Memphis, TN Homes for Sale under $200,000

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  /26

  $165,000

  • 4 Beds
  • 2 Baths
  • 2,746 Sq Ft

  1429 Greendale Ave, Memphis, TN 38127

  SPACIOUS!! Bring your buyers to see this 4BR, 2BA home. Beautiful brick exterior with large covered front porch. Large rooms, Living/Dining combo, large eat-in kitchen and Bonus TV Room. All on one floor...carpet thru-out! Perfect home for entertaining.

  John Payne BEST Real Estate Company

  1429 Greendale Ave, Memphis, TN 38127
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  /15

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,430 Sq Ft

  6379 S Fawn Hollow Cir, Memphis, TN 38141

  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

  6379 S Fawn Hollow Cir, Memphis, TN 38141
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  /7

  $107,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4857 Shayne Ln, Memphis, TN 38109

  Welcome to 4857 Shayne Ln, Memphis, Tennessee 38109! This versatile 3-bedroom, 1-bath home offers a great opportunity for both investors and homeowners. Featuring stylish LVP floors throughout, a spacious living area, and a modern kitchen with sleek white shaker cabinets, it’s a perfect blend of comfort and functionality. Central heating and air ensure year-round comfort, and the large fenced

  James Wachob Foundation Property Management

  4857 Shayne Ln, Memphis, TN 38109
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  /12

  $130,000

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

  779 Chatwood Cove, Memphis, TN 38122

  Conveniently located duplex with two 2-bedroom, 1.5-bath units, both currently occupied. Great investment opportunity! Combined or individual offers on the units are welcome.

  John Quinn REMAX Experts

  779 Chatwood Cove, Memphis, TN 38122
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  /22

  $165,000

  • 11 Beds
  • 3,780 Sq Ft

  249 Caldwell Ave, Memphis, TN 38107

  No showings without an accepted offer. Offers must be contingent upon inspections. Please do not disturb tenants. Property is family occupied; no leases available. Cash or Conventional financing only. Property sold AS-IS, will be delivered vacant. Originally 8 - 1BR/1-BA units, now believed to be reconfigured into 2 units (3BR/2BA), 2 units (2BR/2BA), and 1 unit (1BR/1BA). Buyer to verify unit

  Cynthia Murrell The Regal Group

  249 Caldwell Ave, Memphis, TN 38107
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  /11

  $199,000

  • 3 Beds
  • 2.5 Baths
  • 1,835 Sq Ft

  4433 E Mallory Ave, Memphis, TN 38117

  Check out this great home at 4433 E Mallory Ave! It has 3 bedrooms, 2.5 bathrooms, and a nice open layout that feels bright and welcoming. It also comes with a detached 2-car carport—perfect for extra parking or storage. A solid, comfortable home in a great spot.

  Thomas Zettergren Premier Realty Group, LLC

  4433 E Mallory Ave, Memphis, TN 38117
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  /13

  $126,000

  • 3 Beds
  • 1 Bath
  • 1,030 Sq Ft

  901 Chesterton Dr, Memphis, TN 38127

  Beautifully updated 3BR/1BA home at 901 Chesterton Rd—currently tenant-occupied and producing rental income. Recent updates include exterior paint; repaired siding, soffit, fascia, porch, and concrete; new exterior lighting; fenced backyard; and refreshed landscaping with new plants and mulch. Interior improvements feature new flooring, drywall and ceiling repairs, fresh paint throughout, updated

  James Wachob Foundation Property Management

  901 Chesterton Dr, Memphis, TN 38127
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  /3

  $175,000

  • Land
  • 1.4 Acres
  • $125,000 per Acre

  3451 Ridgeway Rd, Memphis, TN 38115

  This CMU-1 Commercially zoned lot is 1.4 +/- Acres in a great location with nearby Apartment communities, single family homes, businesses and churches. Great Road frontage and visabillity! Seller willing to entertain Owner-Financing option

  John Cornes Braden, Braden & Braden LLC

  3451 Ridgeway Rd, Memphis, TN 38115
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  /4

  $150,000

  • Land
  • 0.53 Acre
  • $283,019 per Acre

  4150 E Shelby Dr, Memphis, TN 38118

  Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  4150 E Shelby Dr, Memphis, TN 38118
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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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  /21

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,064 Sq Ft

  5387 Cedar Bluff Dr, Memphis, TN 38127

  Welcome to this move-in ready 3-bedroom, 1.5 bath home priced to sell. Enjoy a bright, practical floor plan and a large backyard ieeal for gatherings or pets. An affordable option that delivers both indoor comfort and outdoor space-don't miss this one!

  Randell Richmond eXp Realty, LLC

  5387 Cedar Bluff Dr, Memphis, TN 38127
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  /10

  $109,900

  • 2 Beds
  • 1 Bath
  • 902 Sq Ft

  952 Barbara Dr, Memphis, TN 38108

  Charming all-brick home that has been renovated and is move-in ready! The seller will install a brand-new stove and central heating & air conditioning before closing. Just minutes from midtown, Overton Park, shopping, dining, and easy access to the expressway. This one is a must-see! Please schedule showings through Broker Bay.

  Robert Stone Keller Williams

  952 Barbara Dr, Memphis, TN 38108
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  /2

  $173,700

  • Land
  • 29.6 Acres
  • $5,868 per Acre

  0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127

  Tremendous investment opportunity for those looking to build! HUGE parcel of land in a popular area of 38127, directly behind Hawkins Mill Elementary. This is near the new Amazon & Nike facilities. Affordable price per acre, frontage along Hawkins. Over 29 acres offered. Could be a great development one day. There was additional adjacent acreage that was recently bought by another owner so a lot

  Tyler Tapley Crye-Leike, Inc., REALTORS

  0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127
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  /11

  $160,000

  • 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, and plenty of counter space. Spacious bedrooms and two refreshed bathrooms offer comfort and functionality for the whole family. Enjoy fenced backyard—ideal

  Geraldine Lewis Keller Williams

  710 Hudson St, Memphis, TN 38112
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  /5

  $100,000

  • 3 Beds
  • 2 Baths
  • 984 Sq Ft

  1353 Gill Ave, Memphis, TN 38106

  There is additional home on the property with 1bed/1bath kitchenette and living room.

  Donita Ingram-Brim Doorstep Realty

  1353 Gill Ave, Memphis, TN 38106
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  /9

  $180,000

  • 3 Beds
  • 1 Bath
  • 1,127 Sq Ft

  1141 S White Station Rd, Memphis, TN 38117

  TENANT OCCUPIED at $1,500 through June 2026. Please do not disturb tenant. Offered as a package sale with 1343 S Perkins. Fully updated property with new windows & HVAC as well as updated kitchen & bathroom. Add this property to your portfolio today!

  Reed Rickenbach RE PROS LLC

  1141 S White Station Rd, Memphis, TN 38117
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  /15

  $152,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  814 Colonial Rd, Memphis, TN 38117

  Great Investor Opportunity! Selling As-Is and Needs some TLC! Cash buyers only.

  Elizabeth Hendricks Groome & Co.

  814 Colonial Rd, Memphis, TN 38117
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  /5

  $175,000

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

  2922 Semmes St, Memphis, TN 38114

  New Construction – now underway! 3 bed, 2 bath, 1,000 heated sq ft. Estimated completion October 15, 2025. Showings allowed during construction. Buyers who go under contract early may have the opportunity to select finishes like paint, flooring, and lighting. Contact listing agent for floor plans, renderings, and weekly progress updates.

  Cesar Lara Fast Track Realty, LLC

  2922 Semmes St, Memphis, TN 38114
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  /18

  $114,900

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

  4625 White Fox St, Memphis, TN 38109

  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

  4625 White Fox St, Memphis, TN 38109
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  /40

  $133,800

  • 2 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  232 S Highland St Unit 608, Memphis, TN 38111

  "The Edinborough" is the lifestyle that you want to live in the heart of Memphis with a 24/7 Doorman. ( 3% closing costs help w/ a full price offer)This exclusive 2 bedroom, 2 bath condominium has a 6th floor corner view of the swimming pool. Close to White Station Schools & The University of Memphis. Lots of countertop & cabinet space in kitchen. New hot water heater, new floor in dr, new

  Robert Farris Crye-Leike, Inc., REALTORS

  232 S Highland St Unit 608, Memphis, TN 38111
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  /2

  $130,000

  • 4 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  4826 Leonard Rd, Memphis, TN 38109

  PROPERTY BEING SOLD WITH NO INTERIOR ACCESS PRIOR TO CLOSE**DO NOT TRESSPASS OR CONTACT OCCUPANTS**House is being sold AS-IS thru Auction Means~~4 bedroom 1.5 Baths, with Single carport.

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
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  /31

  $109,900

  • 3 Beds
  • 1 Bath
  • 983 Sq Ft

  5573 Millbranch Rd, Memphis, TN 38116

  This cute all brick ranch-style home features 3 bedrooms, 1 full bath, a carport with a storage closet. Boasting great bones and endless potential. Great for an investor or first time home buyer. Nice spacious backyard.

  Alexis Martz Trelora Realty

  5573 Millbranch Rd, Memphis, TN 38116
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  /11

  $120,000

  • 2 Beds
  • 1 Bath
  • 1,043 Sq Ft

  3580 Allandale Ln, Memphis, TN 38111

  REDUCED!!! Move in ready!!! Cute cottage home in sought after Sherwood Forest Subdivision. Great for first time homebuyer. Down Payment assistance may be available with local lenders. Recent interior paint and new laminate floor installed in bedroom. Close to schools, and interstate. Large fenced in back yard. Cute cottage home for first time homebuyer or investor. Lovely Sherwood Forest Walking

  Toni Withers Stewart Crye-Leike, Inc., REALTORS

  3580 Allandale Ln, Memphis, TN 38111
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  /7

  $180,000

  • 3 Beds
  • 1 Bath
  • 1,132 Sq Ft

  1343 S Perkins Rd, Memphis, TN 38117

  TENANT OCCUPIED at $1,450 through December 2026. Please do not disturb tenant. Offered as a package sale with 1141 S White Station. Fully updated property with new windows, remodeled kitchen & bath. Add this property to your portfolio today!

  Reed Rickenbach RE PROS LLC

  1343 S Perkins Rd, Memphis, TN 38117
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  /7

  $145,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,195 Sq Ft

  3644 Sunrise St, Memphis, TN 38127

  Brand-new construction with tons of potential! This beautiful 3-bedroom, 2-bath home is approximately 90% complete and ready for your personal touch. Enjoy an open floor plan with great natural light and a spacious layout designed for comfortable living. Finish the final details exactly the way you like , flooring, fixtures, and paint, and make it your dream home. Conveniently located near parks,

  Patricia Padial KAIZEN Realty, LLC

  3644 Sunrise St, Memphis, TN 38127
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  /18

  $182,000

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

  2589 Browning Ave, Memphis, TN 38114

  This 3-bedroom, 2-bath home offers an open floor plan, stainless steel appliances, and a spacious kitchen island perfect for cooking, gathering, or unwinding after a long day. Custom security doors at the front and back entrances provide added peace of mind. This move-in ready, newer-construction home blends style, function, and affordability. Whether you’re purchasing your first home or seeking

  Tondia Shotwell-Bouie Crye-Leike, Inc., REALTORS

  2589 Browning Ave, Memphis, TN 38114
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  /9

  $115,000

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

  4218 Wagon Wheel Dr, Memphis, TN 38127

  INVESTORS ONLY! This 3bed 2bath home is tenant occupied and currently being rented at $1100/mo. This is a great investment property to add to any portfolio. It was built in 1990! Many homes in this area are being rehabbed and sold for a lot of money. ONLINE VIDEO AVALIBLE UPON REQUEST. Home is professionally managed (lease, ledger, and repair history available upon request). No Creative Or

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4218 Wagon Wheel Dr, Memphis, TN 38127
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  /31

  $199,000

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

  3330 Highland Park Place, Memphis, TN 38111

  Great Opportunity in 38111! This classic 2-bedroom, 1-bath Midtown bungalow offers 1,180 square feet of potential and charm. Inside, you'll find original hardwood floors, a cozy living room with a fireplace, and a separate dining area with great natural light. The kitchen leads to a spacious backyard with mature trees — perfect for relaxing or entertaining. A bonus sunroom provides extra flex

  Robert Hunt Epique Realty

  3330 Highland Park Place, Memphis, TN 38111
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  /20

  $195,000

  • 3 Beds
  • 2.5 Baths
  • 1,753 Sq Ft

  4262 Balboa Cir Unit 27A, Memphis, TN 38116

  This townhouse will be completely renovated. 3 bedrooms and 2.5 bathrooms. approx 1753 sq ft. This home will have new everything. New roof, siding, cabinets and more. There might still be time for you to make some selections in this home. We have products for you to choose from. Don't wait too long. This property will not last long. Close to Fedex, the airport and expressways. There are grants

  Francyetta Seward C21 Patterson & Assoc. Real Es

  4262 Balboa Cir Unit 27A, Memphis, TN 38116
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  /28

  $157,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3681 Natalie Dr, Memphis, TN 38128

  Welcome home to 3681 Natalie Dr! This charming 3-bedroom, 2-bath home features a bright and inviting living area, a spacious kitchen with plenty of storage, and a backyard perfect for gatherings. Conveniently located near shopping, schools and easy access to major highways, this home offers both comfort and convenience.

  Nyssa Kizer Regency Realty, LLC

  3681 Natalie Dr, Memphis, TN 38128
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  /19

  $169,900

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  720 Rosebanks Rd, Memphis, TN 38116

  720 Rosebanks Rd underwent a full interior and exterior renovation, including fresh paint, updated lighting, new HVAC (Carrier), landscaping, flooring, kitchen upgrades, and modern fixtures—making it fully rent-ready and low-maintenance for investors. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent PROFESSIONAL PROPERTY MANAGEMENT IN PLACE.

  James Wachob Foundation Property Management

  720 Rosebanks Rd, Memphis, TN 38116
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  /15

  $119,900

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  3270 Frayser View Dr, Memphis, TN 38127

  LOOKING FOR A NICE 3 BEDROOM HOME IN THE FRAYSER AREA? THIS MAY BE AN OPTION. THIS PROPERTY HAS SPACIOUS INTERIOR, AND CLOSE TO BUS LINE ,ENTERTAINMENT,GAS, HIGHWAY AND INTERSTATE ACCESS IS A FEW MINUTES AWAY.

  Juan Brooks Process Realty Services

  3270 Frayser View Dr, Memphis, TN 38127
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  /23

  $124,000

  • 3 Beds
  • 2 Baths
  • 1,705 Sq Ft

  3158 Ford Rd, Memphis, TN 38109

  Solid brick 3-bedroom, 2-bath home with great bones and a spacious layout. Sitting beautifully on a private, level lot with a large backyard perfect for outdoor living with a covered patio ready for gatherings or quiet evenings. Inside you’ll find a functional floor plan with room to personalize and update to your style. Whether you're a first-time buyer looking to build equity or an investor

  Elliot Cerezo The Home Partners Realty

  3158 Ford Rd, Memphis, TN 38109
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  /25

  $200,000

  • 3 Beds
  • 2.5 Baths
  • 2,258 Sq Ft

  2749 N Lake Shore Dr, Memphis, TN 38127

  Welcome home to this inviting 3-bedroom, 2.5-bath property set on a large open lot just moments from a beautiful nearby lake. The open-concept kitchen flows seamlessly into the bright living room, creating the perfect space for everyday living and entertaining. A sun-filled sunroom offers an ideal spot for morning coffee or relaxing afternoons. Spacious bedrooms, a comfortable primary suite, and

  Josh WILSON MEMPHIS Moss Real Estate

  2749 N Lake Shore Dr, Memphis, TN 38127
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  /12

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,452 Sq Ft

  1783 Danville Rd, Memphis, TN 38117

  Corporate owned home selling as is. Good looking home with 3 bedrooms and 2 full baths plus a living room, dining room, and an extra room that could be a den or 4th bedroom. Priced far below market to sell now. Excellent opportunity for a great fix and flip or wonderful family home. No FHA or VA loans except FHA rehab loan. No owner financing, blind offers or creative financing allowed.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  1783 Danville Rd, Memphis, TN 38117
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  /12

  $115,000

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

  668 Westview Rd, Memphis, TN 38109

  Being sold AS-IS. Nice 3-bedroom, 1- bathroom home on a 0.71-acre lot that offers privacy. Rent ready for investors. One highlight of this property is the large den/great room. Lot is large enough for a garden, garage and/or storage building. The seller welcomes all offers.

  Sharon Harris Keller Williams

  668 Westview Rd, Memphis, TN 38109
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  /13

  $115,000

  • 4 Beds
  • 2 Baths
  • 1,368 Sq Ft

  445 Lipford St, Memphis, TN 38112

  Price Improvement! Rooms and space galore! This 4 bed 2 bath shotgun style bungalow is ready for a new owner. Completely renovated in 2021 with new roof, new siding, new windows, new central heat and air, new hot water, new laminate flooring, updated kitchen and baths, this home is practically new. With proximity to the Broad Ave Arts District, the newly built Lester Community Center, as well as

  Joshua Cooper Sowell, Realtors

  445 Lipford St, Memphis, TN 38112
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  /5

  $128,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4039 Trevathan Cir, Memphis, TN 38109

  Investor Special! This tenant-occupied property offers 3 bedrooms, 1 bathroom, and a versatile den—perfect for use as an additional bedroom, office, or lounge area. Currently leased at $1,350/month and professionally managed, it's a turnkey addition to any investment portfolio. The lease expires 2/13/2026. Conveniently located just 18 minutes from Downtown Memphis and 17 minutes from Midtown.

  Raven Henderson KAIZEN Realty, LLC

  4039 Trevathan Cir, Memphis, TN 38109
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  /7

  $107,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  11 W Rollins Rd, Memphis, TN 38109

  Turnkey investment available. Fully Renovated 3BR Home on a Large Lot. Tenant occupied at $1,025/mo. Professionally managed. 2023 Renovation: New roof, windows, floors, kitchen, bath, paint, fixtures. Modern LVP flooring, updated kitchen with new cabinetry + countertops. Spacious backyard on large lot — perfect for pets or entertaining. Located near schools, parks, and major employers. Located

  William Haynes Crye-Leike, Inc., REALTORS

  11 W Rollins Rd, Memphis, TN 38109
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  /32

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  3531 Randolph St, Memphis, TN 38127

  Welcome to 3531 Randolph, Memphis, TN 38127! This charming single-family home is nestled in the heart of the Frayser neighborhood, offering both comfort and convenience. Step inside to discover a spacious living area filled with natural light, perfect for relaxing or entertaining guests. The home features 3 bedrooms and 1 bathroom, making it ideal for families or first-time buyers. Enjoy a large

  Bridget Jordan Epique Realty

  3531 Randolph St, Memphis, TN 38127

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