1,058

Memphis, TN Homes for Sale under $200,000

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  • /2

    $156,940

    • 3 Beds
    • 1 Bath
    • 1,121 Sq Ft

    2270 Devoy Ave, 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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-8292

    2270 Devoy Ave, Memphis, TN 38108
  • /2

    $167,580

    • 3 Beds
    • 1 Bath
    • 1,027 Sq Ft

    943 Waring Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $950 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 705-0446

    943 Waring Rd, Memphis, TN 38122
  • /5

    $100,000

    • Land
    • 5 Acres
    • $20,000 per Acre

    987 S Weaver Rd, Memphis, TN 38109

    5 lots for a total of 5+ acres 987 Weaver Rd, 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

    Agent Photo

    Jason Miller

    eXp Realty

    (901) 582-6256

    987 S Weaver Rd, Memphis, TN 38109
  • /2

    $100,000

    $1K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3553 Randolph St, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 763-6496

    3553 Randolph St, Memphis, TN 38127
  • /2

    $166,250

    • 3 Beds
    • 1.5 Baths
    • 1,377 Sq Ft

    848 N Highland St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $780 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-1666

    848 N Highland St, Memphis, TN 38122
  • /23

    $160,000

    • 3 Beds
    • 2 Baths
    • 1,205 Sq Ft

    4575 Buffer Dr, Memphis, TN 38128

    Welcome home. This cozy 3 bed, 2 bath home is an awesome investment property The living room features high vaulted ceilings with a fireplace as the center piece, and has access to the covered patio. It features central heating and air, plus ceiling fans in each room, LVP flooring throughout, updated bathrooms, a pantry in the kitchen, a breakfast bar, and a nice sized shed in the fenced in back

    Agent Photo

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 660-9808

    4575 Buffer Dr, Memphis, TN 38128
  • /29

    $155,000

    $3K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,104 Sq Ft

    5328 Clinchport Cir, Memphis, TN 38127

    MHFA RENTAL AT $1575 per month!! 1% CASH FLOW- ONE YEAR BUILDER WARRANTY, Tenant in annual lease 4 BR 2 Bath home fully renovated in super-hot and growing rental market! New roof, exterior paint, new floors, bathrooms, and kitchen- LVP, tile and carpet- new condenser, furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. contact Alissa for showing!

    Agent Photo

    Alissa Anderson

    KAIZEN Realty, LLC

    (901) 499-3761

    5328 Clinchport Cir, Memphis, TN 38127
  • /2

    $178,220

    • 4 Beds
    • 1 Bath
    • 1,504 Sq Ft

    3319 Given Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,175 with a lease expiration of 01/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-2635

    3319 Given Ave, Memphis, TN 38122
  • /2

    $166,250

    • 3 Beds
    • 1 Bath
    • 1,172 Sq Ft

    4058 Ward Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $825 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-5452

    4058 Ward Ave, Memphis, TN 38108
  • /2

    $171,570

    • 1 Bath
    • 1,155 Sq Ft

    3410 Tutwiler Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 665-2511

    3410 Tutwiler Ave, Memphis, TN 38122
  • /2

    $198,170

    • 4 Beds
    • 2 Baths
    • 1,548 Sq Ft

    3685 Vivia Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,275 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-8753

    3685 Vivia Ave, Memphis, TN 38122
  • /2

    $179,550

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

    2534 Selman Ave, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $1,150 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 245-0931

    2534 Selman Ave, Memphis, TN 38112
  • /2

    $104,000

    $9K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3633 Early St, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7953

    3633 Early St, Memphis, TN 38127
  • /2

    $115,710

    • 2 Beds
    • 1 Bath
    • 827 Sq Ft

    3323 Farmville Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $775 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 627-3812

    3323 Farmville Rd, Memphis, TN 38122
  • /9

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,024 Sq Ft

    3421 Piney Woods Ave, Memphis, TN 38118

    3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

    Agent Photo

    Jason Miller

    eXp Realty, LLC

    (901) 668-6751

    3421 Piney Woods Ave, Memphis, TN 38118
  • /2

    $178,220

    • 2 Beds
    • 1 Bath
    • 766 Sq Ft

    3997 Truman Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,200 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 675-6055

    3997 Truman Ave, Memphis, TN 38108
  • /2

    $171,570

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

    2050 Tant Rd, Memphis, TN 38128

    Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 3/31/26. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-4206

    2050 Tant Rd, Memphis, TN 38128
  • /2

    $162,260

    • 2 Beds
    • 1.5 Baths
    • 1,263 Sq Ft

    3408 Powell Ave, Memphis, TN 38122

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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 403-8746

    3408 Powell Ave, Memphis, TN 38122
  • /2

    $134,330

    • 2 Beds
    • 1 Bath
    • 939 Sq Ft

    1710 Mcnair St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 716-8058

    1710 Mcnair St, Memphis, TN 38108
  • /2

    $154,280

    • 3 Beds
    • 1 Bath
    • 1,072 Sq Ft

    3736 Whittier Rd, 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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 446-4846

    3736 Whittier Rd, Memphis, TN 38108
  • /2

    $176,890

    • 2 Beds
    • 2 Baths
    • 1,320 Sq Ft

    3051 Park Ave, Memphis, TN 38111

    Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-2521

    3051 Park Ave, Memphis, TN 38111
  • /14

    $140,000

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft

    3736 W Donna Dr, Memphis, TN 37127

    Welcome home to this charming four bedroom two bath home with a unique floor plan and huge fenced in back yard for entertaining. Primary bedroom with a private bath, one bath in hallway. Home has been renovated!

    Agent Photo

    Leaser Coleman

    Empire Realty, LLC

    (629) 263-7576

    3736 W Donna Dr, Memphis, TN 37127
  • /32

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,547 Sq Ft

    2277 Union Ave Unit 103, Memphis, TN 38104

    Don’t miss this rare opportunity for one of the largest units available in this midtown condo community! With 3 bedrooms (or 2 bedrooms plus office) this first floor condo has its own in-unit laundry. This home is updated, well maintained, and move-in-ready! Enjoy getting to know your neighbors at the pool or in the community lobby. General parking included plus covered parking available for a

    Agent Photo

    Julianne Carney

    Keller Williams

    (901) 437-4883

    2277 Union Ave Unit 103, Memphis, TN 38104
  • /2

    $143,640

    • 3 Beds
    • 1 Bath
    • 1,119 Sq Ft

    3803 Rhodes Ave, Memphis, TN 38111

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 668-8878

    3803 Rhodes Ave, Memphis, TN 38111
  • /2

    $140,980

    • 2 Beds
    • 1 Bath
    • 1,018 Sq Ft

    4123 Ronnie Rd, Memphis, TN 38128

    Renovated rental property with an active lease in place. Currently leased at $975 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 675-6372

    4123 Ronnie Rd, Memphis, TN 38128
  • /34

    $169,900

    $9K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,498 Sq Ft

    4265 Tutwiler Ave, Memphis, TN 38122

    Charming 1955 bungalow located at 4265 Tutwiler featuring timeless character and incredible living space throughout. This home offers beautiful hardwood floors in the family room, formal dining room, living room, and both bedrooms. The spacious living room is filled with natural light and accented with stunning built-in bookcases, creating the perfect blend of warmth and functionality. The

    Agent Photo

    Chasity Blackburn

    Blackburn & Co

    (901) 504-3240

    4265 Tutwiler Ave, Memphis, TN 38122
  • /2

    $184,870

    • 2 Beds
    • 2 Baths
    • 1,353 Sq Ft

    1033 N Highland St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,250 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 668-8480

    1033 N Highland St, Memphis, TN 38122
  • /14

    $112,500

    $8K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 900 Sq Ft

    3290 Valley Stream Cove, Memphis, TN 38128

    Turnkey property exceeding the 1% rule! Very solid investment opportunity in 38128! This property features a 3 bed/1 bath with a 1-car garage which is rare for the location and drives tenant demand! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 563-3598

    3290 Valley Stream Cove, Memphis, TN 38128
  • /2

    $140,980

    • 3 Beds
    • 2 Baths
    • 1,040 Sq Ft

    1755 Atlas St, 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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 668-7984

    1755 Atlas St, Memphis, TN 38108
  • /2

    $144,000

    • 2 Beds
    • 1 Bath
    • 1,244 Sq Ft

    3358 Coleman Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $800 a month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-1478

    3358 Coleman Ave, Memphis, TN 38122
  • /2

    $129,000

    $24K PRICE INCREASE
    • 2 Beds
    • 1 Bath
    • 696 Sq Ft

    1799 Walter St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $850 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 445-7877

    1799 Walter St, Memphis, TN 38108
  • /33

    $179,900

    • 4 Beds
    • 2 Baths
    • 1,515 Sq Ft

    1811 Wells Station Rd, Memphis, TN 38108

    WOW! NEW Beautiful Updates/Rehab(over 27K) & 100% Tenant Occupied($1850 Combined Rent w/Current Leases till 3/31/2027! Incredible "TurnKey" Memphis Corner Lot that Feels like a "Duplex"-Main Home 3Bedrm/1Bath) with Fabulous "Private" Guest Apt-Updated 1BR,1BA +Den & Kit! No Showings/Inspections till Agreed Contract in place. A lot of NEW here! Main Home: GRANITE Kit Countertops, Dbl-Stainless

    Agent Photo

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 673-3987

    1811 Wells Station Rd, Memphis, TN 38108
  • /2

    $155,610

    • 3 Beds
    • 1 Bath
    • 1,053 Sq Ft

    1664 Helsley Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $925 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 698-6266

    1664 Helsley Rd, Memphis, TN 38108
  • /22

    $189,900

    $39K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,558 Sq Ft

    3968 Wandering Way, Memphis, TN 38115

    Great 3 bedroom/2 bath home in a good neighborhood. Large, open den with lovely brick fireplace. Eat-in kitchen with lots of light, beautiful, glass tile backsplash, updated countertops, dishwasher, and stainless-steel refrigerator. There are 3 spacious bedrooms with plenty of closet storage, plus a large walk-in closet in the hallway. The backyard is very nice. It is fenced and includes a large

    Agent Photo

    Mary McCall

    Burch Realty Group

    (901) 673-8111

    3968 Wandering Way, Memphis, TN 38115
  • /2

    $113,050

    • 2 Beds
    • 1 Bath
    • 997 Sq Ft

    1009 Hudson St, Memphis, TN 38112

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 582-8931

    1009 Hudson St, Memphis, TN 38112
  • /31

    $155,000

    • 4 Beds
    • 1.5 Baths
    • 1,278 Sq Ft

    5052 Blacksmith Dr, Memphis, TN 38127

    New Tenant moving in Feb 1st! MHFA RENTAL AT $1550 per month!! 1% CASH FLOW- ONE YEAR BUILDER WARRANTY 4 BR 1.5 Bath home fully renovated in super-hot and growing rental market! New roof, exterior paint, new floors, bathrooms, and kitchen- LVP, tile and carpet- new condenser, furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. Home is currently vacant until tenant

    Agent Photo

    Alissa Anderson

    KAIZEN Realty, LLC

    (901) 621-8659

    5052 Blacksmith Dr, Memphis, TN 38127
  • /12

    $100,000

    • 4 Beds
    • 1.5 Baths
    • 1,138 Sq Ft

    1001 Canary Ln, Memphis, TN 38109

    Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

    Agent Photo

    Jason Miller

    eXp Realty, LLC

    (901) 909-4120

    1001 Canary Ln, Memphis, TN 38109
  • /2

    $158,270

    • 4 Beds
    • 2 Baths
    • 1,779 Sq Ft

    3045 Allison Ave, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $650 & $675 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 599-2608

    3045 Allison Ave, Memphis, TN 38112
  • /2

    $176,890

    • 2 Beds
    • 1 Bath
    • 1,315 Sq Ft

    3604 Coleman Ave, Memphis, TN 38122

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-3907

    3604 Coleman Ave, Memphis, TN 38122
  • /25

    $139,000

    • 2 Beds
    • 1.5 Baths
    • 1,088 Sq Ft

    5720 Quince Rd Unit 4, Memphis, TN 38119

    Step into this bright and inviting 2-bedroom, 1.5-bath condo in Yorkshire Gardens and feel right at home. Thoughtfully updated and tastefully decorated, this East Memphis home blends modern comfort with effortless living. You'll love the cozy stained concrete floors downstairs and engineered plank upstairs — completely carpet-free. Both bedrooms upstairs w/ refreshed bath new fixtures/vanity. The

    Agent Photo

    Todd Adams

    Keller Williams

    (901) 437-8412

    5720 Quince Rd Unit 4, Memphis, TN 38119

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