Memphis, TN Homes for Sale under $200,000

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  /12

  $52,500

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 943 Sq Ft

  90 E Trigg Ave, Memphis, TN 38106

  Investor Opportunity on this freshly remodeled home! New tenant with 1 year lease through 4/30/27. Rent is $695/mo. Professionally managed. Located close to entertainment and commerce, this neighborhood is prime for growth.

  Joshua Cooper Sowell, Realtors

  90 E Trigg Ave, Memphis, TN 38106
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  /35

  $155,000

  • 2 Beds
  • 2 Baths
  • 1,150 Sq Ft

  2277 Union Ave Unit 412, Memphis, TN 38104

  Beautifully updated condo in the heart of Midtown Memphis! This move-in ready unit features a renovated kitchen with stainless steel appliances, updated bathroom, fresh paint, new flooring, modern lighting, and a Nest thermostat for added comfort and energy efficiency. Enjoy your morning coffee or unwind on the private balcony overlooking beautiful surroundings. Community amenities include a

  Chelena Allen BenchMark REALTORS, LLC

  2277 Union Ave Unit 412, Memphis, TN 38104
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  /2

  $8,500

  • Land
  • 1,742 Sq Ft
  • $212,500 per Acre

  564 Plum Ave, Memphis, TN 38107

  Vacant lot with Industrial (IH) Zoning

  Corey Seymore Crye-Leike, Inc., REALTORS

  564 Plum Ave, Memphis, TN 38107
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  /12

  $164,900

  $4K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,328 Sq Ft

  4514 Boeingshire Dr, Memphis, TN 38116

  Great house for a investor or first time home owner. Livingroom/dining room combo with separate den. Fresh flooring and paint.

  Joe King Marathon REALTORS, LLC

  4514 Boeingshire Dr, Memphis, TN 38116
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  /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
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  /9

  $105,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 757 Sq Ft

  6692 Whispering Oak Place Unit 3, Memphis, TN 38120

  This charming ground-level 1-bedroom, 1-bath condo with a versatile Study is nestled in a lovely community on the edge of Germantown, TN. 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, dining room, or extra living space. Enjoy the privacy of a

  Kim Jones Faith Management & Realty Grou

  6692 Whispering Oak Place Unit 3, Memphis, TN 38120
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  /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
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  /9

  $90,000

  • 3 Beds
  • 2.5 Baths
  • 1,802 Sq Ft

  4219 Boeingshire Dr Unit 5A, Memphis, TN 38116

  Fantastic Investment Opportunity in Coronado Estates! This two-story condo offers a solid foundation and with a bit of TLC and thoughtful updates, this property can quickly become a strong performer in your portfolio. Located in the established Coronado Estates community and conveniently close to major roadways and the airport, this spacious unit features a functional floor plan with 3 bedrooms

  Tina Bailey Rick Baer Realty

  4219 Boeingshire Dr Unit 5A, Memphis, TN 38116
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  /9

  $120,000

  $15K PRICE DROP

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

  818 Crockett St, Memphis, TN 38107

  Renovated 3 BD 2 bath, New HVAC, New hot water tank and most windows replaced Perfect for Investors to add an additional rental to your investment portfolio. This charming property features fresh interior paint, new flooring, updated kitchen and baths, turnkey property with great potential. Large yard and conveniently located. Don't miss out on this opportunity.

  Chastity Wamble Moss Real Estate

  818 Crockett St, Memphis, TN 38107
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  /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
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  /2

  $79,900

  • 2 Beds
  • 1.5 Baths
  • 1,013 Sq Ft

  3737 Wyndance Cove, Memphis, TN 38135

  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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3737 Wyndance Cove, Memphis, TN 38135
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  /9

  $124,900

  $9K 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
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  /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
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  /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
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  $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
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  $195,000

  Open Sat 2PM - 4PM $25K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,148 Sq Ft

  830 Maury St, Memphis, TN 38107

  Charming bungalow located at 830 Maury Drive in Memphis offering classic character with comfortable living spaces. This 4-bedroom, 2-bath home features beautiful wood floors throughout and an inviting layout perfect for everyday living and entertaining. The spacious living room is filled with natural light, flowing seamlessly into the dining area and kitchen. The kitchen provides ample cabinet

  Jason Wallace Keller Williams Realty

  830 Maury St, Memphis, TN 38107
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  /11

  $144,900

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

  4788 Bowen Ave, Memphis, TN 38122

  Great investment opportunity with consistent rental income . Currently vacant and many updates have been made. Listing agent owns property. Call Earl for an appointment or any questions.AS-IS. More pictures to be added.

  Earl Dillard Dillard Realty

  4788 Bowen Ave, Memphis, TN 38122
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  $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

  Carl Purifoy Trelora Realty

  3837 Voltaire Ave, Memphis, TN 38128
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  /5

  $195,000

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,656 Sq Ft

  1352 S Cooper St, Memphis, TN 38114

  PRICE JUST REDUCED $10K!! SELLER IS READY TO MAKE A DEAL. ATTENTION INVESTORS! Solid cash flowing duplex that would make an excellent addition to your portfolio! Rented for $1,700 total ($850 per side). Unit 1352- lease expires 12/31/2026, tenant moved in 12/20/2022. Unit 1354- lease expires 3/31/2027, tenant moved in 3/4/2025. Both tenants are current and have been excellent payers. Property was

  Jeremy Veldman KAIZEN Realty, LLC

  1352 S Cooper St, Memphis, TN 38114
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  /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
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  /13

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,631 Sq Ft

  2886 Overton Crossing St, Memphis, TN 38127

  3 bed, 1 bath with a lot of the heavy lifting already done. Rental comps for $1400/$1500/mo. Currently tenant occupied but will be vacant at closing. The bathroom, plumbing, HVAC/AC, foundation, and a bedroom have all been remodeled, including new ceiling work in that space. Electrical has also been redone by the seller. Kitchen comes with brand-new appliances the seller purchased herself —

  Marissa Miller The Stamps Real Estate Company

  2886 Overton Crossing St, Memphis, TN 38127
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  /10

  $131,200

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,078 Sq Ft

  4391 Shadowline Cove, Memphis, TN 38109

  Improved pricing. Fully renovated 3-bedroom home located in a cove! Features include updated flooring, fresh paint, modern lighting, upgraded kitchen and bath, and a large kitchen with ample cabinet and counter space. Move-in ready with stylish finishes throughout. Qualifies for 100% financing.

  Victoria Brown 4 Success Realty, LLC

  4391 Shadowline Cove, Memphis, TN 38109
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  /5

  $30,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  736 Alaska St, Memphis, TN 38107

  **** GREAT INVESTMENT**** 3 BEDROOMS, 1 BATH, EAT IN KITCHEN & LIVING ROOM ****** CAUTION******* CAUTION****** ******ONE ROOM IS DAMADGED FROM FALLEN BRANCH****** **** "CASH SALE/ AS IS " **BUYER MUST REMOVE ALL ITEMS FROM HOUSE **** THE COMMUNITY IS BEING REVITALIZED. **** ***PLEASE DO ALL INSPECTIONS UP FRONT. BEFORE SENDING OFFERS. ***

  Mary Owens Crye-Leike, Inc., REALTORS

  736 Alaska St, Memphis, TN 38107
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  /15

  $179,000

  • 3 Beds
  • 2 Baths
  • 1,271 Sq Ft

  4198 Meadow Valley Dr E, Memphis, TN 38141

  This well-maintained 3-bedroom, 2-bath home offers comfortable living, functional space, and convenient access to everything Memphis has to offer. Featuring upgraded solid surface flooring throughout the main living areas, the home welcomes you with a spacious living room perfect for relaxing or entertaining. The eat-in kitchen comes equipped with a refrigerator, range, and dishwasher, providing

  Terrance Hill eXp Realty, LLC

  4198 Meadow Valley Dr E, Memphis, TN 38141
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  /16

  $109,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,553 Sq Ft

  3958 Bishops Bridge Rd, Memphis, TN 38118

  Charming and spacious 1.5-story traditional home in the established Oakhaven community. This 1,553 sq. ft. residence features 4 generously sized bedrooms and 2 full bathrooms, offering a versatile layout perfect for growing families. The main level includes a formal living room, a cozy den, and two bedrooms. Upstairs, find two additional bedrooms for added privacy. Enjoy original character with

  Carl Purifoy Trelora Realty

  3958 Bishops Bridge Rd, Memphis, TN 38118
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  /2

  $12,000

  • Land
  • 1,306 Sq Ft
  • $400,000 per Acre

  891 Keel Ave, Memphis, TN 38107

  Great opportunity to build on this residential lot located at 891 Keel Ave in Memphis, TN 38107. Whether you’re a builder, investor, or future homeowner, this property offers solid potential for new construction or your next investment project. Situated with convenient access to major roadways and surrounding Memphis areas, this lot provides a great chance to bring your vision to life. With

  Jonathan Nunez Fast Track Realty, LLC

  891 Keel Ave, Memphis, TN 38107
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  /2

  $151,000

  • 3 Beds
  • 2 Baths
  • 1,719 Sq Ft

  2988 Clearbrook St, Memphis, TN 38118

  Occupied home for sale in Parkway Village! Long standing tenant that is professionally managed. Home rents for $1150 and a housing tenant. Tenant has been there over 10 years! Ideal for an investor looking for a cash flowing property in a desirable Memphis neighborhood! Call listing agent for details. Do not disturb tenants. Access upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  2988 Clearbrook St, Memphis, TN 38118
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  /8

  $129,900

  • 3 Beds
  • 1 Bath
  • 991 Sq Ft

  4819 Rickard Rd, Memphis, TN 38116

  INVESTORS ONLY! Tenant occupied property that would be a great addition to your rental portfolio. Rented for $1,095/month with a lease secured until 8/31/2026. Home underwent a Get Ready renovation in 2025, including brand new carpet, fresh paint and touchups. Professionally managed, lease, ledger and maintenance report available upon request. No wholesale, owner financing, or creative offers.

  Jeremy Veldman KAIZEN Realty, LLC

  4819 Rickard Rd, Memphis, TN 38116
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  /33

  $189,000

  $11K 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
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  /7

  $199,900

  • 4 Beds
  • 1,296 Sq Ft

  3468 Bowen Ave, Memphis, TN 38122

  3 of 4 units rented! Rent is $650/month for all units, plus each tenant pays $150/month towards utilities. The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed and is ready for leasing now. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years

  Randall Weatherall Memphis Metro Realty

  3468 Bowen Ave, Memphis, TN 38122
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  /2

  $76,000

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  2607 Barron Ave, Memphis, TN 38114

  PLEASE DO NOT DISTURB THE TENANT. Fantastic investment opportunity or addition to your rental portfolio! Built in 1932, this classic 3-bedroom, 1-bath single-family home offers 1,100 sq. ft. of comfortable living space on a generous 0.25-acre lot (50x218) in the Cherokee subdivision (Barron Heights). Featuring a highly functional 6-room, single-story layout with all 3 bedrooms on the main level,

  Curtis Bleeker KAIZEN Realty, LLC

  2607 Barron Ave, Memphis, TN 38114
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  /2

  $39,900

  • Land
  • 13,503 Sq Ft
  • $128,710 per Acre

  3097 Harvester Ln, Memphis, TN 38127

  Nice lot to build a home. The size is .31 acre. Easy to Go and Show

  Tamisha Draper KAIZEN Realty, LLC

  3097 Harvester Ln, Memphis, TN 38127
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  /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
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  /7

  $128,000

  $13K PRICE INCREASE

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

  2577 Achaean Ave, Memphis, TN 38127

  Wonderful investment property or first-time home buyer. Don't miss this 3bedroom 2 bath home. Call me today about 100% financing.

  Kevin Brown eXp Realty, LLC

  2577 Achaean Ave, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,124 Sq Ft

  1724 Claire Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $825 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  1724 Claire Ave, Memphis, TN 38127
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  /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
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  /7

  $60,000

  • 4 Beds
  • 1 Bath
  • 1,272 Sq Ft

  2984 Benjestown Rd, Memphis, TN 38127

  Four bedroom one bathroom home on quiet street that is being offered at a great price. Property being sold as-is, cash offers only. This home could be worth a lot of money once rehabbed. Super convenient location that is near stores, restaurants, and other amenities. Many homes in this area are being rehabbed and sold for more money. Could be a great primary residence or investment property. Home

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2984 Benjestown Rd, Memphis, TN 38127
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  /12

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,333 Sq Ft

  1143 National St, Memphis, TN 38122

  Welcome to 1143 National Street! This 3-bedroom, 2-bath home offers excellent value and strong investment potential. Luxury vinyl flooring extends throughout much of the home, while the updated bathrooms feature attractive tile work, modern vanities, and updated fixtures. All appliances remain with the property. A few rooms could benefit from new flooring and fresh paint, giving the next owner an

  Bernard Evans 4 Success Realty, LLC

  1143 National St, Memphis, TN 38122
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  /37

  $17,000

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  5085 Clinton Rd, Memphis, TN 38109

  2 bed / 1 bath rental property with strong upside potential. Property is tenant-occupied on a month-to-month lease (currently paying $500/month) and would likely stay if the buyer chooses. Full rehab needed – ideal for experienced investors looking for their next project. Great opportunity to add value and maximize returns.

  Henry Pineda Fast Track Realty, LLC

  5085 Clinton Rd, Memphis, TN 38109
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  /7

  $85,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  1672 Clancy St, Memphis, TN 38106

  Two doors are always better than one! This brick duplex sits nicely on a corner lot. One side is rented at $685 and the lease ends 05/01/2027. The other side is vacant and ready to rent! It is also being marketed to rent for $685. There is a property management company in place. Close on this one and immediately start receiving rental income! Located minutes from downtown, midtown and expressway.

  Verna Littleton Fast Track Realty, LLC

  1672 Clancy St, Memphis, TN 38106

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