Memphis, TN Homes for Sale under $200,000

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  /40

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,367 Sq Ft

  3524 James Rd, Memphis, TN 38128

  Rare opportunity to own 5 acres in Memphis! This charming 2-bedroom, 1-bath home offers endless possibilities for those seeking privacy, room to expand, or the opportunity to build a custom dream home (subject to applicable approvals). Whether you're dreaming of creating your own private estate, enjoying room to garden and entertain, or simply embracing the peace and serenity of country-style

  Jason Wallace Keller Williams Realty

  3524 James Rd, Memphis, TN 38128
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  /2

  $7,100

  • Land
  • 6,098 Sq Ft
  • $50,714 per Acre

  1832 Rozelle St, Memphis, TN 38106

  Level lot for sale under $10,000. Perfect for a new construction. Also selling 1824 Rozelle.

  Virgil Pryor Harris Realty Services

  1832 Rozelle St, Memphis, TN 38106
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  /13

  $60,000

  • 2 Beds
  • 1 Bath
  • 648 Sq Ft

  2105 Farrington St, Memphis, TN 38109

  Michelle Batts KAIZEN Realty, LLC

  2105 Farrington St, Memphis, TN 38109
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  /28

  $198,500

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  6042 Whisper Valley Dr, Memphis, TN 38141

  Charming 3 bedroom 2 bath home with fresh updates. The interior has been freshly painted in modern, neutral colors, creating a clean and inviting look. Inside, new luxury vinyl plank flooring runs through all main living spaces for style and durability, while the bedrooms feature plush new carpet and pad for comfort. The kitchen shines with new granite countertops. Thoughtful upgrades continue

  Camela Henke Enterprise, REALTORS

  6042 Whisper Valley Dr, Memphis, TN 38141
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  /2

  $114,900

  • 3 Beds
  • 1.5 Baths
  • 1,642 Sq Ft

  4938 Cromwell Ave, Memphis, TN 38118

  Expand your investment portfolio with this excellent rental opportunity. Situated in a desirable rental market, this property offers convenient access to shopping, dining, major employers, and other local amenities. Please note that wholesale offers and contract assignments will not be considered.

  Dean Harris CrestCore Realty MphsBrokerage

  4938 Cromwell Ave, Memphis, TN 38118
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  /3

  $5,000

  $1K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  142 W Davant Ave, Memphis, TN 38109

  Vacant level lot for sale, utilities available. Seller offering owner finance at $1,000 down and starting at $269 a month. Individually sold but part of package of lots. Buyer responsible for any endorsement fees.

  Virgil Pryor Harris Realty Services

  142 W Davant Ave, Memphis, TN 38109
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  /11

  $119,000

  $418K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  433 Dixie Rd, Memphis, TN 38109

  TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 2-bedroom, 1-bath home is currently rented for $900/month through 02/25/2028, 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 portfolio

  James Wachob Foundation Property Management

  433 Dixie Rd, Memphis, TN 38109
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  /2

  $58,500

  • 2 Beds
  • 2 Baths
  • 1,303 Sq Ft

  1014 N Dunlap St, Memphis, TN 38107

  Investors! Welcome to a lovely 2 Bed/2 Full Bath rental that is cash flowing at $900 per month. Located close to entertainment and commerce, this neighborhood is prime for growth. Don't miss this opportunity to expand your portfolio!

  Joshua Cooper Sowell, Realtors

  1014 N Dunlap St, Memphis, TN 38107
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  /15

  $70,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  1752 Eldridge Ave, Memphis, TN 38108

  This 3-bedroom, 1-bathroom cottage in the 38108 zip code is the perfect candidate for a high-velocity portfolio addition. The home features partial renovations and is located in one of Memphis's most consistent rental submarkets. Priced to move quickly to a cash or non-contingent buyer. Seize the opportunity to finish the mechanicals and capture immediate equity. Cash or hard money preferred,

  Shae Roberts Advantage Property Management

  1752 Eldridge Ave, Memphis, TN 38108
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  /9

  $150,000

  $15K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,253 Sq Ft

  3011 Beauchamp Dr, Memphis, TN 38118

  Solid investment opportunity in Memphis. This 3 bedroom 1.5 bathroom property at 3011 Beauchamp Dr is tenant occupied and currently rented for $984.95 per month, providing immediate income for an investor looking to add to their portfolio. With steady cash flow already in place, this property offers a practical option for both new and experienced investors seeking rental income. Located in an

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3011 Beauchamp Dr, Memphis, TN 38118
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  /2

  $120,000

  $4K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,340 Sq Ft

  5843 Plum Valley Dr, Memphis, TN 38141

  Price Improvement! Tenants' rights-DO NOT disturb tenant. Investors, this is a great addition to your portfolio! Professionally managed, well maintained, zero lot-line townhome with TWO primary suites, one upstairs and one downstairs. Located in the Ridgetop Estates subdivision near Hickory Hill, with convenient access to Raines Road, I-240, and the broader Memphis metro employment and retail

  Aaron Ivey eXp Realty

  5843 Plum Valley Dr, Memphis, TN 38141
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  /18

  $79,000

  • 3 Beds
  • 2 Baths
  • 1,259 Sq Ft

  2352 Shasta Ave, Memphis, TN 38108

  Welcome to this charming newly built home featuring 3 bedrooms and 2 bathrooms, ideally located in a quiet neighborhood. All major work has been completed—just a few final touches remain! EVERYTHING IS NEW! Conveniently located near shopping, dining, schools, and major roadways. Whether you’re looking for your next home or an investment opportunity, this property offers plenty of potential. Don’t

  Anna Palazola Crye-Leike, Inc., REALTORS

  2352 Shasta Ave, Memphis, TN 38108
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  /2

  $90,000

  • 3 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  3101 Signal St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $650 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3101 Signal St, Memphis, TN 38127
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  /15

  $94,900

  • 3 Beds
  • 1.5 Baths
  • 1,258 Sq Ft

  3364 Brockcrest Cove, Memphis, TN 38128

  Don't miss this inviting 1-story home featuring 3 bedrooms, a 1-car attached carport, and a comfortable, functional layout. The welcoming front porch offers a great spot to relax, while the interior provides comfortable living spaces with plenty of potential to make your own. Schedule your showing today!

  Adam Woodring Mainstay Brokerage, LLC

  3364 Brockcrest Cove, Memphis, TN 38128
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  /32

  $119,000

  • 1 Bed
  • 1 Bath
  • 1,070 Sq Ft

  475 N Highland St Unit 2E, Memphis, TN 38122

  Opportunity knocks! Enjoy affordable hi rise living. Lovely large bright unit in prime central location. Very spacious rooms with lots of closet space. Stained concrete, floors. All appliances newer. Close to Greenline, Highpoint grocery and Pizza, Gated , covered parking with assigned spot ($25) . 24 hour security. Pool with grilling area and covered patio, fitness center. Party conference room

  Angie Kirkpatrick Crye-Leike, Inc., REALTORS

  475 N Highland St Unit 2E, Memphis, TN 38122
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  /23

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,110 Sq Ft

  3921 Raleigh Millington Rd, Memphis, TN 38128

  Welcome to 3921 Raleigh Millington Road, a property offering space, convenience, and potential in a well-established Memphis location. This home features a functional layout with comfortable living areas designed for everyday living and entertaining. Natural light fills the interior, creating a bright and inviting atmosphere throughout. The kitchen provides ample room for meal preparation and

  LaQuita Jordan Trelora Realty

  3921 Raleigh Millington Rd, Memphis, TN 38128
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,844 Sq Ft

  3680 Irma St Unit 70764, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $885 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3680 Irma St Unit 70764, Memphis, TN 38127
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  /15

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,165 Sq Ft

  4239 Lawnview St, Memphis, TN 38109

  Welcome to 4239 Lawnview St, a charming single-family home in the Westwood area of Memphis. This 3-bedroom, 2-bath residence offers approximately 1,165 sq ft of living space on a spacious lot. Built in 1966, the home provides an opportunity for buyers looking for an established property with potential to make it their own. Conveniently located near local schools, shopping, dining, and everyday

  Gregory Griffin Franchise Realty, LLC

  4239 Lawnview St, Memphis, TN 38109
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  /2

  $99,000

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

  3553 Gowan Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,100 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3553 Gowan Dr, Memphis, TN 38127
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  /21

  $108,500

  • 3 Beds
  • 1.5 Baths
  • 1,230 Sq Ft

  4336 Anna Dr, Memphis, TN 38109

  Beautiful all brick 3 bedroom/1.5 bath home. Ready to move in! Fresh neutral paint throughout, large closets. Come check it out! Owner Agent

  Jason Cousar Southeast Investors, LLC

  4336 Anna Dr, Memphis, TN 38109

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