Reed Reed & Associates of Tenn, LLC

  3618 Shoreham Dr, Memphis, TN 38118
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  /2

  $15,000

  $43K PRICE DROP

  • Land
  • 14,374 Sq Ft
  • $45,455 per Acre

  2065 Pamela Dr, Memphis, TN 38127

  Great news for buyers and investors. This property have been repositioned on the market and is now being offered individually giving you the opportunity to purchase the property that best fits your needs and/or your investment goals.

  Rolanda Smith eXp Realty, LLC

  2065 Pamela Dr, Memphis, TN 38127
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  /9

  $154,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,682 Sq Ft

  3091 Coleman Rd, Memphis, TN 38128

  Price Improvement! TENANT'S RIGHTS, PLEASE DO NOT DISTURB TENANT. No showings without an accepted offer. Located on the edge of Raleigh and Bartlett, this 4 bedroom, 2 bathroom home is currently rented at $1495 per month through the Section 8 program. The home has a great layout with a split bedroom plan, a breakfast nook off of the kitchen, and a covered patio in the backyard, perfect for

  Aaron Ivey eXp Realty

  3091 Coleman Rd, Memphis, TN 38128
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  /11

  $125,000

  • 2 Beds
  • 1 Bath
  • 824 Sq Ft

  4064 Truman Ave, Memphis, TN 38108

  Seller finance. All property facts to be verified.

  ANDRES NORENA eXp Realty, LLC

  4064 Truman Ave, Memphis, TN 38108
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  /12

  $160,000

  • 2 Beds
  • 1 Bath
  • 974 Sq Ft

  3468 Mayflower Ave, Memphis, TN 38122

  This beautifully renovated home won’t stay on the market long! Come see the modern updates, spacious living areas, and private fenced-in yard for yourself. Schedule your private showing today—call or text to make an appointment!

  Juan Martinez eXp Realty, LLC

  3468 Mayflower Ave, Memphis, TN 38122
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  /7

  $69,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 752 Sq Ft

  4072 Leroy Ave, Memphis, TN 38108

  Wonderful Home for Sale – 2 Bedrooms, 1 Bathroom, features 2 spacious bedrooms, the property: offers a completely fenced garden.Lease ends November 30, 2026 $700.00 per month Cash Flowing

  Itzel Sanchez Bustamante Keller Williams

  4072 Leroy Ave, Memphis, TN 38108
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  /2

  $27,500

  • Land
  • 6,969 Sq Ft
  • $171,875 per Acre

  0 Jennette St, Memphis, TN 38126

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  0 Jennette St, Memphis, TN 38126
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  /25

  $75,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,480 Sq Ft

  2324 Shasta Ave, Memphis, TN 38108

  Rehab ready! This 1480-square-foot, 3-bedroom, 2-bathroom property is the ideal project for investors or buyers looking to customize a home with much of the foundational demo and heavy construction already completed. Positioned in a strong, steady-demand Memphis submarket, this home offers an efficient layout and a smart canvas to maximize your after-repair value (ARV). No wholesalers or contract

  Shae Roberts Advantage Property Management

  2324 Shasta Ave, Memphis, TN 38108
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  /2

  $7,000

  $3K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $100,000 per Acre

  598 Arrington Ave, Memphis, TN 38107

  Great lot for new construction. This lot is leveled with street access and curb cut

  Crystal Mitchell Renshaw Company, REALTORS

  598 Arrington Ave, Memphis, TN 38107
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  /8

  $99,900

  • 3 Beds
  • 1 Bath
  • 804 Sq Ft

  380 Elder Rd, Memphis, TN 38109

  Investor-friendly opportunity with immediate rental income! This recently renovated 3-bedroom, 1-bath home is tenant occupied with a lease in place from 7/1/2026 through 7/1/2028, offering stability from day one. Updated and income-producing, this property is a great addition to any rental portfolio. Ideal for investors seeking a turnkey, cash-flowing asset with a long-term tenant already secured.

  Trevor Wallace Crye-Leike, Inc., REALTORS

  380 Elder Rd, Memphis, TN 38109
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  /2

  $170,000

  • 4 Beds
  • 2 Baths
  • 1,940 Sq Ft

  3677 Hillbrook St, Memphis, TN 38109

  Great investment opportunity in an established Memphis neighborhood. This 1970 built, 4 sided brick duplex offers two units, each 2 bedrooms and 1 bath, totaling 1,940 square feet. Both sides are currently tenanted, providing instant cash flow from day one, making this a truly hands off, income producing asset. Ideal for an out of state investor seeking immediate returns without the vacancy wait.

  Bradley Puckett Reedy & Company, REALTORS

  3677 Hillbrook St, Memphis, TN 38109
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  /31

  $157,900

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,292 Sq Ft

  4231 Wanatah St, Memphis, TN 38109

  This is the second in a series of six coming to the market this year. Features 3 bedrooms, 2 baths, laminate flooring, tile bathrooms, ceiling fans, Central HVAC, recessed lighting, and neutral colors on the interior. Show and Sell today. Underwritten Commitment Letter and $1000 EM to be provided with all offers.

  Daryl Lewis Infinity Group REALTORS, Inc.

  4231 Wanatah St, Memphis, TN 38109
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  /4

  $10,900

  $7K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 674 Sq Ft

  740 Marble Ave, Memphis, TN 38107

  This home could be yours. Gated home by Manassas High School. Close to downtown Memphis. Investors, add this home to your portfolio. Partially burned. Please don't enter, if you do, enter at your own risk.

  Andre Pruitt TRG Real Estate Services, LLC

  740 Marble Ave, Memphis, TN 38107
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  /28

  $199,000

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,579 Sq Ft

  1457 S Cooper St, Memphis, TN 38114

  Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young

  Eric Earles Fast Track Realty, LLC

  1457 S Cooper St, Memphis, TN 38114
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  /2

  $4,950

  • Land
  • 2,613 Sq Ft
  • $82,500 per Acre

  1421 College St, Memphis, TN 38106

  Live in the heartbeat of Memphis: music, culture, and history at every corner. Don't miss out on the chance to make history in south Memphis! Wow what a great opportunity. pc# 014037 00042 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

  Karen Walker Epique Realty

  1421 College St, Memphis, TN 38106
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  /26

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,118 Sq Ft

  1024 Wrenwood St, Memphis, TN 38122

  Welcome to this beautifully updated home in the heart of Memphis! Located in the Berclair area in the Grahamwood school district. This home is convenient to shopping and the University of Memphis. This 2-bedroom, 2-bathroom home features New Roof , New Water heater and New HVAC. This home has a fully updated interior and is definitely a MUST SEE!!

  Marquis Jones KAIZEN Realty, LLC

  1024 Wrenwood St, Memphis, TN 38122
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  /4

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,107 Sq Ft

  553 Josephine St, Memphis, TN 38111

  Potential Short Sale!! Home in need of repair Beautiful Home! Perfect for first time homebuyers or empty nesters. Located near University of Memphis and Midtown that’s full of restaurants shopping. Schedule your showings today

  Travis Patterson C21 Patterson & Assoc. Real Es

  553 Josephine St, Memphis, TN 38111
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  /13

  $74,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 819 Sq Ft

  1863 Marjorie St, Memphis, TN 38106

  Great cash flowing home. 2 bed, 1 bath property available! Currently MHA tenant occupied at $1136/month. Do not disturb tenants! AC Unit installed 2025, Heater installed 2024. Do not miss out on this one!

  Marissa Miller The Stamps Real Estate Company

  1863 Marjorie St, Memphis, TN 38106
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  /15

  $99,900

  • 3 Beds
  • 2 Baths
  • 988 Sq Ft

  3296 Madewell St, Memphis, TN 38127

  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.

  Dean Harris CrestCore Realty MphsBrokerage

  3296 Madewell St, Memphis, TN 38127
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  /2

  $7,500

  • Land
  • 2,178 Sq Ft
  • $150,000 per Acre

  0 Red Oak Ave, Memphis, TN 38112

  Great opportunity to build a home or investment property on this vacant lot in Memphis. Buyer to verify lot dimensions, zoning, utilities, and any building requirements. Convenient access to major roadways and local amenities.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Red Oak Ave, Memphis, TN 38112
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  /16

  $140,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,358 Sq Ft

  4502 Cottonwood Rd, Memphis, TN 38118

  ATTENTION INVESTORS!! Great rental property. DRIVE-BY-ONLY! No Sign on Property. TENANT RIGHTS. Text or Call Listing Agent for more details. NO SHOWINGS WITHOUT ACCEPTED OFFER! DO NOT DISTURB TENANTS!!! Presently under 2 year lease ending 2028 for $1245 monthly. New hot water heater, new H/A. Owner replaced carpetand repainted. Corner lot. Features 3 bedrooms, LR, DR, eat in kitchen,sunroom, plus

  Terrence Johnson eXp Realty, LLC

  4502 Cottonwood Rd, Memphis, TN 38118
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  /2

  $74,900

  • 3 Beds
  • 1.5 Baths
  • 1,260 Sq Ft

  3599 Ramill Rd, Memphis, TN 38128

  Bring your vision & creativity to this charming home in a mature neighborhood for a great fix & flip or portfolio add! Property is being sold "AS-IS" and can be updated to your liking. This home has a solid structure and layout and is conveniently located near shopping and schools. Cash or conventional only. Will not go FHA. Don't miss out on this exciting opportunity! Contact Listing Agent for

  Taneisha Lomax C21 Patterson & Assoc. Real Es

  3599 Ramill Rd, Memphis, TN 38128
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  /14

  $135,000

  • 3 Beds
  • 2.5 Baths
  • 1,652 Sq Ft

  4399 Pepper Tree Rd, Memphis, TN 38109

  Rare 3 Bed and 2.5 bath cash flowing property for sale! Home is currently occupied at $1300 and lease ends October 2027. Ideal for any investor looking for instant cash flow from a long-standing tenant at a 1:1 ratio! Roof 5 years old, AC 6 years old, Furnace 15 years old, HWH 5 years old! Call listing agent for details. Access upon accepted offer. Do not disturb tenants. Photos taken prior to

  Andrew Akins CB Properties of Memphis, LLC

  4399 Pepper Tree Rd, Memphis, TN 38109
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  /2

  $45,000

  • Land
  • 1,742 Sq Ft
  • $1,125,000 per Acre

  387 Leath St, Memphis, TN 38105

  James Walker REMAX Experts

  387 Leath St, Memphis, TN 38105
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  /17

  $139,000

  • 3 Beds
  • 1.5 Baths
  • 1,106 Sq Ft

  3726 Southland St, Memphis, TN 38109

  This home show very well, great home to invest in. Convenient to downtown!! 3BR, 1.5 BA with dining area and spacious Livingroom.

  Loura Edmondson Crye-Leike, Inc., REALTORS

  3726 Southland St, Memphis, TN 38109

Showing Results 601 - 640, Page 16 of 18