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Memphis, TN Homes under $200,000

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    $110,000

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

    1943 Davis Cir, Memphis, TN 38128

    Investors only! Tenant occupied property being sold as-is. Long term tenant in place who wants to stay. Cash offers only! Currently rented at $1000 per month. This three bedroom home could be a great addition to your investment portfolio. Many homes in this area are being rehabbed and sold for more money. ONLINE VIDEO AVAILABLE UPON REQUEST. Do not disturb or approach the tenant. No sign in

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1943 Davis Cir, Memphis, TN 38128
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    $129,500

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

    2279 Pueblo Ave, Memphis, TN 38127

    Investment opportunity. Brick 3 bed/1bath, tenant occupied home. The property is professionally managed and well kept. Do not approach or disturb the tenant. No showings without an accepted offer. Current rent $1346/month 100% MHA. Next rent renewal is December 2025.

    William Haynes Crye-Leike, Inc., REALTORS

    2279 Pueblo Ave, Memphis, TN 38127
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    $145,000

    • 1 Bed
    • 1 Bath
    • 1,050 Sq Ft

    2982 Shannon Ave, Memphis, TN 38108

    Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex is in the 38108 area. Unit 2982 occupied with rental amount of $595/month. Unit 2984 is vacant. The lease ends on 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2982 Shannon Ave, Memphis, TN 38108
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    $119,500

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

    5832 Plum Valley Dr, Memphis, TN 38141

    owner/agent - Please call listing agent for more information.

    Reginald Williams BROC Properties

    5832 Plum Valley Dr, Memphis, TN 38141
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    $120,000

    • 2 Beds
    • 1 Bath
    • 1,590 Sq Ft

    3174 Given Ave, Memphis, TN 38112

    Duplex for sale. Rented for a total of $1150 per month. Both tenants have been there for serveral years and are on month to month leases. Property professionally managed by local manager. Great addition to your portfolio. No wholesale or owner finance offers please.

    Jimmy Kennedy KAIZEN Realty, LLC

    3174 Given Ave, Memphis, TN 38112
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    $185,000

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

    3279 Lakeview Rd, Memphis, TN 38116

    Great investment opportunity - rooming house - transitional home with 6 bedrooms, 4 rooms rented or Keep for Single Family Dwelling Rental Property or Owner Occupant, Conventional Financing or Cash Offer Only

    Patricia Didlake Didlake Realty Group, LLC

    3279 Lakeview Rd, Memphis, TN 38116
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    $109,000

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

    1467 Wanda St, Memphis, TN 38111

    Great investment opportunity. New ROOF, New windows, new exterior paint & doors Very minor repairs needed. Property has extra storage & a very large fenced backyard.

    Cortney Lester Franchise Realty, LLC

    1467 Wanda St, Memphis, TN 38111
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    $130,000

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

    4376 Howardcrest Dr, Memphis, TN 38128

    GREAT INVESTOR PROPERTY! IMMEDIATE ROI WITH TENANT PAYING $1200.00 ON MONTH TO MONTH AGREEMENT. HOME IS IN GOOD CONDITION. SHOWINGS ONLY WITH ACCEPTED OFFER. PLEASE SEND ALL OFFERS TO jrmoore0@gmail.com. EARNEST MONEY TO BE HELD AT NEXUS TITLE & ESCROW.

    Jeremy Moore C21 Patterson & Assoc. Real Es

    4376 Howardcrest Dr, Memphis, TN 38128
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    $154,500

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

    1834 Saint Elmo Ave, Memphis, TN 38127

    Amazing Opportunity with this 3 bed 1 1/2 bath afforable rental home investment; great addition to any portfolio or perfect 1st rental! Checks all boxes! 1600 sqft with very spacious rooms, including a step down den area with a fire place - provides for plush family living and great desirability! Brand New cabinets and A/C unit within last 3 years! Large lot for family usagae! Long-term tenant

    Derrick Brown Independence Realty&Investment

    1834 Saint Elmo Ave, Memphis, TN 38127
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    $129,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    4545 Verne Rd, Memphis, TN 38117

    Welcome to 4545 Verne Rd—a solid investment opportunity in the desirable colonial acres neighborhood of Memphis! Currently rented for $1,250/month with a long-term tenant in place. The tenant is on a month-to-month lease, offering flexibility for future plans. Conveniently located near local amenities in east Memphis, schools, and I-240. Minutes from the Fed Ex HUB! Please do not disturb the

    Robert Stone Marathon REALTORS, LLC

    4545 Verne Rd, Memphis, TN 38117
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    $104,900

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

    4178 Cliffdale St, Memphis, TN 38127

    What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

    Dean Harris CrestCore Realty MphsBrokerage

    4178 Cliffdale St, Memphis, TN 38127
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    $119,500

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

    137 N Bellevue Blvd, Memphis, TN 38104

    2 Houses, One price. Sale specifically includes 137 N Bellevue and 133 N Bellevue as a package. Value is in the land. Lot for 137 N Bellevue is 56'x155', while lot for 133 N Bellevue is 50'x155'. Combined square footage of two lots is 16,377. Combined lot size would be 106'x155', more or less. Both houses unfit for habitation and need demolition which seller is unable to do. Seller will

    Larry Alexander REMAX Experts

    137 N Bellevue Blvd, Memphis, TN 38104
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    $114,900

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

    2766 Overton Crossing St, Memphis, TN 38127

    Tenant occupied month to month. Current rent is $1,195 a month. Recent turn key rehab in 2022.

    Joe King Marathon REALTORS, LLC

    2766 Overton Crossing St, Memphis, TN 38127
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    $115,000

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

    3358 Beechmont St, Memphis, TN 38127

    INVESTOR OPPORTUNITY! Tenant occupied property located on a corner lot with brick exterior. This property could be a great addition to your investment portfolio. Please do not disturb or approach the tenant. Make all offers contingent on interior inspections. No wholesalers, no assignments, and no creative financing. Unit is occupied at $1,095.00 per month. No showings until valid offer

    Frank Colvett REMAX Experts

    3358 Beechmont St, Memphis, TN 38127
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    $122,500

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

    1190 Elder Rd, Memphis, TN 38109

    Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38109 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 12/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    1190 Elder Rd, Memphis, TN 38109
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    $115,000

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

    404 Stoneham Rd, Memphis, TN 38109

    Welcome to 404 Stoneham. This 3 bed 1 bath home features a tile floor in the bathroom and LVP flooring in the kitchen. Lighting fixtures, lighting packages, new hardware on kitchen, new vent hood, cabinets cozy and spacious living room, large front and backyard, and many more features! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased

    James Wachob Foundation Property Management

    404 Stoneham Rd, Memphis, TN 38109
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    $125,000

    • Land
    • 1.19 Acres
    • $105,042 per Acre

    3545 Ridgeway Rd, Memphis, TN 38115

    Commercial lot for sale! Don't miss this rare opportunity to own a highly visible commercial lot in a growing area. Zoned commercial, this level, cleared lot offers excellent frontage and easy access to major roads ideal for mixed-use development. Utilities all around the property. Surrounded by established businesses and new development, this location offers high traffic counts and strong

    William Maben Epique Realty

    3545 Ridgeway Rd, Memphis, TN 38115
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    $115,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1928 Brandon Cir, Memphis, TN 38114

    Turnkey Investment Property! Recently Renovated & Cash-Flowing! This 2-bedroom, 1-bath home was fully renovated in 2023 and is tenant-occupied, generating steady rental income. Updates include new flooring, fresh paint, kitchen and bathroom upgrades, and more, making it a low-maintenance, cash-flowing addition to your portfolio. Ideal for investors seeking immediate income with minimal upfront

    Ambria Arnold Keller Williams

    1928 Brandon Cir, Memphis, TN 38114
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    $125,000

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

    3061 Rainier Dr, Memphis, TN 38127

    THIS PROPERTY WILL MAKE A GREAT ADDITION TO YOUR INVESTORS PORT FOLIO. THIS HOUSE IS LOCATED ON A QUITE STREET IN A NICE NEIGHBORHOOD

    Clarence Perry Perry Realty Co.

    3061 Rainier Dr, Memphis, TN 38127
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    $149,000

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

    814 N Holmes St, Memphis, TN 38122

    Beautifully renovated three-bedroom, two-bath home located in an up-and-coming neighborhood. Features include brand new plumbing, updated electrical, and a new central AC system. The property is fully fenced, offering added privacy. Currently rented at $1,200 per month. Please do not disturb the tenant—showings will be scheduled with an accepted offer.

    Zahra Sultan eXp Realty, LLC

    814 N Holmes St, Memphis, TN 38122
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    $112,900

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

    1393 Greendale Ave, Memphis, TN 38127

    Investor special! This three-bedroom, one-and-a-half-bathroom home sits in a quiet Frayser neighborhood is currently tenant occupated and cash-flowing - making it the perfect addition to any rental portfolio. Rented at $1,521 per month. Offered as part of a package deal at a discounted price point with another property - MLS#10198509 (4221 Argonne St.)—making it a prime investment opportunity for

    Oksana Piven BEST Real Estate Company

    1393 Greendale Ave, Memphis, TN 38127
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    $149,900

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

    4194 Meadow Valley Dr E, Memphis, TN 38141

    Tenant occupied at $1495 a month rent. Valid lease until 3/31/2027.

    Joe King Marathon REALTORS, LLC

    4194 Meadow Valley Dr E, Memphis, TN 38141
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    $147,050

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

    578 N Hollywood St, Memphis, TN 38112

    DO NOT DISTURB TENANT. CALL FOR SHOWING. Tenant vacating 7/30. Large classic New Orleans style home...in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace and water heater. Currently rented for $1200 per month. Great family home or income producing property. SPECIAL FINANCING available--up to $25,000 (see attachment for details). New

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    578 N Hollywood St, Memphis, TN 38112
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    $105,000

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

    3340 Kirby Trees Place Unit 18, Memphis, TN 38115

    COMPLETELY REMODELED!!!! Sentrilock will be on door this Saturday, May 17 This is part of a six condo deal (3336, 3338, 3340, 3344, 6443 Kirby Trees and 5211 Flowering Peach) for $525,000.00. Units may be sold individually for $95,000.00 per except for 3340 Kirby Trees, can be sold individually for $105,000.00. Priced to SELL!!!!!

    Frank Colvett REMAX Experts

    3340 Kirby Trees Place Unit 18, Memphis, TN 38115
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    $117,050

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

    2428 Rozelle St, Memphis, TN 38114

    Welcome to 2428 Rozelle Street, Memphis, TN 38114! This charming 3-bedroom, 1.5-bath home is currently tenant-occupied, offering a great opportunity for investors seeking immediate rental income or homeowners planning for future occupancy. Features include hard surface flooring throughout, a bright and spacious living area, and an upgraded kitchen with shaker cabinets. Enjoy central heat and air,

    James Wachob Foundation Property Management

    2428 Rozelle St, Memphis, TN 38114
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    $175,000

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

    1039 Lagrange Ave, Memphis, TN 38107

    Welcome to 1039 Lagrange Avenue, a cozy 4-bedroom, 2-bath home in a convenient Memphis location. This well-maintained property features luxury vinyl plank flooring throughout, fresh paint, a spacious living area, and a modern kitchen with new shaker cabinets. Enjoy a large yard perfect for outdoor activities. Amenities include central air, ceiling fans, climate control, heat, mirrors, vinyl

    James Wachob Foundation Property Management

    1039 Lagrange Ave, Memphis, TN 38107
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    $115,000

    • Land
    • 1.03 Acres
    • $111,650 per Acre

    0 Summer Ave Unit 10195870, Memphis, TN 38134

    Development opportunity near the Southeast Corner of Summer and Munson. This is near a four way intersection and next door to a retail strip center. Shelby Oaks Elementary School is also nearby. Property is zoned CMU-1. Seller also has the adjacent lot for sale as well parcel number 089044 00351, MLS number 10195869. Cash offers strongly preferred. Numerous uses available. Excellent

    Tyler Tapley Crye-Leike, Inc., REALTORS

    0 Summer Ave Unit 10195870, Memphis, TN 38134
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    $115,000

    • Land
    • 0.46 Acre
    • $250,000 per Acre

    0 Summer Ave Unit 10195869, Memphis, TN 38134

    Development opportunity near the Southeast Corner of Summer and Summer Trace Drive, just east of 5963 Summer Strip Center and nearby to Shelby Oaks Elementary School. Property is zoned CMU-1. Seller also has the adjacent lot for sale as well parcel number 089044 00353, MLS number 10195870. Cash offers strongly preferred. Numerous uses available. Excellent visibility, frontage, and access. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    0 Summer Ave Unit 10195869, Memphis, TN 38134
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    $130,000

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

    1388 Gaither St, Memphis, TN 38106

    Investor Opportunity!!! Bring all Offers!! Cash flow rental property with tenants already!! Long term tenants have a garden. The first level is 3 bedrooms and Bath, the second level (below) is 4 bedrooms and Bath. DO NOT DISTURB TENANTS, NO SHOWINGS WITHOUT ACCEPTED OFFER, NO WHOLESALE/ASSIGNMENT OF CONTRACT OFFERS. PROOF OF FUNDS!!!! No repairs, as-is. No sign in yard

    Cheryl Henderson-Banks Crye-Leike, Inc., REALTORS

    1388 Gaither St, Memphis, TN 38106
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    $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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    $135,000

    • 6 Beds
    • 2 Baths
    • 2,600+ Sq Ft

    876 N 3rd St, Memphis, TN 38107

    Property tenant occupied. Great investment opportunity in the Uptown Memphis area. 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

    876 N 3rd St, Memphis, TN 38107
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    $108,500

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

    4097 Mossville St, Memphis, TN 38109

    Attention investors! Don’t miss this excellent opportunity to add a solid income-producing property to your portfolio. Located at 4097 Mossville St, Memphis, TN, this 4-bedroom, 1.5 bath home is already generating steady rental income at $770 per month. Whether you're a seasoned investor or just getting started, this is a low-maintenance addition to build your rental income stream. Do the numbers

    Jasmine Owens Keller Williams

    4097 Mossville St, Memphis, TN 38109
  • /2

    $164,000

    • Land

    8534 Geiberger Dr, Memphis, TN 38016

    New gated community adjacent to the historical Colonial Country Club golf course. This is an isolated, secluded, beautiful setting to build your dream home. Come see today! You won't believe the setting!

    Lauran Powers Powers Realty, LLC

    8534 Geiberger Dr, Memphis, TN 38016
  • /2

    $113,000

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

    3125 Vista Grande St, Memphis, TN 38127

    This 3BR/1.1BA home is the perfect property to add to your investment portfolio or to make your own home. Tenant has lived in this home for 8 years and is completely up to date on all payments. Currently rents for $975/month. PLEASE DO NOT DISTURB TENANT! All showings/inspections will be coordinated after offer acceptance. Please call with any questions!

    Karen Miller Real Broker

    3125 Vista Grande St, Memphis, TN 38127
  • /2

    $165,000

    • Land
    • 0.21 Acre
    • $785,714 per Acre

    883 Drake Manor Cove, Memphis, TN 38117

    WONDERFUL HIDDEN GEM! GATED SUBDIVISION OFF PARK AVE. WITH 7 LOTS. BACKS UP TO AUDUBON PARK WITH NEIGHBORHOOD GATE ACCESS TO THE PARK. BEAUTIFUL UP-SCALE HOMES.

    Mark Duke Ware Jones, REALTORS

    883 Drake Manor Cove, Memphis, TN 38117
  • /2

    $100,000

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

    895 S Willett St, Memphis, TN 38114

    This spacious 5-bedroom, 1-bath, 2-story home is ready for a full renovation! With tons of potential, this property is priced to sell and offers anexcellent investment opportunity. ARV comps in the area are between $225,000 and $300,000—unlock the value with your vision! Bring your contractor and yourinvestor clients to make this property shine! Don't miss out—this one won't last long! AS-IS

    Brian Wicks C21 Patterson & Assoc. Real Es

    895 S Willett St, Memphis, TN 38114
  • /2

    $105,000

    • 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

    $200,000

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

    7439 Concord View Dr, Memphis, TN 38125

    What an investment opportunity! Awesome neighborhood, great rents and really amazing property for long-term holders - this one has it all. 3/2, just placed a new tenant for $1524, Sec. 8/MHA and with a 2-car garage. The neighborhood has great schools and plenty of shopping within a few minutes, so the value-add/growth potential will go up over the years for a really nice exit strategy as a

    Randall Weatherall Memphis Metro Realty

    7439 Concord View Dr, Memphis, TN 38125
  • /2

    $190,000

    • 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

    $129,500

    • 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

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