Memphis, TN Homes under $200,000

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  /2

  $101,450

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
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  /2

  $113,250

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 Early St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
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  /2

  $102,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3176 Benjestown Rd, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $775/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-2392

  3176 Benjestown Rd, Memphis, TN 38127
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  /2

  $113,000

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

  646 Semple Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25.

  

  Caleb Hall

  Keller Williams

  (901) 617-7502

  646 Semple Ave, Memphis, TN 38127
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  /2

  $126,000

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

  644 Burdette Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 11/14/25

  

  Caleb Hall

  Keller Williams

  (901) 668-6109

  644 Burdette Ave, Memphis, TN 38127
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  /2

  $130,000

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

  518 Burlington Cir, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,176.00/mo. Professionally managed. Lease expires on 8/30/2025.

  

  Caleb Hall

  Keller Williams

  (901) 665-3175

  518 Burlington Cir, Memphis, TN 38127
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  /2

  $105,000

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

  2941 Carrington Rd, Memphis, TN 38114

  This excellent, recently updated bungalow is centrally located! The roof, central HVAC, flooring, and paint were all updated in 2021. This tenant-occupied investment opportunity is near the University of Memphis and is within walking distance to the University of Memphis Early Childhood Academy. DO NOT DISTURB TENANTS and no showings without an accepted offer. Cash-flowing and ready for a new

  

  Kristy Cannon

  Keller Williams

  (901) 675-6956

  2941 Carrington Rd, Memphis, TN 38114
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  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3460 Lamphier Ave, Memphis, TN 38122

  This completely renovated 3 bedroom 1 bathroom rental will make the perfect investment property. Tenant occupied current rent is $895. Please do not Disturb Tenant. No showings without an accepted offer. No wholesale offers or assignments.

  

  Kristy Cannon

  Keller Williams

  (901) 657-3935

  3460 Lamphier Ave, Memphis, TN 38122
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  /2

  $105,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1083 W Walthal Cir, Memphis, TN 38111

  Professionally managed. Rents for $1035. Architectural roof. Vinyl siding. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment offers.

  

  Kristy Cannon

  Keller Williams

  (901) 660-5028

  1083 W Walthal Cir, Memphis, TN 38111
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  /2

  $125,000

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

  2252 Devoy Ave, Memphis, TN 38108

  Build your investment portfolio. Great OWNER-OCCUPIED home marketed in a package with 3 other homes 1052 Seymour, 1058 Seymour, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB OWNER OCCUPANT. As Is Sell.

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 673-8165

  2252 Devoy Ave, Memphis, TN 38108
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  /2

  $145,000

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

  1052 Seymour St, Memphis, TN 38108

  Build your investment portfolio. Great OWNER-OCCUPIED home marketed in a package with 3 other homes 1058 Seymour, 2252 Devoy, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB OWNER OCCUPANT. As Is Sell.

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 627-3629

  1052 Seymour St, Memphis, TN 38108
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  /2

  $185,400

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

  2591 Bay Pointe Cir E, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Bay Point Cottage subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 902-4218

  2591 Bay Pointe Cir E, Memphis, TN 38128
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  /2

  $156,800

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

  4193 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 1 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6268

  4193 Riche Rd, Memphis, TN 38128
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  /2

  $100,000

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

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
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  /2

  $115,000

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

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  

  Harry Samuels

  Pinnacle Realty

  (901) 668-6924

  1797 Dupont Ave, Memphis, TN 38127
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  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 100+ 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. Over 15 other rental houses available also.

  

  Harry Samuels

  Pinnacle Realty

  (901) 657-4105

  1862 Dupont Ave, Memphis, TN 38127
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  /9

  $160,000

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

  1276 Carr Ave, Memphis, TN 38104

  Charming Historic District Opportunity! This spacious 5-bedroom, 1.5-bath home offers timeless character and classic architecture in one of Memphis’ sought-after historic neighborhoods. Featuring generous room sizes, original details, and a functional layout, this property is brimming with potential. While it does need some TLC, it’s a fantastic opportunity for those looking to restore and

  

  Michael Tally

  Tally Real Estate Group, LLC

  (901) 660-3757

  1276 Carr Ave, Memphis, TN 38104
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  /24

  $189,901

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

  3600 Powell Ave, Memphis, TN 38122

  A Berclair Beauty! Welcome to 38122 finest: Massive back yard, brick built, 4 bedroom home with granite kitchen and bonus room. Three downstairs bedrooms one up, now with its own AC mini-split system, bathroom and a finished walk-in attic. Hurry... wont last! Private 360 3D tours available upon request. Se habla espanol, Equal Housing Opportunity.

  

  Pablo Pereyra

  901, REALTORS

  (901) 621-3623

  3600 Powell Ave, Memphis, TN 38122
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  /10

  $158,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3143 S Lafayette Cir, Memphis, TN 38111

  Welcome to 3143 S Lafayette Cir. a charming 3-bedroom East Memphis home with timeless appeal and endless potential. Featuring original hardwood floors throughout, with living room, dedicated dining room, and an attached carport for convenient parking. The fenced backyard is perfect for pets or play. Whether you're an investor searching for your next opportunity or an owner-occupant looking to

  

  Amanda Lester

  NextHome Cornerstone Realty

  (901) 669-6627

  3143 S Lafayette Cir, Memphis, TN 38111
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  /15

  $139,000

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

  2196 Ketchum Rd, Memphis, TN 38114

  You'll the privacy on this one, no neighbors right on top of you. Easy access to I240. 4 bedroom/2 full baths. New paint, windows, refinished floors, new AC will be installed at closing. Nice size home and lot for the money, cheaper than rent. It was leased at $1700/mo but you can own is for much less. Call for details.

  

  Scott Carrier

  Keller Williams

  (901) 660-8718

  2196 Ketchum Rd, Memphis, TN 38114
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  /9

  $160,000

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

  596 Burdette Ave, Memphis, TN 38127

  Discover this lovely 3-bedroom, 1.5-bathroom home located in a great neighborhood, featuring covered parking and a spacious corner lot. The home also boasts brand new windows, adding to its appeal and energy efficiency. This property qualifies for special financing options through the City of Memphis. Don’t miss your chance—schedule a showing today! This opportunity won’t last long

  

  Lakesha Lilly Leatherwood

  The Home Partners Realty

  (901) 673-2452

  596 Burdette Ave, Memphis, TN 38127
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  /37

  $116,000

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

  2606 Wellons Ave, Memphis, TN 38127

  AS IS Sale-Great Opportunity to Rent as Investment. Property has a Spacious Living/Dining Room Combo, Laundry Room, New Flooring, 3 bedrooms, 1 Full Bath and 1/2 bath and a Deck on the back. CASH ONLY. Cash Buyers must show Proof of Funds. Sorry No Wholesalers or Creative Financing will be Accepted. New Paint and New Flooring. Seller also Selling 2531 Redvers, 38127. Seller will not Turn on

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 582-8468

  2606 Wellons Ave, Memphis, TN 38127
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  /28

  $109,000

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

  2531 Redvers Ave, Memphis, TN 38127

  AS IS SALE-Great for Investor/Rental. Property has Fresh Interior Paint and New Flooring. Home has 3 Bedrooms and 2 Full Baths, Kitchen Great Room and Laundry Room with Spacious Front/Backyard. CASH ONLY, Cash Buyers Must Show Proof of Funds. Sorry No Wholesalers or Creative Financing. Seller prefers a Quick Close!!! Seller will Not Turn On Utilities for Inspections. Buyer Must turn on

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 657-1679

  2531 Redvers Ave, Memphis, TN 38127
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  /14

  $185,000

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

  822 Eastern Dr, Memphis, TN 38122

  Well kept 3 bedroom, 1.5 bath in Kingbury area. Perfect home for small family who wants a large backyard for play in a quiet neighborhood. Home has a formal living room and a Great Room off of the kitchen. Lots of options.

  

  Daniel Johnson

  Keller Williams

  (901) 657-2536

  822 Eastern Dr, Memphis, TN 38122
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  /24

  $190,000

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

  5753 Riverhead Ave, Memphis, TN 38135

  Back on the market at no fault to the seller. Welcome to this 3-bedroom, 2-bath gem nestled on a spacious lot with a large yard perfect for outdoor entertaining, gardening, or future expansion. This home offers a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next project. Inside, you'll find a functional layout with good bones and plenty of

  

  Caleb Hall

  Keller Williams

  (901) 675-6885

  5753 Riverhead Ave, Memphis, TN 38135
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  /30

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,434 Sq Ft

  980 N Circle Rd, Memphis, TN 38127

  Charming One-Level Brick Home in Cedarwood Subdivision!Welcome to this well-maintained 3-bedroom, 1-bath home nestled in the quiet Cedarwood neighborhood of Northaven. Freshly painted throughout and move-in ready, this home offers the ease of single-level living with a spacious, functional layout.Enjoy two separate living areas—perfect for entertaining or relaxing—and a dedicated

  

  Amy McLemore

  Total Realty Source

  (901) 582-5761

  980 N Circle Rd, Memphis, TN 38127
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  /20

  $139,000

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

  4189 Chippewa Rd, Memphis, TN 38118

  Great opportunity in Memphis! This property has had recent renovations including updated flooring, fresh paint, and more. Functional layout with strong rental potential or a great option for a primary residence. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add this one to your portfolio or make it your own!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 446-3068

  4189 Chippewa Rd, Memphis, TN 38118
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  /28

  $110,000

  • 1 Bed
  • 1 Bath
  • 100+ Sq Ft

  109 N Main St Unit 1202, Memphis, TN 38103

  Spacious Studio with brick accent wall, river view, walk in closet and large kitchen. Ready to make it yours!

  

  Sherry Harbur

  Harbur Realty

  (901) 621-4791

  109 N Main St Unit 1202, Memphis, TN 38103
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  /28

  $199,900

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

  3635 Cromwell Cove, Memphis, TN 38118

  Very nice renovated 4 bedroom 2.5 bathroom home with 2 living areas, dining room area, laundry room, and a great back yard.

  

  Bill Murdock

  Crye-Leike of MS

  (901) 621-7470

  3635 Cromwell Cove, Memphis, TN 38118
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  /3

  $150,000

  • Land

  8607 Geiberger Dr, Memphis, TN 38016

  Beautiful new gated community on the famous picturesque Colonial Country Club, the home of a nationally recognized 18-hole championship course that hosted more than 30 PGA events and crowned great golfers such as Jack Nicklaus, Gary Player and Lee Trevino. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of

  

  Anna Thomas

  Keller Williams

  (901) 665-2185

  8607 Geiberger Dr, Memphis, TN 38016
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  /3

  $145,000

  • Land

  8599 Geiberger Dr, Memphis, TN 38016

  Beautiful new gated community on the famous picturesque Colonial Country Club, the home of a nationally recognized 18-hole championship course that hosted more than 30 PGA events and crowned great golfers such as Jack Nicklaus, Gary Player and Lee Trevino. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of

  

  Anna Thomas

  Keller Williams

  (901) 675-7130

  8599 Geiberger Dr, Memphis, TN 38016
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  /2

  $100,000

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

  3034 Mccool Ave, Memphis, TN 38114

  This renovated rental will make the perfect investment property. Tenant occupied current rent is $950. This brick home is a 3 bed 1 bath with fenced in back yard! located on a quiet cove. This home also has a basement for your laundry room and a bedroom! Please do not Disturb Tenant. No showings without an accepted offer. No wholesale offers or assignments.

  

  Kristy Cannon

  Keller Williams

  (901) 329-7864

  3034 Mccool Ave, Memphis, TN 38114
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  /11

  $145,000

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

  1058 Seymour St, Memphis, TN 38108

  Build your investment portfolio. Great TENANT OCCUPIED home marketed in a package with 3 other homes 1052 Seymour, 2252 Devoy, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. Pictures are from previous listing. DO NOT DISTURB TENANTS. As Is Sell.

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 668-6222

  1058 Seymour St, Memphis, TN 38108
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  /19

  $199,900

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

  840 Thistledown Dr Unit 1009, Memphis, TN 38117

  NEW PRICE! Welcome home to this beautifully updated 2BR/2BA condo in Tennessee’s largest gated community! Step into a move-in ready space featuring stylish neutral tones, durable LVP flooring, and elegant crown molding. The renovated bathrooms and updated kitchen with newer appliances make everyday living easy and enjoyable. Enjoy a spacious living room that opens to your own private

  

  Margie Oneal

  REMAX Experts

  (901) 716-8449

  840 Thistledown Dr Unit 1009, Memphis, TN 38117
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  /11

  $130,000

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

  1562 Victor St, Memphis, TN 38106

  Rehab partially completed. Property being sold as-is. Some updates have been started, but the project is unfinished. Good potential for investors or buyers looking to complete the work. Buyer to do their own due diligence. No repairs or warranties offered.

  

  Walter Jones

  BEST Real Estate Company

  (901) 673-3800

  1562 Victor St, Memphis, TN 38106
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  /23

  $175,000

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

  519 Dreger Ave, Memphis, TN 38109

  Charming One-Level Living in Whitehaven! Discover this well-maintained 3-bedroom, 2-bath home in the Whitehaven area. This single-level residence offers spacious living with a welcoming great room featuring a cozy fireplace. The traditional eat-in kitchen is ideal for casual dining, and hardwood floors add warmth and character throughout. Enjoy a nice-sized lot with a generous backyard and a

  

  Samiha Alward

  Keller Williams

  (901) 883-7161

  519 Dreger Ave, Memphis, TN 38109
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  /25

  $175,000

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

  3663 Park Ave, Memphis, TN 38111

  "OWNER AGENT! DO N OT DISTURB THE TENANTS PLEASE! CALL FOR INFORMATION

  Saeed Nia Crye-Leike Commercial

  3663 Park Ave, Memphis, TN 38111
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  /26

  $159,000

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

  2694 Kimball Ave, Memphis, TN 38114

  Newly Renovated, 3 bed/2 bath w/ 2 bonus rooms. 2 Story (Finished Attic). New deck, new drive way. Spacious backyard.

  Mamuse Ayanru eXp Realty, LLC

  2694 Kimball Ave, Memphis, TN 38114
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  /11

  $145,000

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

  943 N Manassas St, Memphis, TN 38107

  Investor Opportunity! 2-bedroom, 1-bath home currently rented for $1,250/month with tenant in place. It's being sold as part of a package deal that includes 3 residential properties and 1 apartment complex. Low property taxes and insurance make this a solid addition to an investment portfolio. Contact listing agent for package details.

  Jessica Niter Keller Williams

  943 N Manassas St, Memphis, TN 38107
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  /10

  $175,000

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

  317 N Manassas St, Memphis, TN 38105

  Investor Opportunity! This 4 bedroom, 1.5 bath is currently occupied and is being leased for $1,568/month on a Section 8 voucher. It's being sold as part of a package deal including 3 residential properties and 1 apartment complex. Low property taxes and insurance make this a strong addition to any investment portfolio. Contact listing agent for full package details.

  Jessica Niter Keller Williams

  317 N Manassas St, Memphis, TN 38105

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