Memphis, TN Homes for Sale under $200,000

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  /2

  $151,620

  • 3 Beds
  • 2 Baths
  • 1,516 Sq Ft

  1669 Villa 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) 698-6819

  1669 Villa Rd, Memphis, TN 38108
• 

  

  

  /11

  $105,900

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,293 Sq Ft

  599 Huron Ave, Memphis, TN 38107

  Do Not Disturb. This property is occupied. Perfect for an investor!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 673-2874

  599 Huron Ave, Memphis, TN 38107
• 

  

  /2

  $172,900

  • 3 Beds
  • 2 Baths
  • 1,419 Sq Ft

  4082 Rhodes Ave, Memphis, TN 38111

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

  

  Caleb Hall

  Keller Williams

  (901) 499-4592

  4082 Rhodes Ave, Memphis, TN 38111
• 

  

  

  /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
• 

  

  /2

  $174,230

  • 3 Beds
  • 1 Bath
  • 1,226 Sq Ft

  1006 Gordon St, 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.

  

  Caleb Hall

  Keller Williams

  (901) 660-4474

  1006 Gordon St, Memphis, TN 38122
• 

  /2

  $152,000

  $14K PRICE INCREASE

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  1164 National St, Memphis, TN 38122

  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) 883-5672

  1164 National St, Memphis, TN 38122
• 

  

  /14

  $150,000

  $25K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,361 Sq Ft

  6738 Ross Ridge Dr, Memphis, TN 38141

  Charming 2 bedroom, 2 full bath, 1.5-story home that offers comfort, character, and convenience. It would make a perfect First Time Home, Great Rental Property, or a perfect fit for someone looking to downsize. Schedule your showing today!

  

  Tony Jackson

  Weichert REALTOR-SPM

  (901) 673-5829

  6738 Ross Ridge Dr, Memphis, TN 38141
• 

  /2

  $140,980

  • 2 Beds
  • 1 Bath
  • 1,227 Sq Ft

  1150 Biltmore St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $950 with a lease expiration of 03/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 445-8043

  1150 Biltmore St, Memphis, TN 38122
• 

  /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
• 

  /2

  $140,000

  • Land
  • 6,098 Sq Ft
  • $1,000,000 per Acre

  5045 Henry Heights Dr, Memphis, TN 38117

  Build your dream home on Lot 8 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 0.14 acre, 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 different? Bring your own

  

  Julie Upchurch

  McWaters & Associates

  (901) 657-4352

  5045 Henry Heights Dr, Memphis, TN 38117
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  /2

  $113,000

  $10K PRICE DROP

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

  854 Carrolton Ave, 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. Vacant as of 1/31/26.

  

  Caleb Hall

  Keller Williams

  (901) 673-2982

  854 Carrolton Ave, Memphis, TN 38127
• 

  /2

  $176,890

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

  3079 Henry Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $1200 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 704-0508

  3079 Henry Ave, Memphis, TN 38112
• 

  

  /14

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,489 Sq Ft

  516 Jeanne Dr, Memphis, TN 38109

  Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  (901) 617-7346

  516 Jeanne Dr, Memphis, TN 38109
• 

  /2

  $169,000

  $19K PRICE INCREASE

  • 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.

  

  Caleb Hall

  Keller Williams

  (901) 883-5301

  705 Stratford Rd, Memphis, TN 38122
• 

  

  /31

  $100,000

  $10K PRICE DROP

  • 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

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  (901) 657-2311

  929 N Mcneil St, Memphis, TN 38107
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  /26

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,056 Sq Ft

  4193 Riche Rd, Memphis, TN 38128

  This inviting 3-bedroom, 1.5-bathroom residence offers comfortable living in a quiet, low-traffic neighborhood. Beautiful hardwood floors flow throughout the home, complementing the spacious living room, formal dining room, and eat-in kitchen. The kitchen and full bathroom have been refreshed with new LVT flooring, cabinets, and countertops for a modern, low-maintenance feel. Enjoy a newer roof

  

  Daniel Johnson

  SimpliHOM

  (901) 668-8460

  4193 Riche Rd, Memphis, TN 38128
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  /6

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,001 Sq Ft

  4154 Hobson Rd, Memphis, TN 38128

  Don't miss this FULLY RENOVATED Starter home. Offers 3 BR - 1 BTH, open LR/DR, combination. NEW EVERTHING from TOP to BOTTOM. CALL TODAY!!

  

  Gerald Williams

  KAIZEN Realty, LLC

  (901) 716-9436

  4154 Hobson Rd, Memphis, TN 38128
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  /2

  $169,000

  $63K PRICE INCREASE

  • 3 Beds
  • 2 Baths
  • 1,260 Sq Ft

  873 Biggs St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1000 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 403-7656

  873 Biggs St, Memphis, TN 38108
• 

  /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.

  

  Caleb Hall

  Keller Williams

  (901) 665-3784

  1231 Victor Dr, Memphis, TN 38122
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  /6

  $128,000

  • 3 Beds
  • 2.5 Baths
  • 1,485 Sq Ft

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134

  Perfect opportunity for a savvy buyer! Wonderfully located condo offered at a great price. This 3-bedroom, 2.5-bath home features a spacious and functional layout, including a breakfast bar, two separate den/living areas, and a cozy fireplace in the main living room. Enjoy outdoor living with a private, fenced patio, plus the convenience of covered parking for two vehicles. Additional highlights

  

  Kyle Couvion

  Reid, REALTORS

  (901) 295-3974

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134
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  /15

  $149,977

  $98K PRICE DROP

  • Land
  • 2.96 Acres
  • $50,668 per Acre

  5259 Stage Rd, Memphis, TN 38134

  PRIME R-10 DEVELOPMENT OPPORTUNITY2.96 Acres | 5259 Stage Road$149,977 | 6-12 Home SitesTHE NUMBERS SPEAK FOR THEMSELVESLand 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

  

  Jason Miller

  eXp Realty

  (901) 621-8540

  5259 Stage Rd, Memphis, TN 38134
• 

  /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.

  

  Caleb Hall

  Keller Williams

  (901) 472-7059

  452 Lipford St, Memphis, TN 38112
• 

  /2

  $110,000

  $17K PRICE DROP

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

  951 Joel Ave, 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 4/2/27

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 582-6433

  886 N Bingham St, Memphis, TN 38108
• 

  /2

  $147,000

  $10K PRICE INCREASE

  • 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.

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 459-2217

  1946 Tant Rd, Memphis, TN 38128
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  /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.

  

  Caleb Hall

  Keller Williams

  (901) 675-6307

  3594 S Lloyd Cir, Memphis, TN 38108
• 

  /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.

  

  Caleb Hall

  Keller Williams

  (901) 657-4013

  4299 Knight Arnold Rd, Memphis, TN 38118
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  /2

  $150,290

  • 2 Beds
  • 2 Baths
  • 1,295 Sq Ft

  3275 Macon Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 780-7208

  3275 Macon Rd, Memphis, TN 38122
• 

  

  /37

  $149,900

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft

  109 N Main St Unit 612, Memphis, TN 38103

  Unlike many units in the building, this thoughtfully updated condo features an open kitchen that creates a brighter, more spacious feel. Welcome to the iconic Claridge House, once known as “The Grand Dame” of downtown Memphis and a historic gathering place for notable guests, including Elvis Presley. Unit 612 offers comfortable city living with an open layout connecting living, dining, and

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  (901) 673-3378

  109 N Main St Unit 612, Memphis, TN 38103
• 

  /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.

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 668-5314

  1163 Gordon St, Memphis, TN 38122
• 

  /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.

  

  Caleb Hall

  Keller Williams

  (901) 667-6611

  1005 N Highland St, Memphis, TN 38122
• 

  /2

  $149,000

  $29K PRICE INCREASE

  • 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.

  

  Caleb Hall

  Keller Williams

  (901) 450-3755

  702 Atlantic St, Memphis, TN 38112
• 

  /2

  $140,000

  $10K PRICE DROP

  • 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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 621-4169

  4401 Guildhall Dr, Memphis, TN 38128
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  /28

  $129,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,188 Sq Ft

  1105 Azalia St, Memphis, TN 38106

  Located in the heart of Memphis, just minutes from the iconic Stax Museum of American Soul Music, this beautifully updated home puts you within walking distance to culture, entertainment, and everything the vibrant downtown area has to offer. This home is truly move-in ready and “like new” throughout! Featuring a brand-new roof, new windows, and luxury vinyl plank flooring across the entire home.

  

  Valencia Gathwright

  Keller Williams

  (901) 719-1808

  1105 Azalia St, Memphis, TN 38106
• 

  

  /10

  $160,000

  • 2 Beds
  • 1 Bath
  • 1,346 Sq Ft

  1150 Tanglewood St, Memphis, TN 38114

  Vibrant Midtown Memphis! This renovated historic home is ideally situated just half a mile from Cooper-Young. Featuring 2 bedrooms and 1 bath, the home greets you with a spacious front porch perfect for relaxing. Inside, an open-concept kitchen with quartz countertops and high-end finishes throughout. A convenient laundry/mudroom combination, fully fenced backyard—ideal for entertaining or

  

  Jo Mathes

  Pinnacle Realty

  (901) 621-7978

  1150 Tanglewood St, Memphis, TN 38114
• 

  /2

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,125 Sq Ft

  1479 Oriole St, Memphis, TN 38108

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,275/month total gross monthly rent. Unit 1 (1477) is rented for $750/month. Section 8 tenant. Unit 2 (1479) is rented for $525/month. Cash tenant. Copy of leases available upon request. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with

  

  Jordan Ray

  eXp Realty, LLC

  (901) 668-3516

  1479 Oriole St, Memphis, TN 38108
• 

  /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.

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 660-2307

  1057 N Holmes St, Memphis, TN 38122

Showing Results 81 - 120, Page 3 of 18