Memphis, TN Homes under $200,000

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  /13

  $124,900

  • 5 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  449 Fernwood Ave, Memphis, TN 38106

  INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  449 Fernwood Ave, Memphis, TN 38106
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  /21

  $200,000

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

  41 S Fenwick Rd, Memphis, TN 38111

  Located near Chickasaw Gardens and close proximity to the University of Memphis and Christian Brothers University. Centrally located among parks, golf courses and shopping. House features new windows. fresh paint in and out, new carpet in two bedrooms, hall, BR 3 has wood floors, updated bath with new toilet, vanity and faucet, 2 year old roof. Home features some original hardwood floors.

  Barbara Temple Fletcher Adaro Realty, Inc.

  41 S Fenwick Rd, Memphis, TN 38111
• 

  

  

  /19

  $150,000

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

  1100 Rozelle St, Memphis, TN 38106

  nvestor Alert! This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances, and a fully remodeled

  Caleb Hall Keller Williams

  1100 Rozelle St, Memphis, TN 38106
• 

  

  

  /13

  $189,000

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

  899 Craft Rd, Memphis, TN 38116

  Don’t miss this rare opportunity to own a charming home for under $200k, situated on a generous 5.18 acres! Just half a mile from the renowned Graceland, this property is ideally located for those seeking both peace and convenience.

  Virgil Pryor Harris Realty Services

  899 Craft Rd, Memphis, TN 38116
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  /14

  $104,900

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

  1337 Haywood Ave, Memphis, TN 38127

  Awesome 3/1 in Frayser - perfect for investors and owner-occupants both! The house is in good shape as it sits and just had a deep clean and new paint AND flooring throughout! Seller will credit Buyer for new condenser at closing, with quote provided upon request. It's a nice-sized brick 3-bed with a carport in a very hot rental area - great for portfolios looking to grow or a first home to

  Randall Weatherall Memphis Metro Realty

  1337 Haywood Ave, Memphis, TN 38127
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  /11

  $129,900

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

  10 W Mitchell Rd, Memphis, TN 38109

  Looking for all investors who want to add to their portfolio! Charming three bedroom and two bath for sale in Whitehaven near Downtown that is tenant occupied. Home rents for $1195 currently and increases in October to $1245! Lease ends in October 2026. Home is professionally managed, and tenant is current. Roof is new, AC 2021, Furnace and HWH 2023. Please call listing agent for details.

  10 W Mitchell Rd, Memphis, TN 38109
• 

  

  /12

  $150,000

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

  1370 Isabelle St, Memphis, TN 38122

  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.

  1370 Isabelle St, Memphis, TN 38122
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  /3

  $110,000

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

  1838 Townsend Ave, Memphis, TN 38127

  3br/2ba with a carport Tenant occupied- Showings only after acceptable offer SOLD AS IS

  Camille Holmes Ready Team REALTORS

  1838 Townsend Ave, Memphis, TN 38127
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  /24

  $174,901

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

  3287 Leschallas Dr, Memphis, TN 38128

  A great opportunity to make this home your own! A nice 4 bedroom layout with tons of living space downstairs. Living room and dining room give tons of options for hosting. Kitchen has good storage and a nice sitting area for a breakfast or a morning coffee. A nice side street that's quiet and has very little traffic. Separate and designated laundry area. Would make a great small cosmetic project

  Jeffrey Howard Bluff City Realty Group, LLC

  3287 Leschallas Dr, Memphis, TN 38128
• 

  

  /19

  $159,900

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

  2737 Fizer Rd, Memphis, TN 38114

  UPDATES! UPDATES! UPDATES! Presenting a beautifully renovated home featuring 3 bedrooms and 1 bathroom. The living room and dining area have been updated for a modern feel. Enjoy the convenience of a newly updated laundry room and a spacious, fenced-in backyard, perfect for outdoor activities. This property boasts new plumbing and wiring, along with new countertops and cabinets. Additionally,

  Tonji Cromwell eXp Realty, LLC

  2737 Fizer Rd, Memphis, TN 38114
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  /5

  $155,000

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

  4603 Buffer Dr, Memphis, TN 38128

  Investor Alert! Renovated 3 bed, 2 bath home in Raleigh—tenant in place paying $1,275/month (month-to-month). Updates in 2019 include roof, HVAC, bathrooms, and water heater. Great cash-flowing property. Call listing agent for details—please do not disturb tenant.

  Jeanette Lin Pinnacle Realty

  4603 Buffer Dr, Memphis, TN 38128
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  /14

  $169,999

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

  1098 Capital Ave, Memphis, TN 38107

  You CAN Have It All – Luxury, Space, Style & Value Under $200K! Why settle when you can have everything? This fully renovated 3-bedroom, 2-bath home with a 2-car garage delivers the perfect blend of modern luxury, and unbeatable value — all priced under $200K! This home is perfect for buyers who want it all: function, beauty, and peace of mind, without the luxury price tag. Whether you're

  Patrick Wilbon Keller Williams

  1098 Capital Ave, Memphis, TN 38107
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  /25

  $199,000

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

  433 S Perkins Rd Unit 17, Memphis, TN 38117

  Nicely updated condo in sought after Perkins Gardens. This unit is at the pool and has a dedicated covered parking space in the garage. The windows have been replaced, secure and gated in the heart of East Memphis. This condo even has a great walk score if you want a more pedestrian lifestyle!! Welcome Home!!

  David Da Ponte Sowell, Realtors

  433 S Perkins Rd Unit 17, Memphis, TN 38117
• 

  

  /20

  $159,900

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

  5718 Quince Rd Unit 4, Memphis, TN 38119

  Smart 2 bedroom, 1.5 bath in Yorkshire Gardens, Unit #4 Approximately 1100 sq ft. Fridge, washer & dryer and stove stay in 'as is' condition. Both bedrooms up with carpet. Wood flooring down. Tile in kitchen. Amenities: Club house & in-ground pool. Includes: Trash, grounds maintenance, pest control. Fully fenced patio. Owner is paying $250 monthly for the home owners association. Excellent

  Kim Rasche KAIZEN Realty, LLC

  5718 Quince Rd Unit 4, Memphis, TN 38119
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  /9

  $199,900

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

  5559 Ross Rd, Memphis, TN 38141

  3-bedroom, 2-bath home situated on a generous quarter-acre lot. This one-level layout features a den with a fireplace and plenty of potential throughout. A great opportunity for buyers or investors looking to personalize or hold as a long-term rental. Offers ample outdoor space and a functional floor plan. County Taxes only!

  John Quinn REMAX Experts

  5559 Ross Rd, Memphis, TN 38141
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  /4

  $149,000

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

  1585 Hugenot St, Memphis, TN 38114

  Do Not Disturb the Tenant! This property is a recently renovated home with 3 bedrooms and 2 full baths. This home has a new HVAC system, new roof, new plumbing as well recently painted with carpet in the bedrooms and laminate flooring in the living room and kitchen. Tenant pays $1100 in rent a month.**Do Not Disturb the Tenant!**

  Sherita McCray Assured Real Estate Services

  1585 Hugenot St, Memphis, TN 38114
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  /31

  $133,500

  • 2 Beds
  • 2 Baths
  • 800+ Sq Ft

  232 S Highland St Unit 905, Memphis, TN 38111

  Amazing security with a 24 hour doorman! Immaculate and with top tier amenities! Fantastic location in a sought after building with a 24 hour security guard. A few upgrades include gorgeous plantation blinds, granite kitchen counters, premium soft close shaker style kitchen cabinets, new doors, new paint, a newly remodeled master bathroom and a walk in master bedroom closet. This low

  Kendra Bell Crye-Leike, Inc., REALTORS

  232 S Highland St Unit 905, Memphis, TN 38111
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  /5

  $149,999

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

  4710 Hillbrook Rd, Memphis, TN 38109

  Looking for an affordable home in Memphis? Don’t miss 4710 Hillbrook — a fully renovated 3 bed, 2 bath gem under 1,200 sq ft. Perfect for a first-time homebuyer, this charming traditional home includes a new roof, modern updates, a spacious backyard, and a built-in alarm system. With plenty of closet space and an updated primary bathroom, you’ll enjoy comfort and style at an incredible value.

  Rasheedah Jones Dreamteam Realty Co

  4710 Hillbrook Rd, Memphis, TN 38109
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  /11

  $120,000

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

  1345 Maria St, Memphis, TN 38122

  Investor's Dream in Memphis! Don't miss this incredible opportunity to own 1345 Maria Street — a prime investment property with tons of potential. This home offers strong rental income possibilities and is located in a rapidly growing area of Memphis. Whether you're looking to add to your portfolio or start your real estate investing journey, this is a deal you’ll want to move on quickly. With a

  Courtney Clark Keller Williams

  1345 Maria St, Memphis, TN 38122
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  /10

  $140,000

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

  4470 Whitesboro Cove, Memphis, TN 38109

  Bring your buyers to see this great home with good bones and thoughtfully maintained where it matters most. The major updates are already in place with a new roof and HVAC system, both only 2 years old. This home offers more peace of mind with an existing home warranty through September 2025. Whether you're a homeowner looking to personalize your new space or an investor looking for smart

  Clarenda Hurd Keller Williams

  4470 Whitesboro Cove, Memphis, TN 38109
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  /24

  $179,500

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

  4779 Eagle Crest Dr Unit 3909, Memphis, TN 38117

  Wonderful East Memphis gated condo with 2 beautiful outdoor balconies in sought after Audubon Square. 2 bedroom, 2 bath second floor flat ready to move in. Spacious living area with cozy wood burning fireplace. Open Dining Room and updated Kitchen with Breakfast Bar. Perfect for your entertaining! Pella sliding doors open to balconies off Living Room and Primary Bedroom. Super convenient

  Mary Ruleman Hobson, REALTORS

  4779 Eagle Crest Dr Unit 3909, Memphis, TN 38117
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  /10

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2601 Dakar Ave, Memphis, TN 38127

  Terrific investment opportunity available. Property had substantial renovations in late 23/early 24 including new roof, flooring, fresh paint, updated plumbing and electrical, new kitchen and baths. Property has newer windows and looks great. This property could be great for an investor or owner occupant. This property was previously rented for $1195/month.

  William Haynes Crye-Leike, Inc., REALTORS

  2601 Dakar Ave, Memphis, TN 38127
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  /14

  $169,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  1808 Euclid Ave, Memphis, TN 38114

  This one is sure to fall in love with! Discover the timeless appeal of this delightful property whether you are a homebuyer or an investor. Only feet away from Historic district and Central Ave and close to all amenities you can think of! All upgraded 2 bedroom, 1.5 bath home exudes character. Situated in a vibrant Memphis neighborhood, this property offers a unique opportunity to own a piece of

  Olena Chambers KAIZEN Realty, LLC

  1808 Euclid Ave, Memphis, TN 38114
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  /2

  $150,000

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

  5449 Millbranch Rd, Memphis, TN 38116

  Investor Special! This charming 3-bedroom, 1-bath home offers approximately 1,300 sq ft of living space on a spacious quarter-acre lot. With strong rental potential and a competitive price point, this property is perfect for investors looking to grow their portfolio.

  5449 Millbranch Rd, Memphis, TN 38116
• 

  

  /31

  $174,000

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

  659 Eva St, Memphis, TN 38112

  100% financing options with no mortgage insurance available for this property! This charming 3 bd/1 ba, 1368 sf home offers a cozy & inviting atmosphere. With it’s well-designed layout & large bedrooms, it provides ample space for comfortable living. This home is currently a successful Airbnb, so whether you want to live in the house yourself, have a long term tenant, or have a furnished short

  Brandy Marek BHHS McLemore & Co. Realty

  659 Eva St, Memphis, TN 38112
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  /29

  $159,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3678 Mason Ave, Memphis, TN 38122

  Welcome to your new home! This charming two-bedroom, one-bathroom is perfect for those looking to take their first step toward homeownership. With an extra space that you can convert into anything you want, such as an office or a play area, the possibilities are endless. Imagine relaxing in your comfortable bedrooms, with ceiling fans that add a cozy touch and keep you cool on those hot days.

  Jeff Goff Keller Williams

  3678 Mason Ave, Memphis, TN 38122
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  /15

  $112,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  1206 Bristol Dr Unit 102, Memphis, TN 38119

  SAFE! Gated Community. Move in ready! Perfect for anyone- single, couple, student. This condo has been lovingly cared for and has its own washer and dryer. All of this is on one floor.! There is natural light in the rooms and on private patio. All condos are beautifully maintained. There is a very nice pool, a clubhouse with all facilities, a guest bedroom that can be rented for $125. HOA

  Demere Dwyer Crye-Leike, Inc., REALTORS

  1206 Bristol Dr Unit 102, Memphis, TN 38119
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  /18

  $119,500

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

  3562 Pueblo Ave, Memphis, TN 38127

  Move in ready and Totally renovated. 3 bed 1 bath. LVP flooring and new carpet in the bedrooms. Neutral paint, open kitchen floor plan with breakfast bar. Gas stove, new countertops. Huge backyard.

  Antonio Walton The Home Partners Realty

  3562 Pueblo Ave, Memphis, TN 38127
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  /26

  $142,900

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

  3599 Kearney Ave, Memphis, TN 38111

  Great potential with light rehab needed and expansion capabilities.Enjoy a beautiful backyard ideal for entertaining, along with a separate laundry area and a full pantry. The upstairs is semi-complete, perfect for adding more living space. Kitchen floors complete. Located near UofM , in a desirable neighborhood, this property is an excellent investment opportunity. Serious offers only. Contact

  Cali Neal KAIZEN Realty, LLC

  3599 Kearney Ave, Memphis, TN 38111
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  /3

  $159,999

  • Land
  • 0.21 Acre
  • $761,900 per Acre

  883 S Barksdale St, Memphis, TN 38114

  Rare corner lot located in the heart of walkable Midtown. Filled with history and full of potential. Once home to a variety of beloved local businesses over the past century, this lot offers a unique opportunity to reimagine a vibrant space in one of the city's most dynamic neighborhoods

  Shelby Harris The Home Partners Realty

  883 S Barksdale St, Memphis, TN 38114
• 

  

  /19

  $199,000

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

  1280 Salem St, Memphis, TN 38122

  BIG PRICE REDUCTION FOR QUICK SALE!! This adorable East Memphis beauty has been FULLY RENOVATED and has SO MUCH space (Estimated 1670 SF)! Just about every surface has been updated. Renovations were thoughtfully crafted with flexibility in mind, including multi-functional space throughout! Upstairs can be used as bedroom, playroom, or just a personal getaway. Downstairs, the office can double as

  Chad Woelke Heritage Homes Co.

  1280 Salem St, Memphis, TN 38122
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  /4

  $142,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1318 Breedlove St, Memphis, TN 38107

  The sell price includes 2 additional Lots, located at 1372 Kney St. 38107 and 1303 Breedlove St. 38107.

  Jackie Braden Braden, Braden & Braden LLC

  1318 Breedlove St, Memphis, TN 38107
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  /30

  $185,000

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

  801 Merrywood Glen Unit 2705, Memphis, TN 38117

  GORGEOUS renovated 2 BR 2 full bath condo in fantastic Audubon location! Gated community! 2 designated parking spaces- I covered and 1 uncovered. Hardwood floors, smooth ceilings, gorgeous kitchen and baths. Washer, Dryer and Refrigerator remain with unit. Nice balcony off great room. Spacious and open living area! Wood blinds. Area rugs can remain. Granite, Quartz, tile backsplash, stainless!

  Sally Isom Coldwell Banker Collins-Maury

  801 Merrywood Glen Unit 2705, Memphis, TN 38117
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  /26

  $150,000

  • 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
• 

  

  /23

  $184,900

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

  1762 Wendy Dr, Memphis, TN 38114

  The 4-bedroom, 2-bathroom configuration provides versatility for various household needs. The 1,765 square foot layout balances private spaces with communal areas for a home that functions beautifully for everyday life and special occasions. The home has been intelligently utilized to create a flowing floor plan that works for today's lifestyle. The four bedrooms provide plenty of space for

  James Johnson KAIZEN Realty, LLC

  1762 Wendy Dr, Memphis, TN 38114
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  /29

  $184,900

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

  2863 Randy Cove, Memphis, TN 38118

  Totally renovated and move in ready! 3 bedroom and 2 bath. This beautifully updated home features a brand new roof, fresh interior and exterior paint, and all new flooring throughout. New HVAC System, Electrical and plumbing updated. Kitchen shines with updated cabinets. Enjoy expanded living space with an enclosed sunroom, perfect for entertaining and relaxing. A must see for buyers looking for

  Realis Sanders Keller Williams

  2863 Randy Cove, Memphis, TN 38118
• 

  

  /20

  $199,000

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

  1915 Edward Ave, Memphis, TN 38107

  This beautiful 3 bedroom, 1.5 bathroom home is located in Vollintine-Evergreen historic district! Totally renovated, this beauty sits on a large corner lot. Featuring hardwood flooring throughout, stunning kitchen with stainless appliances, updated bathrooms, large laundry room, and detached garage. Near Rhodes College, Crosstown Concourse, Overton Park Zoo, restaurants and more! Virtually

  Demetris Mays-Graham C21 Patterson & Assoc. Real Es

  1915 Edward Ave, Memphis, TN 38107
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  /27

  $130,000

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

  4795 Audubon View Cir Unit 3107, Memphis, TN 38117

  Desirable upstairs end unit. Private entrance to this spacious and light filled two bedroom two bath flat. Well maintained unit with newer appliances offers a chance to update to your taste, or move right in. Balconies off the living room and primary bedroom. Two dedicated parking paces, one covered. Lovely gated complex offers multiple pools, club house, tennis courts and well landscaped

  Shelly Rainwater Ware Jones, REALTORS

  4795 Audubon View Cir Unit 3107, Memphis, TN 38117
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  /8

  $159,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  365 Ellsworth St, Memphis, TN 38111

  Investment opportunity: East Buntyn Historic District, behind Highland Row, close proximity to University of Memphis Main Campus, across from newer developments. Cash/As-Is only. Spacious lot for home expansion. Owner/Agent will consider owner financing. ALL offers considered. Call for more details.

  Moses Villarreal KAIZEN Realty, LLC

  365 Ellsworth St, Memphis, TN 38111
• 

  

  /26

  $174,900

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

  3923 Laura Springs Dr, Memphis, TN 38128

  Welcome to 3923 Laura Springs Dr., a charming 3-bedroom, 2.5-bathroom home in a cozy neighborhood. This inviting property features a spacious living room with plenty of natural light, a functional kitchen with ample cabinet space, and a cozy dining area. The primary bedroom includes an en-suite bathroom for added comfort. All bedrooms and laundry room upstairs. Large bedrooms! New light fixtures!

  Anamika Jasani Renshaw Company, REALTORS

  3923 Laura Springs Dr, Memphis, TN 38128

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