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Memphis, TN Homes under $200,000

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    $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
  • /2

    $132,900

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

    79 E Shelby Dr, Memphis, TN 38109

    This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

    Joye Martin Miller Martin Realty

    79 E Shelby Dr, Memphis, TN 38109
  • /2

    $125,000

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

    3209 Coleman Ave, Memphis, TN 38112

    Attention Investors and Home Buyers! This charming 3-bedroom, 2-bath home is recently renovated and currently tenant-occupied, generating $1,200 per month on a month-to-month lease—an excellent rental income opportunity! Showings are available only with an accepted contract to respect tenant privacy. The property can be delivered vacant at closing, or you can choose to renew the lease and

    Zahra Sultan eXp Realty, LLC

    3209 Coleman Ave, Memphis, TN 38112
  • /2

    $130,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    1502 Mary Jane Ave, Memphis, TN 38116

    Turnkey Rental | $1,080/mo | Lease in Place Until 5/2026 | Cap Rate ~7% | Priced to Sell. Cash Flowing Investment opportunity in the Whitehaven area. This 3br/1 bath single-family home is in the 38116. Cash flowing, currently rented at $1080/month. Current lease ends 05/2026. Showings with an accepted offer. Do not disturb tenants.

    Courtney Staples Keller Williams

    1502 Mary Jane Ave, Memphis, TN 38116
  • /2

    $169,900

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

    2275 Jackson Ave, Memphis, TN 38112

    This is an As Is Sale Wood Floors 2 Car Detached Garage Home in need of cosmetic repairs Great oppurtunity to flip home

    Frank Pereira Jennae Realty, Inc.

    2275 Jackson Ave, Memphis, TN 38112
  • /2

    $129,900

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

    3965 Plymouth Ave, Memphis, TN 38128

    Great turn key rental. New roof 4/2025. Currently rented for $1,295 a month with valid lease until 3/31/26.

    Joe King Marathon REALTORS, LLC

    3965 Plymouth Ave, Memphis, TN 38128
  • /2

    $129,900

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

    3562 Monessen Dr, Memphis, TN 38128

    Great turn key rental. Tenant inn place paying $1,295 a month with valid lease until 11/30/2025

    Joe King Marathon REALTORS, LLC

    3562 Monessen Dr, Memphis, TN 38128
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    $109,150

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3696 Parfet Cove, Memphis, TN 38128

    Welcome to 3696 Parfet Cove. This charming 3-bedroom, 1-bathroom home presents a solid investment opportunity. Located on a quiet cove, the property features a functional layout, low-maintenance design, and strong rental appeal. With a stable tenant in place and consistent cash flow, this is a turnkey addition to any investment portfolio. TENANTED PROPERTY – DO NOT APPROACH OR DISTURB TENANTS.

    James Wachob Foundation Property Management

    3696 Parfet Cove, Memphis, TN 38128
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    $150,000

    • Land
    • 3.36 Acres
    • $44,643 per Acre

    0 Berryhill Rd Unit 10185975, Unincorporated, TN 38016

    The land has been cleared with a great portion of trees removed. Owner is motivated to sell this 3.3 acre property zoned CA (Conservative Agriculture, but could be developed for Single Family Homes. Utilities able to be placed from adjacent subdivision and offers lots of the seclusion. Show and sell today. Owner will not finance.

    Daryl Lewis Infinity Group REALTORS, Inc.

    0 Berryhill Rd Unit 10185975, Unincorporated, TN 38016
  • /2

    $114,000

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

    861 Buntyn St, Memphis, TN 38114

    Perfect home for first time home buyer or investors. This is a 3 bedrooms 1 bath home, one year old roof, new wiring, plumbing and 6 month old hvac system. Only 6 minutes drive from university of Memphis making it ideal for rental property. 1814 Marjorie St and 44 Peebles St are up for sale too. Buy it individually or all three houses together. Ideal for investors who wants to increase their

    Ali Nawaz KAIZEN Realty, LLC

    861 Buntyn St, Memphis, TN 38114
  • /2

    $129,000

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

    1814 Marjorie St, Memphis, TN 38106

    Welcome to this charming 3-bedroom, 2.5-bath home located in a quiet, desirable neighborhood! The property features a spacious layout, perfect for both everyday living and entertaining. Enjoy the convenience of an open kitchen and dining area, a large living room with plenty of natural light, and a cozy backyard for relaxation or gatherings. The master bedroom includes full bath, while the two

    Ali Nawaz KAIZEN Realty, LLC

    1814 Marjorie St, Memphis, TN 38106
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    $129,900

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

    5246 Lochinvar Dr, Memphis, TN 38116

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38116 area. Cash flowing with a monthly rental amount of $1,095/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    5246 Lochinvar Dr, Memphis, TN 38116
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    $175,000

    • Land
    • 9 Acres
    • $19,752 per Acre

    00 Yale Rd, Memphis, TN 38133

    Fantastic location busy High traffic area of Bartlett. Zoned office. Long Frontage on Yale Rd. Some flood land. Owner anxious to sell. Beautiful, Level, vacant land.

    Jim Norman Keller Williams

    00 Yale Rd, Memphis, TN 38133
  • /2

    $165,000

    • 2 Beds
    • 1 Bath
    • 1,413 Sq Ft

    1609 Hugenot St, Memphis, TN 38114

    Welcome to 1609-1611 Hugenot Street, a solid income-producing duplex located in the heart of Memphis, TN 38114. Each unit features 2 bedrooms and 1 bathroom, offering comfortable living space with classic charm and practical updates—perfect for both investors and owner-occupants. The property boasts great curb appeal with a well-kept lawn, mature trees, and a welcoming front porch. Inside, each

    James Wachob Foundation Property Management

    1609 Hugenot St, Memphis, TN 38114
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    $125,000

    • Land
    • 0.13 Acre
    • $961,538 per Acre

    1442 N Hollywood St, Memphis, TN 38108

    This sale includes two lots that are being sold as a commercial lot. Lots 42 and 43, parcel numbers 042060 00021 and 042060 00022

    James Walker REMAX Experts

    1442 N Hollywood St, Memphis, TN 38108
  • /2

    $189,000

    • Land
    • 0.29 Acre
    • $651,724 per Acre

    3553 Walnut Grove Rd Unit Lot 2, Memphis, TN 38111

    Great level lot with some mature trees. Located in a prime area with expensive homes surrounding it. adjacent to Galloway Golf course. Lots in this area are extremely rare.

    Linda Sowell Sowell, Realtors

    3553 Walnut Grove Rd Unit Lot 2, Memphis, TN 38111
  • /2

    $145,000

    • Land
    • 0.27 Acre
    • $537,037 per Acre

    0 N Orleans St, Memphis, TN 38105

    There are 2 lots for sale in this package. The price is for Both. These medical center lots are located at the South Entrance to the Orleans Station Development which is a 10 acre development with 16,000 sf of retail and 372 Apartments. Great Location!

    Chris Garland Crye-Leike, Inc., REALTORS

    0 N Orleans St, Memphis, TN 38105
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    $114,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    3189 Morningside St, Memphis, TN 38127

    Claudia Routh TRG Real Estate Services, LLC

    3189 Morningside St, Memphis, TN 38127
  • /19

    $200,000

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

    3515 Wooddale Cove, Memphis, TN 38118

    Bang Nguyen REMAX Experts

    3515 Wooddale Cove, Memphis, TN 38118

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