Shelby County TN Homes under $200,000

• 

  

  

  /19

  $179,900

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

  4084 Lacewood Dr, Memphis, TN 38115

  This home has so much potential and is located near shopping and amenities. Inside, you'll find 4 bedrooms, 2 baths, a cozy living room with a fireplace and a separate dining room, perfect for gatherings. The fenced backyard offers a great space for pets or entertaining, while a spacious shop in the back adds extra functionality. 4 year-old roof! All appliances stay! Schedule your showing today!

  Mallely Tackett Crye-Leike, Inc., REALTORS

  4084 Lacewood Dr, Memphis, TN 38115
• 

  

  

  /25

  $199,900

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

  362 Edith Ave, Memphis, TN 38126

  This fully renovated 4-bedroom, 2-bathroom home is a true gem in the up-and-coming Soulsville neighborhood. From brand new siding and fresh exterior paint to updated plumbing, electrical, and flooring, every detail has been thoughtfully upgraded. The remodeled kitchen features modern finishes while the luxury bathrooms offer high end tile and a walk in shower in the primary. With four new

  Tyler Bowman Weichert, REALTORS-BenchMark

  362 Edith Ave, Memphis, TN 38126
• 

  

  

  /24

  $105,000

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

  3100 Castlebay Rd Unit 30, Memphis, TN 38128

  MOVE-IN READY!! New Carpet, Fresh Paint 1 year Home Warranty You Don't Want to Miss this Gem. Tucked away in a well established neighborhood

  Tonya Covington KAIZEN Realty, LLC

  3100 Castlebay Rd Unit 30, Memphis, TN 38128
• 

  

  

  /24

  $139,900

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

  4630 Newton Dr, Memphis, TN 38109

  4 bed 2.5 bath with carport. Property has a living room, den, and mancave. Home is great for entertaining. 3 beds down, 1 up. 2 full bath and 1 half bath. Gas stove in the kitchen. Kitchen is big enough for a breakfast table. All of this on a nice size, fenced in back yard. Property selling as -is. This one is zoned for Candence 100% program.

  Antonio Walton The Home Partners Realty

  4630 Newton Dr, Memphis, TN 38109
• 

  

  

  /17

  $105,000

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

  1454 Delano Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,195/month. The lease ends on 12/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1454 Delano Ave, Memphis, TN 38127
• 

  

  /30

  $179,900

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

  288 S Greer St, Memphis, TN 38111

  Nicely updated 2-bedroom, 2-bath home located near the University of Memphis and Christian Brothers University. From the moment you arrive, you’ll notice the fresh exterior paint and the inviting curb appeal that sets the tone for what’s inside. Notice the refinished original hardwood floors that flow throughout the home, complemented by fresh interior paint and updated light fixtures that add a

  Donnie Morrow eXp Realty, LLC

  288 S Greer St, Memphis, TN 38111
• 

  

  /17

  $119,500

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

  2344 N Orchid Dr Unit 33, Memphis, TN 38114

  This well maintained 2 bed, 1.5 bath condo in Orchid Manor was completely renovated and updated in 2022. With a great tenant in place paying $1195 per month and all of the upgrades done, it will be an awesome investment property for the new owner. It has new bathrooms, an updated kitchen with appliances, low maintenance vinyl plank flooring in the the living area and kitchen, with carpet in the

  Haydn Wiseman Cahltrep Realty, LLC

  2344 N Orchid Dr Unit 33, Memphis, TN 38114
• 

  

  /19

  $109,900

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

  1243 Newark Ave, Memphis, TN 38106

  ~Beautiful house 3 bedrooms 1 bath ~ Ready to move in ~ New HVAC ~ New floors ~ New water heater ~ ~ Accessible big backyard ~ Come see this home today!!

  Itzel Sanchez Bustamante Keller Williams

  1243 Newark Ave, Memphis, TN 38106
• 

  

  /20

  $179,000

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

  4227 Carolyn Dr, Memphis, TN 38111

  This charming home offers 3 bedrooms, 2 bathrooms, formal dining room, living room, and den, updated kitchen with white shaker cabinets, SS appliances, gas stove, subway tile back splash, and washer & dryer. Hardwood floors throughout the home. Large corner lot with single car carport, fenced yard and a nice size patio to enjoy.

  Benjamin Reed Reed & Associates of Tenn, LLC

  4227 Carolyn Dr, Memphis, TN 38111
• 

  

  /8

  $139,000

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

  3298 Spottswood Ave, Memphis, TN 38111

  This delightful, recently renovated 2-bedroom, 1-bathroom home features modern amenities and stylish finishes, making it ideal for comfortable living. Near the University of Memphis, offering convenience. New roof, updated kitchen/bathroom, and beautiful hardwood floors. Spacious backyard, ideal for gatherings. Prime location, this property is perfect for first-time buyers or investors seeking

  Crystal Mitchell Renshaw Company, REALTORS

  3298 Spottswood Ave, Memphis, TN 38111
• 

  

  /6

  $188,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  1783 Bismark St, Memphis, TN 38109

  Modern elegance meets affordable luxury in this architectural gem with soaring ceilings, glass stair railings, and designer finishes. The inimitable master suite features a wine & coffee bar and opens to a resort-style swim-out pool. Enjoy a gourmet kitchen with custom cabinetry, high-end appliances, and a bold statement island, while sunlit living spaces and rich textures create a warm,

  Ralph Harvey List With Freedom.Com, Inc.

  1783 Bismark St, Memphis, TN 38109
• 

  

  /18

  $125,000

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

  3853 Range Line Rd, Memphis, TN 38127

  BACK ON THE MARKET! CONTRACT FAILED NO FAULT OF THE SELLER. BUYER GOT COLD FEET. This charming home offers 3 spacious bedrooms and 1.5 bathrooms, perfect for comfortable living or a solid rental investment. Enjoy beautiful hardwood floors throughout, adding warmth and character to every room. Recent upgrades include a brand-new roof and a new HVAC unit for peace of mind and year-round comfort.

  Elena Holcomb John Green & Co., REALTORS

  3853 Range Line Rd, Memphis, TN 38127
• 

  

  /10

  $117,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1010 Leacrest Ave, Memphis, TN 38109

  RENTED $1200 per month $1057 MHA, Appraised for $126,000 4/15/2025. Home completely remodeled: new roof, Exterior paint, Hot Water Heater, HVAC condenser and coil. New Fence. New interior Flooring, paint, bathroom and Kitchen. Lease in Documents. Do not miss out on this one!

  Brett Bernard The Stamps Real Estate Company

  1010 Leacrest Ave, Memphis, TN 38109
• 

  

  /26

  $150,000

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

  3397 Adeline St Unit 38, Memphis, TN 38118

  Stunning 3-bedroom, 2.5 bathroom home. This beautiful condo has an outdoor patio, fenced-in yard, and is conveniently located close to Winchester and 385! SELLER REQUIRES A 24-HOUR NOTICE FOR ALL SHOWINGS.

  Jay McMiller RE/MAX Realty Group

  3397 Adeline St Unit 38, Memphis, TN 38118
• 

  

  /19

  $159,000

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

  1407 Flamingo Rd, Memphis, TN 38117

  New stove and A/C installed; seller will install new fridge, washer & dryer with a full-price offer! Wow, this house is such a great example of that Colonial Acres charm! It's changed so much in the last year, with a beautiful new sand and refinish on the hardwood throughout. The kitchen has new vinyl flooring, stove backsplash, and cabinets/countertops, along with a new stove waiting to be

  Randall Weatherall Memphis Metro Realty

  1407 Flamingo Rd, Memphis, TN 38117
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  /27

  $194,800

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

  4463 Sandy Park Dr, Memphis, TN 38141

  Price improvement. Don’t miss this beautiful 3 bedroom, 2 bathroom home with over 1,700 square feet of living space! New architectural roof, less than 2 years old. New cabinets, new countertops, new appliances. This home includes a large Great Room with vaulted ceilings. Spacious eat-in kitchen, with separate Formal Dining and a separate Laundry Room. Spacious Primary Suite with updated

  Cresha Rounds Home Boss Realty

  4463 Sandy Park Dr, Memphis, TN 38141
• 

  

  /17

  $135,000

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

  3401 Bradcrest Dr, Memphis, TN 38128

  Investors only! Tenant occupied property available in Raleigh. Four bedroom one and a half bathroom home that would be a perfect addition to your rental portfolio. Home is professionally managed (lease, ledger, and repair history available upon request). Home was rehabbed in Spring 2025 and is in good shape! ONLINE VIDEO AVAILALBE UPON REQUEST. Home is currently rented at $1150. Property is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3401 Bradcrest Dr, Memphis, TN 38128
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  /28

  $154,900

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

  4627 Buffer Dr, Memphis, TN 38128

  Spacious 3 bedroom 2 bath home that is move in ready! This home has so many updates: new paint, new LVP in the living spaces, new carpet in the bedrooms, new kitchen countertops, new lighting, new ceiling fans, new bathroom vanities. So many amazing updates inside and out that give it a modern feel. The spacious fenced backyard is perfect for your fur baby or entertaining friends and family.

  Camela Henke Enterprise, REALTORS

  4627 Buffer Dr, Memphis, TN 38128
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  /4

  $112,000

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

  2342 Wellons Ave, Memphis, TN 38127

  This property presents an excellent opportunity for both new and seasoned investors looking to expand their portfolios. Currently tenant-occupied and well-maintained, it is conveniently located just minutes from downtown, offering easy access to shopping, dining, and I-240. The property is leased at $1,000 per month, with the lease secured through January 2026. The seller can provide current rent

  Tracy Jefferson Crye-Leike, Inc., REALTORS

  2342 Wellons Ave, Memphis, TN 38127
• 

  

  /18

  $159,900

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

  859 Ayers St, Memphis, TN 38107

  This house has been completely renovated!!! New roof! (Old roof completely stripped and replaced) New HVAC (Central air and heat)! New electrical wiring! New floors! New appliances! This home is very spacious and roomy; The back yard is huge, perfect for family gatherings, or room for children to play. Community center in walking distance (Summer camp and after school programs offered at

  Joye Martin Miller Martin Realty

  859 Ayers St, Memphis, TN 38107
• 

  

  /13

  $122,400

  • 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
• 

  

  /13

  $179,000

  • 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
• 

  

  /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
• 

  

  /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
• 

  

  /24

  $164,901

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

  3287 Leschallas Dr, Memphis, TN 38128

  Investor special or sweat equity win! This East Memphis gem isn’t perfect, but it’s got great bones and even better potential. With 3 beds, 2 baths, and a solid layout, it’s the kind of place that just needs some cosmetic love to shine. Whether you’re looking to add to your rental portfolio or flip for profit, this one’s a low-risk, high-upside opportunity. For owner-occupants, it’s a rare chance

  Jeffrey Howard Bluff City Realty Group, LLC

  3287 Leschallas Dr, Memphis, TN 38128
• 

  

  /19

  $154,900

  • 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
• 

  

  /8

  $109,950

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3076 Jean Dr, Memphis, TN 38118

  Good looking 3 bedroom 1 bath home with a large yard with new carpets and in move condition. Great home or income property. Don't miss this one.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  3076 Jean Dr, Memphis, TN 38118
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /31

  $132,900

  • 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
• 

  

  /5

  $149,999 Open Sun 2PM - 4PM

  • 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 fully renovated 3bd/2ba gem, 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. Conveniently located near the Southwest Twin

  Rasheedah Jones Dreamteam Realty Co

  4710 Hillbrook Rd, Memphis, TN 38109
• 

  

  /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
• 

  

  /24

  $169,500

  • 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
• 

  /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.

  Courtney Clark Keller Williams

  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
• 

  

  /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
• 

  

  /15

  $105,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  1206 Bristol Dr Unit 102, Memphis, TN 38119

  NEW PRICE!!!!!!!!!!! Reduced to $105,000 Gated Community. Move in ready! Perfect for anyone- single, couple, student. This condo has been lovingly cared for. 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.

  Demere Dwyer Crye-Leike, Inc., REALTORS

  1206 Bristol Dr Unit 102, Memphis, TN 38119

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