Shelby County TN Homes under $200,000

• 

  

  

  /19

  $102,500

  • 3 Beds
  • 1.5 Baths
  • 1,197 Sq Ft

  307 Summerwood Ave, Memphis, TN 38109

  Well-maintained home in the growing Whitehaven/Graceland area with strong fundamentals. Brand new roof (under 6 months), AC, heater, and water heater (2–3 years), vinyl siding with brick accents, double-pane windows, copper plumbing, updated electrical, 2023 appliances, fresh paint, new carpet over original hardwood, and bath updates. Major maintenance and mechanicals are complete, offering

  Daniel Demers Sell Your Home Services, LLC

  307 Summerwood Ave, Memphis, TN 38109
• 

  

  

  /16

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  1593 E Holmes Rd, Memphis, TN 38116

  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

  1593 E Holmes Rd, Memphis, TN 38116
• 

  

  /2

  $114,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  4224 Arrowhead Rd, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4224 Arrowhead Rd, Memphis, TN 38118
• 

  

  

  /22

  $180,000

  • 5 Beds
  • 3 Baths
  • 1,853 Sq Ft

  936 Porter St, Memphis, TN 38126

  PRICE IMPROVEMENT! Excellent opportunity at 936 Porter St! This spacious 5-bedroom, 3-bath home offers generous square footage and a flexible layout, making it a strong value-add opportunity for investors or owner-occupants ready to renovate and build equity. Location, location, location, this property offers convenient access to downtown, major roadways, schools, shopping, and entertainment. Its

  Sherry Cole John Green & Co., REALTORS

  936 Porter St, Memphis, TN 38126
• 

  

  

  /16

  $179,900

  • 3 Beds
  • 1 Bath
  • 969 Sq Ft

  1570 Dearing Rd, Memphis, TN 38117

  Priced to sell! Welcome home! This adorable ranch style home is ready for a new owner. Completely renovated top to bottom in 2018, this home stands out with beautiful hardwood floors throughout, renovated kitchen and bath with stone tops, 7 year old roof and hvac, 1 year old hot water, a 1 car carport, and a large fenced backyard with storage shed and newly poured patio. This home is perfect for

  Joshua Cooper Sowell, Realtors

  1570 Dearing Rd, Memphis, TN 38117
• 

  

  /20

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,577 Sq Ft

  5244 Marynelle Cove, Memphis, TN 38116

  Check out this newly rehabbed home in Whitehaven! This quiet and established neighborhood comes separate living and dining spaces, family room, wood burning fireplace, and large backyard for entertaining and/or gardening! Minutes away from schools of all grade levels, medical facilities, shopping, dining and entertainment being just less than 10 minutes from Southaven, MS! All appliances included

  Duane Kinnard Tri-Leake Realty

  5244 Marynelle Cove, Memphis, TN 38116
• 

  

  /21

  $114,850

  • 13 Beds
  • 2 Baths
  • 1,320 Sq Ft

  1737 S Trezevant St, Memphis, TN 38114

  Great opportunity to own an income producing duplex in prime location close to FedEx and Memphis Airport. Convenient to bus line and shopping. Renovated bathroom, laminated floors and more. Great investment for anyone seeking steady income.

  Douglas Bentley Good Shepherds Realty & Invest

  1737 S Trezevant St, Memphis, TN 38114
• 

  

  /20

  $135,000

  • 4 Beds
  • 2 Baths
  • 1,276 Sq Ft

  2196 Ketchum Rd, Memphis, TN 38114

  Discover this charming single-family residence at 2196 Ketchum Rd in Memphis, TN 38114. This 4-bedroom, 2-bathroom home offers approximately 1,272–1,276 sq ft of living space on a spacious 0.3-acre lot (about 14,375 sq ft), providing ample room and notable privacy with no immediate neighboring homes crowding the property. The layout delivers functional living with generous bedrooms and full

  Betty McGaughey eXp Realty, LLC

  2196 Ketchum Rd, Memphis, TN 38114
• 

  

  /11

  $100,000

  • 3 Beds
  • 1 Bath
  • 812 Sq Ft

  364 Elder Rd, Memphis, TN 38109

  Investor opportunity! Tenant-occupied 3-bedroom, 1-bath single-family home generating rental income! This property is being sold with a tenant in place, making it a great addition to an investment portfolio. Interior access will be provided during the inspection period after contract acceptance. Property is being sold as-is. Buyer to verify all information deemed important.

  Donnie Morrow eXp Realty, LLC

  364 Elder Rd, Memphis, TN 38109
• 

  

  /21

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 916 Sq Ft

  4187 Boyce Ave, Memphis, TN 38111

  Incredible opportunity to own a renovated home under $150,000. Perfect for a first-time buyer or investment property. This 3 bedroom, 1.5 bath home features a huge backyard plus an extra driveway and rear pad ideal for a future shop or workshop. Fresh exterior paint and updated landscaping create great curb appeal. Inside, the home has been completely refreshed with new paint throughout and all

  Camela Henke Enterprise, REALTORS

  4187 Boyce Ave, Memphis, TN 38111
• 

  

  /18

  $119,900

  • 1 Bed
  • 1 Bath
  • 687 Sq Ft

  109 N Main St Unit 1007, Memphis, TN 38103

  Don't miss this modern downtown living with unbeatable convenience. This updated 10th-floor one-bedroom condo features bright natural light, an efficient open layout, a retractable bedroom wall, and a refreshed bath—fully move-in ready and ideal for low-maintenance living. The unit offers ample storage space, including a walk-in bedroom closet, hall closet, and kitchen pantry, plus same-floor

  Area Mays KAIZEN Realty, LLC

  109 N Main St Unit 1007, Memphis, TN 38103
• 

  

  /18

  $178,000

  • 3 Beds
  • 1 Bath
  • 940 Sq Ft

  4439 Dunn Ave, Memphis, TN 38117

  This CHARMING 3 bedroom, 1 bathroom home is nestled in a peaceful neighborhood in East Memphis. Plenty of space, including 2 outdoor storage areas. With WELL-DESIGNED living space, this home blends CLASSIC charm with modern Comforts. Includes NEW MARBLE INSPIRED SHOWER and a NEW 2025 ROOF a Large YARD, and laundry closet. Located near shopping, dining, and parks, this home provides Convenient

  Shelbe Ramsey KAIZEN Realty, LLC

  4439 Dunn Ave, Memphis, TN 38117
• 

  

  /6

  $104,999

  • 4 Beds
  • 2 Baths
  • 1,611 Sq Ft

  1165 Cannon St, Memphis, TN 38106

  PRICE REDUCED!! Step into this fully renovated 4-bedroom, 1-bath. With new HVAC, roofing, electrical and plumbing completed in "2025". The home features modern updates with fresh maintenance free exterior. The interior layout flows beautifully from the living area into a stylish kitchen with updated cabinetry, and plenty of counter space. Spacious bedrooms and updated bathroom. Move-in ready.

  Stephanie Moss BEST Real Estate Company

  1165 Cannon St, Memphis, TN 38106
• 

  

  /15

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  2945 Millers Pond Dr, Memphis, TN 38119

  This Beautiful home features a 2 car garage, new windows, new granite countertops in kitchen and bathroom, and a lovely patio. Enjoy all the amenities in this lovely gated community including fishing in the private pond. Great price! Call for your private showing.

  Demetris Mays-Graham C21 Patterson & Assoc. Real Es

  2945 Millers Pond Dr, Memphis, TN 38119
• 

  

  /13

  $133,000

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  2638 Hawkins Mill Rd, Memphis, TN 38127

  Charming 3-bedroom, 2-bath home situated in an established neighborhood known for its friendly community. Ideal for first-time buyers or those looking to downsize, with space to grow. Major improvements include an 8-year-old roof, interior A/C unit less than 5 years old, and a hot water heater only 11⁄2 years old. The primary and secondary bathrooms have been updated with new tile. Refrigerator,

  Pat Edwards-Sipp BenchMark REALTORS, LLC

  2638 Hawkins Mill Rd, Memphis, TN 38127
• 

  

  /10

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,104 Sq Ft

  3189 W Shirley Cir, Memphis, TN 38127

  More Than Meets the Eye! 3BR/2BA Brick Home on a Huge .61 Acre Lot Looking for a solid home with more space than the average find? Check out this one. Home has been updated to include two full bathrooms and some surprising storage! Highlights: Bonus Storage: Primary bedroom is a standard, comfortable size, but it comes with a big perk—two large walk-in closets. No more fighting over hanger space!

  Phyllis Law 2 Rivers Realty, LLC

  3189 W Shirley Cir, Memphis, TN 38127
• 

  

  /15

  $104,900

  • 2 Beds
  • 1 Bath
  • 763 Sq Ft

  2717 Frisco Ave, Memphis, TN 38114

  Turnkey investment opportunity in Memphis! This property was fully renovated in 2024, featuring a new roof, new furnace, completely updated kitchen and bathroom, and new LVT flooring throughout. Major systems are already in great shape with AC replaced in 2019 and water heater in 2017. Currently tenant occupied at $850/month, with rent 100% paid by the Section 8 program, providing reliable,

  Adam Thornton Marathon REALTORS, LLC

  2717 Frisco Ave, Memphis, TN 38114
• 

  

  /30

  $114,900

  • 3 Beds
  • 2 Baths
  • 996 Sq Ft

  3084 Pershing Ave, Memphis, TN 38112

  Beautifully renovated 3 bed, 2 full bath turn-key home featuring a spacious laundry room and large driveway with ample parking. Extra-large backyard perfect for entertaining or pets. Prime central location just minutes to the University of Memphis, Memphis Zoo, and Memphis International Airport. Completely renovated in 2021 and freshly updated again in 2026 for peace of mind. Ideal primary

  Daniel Demers Sell Your Home Services, LLC

  3084 Pershing Ave, Memphis, TN 38112
• 

  

  /5

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,045 Sq Ft

  5061 Stacey Rd, Memphis, TN 38109

  TENANT-OCCUPIED INVESTMENT PROPERTY! Charming 3BR/1BA home generating $1,095/month with a recently renewed lease through 2/28/2027. Situated on a quiet street, the property features a functional, low-maintenance layout ideal for long-term tenancy. Professionally managed, truly turnkey income. Maintenance report and tenant ledger available upon request. Please do not disturb tenant.

  Jeremy Veldman KAIZEN Realty, LLC

  5061 Stacey Rd, Memphis, TN 38109
• 

  

  /24

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,177 Sq Ft

  826 N Willett St, Memphis, TN 38107

  Step into the cutest VE bungalow on a well-kept Midtown street! Convenient to Rhodes College, Willett would be a great home for owner occupants or students alike. Enjoy relaxing on the inviting front porch, then head inside to bright, spacious living areas and an awesome kitchen with appliances and a walk-in pantry. Both bedrooms are large, and the original bathroom is bright and clean. There is

  Ashleigh Bettis Bluff City Realty Group, LLC

  826 N Willett St, Memphis, TN 38107
• 

  

  /7

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,599 Sq Ft

  4178 Crain Rd, Memphis, TN 38128

  This is a spacious home with 4 beds 2 bathrooms. 2 car garage. Property sold AsIs Where Is. The home is being auctioned. BUYER'S AGENT IS TO PAY A $200.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER. The buyer's agent is to submit offers on Propoffers.com. The home is occupied. Please do not disturb the occupants. If any questions are required, please contact the listing agent.

  Micah Layman Ware Jones, REALTORS

  4178 Crain Rd, Memphis, TN 38128
• 

  

  /35

  $124,900

  • 1 Bed
  • 1 Bath
  • 792 Sq Ft

  109 N Main St Unit 412, Memphis, TN 38103

  This is a great opportunity to own a piece of downtown history! 1BD/1BA unit in The Claridge House is an easy retreat in the walkable Central Business District. The condo features newer installed vinyl flooring for easy maintenance, stainless appliances, an open kitchen design with a breakfast bar that allows natural light from the north-facing windows to filter in, neutral paint and finishes,

  Ashley Bonds Marx-Bensdorf, REALTORS

  109 N Main St Unit 412, Memphis, TN 38103
• 

  

  /25

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,334 Sq Ft

  6289 Kirby Downs Dr, Memphis, TN 38115

  Wonderful 2BR/1.5BA Attached Town Home~Huge Great Room w/Brick Fireplace & Ample Natural Light~Spacious Eat-In Kitchen w/Lots of Cabinet Space, Granite Counters & Beautiful Tiled Floors~Laundry Closet and Half Bath Conveniently Located Off Kitchen~Upstairs You'll Find Two Large Bedrooms with Bathroom Between Them~Fenced-In Backyard~Seller is not interested in creative financing or seller

  Jennifer Carstensen Real Estate Agency

  6289 Kirby Downs Dr, Memphis, TN 38115
• 

  

  /17

  $164,900

  • 2 Beds
  • 2 Baths
  • 1,401 Sq Ft

  6765 Kirby Lawn Cove, Memphis, TN 38119

  This property features two bedrooms and two full baths, with primary suite conveniently located downstairs. Enjoy hardwood/laminate flooring throughout. New bathtub/shower 2022 brand new water heater and dishwasher 2026. New interior paint. wood burning fireplace.

  Lila Mehdian Crye-Leike, Inc., REALTORS

  6765 Kirby Lawn Cove, Memphis, TN 38119
• 

  

  /14

  $159,500

  • 3 Beds
  • 1 Bath
  • 1,017 Sq Ft

  2922 Walker Ave, Memphis, TN 38111

  Charming 2 bedroom, 1 bathroom home featuring brand new flooring and fresh interior paint throughout. This move-in ready property offers a bright, refreshed feel and comfortable living spaces perfect for first-time buyers, downsizers, or investors. Owner/agent.

  Qazi Ahmad Renshaw Company, REALTORS

  2922 Walker Ave, Memphis, TN 38111
• 

  

  /11

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,032 Sq Ft

  6710 Majestic Oak Place Unit 6710, Memphis, TN 38120

  2 bd/1.5 bath. End unit w/gated patio. 1032 sq ft. Master bath & eat-in kitchen area have been renovated. Storage space. Good HVAC unit. 5-year-old roof. All appliances included! Condo living w/3pools, beautifully landscaped grounds & community laundry! Nice walking trails, bridges and sitting areas. Pet friendly community. Condo. Investment property. Tenant occupied. Do not disturb tenant. No

  Jason Wallace Keller Williams Realty

  6710 Majestic Oak Place Unit 6710, Memphis, TN 38120
• 

  

  /6

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,862 Sq Ft

  1111 N Watkins St, Memphis, TN 38107

  This beautifully renovated Klondike home offers a chance to build roots, not just equity. Owner-occupant buyers may purchase for $125,000 through the Klondike Community Land Trust, a community-based model that keeps homes affordable over time, or buy at $175,000 at market rate with no restrictions. The Community Land Trust option includes a simple application, brief homebuyer training, and

  Randall Garrett Franchise Realty, LLC

  1111 N Watkins St, Memphis, TN 38107
• 

  

  /16

  $127,500

  • 5 Beds
  • 1.5 Baths
  • 1,741 Sq Ft

  578 N Hollywood St, Memphis, TN 38112

  Large classic New Orleans style home...in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace! New carpet! New kitchen counter top! New water heater! Great family home or income producing property. Leased for $1500 per month--2 year lease; from 4/1/2026. MOTIVATED SELLER!! No Seller financing offers; no blind offers.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  578 N Hollywood St, Memphis, TN 38112
• 

  /2

  $170,000

  • 4 Beds
  • 2 Baths
  • 1,405 Sq Ft

  3540 Marion Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! Property is currently rented for $1375/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3540 Marion Ave, Memphis, TN 38111
• 

  

  /4

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,748 Sq Ft

  2641 Tutwiler Ave, Memphis, TN 38112

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2641 occupied for $840/month. The lease ends on 7/31/2026. Unit 2643 is occupied for $839/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2641 Tutwiler Ave, Memphis, TN 38112
• 

  

  /20

  $134,900

  • 2 Beds
  • 1 Bath
  • 873 Sq Ft

  556 Lundee St, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $995/month. Currently on MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  556 Lundee St, Memphis, TN 38111
• 

  /2

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,278 Sq Ft

  3588 Kearney Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1450/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3588 Kearney Ave, Memphis, TN 38111
• 

  

  /23

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,567 Sq Ft

  638 Peyton Cir, Memphis, TN 38107

  Cute two/three bedroom home. Fresh exterior paint, new carpet, it's move in ready. Great for a first time home buyer, someone downsizing, or an investor. Located near St Jude Hospital and the Pyramid; nice view of the Pyramid from balcony.

  Harold Haskin Crye-Leike, Inc., REALTORS

  638 Peyton Cir, Memphis, TN 38107
• 

  

  /3

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  961 N Highland St, Memphis, TN 38122

  Fantastic investment opportunity in the Shelby area. Cash flowing with a monthly rental amount of $750 & $875/month. The lease ends on 07/31/2026 & 08/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  961 N Highland St, Memphis, TN 38122
• 

  

  /15

  $174,900

  • 3 Beds
  • 1.5 Baths
  • 1,220 Sq Ft

  1188 Garden Rd, Memphis, TN 38134

  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 blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1188 Garden Rd, Memphis, TN 38134
• 

  

  /14

  $140,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4635 Monaco Rd, Memphis, TN 38117

  Terrific Colonial Acres opportunity! This lovely 3/1 home features adorable curb appeal, beautiful hardwood floors throughout, updated lights and fixtures, a terrific floor plan, a great back yard and so much more! The property was remodeled in 2024 and is being offered at a great price! Seller has multiple properties for sale: Please see documents for details.

  William Haynes Crye-Leike, Inc., REALTORS

  4635 Monaco Rd, Memphis, TN 38117
• 

  

  /5

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,074 Sq Ft

  2505 Durham 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 $1,259/month. The lease ends on 1/31/27. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2505 Durham Ave, Memphis, TN 38127
• 

  

  /26

  $145,000

  • 4 Beds
  • 2 Baths
  • 2,746 Sq Ft

  1429 Greendale Ave, Memphis, TN 38127

  SPACIOUS!! Bring your buyers to see this 4BR, 2BA home. Beautiful brick exterior with large covered front porch. Large rooms, Living/Dining combo, large eat-in kitchen and Bonus TV Room. All on one floor...carpet thru-out! Perfect home for entertaining.Being sold as is.

  John Payne BEST Real Estate Company

  1429 Greendale Ave, Memphis, TN 38127
• 

  

  /12

  $120,000

  • 2 Beds
  • 2 Baths
  • 1,915 Sq Ft

  1345 Tutwiler Ave, Memphis, TN 38107

  As-is, Excellent investment opportunity in the desirable Crosstown Community.This 2-bedroom, 2-bath home offers a basement and lots of space! Being sold as-is, it's ideal for investors or buyers looking to renovate and maximize rental income. This home is being sold as-is and will require some renovations. Whether you're expanding your portfolio or seeking a fixer-upper in a growing area, 1345

  Anthony Glenn KAIZEN Realty, LLC

  1345 Tutwiler Ave, Memphis, TN 38107
• 

  

  /19

  $157,500

  • 4 Beds
  • 2 Baths
  • 1,829 Sq Ft

  984 E Raines Rd, Memphis, TN 38116

  Welcoming 4-bedroom, 2-bath home in Whitehaven Park! Enjoy a spacious kitchen, generously sized bedrooms, and an oversized fenced lot with gated parking. Hardwood floors in the bedrooms, new carpet in the living areas, and tile in the kitchen and bathrooms. Features also include a separate laundry area and a convenient mudroom. Schedule your private tour today!

  John Logan REMAX Experts

  984 E Raines Rd, Memphis, TN 38116

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