Memphis, TN Homes for Sale under $200,000

• 

  

  /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
• 

  

  

  /10

  $105,000

  • 2 Beds
  • 1 Bath
  • 1,080 Sq Ft

  761 Whitney Ave, Memphis, TN 38127

  

  Austin Hall

  Evernest Too, LLC

  (901) 675-6150

  761 Whitney Ave, Memphis, TN 38127
• 

  

  

  /8

  $105,000

  • 4 Beds
  • 1 Bath
  • 1,124 Sq Ft

  344 Dixie Rd, Memphis, TN 38109

  LARGE LOT WITH A STORAGE SHED, LARGE PATIO AND FOUR BEDROOMS. PRICED TO SELL. AC WILL BE INSTALLED AT CLOSING.

  

  Stephen Mansour

  KAIZEN Realty, LLC

  (901) 673-2612

  344 Dixie Rd, Memphis, TN 38109
• 

  

  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,191 Sq Ft

  5090 Belfast Dr, Memphis, TN 38127

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,000/month and is month-to-month. Section 8 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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-9103

  5090 Belfast Dr, Memphis, TN 38127
• 

  

  

  /20

  $165,000

  • 2 Beds
  • 1.5 Baths
  • 998 Sq Ft

  1205 Bristol Dr Unit 14, Memphis, TN 38119

  Charming Two-Bedroom condo in East Memphis- Low Maintenance Living with Southern Charm. Condo offers a perfect blend of convenience,comfort, and style. Ideal for those seeking a low-maintenance lifestyle without sacrificing space or charm, this home features a private patio yard,updated bathroom,and direct access to a brand new Saltwater Pool & Clubhouse. With parking conveniently located right

  

  Brad Vaughan

  JASCO Realty

  (901) 499-3340

  1205 Bristol Dr Unit 14, Memphis, TN 38119
• 

  

  /5

  $124,901

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  706 Northaven Dr, Memphis, TN 38127

  Investor Special!!! No showings until accepted offer. Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $1,150 with the lease ending in July. This charming 3-bedroom, 1-bathroom home was completely updated only a few years ago. With new tile in the kitchen and an updated bathroom, this property easily provides the ability to host and entertain.

  

  Dylan Johnson

  901, REALTORS

  (901) 627-1336

  706 Northaven Dr, Memphis, TN 38127
• 

  /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
• 

  

  /12

  $120,750

  • 3 Beds
  • 1 Bath
  • 992 Sq Ft

  3530 Wilshire Rd, Memphis, TN 38111

  3530 Wilshire Ave, Memphis, TN $120,750 Great turnkey investment opportunity in Memphis! This well-maintained property is currently tenant-occupied and renting for $1,150 per month, providing immediate cash flow from day one. The home features a functional layout with solid bones, making it an attractive addition to any rental portfolio. Located in an established neighborhood with convenient

  

  Austin Hall

  Evernest Too, LLC

  (901) 403-8494

  3530 Wilshire Rd, Memphis, TN 38111
• 

  /2

  $102,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  908 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 4/24/26

  

  Caleb Hall

  Keller Williams

  (901) 617-7626

  908 Restbrook Ave, Memphis, TN 38127
• 

  

  /3

  $145,000

  • Land

  8599 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) 675-7130

  8599 Geiberger Dr, Memphis, TN 38016
• 

  

  /12

  $130,000

  • 3 Beds
  • 1.5 Baths
  • 1,170 Sq Ft

  4713 Aldridge Dr, Memphis, TN 38109

  This beautiful 3 bed 1.5 bath home is perfect for a first time homeowner or a seasoned investor. New floors, fresh paint, and new light fixtures. Schedule your tour today.

  

  Keino Spring

  Harris & Harris Realty Group

  (901) 582-6178

  4713 Aldridge Dr, Memphis, TN 38109
• 

  

  /31

  $197,000

  • 2 Beds
  • 2 Baths
  • 1,213 Sq Ft

  620 Tennessee St Unit 102, Memphis, TN 38103

  Discover this charming ground-floor 2-bedroom, 2-bath condo, conveniently located near downtown Memphis. The unit boasts a spacious living area with hardwood floors, a cozy fireplace, and fresh paint throughout. It features high ceilings and has new carpet in the main bedroom for a move-in ready feel. The kitchen and bathrooms are appointed with tile flooring. The kitchen is fully equipped with

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 675-6566

  620 Tennessee St Unit 102, Memphis, TN 38103
• 

  

  /15

  $185,000 New Construction

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

  351 Edith Ave, Memphis, TN 38126

  Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 676-6721

  351 Edith Ave, Memphis, TN 38126
• 

  

  /23

  $185,000 New Construction

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

  355 Edith Ave, Memphis, TN 38126

  Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 582-6570

  355 Edith Ave, Memphis, TN 38126
• 

  

  /23

  $185,000 New Construction

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

  372 Edith Ave, Memphis, TN 38126

  Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 621-3508

  372 Edith Ave, Memphis, TN 38126
• 

  

  /16

  $179,000

  • Land
  • 2.95 Acres
  • $60,678 per Acre

  5259 Stage Rd, Memphis, TN 38134

  PRIME R-10 DEVELOPMENT OPPORTUNITY-2.96 Acres | 5259 Stage Road, Bartlett, TN 38134 $227,000 | 6-12 potential Home Sites. Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes) In a market where Bartlett median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices? Quick ROI scenario (10 homes): 10 homes × $350,000 =

  Jason Miller eXp Realty, LLC

  5259 Stage Rd, Memphis, TN 38134
• 

  

  /5

  $100,000

  • Land
  • 1.03 Acres
  • $97,087 per Acre

  987 S Weaver Rd, Memphis, TN 38109

  This lot is sold with 4 other lots for a total of 5+ acres 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

  Gabrielle Rowe eXp Realty, LLC

  987 S Weaver Rd, Memphis, TN 38109
• 

  

  /26

  $189,900

  • Land
  • 27.73 Acres
  • $6,848 per Acre

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109

  Memphis, TN, Shelby Co., 27 +/- acres, $189,900! Beautiful wooded acreage on Horne Lake Road! Preserved by a conservation easement! Perfect natural estate to build your dream home! Call or email Mike Newsome for details.

  Mike Newsome U S Land & Farms, LLC

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109
• 

  

  /16

  $198,500

  • 3 Beds
  • 1 Bath
  • 969 Sq Ft

  1570 Dearing Rd, Memphis, TN 38117

  Improved Price! Welcome home! This adorable ranch style home is ready for a new owner. Completely renovated top to bottom in 2018, this home stands out with beautiful hardwood floors throughout, renovated kitchen and bath with stone tops, 7 year old roof and hvac, 1 year old hot water, a 1 car carport, and a large fenced backyard with storage shed and newly poured patio. This home is perfect for

  Joshua Cooper Sowell, Realtors

  1570 Dearing Rd, Memphis, TN 38117
• 

  

  /11

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,550 Sq Ft

  5885 Ramsey Rd, Memphis, TN 38127

  Country Living! Beautiful 5+ acres in secluded area of Shelby Forest. Spacious 3 bedroom, 2 bath home sitting off the road. Large living room. Master with private bath. Double vanities, tub and shower. Separate laundry. Metal roof approx 4 yrs. Deck for watching wildlife, sunsets and enjoying the outdoors. Workshop and boat house plus extra storage. Call for additional information.

  Nancy Carroll Crye-Leike, Inc., REALTORS

  5885 Ramsey Rd, Memphis, TN 38127
• 

  

  /35

  $190,000

  • 2 Beds
  • 2 Baths
  • 913 Sq Ft

  10 N Main St Unit 10C, Memphis, TN 38103

  TOP FLOOR condo overlooking The River, Bridge, Court Square Park and Main Street. Views of the River and M Bridge from all rooms! Updated Kitchen and Baths. Primary Bath has Whirlpool Tub and 2nd Bedroom Bath has a large shower. This condo has tons of natural light. The rooftop deck has 2 levels and is just up one flight of stairs from this 10th floor unit, views in all directions, great M Bridge

  Chris Garland Crye-Leike, Inc., REALTORS

  10 N Main St Unit 10C, Memphis, TN 38103
• 

  

  /4

  $118,000

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

  2249 Stephanie Ave, Memphis, TN 38127

  Great investor property. Renovated with tenant. New Floors, New Paint, Updated Fixtures. Rent amount $1,346.00.

  Jeremy Moore C21 Patterson & Assoc. Real Es

  2249 Stephanie Ave, Memphis, TN 38127
• 

  

  /11

  $108,900

  • 2 Beds
  • 1 Bath
  • 894 Sq Ft

  3393 Carrington Rd, Memphis, TN 38111

  Investor friendly home! Fully remodeled with brand new roof, windows, bathroom, kitchen, and appliances. Currently occupied at $1,150/mo. Do not disturb tenant. Showing after accepted offer only. 1 year home warranty offered! Add this to your portfolio!

  Alden Dixon Grant & Co., REALTORS

  3393 Carrington Rd, Memphis, TN 38111
• 

  

  /14

  $115,000

  • 4 Beds
  • 2 Baths
  • 1,710 Sq Ft

  4431 Arnold Cove, Memphis, TN 38118

  Good cash flowing duplex gross rents $1385.00. Unit 4433 was remodeled early 2025, tenant pays $750- Unit 4431 has a good tenant of 25 years paying $635 . A great value add property with room to grow cash flow and expand your portfolio. No wholesalers or owner financed offers. Do not disturb tenants- inspections on accepted offers only.

  Brett Bernard The Stamps Real Estate Company

  4431 Arnold Cove, Memphis, TN 38118
• 

  

  /28

  $159,750

  • 3 Beds
  • 2.5 Baths
  • 1,750 Sq Ft

  3404 Wetherburns Cir Unit 1, Memphis, TN 38134

  Welcome to a wonderful opportunity within the Bartlett City Schools boundaries! This property has been extensively remodeled since last occupied and is ready to become your dream home or rental investment property. Enjoy the many all-new upgrades including cabinets, granite counters, appliances, flooring, and durable, energy-efficient dual-paned vinyl windows. Modern light fixtures, fans,

  Michael Bialowitz River City Land Co., LLC

  3404 Wetherburns Cir Unit 1, Memphis, TN 38134
• 

  

  /14

  $175,000 New Construction

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

  3703 Parfet Cove, Memphis, TN 38128

  MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. No Wholesalers or owner financed offers.

  Brett Bernard The Stamps Real Estate Company

  3703 Parfet Cove, Memphis, TN 38128
• 

  /2

  $115,000

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

  404 Stoneham Rd, Memphis, TN 38109

  Welcome to 404 Stoneham. This 3 bed 1 bath home features a tile floor in the bathroom and LVP flooring in the kitchen. Lighting fixtures, lighting packages, new hardware on kitchen, new vent hood, cabinets cozy and spacious living room, large front and backyard, and many more features! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased

  James Wachob Foundation Property Management

  404 Stoneham Rd, Memphis, TN 38109
• 

  

  /10

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,229 Sq Ft

  3693 Windermere Rd, Memphis, TN 38128

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $975 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2019 and a new furnace and central A/C were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No

  Mark Hart Reedy & Company, REALTORS

  3693 Windermere Rd, Memphis, TN 38128
• 

  

  /3

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,347 Sq Ft

  620 Williams Ave, Memphis, TN 38126

  Veronique Horton Keller Williams

  620 Williams Ave, Memphis, TN 38126
• 

  

  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2410 W Hollyford Rd, Memphis, TN 38114

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $950/month through

  James Wachob Foundation Property Management

  2410 W Hollyford Rd, Memphis, TN 38114
• 

  

  /11

  $115,000

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

  990 N Avalon St, Memphis, TN 38107

  Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

  Michael Bryan Bryan Realty Group

  990 N Avalon St, Memphis, TN 38107
• 

  

  /31

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,170 Sq Ft

  3669 Trudy Cove, Memphis, TN 38128

  This charming single-level home blends fresh updates with classic simplicity, offering a welcoming layout ideal for comfortable living. Inside, the home features a spacious living area with wood-style flooring and a subtle step-up accent that leads into a bright dining space. The kitchen is equipped with white cabinetry, ample counter space, and black appliances. Multiple bedrooms are spread

  Alexis Martz Trelora Realty

  3669 Trudy Cove, Memphis, TN 38128
• 

  

  /32

  $180,000

  • 2 Beds
  • 1 Bath
  • 1,360 Sq Ft

  1576 Tutwiler Ave, Memphis, TN 38107

  Charming Midtown bungalow in the Vollintine-Evergreen Historic District! This 2BR gem features hardwood floors, spacious rooms, and a cozy butler’s pantry or office with original wood paneling & built-ins. Enjoy central heat with newer window units for cooling, a separate laundry room, and a large fenced backyard perfect for pets or entertaining. Updated kitchen appliances and ample storage

  Aubrey Tilson Crye-Leike, Inc., REALTORS

  1576 Tutwiler Ave, Memphis, TN 38107
• 

  

  /20

  $125,000

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

  423 Laclede Ave, Memphis, TN 38126

  Great Investment Opportunity! This 4 bedroom, 2 bathroom home offers solid potential for a rental portfolio or a profitable flip. Featuring a functional layout with a comfortable living area and well-sized bedrooms. This property is ready for your personal touches. Whether you’re looking to renovate or hold as a long-term rental, the possibilities are endless. Conveniently located near local

  Jeff Goff Keller Williams

  423 Laclede Ave, Memphis, TN 38126
• 

  

  /6

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1318 Breedlove St, Memphis, TN 38107

  Sold with Land Parcels 040004 00001 an 040007 00007 Contact the Listing agent to view.

  Jackie Braden Braden, Braden & Braden LLC

  1318 Breedlove St, Memphis, TN 38107
• 

  

  /31

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  1519 S White Station Rd, Memphis, TN 38117

  Fresh 3/2 in the heart of Colonial Acres. The tenants have vacated giving you a great blank canvas to make your own. Inside, you’ll find a smooth, functional layout with 2022 flooring throughout and an updated kitchen from 2022 with good storage and easy flow to the dining and living spaces. The natural light throughout makes the home feel open and comfortable. The lot is level with mature trees

  Amanda Lott BHHS McLemore & Co., Realty

  1519 S White Station Rd, Memphis, TN 38117
• 

  

  /22

  $152,000

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

  4757 Bluff Wood Cove, Memphis, TN 38128

  Step into style and comfort with this gorgeous 3 bedroom, 2 bath home in the up and coming Raleigh area! Built in 2022, this modern gem is completely turn-key and ready for your arrival. The open-concept creates the perfect backdrop for entertaining, while the large backyard is ready for pets and play. Don't miss your chance to own a like-new home!!!

  Randell Richmond eXp Realty, LLC

  4757 Bluff Wood Cove, Memphis, TN 38128
• 

  

  /12

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,590 Sq Ft

  3107 Yale Ave, Memphis, TN 38112

  Exceptional Investment Opportunity in 38112! Just 3 minutes from the newly developed Tillman Cove Apartments and Lester Community Center, this updated duplex is ideally situated in the heart of the Binghampton Redevelopment District. Each unit features 2 bedrooms and 1 bathroom, with fresh paint and brand-new flooring throughout. Both units are currently marketed for rent at $850 per month. A new

  Raven Henderson KAIZEN Realty, LLC

  3107 Yale Ave, Memphis, TN 38112
• 

  

  /15

  $129,900

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

  2011 Lauretta Ave, Memphis, TN 38127

  Turnkey Investment with Instant Cash Flow! Fully renovated and leased with a seasoned tenant in place, this property is professionally managed by a trusted local investment firm. Inside, you’ll find bright, spacious living with hard-surface flooring, an upgraded kitchen, and modernized bathrooms. Professional property management in place. The property is currently leased at $1,195/month through

  James Wachob Foundation Property Management

  2011 Lauretta Ave, Memphis, TN 38127
• 

  

  /18

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,300 Sq Ft

  3484 Vernon Ave, Memphis, TN 38122

  Nice Duplex available. Great Investment earning property with 2 bedrooms/1 bath on the Left side and a 1 bedroom/1 bath on the Right side. New windows have been installed in 2 bedroom and 1 bedroom will have new windows soon. *No "subject to" or owner finance offers.

  Jeff Goff Keller Williams

  3484 Vernon Ave, Memphis, TN 38122

Showing Results 81 - 120, Page 3 of 18