Memphis, TN Homes for Sale under $200,000

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  /2

  $114,000

  • 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 $825/mo. Professionally managed. Lease expires on 3/30/26.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
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  /2

  $102,750

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

  1030 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 $950/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 669-4348

  1030 Floyd Ave, Memphis, TN 38127
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  /2

  $116,000

  • 4 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  823 Par 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 $1,100/mo. Professionally managed. Lease expires on 3/18/26.

  

  Caleb Hall

  Keller Williams

  (901) 621-8434

  823 Par Ave, Memphis, TN 38127
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  /2

  $110,000

  • 4 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  951 Joel 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 $800/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7556

  951 Joel Ave, Memphis, TN 38127
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  /2

  $102,000

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

  3294 Benjestown Rd, 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. Vacant as of 1/31/26

  

  Caleb Hall

  Keller Williams

  (901) 676-8719

  3294 Benjestown Rd, Memphis, TN 38127
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  /2

  $108,500

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

  803 Par 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 $1,100/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6064

  803 Par Ave, Memphis, TN 38127
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  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph St, 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 $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
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  /2

  $102,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3176 Benjestown Rd, 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 $775/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-2392

  3176 Benjestown Rd, Memphis, TN 38127
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  /2

  $113,000

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

  646 Semple 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 $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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  /2

  $104,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 Early St, 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 $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
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  /2

  $175,205

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

  6656 Millgrove Park Dr, Memphis, TN 38135

  Listing Agent has not entered this property. Property occupied by unaffiliated parties. No showings or access whatsoever while listed. Seller will only consider all cash offers with no contingencies. Property will be sold occupied. No Buyer Inspections or contract with occupants at any time.

  

  Matthew Ford

  The Carter Group LLC, REALTORS

  (901) 808-7134

  6656 Millgrove Park Dr, Memphis, TN 38135
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  /28

  $154,900

  • 1 Bed
  • 1 Bath
  • 762 Sq Ft

  4771 Audubon View Cir Unit 4, Memphis, TN 38117

  This precious 1-BR condo is on the second floor of a gated east Memphis community known for its location, friendly atmosphere and amenities, Audubon Square. The open floor plan is filled with natural light and overlooks a sparkling poo and just steps from the clubhouse. The kitchen has a breakfast bar, pantry and plenty of cabinets. Bedroom has a large walk in closet, pocket office, built ins.

  

  Margie Oneal

  REMAX Experts

  (901) 665-2386

  4771 Audubon View Cir Unit 4, Memphis, TN 38117
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  /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
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  /31

  $195,000

  • 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
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  /19

  $185,000

  • 6 Beds
  • 6 Baths
  • 2,732 Sq Ft

  5580 Apple Blossom Dr, Memphis, TN 38115

  Fantastic investment property. The property has 3 beds, 2.5 baths per side. All bedrooms upstairs both sides. Each side has it's own fenced back yard. 5580 is vacant and rent ready with fresh paint interior and exterior. This unit has LVP through out, central heat and air, and stove and refrigerator. 5582 is rented month to month with long term tenants at $700 per month. It has vinyl downstairs

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 810-8040

  5580 Apple Blossom Dr, Memphis, TN 38115
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  /12

  $100,000

  • 4 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1001 Canary Ln, Memphis, TN 38109

  Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

  

  Jason Miller

  eXp Realty, LLC

  (901) 909-4120

  1001 Canary Ln, Memphis, TN 38109
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  /20

  $164,900

  • 2 Beds
  • 2 Baths
  • 1,197 Sq Ft

  4779 Eagle Crest Dr Unit 3909, Memphis, TN 38117

  Beautiful condo in highly sought-after gated Audubon Square! The largest gated community in TN! This 2-bedroom, 2-bath flat, second-floor unit with 2 private balconies is move-in ready! Spacious living area w/wood-burning FP. Open dining area flows into a nice kitchen with breakfast bar. Pella sliding doors, laminate flooring, updated baths. Enjoy a super convenient East Memphis location with

  

  Margie Oneal

  REMAX Experts

  (901) 641-1120

  4779 Eagle Crest Dr Unit 3909, Memphis, TN 38117
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  /19

  $160,000

  • 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
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  /2

  $144,500

  • 2 Beds
  • 1 Bath
  • 1,158 Sq Ft

  1727 Crump Ave, Memphis, TN 38107

  Investment property on nice street. DO NOT DISTURB OR APPROACH TENANTS. Two bed, one bath home on level large lot with detached garage. Needs updating, great location, close to parks, shopping, restaurants and medical facilities. Seller pays $1200 per month and would like to stay.

  

  Margie Oneal

  REMAX Experts

  (901) 716-5896

  1727 Crump Ave, Memphis, TN 38107
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  /26

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,056 Sq Ft

  4193 Riche Rd, Memphis, TN 38128

  This inviting 3-bedroom, 1.5-bathroom residence offers comfortable living in a quiet, low-traffic neighborhood. Beautiful hardwood floors flow throughout the home, complementing the spacious living room, formal dining room, and eat-in kitchen. The kitchen and full bathroom have been refreshed with new LVT flooring, cabinets, and countertops for a modern, low-maintenance feel. Enjoy a newer roof

  

  Daniel Johnson

  SimpliHOM

  (901) 668-8460

  4193 Riche Rd, Memphis, TN 38128
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  /23

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,205 Sq Ft

  4575 Buffer Dr, Memphis, TN 38128

  Welcome home. This cozy 3 bed, 2 bath home is ideal for an investment property or owner occupant. The living room features high vaulted ceilings with a fireplace as the center piece, and has access to the covered patio. It features central heating and air, plus ceiling fans in each room, LVP flooring throughout, updated bathrooms, a pantry in the kitchen, a breakfast bar, and a nice sized shed in

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 660-9808

  4575 Buffer Dr, Memphis, TN 38128
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  /4

  $150,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,298 Sq Ft

  2440 Sparks St, Memphis, TN 38106

  Step into this beautifully crafted new construction home, designed with quality, comfort, and affordability in mind. Offering three spacious bedrooms and two modern baths, this home features a bright open-concept layout with vaulted ceilings, luxury vinyl plank flooring, and a stunning kitchen complete with brand-new stainless-steel appliances—refrigerator included! Enjoy meal prep on generous

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 668-5522

  2440 Sparks St, Memphis, TN 38106
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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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  /9

  $199,955 New Construction

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

  1055 Shaw Place, Memphis, TN 38126

  Qualified buyers may receive up to $25,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and concrete

  

  Charlene Bailey

  Bespoke Realty

  (901) 883-5210

  1055 Shaw Place, Memphis, TN 38126
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  /2

  $199,955 New Construction

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

  1067 Shaw Place, Memphis, TN 38126

  Welcome to Shaw Place Development—a new residential community in South Memphis . Located directly across from LeMoyne-Owen College and just minutes from the Stax Museum and The Soulsville Charter School, this community blends affordable luxury with modern elegance. There is still time to select your lot and customize your finishes. Whether you're a first-time homebuyer or looking to downsize

  

  Charlene Bailey

  Bespoke Realty

  (901) 910-1238

  1067 Shaw Place, Memphis, TN 38126
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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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  /18

  $185,900

  • 3 Beds
  • 2.5 Baths
  • 1,622 Sq Ft

  3173 Tulip Poplar Dr Unit 5, Memphis, TN 38115

  Discover this thoughtfully updated condo, offering a practical blend of style and convenience. Designed for a turn-key lifestyle, the home features a refreshed interior with contemporary updates that prioritize everyday functionality and comfort. The kitchen serves as a reliable centerpiece, featuring durable granite countertops and a suite of new stainless steel appliances. The ample counter

  Carl Purifoy Home Boss Realty

  3173 Tulip Poplar Dr Unit 5, Memphis, TN 38115
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  /22

  $170,000

  • 3 Beds
  • 1.5 Baths
  • 1,376 Sq Ft

  5140 Blueridge Dr, Memphis, TN 38134

  Charming 3-bedroom, 1.5-bath home offering 1,376 square feet of comfortable living space! This well-maintained property features a classic brick exterior, covered parking, and a spacious backyard with a large covered patio perfect for relaxing or entertaining. Inside, you’ll find a generously sized living area with great natural light and plenty of room to gather. The kitchen offers ample cabinet

  Shanna Greer BHHS McLemore & Co., Realty

  5140 Blueridge Dr, Memphis, TN 38134
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  /15

  $129,900

  • 2 Beds
  • 1 Bath
  • 999 Sq Ft

  745 Harahan Rd, Memphis, TN 38109

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Alex Evans Reedy & Company, REALTORS

  745 Harahan Rd, Memphis, TN 38109
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  /24

  $160,000

  • 2 Beds
  • 1 Bath
  • 892 Sq Ft

  835 Watson St, Memphis, TN 38111

  TENANT OCCUPIED. Charming 2-bedroom, 1-bath home just a short walk from the University of Memphis. Offering 900 sq ft of comfortable living space, it features a bright sunroom off the living area—perfect for relaxing or displaying plants. Hardwood floors run throughout, complementing a modern kitchen with plenty of cabinet and counter space. The bathroom is tastefully updated with tiled floors

  Joshua Moss KAIZEN Realty, LLC

  835 Watson St, Memphis, TN 38111
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  /15

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,830 Sq Ft

  1659 Jackson Ave, Memphis, TN 38107

  Cute Ranch home with hardwood flooring and tall ceilings large office up front could be fourth bedroom off family room 3 bedrooms and 2 full baths nice size kitchen Owner prefers as is sale will provide credit or install ac unit prior to closing

  Frank Pereira Jennae Realty, Inc.

  1659 Jackson Ave, Memphis, TN 38107
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  /20

  $100,000

  • 3 Beds
  • 2 Baths
  • 1,492 Sq Ft

  3978 Kimball Ave, Memphis, TN 38111

  Investor special. Property sold as is. Good bones but requires extensive remodel.

  Patsie Harris-Degraff 4 Success Realty, LLC

  3978 Kimball Ave, Memphis, TN 38111
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  /6

  $144,900

  • 4 Beds
  • 2 Baths
  • 1,694 Sq Ft

  508 E Dison Ave, Memphis, TN 38106

  INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,460/month with long-term, reliable tenants in place. Unit 508 rents for $650 (tenant since 12/1/2018; lease through 11/30/2026). Unit 510 rents for $810 (tenant since 12/1/2023; lease through 12/31/2026). Both tenants are current with excellent payment history. Renovated in 2018 with a new roof, HVAC, water heater, and cosmetic updates.

  Jeremy Veldman KAIZEN Realty, LLC

  508 E Dison Ave, Memphis, TN 38106
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  /21

  $194,900

  • 3 Beds
  • 2 Baths
  • 1,242 Sq Ft

  1727 Euclid Ave, Memphis, TN 38114

  TENANT OCCUPIED. Step into this beautifully updated 3-bedroom, 2-bath home in the highly desirable Cooper Young neighborhood. Completely renovated from top to bottom, it features new luxury vinyl flooring throughout. The kitchen shines with brand-new granite countertops and cabinetry, perfect for any home chef. Both bathrooms have been stylishly upgraded with modern vanities, fixtures, and

  Joshua Moss KAIZEN Realty, LLC

  1727 Euclid Ave, Memphis, TN 38114
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  /19

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,013 Sq Ft

  3829 Ford Rd, Memphis, TN 38109

  Welcome to 3829 Ford Rd, a move in ready 3 bedroom, 1 bath home that offers comfort today with room to add value over time. The layout flows easily from the living area into the updated kitchen with sleek countertops, great storage, and practical everyday function. Major 2023 improvements include the HVAC, water heater, and flooring, along with fresh paint and other recent updates, giving buyers

  James Wachob Foundation Property Management

  3829 Ford Rd, Memphis, TN 38109
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  /13

  $198,500

  • 3 Beds
  • 1 Bath
  • 1,199 Sq Ft

  4402 Boyce Rd, Memphis, TN 38117

  TENANT OCCUPIED. Beautifully renovated home just minutes from Interstate 240, offering easy access to shopping, dining, schools, and entertainment. Conveniently located near Getwell Road and S Perkins Road, this home provides both comfort and accessibility. Recent updates include fresh paint, new cabinetry, a new roof, and all-new flooring throughout. The kitchen features newer cabinets and

  Joshua Moss KAIZEN Realty, LLC

  4402 Boyce Rd, Memphis, TN 38117
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  /11

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,015 Sq Ft

  2634 Harvard Ave, Memphis, TN 38112

  Welcome to your dream home in East Memphis-Colonial-Yorkshire! This 2-bedroom, 1-bath rental offers stylish, modern living with beautiful wood plank flooring throughout. The updated kitchen features quartz countertops, white shaker cabinets, and stainless steel appliances. The bathroom showcases marble-style tile, quartz counters, and designer lighting. Energy-efficient systems add comfort and

  Joshua Moss KAIZEN Realty, LLC

  2634 Harvard Ave, Memphis, TN 38112
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  /11

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,275 Sq Ft

  2910 Southern Ave, Memphis, TN 38111

  Beautifully renovated 2-bedroom, 1-bath home located less than 5 minutes from the University of Memphis and Liberty Bowl Stadium. This move-in ready property features fresh paint, new cabinetry, and all-new flooring, including luxury vinyl throughout. The modern kitchen is equipped with quartz countertops and stainless steel appliances. The bathroom has been fully updated with stylish finishes.

  Joshua Moss KAIZEN Realty, LLC

  2910 Southern Ave, Memphis, TN 38111
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  /2

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,234 Sq Ft

  2552 Ogden Ave, Memphis, TN 38112

  Tenant-occupied property generating $1,150/month with a lease in place through July 2026, providing immediate and stable cash flow. This is a great opportunity for investors looking to add a performing asset to their portfolio without the hassle of vacancy or lease-up. Property is professionally managed and offers strong rental potential in a high-demand area. Please do not disturb the resident.

  Bradley Puckett CB Properties of Memphis, LLC

  2552 Ogden Ave, Memphis, TN 38112
• 

  

  /15

  $117,000

  • 2 Beds
  • 1 Bath
  • 942 Sq Ft

  4864 Bowen Ave, Memphis, TN 38122

  Updated, Move-In Ready & Full of Charm! This beautifully maintained 2 Bed, 1 Bath home is perfect for first-time buyers or anyone seeking easy, affordable living. Enjoy a modern kitchen with newer cabinets, countertops, stove, and tile flooring, plus a bright breakfast room. The updated bath features a new vanity, toilet, and stylish tile. Home features smooth ceilings, 3 window AC units, and a

  Rachel Gilliam Crye-Leike, Inc., REALTORS

  4864 Bowen Ave, Memphis, TN 38122

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