Memphis, TN Homes for Sale under $200,000

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  /17

  $114,900

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  3284 Parham St, Memphis, TN 38127

  Welcome home! This awesome Move-in ready property would be great for owner occupants and investors alike. This 3 bed, 1 bath home features fresh paint, beautiful hardwood floors, and updated bathroom and kitchen! The two-car garage is huge and has an additional workshop/storage space. Schedule your viewing today before this one is gone!

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 675-5689

  3284 Parham St, Memphis, TN 38127
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• 

  

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4511 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 675-6020

  4511 Beacon Hill Dr, Memphis, TN 38127
• 

  

  /2

  $110,000

  • 2 Beds
  • 1 Bath
  • 962 Sq Ft

  1543 Stacey St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 509-9838

  1543 Stacey St, Memphis, TN 38108
• 

  

  

  /19

  $124,995

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

  1100 Rozelle St, Memphis, TN 38106

  Tenant in place at $995 until 12/26/26. This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances,

  

  Caleb Hall

  Keller Williams

  (901) 445-8139

  1100 Rozelle St, Memphis, TN 38106
• 

  

  /2

  $167,580

  • 2 Beds
  • 1 Bath
  • 895 Sq Ft

  3768 Faxon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,250 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 617-7638

  3768 Faxon Ave, Memphis, TN 38122
• 

  /2

  $115,297

  • 3 Beds
  • 1 Bath
  • 1,267 Sq Ft

  1388 Preston St, Memphis, TN 38106

  This is a nice family home on a corner lot with a large covered porch.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 479-0734

  1388 Preston St, Memphis, TN 38106
• 

  

  /12

  $125,800

  • 3 Beds
  • 1 Bath
  • 1,063 Sq Ft

  3914 Schoolfield Rd, Memphis, TN 38127

  Completely Renovated & Move-In Ready! Step into modern comfort in this beautifully renovated 3-bedroom, 1-bath home featuring laminate wood flooring throughout and a fully updated kitchen and bath. The kitchen comes equipped with appliances, perfect for first-time buyers or those seeking turnkey convenience. Enjoy peace of mind with brand-new HVAC, roof, plumbing, and electrical...everything has

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 716-8055

  3914 Schoolfield Rd, Memphis, TN 38127
• 

  /2

  $155,000

  • Land
  • 0.16 Acre
  • $968,750 per Acre

  507 Henry Heights Dr, Memphis, TN 38117

  Build your dream home on Lot 17 in the gated Princeton Heights community in the heart of East Memphis! This vacant lot is situated on the end of the quiet street. At 0.16 acre (one of the largest lots), you'll have some space for backyard entertainment along with easy maintenance. All existing homes were built by Chris Tedder, known for exceptional craftsmanship & style. Looking for something

  

  Julie Upchurch

  McWaters & Associates

  (901) 673-5774

  507 Henry Heights Dr, Memphis, TN 38117
• 

  

  /9

  $128,000

  • 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
• 

  /2

  $130,400

  • 4 Beds
  • 1 Bath
  • 858 Sq Ft

  4498 Beacon Hill Cove, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 883-7574

  4498 Beacon Hill Cove, Memphis, TN 38127
• 

  /2

  $152,950

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  3126 Crump Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $____ with a lease expiration of ____. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 694-8973

  3126 Crump Ave, Memphis, TN 38112
• 

  

  /3

  $150,000

  • Land

  8607 Geiberger Dr, Memphis, TN 38016

  *** There are very few Golf Course lots available in Memphis and we have 2 for sale*** Come to the 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. These stunning lots directly back up to #1

  

  Anna Thomas

  Keller Williams

  (901) 665-2185

  8607 Geiberger Dr, Memphis, TN 38016
• 

  /2

  $122,360

  • 2 Beds
  • 1 Bath
  • 876 Sq Ft

  3640 Dunn Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 554-4811

  3640 Dunn Ave, Memphis, TN 38111
• 

  /2

  $167,580

  • 2 Beds
  • 1.5 Baths
  • 1,219 Sq Ft

  1194 Wingfield Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,100 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 675-6601

  1194 Wingfield Rd, Memphis, TN 38122
• 

  

  /20

  $125,000

  • 3 Beds
  • 2.5 Baths
  • 1,867 Sq Ft

  3406 Cristil St Unit 31, Memphis, TN 38118

  Spacious townhome in a peaceful East Memphis neighborhood featuring 3 bedrooms and 2.5 baths. Updates include new carpet in all bedrooms and laminate wood flooring in the den. Functional layout with comfortable living space, conveniently located near shopping, dining, and everyday amenities.

  

  Randell Richmond

  eXp Realty, LLC

  (901) 296-9554

  3406 Cristil St Unit 31, Memphis, TN 38118
• 

  

  /6

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,571 Sq Ft

  4138 Macon Rd, Memphis, TN 38122

  Calling all investors interested in a massive home of 2,000 plus square feet with potential for income!!! Come on out and check out this canvas readyfor your artwork for yourself!!! Property will be sold AS-IS. SELLER WILL NOT MAKE ANY REPAIRS!!!!

  

  Randell Richmond

  eXp Realty, LLC

  (901) 329-8574

  4138 Macon Rd, Memphis, TN 38122
• 

  

  /34

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,335 Sq Ft

  4261 Boyce Rd, Memphis, TN 38117

  Freshly painted inside and out! You'll find extra space, and outdoor living in this 3 bedroom home that delivers more than you expect. Large, solid expansion and flexible living space in a convenient 38111 location. Enjoy a 15x12 screened-in porch perfect for morning coffee or relaxing evenings protected from the Memphis mosquitos! Detached and wired workshop offers ideal space for hobbies,

  

  Kimmer Plunk

  Centric Realty LLC

  (901) 660-9498

  4261 Boyce Rd, Memphis, TN 38117
• 

  

  /14

  $169,000

  • 3 Beds
  • 2 Baths
  • 1,432 Sq Ft

  3553 Rhodes Ave, Memphis, TN 38111

  Pretty, French provisional style home. Totally remodeled inside with new lightning, cabinets and countertops. Living room and den open up to make your entertaining area huge. An additional 2 car detached carport with workshop. Perfect starter home. This one won't last long.

  

  William Mitchell

  Crye-Leike, Inc., REALTORS

  (901) 660-8453

  3553 Rhodes Ave, Memphis, TN 38111
• 

  

  /14

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,563 Sq Ft

  930 N Idlewild St, Memphis, TN 38107

  Are you looking for the cutest cottage in Midtown’s historic district? This charming gem is located in the highly desirable Vollintine Historic District and is full of character and potential. With just a little TLC, this home can truly shine. Featuring 3 bedrooms and 1 full bath, this cozy cottage is ideal for a first-time homebuyer or an investor looking for a great rental opportunity. The

  

  Valencia Gathwright

  Keller Williams

  (901) 446-2708

  930 N Idlewild St, Memphis, TN 38107
• 

  /2

  $103,750

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

  1030 Floyd 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 $950/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 669-4348

  1030 Floyd Ave, Memphis, TN 38127
• 

  /2

  $172,900

  • 2 Beds
  • 1 Bath
  • 828 Sq Ft

  4395 Ferndale Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,150 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 245-5264

  4395 Ferndale Rd, Memphis, TN 38122
• 

  /2

  $109,500

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

  803 Par 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 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6064

  803 Par Ave, Memphis, TN 38127
• 

  /2

  $160,930

  • 3 Beds
  • 1 Bath
  • 1,011 Sq Ft

  4368 Macon Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1000 with a lease expiration of 09/31/2026.This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 657-4111

  4368 Macon Rd, Memphis, TN 38122
• 

  /2

  $156,940

  • 3 Beds
  • 1 Bath
  • 911 Sq Ft

  1241 Holliday St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 660-8823

  1241 Holliday St, Memphis, TN 38122
• 

  /2

  $158,270

  • 2 Beds
  • 1 Bath
  • 1,056 Sq Ft

  1474 Orr St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,125 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 445-6790

  1474 Orr St, Memphis, TN 38108
• 

  /2

  $101,080

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  4233 Riviera Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $650 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 660-9952

  4233 Riviera Rd, Memphis, TN 38108
• 

  /2

  $129,000

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

  823 Par 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 3/18/26.

  

  Caleb Hall

  Keller Williams

  (901) 621-8434

  823 Par Ave, Memphis, TN 38127
• 

  /2

  $118,370

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  3817 Chelsea Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 499-2962

  3817 Chelsea Ave, Memphis, TN 38108
• 

  /2

  $105,070

  • 2 Beds
  • 1 Bath
  • 772 Sq Ft

  3740 E Mallory Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 657-5925

  3740 E Mallory Ave, Memphis, TN 38111
• 

  /2

  $140,980

  • 2 Beds
  • 1 Bath
  • 1,079 Sq Ft

  3437 Vernon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $900 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 621-5607

  3437 Vernon Ave, Memphis, TN 38122
• 

  /2

  $146,300

  • 3 Beds
  • 1 Bath
  • 1,074 Sq Ft

  1771 Wells Station Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 329-8645

  1771 Wells Station Rd, Memphis, TN 38108
• 

  /2

  $168,910

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

  4248 Truman Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $925 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 445-6814

  4248 Truman Ave, Memphis, TN 38108
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4623 Sunnybrook St, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 554-4971

  4623 Sunnybrook St, Memphis, TN 38127
• 

  /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
• 

  

  /20

  $162,000

  • 3 Beds
  • 1.5 Baths
  • 1,293 Sq Ft

  2869 Dumbarton Oaks Dr, Memphis, TN 38127

  Enjoy lake living in a peaceful community where you can fish or boat daily. This home has been completely renovated and features a modern kitchen with stone countertops. Marble finish tile gives an elegant and modern look to the space. There are two living spaces, allowing flexibility for using this home to accommodate your needs. The bathrooms have been handsomely renovated and this home is like

  

  Meleah Thurmond-Edwards

  KAIZEN Realty, LLC

  (901) 675-6716

  2869 Dumbarton Oaks Dr, Memphis, TN 38127
• 

  /2

  $145,400

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft

  2620 Maverick Ave, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 660-8007

  2620 Maverick Ave, Memphis, TN 38127
• 

  /2

  $110,250

  • 3 Beds
  • 3 Baths
  • 2,117 Sq Ft

  1384 Melrose Cove, Memphis, TN 38106

  

  Austin Hall

  Evernest Too, LLC

  (901) 660-3947

  1384 Melrose Cove, Memphis, TN 38106
• 

  /2

  $144,970

  • 3 Beds
  • 1 Bath
  • 796 Sq Ft

  1456 Orr St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,000 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 668-8558

  1456 Orr St, Memphis, TN 38108
• 

  /2

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-3692

  1541 Patton St, Memphis, TN 38106
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4485 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 657-6692

  4485 Beacon Hill Dr, Memphis, TN 38127

Showing Results 41 - 80, Page 2 of 18