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Memphis, TN Homes for Sale under $200,000

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  • /11

    $115,000

    • 2 Beds
    • 1.5 Baths
    • 1,054 Sq Ft

    3438 Spottswood Ave, Memphis, TN 38111

    Beautiful townhouse condo with 2 bedrooms and 1.5 baths. Very close to the action! Right off the Highland Strip and blocks away from the University of Memphis campus. Can be purchased for rental. HOA: 2024 monthly fee is $140/unit & covers: exterior maintenance repairs; HOA property insurance; landscaping & grounds cleaning; pest control; water/sewer for property; utilities for exterior lights &

    Adam Watson Keller Williams

    3438 Spottswood Ave, Memphis, TN 38111
  • /2

    $150,000

    • Land
    • 1.26 Acres
    • $119,048 per Acre

    5105 Pleasant View Rd, Memphis, TN 38134

    Terrance Hill eXp Realty, LLC

    5105 Pleasant View Rd, Memphis, TN 38134
  • /28

    $147,500

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

    5696 Quince Rd Unit 3, Memphis, TN 38119

    Open House 11-8-25 1pm-2:30pm Looking for comfy, convenient, and cute? This East Memphis condo checks all the boxes! With 2 bedrooms, 2 baths, and 1,250 sq ft of well-planned space, you’ll love the flow and feel of this East Memphis gem. Enjoy newer laminate floors, an eat-in kitchen with a view of your own private fenced patio, and all of the appliances are included, even the washer and dryer. A

    Carmen Prince Crye-Leike, Inc., REALTORS

    5696 Quince Rd Unit 3, Memphis, TN 38119
  • /18

    $116,500

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

    1675 Haywood Ave, Memphis, TN 38127

    Investment opportunity. Tenant occupied property available for sale. INVESTORS ONLY! Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1247 Vistaview Cove, 3245 Sinclair (can buy these homes individually or in a bulk sale

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1675 Haywood Ave, Memphis, TN 38127
  • /2

    $102,500

    • 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
  • /3

    $124,900

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    3158 Madeline Cir, Memphis, TN 38127

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $975/month. The lease ends on 10/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3158 Madeline Cir, Memphis, TN 38127
  • /15

    $130,000

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

    1852 Swift St, Memphis, TN 38109

    Appraised at $148K, offered at only $130K! Tenant in place paying $1,250/mo. Strong rental return or move-in ready home with built-in equity.Updated 3 Bed, 2 Bath Home with Carport, 1540 Sq Ft. of living space. Whether you're a first-time homebuyer or a savvy investor, this charming 3-bedroom, 2-bath home is a must-see! This property is move-in ready with updates throughout, and the home recently

    Courtney Staples Keller Williams

    1852 Swift St, Memphis, TN 38109
  • /14

    $175,000 New Construction

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

    4439 Sunny View Dr, Memphis, TN 38127

    MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. Contact Brett Bernard for more information. No

    Brett Bernard The Stamps Real Estate Company

    4439 Sunny View Dr, Memphis, TN 38127
  • /16

    $105,000

    • 3 Beds
    • 2.5 Baths
    • 1,399 Sq Ft

    1845 Quail Valley Cove, Memphis, TN 38134

    Take a look at this investment opportunity. Tenant occupied. Please don't disturb the tenant. No showings until offer accepted. Please make an Offer subject to inspection. Current rent is $975.00 lease ends in February 2026. Investors look at your opportunity to add to your invest portfolio or become a new investor. This could be a possible owner occupied property with tenant lease ending

    Lisa Nelson Exit Wise Master-Builders Real

    1845 Quail Valley Cove, Memphis, TN 38134
  • /31

    $135,000

    • 1 Bed
    • 1 Bath
    • 1,000+ Sq Ft

    475 N Highland St Unit 8H, Memphis, TN 38122

    Beautifully updated 1 bedroom, 1 bath condo in Fairway Towers. Located on the 8th floor, this spacious unit offers sweeping views from your private balcony. Enjoy a modern kitchen and upgraded bathroom with quality finishes. Great condo amenities including a party room with kitchen, exercise room, pool, covered patio, BBQ area, guest suite, gated parking and 24 hour security at the door.

    Paula Sansom Hobson, REALTORS

    475 N Highland St Unit 8H, Memphis, TN 38122
  • /7

    $100,000

    • Land
    • 0.71 Acre
    • $140,845 per Acre

    707 Craft Rd, Memphis, TN 38116

    Prime opportunity in Memphis! This .717-acre corner lot at 707 Craft Road offers excellent visibility and access—perfect for a variety of potential uses. Zoned for residential or possible commercial development (buyer to verify), this spacious parcel is ideal for a custom home, duplex, small business, or even a community-focused project like a daycare or place of worship. Located in an

    Romond McClinton Crye-Leike, Inc., REALTORS

    707 Craft Rd, Memphis, TN 38116
  • /8

    $120,000

    • 4 Beds
    • 1 Bath
    • 800+ Sq Ft

    4005 Sewanee Rd, Memphis, TN 38109

    This four-bedroom home offers original hardwood floor throughout the main living areas. This home has a traditional and comfortable living space. The home features an updated bathroom and kitchen. Large fenced-in yard, providing a secure and private space perfect for outdoor enjoyment or letting pets roam freely. Large Garage and exterior storage shed in the back yard.

    DonAngela Johnson Crye-Leike, Inc., REALTORS

    4005 Sewanee Rd, Memphis, TN 38109
  • /21

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,613 Sq Ft

    441 Griffon Dr, Cordova, TN 38018

    Don't miss this fantastic opportunity in Cordova! This charming 3-bed, 2-bath house is perfect for anyone looking to create their own vision and build instant equity. With great bones and a welcoming layout, it’s ideal for a family ready to make it their own or an investor looking for a solid value-add property. The roof will need to be replaced and the HVAC is in working order. A warm, promising

    Kristen Monserrat The Home Partners Realty

    441 Griffon Dr, Cordova, TN 38018
  • /32

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,870 Sq Ft

    1042 Larue St, Memphis, TN 38122

    WELCOME HOME to 1042 Larue Street in desirable Berclair! Spacious living with room for the all things that make life good! Lots of lovely updates! Expandable (see floor plan). Beautifully refinished hardwood floors, new carpet. New stove and other amenities. This home absolutely sparkles! Kitchen opens to den/hearth room with coffee bar for family time together or other large gatherings over the

    Sandy Smith Crye-Leike, Inc., REALTORS

    1042 Larue St, Memphis, TN 38122
  • /5

    $132,000

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

    4022 Cochese Rd, Memphis, TN 38118

    Investors only! Tenant occupied property being marketed to investors. Could be a great addition to your rental portfolio. Please do not disturb or approach the tenant. Professionally managed. Property is currently rented at $1375. No sign in the yard. Seller is also selling 3461 Lichterman which is also tenant occupied (can be bought individually or in bulk). Many homes in this area are being

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4022 Cochese Rd, Memphis, TN 38118
  • /10

    $130,000

    • Land
    • 15 Acres
    • $8,667 per Acre

    3731 Horn Lake Rd, Memphis, TN 38109

    15 ACRES in prime location off of 61 ready to be built on! Zoned Residential so Build your dream home today on this most;y cleared 15 acres!! Investors and builders also a great development opportunity. 24 kVA transformer installed on the property with a utility shed for power supply.

    Ashlyn Clark Keller Williams

    3731 Horn Lake Rd, Memphis, TN 38109
  • /15

    $179,999

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

    621 Denmark Dr Unit 202, Memphis, TN 38103

    Motivated Seller – Downtown Memphis Condo! Priced to sell fast! Seller is highly motivated and open to reasonable offers. This downtown Memphis condo is perfect for an investor or owner-occupant looking to add value. Experience downtown living in this stunning condo located in the heart of Downtown Memphis—just minutes from popular attractions, dining, and entertainment. This home features

    Caleshia Jones Crye-Leike, Inc., REALTORS

    621 Denmark Dr Unit 202, Memphis, TN 38103
  • /19

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,378 Sq Ft

    3960 Plymouth Ave, Memphis, TN 38128

    Well-Maintained 3-Bedroom Home in Raleigh Area This classic 3-bedroom, 1-bath home offers a comfortable and easy-to-maintain layout in a convenient Raleigh location. The home has been freshly painted, giving it a clean and welcoming feel. The living room opens to a separate dining area and a functional kitchen with plenty of cabinet space, ready for your personal touches. The brick exterior adds

    Marija Tomic ResiAmerica, Inc.

    3960 Plymouth Ave, Memphis, TN 38128
  • /9

    $135,000

    • 3 Beds
    • 2 Baths
    • 1,093 Sq Ft

    3899 Walsingham Dr, Memphis, TN 38128

    INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Professionally managed by Foundation Property Management. No creative or owner financed offers. No wholesalers or assignments. Welcome to 3899 Walsingham Dr, a charming 3-bedroom, 2-bath home in a convenient Memphis location. This well-maintained property features hard-surface flooring

    James Wachob Foundation Property Management

    3899 Walsingham Dr, Memphis, TN 38128
  • /17

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,306 Sq Ft

    3162 Ford Rd, Memphis, TN 38109

    This is a fantastic opportunity for the first time buyer as well as the savvy investor. This 3bdrm, 2bath brick home is ideally situated for access to shopping schools and transportation. Call me for your private viewing of this great starter home.

    Wanda Gordon The Peyton Co., Inc., REALTORS

    3162 Ford Rd, Memphis, TN 38109

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