Memphis, TN Homes for Sale under $200,000

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  /15

  $130,000

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

  668 Spring St, Memphis, TN 38112

  Charming home near the restaurants and shops of Broad Street! Come see what this adorable home has to offer. As-is Sale

  Jo Ann Langlois 901 Properties

  668 Spring St, Memphis, TN 38112
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  /30

  $187,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,381 Sq Ft

  1114 N Watkins St, Memphis, TN 38107

  Seller will pay closing cost if you used preferred closing attorney! This beautiful 3-bedroom, 2-bath home, can be 100% financed through Cadence Bank, is thoughtfully designed for modern living. Featuring architectural roof shingles backed by a 30-year manufacturer’s limited warranty, the residence combines durability with style. The primary bathroom impresses with double closets and his-and-hers

  erica wainwright The Home Partners Realty

  1114 N Watkins St, Memphis, TN 38107
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  /17

  $165,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  812 Creekside Dr Unit 2, Memphis, TN 38117

  Charming 1-Bedroom, 1-Bath Condo in East Memphis --- This cozy condo is ideal for students or anyone ready to downsize without compromising on comfort. Located in a gated community with beautifully landscaped grounds and access to amenities, this condo offers a peaceful, low-maintenance living space. Fresh updates throughout and a home warranty provide added value and peace of mind. Call your

  Ali Abu-Khraybeh Renshaw Company, REALTORS

  812 Creekside Dr Unit 2, Memphis, TN 38117
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  /34

  $190,000

  • 4 Beds
  • 3.5 Baths
  • 2,000+ Sq Ft

  4145 Willowview Ave, Memphis, TN 38111

  Investors looking for a property that meets that 1% rule. Fully renovated 4-bedroom, 3 1⁄2-bath home featuring a dedicated office and modern upgrades throughout. Build your portfolio or make your first move on this investment property. Section 8 Approved

  Jason Wallace Keller Williams Realty

  4145 Willowview Ave, Memphis, TN 38111
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  /8

  $170,000

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

  4006 Oakshire Cove, Memphis, TN 38109

  Looking for a new home? This may be it! Features 3 bedrooms and 2 baths, and Stainless Steel Appliance Package (refrigerator, stove, dishwasher, and microwave) is standard with every home. See attached flyer for more information about the property. Build with a Construction to Perm Loan or qualify as a 1st Time Buyer and receive up to $25,000 if you qualify through U.S. Bank.

  Daryl Lewis Infinity Group REALTORS, Inc.

  4006 Oakshire Cove, Memphis, TN 38109
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  /18

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,172 Sq Ft

  2387 Elmore Cove, Memphis, TN 38134

  Welcome to 2387 Elmore Cv, a 3-bedroom, 2-bath home with plenty of space and room to grow. Enjoy a comfortable layout, generous storage, and a sizable yard perfect for gatherings or relaxing outdoors. Situated in a quiet, established neighborhood near schools, parks, and shopping. A great place to bring your ideas to life!

  Jonathan Nunez Fast Track Realty, LLC

  2387 Elmore Cove, Memphis, TN 38134
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  /33

  $132,500

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

  3909 Range Line Rd, Memphis, TN 38127

  Nice renovated home in the Brookemeade neighborhood of Frayser. This move-in ready, ranch style home blends modern updates with southern charm. This 3 bed 1 bath home has its own laundry room (which saves space) covered parking, and a huge fenced backyard. Inside there's a cozy living room full of natural light as well as a dining room. Enjoy tile flooring throughout and a bright eat-in kitchen.

  Adrian Henning KAIZEN Realty, LLC

  3909 Range Line Rd, Memphis, TN 38127
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  /15

  $105,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  3445 Pruett Ct, Memphis, TN 38111

  Gated Condo Complex located mins from the University of Memphis and Highland Strip. This 2bed/1.5 bath could make a great investment for an investor or home for an owner occupant. Living Room, Dining Area, and Fenced in Patio Area. HOA is $140 monthly and covers exterior maintenance repairs, property insurance, landscaping & grounds cleaning, pest control, water/sewer for property, utilities for

  Monica Bynum Crye-Leike, Inc., REALTORS

  3445 Pruett Ct, Memphis, TN 38111
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  /9

  $165,017

  • 3 Beds
  • 2 Baths
  • 1,098 Sq Ft

  4355 Cleopatra Dr, Memphis, TN 38128

  Updated 3 bedroom / 2 bath single story home with fireplace in living room & great backyard! Fresh interior & exterior paint with new Luxury Plank Vinyl flooring. New roof in 2024. Updated & move-in ready!

  Phillip Kemp Reed & Associates of Tenn, LLC

  4355 Cleopatra Dr, Memphis, TN 38128
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  /28

  $185,000

  • 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 with

  Kim Finney Dream Maker Realty, LLC

  210 S Mclean Blvd Unit 12, Memphis, TN 38104
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  /18

  $179,000

  • 3 Beds
  • 1 Bath
  • 985 Sq Ft

  1219 S White Station Rd, Memphis, TN 38117

  Home for the Holidays! Come tour this LOVELY 3 Bedroom 1 Bath, WELL maintained home in COLONIAL ACRES. Covered carport, large fenced backyard, beautiful hardwood floors and newly renovated kitchen! NEW ROOF and extended driveway added for extra parking! Conveniently located in the heart of East Memphis and its MOVE IN READY!

  Shannon Eavenson BHHS McLemore & Co., Realty

  1219 S White Station Rd, Memphis, TN 38117
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  /24

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,169 Sq Ft

  640 Hastings Cir E, Memphis, TN 38107

  This beautifully renovated 3 bedroom, 1.5 bathroom home features fresh paint & stylish updates throughout. Enjoy tile & laminate wood flooring, ceiling fans, & modern fixtures & lighting that give the home a clean, contemporary feel. A separate dining room offers the perfect space for family meals or entertaining. The home also includes an attic with pull-down stairs, providing excellent

  Justin Lance Keller Williams

  640 Hastings Cir E, Memphis, TN 38107
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  /14

  $125,000

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

  1781 Woodburn Dr, Memphis, TN 38127

  Terrific investment opportunity. Professionally managed and cash flowing property. Rent is $1100/mo. Lease is m2m. Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263 Sunrise, 3516 Suzanne, 1781

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1781 Woodburn Dr, Memphis, TN 38127
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  /11

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1502 Mary Jane Ave, Memphis, TN 38116

  Turnkey Rental | $1,080/mo | Lease in Place Until 5/2026 | Cap Rate ~7% | Priced to Sell. Cash Flowing Investment opportunity in the Whitehaven area. This 3br/1 bath single-family home is in the 38116. Cash flowing, currently rented at $1080/month. Current lease ends 05/2026. Showings with an accepted offer. Do not disturb tenants.

  Courtney Staples Keller Williams

  1502 Mary Jane Ave, Memphis, TN 38116
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  /2

  $175,000

  • Land
  • 0.66 Acre
  • $265,152 per Acre

  270 Ellawood Ln, Collierville, TN 38107

  Beautiful one-half acre lot in the Collierville Historic District. A very rare find. Just off a quiet cove. Lot is mostly wooded and is perfect for your dream home. This lot is one of two. Collierville Schools. Utilities at the street.

  Craig Smith Banyan Tree, REALTORS

  270 Ellawood Ln, Collierville, TN 38107
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  /13

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,409 Sq Ft

  3203 Aden St, Memphis, TN 38127

  SPACIOUS 3/2 brick home loaded with potential! Large living room and dining room, separate living area next to kitchen, 3 spacious bedroom and large fenced-in backyard! Needs minor TLC. Would make an excellent starter home for a family or a great addition to your investment property portfolio! Motivated seller is ready to make a deal. No owner financing, wholesale, or creative offers.

  Jeremy Veldman KAIZEN Realty, LLC

  3203 Aden St, Memphis, TN 38127
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  /6

  $130,000

  • Land
  • 2.08 Acres
  • $62,500 per Acre

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109

  Build Your Dream Home on 2.08 Acres of Pure Possibility! Tucked away is this 2.08-acre lot offering the perfect canvas to bring your vision to life. Whether you're dreaming of a custom estate, a charming farmhouse, or a modern retreat, this spacious parcel provides room to spread out and breathe. Enjoy the privacy of a large lot with plenty of space for a garden, workshop, or outdoor living

  Melissa Blume Thompson eXp Realty

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109
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  /2

  $150,000

  • 2 Beds
  • 1 Bath
  • 855 Sq Ft

  839 S Graham St, Memphis, TN 38111

  Great Investment Opportunity near the University of Memphis. No showing until the home is under contract. Make offer contingent on Inspection. Current tenant pays $950/mo...

  Danny Lipsey Keller Williams

  839 S Graham St, Memphis, TN 38111
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  /20

  $149,900

  • 3 Beds
  • 2.5 Baths
  • 1,901 Sq Ft

  5275 Scottsdale Ave Unit 9, Memphis, TN 38118

  Welcome to this beautifully remodeled townhouse, a true rare jewel offering over 1,900 square feet of thoughtfully designed living space. Step inside to discover three spacious bedrooms and two and a half baths, along with 2 distinct living areas that make this home truly special — a separate living room, dining room, and a cozy hearth room that adds warmth and charm you’ll fall in love with.

  Kenya Harrison Infinity Group REALTORS, Inc.

  5275 Scottsdale Ave Unit 9, Memphis, TN 38118
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  /8

  $130,000

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

  781 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

  781 Chatwood Cove, Memphis, TN 38122
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  /2

  $150,000

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

  6799 Ross Ridge Dr, Memphis, TN 38141

  Well-kept 3 bed 2 bath townhouse. Features a bright front living room, open dining/kitchen, and functional layout with the primary bedroom downstairs and additional bedrooms upstairs. Flooring is a mix of tile and carpet. Great starter or investment property. Currently rented, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  6799 Ross Ridge Dr, Memphis, TN 38141
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  /7

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,086 Sq Ft

  2436 Chattering Ln, Memphis, TN 38127

  Excellent Turnkey Investment Opportunity! This beautifully renovated 3 bedroom, 1 bathroom home was fully updated in 2023 and offers true peace of mind for any investor. Major improvements include a brand-new roof, HVAC system, and water heater—ensuring long-term durability and low maintenance costs. Inside, the home features modern and stylish updates throughout, creating an attractive living

  Jeff Goff Keller Williams

  2436 Chattering Ln, Memphis, TN 38127
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  /27

  $130,000

  • 2 Beds
  • 1 Bath
  • 881 Sq Ft

  1110 Robin Hood Ln, Memphis, TN 38111

  Spotless inside and out—move-in ready! This charming brick home sits on a large corner lot and features 2 bedrooms, 1 bath, and a detached single carport. All kitchen appliances remain. Bright, inviting spaces with durable flooring and plenty of natural light throughout. The exterior offers a well-kept yard, fenced back area, and mature trees providing shade and privacy. Roof is approximately 8

  Erica Martin Real Estate Agency

  1110 Robin Hood Ln, Memphis, TN 38111
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  /13

  $150,000

  • 5 Beds
  • 1.5 Baths
  • 1,580 Sq Ft

  5235 Braden Dr, Memphis, TN 38127

  INVESTORS ONLY... will not go FHA

  Tia Jennings Keller Williams

  5235 Braden Dr, Memphis, TN 38127
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  /9

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  1105 N Watkins St, Memphis, TN 38107

  4 beds/ 2 bath..Perfect for Investor...could be single residence and/or duplex...

  Mae Moore Grand Point Realty, LLC

  1105 N Watkins St, Memphis, TN 38107
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  /16

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,403 Sq Ft

  5692 Ballenmoor Dr, Memphis, TN 38141

  Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due

  Ryan Flannery Premier Realty Group, LLC

  5692 Ballenmoor Dr, Memphis, TN 38141
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  /14

  $175,000 New Construction

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

  4438 Sunny View Dr, Memphis, TN 38127

  MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. Contact Brett Bernard for more information. No

  Brett Bernard The Stamps Real Estate Company

  4438 Sunny View Dr, Memphis, TN 38127
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  /10

  $180,000

  • Land
  • 0.34 Acre
  • $529,412 per Acre

  1412 Madison Ave, Memphis, TN 38104

  Priced to sell! This lot is located in one of Midtown Memphis’ most recognizable and heavily traveled corridors, offering excellent visibility and consistent traffic ideal for business development or future investment. The property may be purchased individually or as part of a package with 1400 Madison Avenue. The total asking price for both properties (1400 & 1412 Madison Ave) is $455,000.

  Benjamin Winston KAIZEN Realty, LLC

  1412 Madison Ave, Memphis, TN 38104
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  /36

  $139,500

  • 4 Beds
  • 2.5 Baths
  • 1,746 Sq Ft

  306 S Parkway E, Memphis, TN 38106

  Check out this move-in ready and completely renovated, impressive 4-bedroom, 2.5-bath home offering over 1,700 square feet of beautifully updated living space and the peace of mind buyers are looking for. The home features brand-new major systems throughout, including electrical, plumbing, roof, flooring, air conditioner, water heater, and more! The open-concept layout creates a bright, welcoming

  Andres Garcia Fast Track Realty, LLC

  306 S Parkway E, Memphis, TN 38106
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  /26

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,359 Sq Ft

  2762 Overton Crossing St, Memphis, TN 38127

  Charming 3-bed, 1-bath haven! Recently remodeled bathroom features a luxurious whirlpool tub, separate shower with stylish tile backsplash. Renovated kitchen boasts granite countertops, sleek tile flooring. Fresh paint graces the living room with beautiful hardwood floors throughout. Open den seamlessly connects to the kitchen. Your dream home awaits!

  larrian currie One Stop Global Realty

  2762 Overton Crossing St, Memphis, TN 38127
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  /23

  $120,000 Pre-Foreclosure

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  3787 Rhodes Ave, Memphis, TN 38111

  LOOKING FOR INVESTORS GREAT PROPERTY TO ADD TO YOUR PORTFOLIO. Great Home in the U of M area With Separate Garage / Workshop All appliances including washer & dryer included NEW Fenced back yard separate storage building behind garage Currently on Lease with option to Purchase $1300 % year Ballon. Contact Listing agent for details

  Lisa Burks Adaro Realty, Inc.

  3787 Rhodes Ave, Memphis, TN 38111
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  /2

  $128,700

  • 2 Beds
  • 2.5 Baths
  • 1,501 Sq Ft

  5865 Jardin Place, Memphis, TN 38141

  Refer to RealtyBid for showing, property, and auction details.

  Brian Brockman Bang Realty

  5865 Jardin Place, Memphis, TN 38141
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  /20

  $129,000

  • 2 Beds
  • 2 Baths
  • 1,421 Sq Ft

  958 Birch St, Memphis, TN 38108

  ATTENTION INVESTORS! This spacious 3 bedroom 2 bathroom house will make an excellent addition to your portfolio! Completely refurbished and rented for $1,150/month and under professional management. Home features spacious den with fireplace, separate dining room, large master bedroom with convenient exterior access, large upstairs storage area, and much more! Conveniently located 1 mile from

  Jeremy Veldman KAIZEN Realty, LLC

  958 Birch St, Memphis, TN 38108
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  /19

  $178,900

  • 4 Beds
  • 2 Baths
  • 1,650 Sq Ft

  3176 Yale Ave, Memphis, TN 38112

  Updated Duplex in Eastern Heights – Prime Investment Opportunity in 38112! Located just 8 minutes from Midtown and 13 minutes from Downtown Memphis, this recently renovated duplex sits in the heart of the Binghampton Redevelopment District. Each unit offers 2 bedrooms and 1 bathroom, with fresh paint and new flooring throughout. One unit is currently leased at $900/month through 11/30/2025, while

  Raven Henderson KAIZEN Realty, LLC

  3176 Yale Ave, Memphis, TN 38112
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  /5

  $189,900

  • Land
  • 1.7 Acres
  • $111,706 per Acre

  7846 Players Club Pkwy, Memphis, TN 38119

  PRICE DROP!

  Amy Alaina Diamond Properties, Inc.

  7846 Players Club Pkwy, Memphis, TN 38119
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  /15

  $158,000

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

  760 E Mckellar Ave, Memphis, TN 38106

  Newly renovated in 2024, this 3 bedroom/ 2 full bath home is a MUST SEE! A yard lover's dream with plenty of room for backyard entertaining, patio relaxation, or adding additional living space. The home includes a 1 car garage, separate den, dining room and laundry room in addition to all wood floorings throughout the home. Great for 1st time homebuyers or investors.

  Toyraine Smith Grand Point Realty, LLC

  760 E Mckellar Ave, Memphis, TN 38106
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  /2

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  2714 Nix Cove, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rentalamount of $1,250/month. Lease ends on 03/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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  /19

  $195,000 New Construction

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

  12 E Emory Rd, Memphis, TN 38109

  Brand new construction! This 3-BD/2 FULL BATH split bedroom home has it all! Great curb appeal, awesome floorplan, large backyard great for entertaining, gardening, or leisure. Beautiful wood laminate floors in each living area. Primary bedroom w/ensuite bathroom. Earthtone colors and natural lighting throughout, den and a kitchen w/ample storage space, and new appliances. Showings start

  Kelbert Fagan Crye-Leike, Inc., REALTORS

  12 E Emory Rd, Memphis, TN 38109
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  /26

  $135,000

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

  1960 N Parkway Unit 109, Memphis, TN 38112

  New Hardwood Floors, Bathroom Remodeled, Kitchen Remodeled, Half Bath Updated, Super High Ceilings in this First Floor Unit! Beautirul New Appliances and Cabinets in Super Great Kitchen!!!! All Window Treatments Were Custom Made! (Furniture Currently in the Unit May Be Available for Sale as Seller has Moved to Furnished Living Center).. Maint Fee includes Utilities, Building Insurance,

  Bill Malone Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 109, Memphis, TN 38112
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  /2

  $115,000

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

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  Harry Samuels Pinnacle Realty

  1797 Dupont Ave, Memphis, TN 38127

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