Memphis, TN Homes for Sale under $200,000

• 

  

  /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.

  

  Caleb Hall

  Keller Williams

  (901) 479-0698

  3592 Kendrick Rd, Memphis, TN 38108
• 

  

  

  /4

  $122,900

  • 3 Beds
  • 2 Baths
  • 1,066 Sq Ft

  804 Keel Ave, Memphis, TN 38107

  Turnkey single-family rental opportunity in the growing North Memphis market! This well-maintained home at 804 Keel Ave, Memphis, TN is currently tenant occupied and generating $1,175 per month in rental income, making it an ideal cash-flow investment for both new and experienced investors. Listed at $122,900, this property offers strong rental performance with immediate income potential from day

  

  Austin Hall

  Evernest Too, LLC

  (901) 668-5033

  804 Keel Ave, Memphis, TN 38107
• 

  

  /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.

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 589-5118

  4154 Arrowhead Rd, Memphis, TN 38118
• 

  

  /2

  $125,020

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  3734 Townes Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 589-5113

  3734 Townes Ave, Memphis, TN 38122
• 

  /2

  $139,000

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,621 Sq Ft

  1472 E Holmes Rd, Memphis, TN 38116

  Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes

  

  Austin Hall

  Evernest Too, LLC

  (901) 446-1177

  1472 E Holmes Rd, Memphis, TN 38116
• 

  

  /28

  $148,000

  • 1 Bed
  • 1 Bath
  • 693 Sq Ft

  66 Monroe Ave Unit 405, Memphis, TN 38103

  Live in the heart of it all at The Shrine Building. This downtown condo offers efficient living with an open-concept layout. Ideal for full-time living or a secondary downtown retreat, the location places you just minutes from the Medical District, University of Tennessee Health Science Center, and Southern College of Optometry, and within walking distance to the University of Memphis Cecil C.

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  (901) 668-5600

  66 Monroe Ave Unit 405, Memphis, TN 38103
• 

  /2

  $159,000

  $13K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 1,344 Sq Ft

  683 Hudson St, Memphis, TN 38112

  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) 716-7547

  683 Hudson St, Memphis, TN 38112
• 

  /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.

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 599-2981

  1905 Sierra St, Memphis, TN 38128
• 

  /2

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,708 Sq Ft

  2381 Hillside Ave, Memphis, TN 38127

  Move-in ready 4-bedroom, 1.5-bath home offering approximately 1,700 square feet of living space on a spacious 0.33-acre lot. This property features a functional floor plan with generously sized bedrooms and comfortable living areas, making it ideal for both homeowners and investors. The home includes a large yard with plenty of space for outdoor activities, along with convenient covered parking.

  

  Caleb Hall

  Keller Williams

  (901) 698-3192

  2381 Hillside Ave, Memphis, TN 38127
• 

  /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.

  

  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.

  

  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.

  

  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.

  

  Caleb Hall

  Keller Williams

  (901) 979-0464

  3070 Guernsey Ave, Memphis, TN 38112
• 

  /2

  $179,550

  • 3 Beds
  • 1 Bath
  • 1,548 Sq Ft

  3570 Faxon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $980 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 660-8845

  3570 Faxon Ave, Memphis, TN 38122
• 

  

  /10

  $170,000

  $5K PRICE DROP

  • 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

  

  Michael Ford

  Coldwell Banker Heritage Homes

  (901) 673-2349

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

  /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.

  

  Caleb Hall

  Keller Williams

  (901) 669-4577

  4117 Grey Rd, Memphis, TN 38108
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  /2

  $100,000

  $20K PRICE DROP

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

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
• 

  /2

  $180,880

  • 3 Beds
  • 2 Baths
  • 1,498 Sq Ft

  1195 Wingfield Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $925 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 660-7854

  1195 Wingfield Rd, Memphis, TN 38122
• 

  /2

  $158,270

  • 2 Beds
  • 1 Bath
  • 1,062 Sq Ft

  3796 Longfellow Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Current rent is $1,000 a month with a lease expiration of 12/31/26. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 350-4248

  3796 Longfellow Rd, Memphis, TN 38108
• 

  /2

  $114,000

  $4K PRICE DROP

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

  828 Floyd 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 $875/mo. Professionally managed. Lease expires on 4/1/2027.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
• 

  /2

  $104,990

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  916 Carrolton Ave, Memphis, TN 38127

  Do not disturb tenant! Home currently under two year lease. Perfect investment property with solid tenant!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 445-8464

  916 Carrolton Ave, Memphis, TN 38127
• 

  /2

  $198,170

  • 4 Beds
  • 2 Baths
  • 1,458 Sq Ft

  2132 Brookline Rd, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $1,300 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 582-5768

  2132 Brookline Rd, Memphis, TN 38128
• 

  /2

  $150,290

  • 3 Beds
  • 1 Bath
  • 1,021 Sq Ft

  3504 Buchanan Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $900 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 422-8510

  3504 Buchanan Ave, Memphis, TN 38122
• 

  /2

  $195,510

  • 3 Beds
  • 1.5 Baths
  • 1,106 Sq Ft

  4207 Brenmar Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 10/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 519-2204

  4207 Brenmar Ave, Memphis, TN 38122
• 

  

  /12

  $135,000

  • 2 Beds
  • 2 Baths
  • 1,107 Sq Ft

  2452 Saratoga Ave, Memphis, TN 38114

  INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% rule. Both units leased at $700/month. Memphis continues to attract investor demand due to affordable price points and solid rent-to-price ratios. No assignable offers. No seller financing. Drive by only. Do not disturb tenants. Showings only with accepted contract.

  

  Walter Jones

  BEST Real Estate Company

  (901) 883-6784

  2452 Saratoga Ave, Memphis, TN 38114
• 

  /2

  $126,350

  • 3 Beds
  • 1 Bath
  • 1,418 Sq Ft

  3348 Lamphier Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1050 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 445-7533

  3348 Lamphier Ave, Memphis, TN 38122
• 

  

  /19

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,293 Sq Ft

  2869 Dumbarton Oaks Dr, Memphis, TN 38127

  Enjoy lake living in a peaceful community where you can fish or boat daily. This home has been completely renovated and features a modern kitchen with stone countertops. Marble finish tile gives an elegant and modern look to the space. There are two living spaces, allowing flexibility for using this home to accommodate your needs. The bathrooms have been handsomely renovated, and this home is

  

  Meleah Thurmond-Edwards

  KAIZEN Realty, LLC

  (901) 443-8960

  2869 Dumbarton Oaks Dr, Memphis, TN 38127
• 

  /2

  $121,030

  • 3 Beds
  • 1 Bath
  • 1,193 Sq Ft

  3818 Grey Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $750 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 673-3019

  3818 Grey Rd, Memphis, TN 38108
• 

  /2

  $192,850

  • 3 Beds
  • 1 Bath
  • 1,468 Sq Ft

  1286 Gherald 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. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 445-7664

  1286 Gherald St, Memphis, TN 38122
• 

  

  /19

  $155,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  4253 Cottonwood Rd, Memphis, TN 38118

  Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 899-6659

  4253 Cottonwood Rd, Memphis, TN 38118
• 

  

  /40

  $111,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,821 Sq Ft

  1050 Cummings St, Memphis, TN 38106

  Welcome to this Southern Charm 1,821sq. ft. home in the heart of South Memphis! Located at 1050 Cummings St, this spacious 3-bedroom, 2-bathroom residence offers a perfect blend of historical and functional living. Step inside to discover NEW gray vinyl plank flooring and fresh interior paint in a Freshly painted blue-gray palette, creating a clean, airy atmosphere throughout. The generous layout

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 460-3137

  1050 Cummings St, Memphis, TN 38106
• 

  /2

  $159,000

  $49K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 962 Sq Ft

  1543 Stacey St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 509-9838

  1543 Stacey St, Memphis, TN 38108
• 

  

  /19

  $120,000

  $50K PRICE DROP

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

  1100 Rozelle St, Memphis, TN 38106

  Tenant in place at $995 until 12/26/26. This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances,

  

  Caleb Hall

  Keller Williams

  (901) 445-8139

  1100 Rozelle St, Memphis, TN 38106
• 

  /2

  $167,580

  • 2 Beds
  • 1 Bath
  • 895 Sq Ft

  3768 Faxon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,250 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 617-7638

  3768 Faxon Ave, Memphis, TN 38122
• 

  

  /31

  $180,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,821 Sq Ft

  6128 Raintree Dr, Memphis, TN 38115

  Renovated 3 bedroom 2 bath home in Ridgeway Estates. Ridgeway Estates boasts a prime location with easy access to major highways like Interstates 40, 69, 55, 240, and 269. with nearby parks and recreational facilities available.

  

  Jason Miller

  eXp Realty, LLC

  (901) 621-5815

  6128 Raintree Dr, Memphis, TN 38115
• 

  /2

  $155,000

  • Land
  • 6,969 Sq Ft
  • $968,750 per Acre

  507 Henry Heights Dr, Memphis, TN 38117

  Build your dream home on Lot 17 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 0.16 acre (one of the largest lots), 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

  

  Julie Upchurch

  McWaters & Associates

  (901) 673-5774

  507 Henry Heights Dr, Memphis, TN 38117
• 

  /2

  $152,950

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  3126 Crump Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $____ with a lease expiration of ____. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 694-8973

  3126 Crump Ave, Memphis, TN 38112
• 

  

  /3

  $150,000

  • Land

  8607 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) 665-2185

  8607 Geiberger Dr, Memphis, TN 38016

Showing Results 121 - 160, Page 4 of 18