Memphis, TN Homes for Sale under $200,000

• 

  

  /2

  $198,170

  • 4 Beds
  • 2 Baths
  • 1,724 Sq Ft

  4120 Hemingway Ave, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $1275 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  4120 Hemingway Ave, Memphis, TN 38128
• 

  

  /2

  $156,940

  • 3 Beds
  • 1 Bath
  • 1,121 Sq Ft

  2270 Devoy Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $650 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  2270 Devoy Ave, Memphis, TN 38108
• 

  

  

  /15

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,392 Sq Ft

  2283 Cassie Ave, Memphis, TN 38127

  Turnkey investment opportunity in Memphis with a tenant already in place paying $1,575 per month. Seller is offering a rate buydown for qualified DSCR buyers, creating an attractive financing opportunity. Additionally, a 1-year home warranty is included. Tenant is responsible for all utilities and landscaping, helping simplify ownership and property management. The home was completely renovated

  

  Alissa Anderson

  KAIZEN Realty, LLC

  2283 Cassie Ave, Memphis, TN 38127
• 

  

  /2

  $167,580

  • 3 Beds
  • 1 Bath
  • 1,027 Sq Ft

  943 Waring Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $950 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  943 Waring Rd, Memphis, TN 38122
• 

  

  

  /13

  $77,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  1458 Stevenson St, Memphis, TN 38106

  This 2 bed single family home in Memphis offers a move in ready layout on a generous corner lot, answering the common buyer question about finding an affordable home with space to enjoy outdoors. This 728 sqft single family home built in 1948 and set on a 6,464 sqft lot that provides a big backyard and room to relax or create outdoor space that fits your lifestyle. Inside, hardwood flooring runs

  

  Christopher Lucas

  eXp Realty, LLC

  1458 Stevenson St, Memphis, TN 38106
• 

  

  /5

  $100,000

  • Land
  • 5 Acres
  • $20,000 per Acre

  987 S Weaver Rd, Memphis, TN 38109

  5 lots for a total of 5+ acres 987 Weaver Rd, 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

  

  Jason Miller

  eXp Realty

  987 S Weaver Rd, Memphis, TN 38109
• 

  /2

  $69,900

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  842 Restbrook 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 11/30/25.

  

  Caleb Hall

  Keller Williams

  842 Restbrook Ave, Memphis, TN 38127
• 

  /2

  $166,250

  • 3 Beds
  • 1.5 Baths
  • 1,377 Sq Ft

  848 N Highland St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $780 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  848 N Highland St, Memphis, TN 38122
• 

  

  /18

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,334 Sq Ft

  1165 Rayner St, Memphis, TN 38106

  

  Leaser Coleman

  Empire Realty, LLC

  1165 Rayner St, Memphis, TN 38106
• 

  

  /18

  $79,900

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122

  Welcome to market 3967 Grahamdale Circle in the Grahamwood community. This low-maintence 3-bedroom, 2-bath home offers 1344 square feet of functional living space. Rentals are permitted, offering flexibility for owner-occupants or investors seeking income potential. This semi open concept floorplan features a spacious living room and dining room combo with a cozy fireplace, breakfast bar kitchen,

  

  Raychel Day

  Renshaw Company, REALTORS

  3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122
• 

  /2

  $90,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,325 Sq Ft

  3014 Spottswood Ave, Memphis, TN 38111

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $995/month, lease ends 6/2/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Contact a local realtor and make your offer today!

  

  Jordan Ray

  eXp Realty, LLC

  3014 Spottswood Ave, Memphis, TN 38111
• 

  

  /11

  $78,000

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 808 Sq Ft

  572 Burlington Cir, Memphis, TN 38127

  Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 2-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $725 per mo. ***DO

  

  Tara Woodley

  Zach Taylor Real Estate

  572 Burlington Cir, Memphis, TN 38127
• 

  

  /13

  $85,000

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

  3240 N Watkins St, Memphis, TN 38127

  Great opportunity! This property is currently zoned for commercial use and is ready to operate, but it can be converted to residential use by making interior modifications to meet residential code requirements. This property already features many important updates, including a new roof, HVAC system, water heater, fresh interior and exterior paint, an updated electrical system with new interior

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  3240 N Watkins St, Memphis, TN 38127
• 

  /2

  $25,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,012 Sq Ft

  1493 South Ave, Memphis, TN 38106

  Unlock the potential of 1493 South Ave! Whether you're an investor expanding your portfolio or a buyer looking for a property to customize, this home offers endless possibilities. Property is being sold strictly as-is. Seller to make no repairs or warranties regarding the condition of the property.

  

  Leaser Coleman

  Empire Realty, LLC

  1493 South Ave, Memphis, TN 38106
• 

  

  /11

  $169,900

  New Construction $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,204 Sq Ft

  2584 Tutwiler Ave, Memphis, TN 38112

  ***Price reduced! Motivated seller!*** Brand new home in an established area. Perfect starter home for a family or great investment property! New construction & exceptional value way under $200K. Open and airy new construction with lots of light & modern touches. Just minutes from Broad Street, Memphis Zoo & Rhodes College, you will be close to shopping, restaurants, parks, schools, and

  

  Anna Thomas

  Keller Williams

  2584 Tutwiler Ave, Memphis, TN 38112
• 

  

  /26

  $178,000

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,360 Sq Ft

  3703 Parfet Cove, Memphis, TN 38128

  Seller offering Rate Buy Down to Buyers and a 1 year everything warranty!! Why buy someone else's problems when you can have everything new? This home is in the finishing stages of construction. Projected to be completed July 31st! Pick your paint colors and selections now! Reserve the lot today with a small deposit. Images are of another home with the same floorplan. Home will look very similar

  

  Alissa Anderson

  KAIZEN Realty, LLC

  3703 Parfet Cove, Memphis, TN 38128
• 

  

  /26

  $178,000

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,360 Sq Ft

  4438 Sunny View Dr, Memphis, TN 38127

  High projected ROI with this turn key new construction. Owner offering rate buy down option with DSCR loan. 4438 Sunny View Dr presents an opportunity to acquire a newly constructed, turn key single family rental property. This 4 bedroom, 2 bath residence was purpose built for long term rental durability, offering investors immediate cash flow potential combined with appreciation upside, tax

  

  Alissa Anderson

  KAIZEN Realty, LLC

  4438 Sunny View Dr, Memphis, TN 38127
• 

  

  /28

  $178,000

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  4439 Sunny View Dr, Memphis, TN 38127

  Seller offering Rate Buy Down to Buyers and a 1 year everything warranty!! Why buy someone else's problems when you can have everything new? This 4 bed, 2 bath home on Sunny View Drive is move in ready and waiting for its first family to call it home. The open concept living space gives your family room to gather and make memories. The fully equipped kitchen comes with a range, dishwasher, and

  

  Alissa Anderson

  KAIZEN Realty, LLC

  4439 Sunny View Dr, Memphis, TN 38127
• 

  /2

  $55,000

  • 2 Beds
  • 1 Bath
  • 877 Sq Ft

  659 Craft Rd, Memphis, TN 38116

  Great home to rent or owner-occupancy. Featuring: Living/Dining combo and two bedrooms. The property is being sold as-is with all faults. Easy to show!

  Darlene Butler The Peyton Co., Inc., REALTORS

  659 Craft Rd, Memphis, TN 38116
• 

  /2

  $5,000

  $7K PRICE DROP

  • Land
  • 14,810 Sq Ft
  • $14,706 per Acre

  55 E Brooks Rd, Memphis, TN 38109

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  55 E Brooks Rd, Memphis, TN 38109
• 

  

  /35

  $59,900

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 745 Sq Ft

  2997 Walnut Grove Rd Unit 3, Memphis, TN 38111

  Experience Gated Living in a quiet community for an unbelievably affordable price. Walnut Grove Co-op is Truly a little gem of a community hidden in East Memphis. Two bedrooms, 1 bath, with hardwood floors and renovated kitchen. This unit has 1 new high eff. HVAC system 2024 furnace and compressor. New gas hot water heater 2022, high efficiency storm windows throughout, new kitchen cabinets,

  Jeff Bennett Hobson, REALTORS

  2997 Walnut Grove Rd Unit 3, Memphis, TN 38111
• 

  

  /35

  $169,900

  $20K PRICE DROP

  • 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
• 

  

  /32

  $129,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,777 Sq Ft

  5360 Haleville Rd, Memphis, TN 38116

  Well-maintained single-story brick home in Eason Hills. This 3-bedroom, 2-bathroom residence features over 1,700 sq. ft. of living space, including a massive living room and functional dining area. Highlights include updated flooring and counters, a private primary suite, and a large, level, fenced-in backyard. Includes a 1-car carport and extra parking pad. Near Whitehaven schools and amenities.

  Alexis Martz Trelora Realty

  5360 Haleville Rd, Memphis, TN 38116
• 

  

  /25

  $199,000

  • 2 Beds
  • 3 Baths
  • 1,272 Sq Ft

  540 Peabody Square, Memphis, TN 38104

  Move-in ready and beautifully updated, this 2-bedroom condo at 540 Peabody Sq. offers stylish, low-maintenance living in a prime Memphis location. The thoughtfully designed floor plan features one full bath and two half baths, providing convenience and flexibility for everyday living and entertaining. Updated finishes throughout create a fresh, inviting feel, making this home truly turnkey. Enjoy

  Katy Q Gillespie Crye-Leike, Inc., REALTORS

  540 Peabody Square, Memphis, TN 38104
• 

  /2

  $80,000

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

  948 Pearce St, Memphis, TN 38107

  Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  948 Pearce St, Memphis, TN 38107
• 

  

  /33

  $64,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 990 Sq Ft

  4177 University St, Memphis, TN 38127

  Welcome to this charming 1970s ranch featuring a timeless brick and vinyl exterior. The front of the home is highlighted by a series of large, arched windows that flood the interior with natural light. Inside, you will find original hardwood flooring throughout the main living areas and all three bedrooms. The floor plan features a seamless flow between the kitchen and dining areas, creating an

  Christopher Stjernholm Trelora Realty

  4177 University 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
• 

  

  /17

  $173,900

  • 2 Beds
  • 2 Baths
  • 1,068 Sq Ft

  269 Looney Ave, Memphis, TN 38107

  Conveniently located near Downtown Memphis, this move-in ready 2-bedroom, 1-bath home offers easy access to I-240, the Medical District, major employers, shopping, dining, and entertainment. Recent updates include modern fixtures and finishes throughout. Enjoy a private, fenced courtyard perfect for relaxing or entertaining, along with gated parking for added security and peace of mind. Interior

  Dawn Kinard Welch Realty, LLC

  269 Looney Ave, Memphis, TN 38107
• 

  /2

  $5,000

  • Land
  • 2,178 Sq Ft
  • $100,000 per Acre

  1312 James St, Memphis, TN 38106

  Seller also selling 0 James (Parcel ID: 026028 00025) and 1318 James (Parcel ID: 026028 00021), can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1312 James St, Memphis, TN 38106
• 

  

  /9

  $110,000

  • 1 Bed
  • 1 Bath
  • 757 Sq Ft

  6692 Whispering Oak Place Unit 3, Memphis, TN 38120

  Perfect alternative to renting! This charming ground-level 1-bedroom, 1-bath condo with a versatile study is nestled in a lovely community on the edge of Germantown. The open floor plan features beautiful luxury vinyl plank flooring throughout, with tile in the kitchen and bath for easy maintenance. The study offers the perfect space for a home office, reading nook, or guest area. Enjoy the

  Kim Jones Faith Management & Realty Grou

  6692 Whispering Oak Place Unit 3, Memphis, TN 38120
• 

  /2

  $150,000

  • 3 Beds
  • 1.5 Baths
  • 1,354 Sq Ft

  4577 Bogart St, Memphis, TN 38116

  Add a performing rental to your portfolio with this 3-bedroom, 1.5-bath home offering approximately 1,355 square feet of living space. Currently leased at $1,200 per month, this property provides immediate income from day one, making it an attractive option for both seasoned and first-time investors. The home features a functional floor plan, spacious living areas, and a large lot with room to

  Garth Ward eXp Realty, LLC

  4577 Bogart St, Memphis, TN 38116
• 

  

  /24

  $189,900

  $10K PRICE DROP

  • 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
• 

  /2

  $5,000

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  598 Williams Ave, Memphis, TN 38126

  Great opportunity to build on a vacant residential lot in Memphis. Convenient location with easy access to shopping, dining, and major roadways. Buyer to verify lot size, utilities, zoning, and any building requirements.

  Crystal Mitchell Renshaw Company, REALTORS

  598 Williams Ave, Memphis, TN 38126
• 

  

  /9

  $129,000

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,399 Sq Ft

  895 Enfield Rd, Memphis, TN 38116

  Welcome home to this charming Whitehaven property featuring 2 bedrooms, 1 full bath, and a spacious 2-car garage. Conveniently located near shopping centers, restaurants, public transportation, and major roadways, this well-maintained home offers both comfort and accessibility. Pride of ownership shows throughout, making this property a great opportunity for homeowners or investors

  David Anthony KAIZEN Realty, LLC

  895 Enfield Rd, Memphis, TN 38116
• 

  

  /10

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,035 Sq Ft

  4499 Range Line Rd, Memphis, TN 38127

  ATTENTION INVESTORS! PRICE REDUCED! GREAT CASH FLOW OPPORTUNITY! Tenant-occupied 3BR/1BA home renting for $895/month with a stable long-term tenant and lease through May 2026. Renovated in 2022 with new floors, updated kitchen and bath, fresh paint, and much more! Water heater replaced in 2024; roof approx. 5 years old. Professionally managed, maintenance report and tenant ledger available upon

  Jeremy Veldman KAIZEN Realty, LLC

  4499 Range Line Rd, 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
• 

  

  /4

  $12,500

  • Land
  • 20,908 Sq Ft
  • $26,042 per Acre

  3024 Sax Rd, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  3024 Sax Rd, Memphis, TN 38109
• 

  

  /11

  $168,000

  • 3 Beds
  • 1 Bath
  • 1,083 Sq Ft

  4624 Leatherwood Rd, Memphis, TN 38117

  Cash flowing property for sale in Sea Isle neighborhood! Home rents for $1475 and is professionally managed. Lease ends January 2027. Call listing agent for details. Do not disturb tenants and access granted upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  4624 Leatherwood Rd, Memphis, TN 38117
• 

  

  /34

  $109,900

  $10K PRICE DROP

  • 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
• 

  

  /5

  $14,995

  • Land
  • 10,890 Sq Ft
  • $59,980 per Acre

  0 Dublin Dr Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114

  Buyers/investors build your personal home or brand-new rental property on this beautiful green lot! This is truly the promised land of opportunity and no other area compares to this exclusive subdivision in Magnolia. Last lot for sale in this subdivision! Private showings available.

  Mitanni Spruill The Spruill Agency, LLC

  0 Dublin Dr Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114

Showing Results 201 - 240, Page 6 of 18