Memphis, TN Homes under $200,000

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  /8

  $112,900

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

  4989 Neely Rd, Memphis, TN 38109

  Investment Opportunity to add to your portfolio. Tenant occupied on two-year lease at $985 this year and $1035 next year. Home was updated recently with new LVP in common areas, carpet in bedrooms, updated kitchen with new cabinets and counter tops and updated bathroom! New paint and lighting! Need a Quick Sell? We are always looking for homes to buy. Will take them "as is" without

  Andrew Akins CB Properties of Memphis, LLC

  4989 Neely Rd, Memphis, TN 38109
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  /17

  $134,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2427 Vandale Ave, Memphis, TN 38108

  Fully renovated 3 BR/1BA home in Memphis! Features include quartz countertops in the kitchen, a luxury spa-like bathroom, and a new flooring throughout- no carpet, brand new windows. Enjoy peace of mind with a brand new roof and HVAC system. The backyard is fully enclosed with a new wood privacy fence and a gated iron fence for private parking. Move-in ready and perfect for modern living. Don't

  Flor Bernal Crye-Leike, Inc., REALTORS

  2427 Vandale Ave, Memphis, TN 38108
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  /2

  $125,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118

  Looking for a tenant occupied property that has been rehabbed? This one is it! The current lease is until January 2026. This townhouse has new bathtubs in both bathrooms and new tile, vanities, and toilets, new interior doors, paint, new carpet, new laminate flooring downstairs, new light fixtures, new cabinets in the kitchen, and vent a hood. The exterior has had rotten wood replaced, new

  Jill White Fast Track Realty, LLC

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118
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  /29

  $105,000

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

  1960 N Parkway Unit 601, Memphis, TN 38112

  Priced to Sell! Midtown Condo Across from the Memphis Zoo & Next to Rhodes College – HOA Paid for 1 Year! Welcome to effortless living in the heart of Midtown! This spacious 2-bedroom, 2-bathroom condo sits on the 6th floor of a secure, elevator-serviced building directly across from the Memphis Zoo and Overton Park—and right next door to Rhodes College. Whether you're a student, parent, or

  Brandon Archibald Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 601, Memphis, TN 38112
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  /25

  $185,000

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

  4009 Hemingway Ave, Memphis, TN 38128

  This beautifully renovated home features 3 bedrooms, 1 bathroom, and a one car garage. All-new upgrades include: roof, ductwork, paint, electrical panel and wiring, plumbing lines, quartz countertops, light fixtures, stainless steel appliances, cabinets, recessed lighting, restored original hardwood floors throughout and much more! The home also features a beautifully customized covered front

  Crystal Vazquez Pinnacle Realty

  4009 Hemingway Ave, Memphis, TN 38128
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  /3

  $170,000

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

  3193 Winslow Rd, Memphis, TN 38109

  New construction in Memphis! This 4-bedroom, 2-bathroom home features 1,343 sq ft of heated living space with a modern open layout, quality finishes, and energy-efficient design. A great opportunity for investors in a growing neighborhood.

  Jonathan Minerick homecoin.com

  3193 Winslow Rd, Memphis, TN 38109
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  /15

  $159,000

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

  3580 Marion Ave, Memphis, TN 38111

  Potential gem near the University of Memphis! This house needs a light rehab and would be a beauty. House could be an easy fixer upper with an Arv of $240k. House is already in livable condition. Hardwood Floors Nice Tile Kitchen Floors On Site Storage Covered Parking Space

  Jabari Bailey The Bailey Company Realty, Inc

  3580 Marion Ave, Memphis, TN 38111
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  /30

  $114,999

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4566 Range Line Rd, Memphis, TN 38127

  RENTED AT $1050, Section 8 guaranteed rent! Turn Key Investment Property. Owner is offering a 1 year builder warranty that covers everything! Everything has been touched in this home. New plumbing, electrical, roof, everything! Seller has multiple houses coming to market with the same terms in 38127. NO SELLER FINANCING. No lowball offers. Seller Motivated

  Alissa Anderson LPT Realty, LLC

  4566 Range Line Rd, Memphis, TN 38127
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  /6

  $165,000

  • 4 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  5395 Haleville Rd, Memphis, TN 38116

  Beautiful home recently renovated in Whitehaven! The home has beautiful hardwood and laminate flooring. The bathrooms have been renovated with a new and beautiful tile that truly pops out at the eye. The house is beautifully landscaped with a nice sized yard.

  Jabari Bailey The Bailey Company Realty, Inc

  5395 Haleville Rd, Memphis, TN 38116
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  /3

  $150,000

  • Land

  8607 Geiberger Dr, Memphis, TN 38016

  Beautiful new gated community on the famous picturesque Colonial Country Club golf course. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of rolling fairways and impeccably maintained greens right outside your back door. Nestled in one of the most coveted golf course locations, this lot provides a tranquil

  Anna Thomas Keller Williams

  8607 Geiberger Dr, Memphis, TN 38016
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  /3

  $145,000

  • Land

  8599 Geiberger Dr, Memphis, TN 38016

  Beautiful new gated community on the famous picturesque Colonial Country Club golf course. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of rolling fairways and impeccably maintained greens right outside your back door. Nestled in one of the most coveted golf course locations, this lot provides a tranquil

  Anna Thomas Keller Williams

  8599 Geiberger Dr, Memphis, TN 38016
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  /12

  $177,900

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

  7255 German Creek Park, Memphis, TN 38125

  Contract failed back on market. Are you looking for your first home with low maintenance, well this is the one. Why rent when you can own! this cute unit has been renovated, with new roof and updated interior, with great closet space. 1 primary bedroom down Home is ready and waiting for the new owner. Please contact agent today for your private showing.

  Beverly Hyter KAIZEN Realty, LLC

  7255 German Creek Park, Memphis, TN 38125
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  /10

  $170,000

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

  1844 Eagle Shore Dr, Cordova, TN 38016

  Investor Opportunity! Current lease expires 3/26 at $1,360 a month. Call ahead before scheduling a showing!

  Austin Hall Evernest Too, LLC

  1844 Eagle Shore Dr, Cordova, TN 38016
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  /15

  $175,000

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

  4991 Shifri Ave, Memphis, TN 38117

  Opportunity knocks in one of the area’s most desirable neighborhoods in east Memphis! This charming home offers great bones and endless potential for the right buyer. Featuring a spacious layout and situated on a quiet, tree-lined street, it’s the perfect canvas for a custom renovation. With a little TLC, this property could truly shine. Whether you’re an investor or a homeowner with vision,

  Jabari Bailey The Bailey Company Realty, Inc

  4991 Shifri Ave, Memphis, TN 38117
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  /19

  $180,000

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

  3860 Capricorn Cove, Memphis, TN 38128

  Relax on the Front Porch that stretches across the front of this Lovely renovated 3 Bedroom 2 Bath home! Very open floor plan has a super spacious Great Room. Move-In ready with Gleaming hardwood Floors, Renovated bathrooms, and Fresh Paint. Everything has been done, all you have to do is move in. Or it would make a super investment property. Located on a level, corner lot. Very easy to care

  Pat Goldstein Crye-Leike, Inc., REALTORS

  3860 Capricorn Cove, Memphis, TN 38128
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  /34

  $199,000

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

  1524 Hopewell Rd, Memphis, TN 38117

  This inviting 3BR, 2 bath home is located on a quiet street. This property features two spacious living areas, perfect for entertaining or relaxing w/family. Enjoy the convenience of a large laundry/sunroom/utility room that adds functionality to your daily routine. Step outside to the expansive patio, ideal for outdoor gatherings, or unwind on the front porch. The original hardwood floors have

  Stacey Berry Keller Williams

  1524 Hopewell Rd, Memphis, TN 38117
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  /8

  $117,900

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

  4221 Argonne St, Memphis, TN 38127

  Investor special! This three-bedroom, two-bathroom home sits in a quiet Frayser neighborhood on a spacious corner lot and is currently tenant-occupied and cash-flowing—making it the perfect addition to any rental portfolio. Rented at $1,250 per month. Offered as part of a package deal at a discounted price point with another property - MLS#10198509 (1393 Greendale Ave)—making it a prime

  Oksana Piven BEST Real Estate Company

  4221 Argonne St, Memphis, TN 38127
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  /19

  $189,900

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

  3827 Graceland Dr, Memphis, TN 38116

  Wonderful 4 bedroom 2 bathroom home in beautiful Graceland subdivision that is in MOVE-IN CONDITION! Home has refinished hardwood floors, new interior/exterior paint, new kitchen appliances (dishwasher and vent hood), 2 car covered parking, large backyard with small courtyard plus detached garage & storage shed. Great layout that includes a rear den area that has new carpet that could also be an

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3827 Graceland Dr, Memphis, TN 38116
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  /12

  $125,000

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

  179 Appleton Ave, Memphis, TN 38109

  Charming 3 bedroom, 1 bath affordable starter home. Perfect for investors or buyers looking to customize and add value. Property is being sold AS IS. Don't miss this great opportunity! Call your REALTOR TODAY!!!

  Lisa Davis Rezults Realty LLC

  179 Appleton Ave, Memphis, TN 38109
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  /7

  $189,000

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

  3811 Lucerne Dr, Memphis, TN 38115

  HOME FEATURES BRAND NEW ROOF, NEW HVAC SYSTEM AND NEW SIDING, THIS IS A 3 BED 2 BATH HOME, Great Room with Fireplace, separate Dining Room, Eat in Kitchen, 2- Car Garage. Home is close to interstate and great restaurants. HOME IS BEING SOLD AS-IS, BRING ALL OFFERS.

  Juanita Mosby BEST Real Estate Company

  3811 Lucerne Dr, Memphis, TN 38115
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  /7

  $174,900

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

  1772 Euclid Ave, Memphis, TN 38114

  Discover this beautifully renovated home, just a 13-minute drive to the scenic Mississippi River. This charming 3-bedroom, 1-bathroom residence offers 1,122 square feet of thoughtfully updated living space. Step inside to find brand-new flooring and fresh paint throughout, creating a modern and inviting atmosphere. The kitchen features new countertops, while the bathroom has been refreshed for

  Kevin Gioia Beycome Brokerage Realty LLC

  1772 Euclid Ave, Memphis, TN 38114
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  /5

  $114,900

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

  1690 Berkshire Ave, Memphis, TN 38108

  INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1690 Berkshire Ave, Memphis, TN 38108
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  /24

  $132,000

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

  4207 Kenosha Rd, Memphis, TN 38118

  Investment Opportunity! This 4 bedroom, 1.5 bath home is the perfect addition to any investor’s portfolio. With minimal repairs needed, this property offers solid potential for rental income or resale. It will require a condenser unit and a few minor cosmetic updates, but the heavy lifting has already been done. Cash or conventional buyers only. Don’t miss out on this value-packed deal with

  Deborah Williams 4 Success Realty, LLC

  4207 Kenosha Rd, Memphis, TN 38118
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  /13

  $200,000

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

  3094 Park Ave, Memphis, TN 38111

  This home is like new inside. It has new laminated floors, freshly painted throughout, new kitchen cabinets, everything new in bathroom, new heating and air systems, new windows and wrought iron doors. A new wood fence is being erected around the huge back yard. This property is zoned commercial, but can and is being used as residential as confirmed by the Memphis & Shelby County Code

  Joe Payne The Peyton Co., Inc., REALTORS

  3094 Park Ave, Memphis, TN 38111
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  /16

  $133,000

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

  3047 McVay Trail Dr, Memphis, TN 38119

  Great investment opportunity on Ready to Move in 2 Bedroom/2.5 Bath townhome in the Quince & Kirby area. Newly Painted inside and out, New Roof, New Siding, New Vinyl Plank Floors, and New HVAC.

  Ahmed Feroze The Stamps Real Estate Company

  3047 McVay Trail Dr, Memphis, TN 38119
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  /15

  $109,500

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

  3224 Douglass Ave, Memphis, TN 38111

  Excellent opportunity to own or invest in a charming 2-bedroom, 1-bath home with a detached garage, located in a growing and in-demand community. Previously rented for $950/month, this property offers solid cash flow potential. Just 6 minutes from the University of Memphis—ideal for a primary residence, student housing, or a rooming house investment. The versatile flex room can serve as a home

  Gabriell Thomas BHHS McLemore & Co., Realty

  3224 Douglass Ave, Memphis, TN 38111
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  /20

  $165,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  3215 Given Ave, Memphis, TN 38112

  This fully renovated bungalow is move-in ready and full of charm! With 3 bedrooms and now 2 full baths—including a brand-new full bath in the private primary suite—this home has been beautifully updated from top to bottom. It features new vinyl wood flooring in the main living areas and bedrooms, fresh tile in both updated bathrooms, and a fully remodeled kitchen. Updates also include a new

  Mario Jaramillo REMAX Experts

  3215 Given Ave, Memphis, TN 38112
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  /15

  $199,900

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

  3482 Fox Leigh Dr, Memphis, TN 38115

  Beautiful home ready for it's next owner. New interior paint, new LVP flooring, new carpet and more! Move right in and enjoy the summer in this beautiful home!!

  Jamie Green River City Land Co., LLC

  3482 Fox Leigh Dr, Memphis, TN 38115
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  /21

  $135,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  585 E Parkway S Unit 5, Memphis, TN 38104

  Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available to purchase. 2bd/1bath with patio and parking. Ideal rental. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA$200 This will not go conventional or FHA. Leaders Credit Union, Kelly Jones, can do a special

  Alex Turner Hobson, REALTORS

  585 E Parkway S Unit 5, Memphis, TN 38104
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  /10

  $124,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3546 Debby Dr, Memphis, TN 38127

  Great house. Recently renovated. Perfect for a first time home owner or investor.

  Joe King Marathon REALTORS, LLC

  3546 Debby Dr, Memphis, TN 38127
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  /11

  $159,900

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

  2229 Birken Dr, Memphis, TN 38134

  Right Side of this Duplex, 2229, is a Cozy 3 bed 2 Full bath single story home, 1150 sq ft with a large back yard Great for an Investment or a First time Homeowner.

  Sheila Brackens 901, REALTORS

  2229 Birken Dr, Memphis, TN 38134
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  /21

  $139,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4078 Burrow Ave, Memphis, TN 38128

  Your dream home is here! This beautifully updated home offers modern amenities, a spacious layout with an open concept, 2 bedrooms and 1 bath. Recently updated, new windows, new flooring, new kitchen cabinets, updated bathroom, granite countertop and more. Perfect for a first-time homebuyers or a family! Schedule your private showing today.

  Elizabeth Castillo BEST Real Estate Company

  4078 Burrow Ave, Memphis, TN 38128
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  /7

  $160,000

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

  1737 Warner Ave, Memphis, TN 38127

  Only 2 years old! Open plan with 3 Bedrooms, 2 Full Bathrooms, a separate laundry room with cabinets, smooth ceilings, a kitchen with a full compliment of appliances, vinyl plank flooring, energy efficient windows, LED light fixtures, a covered front porch and more in an establish neighborhood!

  Terry Thomas Burch Realty Group

  1737 Warner Ave, Memphis, TN 38127
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  /17

  $200,000

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

  8394 Palm Springs Dr, Cordova, TN 38016

  Tucked away from the hustle and bustle yet just moments from all the conveniences, this Cordova gem is looking for its new owner! Located in the quiet Country Hills neighborhood on a corner lot, this 3 bed 2 bath home is light, airy, and full of charm. Features brand new carpet, updated LVP, fresh paint, primary en suite bath, and a fully fenced backyard. Book your tour today!

  Allison Holden BHHS McLemore & Co., Realty

  8394 Palm Springs Dr, Cordova, TN 38016
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  /17

  $185,000

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

  4025 Bishops Bridge Rd, Memphis, TN 38118

  Coming Soon! This property is situated on a corner lot in airport area and has been meticulously updated. The spacious home features new laminated flooring, fresh paint throughout, brand-new kitchen cabinets, renovated bathrooms, updated heating and air, new hot water tank and tile floors in the kitchen and bathrooms. This home has 3 bedrooms, 2 baths, living room, dining area, den and laundry

  Sherita McCray Assured Real Estate Services

  4025 Bishops Bridge Rd, Memphis, TN 38118
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  /19

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4772 James Kent Ct, Memphis, TN 38118

  INVESTOR SPECIAL! DON'T MISS THIS OPPORTUNITY! The house can accomodate two tenants to be divided into 2 units with separate private entrances, separate bathrooms, and separate kitchens for an estimated $1,800 total or more in rent. $1,800 in rent would translate to a 12.3% minimum return annually. Property is currently rented to one tenant for $1,000 with a consistent payment history with the

  Austin Hall Evernest Too, LLC

  4772 James Kent Ct, Memphis, TN 38118
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  /9

  $139,000

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

  4622 Applegate Rd, Memphis, TN 38109

  3 Bed and 2 bath specious home in Whitehaven! Home occupied at $1225 through August 2025. AC and roof new in 2021! Home was turnkey in 2021. Do not disturb tenants. Call listing agent for details. Access granted upon accepted contract!

  Andrew Akins CB Properties of Memphis, LLC

  4622 Applegate Rd, Memphis, TN 38109
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  /8

  $121,900

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

  4024 Kimball Ave, Memphis, TN 38111

  Investor Special! Three bedroom and 1 bath home near South Campus of the U of M near lots of shopping and eateries in teh desirable zip code of 38111! Home is currently occupied and professionally managed. Current rent is $1045 and lease ends in October 2025. Roof and HWH 6 years old and the HVAC about 10 years old. Please do not disturb the tenants and call listing agent for details.

  Andrew Akins CB Properties of Memphis, LLC

  4024 Kimball Ave, Memphis, TN 38111
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  /23

  $160,000

  • 5 Beds
  • 2 Baths
  • 2,354 Sq Ft

  3180 Crump Ave, Memphis, TN 38112

  Instant Cash Flow Opportunity – Turnkey Brick Duplex in Prime Memphis Location! Investor's dream! This beautiful all-brick duplex offers immediate income with both units currently leased on 12-month terms. Start collecting rent from day one—no vacancy, no hassle. Each side features spacious layouts with solid rental history, making this a reliable addition to any portfolio. Located just minutes

  Darin Wyly Benchmark Realty, LLC

  3180 Crump Ave, Memphis, TN 38112
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  /20

  $129,900

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

  3547 Randolph St, Memphis, TN 38127

  Turnkey Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath home is a perfect addition to any investment portfolio. Nestled on a spacious lot, this property has been thoughtfully updated, featuring a brand new architectural roof, fresh interior and exterior paint, new tile, and refinished original hardwood floors that add timeless charm. Enjoy the convenience of two driveways, a

  Mario Jaramillo REMAX Experts

  3547 Randolph St, Memphis, TN 38127

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