Memphis, TN Homes for Sale under $200,000

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  /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

  705 Stratford Rd, Memphis, TN 38122
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  /2

  $95,000

  • 2 Beds
  • 1 Bath
  • 922 Sq Ft

  552 Stanley Dr, Memphis, TN 38122

  Great investment property. Sold in "As Is" condition. 2 Bed, 1 bath, original hardwood floors. Sun/office room could be an addition bedroom? Fenced in large backyard. Carport and HUGE SHOP / storage building. Updated HVAC Carrier unit.

  

  Todd Adams

  Keller Williams

  552 Stanley Dr, Memphis, TN 38122
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  /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

  929 N Mcneil St, Memphis, TN 38107
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  /2

  $49,999

  $9K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  2394 Shasta Ave, Memphis, TN 38108

  Great opportunity for investors or buyers looking for a renovation project! This brick home features 3 bedrooms and 1.5 bathrooms and offers plenty of potential with the right vision and updates. The property does need renovations, making it an ideal opportunity to customize, renovate, and add value. For the rehabbers out there, this will qualify for 100% financing once rehabbed to the new buyer.

  

  Caleb Hall

  Keller Williams

  2394 Shasta Ave, Memphis, TN 38108
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  /2

  $35,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 660 Sq Ft

  5698 Los Gatos Dr Unit 101U, Memphis, TN 38115

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Being sold AS-IS. Property is rented for $745/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr,

  

  Jordan Ray

  eXp Realty, LLC

  5698 Los Gatos Dr Unit 101U, Memphis, TN 38115
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  /13

  $70,000

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 974 Sq Ft

  1561 Preston St, Memphis, TN 38106

  Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO

  

  Tara Woodley

  Zach Taylor Real Estate

  1561 Preston St, Memphis, TN 38106
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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

  873 Biggs St, Memphis, TN 38108
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  /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

  1231 Victor Dr, Memphis, TN 38122
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  /2

  $35,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 696 Sq Ft

  5660 Los Gatos Dr Unit 2, Memphis, TN 38115

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Being sold AS-IS. Property is rented for $740/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr,

  

  Jordan Ray

  eXp Realty, LLC

  5660 Los Gatos Dr Unit 2, Memphis, TN 38115
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  /8

  $77,900

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,362 Sq Ft

  3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122

  Welcome to market 3989 Grahamdale Circle in the Grahamwood community. This low-maintence 3-bedroom, 2-bath home offers 1344 square feet of functional living space. Rentals are permitted, offering flexibility for owner-occupants or investors seeking income potential. This semi open concept floorplan features a spacious living room and dining room combo with a cozy fireplace, breakfast bar kitchen,

  

  Raychel Day

  Renshaw Company, REALTORS

  3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122
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  /2

  $125,000

  • 5 Beds
  • 2 Baths
  • 1,412 Sq Ft

  345 S Parkway E, Memphis, TN 38106

  Charming 3-bedroom, 1-bath home offering approximately 1,412 square feet of living space. This property features a spacious living area, updated exterior with attractive black-and-white curb appeal, ample parking, and a large lot with mature trees. Conveniently located near Downtown Memphis, schools, parks, shopping, and major transportation routes. Whether you're a first-time homebuyer looking

  

  Leaser Coleman

  Empire Realty, LLC

  345 S Parkway E, Memphis, TN 38106
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  /13

  $99,000

  $29K PRICE DROP

  • 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

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

  452 Lipford St, Memphis, TN 38112
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  /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

  886 N Bingham St, Memphis, TN 38108
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  /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

  1711 Ronda St, Memphis, TN 38108
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  /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

  1946 Tant Rd, Memphis, TN 38128
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  /6

  $129,901

  • 3 Beds
  • 1 Bath
  • 1,051 Sq Ft

  3723 Wilshire Rd, Memphis, TN 38111

  Investor special or the perfect place to call home! This move-in ready 3-bedroom home offers a spacious, fully fenced backyard and an excellent location close to shopping, dining, and schools. Conveniently located near Sherwood Elementary, Sherwood Middle, and Melrose High School, this property is ideal for homeowners and investors alike. With online sources estimating rental potential around

  

  Dylan Johnson

  901, REALTORS

  3723 Wilshire Rd, Memphis, TN 38111
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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

  3594 S Lloyd Cir, Memphis, TN 38108
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  /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

  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

  3275 Macon Rd, Memphis, TN 38122
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  /29

  $89,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,471 Sq Ft

  4787 Townhouse Way, Memphis, TN 38118

  *** Do Not Disturb Tenant*** Newly Renovated Condo located in East Memphis. Section 8 Tenant in place for $997, MHA Approved on 9/30/25. Property is 3 Bedrooms 2 baths, 1 Bedroom downstairs and 2 Upstairs. Property was Purchased in a Tax Sale, Seller has owned the property less than a Year (Buyer Must close with Saddle Creek Only) Title Insurance can possibly be Purchased with an Attached Risk

  

  Tara Woodley

  Zach Taylor Real Estate

  4787 Townhouse Way, Memphis, TN 38118
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  /3

  $35,000

  • Land
  • 26,136 Sq Ft
  • $58,333 per Acre

  1133 Saunders Ave, Memphis, TN 38127

  Looking for investor, business owners or home owners. Nice level lot. Will take all cash. Drive by and take a look.

  

  Jo Mathes

  Pinnacle Realty

  1133 Saunders Ave, Memphis, TN 38127
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  /37

  $142,000

  $13K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft

  109 N Main St Unit 612, Memphis, TN 38103

  Seller will contribute up to $3,000 toward the buyer’s closing costs with an acceptable offer. At the historic Claridge House, a comparatively low $415 monthly HOA fee covers some utilities, water/sewer, trash collection, exterior and grounds maintenance, and pest control. Unit 612 offers 720 square feet with a 17 x 22 great room, open kitchen with breakfast bar and pantry, 12 x 13 bedroom,

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  109 N Main St Unit 612, Memphis, TN 38103
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  /13

  $145,000

  • 2 Beds
  • 2 Baths
  • 1,130 Sq Ft

  232 S Highland St Unit 209, Memphis, TN 38111

  Welcome to 232 S Highland St #209, a desirable corner unit in The Edinborough with 24-hour door personnel and large floor to ceiling windows overlooking the pool! Along with being one of the largest units in the building, this unit also has gated parking available, covered or uncovered ($10 monthly). It gets lots of natural light and features an open living and dining area, and 2 spacious

  

  Kim Golden

  Mint Realty Group

  232 S Highland St Unit 209, Memphis, TN 38111
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  /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

  3418 Bowen Ave, Memphis, TN 38122
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  /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

  1163 Gordon St, Memphis, TN 38122
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  /9

  $65,000

  • 2 Beds
  • 1 Bath
  • 715 Sq Ft

  2344 Warren St, Memphis, TN 38106

  Turnkey investment opportunity in the heart of South Memphis! This renovated 3-bedroom, 1-bath home at 2344 Warren St, Memphis, TN 38106 is cash-flow ready with projected rental income of $950 per month. Priced at just $65,000, this property offers strong returns for both new and seasoned investors. Features include updated flooring, fresh paint, spacious living areas, and a large yard.

  

  Austin Hall

  Evernest Too, LLC

  2344 Warren St, Memphis, TN 38106
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  /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

  1005 N Highland St, Memphis, TN 38122
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  /2

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,715 Sq Ft

  2859 Invergarry Rd, Memphis, TN 38128

  Looking for your next cash-flowing investment property? Look no further! This tenant-occupied property is currently generating $1,450 per month in rental income and is nestled in an established Raleigh neighborhood. Property may be sold individually or as part of a package. No showings until an acceptable offer has been received. Please contact the listing agent for additional information.

  

  Vivian Denogean

  Fast Track Realty, LLC

  2859 Invergarry Rd, Memphis, TN 38128
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  /2

  $18,000

  • Land
  • 3,049 Sq Ft
  • $257,143 per Acre

  0 Coker St, Memphis, TN 38107

  Nice infill opportunity on Coker St. Established neighborhood with surrounding homes. Lot offers potential for residential development. Buyer to independently confirm all pertinent information. Seller Financing Possible

  

  Tonya McDowell

  The Stamps Real Estate Company

  0 Coker St, Memphis, TN 38107
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  /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

  702 Atlantic St, Memphis, TN 38112
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  /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

  1150 Tanglewood St, Memphis, TN 38114
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  /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

  1493 Luverne St, Memphis, TN 38108
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  /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

  1057 N Holmes St, Memphis, TN 38122
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  /20

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,444 Sq Ft

  4789 Townhouse Way, Memphis, TN 38118

  Comfortable, functional, and full of character, this 3-bedroom, 2-bath townhome is ready to welcome its next owner! The two-level floor plan features updated flooring throughout much of the home and a spacious great room anchored by a striking floor-to-ceiling stone fireplace. The kitchen offers a functional layout with white cabinetry and a convenient pass-through connecting to the living area.

  

  Samiha Alward

  Keller Williams

  4789 Townhouse Way, Memphis, TN 38118
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  /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

  3592 Kendrick Rd, Memphis, TN 38108
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  /4

  $119,900

  $3K PRICE DROP

  • 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

  804 Keel Ave, Memphis, TN 38107
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  /2

  $150,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,916 Sq Ft

  1023 Springdale St, Memphis, TN 38108

  INVESTORS ONLY!! DO NOT DISTURB TENANT. Lovely 4/2 tutor. currently rented for $1300/months. House is in great condition. Showings only with an accepted offer. Tenant is month to month. No wholesalers, no assignments, no creative financing or subject to offers please. Seller also selling 3562 Fuller, 1373 Semmes unit 2 & 766 Los Angeles (Can buy individually or in bulk).

  

  Charlene Bailey

  Bespoke Realty

  1023 Springdale St, Memphis, TN 38108
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  /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

  4287 Elaine Ave, Memphis, TN 38122
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  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  1487 Swift St, Memphis, TN 38109

Showing Results 121 - 160, Page 4 of 18