Memphis, TN Homes for Sale under $200,000

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  /15

  $125,000

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

  1532 Barton St, Memphis, TN 38106

  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

  1532 Barton St, Memphis, TN 38106
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  /7

  $135,000

  • 3 Beds
  • 1.5 Baths
  • 1,192 Sq Ft

  4010 Woodburn Dr, Memphis, TN 38127

  Tenant-Occupied Investment Property at 4010 Woodburn — $1,100/mo Cash-flowing single-family rental with a long-term tenant in place paying $1,100/month. This tenant has called the property home since 2020 and would love to stay — exactly the kind of stability investors look for, meaning immediate income, no lease-up period, and low turnover risk. A tenant with this length of tenure is a genuine

  Caleb Parr Renshaw Company, REALTORS

  4010 Woodburn Dr, Memphis, TN 38127
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  /19

  $60,000

  • 3 Beds
  • 1 Bath
  • 1,209 Sq Ft

  2114 Lowell Ave, Memphis, TN 38114

  Beautiful brick home totally remodel inside-out. Roof 7 years old, new hardwood floors, new kitchen cabinet countertops and disposal. Heating/AC lest than 10 years old. plumbing from the street and the home. wire the home also. home has at tool shed in back yard. Floor issues. home for Owner Occupant or Investor either way you want go wrong.

  Major Smith Deberry-Smith Realty LLC

  2114 Lowell Ave, Memphis, TN 38114
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  /30

  $145,000

  • 1 Bed
  • 1 Bath
  • 900 Sq Ft

  109 N Main St Unit 1103, Memphis, TN 38103

  A spacious light filled condominium with multiple community amenities, including a Rooftop, Private gym, swimming pool, and hot tub, as well as an in-house coffee shop. Upon entering the elegant lobby, you will see mailboxes and fob entry only elevators to take you up to level 11. Unit 1103 specifically boasts beautiful views of Main Street and lots of closet space.

  Ralph Harvey List With Freedom.Com, Inc.

  109 N Main St Unit 1103, Memphis, TN 38103
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  /28

  $166,000

  • 3 Beds
  • 2 Baths
  • 1,721 Sq Ft

  1313 Ryanwood Ave, Memphis, TN 38116

  The home has been well maintained and is in good condition, allowing its new owners to move in with confidence. Whether you're enjoying time with family or hosting guests, you'll appreciate the inviting atmosphere and practical design throughout. Conveniently located near schools, shopping, restaurants, parks, and major roadways, this home offers easy access to everything Memphis has to offer.

  Jay McMiller Bespoke Realty

  1313 Ryanwood Ave, Memphis, TN 38116
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  /8

  $135,000

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3198 Millwood Rd, Memphis, TN 38109

  Tenant Occupied. Please Do not disturb Tenant Beautifully renovated home. Brand New Floors and paint. This home has a huge backyard for gatherings and/or entertaining. Spacious home with lots of upgrades.

  Rodney Porter Assured Real Estate Services

  3198 Millwood Rd, Memphis, TN 38109
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  /4

  $39,900

  • 3 Beds
  • 1 Bath
  • 1,077 Sq Ft

  844 Brandywine Blvd, Memphis, TN 38127

  Vacant home in Northaven area that needs repairs. Home has covered parking and is priced accordingly. Home is being sold as-is, where-is. Seller won't make any repairs or turn on utilities or cut the grass. Please go view the home and make an offer with no contingencies. Cash offers only. Many homes in this subdivision have been rehabbed over the last few years and sold for more money. IT IS TIME

  Tyler Tapley Crye-Leike, Inc., REALTORS

  844 Brandywine Blvd, Memphis, TN 38127
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  /18

  $179,000

  $6K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,161 Sq Ft

  3244 S Perkins Rd, Memphis, TN 38118

  Move-in ready 3-bedroom, 2-bath home featuring fresh paint, new flooring, updated bathrooms, and a beautifully updated kitchen with modern finishes. Enjoy a spacious backyard and covered front porch. Schedule your showing today!

  Juan Martinez eXp Realty, LLC

  3244 S Perkins Rd, Memphis, TN 38118
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  /28

  $158,000

  $11K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,375 Sq Ft

  4278 Auburn Rd, Memphis, TN 38116

  Move in ready 3 bedroom, 2 bath home in a quiet neighborhood. Close to all the conveniences.

  Jason Cousar Southeast Investors, LLC

  4278 Auburn Rd, Memphis, TN 38116
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  /3

  $114,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,540 Sq Ft

  3716 Naylor Dr, Memphis, TN 38128

  Calling all investors and renovators! This 3-bedroom, 2-bathroom home offers a great opportunity to bring your vision to life. Featuring a 1-car attached carport and a functional floor plan, this property is ready for updates and improvements to unlock its full potential. Whether you're looking for your next flip, rental investment, or renovation project, this home is full of possibilities.

  Vicki Testerman Mainstay Brokerage, LLC

  3716 Naylor Dr, Memphis, TN 38128
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  /21

  $115,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 972 Sq Ft

  400 Fairhope Rd, Memphis, TN 38109

  Renovated three bedroom, one bath home at a price point that works for a first-time buyer or an investor. Updates include a new roof, recently replaced HVAC, new flooring, fresh paint throughout, electrical updates, and all windows reworked. The bath has a new vanity, fixtures and a tiled tub surround, and the kitchen has white cabinets and a black tile backsplash. Deep lot with a long driveway

  Juan Torres Fast Track Realty, LLC

  400 Fairhope Rd, Memphis, TN 38109
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  /15

  $65,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,079 Sq Ft

  1436 Maplewood St, Memphis, TN 38108

  Solid 3-bedroom, 1-bathroom investor special in 38108. Featuring hardwood floors and a recently painted exterior, this asset is primed for a streamlined value-add turn. Priced to move quickly to a cash or non-contingent buyer. Cash or hard money preferred, as-is sale.

  Shae Roberts Advantage Property Management

  1436 Maplewood St, Memphis, TN 38108
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  /22

  $89,000

  • 4 Beds
  • 1 Bath
  • 1,392 Sq Ft

  3504 Obion St, Memphis, TN 38127

  Great opportunity in the Frayser area! This 4-Bedroom, 1 bath home offers approx. 1400 sqft of living space with a spacious layout and strong potential for both homeowners and investors. Previously rented for $1350/mo. and $1600/mo through housing assistance, STRONG rental history! The home features functional layout, spacious yard, conveniently located near major roadways, shopping, and everyday

  Candice Freeman Keller Williams

  3504 Obion St, Memphis, TN 38127
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  /8

  $149,000

  • Land
  • 3.64 Acres
  • $40,934 per Acre

  830 W Raines Rd, Memphis, TN 38109

  Calling all investors and developers! This 3-acre mixed-use property is packed with potential. Whether you’re thinking retail, office, residential, or a creative mixed-use project, the possibilities are endless. Great location, great visibility, and plenty of room to bring your vision to life. Buyer to verify zoning, permitted uses, utilities, acreage, and all development requirements.

  Jasmine Hawkins KAIZEN Realty, LLC

  830 W Raines Rd, Memphis, TN 38109
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  /7

  $65,000

  • 5 Beds
  • 2 Baths
  • 2,222 Sq Ft

  1314 S Willett St, Memphis, TN 38106

  This duplex was converted in a church. It can be converted back to a duplex. Property need a new roofand additional cosmetic work. Great investment for a rental

  Sonja Hester Progressive Realty Services

  1314 S Willett St, Memphis, TN 38106
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  /6

  $200,000

  $60K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,400 Sq Ft

  4709 Stage Rd, Memphis, TN 38128

  Spacious 1-story home featuring 4 bedrooms, 3 bathrooms, and a 2-car attached carport with a functional layout designed for comfortable everyday living. The main living areas offer plenty of natural light and space for relaxing or entertaining, while the kitchen provides ample cabinet and counter space for meal preparation and gatherings. The primary suite includes a private bath, and the

  Vicki Testerman Mainstay Brokerage, LLC

  4709 Stage Rd, Memphis, TN 38128
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  /2

  $59,999

  • 3 Beds
  • 1 Bath
  • 875 Sq Ft

  771 Carrolton Ave, Memphis, TN 38127

  Investor Special. Rented with long term tenant. 3 Bedroom 1 bath home.

  Suzanne Smith Enterprise, REALTORS

  771 Carrolton Ave, Memphis, TN 38127
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  /16

  $94,900

  $20K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,181 Sq Ft

  3242 Markley St, Memphis, TN 38127

  Single-story conventional ranch residence situated within the Harvester Hills subdivision corridor of Memphis. This residence features a functional main-level footprint encompassing approximately 1,181 to 1,210 square feet of finished living space, including 3 bedrooms and up to 1.5 bathrooms. The interior floor plan incorporates a primary living area, carpeted flooring sections, and an adjacent

  Thee Gaines Trelora Realty

  3242 Markley St, Memphis, TN 38127
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  /19

  $155,000

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  1565 S Parkway E, Memphis, TN 38106

  Beautifully renovated 3-bedroom, 1-bath home featuring modern updates throughout! Enjoy brand-new flooring, stylish kitchen cabinets, and smooth ceilings that give the home a clean, contemporary feel. The bathroom has been fully updated with fresh finishes. Outside, you'll find a long driveway with plenty of parking-comfortably fitting up to 5 cars. This move-in ready home offers great value at

  Flor Bernal Crye-Leike, Inc., REALTORS

  1565 S Parkway E, Memphis, TN 38106
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  /2

  $5,000

  $7K PRICE DROP

  • Land
  • 16,117 Sq Ft
  • $13,514 per Acre

  41 E Brooks Rd, Memphis, TN 38109

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  41 E Brooks Rd, Memphis, TN 38109
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  /29

  $109,900

  • 1 Bath
  • 453 Sq Ft

  109 N Main St Unit 405, Memphis, TN 38103

  Experience the best of downtown Memphis from this affordable studio just steps from bars, restaurants, and scenic parks along the Mississippi River. Enjoy daily sunsets and skyline views from the building’s rooftop terrace, complete with new gas grills perfect for entertaining. Amenities include a fitness center, indoor pool, hot tub, event room with river and city views, and a cozy coffee shop

  Tyler Bowman Weichert, REALTORS-BenchMark

  109 N Main St Unit 405, Memphis, TN 38103
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  /4

  $35,000

  $5K PRICE DROP

  • Land
  • 1.02 Acres
  • $34,314 per Acre

  3429 Range Line Rd, Memphis, TN 38127

  Beautiful lot in the city limits. High traffic area with the possibility of changing to commercial use. Motivated Seller BRING ALL OFFERS!!!

  Timika Montes de Oca Adaro Realty, Inc.

  3429 Range Line Rd, Memphis, TN 38127
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  /14

  $144,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  3844 Ajanders Dr, Memphis, TN 38127

  Well-maintained 4-year-old home conveniently located near major employers including Nike and Amazon. This 4-bedroom, 2-bath home features an open-concept living area that flows seamlessly into the kitchen, complete with a center island ideal for meal prep and gathering. The home also offers a spacious laundry room and durable stained concrete flooring throughout, providing both style and

  Ben Strauch Skyline Realty

  3844 Ajanders Dr, Memphis, TN 38127
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  /8

  $62,833

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,312 Sq Ft

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115

  Package sale 3755 3bed/1.5 bath & 3760 Cambridge Station Dr. 2bed/1.5 bath. Tenant occupied in 3755, great investment opportunity or home purchase. Call agent for more information and showings.

  John Cornes CCIM Braden, Braden & Braden LLC

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115
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  /10

  $150,000

  • 4 Beds
  • 2 Baths

  869 Pearce St, Memphis, TN 38107

  Cash flowing duplex near downtown! This property was recently renovated. Each side rented at $795/mo. Professional management already in place! No showings without accepted offer. Do not disturb tenants, drive by only.

  Caleb Parr Renshaw Company, REALTORS

  869 Pearce St, Memphis, TN 38107
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  /16

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,076 Sq Ft

  3834 Windermere Rd, Memphis, TN 38128

  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

  3834 Windermere Rd, Memphis, TN 38128
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  /7

  $180,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,024 Sq Ft

  3741 Faxon Ave, Memphis, TN 38122

  Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3741 Faxon Ave, Memphis, TN 38122
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  /28

  $165,000

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,435 Sq Ft

  3929 Chelsea Hill Dr, Memphis, TN 38128

  Wonderful 3 bedroom 2 and a half bathroom home in very nice condition with a 2-car garage. Home has several new updates including: brand new roof (complete tear off & replacement), new interior and exterior paint, some new flooring, painted kitchen cabinets, exterior wood repair, brand new stove and new dishwasher, plus big backyard that is fully fenced (perfect for pets). Seller installed new

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3929 Chelsea Hill Dr, Memphis, TN 38128
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  /18

  $185,900

  • 3 Beds
  • 2.5 Baths
  • 1,622 Sq Ft

  3173 Tulip Poplar Dr Unit 5, Memphis, TN 38115

  Discover this thoughtfully updated condo, offering a practical blend of style and convenience. Designed for a turn-key lifestyle, the home features a refreshed interior with contemporary updates that prioritize everyday functionality and comfort. The kitchen serves as a reliable centerpiece, featuring durable granite countertops and a suite of new stainless steel appliances. The ample counter

  Carl Purifoy Trelora Realty

  3173 Tulip Poplar Dr Unit 5, Memphis, TN 38115
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  /6

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,282 Sq Ft

  1820 Macaulay Ave, Memphis, TN 38127

  Beautifully Updated Corner-Lot Home! Welcome home to this charming 3-bedroom, 2-full-bathroom property situated on a desirable corner lot. This move-in-ready home features numerous recent updates, including a new roof, new A/C system, and new storm windows for added comfort and efficiency. The interior has been freshly painted, creating a bright and inviting atmosphere throughout. The kitchen is

  Lavertra Stewart C21 Patterson & Assoc. Real Es

  1820 Macaulay Ave, Memphis, TN 38127
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  /14

  $165,000

  $18K PRICE DROP

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

  1048 N Avalon St, Memphis, TN 38107

  Step inside this beautifully newly renovated classic, where timeless character meets thoughtful modern updates. This charming home showcases gorgeous original hardwood floors that flow throughout, adding warmth and authenticity at every turn. The updated bathrooms honor the era with a traditional twist, blending vintage appeal with today’s comfort and style. A lovely, well-designed layout offers

  Deborah Williams 4 Success Realty, LLC

  1048 N Avalon St, Memphis, TN 38107
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,014 Sq Ft

  3791 Marvin St, Memphis, TN 38127

  Great opportunity for an investor or owner-occupant! This 3-bedroom, 1-bath home is in solid condition and requires minimal work, making it an excellent option for a quick move-in or addition to a rental portfolio. Attractive price point with room to add your personal touches. Property is being sold AS-IS. Schedule your showing today! Out of state investor ready to sell three other properties,

  Derek Shaw Progressive Realty Services

  3791 Marvin St, Memphis, TN 38127
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  /2

  $5,000

  $2K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $31,250 per Acre

  268 E Olive Ave, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  268 E Olive Ave, Memphis, TN 38106
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  /17

  $71,249

  $13K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,041 Sq Ft

  432 W Peebles Rd, Memphis, TN 38109

  Affordable Memphis living with solid bones and updates already in place. Come take a look before someone else does. Move-in ready 3-bed, 1-bath home built in 1923, offering 1,041 sqft of practical living space on a generous 9,583 sqft lot. This single-family residence features an open living room that actually has room to host more than just the remote, plus generously sized bedrooms and

  Joshua Cooper Sowell, Realtors

  432 W Peebles Rd, Memphis, TN 38109
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  /22

  $119,900

  $10K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 946 Sq Ft

  4400 Poplar Ave Unit 21, Memphis, TN 38117

  Welcome to the Marsonne! This property is in the heart of East Memphis. Close to shopping/restaurants, the interstate. This gated community has a community pool as well. No rentals allowed. Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  4400 Poplar Ave Unit 21, Memphis, TN 38117
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  /2

  $12,500

  $3K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $113,636 per Acre

  2420 Hubbard Ave, Memphis, TN 38108

  Excellent building opportunity; lot in a prime location. Ideal for builders and ready for your new project to begin; Convenient street access; Previously bought in tax sale. buyer responsible for endorsement fee; existing utility access nearby.

  Sherrie Nolen D. C. A. Realty, LLC

  2420 Hubbard Ave, Memphis, TN 38108
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  /24

  $155,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,291 Sq Ft

  5128 Jessie Lee Ln, Memphis, TN 38118

  Step into this beautifully maintained and thoughtfully updated 3-bedroom, 2-bathroom home nestled in a peaceful, tree-lined neighborhood. With recent upgrades this home blends classic comfort with modern functionality — perfect for a first-time homebuyer, a small family, or an investor looking for a turnkey rental. Roof replaced (2020) — peace of mind for years to come! Energy-efficient windows

  John Payne BEST Real Estate Company

  5128 Jessie Lee Ln, Memphis, TN 38118
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  /34

  $99,900

  • 3 Beds
  • 2 Baths
  • 1,324 Sq Ft

  177 Shofner Ave, Memphis, TN 38109

  Charming mid-century single-family home featuring 3 bedrooms, 2 bathrooms and a functional, comfortable layout. Highlights include an open living area, eat-in kitchen potential, and solid construction situated on a generous residential lot. Enjoy a spacious backyard ideal for outdoor activities, relaxation, or entertaining. Located in Southwest Memphis with quick, convenient access to I-55,

  Carl Purifoy Trelora Realty

  177 Shofner Ave, Memphis, TN 38109
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  /13

  $95,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 838 Sq Ft

  1871 Gooch Rd, Memphis, TN 38109

  Charming 4-bedroom, 1-bath home situated on a spacious 1.3-acre lot. This property offers a beautifully updated kitchen and bathroom, blending modern convenience with comfortable living. All flooring throughout the home is durable and stylish luxury vinyl plank, providing a cohesive look and easy maintenance. The home also features a handicap-accessible ramp for added ease and functionality. With

  Allyson Avera Crye-Leike, Inc., REALTORS

  1871 Gooch Rd, Memphis, TN 38109
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  /23

  $99,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,144 Sq Ft

  4254 Sidney Rd, Memphis, TN 38116

  Welcome to 4254 Sidney Rd, Memphis, TN 38116! This inviting home offers a functional layout with comfortable living spaces designed for everyday living. The spacious yard provides plenty of room for outdoor activities, gardening, or future enhancements. Conveniently located near major roadways, shopping, dining, schools, and parks, this property offers easy access to daily essentials and

  Carl Purifoy Trelora Realty

  4254 Sidney Rd, Memphis, TN 38116

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