Memphis, TN Homes under $200,000

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  /28

  $129,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  1204 Chamberlain Dr Unit 6, Memphis, TN 38119

  Looking for Security, Comfort & GREAT LOCATION? Don't Miss This Chatham Village Charmer-Secure Gated Community w-Club House & Pool (Just in time for Summer)- Updated 2 BR 1 1/2 Bath Townhome-Open Floor Plan-Updated Kitchen w-New Quartz Countertops & Subway Backsplash-Seated Breakfast Bar-Includes All Appliances-Tiled Floors-Freshly Painted Throughout-Recessed Lighting-Double Glass Doors Lead to

  Melody Bourell Marx-Bensdorf, REALTORS

  1204 Chamberlain Dr Unit 6, Memphis, TN 38119
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  /7

  $130,000

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

  5298 Sunray Dr, Memphis, TN 38118

  Home being sold “AS IS”. Refrigerator, washing machine and deep freezer, will not remain with property. Tenants have moved and will have remaining items out this week. Lockbox on front door.

  Sylvia Clayborn Burch Realty Group

  5298 Sunray Dr, Memphis, TN 38118
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  /8

  $184,900

  • 3 Beds
  • 2 Baths
  • 2,683 Sq Ft

  3205 Cookie Cove, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 6br/4 bath Duplex is in the 38118 area. Unit 3205 occupied with a monthly rental amount of $1,054.94/month. The lease ends on 7/15/26. Unit 3207 is Vacant. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3205 Cookie Cove, Memphis, TN 38118
• 

  

  

  /22

  $170,000

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

  5845 Park Ave Unit 5845, Memphis, TN 38119

  Own a corner unit at Chatham Village! Gated condo with a neighborhood pool. This 2 bed/ 1.5 bath unit was recently renovated. Quartz countertops new cabinets, under cabinet lighting, and recessed lighting. Private patio for sitting outside and relaxing or gardening. Large bedrooms, washer and dryer in a laundry closet upstairs.

  Amanda Kirkman KAIZEN Realty, LLC

  5845 Park Ave Unit 5845, Memphis, TN 38119
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  /7

  $100,000

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

  2127 Pamela Dr, Memphis, TN 38127

  Great opportunity for investors to add to portfolio. Section 8 Tenant, $932 monthly rent. Great location near new Amazon and Nike plant. Nice brick home with central heat & air. Professionally managed. Call for more information. ***Do Not Disturb Tenant*** All vewing and inspections after contract is in place. Current tenant lease up for renewal Jan. 2026

  LaJuana Miller KAIZEN Realty, LLC

  2127 Pamela Dr, Memphis, TN 38127
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  /20

  $199,000

  • 2 Beds
  • 1 Bath
  • 1,484 Sq Ft

  2426 Lamar Cir, Memphis, TN 38114

  COMPLETELY RENOVATED duplex Unique investment opportunity, Live on one side and rent out the other or perfect for an in-law suite when family needs to be close by. This can be a fantastic addition to your investment portfolio. Minutes from Cooper-Young area. Recent 2022 renovation included: New roof, amazing new kitchens & new baths, new flooring, new lighting, fresh paint inside & out. Take a

  LaJuana Miller KAIZEN Realty, LLC

  2426 Lamar Cir, Memphis, TN 38114
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  /13

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  2310 Theda Ave, Memphis, TN 38127

  Great addition to your investment portfolio. MEETS THE 1% RULE! 3 bedroom, 1 bath with an additional room that could potentially be used as a 4th bedroom! Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line. Currently

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
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  /13

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4826 Peace St, Memphis, TN 38109

  3 bedroom, 1 bath. Previously renovated home. New furnace, washer and dryer connection in the kitchen. Spacious front yard and backyard. Storage/workshop area under the carport. Previous tenant created some cosmetic damage. Would like to sell "as is"

  Christy Flatley Tiger Realty

  4826 Peace St, Memphis, TN 38109
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  /17

  $104,900

  • 4 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  949 W Raines Rd, Memphis, TN 38109

  4-bedroom, 1.5-bath home with brick and vinyl exterior located on a high-traffic, 4-lane road — ideal for buyers needing quick access to major routes or those considering a home-based business. The property offers a functional layout with generous living space and durable exterior finishes. Great potential as a rental or first home. High visibility and easy access make this an excellent

  Rae Ann Stimpson The Carter Group LLC, REALTORS

  949 W Raines Rd, Memphis, TN 38109
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  /15

  $104,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4638 Appleville St, Memphis, TN 38109

  Don’t miss this great opportunity! This 3-bedroom, 1-bath home sits on a cove lot, offering much potential. The exterior features a combination of durable brick and wood, while the interior boasts low-maintenance LVP and tile flooring throughout. Some appliances are included, making this a smart buy for investors or first-time homeowners. Whether you're looking to expand your rental portfolio or

  Rae Ann Stimpson The Carter Group LLC, REALTORS

  4638 Appleville St, Memphis, TN 38109
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  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  1322 Sardis St, Memphis, TN 38106

  Investors—Add This One to Your Portfolio! This well-maintained brick home is located just minutes from the downtown area. It features three bedrooms, one bathroom, a new roof, and new windows, offering peace of mind and reduced maintenance costs. Tenant-occupied—please do not disturb. This property is a solid investment opportunity with strong potential for rental income.

  Area Mays KAIZEN Realty, LLC

  1322 Sardis St, Memphis, TN 38106
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  /7

  $129,900

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

  4236 Fredericks Ave, Memphis, TN 38111

  Price Improvement! Investor Special! Home for sale in the desirable area in 38111 just south of U of M South campus! Home is occupied through December of 2026 and professionally managed. Current rent is $1100 and tenant is current. Home has updates from last 5 years in kitchen, bath and floors are refinished hardwoods. Call listing agent for details. Do not disturb tenants and access is

  Andrew Akins CB Properties of Memphis, LLC

  4236 Fredericks Ave, Memphis, TN 38111
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  /13

  $140,000

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

  3738 Townes Ave, Memphis, TN 38122

  Welcome to 3738 Townes Ave! This charming 3-bedroom, 2-bath home features a classic brick front porch, ideal for relaxing outdoors. Inside, you'll find a spacious layout with a large living area, easy-to-clean flooring, and a second kitchen located at the back of the home—perfect for multi-generational living or extra cooking space. The main kitchen includes ample cabinet storage, while both

  Henry Pineda Fast Track Realty, LLC

  3738 Townes Ave, Memphis, TN 38122
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  /14

  $169,000

  • 2 Beds
  • 1 Bath
  • 1,778 Sq Ft

  3305 Amselle Cir, Memphis, TN 38127

  Turnkey duplex in 38127! Renovated in 2024—new roof, new fence, updated kitchens & baths. Both units leased at $850/mo through 2026. Cash flowing with low to no maintenance. 2 bed/1 bath per side. Great investment opportunity with strong returns from day one! Tenants rights are in place. DO NOT DISTURB TENANTS Owner/Agent

  Petra Walker KAIZEN Realty, LLC

  3305 Amselle Cir, Memphis, TN 38127
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  /20

  $100,000

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

  2189 Lisa Ave, Memphis, TN 38127

  This 3-bedroom, 1-bath home is a fantastic opportunity in a well-established Memphis neighborhood. Conveniently located this property offers easy access to everything you need. This property is perfect for first-time buyers looking for affordability and opportunity in the Memphis market. Don’t miss your chance to own this promising property!

  Cesar Lara Fast Track Realty, LLC

  2189 Lisa Ave, Memphis, TN 38127
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  /19

  $199,900

  • 4 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  1421 Janis Dr, Memphis, TN 38116

  A charming, mid-century brick ranch-style home situated on a spacious 0.40-acre lot in the established Whitehaven-Coro Lake neighborhood. Built in 1955, this single-story residence offers approximately 1,850 square feet of living space, featuring three to four bedrooms and two full bathrooms. The interior boasts a classic galley-style kitchen with an adjacent breakfast nook, a formal dining room,

  Ed Schreiner Signature Realty, LLC

  1421 Janis Dr, Memphis, TN 38116
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  /12

  $110,000

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

  3551 Millington Rd, Memphis, TN 38127

  Totally renovated!!! Beautiful home with all the trimmings, Hardwood floors, new appliances, beautifully tiled bathroom and kitchen with covered parking. Appliances to include new refrigerator and stove! A must see!!!

  Chauntay Harris Faith First Realty

  3551 Millington Rd, Memphis, TN 38127
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  /6

  $139,874

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

  4195 Cedartree Dr, Memphis, TN 38141

  What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & City of Memphis DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a cozy fireplace, dining or

  Tijuana Wallace Keller Williams

  4195 Cedartree Dr, Memphis, TN 38141
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  /9

  $199,800

  • 4 Beds
  • 2.5 Baths
  • 2,800+ Sq Ft

  871 University St, Memphis, TN 38107

  Investors! Amazing opportunity to add this to your portfolio! Across the street from Rhodes College! This property has been a solid rental investment for the Owner. The house has been cleaned out but will need updates and is being sold AS IS. Priced accordingly at $80 a sq foot. New HVAC system was installed for the first floor in 2025. Roof is approximately 10 years old. Mini split

  Alison Restivo The Restivo Group, REALTORS

  871 University St, Memphis, TN 38107
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  /17

  $197,999

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

  1086 Merriwether Ave, Memphis, TN 38105

  Very close to the VA Medical Center, Le Bonheur Children's Hospital, Regional One, close to downtown Memphis, and other facilities. Surrounding area is currently being revitalized with many new and upcoming developments. The house is fully renovated and remodeled. 3 bedrooms and 2 full bathrooms with open spaces. Fence in the backyard. High demand for the rental property . Tenant occupied. Rent

  Habiba Sharmin Keller Williams

  1086 Merriwether Ave, Memphis, TN 38105
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  /28

  $199,000

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

  210 S Mclean Blvd Unit 12, Memphis, TN 38104

  Spacious 3 Bedroom 2 Bath Condo in Midtown's Crescent Place offers the perfect blend of charm, comfort and convenience. Located in the heart of the Central Garden Historic District, this light-filled 3 BR/2BA condo offers an open great room, kitchen and private primary suite. Two additional bedrooms share a second full bath. Enjoy the beautiful interior courtyard and stone outdoor courtyard

  Kim Finney Dream Maker Realty, LLC

  210 S Mclean Blvd Unit 12, Memphis, TN 38104
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  /6

  $119,000

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

  5423 Breckenwood Dr, Memphis, TN 38127

  Property is Tenant Occupied. ***DO NOT DISTURB TENANT*** Make all offers contingent upon inspections. Fantastic property to add to your portfolio! Property is income producing. Section 8 tenant, $1250 monthly rent. No wholesalers and no Assignments Buyers will be accepted.

  LaJuana Miller KAIZEN Realty, LLC

  5423 Breckenwood Dr, Memphis, TN 38127
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  /23

  $195,000

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

  107 S Front St Unit 34, Memphis, TN 38103

  Charming condo in the heart of downtown. Super nice hardwood floors. Open & spacious living areas, great natural light. Private outdoor balcony overlooking a wonderful courtyard patio area. Laundry facilities on your same floor. Stainless steel appliances. Kitchen with breakfast bar. You can walk everywhere and just steps from the river.

  Richard Travers Crye-Leike, Inc., REALTORS

  107 S Front St Unit 34, Memphis, TN 38103
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  /3

  $140,000

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

  5511 Emerald Hills Dr, Memphis, TN 38115

  Cashflowing investment property with new roof and some systems update. Tenant in place (Do not disturb). This 3-bedroom, 2-bathroom, 1,200 square foot home offers a strong opportunity for both new and experienced investors. The property is tenant-occupied and generating rental income of over $1,100 per month. Please do not disturb the tenant. Recent updates include a new roof and improvements

  Terrance Hill eXp Realty, LLC

  5511 Emerald Hills Dr, Memphis, TN 38115
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  /25

  $185,000

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

  3144 Hopkins Ave, Memphis, TN 38112

  Charming 3 BR 2BA home boasts a new roof (2021), laminate flooring a new HVAC system (2024), and updated plumbing. Primary BR has a full BA attached. Spacious kitchen with granite style countertops. Close to Midtown and Overton park.

  Courtney Thornton Keller Williams

  3144 Hopkins Ave, Memphis, TN 38112
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  /15

  $115,126

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

  1578 Kansas St, Memphis, TN 38109

  Price Reduced. Investors don’t miss this charming home that blends comfort, convenience, and value! Step into the enclosed front screen porch—perfect for relaxing year-round. Inside, you’ll find three spacious bedrooms and two full bathrooms, along with beautiful hardwood flooring throughout. The home features a brand-new HVAC unit and new vinyl windows, offering energy efficiency and peace of

  Area Mays KAIZEN Realty, LLC

  1578 Kansas St, Memphis, TN 38109
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  /22

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  886 Echles St, Memphis, TN 38111

  Price Improvement! This well-maintained home, lovingly owned by the same family for four generations, is now available for under $180Kand is truly move-in ready. Located on a quiet street within a close distance to the University of Memphis, this home is ideal for families, students, or investors looking for a solid rental opportunity. Inside, you'll find an updated kitchen, central heating and

  Randi Lynn KAIZEN Realty, LLC

  886 Echles St, Memphis, TN 38111
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  /24

  $180,000

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

  295 W Central Park St Unit 4, Memphis, TN 38111

  Cute 2 Bedroom, 2 bathroom condo located in Central Park Condos. A quiet condo complex located in East Memphis. As you enter you are welcomed by beautiful parquet wood floors and oversized window that offers an abundance of natural light. There is an open flow from the living area to the formal dining area. The 2 bedrooms ( 1 en suite ) are spacious. The kitchen has all appliances and laundry

  Billy Rodgers Crye-Leike, Inc., REALTORS

  295 W Central Park St Unit 4, Memphis, TN 38111
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  /31

  $199,900

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

  1864 Denison St, Memphis, TN 38111

  This newly renovated 3 bed, 2 bath home in the heart of Memphis features a brand new roof, new HVAC, new windows, updated bathrooms, and stylish new flooring throughout. Enjoy a spacious backyard, perfect for outdoor living, and a prime location close to local shops, restaurants, and amenities. With 1,300 sq ft of living space, this move-in-ready gem won’t last long!

  Tony Payne Keller Williams

  1864 Denison St, Memphis, TN 38111
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  /27

  $199,900

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

  1477 Lyndale Ave, Memphis, TN 38107

  Don't miss this historic beauty renovated to perfection! This home boasts an open floor plan with all elements tastefully updated. The renovations include a brand new roof, upgraded plumbing, HVAC system, tankless hot water tank, and stunning butcher block countertops complemented by a farmhouse sink. The original hardwood floors add character and charm to the space. The bathroom has been

  Jonathan Minerick homecoin.com

  1477 Lyndale Ave, Memphis, TN 38107
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  /29

  $199,900

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

  4833 Scottsdale Ave, Memphis, TN 38118

  3 bedroom 2 bath home in Perkins South subdivision. Close to parks, schools, restaurants, airport and hospitals. Granite counter tops, LVP flooring, wood fenced back yard, brick exterior. updated fixtures.

  Jason Miller eXp Realty, LLC

  4833 Scottsdale Ave, Memphis, TN 38118
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  /21

  $105,132

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

  1260 Greenwood St, Memphis, TN 38106

  Reduced Price - Don’t miss out on this fantastic opportunity—perfect for a savvy investor! This well-maintained home features three bedrooms, a dedicated dining room, and a spacious kitchen with washer and dryer connections. It also includes a detached garage, adding convenience and extra storage space. Recent upgrades have made this home truly move-in ready, including: Fresh paint throughout, a

  Area Mays KAIZEN Realty, LLC

  1260 Greenwood St, Memphis, TN 38106
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  /34

  $137,900

  • 3 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  5273 Chatfield Dr Unit 63B, Memphis, TN 38116

  A Magnificent Investment Opportunity !! New roof , Washer , Dryer and Refrigerator included, New Interior and New Exterior paint September 2024, Primary bedroom also has a Balcony, New Electric hot water heater ,Front and Rear Tree has been removed, And wait for this...It's Huge (1800 square feet) with 3 Bedrooms & 2.5 bathrooms. 2 car private carport. Currently being Leased . Less than 2 miles

  Robert Farris Crye-Leike, Inc., REALTORS

  5273 Chatfield Dr Unit 63B, Memphis, TN 38116
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  /14

  $199,300

  • 3 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft

  4789 Judy Lynn Ave, Memphis, TN 38118

  SELLER WILL PAY UP TO $6,000 TOWARDS BUYERS CLOSING COSTS AND PREPAIDS! COMPLETELY RENOVATED HOME. Brand new roof, brand new air conditioning condenser, BRAND NEW FULLY RENOVATED KITCHEN WITH NEW CABINETS AND GRANITE COUNTER TOPS. Brand new stainless steel gas range/oven, ventahood, dishwasher, and food disposal. All new light and plumbing fixtures throughout. Beautiful refinished hard wood

  William McKnett The Stamps Real Estate Company

  4789 Judy Lynn Ave, Memphis, TN 38118
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  /11

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3411 Rockwood Ave, Memphis, TN 38122

  This charming recently renovated home is now available for sale and is currently tenant-occupied, generating $1,200/month in rental income. The home features an updated bathroom, an electric stove, electric water heater, and a gas furnace—combining comfort with efficiency. The roof is only 4 years old, offering peace of mind for years to come. Whether you’re looking to grow your rental portfolio

  Kendrick Garcia Fast Track Realty, LLC

  3411 Rockwood Ave, Memphis, TN 38122
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  /15

  $119,900

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

  3907 Bowmar Cove, Memphis, TN 38128

  Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a reliable tenant in place; leased through April 2026.

  Camela Henke Enterprise, REALTORS

  3907 Bowmar Cove, Memphis, TN 38128
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  /14

  $200,000

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

  535 Fleda Rd, Memphis, TN 38120

  This charming 3 bed 1.1 bath on a nice quiet street. Brick home with nice size lot to retire or raise the kids. Don't let this great investment get away. Easy to show, call listing agent. If you have any questions, please call the listing agent.

  Micah Layman Ware Jones, REALTORS

  535 Fleda Rd, Memphis, TN 38120
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  /27

  $138,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  5904 Roxbury Dr Unit 5904, Memphis, TN 38119

  Welcome to Chatham Village, nestled in the heart of East Memphis! This charming, gated community offers convenience and comfort—just minutes from top shopping, dining, and entertainment options. This move-in ready condo features vinyl hardwood flooring throughout, brand-new carpet on the stairs, fresh paint, and a private fenced-in stone patio—perfect for outdoor relaxation. The previous owner

  Grant Colton Real Estate Agency

  5904 Roxbury Dr Unit 5904, Memphis, TN 38119
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  /25

  $170,000

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

  3976 Bernadine Dr, Memphis, TN 38116

  Good starter home in Graceland subdivision. Hardwood floors. Roof is approximately 5 years old. Relax in den and spacious living/dining room combo. Lovely wrought iron patio doors. Fenced yard. A must-see!!

  Cheryl Richmond Heritage Homes Co.

  3976 Bernadine Dr, Memphis, TN 38116
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  /26

  $159,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  5861 Park Ave, Memphis, TN 38119

  Welcome to this beautifully updated two-story condo in a well-kept, gated neighborhood centrally located in the heart of East Memphis. Inside, you'll find fresh renovations, newer windows, and a bright, open layout that feels like home the moment you walk in. Step outside to a private back patio—perfect for relaxing or entertaining. The neighborhood pool is directly across from the unit, making

  Pam Beall Crye-Leike, Inc., REALTORS

  5861 Park Ave, Memphis, TN 38119

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