Memphis, TN Homes for Sale under $200,000

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  /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

  4154 Arrowhead Rd, Memphis, TN 38118
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  /16

  $89,000

  • 3 Beds
  • 2 Baths
  • 1,470 Sq Ft

  4801 James Kent Ct, Memphis, TN 38118

  ?? INVESTMENT OPPORTUNITY – 4801 James Kent Ct, Memphis, TN Investor alert! Don't miss this unique split-level townhouse in Memphis offering immediate rental income with additional upside. ?? Asking Price: $85,000 obo Investment Highlights: Bottom floor currently tenant-occupied at $750/month Split-townhouse layout provides excellent flexibility for investors Opportunity to increase cash flow

  

  Austin Hall

  Evernest Too, LLC

  4801 James Kent Ct, 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

  3734 Townes Ave, Memphis, TN 38122
• 

  

  /2

  $4,000

  • Land
  • 7,405 Sq Ft
  • $23,529 per Acre

  349 Simpson Ave, Memphis, TN 38106

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  349 Simpson Ave, Memphis, TN 38106
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  /14

  $154,900

  • 3 Beds
  • 1 Bath
  • 1,088 Sq Ft

  3639 Brompton Rd, Memphis, TN 38118

  Beautiful new renovated 3-bedroom,1-bath home located in the desirable East area! This well-maintained property offers a spacious layout with a bright living area, functional kitchen, and comfortable bedrooms. The primary suite features a private bath for added convenience. Enjoy a generous backyard—perfect for relaxing or entertaining. Conveniently located near shopping, dining, and major

  

  Sophia Smith

  Keller Williams

  3639 Brompton Rd, Memphis, TN 38118
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  /9

  $160,000

  • 3 Beds
  • 1.5 Baths
  • 1,378 Sq Ft

  3103 Rainier Dr, Memphis, TN 38127

  Welcome to 3103 Rainier Drive! This charming brick home offers 3 bedrooms, 1.5 bathrooms, a functional floor plan, and plenty of potential. Major updates include a newer roof, HVAC system, and water heater, providing added peace of mind. Situated on a spacious, level lot with a patio and convenient driveway parking, this home is an excellent opportunity for an owner-occupant or investor. Schedule

  

  Caleb Hall

  Keller Williams

  3103 Rainier Dr, Memphis, TN 38127
• 

  

  /12

  $45,000

  • 3 Beds
  • 1 Bath
  • 1,352 Sq Ft

  880 Juliet Ave, Memphis, TN 38127

  HUD-owned property being sold As-Is. FHA Uninsurable (UI), but eligible for FHA 203(k) renovation financing—an excellent opportunity for owner-occupants looking to customize a home or investors seeking value-add potential. Cash and conventional financing are also welcome. Buyer to verify all information, including square footage, lot size, schools, utilities, HOA (if applicable), and property

  

  Michael Tally

  Tally Real Estate Group, LLC

  880 Juliet Ave, Memphis, TN 38127
• 

  

  /13

  $160,000

  • 4 Beds
  • 2 Baths
  • 1,333 Sq Ft

  3651 N Trezevant St, Memphis, TN 38127

  Welcome to this spacious four-bedroom, two-bath home offering approximately 1,296 square feet of comfortable living space on a generous lot. With an inviting layout and plenty of room to enjoy, this property offers both charm and potential. Currently leased for $1,500 per month, it presents a wonderful opportunity for investors seeking an income-producing property to add to their portfolio.

  

  Caleb Hall

  Keller Williams

  3651 N Trezevant St, Memphis, TN 38127
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  /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

  683 Hudson St, Memphis, TN 38112
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  /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

  3561 Orchi Rd, Memphis, TN 38108
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  /2

  $6,000

  • Land
  • 4,356 Sq Ft
  • $60,000 per Acre

  356 Cambridge Ave, Memphis, TN 38106

  Lot ready to be developed. Just drive by.

  

  Jo Mathes

  Pinnacle Realty

  356 Cambridge Ave, Memphis, TN 38106
• 

  

  /19

  $115,900

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 935 Sq Ft

  829 Josephine St, Memphis, TN 38114

  Welcome home to this charming renovated 2 BR + 1 Bath home with modern updates throughout. This move-in ready home features fresh interior & exterior paint, new vinyl wood flooring, and updated interior & exterior light fixtures. The kitchen has been refreshed with white shaker cabinets & new countertops, offering a clean and functional space. The bathroom includes a new vanity and updated

  

  Raychel Day

  Renshaw Company, REALTORS

  829 Josephine St, Memphis, TN 38114
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  /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

  1905 Sierra St, Memphis, TN 38128
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  /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

  3299 Bowen Ave, Memphis, TN 38122
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  /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

  3954 Berkshire Ave, Memphis, TN 38108
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  /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

  4942 Byron Rd, Memphis, TN 38122
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  /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

  3070 Guernsey Ave, Memphis, TN 38112
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  /24

  $89,900

  $10K PRICE DROP

  • Land
  • 25,264 Sq Ft
  • $155,000 per Acre

  9385 Greybear Cove, Unincorporated, TN 38018

  Lots,Lots, & more LOTS! (18 to be exact) Here is A rare Opportunity in Shelby County outside the city limits. Discover the perfect setting for your dream home in this beautiful, private gated community. With 18 lots to choose from, you can select the ideal homesite that fits your vision. Enjoy the convenience of city water and sewer, while benefiting from being located in an unincorporated area.

  

  John Stamps

  The Stamps Real Estate Company

  9385 Greybear Cove, Unincorporated, TN 38018
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  /24

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,630 Sq Ft

  3554 Tutwiler Ave, Memphis, TN 38122

  Opportunity is knocking! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this charming duplex is packed with potential. Situated on a spacious. lot, this property offers approximately 1,630 square feet with a total of 4 bedrooms and 2 bathrooms, providing flexibility for a variety of living or investment strategies.

  

  Bang Nguyen

  REMAX Experts

  3554 Tutwiler Ave, Memphis, TN 38122
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  /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

  3570 Faxon Ave, Memphis, TN 38122
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  /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

  655 S Riverside Dr Unit 1008A, Memphis, TN 38103
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  /16

  $99,901

  • 3 Beds
  • 1 Bath
  • 1,102 Sq Ft

  1561 W Dianne Cir, Memphis, TN 38114

  Rare investment opportunity to buy under 100K. Currently rented through 2027. Recently updated and renovated. Property is being offered as a package of 3 properties, all under 100K each. Reach to our listing firm 901 REALTORS, for this and other great properties in the Memphis Area.

  

  Pablo Pereyra

  901, REALTORS

  1561 W Dianne Cir, Memphis, TN 38114
• 

  /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

  4117 Grey Rd, Memphis, TN 38108
• 

  /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

  1195 Wingfield Rd, Memphis, TN 38122
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  /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

  3796 Longfellow Rd, Memphis, TN 38108
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  /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

  2132 Brookline Rd, Memphis, TN 38128
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  /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

  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

  4207 Brenmar Ave, Memphis, TN 38122
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  /11

  $125,000

  $10K PRICE DROP

  • 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

  2452 Saratoga Ave, Memphis, TN 38114
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  /27

  $184,900

  • 3 Beds
  • 2 Baths
  • 1,113 Sq Ft

  7103 Tagen Dr, Memphis, TN 38133

  Come check out this wonderful Home ! Ready for move in and has a large fenced yard and workshop with beautiful landscaping. Close to Wolfchase and Bartlett , this is the perfect home with 3 large bedrooms and 2 bathroom, the primary walk in closet will delight along with the ensuite bathroom.

  

  Pablo Pereyra

  901, REALTORS

  7103 Tagen Dr, Memphis, TN 38133
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  /15

  $129,900

  $5K PRICE DROP

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

  2939 Mountain Terrace St, Memphis, TN 38127

  Step into this inviting 3-bedroom, 2-bath home nestled in a peaceful, established neighborhood. From the moment you arrive, you’ll feel the warmth and care that’s gone into maintaining this lovely property. The bright living area is filled with natural light — perfect for relaxing or spending time with family. The kitchen offers plenty of cabinet space and a layout that makes cooking easy and

  

  Zachary Churchey

  Bealarza Group

  2939 Mountain Terrace St, Memphis, TN 38127
• 

  /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

  3348 Lamphier Ave, Memphis, TN 38122
• 

  

  /27

  $179,999

  $19K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,260 Sq Ft

  7 N Alicia Dr, Memphis, TN 38112

  Great Investment opportunity: 2 bed, 1 updated bath, updated kitchen, ac/plumbing /electrical in working order. *Seller is looking for a quick close. "As Is" Purchase. *Open Floor Plan. Fireplace in great room. Very Nice Updated Kitchen, SS gas stove, SS dishwasher, SS refrigerator. Custom built in whisky barrel bar. Bathroom is very custom, lots of shower heads, nice vanity, large toilet. This

  

  Todd Adams

  Keller Williams

  7 N Alicia Dr, Memphis, TN 38112
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  /16

  $102,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,241 Sq Ft

  663 Lucy Ave, Memphis, TN 38106

  This renovated 3 bed, 1 bath home features fresh paint and LVP throughout. It offers a covered front porch and nice sized shaded back yard, which would be great for entertaining. It has brand new wiring and fixtures throughout that should be trouble free for years to come. This property is in the heart of Soulsville just around the corner from The Stax Museum, the Stax Music Academy, and

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  663 Lucy Ave, Memphis, TN 38106
• 

  /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

  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

  1286 Gherald St, Memphis, TN 38122
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  /9

  $135,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  2982 Shannon Ave, Memphis, TN 38108

  Come see this awesome duplex ! One side is vacant. One side is tenant occupied at $750 a little below market rent of $800-850 per side. Long term tenant and low maintenance brick exterior ! Total rents should be about $1550-1600 a great ROI after expenses. Ready to rent and vacant side can be shown. No showings on tenant occupied side without contract. Do not Disturb Tenants. No sign in yard.

  

  Pablo Pereyra

  901, REALTORS

  2982 Shannon Ave, Memphis, TN 38108
• 

  /2

  $99,750

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  3620 S Lloyd Cir, Memphis, TN 38108

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

  

  Caleb Hall

  Keller Williams

  3620 S Lloyd Cir, Memphis, TN 38108
• 

  /2

  $6,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $35,294 per Acre

  267 W Mckellar Ave, Memphis, TN 38109

  Buyer to do their own due diligence. Please drive by the lot and feel free to walk the property. Cash offers only please. No seller financing.

  

  Tonya McDowell

  The Stamps Real Estate Company

  267 W Mckellar Ave, Memphis, TN 38109
• 

  /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

  1543 Stacey St, Memphis, TN 38108

Showing Results 161 - 200, Page 5 of 18