Memphis, TN Homes for Sale under $200,000

• 

  

  

  /4

  $134,000

  • Land
  • 2.1 Acres
  • $63,810 per Acre

  4501 S 3rd St, Memphis, TN 38109

  Over 2 acres available in a prime commercial location. This is the perfect location to build your new commercial building. Perfect for an existing or future business! Can be sold together with MLS #'s 10199306,10199303,10199305,10199299

  Jeff Goff Keller Williams

  4501 S 3rd St, Memphis, TN 38109
• 

  

  

  /8

  $131,000

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

  5798 Plum Valley Dr, Memphis, TN 38141

  ANOTHER EXCELLENT INVESTMENT OPPORTUNITY! Tenant-occupied 3BR/2BA brick home generating $1,295/month with lease secured through 11/30/2026. Home features a spacious den with fireplace and kitchen pass-through, plus a primary bath with jacuzzi tub and double vanity. Two bedrooms and a full bath are located upstairs, offering a functional layout that appeals to both tenants and homeowners.

  Jeremy Veldman KAIZEN Realty, LLC

  5798 Plum Valley Dr, Memphis, TN 38141
• 

  

  /2

  $151,900

  $9K PRICE DROP

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

  4243 Sunnyslope Dr, Memphis, TN 38141

  PACKAGE SALE. FOUR properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3711 Wolf Trail Cv, 3763 Clearbrook St, 4616 Blanding Dr and 4243 Sunnyslope. All properties rented & occupied. Total purchase price is $479,600. Combined monthly rent collected $4482. Text or call listing agent for more details. Properties NOT being sold separately. No

  Brook Loper 901 Properties

  4243 Sunnyslope Dr, Memphis, TN 38141
• 

  

  

  /10

  $142,000

  $58K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
• 

  

  

  /23

  $169,900

  $10K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,608 Sq Ft

  1589 Court Ave, Memphis, TN 38104

  FAILED SALE!~~Charming 4 Bedroom 3 Bath home with high ceilings, moldings & updates thru out! Formal Living room and Dining room , Newer Baths Hardwoods & laminate floors & Eat in Kitchen with Big windows~~plus bonus spaces! ~Big Deck out back with parking pad. Cash Offers only!

  Scott Housewirth Crye-Leike Inc., REALTORS

  1589 Court Ave, Memphis, TN 38104
• 

  

  /11

  $190,000

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

  4003 Lehi Dr, Memphis, TN 38128

  Turnkey investment opportunity in Raleigh! This recently renovated 3BR/2BA brick home is tenant occupied with strong cash flow and a long-term tenant already in place. Current tenant just renewed at $1,995/month, making this a perfect addition to any rental portfolio. Updates include roof, HVAC, flooring, light fixtures, plus renovated kitchen and bathrooms. Exterior features include

  Caleb Parr Renshaw Company, REALTORS

  4003 Lehi Dr, Memphis, TN 38128
• 

  /2

  $133,900

  $5K PRICE DROP

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

  4616 Blanding Dr, Memphis, TN 38118

  PACKAGE SALE. FOUR properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3711 Wolf Trail Cv, 3763 Clearbrook St, 4616 Blanding Dr and 4243 Sunnyslope. All properties rented & occupied. Total purchase price is $479,600. Combined monthly rent collected $4482. Text or call listing agent for more details. Properties NOT being sold separately. No

  Brook Loper 901 Properties

  4616 Blanding Dr, Memphis, TN 38118
• 

  

  /9

  $184,000

  $41K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,355 Sq Ft

  1481 Oaklawn St, Memphis, TN 38114

  Rare opportunity! This newly renovated duplex features attractive curb appeal and is ideally located near dining and entertainment. One side was previously rented for $975 per month, offering strong income potential. Properties like this are hard to find—schedule your showing today and see the value for yourself!

  Anna Palazola Crye-Leike, Inc., REALTORS

  1481 Oaklawn St, Memphis, TN 38114
• 

  

  /4

  $115,000

  • 3 Beds
  • 2 Baths
  • 1,031 Sq Ft

  4001 Point Church Rd, Memphis, TN 38127

  Amazing opportunity to buy a 3 bedroom 2 full bath property near Amazon & Nike Distribution centers. Property has vinyl siding on the exterior. Currently tenant occupied and income producing, $925 monthly rent, Section 8 tenant, Month to Month. Do not disturb Tenant. Make offers contingent on inspections. No showings until contract is in place. No seller financing available, no wholesalers.

  LaJuana Miller KAIZEN Realty, LLC

  4001 Point Church Rd, Memphis, TN 38127
• 

  /2

  $119,500

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,769 Sq Ft

  635 Mcwhirter Ave, Memphis, TN 38127

  TENANT OCCUPIED!!!! DO NOT DISTURB TENANTS!!!! All offers must be approved prior to any insspections. Offer instructions are in the documents. 635 McWhirter rents for $600 a month 637 McWhirter rents for $780 a month

  Henry Booth Omni, REALTORS

  635 Mcwhirter Ave, Memphis, TN 38127
• 

  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1862 Dupont Ave, Memphis, TN 38127
• 

  

  /40

  $179,900

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,418 Sq Ft

  273 W Central Park St Unit 1, Memphis, TN 38111

  Centrally located on Tiger Lane near the Jr League, University of Memphis, Highland Strip, Poplar Plaza & Overton Square with quick access to restaurants, shopping & entertainment. Minutes to Cooper-Young, the Pink Palace, Zoo, parks, tennis courts & golf courses. This 1st-floor condo offers an open floor plan w/2 large bedrooms, 2 baths, a sep. den & dining, walk-in closet, wood floors, a large

  Glenn McDonald Integrated Assets

  273 W Central Park St Unit 1, Memphis, TN 38111
• 

  

  /19

  $130,000

  $15K PRICE DROP

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

  1344 Hyde Park Blvd, Memphis, TN 38108

  Seller is open to negotiation, send your best offer for consideration. 4BR/2BA total w/ 2BR/1BA per side. Seller financing deal! Terms: ~$10K down, est $1,200/mo, 10%, 5yr balloon, light background/credit review & seller approval. Fully renovated duplex featuring Modern updates include like-new energy efficient mini-split HVAC systems, covered porches & strong low-maint rental potential. Move-in

  Glenn McDonald Integrated Assets

  1344 Hyde Park Blvd, Memphis, TN 38108
• 

  

  /9

  $143,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 863 Sq Ft

  4431 Ryan St, Memphis, TN 38127

  Affordable living in an established neighborhood—this newly built home brings comfort, style, and value together in one inviting package. Offering 4 bedrooms and 2 full baths, this thoughtful layout is perfect for everyday living and room to grow. You’ll love the wood laminate flooring throughout, bringing a clean and polished look to every space. The modern kitchen features beautiful granite

  Tanika Bland BEST Real Estate Company

  4431 Ryan St, Memphis, TN 38127
• 

  

  /22

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,072 Sq Ft

  1662 Monsarrat St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025 and is currently rented at $1075 per month. This property is professionally managed (lease, ledger, repair history available upon request). Very good price for a 3

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
• 

  

  /18

  $198,000

  • 3 Beds
  • 2.5 Baths
  • 1,650 Sq Ft

  8493 Highland Glen Cir S, Cordova, TN 38016

  Looking for a place to call home! Look no further. This 3BR 2.5BA brick home is waiting for you. Convenient to all types of shopping!! 1BR and 1.5BA down. New carpet is being installed. Where can you find this much space for under $200. Easy to view.

  Loura Edmondson Crye-Leike, Inc., REALTORS

  8493 Highland Glen Cir S, Cordova, TN 38016
• 

  

  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  3063 Christine Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1229.50/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3063 Christine Rd, Memphis, TN 38118
• 

  

  /8

  $149,000

  $22K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,759 Sq Ft

  1304 Carol Dr, Memphis, TN 38116

  Looking for the perfect starter home in a prime location? This charming 4-bedroom, 2-bath house in Whitehaven could be yours! Just minutes from Elvis's Graceland, it offers both convenience and a vibrant community. Imagine enjoying the neighborhood, with great schools, parks, and local amenities just around the corner. Whether you're starting a family or looking for a fresh start, this home has

  Kevin Woods Crye-Leike, Inc., REALTORS

  1304 Carol Dr, Memphis, TN 38116
• 

  /2

  $159,999

  • 4 Beds
  • 2 Baths
  • 1,707 Sq Ft

  1035 Springdale St, Memphis, TN 38108

  A great opportunity to own a Cash-flowing property, a tenant-occupied duplex currently generating $1,600/month from both units combined, providing immediate income. Well-maintained property with separate entrances. Strong rental demand in the area makes this a solid long-term hold or portfolio addition. Convenient location close to amenities and commuter routes. Do not disturb tenants. Showings

  Murtaza Ali-Juma REMAX Experts

  1035 Springdale St, Memphis, TN 38108
• 

  

  /10

  $125,000

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

  3228 Boxdale St, Memphis, TN 38118

  This property is a high-utility 1,476 sq. ft. asset located in a core Memphis rental pocket. It is currently occupied with a month-to-month tenant at $1,050/mo. providing immediate cash flow while you plan your future value-add strategy. The home features a 2-bedroom, 2-bathroom layout with a small den that could be used as a third bedroom. Well set up for a cosmetic renovation once the current

  Sherry Roberts Advantage Property Management

  3228 Boxdale St, Memphis, TN 38118
• 

  

  /18

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,778 Sq Ft

  1274 Frayser Blvd, Memphis, TN 38127

  Charming property located at 1274 Frayser Road offering great potential for homeowners or investors alike. This home features a spacious layout, ample yard space, and convenient access to nearby schools, shopping, and major roadways. With a little vision, this property can truly shine. Schedule your showing today!

  Shekila Shields KAIZEN Realty, LLC

  1274 Frayser Blvd, Memphis, TN 38127
• 

  

  /25

  $199,900

  $50K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,850 Sq Ft

  2255 Cypress Cir, Memphis, TN 38112

  1 or more photo(s) was virtually staged. Gorgeous one-story home offering 3 bedrooms and 2 bathrooms with a welcoming front porch and a fenced backyard featuring a wood deck. The living room includes a fireplace with built-in shelving, complemented by crown molding that adds a touch of character throughout the home. The layout is functional and inviting, providing comfortable spaces for everyday

  Rochele Minerd Mainstay Brokerage, LLC

  2255 Cypress Cir, Memphis, TN 38112
• 

  /2

  $115,000

  $5K PRICE DROP

  • 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
• 

  

  /20

  $142,000

  • 2 Beds
  • 1.5 Baths
  • 1,120 Sq Ft

  5866 Roxbury Dr Unit 5866, Memphis, TN 38119

  Welcome to this charming 2 story condo in Chatham Village! This one boast 2 bedrooms and 1.5 baths. Enjoy the hot summers at the community pool and being centrally located to everything in town!

  Sarah Ramey Epique Realty

  5866 Roxbury Dr Unit 5866, Memphis, TN 38119
• 

  

  /10

  $117,900

  • 3 Beds
  • 1 Bath
  • 1,069 Sq Ft

  4343 Gailwood Ave, Memphis, TN 38122

  Attention Investors!!! You have the ability to buy 10 cash flowing rental properties at one time! This property is part of a package of 10 rental houses for sale. Houses are not sold separately. No wholesaler or assignment of contract offers will be accepted. These properties are all professionally managed. Video is available upon request and please do not disturb any tenants. Owner-Agent

  Dean Harris CrestCore Realty MphsBrokerage

  4343 Gailwood Ave, Memphis, TN 38122
• 

  

  /19

  $173,000

  $2K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,659 Sq Ft

  540 Berclair Rd, Memphis, TN 38122

  PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.

  Elizabeth Castillo BEST Real Estate Company

  540 Berclair Rd, Memphis, TN 38122
• 

  

  /33

  $109,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 935 Sq Ft

  4725 Lofts Rd, Memphis, TN 38118

  Cozy 3-bed, 1.5-bath Memphis home in Parkway Village-Oakhaven! 935 sq ft of comfortable living on a 6,969?sq?ft lot. Bright living space, functional kitchen, and flexible dining area. Driveway parking, great location near schools, shopping, and highways. Perfect for first-time buyers or investors—move in or rent out with ease!

  Alexis Martz Trelora Realty

  4725 Lofts Rd, Memphis, TN 38118
• 

  

  /25

  $119,900

  $20K PRICE DROP

  • 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
• 

  

  /33

  $114,900

  • 3 Beds
  • 2 Baths
  • 1,114 Sq Ft

  3823 Barberry St, Memphis, TN 38128

  Welcome to 3823 Barberry St in Memphis! This charming one-story single-family home offers great curb appeal and a functional layout with 3 bedrooms and 2 bathrooms. The home features an attached 1-car carport along with an additional parking pad for extra convenience. Inside, you’ll find neutral colors, abundant natural light, and stylish luxury vinyl flooring that creates a bright and welcoming

  Tiffany Jones Trelora Realty

  3823 Barberry St, Memphis, TN 38128
• 

  

  /19

  $159,900

  $19K PRICE DROP

  • 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
• 

  

  /23

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,608 Sq Ft

  3412 Hanna Dr, Memphis, TN 38128

  Welcome home to this charming 3-bedroom, 2-bath residence in Memphis. Step inside to a bright and inviting living room featuring beautiful vaulted ceilings and an abundance of natural light that creates an open, airy feel. The eat-in kitchen offers an updated backsplash and a comfortable space for everyday meals and gatherings. The spacious primary bedroom also features vaulted ceilings, adding

  Chigozianyi Okwumabua Keller Williams

  3412 Hanna Dr, Memphis, TN 38128
• 

  

  /7

  $170,000

  • 4 Beds
  • 4 Baths
  • 3,033 Sq Ft

  5429 Jasmine Cove, Memphis, TN 38115

  INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,650/month with long-term, reliable tenants in place. Unit 5429 rents for $800 (tenant since 12/1/2018; lease through 11/30/2026). Unit 5431 rents for $850 (tenant since 8/1/2025; lease through 7/31/2026). Leases automatically renew unless either party provides 30-day notice. Both tenants are current with excellent payment history.

  Jeremy Veldman KAIZEN Realty, LLC

  5429 Jasmine Cove, Memphis, TN 38115
• 

  

  /21

  $157,500

  $2K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,255 Sq Ft

  3753 Friar Tuck Rd, Memphis, TN 38111

  100% financing through Renasant Bank for qualified Buyers. Adorable 3/1 tucked on a quiet street in East Memphis. A few minutes from The U of Memphis. Home was renovated in 2021. Beautiful hardwood floors, updated kitchen with quartz countertops, fresh paint (2026), wood blinds throughout, HVAC and hot water tank replaced in 2022, updated bathroom, walk up attic, updated light fixtures and...

  Alison Restivo The Restivo Group, REALTORS

  3753 Friar Tuck Rd, Memphis, TN 38111
• 

  

  /30

  $194,900

  $20K PRICE DROP

  • 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
• 

  

  /20

  $190,000

  $25K PRICE DROP

  • 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 582 Watson St.

  Crystal Mitchell Renshaw Company, REALTORS

  3739 Spottswood Ave, Memphis, TN 38111
• 

  /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
• 

  

  /23

  $190,000

  $50K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,441 Sq Ft

  3843 Blue Jay Rd, Memphis, TN 38116

  Welcome to 3843 Blue Jay Road, a beautifully updated one-and-a-half story home situated on a desirable corner lot. This charming property features a brand-new dual HVAC system, a new 30-year dimensional roof, and a new hot water tank, offering peace of mind for years to come. Inside, you’ll find freshly refinished hardwood floors throughout, complemented by tile flooring in the kitchen,

  Trevor Wallace Crye-Leike, Inc., REALTORS

  3843 Blue Jay Rd, Memphis, TN 38116
• 

  

  /19

  $115,000

  • 1 Bed
  • 1 Bath
  • 828 Sq Ft

  8169 Harley St Unit G26, Cordova, TN 38016

  Welcome to 8169 Harley Sq, an updated loft-style condo offering low-maintenance living in a prime Cordova location, in the Greater-Memphis Area. Priced at $115,000, the perfect opportunity for first-time buyers or those looking to downsize without sacrificing style or convenience. Step inside to an open, airy layout with vaulted ceilings, natural light, modern updates, beautiful flooring

  Courtney Staples Keller Williams

  8169 Harley St Unit G26, Cordova, TN 38016
• 

  

  /29

  $184,900

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,021 Sq Ft

  2195 Poplar Ave Unit 405, Memphis, TN 38104

  Awesome mid-century style condo on the 4th floor, located right across from Overton Park. Seller will pay 1 year association fees with acceptable offer! This home has been completely renovated with new LVP flooring, fresh paint & new appliances. The unit offers great natural lighting with a wall of windows in the living room and park views from the balcony. 2 bedrooms & 2 full bathrooms. The

  Hannah Smith Bluff City Realty Group, LLC

  2195 Poplar Ave Unit 405, Memphis, TN 38104
• 

  

  /30

  $125,000

  $14K PRICE DROP

  • 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

Showing Results 641 - 680, Page 17 of 18