Memphis, TN Homes for Sale under $200,000

• 

  

  /2

  $105,070

  • 2 Beds
  • 1 Bath
  • 772 Sq Ft

  3740 E Mallory Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 657-5925

  3740 E Mallory Ave, Memphis, TN 38111
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  /2

  $140,980

  • 2 Beds
  • 1 Bath
  • 1,079 Sq Ft

  3437 Vernon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $900 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 621-5607

  3437 Vernon Ave, Memphis, TN 38122
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  /2

  $146,300

  • 3 Beds
  • 1 Bath
  • 1,074 Sq Ft

  1771 Wells Station 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) 329-8645

  1771 Wells Station Rd, Memphis, TN 38108
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  /2

  $168,910

  • 3 Beds
  • 2 Baths
  • 1,230 Sq Ft

  4248 Truman Ave, Memphis, TN 38108

  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) 445-6814

  4248 Truman Ave, Memphis, TN 38108
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  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4623 Sunnybrook St, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 554-4971

  4623 Sunnybrook St, Memphis, TN 38127
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  /2

  $113,000

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

  646 Semple Ave, 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 $850/mo. Professionally managed. Lease expires on 12/31/25.

  

  Caleb Hall

  Keller Williams

  (901) 617-7502

  646 Semple Ave, Memphis, TN 38127
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  /20

  $162,000

  • 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 like

  

  Meleah Thurmond-Edwards

  KAIZEN Realty, LLC

  (901) 675-6716

  2869 Dumbarton Oaks Dr, Memphis, TN 38127
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  /2

  $145,400

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft

  2620 Maverick Ave, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 660-8007

  2620 Maverick Ave, Memphis, TN 38127
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  /2

  $110,250

  • 3 Beds
  • 3 Baths
  • 2,117 Sq Ft

  1384 Melrose Cove, Memphis, TN 38106

  

  Austin Hall

  Evernest Too, LLC

  (901) 660-3947

  1384 Melrose Cove, Memphis, TN 38106
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  /2

  $144,970

  • 3 Beds
  • 1 Bath
  • 796 Sq Ft

  1456 Orr 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) 668-8558

  1456 Orr St, Memphis, TN 38108
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  /2

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-3692

  1541 Patton St, Memphis, TN 38106
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  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4485 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 657-6692

  4485 Beacon Hill Dr, Memphis, TN 38127
• 

  

  /23

  $185,000 New Construction

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

  372 Edith Ave, Memphis, TN 38126

  Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 621-3508

  372 Edith Ave, Memphis, TN 38126
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  /15

  $185,000 New Construction

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

  351 Edith Ave, Memphis, TN 38126

  Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 676-6721

  351 Edith Ave, Memphis, TN 38126
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  /16

  $149,977

  • Land
  • 2.95 Acres
  • $50,840 per Acre

  5259 Stage Rd, Memphis, TN 38134

  PRIME R-10 DEVELOPMENT OPPORTUNITY-2.96 Acres | 5259 Stage Road, Memphis, TN 38134 $227,000 | 6-12 potential Home Sites. Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes) In a market where 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 homes): 10 homes × $350,000 = $3.5M gross

  Jason Miller eXp Realty, LLC

  5259 Stage Rd, Memphis, TN 38134
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  /5

  $100,000

  • Land
  • 1.03 Acres
  • $97,087 per Acre

  987 S Weaver Rd, Memphis, TN 38109

  This lot is sold with 4 other lots for a total of 5+ acres 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

  Gabrielle Rowe eXp Realty, LLC

  987 S Weaver Rd, Memphis, TN 38109
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  /26

  $189,900

  • Land
  • 27.73 Acres
  • $6,848 per Acre

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109

  Memphis, TN, Shelby Co., 27 +/- acres, $189,900! Beautiful wooded acreage on Horne Lake Road! Preserved by a conservation easement! Perfect natural estate to build your dream home! Call or email Mike Newsome for details.

  Mike Newsome U S Land & Farms, LLC

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109
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  /12

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,483 Sq Ft

  1932 E Alcy Rd, Memphis, TN 38114

  This Home has new paint inside and out. new light fixtures throughout. New Flooring throughout. Well manicured landscaping. New countertops, plumbing fixtures, window treatment(blinds). An upscale backyard fence surrounding the back yard, with a large storage.also located in a settled nice and quiet area.

  Markey Granberry C21 Patterson & Assoc. Real Es

  1932 E Alcy Rd, Memphis, TN 38114
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  /16

  $193,500

  • 3 Beds
  • 1 Bath
  • 969 Sq Ft

  1570 Dearing Rd, Memphis, TN 38117

  Significantly Improved Price! Welcome home! This adorable ranch style home is ready for a new owner. Completely renovated top to bottom in 2018, this home stands out with beautiful hardwood floors throughout, renovated kitchen and bath with stone tops, 7 year old roof and hvac, 1 year old hot water, a 1 car carport, and a large fenced backyard with storage shed and newly poured patio. This home

  Joshua Cooper Sowell, Realtors

  1570 Dearing Rd, Memphis, TN 38117
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  /21

  $100,000

  • 2 Beds
  • 1 Bath
  • 1,204 Sq Ft

  3391 Rockwood Ave, Memphis, TN 38122

  Investor Opportunity – Rental-Ready Value-Add Property Attention investors and portfolio builders — this property presents a strong opportunity for steady rental income and long-term portfolio growth. Featuring a spacious layout with multiple bedrooms, defined living and dining areas, and generous natural light throughout, the home offers the functionality tenants consistently seek. Several

  Cristian Amparan The Home Partners Realty

  3391 Rockwood Ave, Memphis, TN 38122
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  /35

  $190,000

  • 2 Beds
  • 2 Baths
  • 913 Sq Ft

  10 N Main St Unit 10C, Memphis, TN 38103

  TOP FLOOR condo overlooking The River, Bridge, Court Square Park and Main Street. Views of the River and M Bridge from all rooms! Updated Kitchen and Baths. Primary Bath has Whirlpool Tub and 2nd Bedroom Bath has a large shower. This condo has tons of natural light. The rooftop deck has 2 levels and is just up one flight of stairs from this 10th floor unit, views in all directions, great M Bridge

  Chris Garland Crye-Leike, Inc., REALTORS

  10 N Main St Unit 10C, Memphis, TN 38103
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  /4

  $118,000

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

  2249 Stephanie Ave, Memphis, TN 38127

  Great investor property. Renovated with tenant. New Floors, New Paint, Updated Fixtures. Rent amount $1,346.00.

  Jeremy Moore C21 Patterson & Assoc. Real Es

  2249 Stephanie Ave, Memphis, TN 38127
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  /11

  $107,500

  • 2 Beds
  • 1 Bath
  • 894 Sq Ft

  3393 Carrington Rd, Memphis, TN 38111

  Investor friendly home! Or first time homebuyer! Fully remodeled with brand new roof, windows, bathroom, kitchen, and appliances. Currently occupied but will be vacant at closing! Market rent $1200/mo! Do not disturb tenant. Showing after accepted offer only. 1 year home warranty offered!

  Alden Dixon Grant & Co., REALTORS

  3393 Carrington Rd, Memphis, TN 38111
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  /28

  $154,750

  • 3 Beds
  • 2.5 Baths
  • 1,750 Sq Ft

  3404 Wetherburns Cir Unit 1, Memphis, TN 38134

  Welcome to a wonderful opportunity within the Bartlett City Schools boundaries! This property has been extensively remodeled since last occupied and is ready to become your dream home or rental investment property. Enjoy the many all-new upgrades including cabinets, granite counters, appliances, flooring, and durable, energy-efficient dual-paned vinyl windows. Modern light fixtures, fans,

  Michael Bialowitz River City Land Co., LLC

  3404 Wetherburns Cir Unit 1, Memphis, TN 38134
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  /14

  $175,000 New Construction

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

  3703 Parfet Cove, Memphis, TN 38128

  MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. No Wholesalers or owner financed offers.

  Brett Bernard The Stamps Real Estate Company

  3703 Parfet Cove, Memphis, TN 38128
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  /2

  $115,000

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

  404 Stoneham Rd, Memphis, TN 38109

  Welcome to 404 Stoneham. This 3 bed 1 bath home features a tile floor in the bathroom and LVP flooring in the kitchen. Lighting fixtures, lighting packages, new hardware on kitchen, new vent hood, cabinets cozy and spacious living room, large front and backyard, and many more features! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased

  James Wachob Foundation Property Management

  404 Stoneham Rd, Memphis, TN 38109
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  /10

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,229 Sq Ft

  3693 Windermere Rd, Memphis, TN 38128

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $975 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2019 and a new furnace and central A/C were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No

  Mark Hart Reedy & Company, REALTORS

  3693 Windermere Rd, Memphis, TN 38128
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  /40

  $135,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  4777 Audubon View Cir Unit 1, Memphis, TN 38117

  Rare First Floor Flat in sought after Audubon Square! Wonderful East Memphis Gated Community! Audubon Square offers it all; 3 Pools - 2 Tennis Courts & a Beautiful Clubhouse with wonderful amenities for entertaining! This one bedroom, one bathroom unit is on the Ground level close to it's assigned covered parking spot. Inside find luxury vinyl plank flooring throughout. A Cozy wood-burning

  Chuck House Keller Williams

  4777 Audubon View Cir Unit 1, Memphis, TN 38117
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  /7

  $120,000

  • 3 Beds
  • 1 Bath
  • 918 Sq Ft

  4265 Lisa Cove, Memphis, TN 38127

  13% gross R.O.I- 3BR/1Bath fully Rehabbed home with Warranty. New tenant at $1250 per month. New Roof, HVAC, furnace, New Kitchen, Bathroom, Flooring, Lighting, and Hardware. Do not disturb tenant. Do not miss out on this great cash-flowing home!

  Brett Bernard The Stamps Real Estate Company

  4265 Lisa Cove, Memphis, TN 38127
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  /11

  $115,000

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

  990 N Avalon St, Memphis, TN 38107

  Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

  Michael Bryan Bryan Realty Group

  990 N Avalon St, Memphis, TN 38107
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  /2

  $149,900

  • 4 Beds
  • 4 Baths

  3394 Dungreen St, Memphis, TN 38118

  Leases are in place in this professionally managed duplex in Parkway Village offering immediate cash flow from day one. Features two spacious two-story units, each with 2 bedrooms and 1.5 baths, currently generating $1,590/month gross. Both units rented below market at $795 each, creating built-in upside for the value-add investor. A rare combination of turnkey stability and rent growth potential

  Caleb Parr Renshaw Company, REALTORS

  3394 Dungreen St, Memphis, TN 38118
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  /32

  $175,000

  • 2 Beds
  • 1 Bath
  • 1,360 Sq Ft

  1576 Tutwiler Ave, Memphis, TN 38107

  Charming Midtown bungalow in the Vollintine-Evergreen Historic District! This 2BR gem features hardwood floors, spacious rooms, and a cozy butler’s pantry or office with original wood paneling & built-ins. Enjoy central heat with newer window units for cooling, a separate laundry room, and a large fenced backyard perfect for pets or entertaining. Updated kitchen appliances and ample storage

  Aubrey Tilson Crye-Leike, Inc., REALTORS

  1576 Tutwiler Ave, Memphis, TN 38107
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  /20

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,451 Sq Ft

  423 Laclede Ave, Memphis, TN 38126

  Great Investment Opportunity! This 4 bedroom, 2 bathroom home offers solid potential for a rental portfolio or a profitable flip. Featuring a functional layout with a comfortable living area and well-sized bedrooms. This property is ready for your personal touches. Whether you’re looking to renovate or hold as a long-term rental, the possibilities are endless. Conveniently located near local

  Jeff Goff Keller Williams

  423 Laclede Ave, Memphis, TN 38126
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  /8

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1318 Breedlove St, Memphis, TN 38107

  Sold with Land Parcels 040004 00001 an 040007 00007 Contact the Listing agent to view.

  Jackie Braden Braden, Braden & Braden LLC

  1318 Breedlove St, Memphis, TN 38107
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  /31

  $180,000

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

  1519 S White Station Rd, Memphis, TN 38117

  Fresh 3/2 in the heart of Colonial Acres. The tenants have vacated giving you a great blank canvas to make your own. Inside, you’ll find a smooth, functional layout with 2022 flooring throughout and an updated kitchen from 2022 with good storage and easy flow to the dining and living spaces. The natural light throughout makes the home feel open and comfortable. The lot is level with mature trees

  Amanda Lott BHHS McLemore & Co., Realty

  1519 S White Station Rd, Memphis, TN 38117
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  /32

  $114,000

  • 3 Beds
  • 1.5 Baths
  • 1,278 Sq Ft

  4566 Weaver Rd, Memphis, TN 38109

  Located in the Westwood Downs subdivision, this 3-bedroom, 1.5-bathroom traditional ranch-style home features 1,278 sq. ft. of living space. Built in 1961, the interior includes a separate living room, a spacious kitchen with a breakfast area, a separate den and an 11x11 laundry room. The flooring consists of a combination of tile and carpeting. Exterior features include a brick veneer finish,

  Alexis Martz Trelora Realty

  4566 Weaver Rd, Memphis, TN 38109
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  /18

  $195,000

  • 3 Beds
  • 1 Bath
  • 1,393 Sq Ft

  4584 E Dearing Rd, Memphis, TN 38117

  Fully renovated 3BR/1BA home in East Memphis! Move-in ready with updated kitchen, fresh finishes, and great natural light. Property includes a wired, fully equipped workspace/shed—perfect for storage, hobbies, or office use. Conveniently located near Audubon Park and shopping/dining in the Poplar/Perkins corridor. Strong rental potential with area comps up to $1,500/month. Ideal for investors or

  James Johnson Crestcore Realty, LLC

  4584 E Dearing Rd, Memphis, TN 38117
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  /28

  $194,995

  • 3 Beds
  • 1.5 Baths
  • 1,368 Sq Ft

  1820 W Holmes Rd, Memphis, TN 38109

  Don’t miss your opportunity to tour this beautifully updated 3-bedroom home. Step inside to find a spacious living room and cozy den, perfect for both everyday living and entertaining. The interior showcases a blend of gorgeous hardwood, tile, and terrazzo floors throughout, adding charm and character to every room. Outside, enjoy the privacy of a fully fenced backyard—ideal for relaxing evenings

  Maria Townsend Crye-Leike, Inc., REALTORS

  1820 W Holmes Rd, Memphis, TN 38109
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  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,006 Sq Ft

  5319 Braden Dr, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home just rented out. This could be a great addition to your portfolio. Home was substantially repaired in 2023. Roof, A/C, and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN ACCEPTED

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5319 Braden Dr, Memphis, TN 38127
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  /25

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,334 Sq Ft

  6289 Kirby Downs Dr, Memphis, TN 38115

  Wonderful 2BR/1.5BA Attached Town Home~Huge Great Room w/Brick Fireplace & Ample Natural Light~Spacious Eat-In Kitchen w/Lots of Cabinet Space, Granite Counters & Beautiful Tiled Floors~Laundry Closet and Half Bath Conveniently Located Off Kitchen~Upstairs You'll Find Two Large Bedrooms with Bathroom Between Them~Fenced-In Backyard~Seller is not interested in creative financing or seller

  Jennifer Carstensen Real Estate Agency

  6289 Kirby Downs Dr, Memphis, TN 38115

Showing Results 161 - 200, Page 5 of 18