Memphis, TN Homes for Sale under $200,000

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  /15

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  2011 Lauretta Ave, Memphis, TN 38127

  Turnkey Investment with Instant Cash Flow! Fully renovated and leased with a seasoned tenant in place, this property is professionally managed by a trusted local investment firm. Inside, you’ll find bright, spacious living with hard-surface flooring, an upgraded kitchen, and modernized bathrooms. Professional property management in place. The property is currently leased at $1,195/month through

  James Wachob Foundation Property Management

  2011 Lauretta Ave, Memphis, TN 38127
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  /21

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,329 Sq Ft

  3066 Victoria Park Cove, Memphis, TN 38127

  How soon can you move? You will love this fantastic move-in ready 3BR, 2BA home with 2-car garage, featuring a split bedroom plan, spacious great room with corner gas fireplace, large open kitchen & dining with lots of cabinet space and pantry, primary bedroom with two walk-in closets, en suite bathroom with double sinks...your own private sanctuary, hall bath with double sinks, laundry closet,

  Delois Colvin BenchMark REALTORS, LLC

  3066 Victoria Park Cove, Memphis, TN 38127
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  /20

  $199,900

  • 3 Beds
  • 1 Bath
  • 1,281 Sq Ft

  5165 Sea Shore Rd, Memphis, TN 38109

  This beautiful home right by Robco Lake has been completely overhauled! The kitchen has been expanded and remodeled, with new cabinets & stone countertops in a contrasting black and white. The eat-in area of the kitchen sits by a glass patio door overlooking the backyard. The old carport entry has been expanded to a dedicated dining room as well, so there is a lot of social space here! All new

  Randall Weatherall Memphis Metro Realty

  5165 Sea Shore Rd, Memphis, TN 38109
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  /11

  $115,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  1420 National St, Memphis, TN 38122

  Renovated 2BR/1BA home updated approximately 3 years ago. Currently tenant occupied at $1,000/month on a month-to-month lease, offering immediate rental income with flexibility. These are the most recent pictures of the property. Interior condition may differ from photos. No showings without an accepted offer.

  Kendrick Garcia Fast Track Realty, LLC

  1420 National St, Memphis, TN 38122
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  /11

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,778 Sq Ft

  1677 Beaver Trail Dr, Cordova, TN 38016

  Centrally located in Cordova, this home offers convenient access to shopping, dining, and retail. Motivated Seller!!!Being sold As- Is. The home needs some TLC and is priced accordingly, offering great potential. Refrigerator to remain with an acceptable offer. Earnest money to be held by 4 Success Realty. Seller requests closing with Excel Title & Escrow, 6263 Poplar Ave., Suite submit offers to

  Melody Martin 4 Success Realty, LLC

  1677 Beaver Trail Dr, Cordova, TN 38016
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  /17

  $199,000

  • 5 Beds
  • 2 Baths
  • 1,687 Sq Ft

  3816 Cazassa Rd, Memphis, TN 38116

  Charming 5-bedroom, 2-bath home nestled in the desirable 38116 area! This property offers a warm and functional layout, excellent curb appeal, a convenient carport, and a spacious fenced backyard—perfect for relaxing, entertaining, or making a smart investment. The bright living room features large windows and hardwood floors, creating a warm and inviting atmosphere. The open kitchen provides

  Thomas Zettergren Premier Realty Group, LLC

  3816 Cazassa Rd, Memphis, TN 38116
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  /18

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,300 Sq Ft

  3484 Vernon Ave, Memphis, TN 38122

  Nice Duplex available. Great Investment earning property with 2 bedrooms/1 bath on the Left side and a 1 bedroom/1 bath on the Right side. New windows have been installed in 2 bedroom and 1 bedroom will have new windows soon. *No "subject to" or owner finance offers.

  Jeff Goff Keller Williams

  3484 Vernon Ave, Memphis, TN 38122
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  /8

  $117,900

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

  1869 S Lauderdale St, Memphis, TN 38106

  Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
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  /15

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,375 Sq Ft

  1049 Haynes St, Memphis, TN 38114

  3 bedroom, 2 bath home with detached garage in historical Orange Mound. Fresh paint. Updated plumbing and electrical. HVAC system and roof 5 years old

  Donnie Morrow eXp Realty, LLC

  1049 Haynes St, Memphis, TN 38114
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  /22

  $199,850

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

  4480 Tanbark Ave, Memphis, TN 38128

  PRICE REDUCED OWNER MOTIVATED! GREAT LOCATION, GREAT HOME AND WELL MAINTAINED. (APPROX.) 5 MIN. FROM INTERSTATE I 40 AND APPROX. 5 MIN FROM THE NEW POLICE PRECINCT ON AUSTIN PEAY. BEAUTIFUL 3 BR., SEP. DEN WITH FIREPLACE, SEP. LIV. ROOM & DIN. ROOM, LARGE EAT-IN KIT., 2 & 1/2 BA., 1/2 BA. OFF KIT. AND LAUNDRY ROOM FOR YOUR QUEST. LARGE 2 CAR GARAGE, APPROX. 20X12 STORAGE BUILDING IN BACK YARD AND

  Helen Jackson Good Shepherds Realty & Invest

  4480 Tanbark Ave, Memphis, TN 38128
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  /26

  $162,500

  • 3 Beds
  • 2 Baths
  • 1,627 Sq Ft

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119

  This condo is an upstairs flat with a private entrance at ground level. The spaciousness of this unit allows for numerous possibilities to suit your individual lifestyle. The 2-sided fireplace between the kitchen/dining area and the living room is a wonderful feature that adds to the enjoyment of these 2 areas. There is a separate laundry area adjacent to the kitchen. Covered parking is available

  Bill Bates Crye-Leike, Inc., REALTORS

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119
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  /37

  $121,500

  • 1 Bed
  • 1 Bath
  • 676 Sq Ft

  109 N Main St Unit 710, Memphis, TN 38103

  Welcome to this true one-bedroom high-rise condo offering comfort, convenience, and an unbeatable downtown lifestyle. This thoughtfully designed residence features a fully renovated bathroom with a new modern vanity and an updated tile shower/tub combination. Recently replaced hardwood flooring runs throughout the unit, creating a clean, cohesive look. Enjoy secure, attached parking with direct

  Tracie Gaia BHHS McLemore & Co., Realty

  109 N Main St Unit 710, Memphis, TN 38103
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  /2

  $130,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  1236 Darlow St, Memphis, TN 38122

  Charming 3 bed 1 bath home in 38122. Features a bright living area, functional kitchen, and spacious bedrooms. Large yard perfect for outdoor living. Conveniently located near shopping, dining, schools, and major roads. Great starter or investment property. Currently occupied on a month to month lease, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  1236 Darlow St, Memphis, TN 38122
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  /34

  $104,900

  • 4 Beds
  • 2 Baths
  • 1,681 Sq Ft

  1947 Tulsa Ave, Memphis, TN 38127

  This 1,681 sq. ft. single-story residence in the Minor Terrace subdivision offers a versatile and spacious layout. The interior features four well-proportioned bedrooms and two full bathrooms, including a primary suite with a tile-floored bathroom and a 27x11 family rm. The heart of the home includes an updated kitchen and a separate den that provides flexible space for a home office, recreation,

  Alexis Martz Trelora Realty

  1947 Tulsa Ave, Memphis, TN 38127
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  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,285 Sq Ft

  2310 Theda Ave, Memphis, TN 38127

  Great addition to your investment portfolio. Three bedroom, one bath with an additional room that could potentially be used as a 4th bedroom. Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line. Currently tenant

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
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  /8

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,571 Sq Ft

  3829 Leven Cove, Memphis, TN 38118

  Private Financing Available w/ 3-10% Down* $1,695/mo Monthly Payment (Rent or Loan) Move-in for $5,900! (Lease Purchase) Or... Own for $19,900 Down (Private Finance) Seller Concessions offered! Website: www.slowpad.com *All terms negotiable. Hablamos español.

  Phil Hopewell Results MLS REALTORS

  3829 Leven Cove, Memphis, TN 38118
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  /20

  $169,000

  • 4 Beds
  • 2 Baths
  • 1,196 Sq Ft

  3480 Tallyho Rd, Memphis, TN 38128

  Move-In Ready 4 Bedroom, 2 Bath Home Near Nike & Amazon! This solid all-brick home is built for low-maintenance living, featuring LVP flooring throughout and central HVAC for year-round comfort. The layout gives you plenty of room to spread out, and the fenced, oversized backyard is ready for pets, play, or weekend gatherings. Clean, simple, and easy to make your own—just move in and start

  Amber McCloud Fast Track Realty, LLC

  3480 Tallyho Rd, Memphis, TN 38128
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  /10

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  2272 Hubbard Ave, Memphis, TN 38108

  Beautifully and Fully renovated!!! Nothing to do but move in or add to your investment portfolio! New roof. New kitchen. New baths. Fresh Paint inside & out. New windows. New HVAC system. New flooring throughout. New lighting. Schedule your appointment today!

  LaJuana Miller KAIZEN Realty, LLC

  2272 Hubbard Ave, Memphis, TN 38108
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  /25

  $139,900

  • 3 Beds
  • 1.5 Baths
  • 1,194 Sq Ft

  986 Lagrange Ave, Memphis, TN 38107

  Charming 3 bedroom low-maintenance brick home with fresh updates inside and out. The exterior and interior have been freshly painted in modern, neutral colors, creating a clean and inviting look. Inside, new luxury vinyl plank flooring runs through all main living spaces for style and durability, while the bedrooms feature plush new carpet and pad for comfort. The kitchen shines with new

  Camela Henke Enterprise, REALTORS

  986 Lagrange Ave, Memphis, TN 38107
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  /22

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,600 Sq Ft

  3570 Hallbrook St, Memphis, TN 38127

  **NO WHOLESELLERS!!** Exceptional Investment Opportunity! Discover a charming property situated on a huge desirable lot, featuring 3 spacious bedrooms, a full bathroom, an inviting living room, a cozy den, nice eat-in kitchen, laundry room and more. The original hardwood floors add character and warmth, making it an ideal canvas for your personal touch. Located in a welcoming neighborhood close

  Tonji Cromwell eXp Realty, LLC

  3570 Hallbrook St, Memphis, TN 38127
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  /25

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,270 Sq Ft

  3913 Oak Branch Cir E, Memphis, TN 38135

  Welcome to 3913 Oak Branch, a beautifully maintained home tucked away in 38135 with county tax only! This inviting residence offers a functional layout with comfortable living spaces designed for both everyday living and entertaining. The home features spacious bedrooms, ample closet storage, and a bright, open feel enhanced by natural light throughout. The kitchen provides generous cabinet and

  Eric Crutcher Doorstep Realty

  3913 Oak Branch Cir E, Memphis, TN 38135
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  /15

  $114,900

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

  994 N Perkins Rd, Memphis, TN 38122

  3 Bedroom all Brick home with New Roof in great Macon/Stratford area. Exterior in good shape ~~ interior needs TLC . Bonus room on back~~ Hardwood Floors. Deep Level Lot. Owner Occupants will be prioritized~~HUD's First look Period for first 30 Days.

  Scott Housewirth Crye-Leike Inc., REALTORS

  994 N Perkins Rd, Memphis, TN 38122
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  /9

  $139,500

  • 3 Beds
  • 2 Baths
  • 1,324 Sq Ft

  2747 Merle St, Memphis, TN 38118

  **OCCUPIED PROPERTY**DO NOT DISTURB** Freshley rehabbed rental for sale. New roof, HVAC, Kitchen, Windows, Bath fixtures and more. This property is currently rented at $1,175.00. No showings without bound contract. EMD is $2500 due 2 days after contract is bound, to be held by Saddle Creek Title in Memphis, max of 7 days inspection. Pics are from just before the rehab was fully completed.

  Daniel Sturdivant Bluff City Management, LLC

  2747 Merle St, Memphis, TN 38118
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  /11

  $120,000

  • 3 Beds
  • 2.5 Baths
  • 1,479 Sq Ft

  4639 Addington Dr, Memphis, TN 38128

  Investors only! Wonderful opportunity to buy this 3 bedroom 2.5 bathroom home in Raleigh area. Home has a nice floor plan with large den, plus primary bedroom & private bathroom downstairs and 2 large bedrooms upstairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money offers only. No wholesalers, no assignments, no blind offers. Please do all inspections up front. This property is being

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4639 Addington Dr, Memphis, TN 38128
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  /14

  $158,900

  • 4 Beds
  • 2 Baths
  • 1,670 Sq Ft

  1505 Titus Rd, Memphis, TN 38111

  INVESTOR SPECIAL would work great to add to your portfolio! This 4 Bedroom 2 Home Also also has an above Ground Pool. There is also a MIL quarters out back with 2 bedrooms 1 bath! This has 800 Sq Ft. New Windows, 2 Year 30 Year Shingle Roof!! with New Turbins! Upgraded Ceramic Tile! Do Not Approach the House... Tenants rights. MO to Mo: Front Room $850/mo, Next Room $750/mo Back MIL Quarters for

  Jennifer Clark KAIZEN Realty, LLC

  1505 Titus Rd, Memphis, TN 38111
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  /18

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,422 Sq Ft

  3165 Hopkins Ave, Memphis, TN 38112

  Welcome to 3165 Hopkins Avenue in Memphis! This 3-bedroom, 2-bath home features hard-surface flooring throughout, a bright and spacious living area, and a modern kitchen with large shaker-style cabinets. Enjoy a large fenced backyard with additional storage space—perfect for outdoor living. Central heating and air provide year-round comfort. Don't miss out!

  James Wachob Foundation Property Management

  3165 Hopkins Ave, Memphis, TN 38112
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  /5

  $134,000

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

  3758 Oak Shade Cove, Memphis, TN 38118

  Great investment opportunity! Property was renovated in 2023 with updated LVP flooring, new doors and interior paint. This property is turn key with a tenant in place. Please do not disturb tenant.

  John Quinn REMAX Experts

  3758 Oak Shade Cove, Memphis, TN 38118
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  /19

  $115,000

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

  4037 Graham Oaks Ct Unit 30, Memphis, TN 38122

  Nice two-story, 3 bed 2.5 bath Condo. This property is perfect for a first time home buyer or someone looking to down size with less maintenance. Offering family room with fireplace that opens into a renovated kitchen with stainless steel appliances. Brand new vinyl flooring down stairs and carpeted bedrooms up. Primary bedroom has a newly renovated bathroom and private balcony. Come check it out!

  Tracy Jackson Ray Keller Williams

  4037 Graham Oaks Ct Unit 30, Memphis, TN 38122
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  /11

  $199,500

  • 3 Beds
  • 2 Baths
  • 1,235 Sq Ft

  3856 Innsbrook Dr, Memphis, TN 38115

  Don't miss out on this FULLY REHABBED 3 BR 2 BT JEWEL - THIS SUPER CLEAN PROPERTY FEATURES NEW FLOORING and PAINT THROUGHOUT, BEAUTIFUL LAWN, HUGH EAT IN KITCHEN, GREAT RM W/VAULTED CEILING & WOODBURNING FP

  Gerald Williams KAIZEN Realty, LLC

  3856 Innsbrook Dr, Memphis, TN 38115
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  /3

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,161 Sq Ft

  1232 Vaughn Rd, Memphis, TN 38122

  Amiee Mathis Sowards & Associates, REALTORS

  1232 Vaughn Rd, Memphis, TN 38122
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  /16

  $129,900

  • 2 Beds
  • 1 Bath
  • 872 Sq Ft

  3510 Vernon Ave, Memphis, TN 38122

  Beautiful Newly Remodeled Home – 2 Bedrooms, 1 Bathroom Recent upgrades include: New roofing New drywall (sheetrock) throughout Updated plumbing and electrical systems This charming home has been completely remodeled from top to bottom, offering modern comfort and style. The property features 2 spacious bedrooms and 1 fully renovated bathroom, ideal for small families, couples, or anyone looking

  Itzel Sanchez Bustamante Keller Williams

  3510 Vernon Ave, Memphis, TN 38122
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  /26

  $188,000

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

  435 N Highland St Unit 2, Memphis, TN 38122

  Conveniently located just minutes from UofM, Rhodes, the medical district, and downtown, this spacious 3 BD, 2.5 BA townhome offers comfort, updates, and unbeatable proximity to the best of Memphis. Just across the street from High Point and the Greenline, you'll enjoy easy access to great dining, outdoor rec, and a lively community atmosphere. Inside, the home features a separate living room and

  Carol Stout Ware Jones, REALTORS

  435 N Highland St Unit 2, Memphis, TN 38122
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  /27

  $197,500

  • 1 Bed
  • 1 Bath
  • 959 Sq Ft

  408 S Front St Unit 206, Memphis, TN 38103

  Welcome to Paperworks—one of downtown Memphis’ most distinctive industrial-style condo buildings. This beautifully updated unit features fresh paint, new LVP flooring throughout, custom built-ins, and a new HVAC system. The refreshed kitchen is complete with painted cabinets, leathered granite countertops, new backsplash, and a full suite of stainless steel appliances. Refrigerator, washer, and

  Wendy Quinn Crye-Leike, Inc., REALTORS

  408 S Front St Unit 206, Memphis, TN 38103
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  /25

  $169,500

  • 2 Beds
  • 1 Bath
  • 870 Sq Ft

  384 Mulberry St Unit 203, Memphis, TN 38103

  Location, location! Situated in the heart of the South Main community, this upstairs end unit offers convenience & comfort. With downtown right outside your door, you'll enjoy easy access to shops, dining, & entertainment. Step inside to find everything freshly updated - 2 bedrooms & 1 beautifully renovated bathroom. The open living area has hardwood floors & go throughout the kitchen & hallway &

  Stacey Berry Crye-Leike, Inc., REALTORS

  384 Mulberry St Unit 203, Memphis, TN 38103
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  /24

  $159,000

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

  726 Harahan Rd, Memphis, TN 38109

  This charming one-story brick home features a bright living room perfect for entertaining and relaxing. The open kitchen offers a great space for cooking. The private primary suite includes a spacious bathroom. A second bedroom sits near a full guest bath, while two more bedrooms down the hall provide space for family or work. Out back, enjoy a yard—perfect for relaxing or entertaining. Vinyl

  Donnie Morrow eXp Realty, LLC

  726 Harahan Rd, Memphis, TN 38109
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  /25

  $195,000

  • 3 Beds
  • 1 Bath
  • 1,158 Sq Ft

  3256 N Waynoka Cir, Memphis, TN 38111

  Charming 3-bedroom, 1-bath home in a fantastic East Memphis location—just moments from the Greenline, local parks, and shopping. This home has brand new HVAC, windows, and Crawl Space Enclosure. A wonderful opportunity for first-time buyers or investors seeking a quality East Memphis rental. Inside, you’ll find beautiful hardwood floors and smooth ceilings throughout, creating a warm and inviting

  Amanda Lott BHHS McLemore & Co., Realty

  3256 N Waynoka Cir, Memphis, TN 38111
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  /10

  $105,000

  • 3 Beds
  • 1 Bath
  • 967 Sq Ft

  2512 Kenner Ave, Memphis, TN 38114

  GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom brick home is rented for $1,000/month, to a stable long-term tenant who has occupied the house for 5 years. Lease is good until 5/31/2026. Home was totally refurbished in 2020 and an annual inspection was completed in August 2025 (report available upon request). Another opportunity to add a stable cash flowing asset to your portfolio!

  Jeremy Veldman KAIZEN Realty, LLC

  2512 Kenner Ave, Memphis, TN 38114
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  /26

  $118,000

  • 3 Beds
  • 2 Baths
  • 996 Sq Ft

  3084 Pershing Ave, Memphis, TN 38112

  Beautifully renovated 3 bed, 2 full bath turn-key home featuring a spacious laundry room and large driveway with ample parking. Extra-large backyard perfect for entertaining or pets. Prime central location just minutes to the University of Memphis, Memphis Zoo, and Memphis International Airport. Completely renovated in 2021 and freshly updated again in 2026 for peace of mind. Ideal primary

  Daniel Demers Sell Your Home Services, LLC

  3084 Pershing Ave, Memphis, TN 38112
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  /15

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,547 Sq Ft

  778 Atlantic St, Memphis, TN 38112

  This 3 bedroom, 2 bathroom home offers a solid floor plan and tons of potential for the right buyer. Featuring original hardwood floors in the living room, a spacious den perfect for entertaining, and a small bonus room that can be used as an office, playroom, or extra storage.The hallway bathroom has been renovated, and all appliances will remain with the home. The backyard is fully chain-fenced

  Mirella Bautista The Home Partners Realty

  778 Atlantic St, Memphis, TN 38112
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  /25

  $200,000

  • 3 Beds
  • 1.5 Baths
  • 1,569 Sq Ft

  5034 Quince Rd, Memphis, TN 38117

  Kitchen recently updated w/new countertops & paint. Wonderful large addition of den on back of house with fireplace, built-in bookshelves & breakfast bar area opens kitchen to den. Beautiful hardwood floors. Primary bedroom has a half bathroom. Fenced yard with patio & detached storage/workshop. Good floorplan & solid brick house priced below neighborhood averages for quick sale.

  Melissa Wilbanks Crye-Leike, Inc., REALTORS

  5034 Quince Rd, Memphis, TN 38117

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