Shelby County TN Homes under $200,000

• 

  

  

  /19

  $169,000

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

  3157 Johnson Ave, Memphis, TN 38112

  Welcome to this beautifully updated single-family ranch-style home, offering comfort, charm, and modern touches throughout. This inviting residence features spacious kitchen w/attractive countertops, modern cabinetry, and lovely LVP flooring. Sizeable bedrooms w/ceiling fans offer plenty of room and additional storage space. Primary bedroom features private bath. Step outside to a generously

  Christopher Stjernholm Trelora Realty

  3157 Johnson Ave, Memphis, TN 38112
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  /17

  $165,000

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

  1031 June Rd, Memphis, TN 38119

  The most adorable unit in wonderful gated Poplar Place condominiums in the heart of east Memphis! Features include brand new carpet, light neutral colors and decor, cool kitchen and bathroom updates, private fenced patio, lots of closet and storage space, gated parking, neighborhood pool and more. Convenient location, close to shopping, restaurants, and interstate access. Come see!

  Mindy Wagerman Marx-Bensdorf, REALTORS

  1031 June Rd, Memphis, TN 38119
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  /24

  $119,900

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

  475 N Highland St Unit 10J, Memphis, TN 38122

  Brilliant 10th floor Northwest facing condo with balcony that overlooks both the condo's pool and Chickasaw Country Club. Balcony accessible from both the living room and the second bedroom. All new paint in this 2 bedroom, 2 bath unit on the 10th floor of the unique Fairway Towers. Complex includes a swimming pool, gym, and grilling areas around pool deck. Each unit has a storage closet in the

  Donnie Morrow eXp Realty, LLC

  475 N Highland St Unit 10J, Memphis, TN 38122
• 

  

  /2

  $119,900

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

  1975 Wellons Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1975 Wellons Ave, Memphis, TN 38127
• 

  

  /2

  $100,000

  • Land
  • 0.71 Acre
  • $140,845 per Acre

  707 Craft Rd, Memphis, TN 38116

  Prime opportunity in Memphis! This .717-acre corner lot at 707 Craft Road offers excellent visibility and access—perfect for a variety of potential uses. Zoned for residential or possible commercial development (buyer to verify), this spacious parcel is ideal for a custom home, duplex, small business, or even a community-focused project like a daycare or place of worship. Located in an

  Romond McClinton Crye-Leike, Inc., REALTORS

  707 Craft Rd, Memphis, TN 38116
• 

  

  /7

  $197,000

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

  2980 Ridgeway Rd, Memphis, TN 38115

  Spacious and well-located, this 4-bedroom, 2-bath home in the heart of Hickory Hill offers nearly 2,000 sq ft of living space and perfect for families or investors looking to invest in an area with strong rental demand being located approximately 5 miles from the Fed Ex headquarters.

  Ashley Claunch Premier Realty Group, LLC

  2980 Ridgeway Rd, Memphis, TN 38115
• 

  

  /25

  $115,000

  • 1 Bed
  • 1 Bath
  • 100+ Sq Ft

  109 N Main St Unit 808, Memphis, TN 38103

  Live in the heart of downtown Memphis at the historic Claridge House on North Main! This cozy studio condo offers stunning north-facing views of the city skyline and the iconic Pyramid. Enjoy a bright, open layout with updated modern lighting, a stylish backsplash, and brand-new kitchen appliances. The building is rich in amenities, including an indoor pool, rooftop patio with grills and dining

  Donnie Morrow eXp Realty, LLC

  109 N Main St Unit 808, Memphis, TN 38103
• 

  

  /13

  $179,900

  • 2 Beds
  • 1 Bath
  • 2,018 Sq Ft

  755 N Avalon St, Memphis, TN 38107

  Income-producing property in the Vollintine-Evergreen Historic District with lots of potential. The downstairs unit features two bedrooms, an office and one bathroom. Long-term tenant is month-to-month and is paying $1000/month (under market). The upstairs unit is vacant and features a separate entrance on the side of the house, one bedroom, a large office that could be a second bedroom, and one

  Robert Grisham Bluff City Realty Group, LLC

  755 N Avalon St, Memphis, TN 38107
• 

  

  /23

  $175,000

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

  519 Dreger Ave, Memphis, TN 38109

  Charming One-Level Living in Whitehaven! Discover this well-maintained 3-bedroom, 2-bath home in the Whitehaven area. This single-level residence offers spacious living with a welcoming great room featuring a cozy fireplace. The traditional eat-in kitchen is ideal for casual dining, and hardwood floors add warmth and character throughout. Enjoy a nice-sized lot with a generous backyard and a

  Samiha Alward Keller Williams

  519 Dreger Ave, Memphis, TN 38109
• 

  

  /14

  $189,900

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

  4632 Bill Knight Rd, Millington, TN 38053

  AWESOME DEN with plenty of windows and gas fireplace. NEW ROOF, NEW WATER HEATER. HVAC approx 2yrs. Newer windows. 3 bedrooms. Living room. All appliances included(newer) Laminate floors and some carpet. Fenced yard. Storage building. Pretty flowers. Brick and vinyl siding.

  Nancy Carroll Crye-Leike, Inc., REALTORS

  4632 Bill Knight Rd, Millington, TN 38053
• 

  

  /13

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,641 Sq Ft

  33 E Fernwood Ave, Memphis, TN 38109

  Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in

  Tyler Tapley Crye-Leike, Inc., REALTORS

  33 E Fernwood Ave, Memphis, TN 38109
• 

  

  /23

  $126,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  109 N Main St Unit 611, Memphis, TN 38103

  Unique unit is now available at the Claridge house, this recently renovated 1 bed/ 1 bath condo has its own washer and dryer. Stunning rooftop views, and minutes away from the river, Claridge house has so much history and charm. Fitness center in basement. Pool and hot tub on second floor. Great for the working professional, or for those needing a getaway spot downtown! All appliances to stay.

  Amanda Kirkman KAIZEN Realty, LLC

  109 N Main St Unit 611, Memphis, TN 38103
• 

  

  /15

  $170,000

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

  5595 Millbranch Rd, Memphis, TN 38116

  This fantastic investment opportunity or Owner occupant. Property offers excellent rental income potential! The property features a brand-new roof, providing peace of mind for years to come. Ideally located just minutes from major highways and convenient shopping, this home boasts accessibility and convenience. Whether you're an investor seeking a lucrative rental property or a homeowner looking

  Carla Mosley KAIZEN Realty, LLC

  5595 Millbranch Rd, Memphis, TN 38116
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  /6

  $109,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  8156 Harley Square Unit E-17, Memphis, TN 38016

  Amazing opportunity to own a move-in ready 1 bedroom, 1 bath condo located close to everything. Spacious living room & bedroom, private fenced patio; primary bedroom has walk-in closets.

  Sherri Schmid Groome & Co.

  8156 Harley Square Unit E-17, Memphis, TN 38016
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  /10

  $164,900

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

  1041 Richland Dr, Memphis, TN 38116

  This turnkey rental features new LVP flooring throughout, a full interior repaint, updated LED lighting, outlets, switches, and wall plates, and new pre-hung doors in every room. Two fully renovated bathrooms boast new tubs, tile, vanities, and fixtures. The kitchen remodel includes shaker cabinets, Formica counters, a new sink, and vent hood, with walls opened for a modern layout. Exterior

  James Wachob Foundation Property Management

  1041 Richland Dr, Memphis, TN 38116
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  /6

  $135,000

  • Land
  • 2.00 Acres
  • $67,500 per Acre

  280 N Monterey Farms Cove N, Unincorporated, TN 38017

  Exceptional 2-Acre Lot on Prestigious Monterey Road Discover the perfect setting for your dream home! This beautifully rolling 2-acre parcel offers a scenic blend of open land and mature trees, providing both privacy and natural beauty. Located just moments from Spring Creek Golf Course, this prime property boasts an exclusive stone fence frontage that adds timeless elegance and curb appeal.

  Staffardnette Young REMAX Experts

  280 N Monterey Farms Cove N, Unincorporated, TN 38017
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  /6

  $135,000

  • Land
  • 2.40 Acres
  • $56,250 per Acre

  272 N Monterey Farms Cove, Collierville, TN 38017

  Exceptional 2-Acre Lot on Prestigious Monterey Road Discover the perfect setting for your dream home! This beautifully rolling 2-acre parcel offers a scenic blend of open land and mature trees, providing both privacy and natural beauty. Located just moments from Spring Creek Golf Course, this prime property boasts an exclusive stone fence frontage that adds timeless elegance and curb appeal.

  Staffardnette Young REMAX Experts

  272 N Monterey Farms Cove, Collierville, TN 38017
• 

  

  /17

  $155,000

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

  3682 Hyacinth Dr, Memphis, TN 38115

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1200 per month and is on a lease from 8/01/2023 until 07/31/2026. This property was newly renovated in 2023 and a new furnace, central A/C, hot water heater, and roof were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative

  Mark Hart Reedy & Company, REALTORS

  3682 Hyacinth Dr, Memphis, TN 38115
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  /4

  $105,000

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

  506 N 6th St, Memphis, TN 38105

  Vacant. Short walk from St.Jude and Downtown. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  506 N 6th St, Memphis, TN 38105
• 

  

  /17

  $140,000

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

  599 Isabelle St, Memphis, TN 38122

  Attention investors and first time home buyers, Charming, renovated, this turn-key gem is tucked away in a hidden pocket of the neighborhood and walking distance to Grahamwood elementary! 3-bedrooms, 1-bath home features a blending of classic charm and renovation. Enjoy a bright, open living space, a dedicated laundry room, plus a covered carport. The fenced-in backyard is the perfect size—easy

  Jason Wallace Keller Williams Realty

  599 Isabelle St, Memphis, TN 38122
• 

  

  /15

  $105,000

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

  1322 Standridge St, Memphis, TN 38108

  Beautiful Home Completed Renovated Everything is New (Updated Kitchen,Bathrooms, added a bathroom,New Wood Floor Beams and Flooring, New Electrical,New Plex style Plumbing,New Paint,New Doors etc.Great for a First time buyer or a perfect addiction to your rental portfolio.Reach out to your Favorite Realtor for showing or give me a call.

  Timothy Nix eXp Realty, LLC

  1322 Standridge St, Memphis, TN 38108
• 

  

  /15

  $159,900

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

  4420 Shadow Leaf Cove N, Memphis, TN 38128

  ***Contract failed due to buyer's financing!! Welcome home! This stunning 3-bed, 2-bath home includes upgrades throughout. Step inside to fresh interior paint and new carpet in the bedrooms, complemented by LVP flooring in the living areas. The kitchen shines with stainless steel appliances. Both bathrooms have been updated. Outside, enjoy a spacious fenced backyard, perfect for pets, play, or

  Jamie Green River City Land Co., LLC

  4420 Shadow Leaf Cove N, Memphis, TN 38128
• 

  

  /21

  $155,000

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

  1418 S Perkins Rd, Memphis, TN 38117

  Step into this charming single-story home that has been lovingly maintained and offers a warm, welcoming atmosphere. Featuring 3 comfortable bedrooms and 1 full bathroom, this home is ideal for those seeking simplicity, functionality, and a sense of home. The interior retains its original character, with a traditional floor plan that includes a cozy living area, a practical eat-in kitchen, and

  Garth Ward eXp Realty, LLC

  1418 S Perkins Rd, Memphis, TN 38117
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  /29

  $109,000

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

  4805 Northfield Cir, Memphis, TN 38128

  Interior Beauty Shines! Well-maintained 3-bedroom, 2-bath home featuring tile and luxury vinyl plank (LVP) flooring throughout—no carpet. Spacious layout with great flow, ideal for owner-occupants or investors. Move-in ready with solid rental or resale potential. Don’t miss this opportunity!

  Tina Andrade Fast Track Realty, LLC

  4805 Northfield Cir, Memphis, TN 38128
• 

  

  /20

  $169,000

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

  3754 Marion Ave, Memphis, TN 38111

  This cozy 2-bedroom, 1-bath home is just a short walk from the U of M. Owning could be cheaper than rent! Built in 1922, this classic bungalow blends timeless charm with modern updates. You'll love the amazing front porch, its tongue & groove ceiling with a porch swing-great for morning coffee & relaxing evenings. Inside, you'll find beautifully preserved hardwood floors & a bright, inviting

  Jan Jones Groome & Co.

  3754 Marion Ave, Memphis, TN 38111
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  /10

  $139,900

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

  1531 South Ave, Memphis, TN 38106

  This charming 4-bedroom, 2-bath home is full of potential and versatility—perfect for investors or owner-occupants alike. The spacious floor plan features a flexible layout, generous living areas, and plenty of natural light. Recent improvements within the last two years add modern touches and increased appeal. Conveniently located just minutes from downtown Memphis with easy access to major

  Warnett Nixon Assured Real Estate Services

  1531 South Ave, Memphis, TN 38106
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  /4

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  2603 Berryhill Rd, Cordova, TN 38016

  I acre residential lot on Berryhill Rd. Great investment opportunity.

  Patrice Gordon Infinity Group REALTORS, Inc.

  2603 Berryhill Rd, Cordova, TN 38016
• 

  

  /29

  $199,000

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

  3687 Carnes Ave, Memphis, TN 38111

  Don't miss this adorable 2 bed 1 bath bungalow only blocks away from U of M! Enjoy the spring weather either on the front porch swing or grilling on the expansive back deck. There are so many charming features: tall 10'+ ceilings, large windows, beautiful millwork, three original fireplaces, and an adorable window reading nook. With approximately 1,300 sq ft, there is plenty of room from the

  Kristi Ryan Coldwell Banker Collins-Maury

  3687 Carnes Ave, Memphis, TN 38111
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  /36

  $197,000

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

  1682 Pendleton St, Memphis, TN 38114

  Hey! Are you looking for your next investment? Then look no further because this is the property for you. This property will easily cashflow with good retail tenants or section 8. Feel free to reach out to me if you have any questions and would like to set up a showing or contact your Realtor for more details. All reasonable offers will be accepted and reviewed.

  Calvin Mathews Harris & Harris Realty Group

  1682 Pendleton St, Memphis, TN 38114
• 

  

  /13

  $135,900

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

  1372 Doris Ave, Memphis, TN 38106

  Fully renovated and move-in ready, this property features concrete crack repair, full pressure washing, fresh exterior paint including black porch rails and gray epoxy walls, and updated landscaping with fence and vine removal. Exterior upgrades include new lighting, painted security doors, replaced crawl space doors, and a new water spigot. Inside, enjoy a full HVAC install with new vents and

  James Wachob Foundation Property Management

  1372 Doris Ave, Memphis, TN 38106
• 

  

  /19

  $162,000

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

  1757 Fox Hunt Ln, Memphis, TN 38134

  Fully renovated 3BR/2.5BA townhouse with nearly 200 more sq ft than similar units. Just minutes from I-40, I-240, Summer Ave & Sam Cooper. Features spacious living room, updated flooring, fresh paint, modern finishes, and a smart layout ideal for first-time buyers or small families. New roof, 2-year-old windows, and 1-year-old appliances included. Prime location with quick access to all of

  Julio Prieto Pinnacle Realty

  1757 Fox Hunt Ln, Memphis, TN 38134
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  /16

  $162,500

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

  1759 Fox Hunt Ln Unit 1, Memphis, TN 38134

  Beautifully renovated 3BR/2.5BA townhouse just minutes from I-40 and Sam Cooper! New furnace, updated flooring, fresh paint, one-year-old appliances included. Spacious living area, modern finishes, and easy access to all of Memphis. Perfect for first-time buyers or small families. Seller is the listing agent.

  Julio Prieto Pinnacle Realty

  1759 Fox Hunt Ln Unit 1, Memphis, TN 38134
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  /24

  $150,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3684 Marion Ave, Memphis, TN 38111

  Special Government Financing Available!! Purchase and move into this Home for Little to Zero down!! Home within walking distance to University of Memphis campus and all that Highland Row has to offer!! All Brick home means low exterior maintenance. Hardwood floors throughout, no carpet making for easy clean up!! Central heat and air. Large fenced in yard with a storage shed. All appliances are

  Chuck House Keller Williams

  3684 Marion Ave, Memphis, TN 38111
• 

  

  /14

  $189,900

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

  855 Creekside #1 St Unit 303, Memphis, TN 38117

  VERY NICE CONDO. 3BED/2BA RARE FIND IN THE AREA. 3 COMMUNITY POOLS, CLUB HOUSE, GATED COMMUNITY, GREAT LOCATION. NEAR SHOPPING AND RESTUARANTS. 2 ASSIGNED COVERED PARKING. MOVE IN READY

  Donita Ingram-Brim Doorstep Realty

  855 Creekside #1 St Unit 303, Memphis, TN 38117
• 

  

  /13

  $115,000

  • 6 Beds
  • 1,330 Sq Ft

  228 Kirk Ave, Memphis, TN 38109

  Beautifully updated duplex offering 4 bedrooms and 2 bathrooms across a total of 1,325 sqft. Located just a short 3-minute drive from McKellar Lake, this property combines convenience with charm. Each side has been thoughtfully renovated with brand new vinyl flooring, modern tile work, and fully updated bathrooms. Fresh paint inside and out enhances its curb appeal, while new windows provide

  Kevin Gioia Beycome Brokerage Realty LLC

  228 Kirk Ave, Memphis, TN 38109
• 

  

  /9

  $130,000

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

  1105 N Watkins St, Memphis, TN 38107

  4 beds/bath....Perfect for Investor...could be single residence and/or duplex...seller will accept back-up offers.

  Mae Moore Grand Point Realty, LLC

  1105 N Watkins St, Memphis, TN 38107
• 

  

  /15

  $185,000

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

  1406 Randall Dr, Memphis, TN 38116

  Fantastic home and ready for a new family! Tile and hardwood throughout with fresh paint. Neutral colors and a blank pallet, ready for your own personal touches. Big, fenced backyard with deck!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  1406 Randall Dr, Memphis, TN 38116
• 

  

  /14

  $108,500

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

  1450 Lambert St, Memphis, TN 38108

  This cozy home spans 1,222 square feet and features three bedrooms and one bathroom, offering ample living space without breaking the bank. Located at the quiet end of a cove, the property promises a peaceful living environment, a single-family house available for purchase, ideally suited for buyers looking for a budget-friendly option. Excellent choice for those seeking affordability, potential

  James Johnson KAIZEN Realty, LLC

  1450 Lambert St, Memphis, TN 38108
• 

  

  /10

  $110,000

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

  566 Hewlett Rd, Memphis, TN 38109

  ***PRICE IMROVEMENT***Looking to invest in Real Estate with a positive cash flowing investment property? Stop scrolling and look. New homes are being constructed nearby. Growth in the area, and a great place to own an investment home. Home is Tenant Occupied at $950/month. Lease is good through December 2025. Washer and Dryer connections are included in the home. Very low to No maintenance!

  Petra Walker KAIZEN Realty, LLC

  566 Hewlett Rd, Memphis, TN 38109
• 

  

  /22

  $169,000

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

  2568 Parkview Dr, Memphis, TN 38128

  Welcome to this charming and fully renovated 3-bedroom, 2-bathroom home that effortlessly combines modern elegance with comfortable living. As you step inside, you’ll immediately notice the bright and open floor plan, thoughtfully designed to create a welcoming atmosphere filled with natural light. Every inch of this home has been meticulously updated with high-quality finishes and attention to

  Brooke Boone Harris & Harris Realty Group

  2568 Parkview Dr, Memphis, TN 38128

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