Memphis, TN Homes for Sale under $200,000

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  /13

  $129,000

  • 3 Beds
  • 1.5 Baths
  • 1,218 Sq Ft

  1084 Rutland Rd, Memphis, TN 38114

  Investor special in East Memphis! Ideal for any investor looking for cash flowing properties with little maintenance as home was turnkey in the past few years. Tenant in place paying $1045 and been there for 5 plus years! Current lease ends in September. All capex items replaced in 2020. Call listing agent for details. Access upon accepted offer. Do not disturb tenants.

  Andrew Akins CB Properties of Memphis, LLC

  1084 Rutland Rd, Memphis, TN 38114
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  /10

  $117,000

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Wonderful home for sell at a great price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more. Book your tour today! This would make a lovely home or wonderful investment property! Seller also has 3043 Coleman Ave for sell.

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
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  /35

  $159,000

  • 1 Bed
  • 1 Bath
  • 906 Sq Ft

  655 S Riverside Dr Unit 606A, Memphis, TN 38103

  Clean, well-kept, 1BR/1BA available in Rivertower at South Bluffs. This condo has a beautifully renovated bathroom, spacious living area, and balcony with Mississippi River and Harahan Bridge views. ALL UTILITIES INCLUDED in the monthly COA fee, and the condo comes 1 covered parking space #61A. Rivertower has onsite management, 24 hour security, guest parking, a huge outdoor pool, tennis court,

  Mike Parker The Firm

  655 S Riverside Dr Unit 606A, Memphis, TN 38103
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  /4

  $130,000

  • 2 Beds
  • 1 Bath
  • 1,872 Sq Ft

  1740 Brown Ave, Memphis, TN 38107

  Duplex investment opportunity with strong rental potential near Rhodes College and North Pkwy. Each unit offers solid layout with value-add upside. Estimated market rents approx. $900per unit. Property is being sold as-is. Buyer to verify all information including rents, expenses, and condition. Cash preferred. Contact listing agent for additional details or showing instructions. Please send

  Ashley Claunch Premier Realty Group, LLC

  1740 Brown Ave, Memphis, TN 38107
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  /24

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,343 Sq Ft

  5156 Windcrest Rd, Memphis, TN 38116

  Beautifully Renovated & Spacious Home – Don’t miss this stunning, home featuring 3 spacious bedrooms and 2 modern bathrooms,bonus. Enjoy the updated kitchen, ideal for cooking and entertaining also a 2 car garage. Reimagined with Style. Refreshed with Care. Ready for You. Step into a beautifully updated home where every detail has been thoughtfully designed. Modern, inviting, and move-in

  Sophia Smith Keller Williams

  5156 Windcrest Rd, Memphis, TN 38116
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  /31

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,025 Sq Ft

  3800 Allandale Ln, Memphis, TN 38111

  PROPERTY CAN BE PURCHASED USING LOAN THATS 100% financing, $0 DOWN & LENDER PAID CLOSING COSTS (Buyer must qualify) ABSOLUTELY AMAZING REMODELED 3 BEDROOM HOME OPEN FLOOR PLAN ON LARGE CORNER FENCED IN LOT WITH SINGLE CAR GARAGE. Exceptional opportunity to live in Sherwood Forest in this move -in ready home positioned on one of the large lots. Great place to play, garden and what an exceptional

  Carrie Benitone Ware Jones, REALTORS

  3800 Allandale Ln, Memphis, TN 38111
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  /17

  $188,800

  • 3 Beds
  • 1.5 Baths
  • 1,210 Sq Ft

  4835 Dianne Dr, Memphis, TN 38116

  This Home Is located, where cuteness meets charm! This home combines timeless elegance with modern updates, designed to impress even the most discerning buyers. Featuring thoughtful refreshments like fresh paint, updated lighting & modernized spaces, that balances comfort with style. The kitchen boast with the right amount of aesthetics, all while transitioning into a comfy & cozy living/great

  Tarsha Coleman BEST Real Estate Company

  4835 Dianne Dr, Memphis, TN 38116
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  /17

  $149,000

  • 3 Beds
  • 2 Baths
  • 1,086 Sq Ft

  3462 Carrington Rd, Memphis, TN 38111

  Fully renovated 3 bed, 2 bath home in the heart of Memphis! Updated kitchen, modern finishes, and spacious layout. Perfect for first-time buyers or investors. Convenient location near shopping, dining, and major roads. Move in ready, schedule your showing today!

  Cesar Lara Fast Track Realty, LLC

  3462 Carrington Rd, Memphis, TN 38111
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,082 Sq Ft

  2232 Amethyst Cove, Memphis, TN 38127

  Excellent investment opportunity in the desirable Georgian Woods Subdivision! Situated on a premium corner lot in a quiet cove, this property offers strong rental appeal and long-term value. Recently updated in 2025, the home features modern luxury vinyl plank (LVP) flooring, updated countertops, sleek black hardware, and a new water heater, providing a fresh and low-maintenance interior. The

  Trevor Wallace Crye-Leike, Inc., REALTORS

  2232 Amethyst Cove, Memphis, TN 38127
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  /13

  $139,000

  • 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
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  /14

  $102,500

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  1450 Lambert St, Memphis, TN 38108

  INvestor Alert! An awesome opportunity to add to your portfolio. This cozy home spans 1,222 square feet and features three bedrooms and one bathroom, offering ample living space without breaking the bank. Located at the quiet end of a cove, the property promises a peaceful living environment, a single-family house available for purchase, ideally suited for buyers looking for a budget-friendly

  James Johnson KAIZEN Realty, LLC

  1450 Lambert St, Memphis, TN 38108
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  /15

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,998 Sq Ft

  3628 Carrington Rd, Memphis, TN 38111

  4BR-2Bath in 38111. Great rehab opportunity. Sold AS IS! Damage from a burst pipe- ARV $215,000-$230,000. No wholesalers or Owner finance offers. House is vacant.

  Marissa Miller The Stamps Real Estate Company

  3628 Carrington Rd, Memphis, TN 38111
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  /2

  $167,000

  • Land
  • 0.77 Acre
  • $216,883 per Acre

  1367 E Mclemore Ave, Memphis, TN 38106

  Vacant residential lot being sold as a package deal with 1379 E McLemore Ave. This additional parcel offers expanded yard space, future building potential, or investment flexibility. Surrounded by mature trees in an established neighborhood, this lot adds both privacy and long-term value to the primary property.

  Everine Johnson Keller Williams

  1367 E Mclemore Ave, Memphis, TN 38106
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  /16

  $150,400

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

  3093 Littlefield Cove, Memphis, TN 38119

  This is the cutest townhouse! New flooring, NO Carpet! 2Bedroom 2.5 Bath, both bedrooms upstairs have private bath. Covered patio for relaxing. It is in a cove so no through traffic. Wrought iron security doors front and back. Lots of closet space! Send any offers to Laurie@johngreen,com

  Laurie Scott John Green & Co., REALTORS

  3093 Littlefield Cove, Memphis, TN 38119
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  /39

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,402 Sq Ft

  3083 Cherry Rd, Memphis, TN 38118

  per seller roof about 3 years old, water heater is about 2 years old, 3 bedrooms + an extra room could be a 4th room, now is 1 bath (seller said used to have the half restroom.)

  Ngoc Quach Germantown Properties

  3083 Cherry Rd, Memphis, TN 38118
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  /30

  $130,000

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  1068 Buckner Rd, Memphis, TN 38122

  Solid brick 3 bed, 1 bath home in the Berclair area offering strong potential for investors and owner-occupants alike. Utilities are on, and a substantial amount of renovation materials are already on-site and included with the sale—estimated to bring the home to approximately 80% completion. At 975 sqft, the property features a functional layout on a level lot with a spacious backyard and

  Elliot Cerezo The Home Partners Realty

  1068 Buckner Rd, Memphis, TN 38122
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  /3

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,149 Sq Ft

  4234 Fizer Ave, Memphis, TN 38111

  INVESTOR SPECIAL! Instant cash-flowing property. Tenant-Occupied. Please do not disturb or approach tenants. Well-maintained, affordable, East Memphis property perfect for an investor’s portfolio. Less than 10 minutes to the UofM. The tenant’s lease just ended, and they are now month-to-month. Currently rented at $1,550 per/mo. They have been in the home for two years and would like to stay. No

  Jason Wallace Keller Williams Realty

  4234 Fizer Ave, Memphis, TN 38111
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  /17

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  2120 Curry Ave, Memphis, TN 38108

  Beautifully renovated and move-in ready! This charming home features 3 spacious bedrooms and 2 full bathrooms across 1,048 sq ft of thoughtfully updated living space. Built in 1998 and completely refreshed, it offers modern comfort with peace of mind. Enjoy a brand-new HVAC system and new hot water heater, ensuring efficiency and reliability for years to come. No Carpet. Plus, a 1-year home

  Tamara Davenport Keller Williams

  2120 Curry Ave, Memphis, TN 38108
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  /25

  $149,000

  • 3 Beds
  • 1 Bath
  • 1,599 Sq Ft

  2405 Forest Ave, Memphis, TN 38112

  Charm and character abound throughout this Classic Midtown home where traditional meets Bungalow. The open floor plan is accentuated by tall ceilings, beautiful mill work and gleaming hardwood floors. Home features 3 bedrooms, 1 bath, gracious living spaces, a large updated kitchen with butler's panty, spacious laundry/mudroom, and office. The chef's kitchen provides a gas range, pantry, and

  Jordan Schieffler Ware Jones, REALTORS

  2405 Forest Ave, Memphis, TN 38112
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  /32

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,083 Sq Ft

  4537 Whiteside St, Memphis, TN 38109

  This solid brick and vinyl residence, built in 1971, offers a functional 3-bedroom, 1-bathroom floor plan encompassing 1,083 sqft. The interior layout is well-suited for efficient living, while the exterior features an attached 1-car garage for secure parking and additional storage. The home is situated on a level 0.195-acre lot in the White Haven/Fairley area, providing a manageable and

  Tiffany Jones Trelora Realty

  4537 Whiteside St, Memphis, TN 38109
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  /18

  $128,000

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  5163 Broken Oak Dr, Memphis, TN 38127

  Move in ready! Freshly painted inside and out. Whether you want an investment property or you want a home for first time buyers or others, come and check this one out. You will see 3 photos with furniture and more that are virtually staged. This home qualifies for special 100% financing for owner occupant buyers so call Saprina Bowman to get details and if you need someone to show it to you.

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5163 Broken Oak Dr, Memphis, TN 38127
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  /34

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  4033 Clearpool Circle Rd, Memphis, TN 38118

  This 1,044 sqft residence, built in 1950, features a traditional 3-bedroom, 1-bathroom interior in the Parkway Village area. Original hardwood flooring spans the living spaces, accented by a character-filled arched entryway that leads from the living room into the kitchen and dining area. The living room is anchored by a focal point stone and large brick fireplace. The kitchen and dining room are

  Tiffany Jones Trelora Realty

  4033 Clearpool Circle Rd, Memphis, TN 38118
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  /35

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,771 Sq Ft

  3220 Christine Rd, Memphis, TN 38118

  Charming one-story home offering 4 bedrooms and a functional layout perfect for comfortable everyday living. This well-maintained property features a spacious living area, a bright kitchen with ample cabinet space, and generously sized bedrooms. The single-level design provides convenience and easy accessibility throughout the home. Enjoy a large yard with plenty of room for outdoor activities,

  Tiffany Jones Trelora Realty

  3220 Christine Rd, Memphis, TN 38118
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  /16

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,712 Sq Ft

  632 N Montgomery St, Memphis, TN 38107

  Charming half of a duplex located in a convenient Memphis location. This property offers a great opportunity for both investors and owner-occupants, featuring a functional layout with comfortable living spaces and strong rental potential. Each side of the duplex is individually maintained, allowing for independent ownership and flexibility. This price is for both units - 632 Montgomery and 1244

  Palmer Gardner CrestCore Realty MphsBrokerage

  632 N Montgomery St, Memphis, TN 38107
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  /9

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,122 Sq Ft

  4905 Fernbrook Dr, Memphis, TN 38118

  Well-maintained 3-bedroom, 1.5-bath home with long-term tenant occupancy. This property presents a great opportunity for investors seeking immediate income or buyers planning for future occupancy. Home has been consistently cared for and offers a functional layout in a convenient location near schools and shopping. Showings by appointment only with advance notice. Please do not disturb tenant.

  Taneisha Lomax C21 Patterson & Assoc. Real Es

  4905 Fernbrook Dr, Memphis, TN 38118
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  /33

  $109,900

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

  5126 Brushwood Dr, Memphis, TN 38109

  Charming South Memphis home located in the desirable Whitehaven area! This well-maintained 3-bedroom, 2-bath, one-story residence features a comfortable layout, spacious living areas, and is nestled in a quiet, established neighborhood. Conveniently situated near Elvis Presley Blvd, schools, shopping, and local amenities, this home offers both comfort and accessibility. Perfect for first-time

  Tiffany Jones Trelora Realty

  5126 Brushwood Dr, Memphis, TN 38109
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  /33

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,386 Sq Ft

  3581 Lehi Dr, Memphis, TN 38128

  This well-maintained 1,386 sqft residence, built in 1963, offers a functional 3-bedroom, 1.5-bathroom layout in the Raleigh/Singleton area. The interior features original hardwood flooring throughout the main living spaces and bedrooms, complemented by durable tile flooring in the kitchen. Washer/Dryer hook-ups in the kitchen for convenience. The exterior is finished with low-maintenance vinyl

  Tiffany Jones Trelora Realty

  3581 Lehi Dr, Memphis, TN 38128
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  /2

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  6090 Selkirk Dr, Memphis, TN 38115

  Check out this 3 bedroom, 2 bath home in Memphis. Primary has a walk-in closet. Large fenced in backyard. Call for appointment.

  Irwin Montgomery TRG Real Estate Services, LLC

  6090 Selkirk Dr, Memphis, TN 38115
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  /13

  $180,000

  • 6 Beds
  • 4 Baths
  • 1,712 Sq Ft

  1244 Tutwiler Ave, Memphis, TN 38107

  Charming Midtown duplex in a highly walkable location near Overton Square, Crosstown Concourse, and the Medical District. This property offers strong rental appeal, new floors, great natural light, and a functional layout with defined living spaces. This price is for both units. Kitchen and bath updates provide a clean, move-in-ready feel. The manageable lot includes off-street parking and a

  Palmer Gardner CrestCore Realty MphsBrokerage

  1244 Tutwiler Ave, Memphis, TN 38107
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  /32

  $184,900

  • 3 Beds
  • 1.5 Baths
  • 1,959 Sq Ft

  4115 Fizer Ave, Memphis, TN 38111

  Charming one-story home featuring 4 bedrooms and a comfortable, functional layout. This property offers a spacious living area filled with natural light, a well-appointed kitchen with ample cabinet space, and generously sized bedrooms. The single-level design provides ease and convenience for everyday living. Enjoy a large yard with plenty of room for outdoor activities, entertaining, or future

  Tiffany Jones Trelora Realty

  4115 Fizer Ave, Memphis, TN 38111
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  /8

  $135,000

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3198 Millwood Rd, Memphis, TN 38109

  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. May qualify for first time home buyers assistance.

  Rodney Porter Assured Real Estate Services

  3198 Millwood Rd, Memphis, TN 38109
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  /11

  $167,000

  • 3 Beds
  • 1.5 Baths
  • 2,676 Sq Ft

  1379 E Mclemore Ave, Memphis, TN 38106

  Opportunity awaits with this spacious 3-bedroom, 1.5-bath home situated on approximately 1.4 acres across two parcels! BRAND NEW HVAC installed December 2025. Water heater is approximately 2 years old. Roof installed July 2009. Built in 1903 and renovated in 1989, this home offers over 2,100+ sq ft, featuring a main living area, separate dining space, and a large step-down den/bonus room with

  Everine Johnson Keller Williams

  1379 E Mclemore Ave, Memphis, TN 38106
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  /24

  $184,900

  • 3 Beds
  • 1 Bath
  • 1,414 Sq Ft

  1621 Kendale Ave, Memphis, TN 38106

  A beautifully refreshed home in the heart of Memphis’ historic Glenview neighborhood. This freshly renovated 1-bedroom, 1-bath property offers 1,414 square feet of character, charm, and modern updates. Step inside to find a bright, open living space featuring refinished floors, a classic fireplace, and abundant natural light. The updated kitchen blends style and functionality with ample

  Austin Rowe Onward Real Estate

  1621 Kendale Ave, Memphis, TN 38106
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  /13

  $155,000

  • 3 Beds
  • 1 Bath
  • 848 Sq Ft

  3534 Rochester Rd, Memphis, TN 38109

  Move-In Ready & Full of Updates! Check out this beautifully maintained 3-bedroom, 1-bath home in immaculate condition! This home features brand-new flooring throughout, an updated bathroom with a stylish tile shower, new tub, and new toilet. You’ll also love the new countertops, updated light fixtures, and fresh paint that give the home a clean, modern feel. Step outside to enjoy a huge

  Kizzy Neder Lawrence Johnson, REALTORS

  3534 Rochester Rd, Memphis, TN 38109
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  /37

  $149,990

  • 4 Beds
  • 2 Baths
  • 1,516 Sq Ft

  1404 Cameron St, Memphis, TN 38106

  Great opportunity for a First Time Buyer and cheaper than renting. This home has been refreshed and ready for a new buyer. Features 4 Bedrooms, 2 Baths, Hardwood / Broken tile flooring. Detached garage for plenty of storage space. Show and Sell today. Won't last long.

  Daryl Lewis Infinity Group REALTORS, Inc.

  1404 Cameron St, Memphis, TN 38106
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  /23

  $140,000

  • 6 Beds
  • 3 Baths
  • 2,744 Sq Ft

  3273 Steele St, Memphis, TN 38127

  Investor Special, Spacious 6-bedroom, 2-bath home situated on a corner lot. This property is perfect for investors or savvy buyers looking for a fixer-upper with strong upside. This home does need repairs and is being sold As Is, making it an ideal opportunity for those ready to bring their vision to life. There is also a unique opportunity to purchase this home as part of a package deal with two

  Candice Hardaway Keller Williams

  3273 Steele St, Memphis, TN 38127
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,547 Sq Ft

  1871 Thrift Ave, Memphis, TN 38127

  Welcome to 1871 Thrift Ave, a charming single-story home full of potential and character. This 3-bedroom, 1-bath. Inside, you’ll find generously sized rooms, including comfortable bedrooms and a dining area, perfect for gatherings and everyday living. New plumbing, New roof, and New electric. The owner is offering a unique investment opportunity with the option to purchase this home as part of a

  Candice Hardaway Keller Williams

  1871 Thrift Ave, Memphis, TN 38127
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  /9

  $116,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
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  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  287 George St, Memphis, TN 38109
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  /27

  $175,000

  • 1 Bed
  • 1 Bath
  • 787 Sq Ft

  2195 Poplar Ave Unit 207, Memphis, TN 38104

  Stylish 1-bedroom, 1-bath second-floor flat directly across from Overton Park Golf Course. This modernized unit features an open floorplan with wood laminate floors, a spacious balcony, and abundant natural light. The kitchen boasts granite countertops, wood cabinetry, a breakfast bar, and stainless steel appliances including a new refrigerator. The bathroom includes a matching stone countertop

  Donnie Morrow eXp Realty, LLC

  2195 Poplar Ave Unit 207, Memphis, TN 38104

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