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Memphis, TN Homes for Sale under $200,000

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  • /2

    $150,290

    • 3 Beds
    • 1.5 Baths
    • 1,160 Sq Ft

    705 Stratford Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $850 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-5301

    705 Stratford Rd, Memphis, TN 38122
  • /31

    $110,000

    • 2 Beds
    • 1 Bath
    • 1,203 Sq Ft

    929 N Mcneil St, Memphis, TN 38107

    Beautiful 2BR/1BA home offers a great investment opportunity in the Vollintine-Evergreen area. Featuring approx. 1,203 sq. ft. of living space, this property includes a separate living room, central heating and cooling.The large backyard provides great space for relaxing, gardening, pets, or future projects. Conveniently located near Rhodes College, Crosstown Concourse, Overton Park, and popular

    Agent Photo

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 657-2311

    929 N Mcneil St, Memphis, TN 38107
  • /2

    $125,020

    • 2 Beds
    • 1 Bath
    • 983 Sq Ft

    1231 Victor Dr, Memphis, TN 38122

    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) 665-3784

    1231 Victor Dr, Memphis, TN 38122
  • /2

    $114,380

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    452 Lipford St, Memphis, TN 38112

    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) 472-7059

    452 Lipford St, Memphis, TN 38112
  • /2

    $127,000

    • 4 Beds
    • 1 Bath
    • 1,600+ Sq Ft

    951 Joel 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 $800/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7556

    951 Joel Ave, Memphis, TN 38127
  • /2

    $148,960

    • 2 Beds
    • 1 Bath
    • 791 Sq Ft

    886 N Bingham St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,050 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 582-6433

    886 N Bingham St, Memphis, TN 38108
  • /2

    $101,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    991 Joel 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 $700/mo. Professionally managed. Lease expires on 9/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 460-9062

    991 Joel Ave, Memphis, TN 38127
  • /2

    $136,990

    • 3 Beds
    • 1 Bath
    • 1,004 Sq Ft

    1711 Ronda St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $825 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-6369

    1711 Ronda St, Memphis, TN 38108
  • /2

    $118,370

    • 2 Beds
    • 1 Bath
    • 902 Sq Ft

    1946 Tant Rd, Memphis, TN 38128

    Renovated rental property with an active lease in place. Currently leased at $$750 with a lease expiration of 11/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 459-2217

    1946 Tant Rd, Memphis, TN 38128
  • /2

    $168,910

    • 2 Beds
    • 1 Bath
    • 1,033 Sq Ft

    3594 S Lloyd Cir, Memphis, TN 38108

    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) 675-6307

    3594 S Lloyd Cir, Memphis, TN 38108
  • /2

    $106,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    894 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 $750/mo. Professionally managed. Lease expires on 8/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-9748

    894 Par Ave, Memphis, TN 38127
  • /2

    $179,550

    • 4 Beds
    • 1 Bath
    • 1,160 Sq Ft

    4299 Knight Arnold Rd, Memphis, TN 38118

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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-4013

    4299 Knight Arnold Rd, Memphis, TN 38118
  • /5

    $109,900

    • 4 Beds
    • 2 Baths
    • 1,350 Sq Ft

    181 Hayden Place, Memphis, TN 38111

    Great investment opportunity with strong upside potential. This partially renovated duplex features modern updates throughout, with most much work already completed. Both units offer refreshed kitchens and bathrooms, updated interiors that provide a strong foundation for finishing the project. With just a few final touches needed, this property is ideal for investors looking for rental income or

    Agent Photo

    Rasheedah Jones

    Dreamteam Realty Co

    (901) 563-3123

    181 Hayden Place, Memphis, TN 38111
  • /2

    $155,610

    • 2 Beds
    • 1 Bath
    • 1,344 Sq Ft

    3418 Bowen Ave, Memphis, TN 38122

    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) 698-5091

    3418 Bowen Ave, Memphis, TN 38122
  • /2

    $184,870

    • 3 Beds
    • 2 Baths
    • 1,862 Sq Ft

    1163 Gordon St, 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) 668-5314

    1163 Gordon St, Memphis, TN 38122
  • /2

    $112,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 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 $700/mo. Professionally managed. Lease expires on 5/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 808-8026

    908 Par Ave, Memphis, TN 38127
  • /2

    $156,940

    • 2 Beds
    • 1 Bath
    • 1,038 Sq Ft

    1005 N Highland St, 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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 667-6611

    1005 N Highland St, Memphis, TN 38122
  • /2

    $107,000

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

    835 Restbrook 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 $725/mo. Professionally managed. Lease expires on 1/31/26.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-7699

    835 Restbrook Ave, Memphis, TN 38127
  • /10

    $119,000

    • 4 Beds
    • 2 Baths
    • 1,100 Sq Ft

    1448 Menager Rd, Memphis, TN 38106

    This home has been renovated and has lots of space. Directly behind Hamilton High School. This property is great for a family or investor.

    Agent Photo

    Leaser Coleman

    Empire Realty, LLC

    (901) 883-7341

    1448 Menager Rd, Memphis, TN 38106
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 842 Sq Ft

    4464 Range Line Rd, 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

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 675-6625

    4464 Range Line Rd, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 852 Sq Ft

    4511 Range Line Rd, 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

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 582-8643

    4511 Range Line Rd, Memphis, TN 38127
  • /2

    $119,700

    • 3 Beds
    • 1 Bath
    • 1,511 Sq Ft

    702 Atlantic St, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $795 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 450-3755

    702 Atlantic St, Memphis, TN 38112
  • /2

    $145,000

    • 4 Beds
    • 2 Baths
    • 1,620 Sq Ft

    4401 Guildhall Dr, Memphis, TN 38128

    TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,465/month & the lease expires 6/30/2026. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 621-4169

    4401 Guildhall Dr, Memphis, TN 38128
  • /2

    $104,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    918 Joel 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 $725/mo. Professionally managed. Lease expires on 1/30/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-7520

    918 Joel Ave, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 853 Sq Ft

    2575 Dakar 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

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 445-9050

    2575 Dakar Ave, Memphis, TN 38127
  • /2

    $175,560

    • 3 Beds
    • 1 Bath
    • 1,219 Sq Ft

    1493 Luverne 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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-2025

    1493 Luverne St, Memphis, TN 38108
  • /2

    $142,310

    • 1 Bed
    • 1,155 Sq Ft

    1057 N Holmes St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $900 with a lease expiration of 11/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-2307

    1057 N Holmes St, Memphis, TN 38122
  • /2

    $146,300

    • 2 Beds
    • 1 Bath
    • 1,028 Sq Ft

    3592 Kendrick Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $600 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 479-0698

    3592 Kendrick Rd, Memphis, TN 38108
  • /2

    $176,890

    • 3 Beds
    • 1 Bath
    • 1,360 Sq Ft

    4287 Elaine Ave, Memphis, TN 38122

    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) 979-9353

    4287 Elaine Ave, Memphis, TN 38122
  • /2

    $180,880

    • 3 Beds
    • 2 Baths
    • 1,758 Sq Ft

    4154 Arrowhead Rd, Memphis, TN 38118

    Renovated rental property with an active lease in place. Currently leased at $835 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 589-5118

    4154 Arrowhead Rd, Memphis, TN 38118
  • /2

    $139,999

    • 8 Beds
    • 4 Baths
    • 2,784 Sq Ft

    1240 Ethel St, Memphis, TN 38114

    Great investment opportunity! Each unit offers 4 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. This unit can be sold individually or sold with 1218 Ethel.

    Agent Photo

    Rasheedah Jones

    Dreamteam Realty Co

    (901) 459-5471

    1240 Ethel St, Memphis, TN 38114
  • /2

    $147,630

    • 2 Beds
    • 1 Bath
    • 916 Sq Ft

    3561 Orchi Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 03/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-9047

    3561 Orchi Rd, Memphis, TN 38108
  • /2

    $170,240

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

    1905 Sierra St, Memphis, TN 38128

    Renovated rental property with an active lease in place. Currently leased at $1,195 with a lease expiration of 11/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 599-2981

    1905 Sierra St, Memphis, TN 38128
  • /2

    $164,920

    • 3 Beds
    • 1 Bath
    • 1,316 Sq Ft

    3299 Bowen Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 06/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 460-3154

    3299 Bowen Ave, Memphis, TN 38122
  • /2

    $148,960

    • 3 Beds
    • 1 Bath
    • 974 Sq Ft

    3954 Berkshire Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $725 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-6097

    3954 Berkshire Ave, Memphis, TN 38108
  • /2

    $174,230

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

    4942 Byron Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,225 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-1966

    4942 Byron Rd, Memphis, TN 38122
  • /2

    $176,890

    • 3 Beds
    • 1 Bath
    • 1,412 Sq Ft

    3070 Guernsey Ave, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $1,275 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) 979-0464

    3070 Guernsey Ave, Memphis, TN 38112
  • /10

    $170,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft

    655 S Riverside Dr Unit 1008A, Memphis, TN 38103

    Premier Gated Community in Downtown Memphis! This united is located on the 10th floor in the highly sought after River Towers! This gated building has 24 hour security guard, pool, tennis court, outdoor grilling area, workout room, gated pet area, catering kitchen boardroom and ample common spaces for entertaining! The monthly maintenance fee include all utilities!! Great Place to relax and watch

    Agent Photo

    Michael Ford

    Coldwell Banker Heritage Homes

    (901) 673-2349

    655 S Riverside Dr Unit 1008A, Memphis, TN 38103
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 853 Sq Ft

    4537 Suncrest 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

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 668-8883

    4537 Suncrest Dr, Memphis, TN 38127
  • /2

    $146,000

    • 3 Beds
    • 2 Baths
    • 1,451 Sq Ft

    4117 Grey Rd, Memphis, TN 38108

    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) 669-4577

    4117 Grey Rd, Memphis, TN 38108

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