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Memphis, TN Homes under $200,000

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  • /24

    $165,000

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

    5906 Noyes Ct Unit 4, Memphis, TN 38119

    Super cute condo in gated community. Move-in ready! Freshly Painted Throughout and an updated deck. This charming home has a new HVAC system and fresh new blinds throughout. Located in a welcoming community with a recently renovated pool. You'll love the neighborhood's friendly vibe and planned activities like BBQ's and holiday dinners. Don't miss your chance to own a home that's not only

    Ashlyn Clark Keller Williams

    5906 Noyes Ct Unit 4, Memphis, TN 38119
  • /22

    $175,000

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

    3991 Kenosha Rd, Memphis, TN 38118

    Welcome to this beautifully renovated 3-bedroom, 2-bathroom home with a spacious backyard, perfect for enjoying outdoor gatherings and relaxation. Recently updated with fresh paint inside and out, this residence radiates a crisp, modern appeal. Inside, discover an inviting atmosphere with a thoughtfully redesigned interior that includes updated fixtures and finishes throughout. The open layout

    Cristian Amparan The Home Partners Realty

    3991 Kenosha Rd, Memphis, TN 38118
  • /32

    $148,000

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

    3362 Carrington Rd, Memphis, TN 38111

    Excellent investment property located just minutes from the University of Memphis. This 1,911 sq ft home features 4 bedrooms and 3 full bathrooms, offering strong rental appeal for student housing or long-term tenants. The layout is spacious and functional, with updated kitchen and baths, generous living areas, and ample natural light. Off-street parking and a low-maintenance yard add to the

    Rochelle Bouchard Keller Williams

    3362 Carrington Rd, Memphis, TN 38111
  • /37

    $179,000

    • 3 Beds
    • 2 Baths
    • 800+ Sq Ft

    548 N 6th St, Memphis, TN 38105

    Qualifies for various Down Payment Assistance grants!! This 3BR/2BA home was built in 1996 and fully renovated in 2025! Featuring new LVP flooring, quartz countertops, fixtures and stainless steel appliances! Enjoy all that Uptown has to offer—walk to St. Jude, downtown hotspots, and multiple breweries! Modern finishes and unbeatable walkability make this a perfect home or investment in a

    Bradford Long Keystone Realty, LLC

    548 N 6th St, Memphis, TN 38105
  • /9

    $117,250

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

    3430 Dobbin Ferry Ave, Memphis, TN 38118

    Welcome to 3430 Dobbin Ferry Ave, this home is located on a quiet street in Parkway Village and features 3 beds, 1bath, and offers approximately 1,005 square feet of living space! Could be perfect for a first time homeowner or a great additional to your rental portfolio. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $1095/month

    James Wachob Foundation Property Management

    3430 Dobbin Ferry Ave, Memphis, TN 38118
  • /11

    $117,400

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

    1553 Paullus Ave, Memphis, TN 38127

    Welcome to 1553 Paullus Ave, a cute 3-bedroom, 1.5-bath brick home perfect for a first time homeowner or a great additional to your rental portfolio. Don't miss this one!! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $925/month.

    James Wachob Foundation Property Management

    1553 Paullus Ave, Memphis, TN 38127
  • /40

    $198,900

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

    405 Haynes St, Memphis, TN 38111

    Charming 3 bed, 2 bath home in the heart of 38111 offering approx. 1600 sqft of living space. This home features a spacious kitchen with ample counter space and all appliances included, refrigerator, washer, and dryer stay! The layout offers comfortable living and dining areas with great natural light and beautiful hardwood throughout. Step outside to enjoy an inviting sun deck, perfect for

    Cali Neal KAIZEN Realty, LLC

    405 Haynes St, Memphis, TN 38111
  • /15

    $169,900

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

    5841 Park Ave Unit 2, Memphis, TN 38119

    Completely renovated and move-in ready, this stunning two-story condo in a gated East Memphis community combines modern updates with timeless charm. Step inside to a bright, open living area with brand-new flooring and contemporary finishes throughout. The updated kitchen is a showstopper—featuring all-new cabinetry, sleek countertops, and modern fixtures, perfect for the home chef or

    Michael Bryan Bryan Realty Group

    5841 Park Ave Unit 2, Memphis, TN 38119
  • /10

    $120,000

    • 3 Beds
    • 1 Bath
    • 1,400+ Sq Ft

    3035 Phyllis Ln, Memphis, TN 38118

    Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat in air. It is conveniently located in East

    William Haynes Crye-Leike, Inc., REALTORS

    3035 Phyllis Ln, Memphis, TN 38118
  • /24

    $195,000

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

    515 N Dunlap St, Memphis, TN 38105

    Adorable move-in ready bungalow in great location convenient to Downtown, Midtown and the Medical District! Ideal for owner-occupant or investor! Timeless features like real hardwood flooring, large windows and high ceilings! Kitchen features gas cooking and solid wood cabinets. Large fenced backyard is great for pets and hobbies. Two large bedrooms and a flex room that could be a third bedroom

    Lauren Waites Real Estate Agency

    515 N Dunlap St, Memphis, TN 38105
  • /15

    $199,900

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

    1659 Jackson Ave, Memphis, TN 38107

    Cute Ranch home with hardwood flooring and tall ceilings large office up front could be fourth bedroom off family room 3 bedrooms and 2 full baths nice size kitchen Owner prefers as is sale will provide credit or install ac unit prior to closing

    Frank Pereira Jennae Realty, Inc.

    1659 Jackson Ave, Memphis, TN 38107
  • /11

    $115,000

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

    990 N Avalon St, Memphis, TN 38107

    Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

    Michael Bryan Bryan Realty Group

    990 N Avalon St, Memphis, TN 38107
  • /12

    $155,000

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

    1759 Walter St, Memphis, TN 38108

    Beautifully Updated 3 bedroom 2 bathroom home ready for a new home owner. This home features a 3 year old roof, 2 year old HVAC, updated kitchens and updated bathrooms! Don't let this one pass you by

    Marquis Jones KAIZEN Realty, LLC

    1759 Walter St, Memphis, TN 38108
  • /10

    $129,900

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

    3816 Cedar Path Dr, Memphis, TN 38115

    What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

    Dean Harris CrestCore Realty MphsBrokerage

    3816 Cedar Path Dr, Memphis, TN 38115
  • /26

    $145,000

    • 2 Beds
    • 1 Bath
    • 1,660 Sq Ft

    3172 Yale Ave, Memphis, TN 38112

    Investors only! Fully rented brick duplex that is 100% occupied. Roof is less than 5 years old. Property is professionally managed (lease, ledger, repair history available upon request). Addresses are 3172/ 3174 Yale and each unit is 2 bedrooms & 1 bathroom. Seller just completed $10K worth of rent ready repairs at 3174 Yale. Tenant occupied brick duplex. 3172 is rented for $650 per month and

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3172 Yale Ave, Memphis, TN 38112
  • /22

    $112,000

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

    1662 Monsarrat St, Memphis, TN 38109

    INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025 and is currently rented at $1025 per month. This property is professionally managed (lease, ledger, repair history available upon request). This property is

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1662 Monsarrat St, Memphis, TN 38109
  • /8

    $100,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1493 Ragan St, Memphis, TN 38106

    This is a beautiful brick starter home for your family. Home features 2 bedrooms, living room dining room combo, updated bath, updated kitchen, large back yard, nice enclosed front porch, fenced back yard and single carport with storage space Home is sold "AS IS" Call Broker Bay for appointment

    Greta Jones KAIZEN Realty, LLC

    1493 Ragan St, Memphis, TN 38106
  • /11

    $110,000

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

    1557 Ontario Ave, Memphis, TN 38127

    Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC.

    Ellecia Hayes Keller Williams

    1557 Ontario Ave, Memphis, TN 38127
  • /16

    $126,500

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

    1601 Semmes St, Memphis, TN 38114

    Fully renovated 2-bedroom, 1-bath home featuring a brand-new roof, HVAC system, and hot water tank. The kitchen has been completely updated with modern finishes, and the bathroom is fully renovated with fresh, clean design. Beautiful hardwood floors run throughout the entire home, adding warmth and character. Freshly painted inside and out, this home is move-in ready and offers a clean, modern

    Fred Sengstacke KAIZEN Realty, LLC

    1601 Semmes St, Memphis, TN 38114
  • /11

    $132,900

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    1727 Merrycrest Dr, Memphis, TN 38111

    East Memphis Gem! This beautifully renovated 3 bedroom, 1 bathroom home in the University District offers the perfect blend of charm and modern updates. Inside you'll find new flooring throughout, a totally renovated kitchen with stone countertops, updated cabinets, and new stainless steel appliances. The bathroom has also been fully redone with modern fixtures and finishes. Just minutes from the

    Joshua Moss KAIZEN Realty, LLC

    1727 Merrycrest Dr, Memphis, TN 38111
  • /9

    $115,000

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

    331 Honduras Rd, Memphis, TN 38109

    This awesome 3-bedroom home has been renovated and is ready for move-in. This property has a new roof and new condenser It is a 3-bedroom 1 bath home with a renovated kitchen and bathroom. The house features hardwood flooring throughout and tile flooring in the kitchen and bathroom.

    Sherita McCray Assured Real Estate Services

    331 Honduras Rd, Memphis, TN 38109
  • /13

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,200+ 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
  • /22

    $185,000

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

    569 Lundee St, Memphis, TN 38111

    Charming cottage with modern updates & timeless appeal! Step into this beautifully remodeled cottage-style home that perfectly blends classic charm w/ contemporary comfort. From its inviting front porch to the 9-foot ceilings & original door moldings, this home exudes warmth & character at every turn. Inside, you'll find sun-drenched lit rooms, neutral walls, & stunning wood flooring featuring

    James Harvey Jr Keller Williams

    569 Lundee St, Memphis, TN 38111
  • /25

    $119,900

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

    3292 Stella St, 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 rental amount of $1,150/month. The lease ends on 10/31/2025. Completely renovated last August 2024. New energy efficient windows throughout, new AC, new appliances, new flooring, new bathroom, refurbished and newly painted kitchen and new stainless steel

    Dean Harris CrestCore Realty MphsBrokerage

    3292 Stella St, Memphis, TN 38127
  • /27

    $194,900

    • 1 Bed
    • 1 Bath
    • 1,000+ Sq Ft

    655 S Riverside Dr Unit 205A, Memphis, TN 38103

    Watch the sunset from your balcony in this charming condo that features kitchen with breakfast bar, granite counter tops, SS appliances, laundry closet. This HOA fee includes all your utilities. 24 hour concierge. Guard service. 1 gated secured parking space # 27, pool, wonderful club room. Just steps to the river. You will love it!

    Richard Travers Crye-Leike, Inc., REALTORS

    655 S Riverside Dr Unit 205A, Memphis, TN 38103
  • /5

    $159,900

    • 4 Beds
    • 1 Bath
    • 2,315 Sq Ft

    997 S Willett St, Memphis, TN 38114

    Discover this fully updated duplex featuring a spacious 4-bedroom, 1-bath unit downstairs and a 3-bedroom, 1-bath unit upstairs. Enjoy fresh paint, new LVP flooring, individual mini split HVAC units in each room, all nestled in a charming neighborhood!

    Matt Mitchell Reid, REALTORS

    997 S Willett St, Memphis, TN 38114
  • /13

    $124,900

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

    3026 Dearing Rd, Memphis, TN 38118

    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.

    Mark Hart Reedy & Company, REALTORS

    3026 Dearing Rd, Memphis, TN 38118
  • /20

    $110,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    2343 Zanone Ave, Memphis, TN 38114

    Beautifully renovated 2 bedroom, 1 bath home, boasts new vinyl windows, new LVP flooring, brand new appliances, kitchen cabinets and countertops! New roof, new plumbing, electrical, central heat and air system and hot water tank make this home just like new! Plus a newly fenced backyard and new driveway! This home will qualify for 100% financing with no PMI. Plus, a government grant up to $6000.

    Brandon Ackerman Keller Williams

    2343 Zanone Ave, Memphis, TN 38114
  • /19

    $169,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    765 Shotwell St, Memphis, TN 38111

    Charming 2-bedroom, 1-bath home just behind the University of Memphis—perfect for a starter home or investment property! Enjoy low-maintenance vinyl siding, an updated kitchen with painted cabinets, range, and dishwasher, plus a stack washer/dryer unit. Hardwood floors in both bedrooms with laminate throughout the rest of the home. Detached 1-car garage with a covered patio overlooks a spacious

    Gary Walls Crye-Leike, Inc., REALTORS

    765 Shotwell St, Memphis, TN 38111
  • /17

    $200,000

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

    4779 Towering Oaks Dr Unit 704, Memphis, TN 38117

    Largest floor plan in complex overlooking pool and tennis courts.

    Karen Braden-Little Crye-Leike, Inc., REALTORS

    4779 Towering Oaks Dr Unit 704, Memphis, TN 38117
  • /16

    $120,000

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

    3603 Bigelow St, Memphis, TN 38127

    Back on the market and better than before! Charming 3-bedroom, 1.5 -bath home located in the heart of the Frayser community. This well-maintained property features a bright sun room, a dedicated office space, and a spacious living area perfect for relaxing or entertaining. The kitchen comes fully equipped with appliances that will remain with the home. Schedule your showing today!

    Charlita Foulks Harris Realty Services

    3603 Bigelow St, Memphis, TN 38127
  • /11

    $125,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    2727 Dunn Ave, Memphis, TN 38114

    Fully Renovated Beauty, Welcome to your dream home! This stunning property has been completely renovated from top to bottom, blending modern elegance with timeless charm. Every detail has been thoughtfully upgraded — from brand new flooring and fresh paint throughout, to a fully updated kitchen featuring new countertops, custom cabinetry. The open-concept layout creates a warm and inviting

    Andres Zuluaga Coldwell Banker Collins-Maury

    2727 Dunn Ave, Memphis, TN 38114
  • /20

    $170,000

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

    778 N Montgomery St, Memphis, TN 38107

    This newly renovated gem is 7 minutes from downtown and 7 minutes from midtown. It comes completed renovated with new roof, HVAC and water heater. Property has passed all code enforcement inpsections. Please note that there maybe an extended contract period for FHA Loans. Near the Northside High project meant to generate value to the area. Home next door refinanced for $195k. Priced to sell.

    Jerry Duckett eXp Realty, LLC

    778 N Montgomery St, Memphis, TN 38107
  • /32

    $125,000

    • 5 Beds
    • 18,098 Sq Ft

    3205 E Shirley Cir, Memphis, TN 38127

    Vacant Tri-Plex now available. Both 1br 1ba units are rent ready. The 3br unit needs renovated. Vacant, easy to show! Selling As-Is. No owner/creative financing.

    Caleb Parr Renshaw Company, REALTORS

    3205 E Shirley Cir, Memphis, TN 38127
  • /33

    $199,900

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

    2105 Grovehaven Dr, Memphis, TN 38116

    This 3-bedroom, 2-bath home in Whitehaven, near the Memphis Airport, offers a great opportunity for homeowners or investors. With a spacious layout, it features a comfortable living area, a well-equipped kitchen, and a primary suite for privacy. The detached 2-car garage provides ample storage, parking, or workshop space. The backyard is perfect for outdoor gatherings or relaxation. Conveniently

    Fred Sengstacke KAIZEN Realty, LLC

    2105 Grovehaven Dr, Memphis, TN 38116
  • /30

    $125,000

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

    759 Olympic St, Memphis, TN 38107

    Welcome to this inviting single-level ranch style home on generously sized lot! This charming 3-bedroom, 2-bathroom home offers thoughtfully designed move in ready living space or perfect turnkey investment property! Home features lovely hardwood flooring throughout, and Central Heat & Cooling, perfect for year round comfort. Situated in the historic Midtown area, this home offers easy access to

    Christopher Stjernholm Trelora Realty

    759 Olympic St, Memphis, TN 38107
  • /18

    $129,900

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

    3388 Lord Dunmore Cove, Memphis, TN 38134

    Well maintained 3 bed/2.5 bath condo in Bartlett! Pretty wood laminate floor in living areas ~ Main bedroom offers walk-in closet & full bath. Full hallbath. Huge attic space with attic pulldown. Private fenced patio.

    KC Lam Cordova Realty, Inc.

    3388 Lord Dunmore Cove, Memphis, TN 38134
  • /22

    $189,900

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

    3459 Spottswood Ave, Memphis, TN 38111

    Large Home with Tall Ceilings and Extensive Molding ~ walking distance to U of Memphis ~ Recent Roof ~Low Maintenance Vinyl Siding ~ Fresh Paint ~ Hardwood Floors ~ Deep Lot ~ Deck ~ Separate Laundry~ Recent HVAC ~ Great for Homeownership or as a successful U of M rental

    Taj Schuerman Keller Williams Realty

    3459 Spottswood Ave, Memphis, TN 38111
  • /15

    $160,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    129 Talbot Ave Unit 102, Memphis, TN 38103

    Discover the charm of living in the vibrant South Main Arts District! Beautiful 2bed/1bath condo in the gated Residences of South Main offers an exceptional lifestyle in a prime location. Features include assigned parking, a landscaped courtyard, an updated kitchen with granite countertops, a modern bath, exposed brick, fresh paint throughout, tile-wood plank floors, and a new water heater. Enjoy

    Jeffrey Smith JASCO Realty

    129 Talbot Ave Unit 102, Memphis, TN 38103
  • /19

    $155,000

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

    1571 E Mclemore Ave, Memphis, TN 38106

    Check out this 4 Bedroom 2 Bathroom home! In the heart of Magnolia Terrace! Over 1800 sq ft of Charm, near Rozelle and Hamilton Schools. Check out that updated Bathroom! You could use this as a Personal home, or a Rental! Wonderful opportunities abound! Call to make your appointment today!

    Jennifer Clark KAIZEN Realty, LLC

    1571 E Mclemore Ave, Memphis, TN 38106

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