Memphis, TN Homes for Sale under $200,000

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  /17

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,725 Sq Ft

  6981 McVay Place Dr, Memphis, TN 38119

  Easy to show. Please contact listing agent via text or call. This home won't last long. Great 3-bedroom 2-bathroom. This home offers a fenced in spacious backyard. 2 car attached garage. Eat in kitchen with a separate office space in kitchen. All bedrooms are down. The stairs lead to an unfinished attic that is huge! Separate laundry room. Will be perfect for first time or second time home buyer.

  Micah Layman Ware Jones, REALTORS

  6981 McVay Place Dr, Memphis, TN 38119
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  /2

  $135,000

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

  3255 Macon Rd, Memphis, TN 38122

  Great investment opportunity in a strong rental area of Memphis. This well-maintained duplex offers two separate units. One unit has two bedrooms and one bath and is currently rented for $775 per month. The other unit has one bedroom and one bath and is listed for rent at $575 per month. Both have been updated recently. Ideal for investors seeking solid cash flow or for an owner occupant looking

  Michael Valenza eXp Realty, LLC

  3255 Macon Rd, Memphis, TN 38122
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  /11

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,025 Sq Ft

  409 Malboro Rd, Memphis, TN 38120

  This charming and highly Sought-after property is located in the heart of East Memphis. It features three bedrooms, one bathroom, fresh interior paint, beautiful hard wood floors throughout, storage shed and large lot. Brand New roof.

  Lila Mehdian Crye-Leike, Inc., REALTORS

  409 Malboro Rd, Memphis, TN 38120
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  /14

  $124,900

  • 2 Beds
  • 2.5 Baths
  • 1,302 Sq Ft

  6604 Gazebo Cove, Memphis, TN 38115

  Great tenant occupied home. Rent is $925/mo. Lease until Feb. 2026. Large great room with fireplace. Two primary bedrooms upstairs - each with their own bath, and a half bath down. Eat-in kitchen. Patio and upstairs laundry room. Water Heater - 2022, Newer roof and HVAC System. Home had significant updates in the past 12-24 months.

  Brandon Smith Smith Family Real Estate, LLC

  6604 Gazebo Cove, Memphis, TN 38115
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  /14

  $115,000

  • 2 Beds
  • 2 Baths
  • 1,420 Sq Ft

  3717 Deer Forest Dr, Memphis, TN 38115

  Great tenant occupied home! Rent is $1,100/mo. Leased until July 2026. Two large bedrooms - one upstairs and one down. Screened-in patio overlooking fenced-in backyard. Backs up to trees = privacy! Large spaces, fireplace, soaring ceilings! Water Heater 2020, Roof ~2015.

  Brandon Smith Smith Family Real Estate, LLC

  3717 Deer Forest Dr, Memphis, TN 38115
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  /13

  $129,900

  • 2 Beds
  • 2 Baths
  • 1,437 Sq Ft

  6369 Kirby Downs Dr, Memphis, TN 38115

  Great tenant occupied home. Rent is $1,100/month. Lease until October 2026. Single story home, large great room, spacious 2br/2ba home with newer roof and HVAC system. Water heater is 2014. Kitchen opens up to eating area and living room. Fenced-in backyard with deck, 1 car garage. Large sitting/office area in primary bedroom.

  Brandon Smith Smith Family Real Estate, LLC

  6369 Kirby Downs Dr, Memphis, TN 38115
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  /10

  $105,900

  • 3 Beds
  • 1.5 Baths
  • 1,236 Sq Ft

  3615 Gowan Dr, Memphis, TN 38127

  Great 3 bedroom 2 bath home in Frayser with potential to be turned into a 4 bedroom. Investor special!!!!!!! utilities are on. Home is being sold as is were is.

  Fred Sengstacke KAIZEN Realty, LLC

  3615 Gowan Dr, Memphis, TN 38127
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  /19

  $119,000

  • 3 Beds
  • 2 Baths
  • 1,529 Sq Ft

  1961 Croydon Ave, Memphis, TN 38116

  Wonderful 3bed 2bath home in Whitehaven area with several nice amenities. Home has an OPEN FLOOR PLAN (perfect for entertaining). Home has a living room, dining room, rear Den, EXTRA LARGE Primary Bedroom with Private bathroom, large backyard, and covered parking. Home needs repairs but can be worth a lot of money once fixed up. Excellent Fix-and-Flip opportunity, BRRRR option, or could be a

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1961 Croydon Ave, Memphis, TN 38116
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  /24

  $122,000

  • 3 Beds
  • 2 Baths
  • 1,272 Sq Ft

  1309 Semmes St, Memphis, TN 38111

  Investor opportunity in a very strong rental market! This well maintained home, offers a 3-bedroom, 2 bath split floor plan at home offers 1,319 sq. ft. of living space on a fenced 0.25-acre lot. Features include central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, central heat and air, new LED lighting throughout. Interior highlights include

  Heath Gooch STIXNBRIX

  1309 Semmes St, Memphis, TN 38111
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  /23

  $179,900

  • 3 Beds
  • 2 Baths
  • 2,018 Sq Ft

  755 N Avalon St, Memphis, TN 38107

  Great duplex in the Vollintine-Evergreen Historic District. The downstairs unit features two bedrooms, an office and one bathroom. Original stained trim and hardwood floors. Fresh interior paint. The upstairs unit is accessed through a separate entrance on the side of the house. It features one bedroom, a large office that could be a second bedroom, and one bathroom. Roof is from 2017. Live

  Robert Grisham Bluff City Realty Group, LLC

  755 N Avalon St, Memphis, TN 38107
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  /27

  $130,000

  • 2 Beds
  • 1 Bath
  • 881 Sq Ft

  1110 Robin Hood Ln, Memphis, TN 38111

  Spotless inside and out—move-in ready! This charming brick home sits on a large corner lot and features 2 bedrooms, 1 bath, and a detached single carport. All kitchen appliances remain. Bright, inviting spaces with durable flooring and plenty of natural light throughout. The exterior offers a well-kept yard, fenced back area, and mature trees providing shade and privacy. Roof is approximately 8

  Erica Martin Real Estate Agency

  1110 Robin Hood Ln, Memphis, TN 38111
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  /22

  $190,000

  • 9 Beds
  • 6 Baths
  • 2,683 Sq Ft

  3206 Cookie Cove, Memphis, TN 38118

  Fantastic investment opportunity in Memphis, TN. This beautiful 6br/4 bath Duplex is in the 38118 area. All windows replaced with insulated double pane. Call Agent for more info. DO NOT DISTURB THE TENANT!

  Cynthia Murrell The Regal Group

  3206 Cookie Cove, Memphis, TN 38118
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  /18

  $169,000

  • 4 Beds
  • 2 Baths
  • 1,185 Sq Ft

  1118 Robin Hood Ln, Memphis, TN 38111

  Charming 4-bedroom, 2-bath home with a full basement offering a fourth bedroom or ample storage. Features updated bathrooms, spacious bedrooms, and a functional layout. Conveniently located close to University of Memphis.

  Mamuse Ayanru Keller Williams

  1118 Robin Hood Ln, Memphis, TN 38111
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  /11

  $159,900

  • 2 Beds
  • 1 Bath
  • 829 Sq Ft

  3747 Marion Ave, Memphis, TN 38111

  Move right in! This one is the perfect bungalow walking distance to the University of Memphis. Cute home with two nice sized bedrooms, real hardwoods throughout and large kitchen. This is the one! Don't let it pass you by!!

  Jamie Green River City Land Co., LLC

  3747 Marion Ave, Memphis, TN 38111
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  /20

  $180,000 Open Sun 3PM - 5PM

  • 3 Beds
  • 1.5 Baths
  • 1,452 Sq Ft

  3016 Croley Dr, Memphis, TN 38118

  Say goodbye to compromise and hello to convenience at Opal. This newly refreshed one-level home offers everything today’s buyer wants: effortless flow, stylish updates, and outdoors that work. Whether you’re prepping dinner in the seamless new kitchen, unwinding in the open great room, or hosting friends in your sizable backyard under the shade of two covered carports, this property has it all. A

  Garth Ward eXp Realty, LLC

  3016 Croley Dr, Memphis, TN 38118
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  /2

  $126,900

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

  6539 Wimble Rd, Memphis, TN 38134

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This can be a great addition to your rental portfolio. Property is Professionally managed by Mid South Home Rentals. Currently rented at $1,350/mo. This home was renovated in early 2025. ONLINE VIDEO AVAILABLE UPON REQUEST. No sign. PLEASE DO NOT APPROACH OR DISTURB TENANT. Make all offers contingent on an interior inspection.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  6539 Wimble Rd, Memphis, TN 38134
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  /28

  $141,900

  • 2 Beds
  • 1.5 Baths
  • 1,088 Sq Ft

  5718 Quince Rd Unit 10, Memphis, TN 38119

  Move-in ready & beautifully updated 2 BR, 2.5 BA condo in the heart of East Memphis! Fresh paint throughout, new Scotch guard carpet w/premium pad, & LVT flooring in kitchen & upstairs bath. Kitchen features New Bosch whisper-quiet dishwasher, side-by-side fridge w/ ice & water, cooktop oven, & new high-capacity water heater. New high-efficiency HVAC system (compressor & furnace), restored

  Tracie Benetz Emmett Baird Realty, LLC

  5718 Quince Rd Unit 10, Memphis, TN 38119
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  /19

  $169,900

  • 3 Beds
  • 1.5 Baths
  • 1,626 Sq Ft

  1341 Carol Dr, Memphis, TN 38116

  Check out this adorable Memphis (38116) home! This home offers 1628 sq.ft. of living space that features 3 spacious bedrooms, 1.5 bathrooms, beautiful hardwood floors, a large fenced backyard that is perfect for relaxing or entertaining, covered parking, and secured storage underneath the carport! Dont miss out on this competitively priced home!

  Thomas Zettergren Premier Realty Group, LLC

  1341 Carol Dr, Memphis, TN 38116
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  /28

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,613 Sq Ft

  936 Chesterton Dr, Memphis, TN 38127

  Great Owner occupant or Investment Opportunity! This charming 3-bedroom, 1.5-bath home is ready for its new owner. Enjoy a traditional layout featuring a separate living room, dining room, and a spacious den—perfect for relaxing or entertaining. Situated on a large corner lot, the property offers a fenced backyard and a patio ideal for outdoor gatherings. Additional highlights include a one-car

  Tina Andrade Fast Track Realty, LLC

  936 Chesterton Dr, Memphis, TN 38127
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  /9

  $105,500

  • 3 Beds
  • 2 Baths
  • 1,142 Sq Ft

  5647 Maple Tree Dr, Memphis, TN 38115

  DO NOT DISTURB TENANTS. DRIVE BY ONLY, INTERIOR INSPECTION ONLY AFTER A FULLY BOUND CONTRACT IS IN PLACE, AS IS SALE ,3 BEDROOM 2 BATH . TENANT IS MONTH BY MONTH , RENT IS $1200

  Ana Dohogne KAIZEN Realty, LLC

  5647 Maple Tree Dr, Memphis, TN 38115
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  /16

  $175,000

  • 4 Beds
  • 2 Baths
  • 1,400 Sq Ft

  1344 Hyde Park Blvd, Memphis, TN 38108

  Fully renovated VACANT duplex—ideal for house hackers or investors! Fresh paint, new flooring, and brand-new mini split system. Interior/Exterior and Neighborhood Drive up video available with 3d floorplan. Utilities on and move in ready! Includes a one-year home warranty. No wholesaler/assignment contracts accepted.

  Allison Brents 901, REALTORS

  1344 Hyde Park Blvd, Memphis, TN 38108
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  /11

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,514 Sq Ft

  1617 Maplewood St, Memphis, TN 38108

  Updated and spacious and ready for you to move in, 1617 Maplewood is a home priced for now, but will be a great buy for years to come. Has a large living room, 3 bedrooms, and an additional room at the rear of the home that can be used as a pantry, office, or 2nd bedroom. The home also features a large eat in kitchen and a spacious backyard.

  Adrian Henning KAIZEN Realty, LLC

  1617 Maplewood St, Memphis, TN 38108
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  /30

  $175,000

  • 2 Beds
  • 2 Baths
  • 1,708 Sq Ft

  596 N 6th St, Memphis, TN 38105

  This home is the one for you! Entire house was taken down to the studs in 2006. Welcoming covered front porch is perfect for enjoying those temperate Memphis fall nights. Soaring 9 ft. ceilings greet you upon entry with original pine floors that add all the charm you could want. Beautiful built-ins throughout home while ample natural light fills the spacious rooms. Current owner added screen

  Katherine Nichols Cook Marx-Bensdorf, REALTORS

  596 N 6th St, Memphis, TN 38105
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  /8

  $170,000

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

  3382 Woodhollow Dr Unit 3382/3384, Memphis, TN 38118

  With an amazing list price, this amazing duplex will not be on the market for long! Book your appointment to tour fast before it's gone!! Will not go FHA.

  Nikki Rainey Epique Realty

  3382 Woodhollow Dr Unit 3382/3384, Memphis, TN 38118
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  /10

  $150,000

  • Land
  • 15 Acres
  • $10,000 per Acre

  3731 Horn Lake Rd, Memphis, TN 38109

  15 ACRES in prime location off of 61 ready to be built on! Zoned Residential so Build your dream home today on this most;y cleared 15 acres!! Investors and builders also a great development opportunity. 24 kVA transformer installed on the property with a utility shed for power supply.

  Ashlyn Clark Keller Williams

  3731 Horn Lake Rd, Memphis, TN 38109
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  /2

  $158,000

  • 3 Beds
  • 2 Baths
  • 1,391 Sq Ft

  2986 Spring Hill Dr, Memphis, TN 38127

  This beautiful 3-bedroom, 2 bath home offers a spacious layout, a nice backyard perfect for entertaining, and comfortable bedrooms. NO showings until December 1, feel free to give me a call if you have any questions

  Erica Reed Crye-Leike, Inc., REALTORS

  2986 Spring Hill Dr, Memphis, TN 38127
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  /26

  $175,000

  • 4 Beds
  • 2 Baths
  • 2,746 Sq Ft

  1429 Greendale Ave, Memphis, TN 38127

  SPACIOUS!! Bring your buyers to see this 4BR, 2BA home. Beautiful brick exterior with large covered front porch. Large rooms, Living/Dining combo, large eat-in kitchen and Bonus TV Room. All on one floor...carpet thru-out! Perfect home for entertaining.

  John Payne BEST Real Estate Company

  1429 Greendale Ave, Memphis, TN 38127
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  /40

  $175,000

  • 1 Bed
  • 1.5 Baths
  • 944 Sq Ft

  66 Monroe Ave Unit 1007, Memphis, TN 38103

  Beautiful Condo on the 10th/11th floor in the Shrine Building! Updated kitchen, stainless appliances. Half bath down, bedroom and full bath up. The building features a pool, gym and one of the best rooftop views downtown overlooking the Mississippi River! Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  66 Monroe Ave Unit 1007, Memphis, TN 38103
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  /10

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,483 Sq Ft

  975 N Avalon St, Memphis, TN 38107

  Nice solid brick home that would be a great rental os for a home owner will to do some cosmetic work.

  Joe King Marathon REALTORS, LLC

  975 N Avalon St, Memphis, TN 38107
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  /2

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,171 Sq Ft

  4572 Summer Creek Cove, Memphis, TN 38141

  Income producing investment property currently tenant-occupied, month-to-month, bringing 1005.00 per month in rent. Great addition to any portfolio! No showings without an accepted offer.

  Flor Bernal Crye-Leike, Inc., REALTORS

  4572 Summer Creek Cove, Memphis, TN 38141
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  /20

  $107,500

  • 3 Beds
  • 1.5 Baths
  • 1,586 Sq Ft

  732 E Davant Ave, Memphis, TN 38106

  This spacious layout features 3 oversized bedrooms, a separate den used an oversized bedroom, formal dining, and a cozy living room with fireplace. Hardwood floors and an open kitchen offer charm with upside. New paint and new flooring throughout.

  Sabaria Dean Fast Track Realty, LLC

  732 E Davant Ave, Memphis, TN 38106
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  /23

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,912 Sq Ft

  4595 Limestone Ln, Memphis, TN 38141

  Discover this spacious 3-bedroom, 2-bath home offering 1,900 sq. ft. of comfortable living in Southeast Memphis! Featuring a bright, floor plan with a large living room and vaulted ceilings, perfect for relaxing or entertaining. The kitchen offers ample counter space and flows easily into the dining area. Enjoy generous bedrooms, including a large primary suite, plus plenty of storage throughout.

  Vinson Bracey Crye-Leike, Inc., REALTORS

  4595 Limestone Ln, Memphis, TN 38141
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  /26

  $200,000

  • 2 Beds
  • 1.5 Baths
  • 1,080 Sq Ft

  254 Lombardy Place Unit 1, Memphis, TN 38111

  Beautifully maintained condo in an exclusive gated community of only eight units! This 2-bedroom, 1.5-bath home offers fresh interior paint throughout and an inviting open layout with abundant natural light. The kitchen features granite countertops, stainless steel appliances, and updated lighting. A built-in bookcase in the dining area adds character and additional storage. Downstairs you'll

  Laurie Cooper Real Estate Agency

  254 Lombardy Place Unit 1, Memphis, TN 38111
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  /5

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,490 Sq Ft

  3815 Kipling Ave, Memphis, TN 38128

  Come and visit this beautiful 3 bed 2 bath home with a one car garage. This home has a large den and a large master. Sellers have recently replaced the roof. This home is great for entertaining inside and out with a spacious floor plan and large backyard. This home qualifies for 100% financing and down payment assistance options.

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  3815 Kipling Ave, Memphis, TN 38128
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  /36

  $132,000

  • 3 Beds
  • 1 Bath
  • 996 Sq Ft

  1870 Coventry Dr, Memphis, TN 38127

  Welcome home to this inviting 3-bedroom, 2-bath property that blends comfort, convenience, and opportunity. From the moment you arrive, the charming front patio welcomes you — a perfect spot to relax and enjoy quiet mornings or peaceful evenings. Step inside to find an updated kitchen featuring modern touches, making daily routines simple and efficient. Each bedroom offers comfortable living

  Jeff Goff Keller Williams

  1870 Coventry Dr, Memphis, TN 38127
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  /19

  $200,000

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

  1185 Timothy Dr, Memphis, TN 38116

  Genteel in Graceland. Only 1 block or .03 miles from Elvis Presley's Graceland Mansion. This home exudes nothing but newness! Hold on tight. New exterior & interior paint, refinished hardwood floors, kitchen cabinets, countertops, sink, garbage disposal, dishwasher, stove, lights, window blinds. *There's more. New driveway with parking pad, central heat/air & hot water tank! Roof is only 8 years

  Robert Farris Crye-Leike, Inc., REALTORS

  1185 Timothy Dr, Memphis, TN 38116
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  /6

  $186,450

  • 3 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  3921 Chelsea Hill Dr, Memphis, TN 38128

  Don't miss this fully renovated home located in a quiet cove in MOVE-IN CONDITION. Home features a NEW APPLIANCES (Stove - Dishwasher - Microwave), NEW ROOF, FRESH PAINT (Interior and Exterior), covered parking, updated lighting and MORE! ALL offers are welcome! Closing cost support and 1 YR Warranty available with reasonable offers CALL TODAY!!

  Gerald Williams KAIZEN Realty, LLC

  3921 Chelsea Hill Dr, Memphis, TN 38128
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  /19

  $179,000

  • 4 Beds
  • 2 Baths
  • 1,554 Sq Ft

  1911 Quinn Ave, Memphis, TN 38114

  Beautifully updated 4-bedroom, 2-bath home featuring fresh paint, new flooring, and modern finishes throughout. The spacious living area offers plenty of natural light and an open, welcoming feel. The updated kitchen boasts stylish countertops, refreshed cabinetry, and room for family gatherings. Both bathrooms have been tastefully renovated with contemporary fixtures and finishes. With four

  Crystal Mitchell Renshaw Company, REALTORS

  1911 Quinn Ave, Memphis, TN 38114
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  /30

  $115,000

  • 3 Beds
  • 2.5 Baths
  • 1,649 Sq Ft

  3169 Flowering Cherry Ln Unit 46, Memphis, TN 38115

  Beautifully renovated 3BR/2.5BA Condo featuring fresh interior paint, new flooring, new light fixtures, & modern updates throughout! The renovated eat-in kitchen boasts newly painted cabinets, butcher block countertops, subway tile backsplash, & stainless steel appliances. Enjoy a spacious living room plus a cozy den with a fireplace & a built-in bookcase. The primary suite offers a walk-in

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3169 Flowering Cherry Ln Unit 46, Memphis, TN 38115
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  /11

  $100,000

  • 2 Beds
  • 2 Baths
  • 976 Sq Ft

  3161 Hopkins Ave, Memphis, TN 38112

  Great home for the first time homebuyer, or an investment opportunity in one of the best up and coming areas in 38112 offering incredible potential. Easy to show. Two bedrooms, 2 bathrooms, with bonus room off the primary bedroom which has endless possibilities, fenced backyard. Roof is 4 years old. Being Sold As-Is.

  Joye Miller Crye-Leike, Inc., REALTORS

  3161 Hopkins Ave, Memphis, TN 38112

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