Memphis, TN Homes for Sale under $200,000

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  /27

  $195,000

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

  6745 Ross Ridge Dr, Memphis, TN 38141

  Move In by Christmas! This beautifully renovated home is ready for its new owner! Perfect for first-time buyers or investors, this property shines from top to bottom with new everything — including a new roof, new flooring, new stainless steel appliances, renovated bathrooms, and a new water heater. Step inside to discover a welcoming floor plan with the primary bedroom on the main level, a huge

  Verna Littleton Fast Track Realty, LLC

  6745 Ross Ridge Dr, Memphis, TN 38141
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  /15

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,645 Sq Ft

  3287 Boxdale St, Memphis, TN 38118

  INVESTORS ONLY! Tenant occupied property being sold as-is, this property could be a great addition to your rental portfolio. This home has 3 bedrooms and 2 bathrooms and is currently being marketed to investors. Professionally managed by Mid South Best Rentals. Rent is $1150/mo. Deposit was $950. Many homes in this area are being rehabbed and sold for more money. Excellent BRRRR opportunity. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3287 Boxdale St, Memphis, TN 38118
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  /12

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,134 Sq Ft

  5378 Beaverton Dr, Memphis, TN 38127

  Nice 3 bedroom 1 bathroom home that was just recently rehabbed in Fall 2025 and is being offered at a great price. Home has new interior paint, new flooring, new fixtures, plus NO CITY TAXES. This could be a great primary residence or a nice long term investment property if an investor wanted to buy it and rent it. Brick exterior and roof appears to be in good shape. Nothing to do but move-in!

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5378 Beaverton Dr, Memphis, TN 38127
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  /8

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,559 Sq Ft

  4628 Windward Dr, Memphis, TN 38109

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Alex Evans Reedy & Company, REALTORS

  4628 Windward Dr, Memphis, TN 38109
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  /15

  $116,000

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

  1270 Marechalneil St, Memphis, TN 38114

  Solid brick Duplex in the historic Orange Mound community! Each side has 2br and 1 bath, window units for ac and wall heaters. One side occupied at $775 with a long term tenant, the other side is vacant and will need some finishing touches with flooring and paint. Please do not disturb tenants and make all offers contingent upon inspection. Also in a reasonable vicinity to schools, Orange Mound

  Duane Kinnard Tri-Leake Realty

  1270 Marechalneil St, Memphis, TN 38114
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  /18

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,327 Sq Ft

  945 Floyd Ave, Memphis, TN 38127

  Looking to move or invest? This 3-bedroom, 2-bath home could be just what you’re looking for! Sellers have added new laminate flooring, fresh interior paint, and a nicely updated kitchen with new cabinets, countertops, and stainless-steel appliances. The layout includes a large den plus a separate living/dining combo, and there’s even a spacious walk-in closet for extra storage. Out back, you’ll

  Tracie Benetz Emmett Baird Realty, LLC

  945 Floyd Ave, Memphis, TN 38127
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  /12

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,444 Sq Ft

  3403 Kettlebrook Cove, Memphis, TN 38128

  **OCCUPIED PROPERTY**DO NOT DISTURB** Long time rental up fopr grabs. Currently rented at $1395. Fresh exterior repairs, paint and new shutters. This property won't last long. 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.

  Daniel Sturdivant Bluff City Management, LLC

  3403 Kettlebrook Cove, Memphis, TN 38128
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  /8

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,241 Sq Ft

  6523 Wimble Rd, Memphis, TN 38134

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  6523 Wimble Rd, Memphis, TN 38134
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  /18

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,241 Sq Ft

  6521 Wimble Rd, Memphis, TN 38134

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  6521 Wimble Rd, Memphis, TN 38134
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  /9

  $165,000

  • 4 Beds
  • 1 Bath
  • 1,872 Sq Ft

  803 Ledbetter Ave, Memphis, TN 38109

  Fantastic investment opportunity in the Westwood area. This 4br/1 bath single-family home has been recently updated in 2025. Great for an investor or first time homebuyer. Cash flowing with a monthly rental amount of $1495. No wholesaler offers or offers with assignment of contract language will be accepted.TENANT OCCUPIED, PLEASE DO NOT APPROACH OR DISTURB TENANTS

  DonAngela Johnson Crye-Leike, Inc., REALTORS

  803 Ledbetter Ave, Memphis, TN 38109
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  /18

  $128,000

  • 3 Beds
  • 2.5 Baths
  • 1,485 Sq Ft

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134

  Terrific opportunity for a savvy buyer. Wonderfully located condo for sale at a great price, this three bedroom two and a half bath home features a great layout, breakfast bar, two dens, a covered patio, covered parking and so much more. Property needs minor repairs and cosmetics to be your dream home!

  William Haynes Crye-Leike, Inc., REALTORS

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134
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  /15

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,210 Sq Ft

  3794 Donna Dr, Memphis, TN 38127

  $1300- CASH FLOW PROEPRTY. Leased until November 2026. 4 Bedroom, 2 Bath in a great location! Fully rehabbed on a huge corner lot. New roof, Electrical Panel, Condenser, Hot Water Heater, Fresh Exterior Paint. Refinished Wood Floors and Tile. New Bathrooms, New Kitchen fixed with modern lighting. NO WHOLE SALE- NO OWNER FINANCED OFFERS- DO NOT DISTURB TENANT, inspection with accepted offer only.

  Brett Bernard The Stamps Real Estate Company

  3794 Donna Dr, Memphis, TN 38127
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  /21

  $169,900

  • 3 Beds
  • 2 Baths
  • 1,262 Sq Ft

  4797 Helene Rd, Memphis, TN 38117

  Check out this move in ready home. It has a fresh coat of paint, and its very clean. There is a lot to love about this East Memphis home priced to sell. Brand new roof, furnace only a couple of years old, and the condesor inside the AC was changed at the same time. Nice font porch runs the length on the home, and the home sits on a nice hill. Fully fenced yard with both a carport and a detache

  Jaime Osborn Weichert, REALTORS-BenchMark

  4797 Helene Rd, Memphis, TN 38117
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  /21

  $199,900

  • 3 Beds
  • 1.5 Baths
  • 1,491 Sq Ft

  3261 Gatewood Dr, Memphis, TN 38134

  Updated 3-bedroom, 1.5-bath home featuring a separate living room and den. The large backyard includes a 20x14 wired workshop, storage building, and covered deck that's perfect for entertaining or hobbies. Recent updates include a New Roof (2022), New Windows (2023), a New AC unit (2025), a New Fence (2025), and a New Furnace (2023). This well-maintained home offers space, comfort, functionality,

  Jessica Walls KAIZEN Realty, LLC

  3261 Gatewood Dr, Memphis, TN 38134
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  /19

  $184,900

  • 3 Beds
  • 2 Baths
  • 1,576 Sq Ft

  3034 Bannockburn Rd, Memphis, TN 38128

  Low Maintenance 3 Bedroom, 2 Bath House in Scenic Hills ~ Harwood Floors ~ Covered Entry ~ Foyer ~ Formal Living Room ~ Den with Fireplace ~ Formal Dining Room ~ Kitchen Overlooking Backyard ~ Breakfast Nook~ Primary Bedroom with Private Bath ~ 2 Additional Bedrooms & Full Bath in Hallway ~ Covered Back Patio with Built-in Grill ~ Fenced in Backyard

  Christy Gowen Keller Williams

  3034 Bannockburn Rd, Memphis, TN 38128
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  /8

  $110,900

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  1499 Hamilton St, Memphis, TN 38114

  Completely renovated 3 bed/1 bath home in an established neighborhood. This house is like new! Perfect for first time homebuyers as it's move in ready. Or great home for investors seeking an income producing property.

  Yolanda Taylor KAIZEN Realty, LLC

  1499 Hamilton St, Memphis, TN 38114
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  /24

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,060 Sq Ft

  3307 Guernsey Ave, Memphis, TN 38122

  Discover this beautifully renovated 3-bedroom, 1-bath home nestled in the Highland Heights neighborhood. Featuring modern updates throughout, this charming residence offers an open and inviting living space. The fenced yard provides privacy and a safe outdoor area, perfect for gatherings or pets. Step outside onto the inviting deck—ideal for entertaining or relaxing on warm summer evenings. Don’t

  Jeff Bennett Hobson, REALTORS

  3307 Guernsey Ave, Memphis, TN 38122
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  /22

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,498 Sq Ft

  3207 W Shirley Cir, Memphis, TN 38127

  Great Frayser area rental! Recently rehabbed and ready for the savvy investor to add to the portfolio. Cash flowing from Day 1! This property has a brand new architectural shingle roof, updated kitchen and baths, new flooring, fresh paint and is currently rented for $1,150. Please do not disturb tenants make offers contingent on inspection.

  Stephen Akindona Kairos Realty

  3207 W Shirley Cir, Memphis, TN 38127
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  /22

  $199,000

  • 1 Bed
  • 1.5 Baths
  • 1,161 Sq Ft

  521 Summitt St, Memphis, TN 38104

  Location! Location! Excellent Price! Adorable Updated Cottage in Midtown's Lenox Neighborhood-1 Bedroom 1 1/2 Bath-Soaring Ceilings-Hardwood Floors-Adorable Kitchen w-Granite Countertops-Includes All Appliances-Sun Filled Enclosed Back Porch/Mudroom-Large Primary Bedroom-Updated 1 1/2 Baths-Fully Fenced Backyard-Amazing Covered Front Porch-Storage Shed-Off Street Parking-Steps from Overton

  Melody Bourell Marx-Bensdorf, REALTORS

  521 Summitt St, Memphis, TN 38104
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  /14

  $189,400

  • 3 Beds
  • 2 Baths
  • 1,425 Sq Ft

  4487 E Dearing Rd, Memphis, TN 38117

  Adorable 3/2 plus bonus room that can be used as a 4th bedroom, office, play room, home gym, etc. FULLY updated to include all new floors throughout, fresh paint, updated kitchen & appliances and bathrooms. All relatively young systems for peace of mind! Roof 5-6yr, water heater 1yr, AC 5-6yr, furnace 10yr. Tenant occupied but can be conveyed vacant. Do not disturb tenant! *No Sign in yard* Call

  Lindsay Jenkins Real Estate Agency

  4487 E Dearing Rd, Memphis, TN 38117
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  /10

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  4250 Trudy St, Memphis, TN 38128

  Charming 3-bedroom, 1-bath home nestled in the desirable 38128 area! Completely renovated in 2021, this move-in-ready property features a new roof, updated water heater, and a warm, functional layout. Enjoy excellent curb appeal and a spacious fenced backyard—perfect for relaxing, entertaining, or making a smart investment.

  Thomas Zettergren Premier Realty Group, LLC

  4250 Trudy St, Memphis, TN 38128
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  /30

  $189,900

  • 4 Beds
  • 3 Baths
  • 2,500 Sq Ft

  3395 Mckenzie St Unit 35581, Memphis, TN 38118

  Beautiful 2 story house 4 bedrooms 3 baths ~ New HVAC ~ Freshly painted interior & exterior ~ Big Living room with chimney ~ Big back yard with shed / garage in the back ~ Come see this house today!

  Itzel Sanchez Bustamante Keller Williams

  3395 Mckenzie St Unit 35581, Memphis, TN 38118
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  /13

  $184,900

  • 3 Beds
  • 2 Baths
  • 1,250 Sq Ft

  1003 Garland St, Memphis, TN 38107

  Discover this beautifully renovated and truly move-in-ready 3BD/2BA home offering comfort, style, and convenience in a central Memphis location! Step inside to an open floor plan filled with natural light, complemented by modern neutral paint and hard flooring throughout - no carpet! The kitchen features stylish finishes and flows seamlessly into the dining area and spacious living room, perfect

  Michael Bryan Bryan Realty Group

  1003 Garland St, Memphis, TN 38107
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  /15

  $110,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3284 Valley Stream Cove, Memphis, TN 38128

  Ideal for a first-time homebuyer or an investor looking to hold and rent. This is a comfortable 3-bedroom and 1-bath home with the interior freshly Painted, new flooring, and other updates. Conveniently located near two big warehouses, Amazon and Nike.

  Africa McCloy Crye-Leike, Inc., REALTORS

  3284 Valley Stream Cove, Memphis, TN 38128
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  /16

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,494 Sq Ft

  54 Bonita Dr, Memphis, TN 38109

  Check out this 3-bedroom, 2-bath home featuring a living room, dining room, and a spacious den/great room. Enjoy wood flooring and carpet in select areas. Perfect for an owner-occupant or a great addition to your investment portfolio!

  Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

  54 Bonita Dr, Memphis, TN 38109
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  /28

  $197,800

  • 3 Beds
  • 2 Baths
  • 1,559 Sq Ft

  4025 E Whitehaven Park Cir, Memphis, TN 38116

  This Unique Style Home has been completely remodeled from inside-out.This 3 bedrm, 2 full bath home offers a spacious split floor plan w/oversized bedrooms. It offers just the right touch of elegance & style to satisfy any buyer type. The kitchen sparkles with stainless steel appliances & also boast w/ all new cabinetry. The kitchen also transitions into the lovely dining/breakfast & living area,

  Tarsha Coleman BEST Real Estate Company

  4025 E Whitehaven Park Cir, Memphis, TN 38116
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  /15

  $145,000

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  6481 Summer Creek E, Memphis, TN 38141

  Lovely 3 bedroom 2 bathroom home with new interior paint, OPEN FLOOR PLAN (great layout for entertaining), nice backyard, and super convenient location. Well maintained property (seller is planning on installing a new roof and making lender required repairs with acceptable offer). Seller will help with closing costs, provide a new stove, and/or provide a home warranty with an acceptable offer.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  6481 Summer Creek E, Memphis, TN 38141
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  /18

  $119,500

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

  3766 Argonne St, Memphis, TN 38127

  Reduced for a quick sale. Fully rehabbed 3BR with NEW roof, NEW Kitchen, NEW half bath + laundry. Large 0.44-acre lot. Beautifully refinished hardwood floors throughout. FHA/VA/Conventional

  Candice Thomas Vylla Home

  3766 Argonne St, Memphis, TN 38127
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  /14

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,096 Sq Ft

  2701 Frayser Blvd, Memphis, TN 38127

  Completely Renovated & Move-In Ready! This charming 3BR, 1BA brick home has been fully updated from top to bottom. Features include a new roof, new windows, new flooring throughout, and an updated kitchen and bath. A new HVAC system will be installed prior to closing for added peace of mind. Perfect for an owner-occupant or investor looking for a turnkey property. Vacant and easy to show—schedule

  Caleb Parr Renshaw Company, REALTORS

  2701 Frayser Blvd, Memphis, TN 38127
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  /11

  $113,950

  • 2 Beds
  • 1 Bath
  • 894 Sq Ft

  3393 Carrington Rd, Memphis, TN 38111

  Investor friendly home! Fully remodeled with brand new roof, windows, bathroom, kitchen, and appliances. Currently occupied at $1,150/mo. Do not disturb tenant. Showing after accepted offer only. 1 year home warranty offered! Add this to your portfolio!

  Alden Dixon Grant & Co., REALTORS

  3393 Carrington Rd, Memphis, TN 38111
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  /12

  $174,900

  • 4 Beds
  • 2 Baths
  • 1,490 Sq Ft

  710 Hudson St, Memphis, TN 38112

  Step into this fully renovated 4-bedroom, 2-bath home featuring modern updates while maintaining its classic 1930s character. The open-concept layout flows beautifully from the bright living area into a stylish kitchen with updated cabinetry, stainless steel appliances, and plenty of counter space. Spacious bedrooms and two refreshed bathrooms offer comfort and functionality for the whole family.

  Geraldine Lewis Keller Williams

  710 Hudson St, Memphis, TN 38112
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  /28

  $199,000

  • 1 Bed
  • 1.5 Baths
  • 1,239 Sq Ft

  485 S Front St Unit 201, Memphis, TN 38103

  Bright, Beautiful & Spacious (1239 Sq ft) Condo located in wonderful South Main location! Fabulous Renovations include new quartz counters & porcelain tile back splash, new Kitchen flooring, new carpet & freshly painted interior! Refreshed bath with new tile shower surround! Sparkling clean unit with updated light & creamy white's & neutral colors. Great looking Kitchen w breakfast bar, opens to

  Barbie Dan Ware Jones, REALTORS

  485 S Front St Unit 201, Memphis, TN 38103
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  /27

  $164,999

  • 3 Beds
  • 1 Bath
  • 1,012 Sq Ft

  1507 Mount Moriah Rd, Memphis, TN 38117

  Seller offering 3% toward buyer closing costs with acceptable contract! Welcome to a beautifully updated 3-bedroom, 1-bathroom gem in sought after Colonial Acres. This move-in-ready home blends classic charm with modern upgrades, offering comfort and style in a prime location. Step inside to discover hardwood floors that flow throughout the living areas, creating a warm and inviting atmosphere.

  Rebecca Edwards Keller Williams

  1507 Mount Moriah Rd, Memphis, TN 38117
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  /4

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,046 Sq Ft

  3623 N Lloyd Cir, Memphis, TN 38108

  Welcome to 3623 N Lloyd Cir, a charming 3-bedroom, 1-bathroom home offering solid rental income and long-term potential. This well-maintained property is tenant-occupied, currently rented at $1,100 per month, providing instant cash flow for investors from day one. With attractive curb appeal, a practical layout, and strong investment fundamentals, this home is an excellent opportunity for those

  Jonathan Nunez Fast Track Realty, LLC

  3623 N Lloyd Cir, Memphis, TN 38108
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  /29

  $125,000

  • 5 Beds
  • 2.5 Baths
  • 1,860 Sq Ft

  1245 Quinn Ave, Memphis, TN 38106

  Full of character and potential, this 1948 home is ready to be brought back to life! With 4 bedrooms, 2.5 baths, original hardwood floors, and the charm of classic craftsmanship, it’s the perfect canvas for your renovation vision. The finished basement with half bath adds bonus space and endless possibilities. Whether you’re dreaming of restoring its vintage beauty or creating a modern showplace,

  Charlene Bailey Exit Realty Blues City

  1245 Quinn Ave, Memphis, TN 38106
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  /26

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  2535 Clearpark Dr, Memphis, TN 38127

  Move-in ready and affordably priced, this charming 3-bedroom, 2-bathroom home offers comfort and convenience for any lifestyle. The large backyard is perfect for entertaining or relaxing outdoors. Don't miss this incredible opportunity to own a beautiful home that is ready for you to move right in!!

  Randell Richmond eXp Realty, LLC

  2535 Clearpark Dr, Memphis, TN 38127
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  /23

  $187,000

  • 2 Beds
  • 2 Baths
  • 1,125 Sq Ft

  6677 Millers Pond Cir, Memphis, TN 38119

  One level home in the gated community of Millers Pond. Centrally located near Highway 385. Items to remain with the home: Stainless steel frig, microwave, stove, dishwasher, washer and dryer. Both bathrooms have been updated. This one will go fast! Call showingtime for an appointment.

  Connie Farina C21 Home First, REALTORS

  6677 Millers Pond Cir, Memphis, TN 38119
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  /15

  $179,000

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  66 Monroe Ave Unit 304, Memphis, TN 38103

  2BR/1BA Condo in Historic Shrine Building Downtown! Spacious kitchen w/breakfast bar open to living room w/natural light from 2 large windows. Hardwood floors in living areas. Primary & 2nd BR (or bonus room) w/full bath between. Building amenities: pool, sauna, fitness room, on-site storage & rooftop deck w/river views. Steps from AutoZone Park, FedEx Forum & all Downtown Memphis dining &

  Terrance Hill eXp Realty, LLC

  66 Monroe Ave Unit 304, Memphis, TN 38103
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  /25

  $170,000

  • 2 Beds
  • 1.5 Baths
  • 1,136 Sq Ft

  5867 Park Ave Unit 5867, Memphis, TN 38119

  Discover this exquisite 2-bedroom, 1.5-bathroom condo nestled in a picturesque gated community. Newly remodeled with modern finishes, this stunning residence combines stylish design with ultimate comfort, offering a perfect blend of convenience and tranquility. Enjoy an inviting open-concept living area, ideal for entertaining or relaxing after a long day. Dive into the refreshing community pool

  David Schuler McWaters & Associates

  5867 Park Ave Unit 5867, Memphis, TN 38119
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  /5

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,560 Sq Ft

  4344 Snowmass Ln, Memphis, TN 38141

  THIS IS MAJORITY BRICK HOME LOCATED IN SOUTHEAST MEMPHIS. WITH 203K LOAN THE HOUSE COULD BE MADE YOUR HOME. IF YOU ARE A BUYER WITH IMAGINATION THEN THIS COULD BE THE HOME YOU WERE LOOKING FOR. CONTACT AGENT FOR AVAILABILITY OF PROPERTY. THIS HOUSE WILL NOT GO FHA OR VA.

  Juan Brooks Process Realty Services

  4344 Snowmass Ln, Memphis, TN 38141

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