Memphis, TN Homes for Sale under $200,000

• 

  

  

  /4

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,107 Sq Ft

  553 Josephine St, Memphis, TN 38111

  Potential Short Sale!! Home in need of repair Beautiful Home! Perfect for first time homebuyers or empty nesters. Located near University of Memphis and Midtown that’s full of restaurants shopping. Schedule your showings today

  Travis Patterson C21 Patterson & Assoc. Real Es

  553 Josephine St, Memphis, TN 38111
• 

  

  

  /38

  $144,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,889 Sq Ft

  1748 Hester Rd, Memphis, TN 38116

  Welcome to 1748 Hester Rd in Memphis! This charming brick ranch-style home offers great curb appeal with a covered front entry and convenient driveway parking. Inside, the home features neutral colors and abundant natural light throughout. The spacious living room is highlighted by a beautiful brick fireplace and includes two walk-in closets, perfect for storing games, crafts, or extra household

  Christopher Stjernholm Trelora Realty

  1748 Hester Rd, Memphis, TN 38116
• 

  

  /2

  $139,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  3554 Venable Rd, Memphis, TN 38118

  Great investment opportunity in the Oakhaven area. This brick property features 3 bedrooms, 1 bathroom, and an attached carport, making it the ideal project for those looking to remodel and maximize value. It's a home with great potential that needs some repairs, perfect for customizing to your liking. Owner Financing is available! Gran oportunidad de inversión en la zona de Oakhaven. Esta

  Trevor Day My Casa My House

  3554 Venable Rd, Memphis, TN 38118
• 

  

  

  /3

  $145,000

  $5K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 1,946 Sq Ft

  3422 Tutwiler Ave, Memphis, TN 38122

  Turnkey duplex offering strong income potential. One unit features 2 bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, providing flexible rental options. Both units were updated in 2025 prior to current tenants moving in, including fresh interior and exterior paint, updated countertops, new flooring, and other modern touches. Property is currently tenant occupied and cash

  Michael Valenza eXp Realty, LLC

  3422 Tutwiler Ave, Memphis, TN 38122
• 

  

  

  /13

  $140,000

  $10K PRICE DROP

  • 5 Beds
  • 1.5 Baths
  • 1,580 Sq Ft

  5235 Braden Dr, Memphis, TN 38127

  5-bedroom, 1.5-bath home delivers a layout that’s hard to find in today’s market. With multiple bedrooms, this property offers flexibility for large households, multigenerational living, home offices, or income-producing strategies Whether you’re a homeowner looking for room to grow or an investor seeking a high-bedroom-count property with strong rental potential, this home checks the boxes.

  Tia Jennings Keller Williams

  5235 Braden Dr, Memphis, TN 38127
• 

  /2

  $136,000

  $4K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,341 Sq Ft

  4199 Genyth Ave, Memphis, TN 38128

  DO NOT DISTURB TENANTS. Drive by ONLY. This property has a tenant paying $1325.00 a month. Inspection with accepted binded agreement. Tenant on month-to-month lease agreement.

  Erica Reed Crye-Leike, Inc., REALTORS

  4199 Genyth Ave, Memphis, TN 38128
• 

  /2

  $144,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  4305 Creekbed Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,169/month with lease through 4/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4566 Fawn Hollow Cv. listed at $160,000 and rented at $1425. Sold AS-IS. Do not disturb tenant. Inspection granted with accepted offer. Great opportunity to expand your rental

  James Johnson Crestcore Realty, LLC

  4305 Creekbed Cove, Memphis, TN 38141
• 

  

  /21

  $139,000

  • 3 Beds
  • 1.5 Baths
  • 1,103 Sq Ft

  3669 Brookmeade St, Memphis, TN 38127

  Beautifully renovated home located in the established Lambelle Heights subdivision of North Memphis. This property is perfect for a first-time homebuyer seeking comfort, style, and value in a well-established family neighborhood. The home features stunning hardwood floors throughout, updated bathrooms with designer tile finishes, and a functional layout ideal for everyday living. The kitchen

  Anthony Mannie KAIZEN Realty, LLC

  3669 Brookmeade St, Memphis, TN 38127
• 

  /2

  $129,000

  • 3 Beds
  • 2 Baths
  • 1,159 Sq Ft

  3872 Windermere Rd, Memphis, TN 38128

  Tenant occupied. Do no disturb. Currently rented for $1150 month until February 2027. Can be shown with accepted offer.

  Joshua Hisaw Keller Williams

  3872 Windermere Rd, Memphis, TN 38128
• 

  

  /8

  $115,000

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

  404 Stoneham Rd, Memphis, TN 38109

  Welcome to 404 Stoneham. This 3-bedroom, 1-bath home features tile flooring in the bathroom and LVP flooring in the kitchen. Updates include modern lighting fixtures and hardware, refreshed kitchen cabinetry, and a new vent hood. Enjoy a cozy yet spacious living room, large front and backyard, and many more features! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN

  James Wachob Foundation Property Management

  404 Stoneham Rd, Memphis, TN 38109
• 

  /2

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,415 Sq Ft

  1618 Ellsworth St, Memphis, TN 38111

  Excellent investor opportunity in a convenient Memphis location! This well-maintained home offers 3 bedrooms, and an open floor plan that appeals to long-term renters. Most recent updates include a newer water heater (2023). Reliable tenant is in place, currently paying $1250 per month, with a lease secured through June 2026, offering immediate and stable rental income. Tenant would prefer to

  Lisa Hendrickson Groome & Co.

  1618 Ellsworth St, Memphis, TN 38111
• 

  

  /24

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,806 Sq Ft

  1150 Finch Dr, Memphis, TN 38127

  A Hidden GEM! Charming 3 bedroom (possible 4) 2 bath home located in a quiet singular entry (one way in and out) neighborhood. Separate living room and dining room areas. Dining room and Hearth room feature custom built-ins and recessed lighting. Expansive Hearth room with fireplace and walk-in pantry. Kitchen features double oven, electric stove-top, and mounted microwave. Home has cameras

  Linitra Washington KAIZEN Realty, LLC

  1150 Finch Dr, Memphis, TN 38127
• 

  

  /19

  $120,000

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  585 E Parkway S Unit 23, Memphis, TN 38104

  Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available topurchase. 2bd/1bath with patio and parking. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA $200/month.

  Alex Turner Hobson, REALTORS

  585 E Parkway S Unit 23, Memphis, TN 38104
• 

  

  /16

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,563 Sq Ft

  3837 Voltaire Ave, Memphis, TN 38128

  Welcome home to this charming 3-bedroom, 2-bathroom brick ranch in the established Nam Ni Estates of Raleigh. Spanning 1,554 sq. ft., this well-maintained residence features a traditional layout with a spacious den anchored by a cozy fireplace. The floor plan includes a formal living area and an eat-in kitchen, perfect for everyday living. Enjoy a large, level backyard situated on nearly a

  Tiffany Jones Trelora Realty

  3837 Voltaire Ave, Memphis, TN 38128
• 

  

  /33

  $114,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,941 Sq Ft

  3398 Scenic Hwy, Memphis, TN 38128

  Constructed in 1955, this 1,941 sqft single-story residence features a classic brick veneer exterior situated on a spacious 0.403-acre lot. The interior floor plan includes 3 bedrooms and 2 bathrooms, highlighted by original hardwood flooring throughout. The functional layout offers expansive living spaces and traditional features, providing a blend of mid-century charm and utility. Year-round

  Tiffany Jones Trelora Realty

  3398 Scenic Hwy, Memphis, TN 38128
• 

  

  /17

  $129,900

  • 2 Beds
  • 1 Bath
  • 854 Sq Ft

  3589 Faxon Ave, Memphis, TN 38122

  Turnkey & Totally Transformed — Move-In Ready Memphis gem! 3589 Faxon Ave | Memphis, TN | 2 Bed | 1 Bath Why buy old when you can have NEW? This beautifully renovated 2-bedroom, 1-bathroom home with a detached garage was taken down to the studs and brought back to life in 2021 — meaning all the big-ticket items have already been done for you! Step inside and feel the difference. Refinished

  Caleb Parr Renshaw Company, REALTORS

  3589 Faxon Ave, Memphis, TN 38122
• 

  

  /8

  $119,000

  $31K PRICE DROP

  • 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
• 

  

  /15

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,410 Sq Ft

  3872 Philsdale Ave, Memphis, TN 38111

  Great family home close to everything on quiet street no through traffic! Home is completely updated everything new and appliances. Hurry a three bedroom two bath under 200k is hard to find and move in ready with huge back yard!

  dave scott BHHS Taliesyn Realty

  3872 Philsdale Ave, Memphis, TN 38111
• 

  

  /3

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,562 Sq Ft

  3956 Argonne St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,280/month. The lease ends on 05/31/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3956 Argonne St, Memphis, TN 38127
• 

  

  /33

  $180,000

  $20K PRICE DROP

  • 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
• 

  

  /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
• 

  

  /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
• 

  

  /7

  $130,000

  $15K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,281 Sq Ft

  2577 Achaean Ave, Memphis, TN 38127

  Wonderful investment property. If you are looking to start a portfolio or experienced investor this is the 3 bed 2 bathroom property for you. Long term tenant in place. NO SHOWING WITHOUT AN ACCEPTED CONTRACT. PROPERTY BEING SOLD AS-IS. No wholesale.

  Kevin Brown eXp Realty, LLC

  2577 Achaean Ave, Memphis, TN 38127
• 

  

  /25

  $123,000

  $2K PRICE DROP

  • 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
• 

  

  /14

  $135,000

  $4K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,858 Sq Ft

  1908 Macaulay Ave, Memphis, TN 38127

  3BR 2Bath1858 Sq Ft, well maintained home. Has a large yard, in a great neighborhood next to Georgian Park! Currently rented $1,200 per month, with lease expiring November 2026. DO NOT DISTURB TENANT!

  Brett Bernard The Stamps Real Estate Company

  1908 Macaulay Ave, Memphis, TN 38127
• 

  

  /20

  $180,000

  $20K PRICE DROP

  • 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
• 

  

  /8

  $135,000

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3198 Millwood Rd, Memphis, TN 38109

  Tenant Occupied. Please Do not disturb Tenant Beautifully renovated home. Brand New Floors and paint. This home has a huge backyard for gatherings and/or entertaining. Spacious home with lots of upgrades.

  Rodney Porter Assured Real Estate Services

  3198 Millwood Rd, Memphis, TN 38109
• 

  

  /13

  $173,000

  $2K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,841 Sq Ft

  1096 Gordon St, Memphis, TN 38122

  PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.

  Elizabeth Castillo BEST Real Estate Company

  1096 Gordon St, Memphis, TN 38122
• 

  

  /14

  $179,900

  • 8 Beds
  • 2,480 Sq Ft

  1431 Latham St, Memphis, TN 38106

  Property being sold as is - where is. Great investment opportunity on this all brick 4 unit apartment building. All units are 2 bedroom 1 bath units. Some units have wood floors, vinyl floors or concrete floors. All units have the same floor plan. Building offers parking in the rear!

  Matt Wood Chamberwood Realty Group

  1431 Latham St, Memphis, TN 38106
• 

  

  /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
• 

  

  /27

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,279 Sq Ft

  727 Crescent Rd, Memphis, TN 38116

  Well-maintained brick home featuring a desirable open floor plan with a spacious layout ideal for everyday living and entertaining. The kitchen and bathrooms are finished with granite countertops, complemented by new appliances for a modern touch. This home offers a great combination of functionality, durability, and style—move-in ready and easy to maintain.

  Marija Tomic ResiAmerica, Inc.

  727 Crescent Rd, Memphis, TN 38116
• 

  

  /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
• 

  

  /19

  $159,999

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  1565 S Parkway E, Memphis, TN 38106

  Beautifully renovated 3-bedroom, 1-bath home featuring modern updates throughout! Enjoy brand-new flooring, stylish kitchen cabinets, and smooth ceilings that give the home a clean, contemporary feel. The bathroom has been fully updated with fresh finishes. Outside, you'll find a long driveway with plenty of parking-comfortably fitting up to 5 cars. This move-in ready home offers great value at

  Flor Bernal Crye-Leike, Inc., REALTORS

  1565 S Parkway E, Memphis, TN 38106
• 

  /2

  $130,000

  $15K PRICE DROP

  • 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
• 

  

  /19

  $130,000

  • 2 Beds
  • 2.5 Baths
  • 1,477 Sq Ft

  3722 Fern Ridge Rd, Memphis, TN 38115

  Located in the desirable Deer Creek community, this townhome offers a fantastic opportunity for buyers looking to add value. Featuring 2 bedrooms, each with a private bathroom, plus a half bath downstairs for guests, the layout is both functional and convenient. The home includes a spacious great room with a fireplace, wet bar, and built-in shelving, perfect for entertaining or relaxing. The

  Ben Strauch Skyline Realty

  3722 Fern Ridge Rd, Memphis, TN 38115
• 

  

  /21

  $175,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,684 Sq Ft

  4326 Ann Arbor Ln, Memphis, TN 38128

  Tucked away in a quiet neighborhood, this charming brick home offers 3 bedrooms and 2 full baths with plenty of space to enjoy. The home features a single-car carport and a large backyard complete with an open patio and storage shed—perfect for relaxing or entertaining. Inside, you'll find a welcoming living room and dining room just off the entry. The spacious kitchen offers ample cabinet and

  Adrian Adair-Boyland REMAX Experts

  4326 Ann Arbor Ln, Memphis, TN 38128
• 

  

  /11

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  3844 Ajanders Dr, Memphis, TN 38127

  **********Tenant occupied – please do not disturb tenant. No showings without an accepted offer. ************ Well-maintained 4-year-old home conveniently located near major employers including Nike and Amazon. This 4-bedroom, 2-bath home features an open-concept living area that flows seamlessly into the kitchen, complete with a center island ideal for meal prep and gathering. The home also

  Ben Strauch Skyline Realty

  3844 Ajanders Dr, Memphis, TN 38127
• 

  

  /7

  $180,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,024 Sq Ft

  3741 Faxon Ave, Memphis, TN 38122

  Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3741 Faxon Ave, Memphis, TN 38122
• 

  

  /26

  $179,900

  • 3 Beds
  • 1.5 Baths
  • 1,130 Sq Ft

  1601 Delmont Rd, Memphis, TN 38117

  Charming and move-in ready! This well-maintained home features 3 bedrooms, 1.5 baths, a spacious family room, separate dining room and an inviting kitchen designed for everyday living. Fresh interior paint and original hardwood floors add warmth and character throughout, while tile flooring in the baths and durable vinyl flooring in the kitchen offer easy maintenance. Stove and microwave are only

  Carol Iverson Crye-Leike, Inc., REALTORS

  1601 Delmont Rd, Memphis, TN 38117
• 

  

  /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

Showing Results 201 - 240, Page 6 of 18