Shelby County TN Homes under $200,000

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  /6

  $139,874

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

  4195 Cedartree Dr, Memphis, TN 38141

  TENANT OCCUPIED BACK ON MARKET BUYER FINANCING What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a

  Tijuana Wallace Keller Williams

  4195 Cedartree Dr, Memphis, TN 38141
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  /4

  $110,000

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3636 Spottswood Ave Unit 3, Memphis, TN 38111

  INVESTMENT OPPORTUNITY! This 2 bd/1ba condo is currently tenant occupied. Rented for $1150/mo. Right across the street from the University of Memphis! LVP throughout, new water heater, fresh paint, new cabinets, and electrical outlets have been updated. Start cash flowing right away. Showings only with an acceptable offer.

  Kelly Day SimpliHOM

  3636 Spottswood Ave Unit 3, Memphis, TN 38111
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  /10

  $172,000

  $13K PRICE DROP

  • 10 Beds
  • 3,301 Sq Ft

  488 Laclede Ave, Memphis, TN 38126

  Well kept and effecient 10 bedroom rooming house. Currently vacant but sellers have tenants on stand by.

  Christopher Batts C21 Patterson & Assoc. Real Es

  488 Laclede Ave, Memphis, TN 38126
• 

  

  

  /24

  $200,000

  • 4 Beds
  • 1 Bath
  • 1,626 Sq Ft

  7835 Captain Rd, Millington, TN 38053

  Spacious four bedroom home right in Millington. Easy access from Navy Road to get into town. Property features a large connected keeping room and living room which feeds into the kitchen. Full shared bath, plenty of living and storage space. Large backyard with a patio, as well as a large garden area made from brick slabs. Two sheds as well as one smaller storage building to house any gardening

  Gabriel Davenport Fields of Dream Homes. LLC

  7835 Captain Rd, Millington, TN 38053
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  /36

  $120,000

  $49K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,338 Sq Ft

  5013 Scheibler Rd Unit C1, Memphis, TN 38128

  A rare chance to own one of the cottages at Lutheran Village. This condo community is for residents 55 yrs and older. HOA fee includes 6 dinners a month with the option for add on meals, basic cable, 1 cleaning every other week, Shuttle to and from grocery store. Owner's amenities include access to fitness area, beauty shop, and guest room. There is a flex room that could be used as a 3rd bedroom

  Amanda Kirkman KAIZEN Realty, LLC

  5013 Scheibler Rd Unit C1, Memphis, TN 38128
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  /4

  $199,000

  $100K PRICE DROP

  • Land
  • 2.06 Acres
  • $96,602 per Acre

  129 W Brooks Rd, Memphis, TN 38109

  PRIME DEVELOPMENT OPPORTUNITY! This corner lot includes three adjacent parcels being sold together, offering a total of approximately 2.06 acres. Currently zoned R-6 Residential, these lots present an exceptional opportunity for consolidation and possible rezoning to commercial use. Located on a visible corner with high traffic and excellent access, this property is ideal for a variety of

  Ali Nawaz KAIZEN Realty, LLC

  129 W Brooks Rd, Memphis, TN 38109
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  /10

  $110,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3075 Debby St, Memphis, TN 38127

  Welcome to 3075 Debby Street, Memphis, TN 38127! This 3-bedroom, 1-bath home combines charm and modern updates, featuring hard surface flooring throughout and a bright, spacious living area. The kitchen boasts large shaker cabinets, while central heat and air provide year-round comfort. The large fenced backyard is ideal for outdoor activities or entertaining. Fully tenanted, this property offers

  James Wachob Foundation Property Management

  3075 Debby St, Memphis, TN 38127
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  /33

  $154,900

  $25K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 1,794 Sq Ft

  1404 Old Hickory Rd, Memphis, TN 38116

  This single-story, brick-veneer ranch-style residence is situated on a level 0.491-acre lot within the Nam Ni Estates subdivision. Built in 1971, the home features a 3-bedroom, 3-bathroom floorplan. The interior layout includes a primary living space and a dedicated 20x18 family room. A central fireplace is located within the dining room area. The utility features include a dedicated 6x6 laundry

  Alexis Martz Trelora Realty

  1404 Old Hickory Rd, Memphis, TN 38116
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  /30

  $199,899

  • 3 Beds
  • 2 Baths
  • 1,283 Sq Ft

  2081 Rose Garden Cove, Memphis, TN 38133

  Tucked away in a quiet cove, 2081 Rose Garden Ln in Memphis, TN offers the perfect blend of privacy, charm, and convenience! This inviting, move-in ready home features a spacious layout filled with natural light, comfortable living areas, and a welcoming atmosphere ideal for both everyday living and entertaining. The peaceful cove location means less traffic and a safer, more relaxed setting,

  Lauren Cansler Crye-Leike, Inc., REALTORS

  2081 Rose Garden Cove, Memphis, TN 38133
• 

  

  /15

  $175,000

  • 2 Beds
  • 2 Baths
  • 1,161 Sq Ft

  6893 Century Oaks Dr, Cordova, TN 38018

  Charming 2-bedroom, 2-bath home offering comfort in a convenient location. A great option for a starter home or investment property, this residence features a functional layout with an inviting living space. Enjoy easy access to Shelby Farms Park’s scenic nature trails, along with a wide variety of nearby shopping, dining, and everyday amenities. A wonderful opportunity to own a cozy home in a

  Chase Chasteen Crye-Leike, Inc., REALTORS

  6893 Century Oaks Dr, Cordova, TN 38018
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  /24

  $199,900

  • 1 Bed
  • 1.5 Baths
  • 1,238 Sq Ft

  721 Litty Ct Unit 201, Memphis, TN 38103

  Downtown living hits its stride in this South Main Condo-walkable, stylish. Built in 2006, the second floor unit features wood floor throughout, tile in the baths. Kitchen has granite, stainless appliances and a breakfast bar. The layout includes a true bedroom plus a flexible second space perfect for an office or great room. Primary Bedroom features a full bath, also there is a half bath for

  Richard Travers Crye-Leike, Inc., REALTORS

  721 Litty Ct Unit 201, Memphis, TN 38103
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  /24

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,985 Sq Ft

  3312 University St, Memphis, TN 38127

  Turnkey investment opportunity. Tenant already in place through April 2027 and rented at $1,285/month. This 3BR/2BA home with 1,985 SF was fully renovated in 2022, including new roof, updated mechanicals, and all interior finishes. Low-maintenance property ideal for an investor seeking immediate cash flow and long-term rental potential. Spacious layout, updated condition, and established tenancy

  Chad Woelke Heritage Homes Co.

  3312 University St, Memphis, TN 38127
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  /18

  $169,900

  • 3 Beds
  • 1 Bath
  • 1,313 Sq Ft

  5552 Millbranch Rd, Memphis, TN 38116

  Charming 3-bedroom, 1-bath nicely refreshed and move-in ready. Featuring fresh paint, new carpet, a remodeled bathroom, and a new AC unit/furnace, this home offers comfort and peace of mind. Enjoy the added character of cedar wood closets and the privacy of a fenced-in yard, perfect for relaxing, entertaining, or pets. Conveniently located near shopping, dining, schools, and major roadways, and

  Shavona Davis United Real Estate Mid South

  5552 Millbranch Rd, Memphis, TN 38116
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  /8

  $114,999

  • Land
  • 8.32 Acres
  • $13,822 per Acre

  0 Bethuel Church Rd Unit RTC2971170, Millington, TN 38053

  Lot 3—8.32 Acres Follow the prompts. You'll need to provide the MLS# which can be found below the phone number. Tired of cookie-cutter lots and noisy neighbors? Carve out your own world on 8.32 acres of raw, rolling terrain, just minutes from Millington and a stone’s throw from Orgill Park Golf Course. This wooded wonderland is packed with character—hills, hollows, and a recently mulched

  Steven Koleno Beycome Brokerage Realty, LLC

  0 Bethuel Church Rd Unit RTC2971170, Millington, TN 38053
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  /11

  $120,000

  • 3 Beds
  • 2 Baths

  564 W Peebles Rd, Memphis, TN 38109

  TWO FOR ONE SPECIAL! Front house is 2bed 1bath, PLUS there is a rear detached 1bed 1bath unit rented for $400/mo. Seller has done a lot of repairs/upgrades in main home including: New Kitchen (new countertops, new tile, new cabinets) fresh interior/exterior paint, new flooring, upgraded bathrooms. Home qualifies for special 100% financing for owner occupant buyers. FHA/VA/Conventional offers

  Tyler Tapley Crye-Leike, Inc., REALTORS

  564 W Peebles Rd, Memphis, TN 38109
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  /2

  $136,000

  $4K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,341 Sq Ft

  4199 Genyth Ave, Memphis, TN 38128

  DO NOT DISTURB TENANTS. Drive by ONLY. This property has a tenant paying $1325.00 a month. Inspection with accepted binded agreement. Tenant on month-to-month lease agreement.

  Erica Reed BEST Real Estate Company

  4199 Genyth Ave, Memphis, TN 38128
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  /4

  $150,000

  $25K PRICE DROP

  • Land
  • 1.43 Acres
  • $104,895 per Acre

  10972 U S Highway 64, Arlington, TN 38002

  BACK ON THE MARKET. For sale is the total of 1.43 acres for the lots located at 10972 and 10982. The property was rezoned as general commercial. There is about 261 feet of road frontage. Electrical and water are at the street. Soil map has been done for septic permit application.

  Elena Holcomb John Green & Co., REALTORS

  10972 U S Highway 64, Arlington, TN 38002
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  /2

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,742 Sq Ft

  2629 Tutwiler Ave, Memphis, TN 38112

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2629 is Vacant. Unit 2631 is occupied for $839/month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2629 Tutwiler Ave, Memphis, TN 38112
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  /28

  $200,000

  • 4 Beds
  • 2 Baths
  • 1,893 Sq Ft

  2061 Peabody Ave, Memphis, TN 38104

  Instant equity in Cooper-Young! This 4-bedroom, 2-bath home is priced well below market value, offering a rare opportunity to build equity in one of Memphis’s most desirable neighborhoods. The flexible floor plan, unique layout, and must see sunroom create endless potential for an investor, house hacker, or homeowner ready to add value and make it their own. Located just minutes from some of

  Elliot Cerezo The Home Partners Realty

  2061 Peabody Ave, Memphis, TN 38104
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  /6

  $142,000

  $6K PRICE DROP

  • Land
  • 4.12 Acres
  • $34,466 per Acre

  0 Rosemark Rd Unit 10209511, Unincorporated, TN 38053

  Build your dream home on this beautiful tract, just over 4 acres, located off Rosemark Rd in Millington, TN. The property sits just minutes from the Tipton County line and offers a peaceful rural setting with no city taxes - only county taxes! The land has already been soil mapped and features two ideal build sites, giving you options for your perfect layout. A gravel driveway is already

  Madison King Hometown Realty

  0 Rosemark Rd Unit 10209511, Unincorporated, TN 38053
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  /25

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,275 Sq Ft

  6025 Cloverland Cove, Millington, TN 38053

  Don't Miss This Renovated Waverly Farms Cutie in Quiet Millington Cove-3 BR 2 Baths + Carport- Excellent Condition & Priced Right! New HVAC-30 Year Architectural Roof Approx 2 Years-Newer Vinyl Windows-New Sod-Beautiful New Finishes Throughout-Gorgeous Kitchen w-Quartz Countertops-Subway Tile Backsplash-SS Appliances-Built in Cabinets in Breakfast Room-Hardwood Throughout-Light filled Den has

  Melody Bourell Marx-Bensdorf, REALTORS

  6025 Cloverland Cove, Millington, TN 38053
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  /19

  $192,900

  • 2 Beds
  • 2.5 Baths
  • 1,619 Sq Ft

  3585 Bishops Gate Dr, Memphis, TN 38115

  Welcome to this well-maintained 2-bedroom, 2 bath townhouse offering comfort, functionality, and modern touches throughout. Step inside to an open layout featuring luxury vinyl flooring, neutral paint, and a spacious kitchen with quartz countertops, stainless steel appliances, and a breakfast bar perfect for everyday living and entertaining. The split floorplan offers two private suites, each

  Emanuel Martinez KAIZEN Realty, LLC

  3585 Bishops Gate Dr, Memphis, TN 38115
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  /12

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,451 Sq Ft

  3746 Clarke Rd, Memphis, TN 38115

  Contemporary 3 bedroom 2 bath ready for your magic touch! Very large lot. Vaulted Greatroom w/ FP. Lots of windows. Needs full makeover. Cash or Rehab offers only. Owner Occupant offers will be responded to after 7 days on the market and Investor offers responded after 30 days.

  Scott Housewirth Crye-Leike Inc., REALTORS

  3746 Clarke Rd, Memphis, TN 38115
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  /25

  $115,000

  • 1 Bed
  • 1 Bath
  • 487 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 freshly painted 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, gym, storage, rooftop

  Donnie Morrow eXp Realty, LLC

  109 N Main St Unit 808, Memphis, TN 38103
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  /2

  $144,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  4305 Creekbed Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,169/month with lease through 4/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4566 Fawn Hollow Cv. listed at $160,000 and rented at $1425. Sold AS-IS. Do not disturb tenant. Inspection granted with accepted offer. Great opportunity to expand your rental

  James Johnson Crestcore Realty, LLC

  4305 Creekbed Cove, Memphis, TN 38141
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  /13

  $149,950

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,321 Sq Ft

  3873 Dante Ave, Memphis, TN 38128

  Move-in ready investment or owner-occupant opportunity! Currently tenant occupied with Section 8 income at $1,350/month but could potentially be owner-occupied in the future. No major repairs needed. FHA, VA & conventional financing considered. Features flexible living space, strong rental history & convenient Memphis location near shopping, schools & major roads. Great cash flow potential for

  Glenn McDonald Integrated Assets

  3873 Dante Ave, Memphis, TN 38128
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  /15

  $129,000

  • 3 Beds
  • 1 Bath
  • 1,220 Sq Ft

  3491 Hallbrook St, Memphis, TN 38127

  Beautiful home for first time home buyers. New windows, interior doors, new tile flooring, some hardwood floors, updated bathroom, updated kitchen, new patio, freshly painted interior and exterior. very large backyard great for family gatherings.

  Michelle Batts KAIZEN Realty, LLC

  3491 Hallbrook St, Memphis, TN 38127
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  /33

  $124,900

  • 3 Beds
  • 2 Baths
  • 1,456 Sq Ft

  3530 Naylor Dr, Memphis, TN 38128

  Charming and full of potential, this 3-bedroom, 2-bath home offers comfortable living with flexible space to fit your lifestyle. The inviting layout features spacious bedrooms, a functional kitchen, and plenty of natural light throughout. A partially finished basement provides the perfect opportunity for a second living area, home office, workout room, or recreation space. Outside, enjoy the

  Tiffany Jones Trelora Realty

  3530 Naylor Dr, Memphis, TN 38128
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  /18

  $170,000

  $15K PRICE DROP

  • 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
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  /2

  $107,500

  Coming Soon

  • 3 Beds
  • 1 Bath
  • 1,390 Sq Ft

  1251 Lamar Ave, Memphis, TN 38104

  Make this home your project. Complete rehab needed. AS-IS

  Andre Pruitt TRG Real Estate Services LLC

  1251 Lamar Ave, Memphis, TN 38104
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  /2

  $175,000

  $50K PRICE DROP

  • Land
  • 21,780 Sq Ft
  • $350,000 per Acre

  275 Ellawood Ln, Collierville, TN 38017

  Beautiful one-half acre lot in the Collierville Historic District. A very rare find. Just off a quiet cove. Lot is mostly wooded and is perfect for your dream home. This lot is one of two. It is the south lot. Collierville Schools.

  Craig Smith Banyan Tree, REALTORS

  275 Ellawood Ln, Collierville, TN 38017
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  /28

  $155,000

  • 1 Bed
  • 1 Bath
  • 756 Sq Ft

  2263 Young Ave Unit 204, Memphis, TN 38104

  Welcome to this Young Avenue Beauty, ideally located in the heart of Memphis' vibrant Cooper-Young Historic District! This move-in-ready, well-maintained condo offers the perfect blend of character, convenience, and urban living, just steps away from local restaurants, coffee shops, entertainment, and community events. The spacious unit features an open and inviting layout, all appliances

  Evett Furr D. C. A. Realty, LLC

  2263 Young Ave Unit 204, Memphis, TN 38104
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  /15

  $165,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,030 Sq Ft

  820 Semmes St, Memphis, TN 38111

  Three-bedroom, 2-bathroom home available to low- to moderate-income first-time homebuyers. NO investors. The buyer must meet the HUD 2025 80% AMI total household income requirement. See info in MLS docs. One-year builder's home warranty offered. $25k downpayment assistance is available.

  Tammy Coleman Legendary Realty

  820 Semmes St, Memphis, TN 38111
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  /15

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,262 Sq Ft

  3519 Kirby Valley Dr, Memphis, TN 38115

  Fantastic home ready for its next family! Featuring neutral colors and a blank canvas, this home is perfect for adding your own personal style and touches. Enjoy the large fenced backyard with a covered porch — ideal for relaxing or entertaining with low-maintenance living. Easy to show and easy to fall in love with — make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  3519 Kirby Valley Dr, Memphis, TN 38115
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  /30

  $124,900

  $15K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,044 Sq Ft

  3860 Castleman St, Memphis, TN 38118

  This lovely 4-bedroom, 1.5 -bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

  Alexis Martz Trelora Realty

  3860 Castleman St, Memphis, TN 38118
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  /10

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,340 Sq Ft

  2888 Mercer Dr, Memphis, TN 38127

  Property is being sold in an as is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification

  JERRY EMERSON KING Williams & Williams Real Estate Auctions

  2888 Mercer Dr, Memphis, TN 38127
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  /2

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,800 Sq Ft

  4059 New Willow Rd, Memphis, TN 38111

  Lovely home newly renovated with new pant inside with a bonus new roof! Enjoy the spacious living rm, oversized eat in kitchen with built in stainless steel appliances, 2 bedrooms, 1 bath, and a fenced back yard that is perfect for entertaining and home bar -b ques! Call now, this one won't last long.

  Carol Tate Tate Realty and Construction

  4059 New Willow Rd, Memphis, TN 38111
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  /5

  $160,000

  • Land
  • 4.41 Acres
  • $36,281 per Acre

  0 Mullins Station Rd, Memphis, TN 38134

  AMAZING Opportunity for a Developer! Lot 19 is 2.56 Acres and Lot 20 is 1.85 Acres Totaling 4.41 Acres. Lot 19 Parcel ID:089051 00149 and Lot 20 Parcel ID:089051 00155 are being sold together. Small storage area with a roof is on the property.

  Melissa Blume Thompson eXp Realty

  0 Mullins Station Rd, Memphis, TN 38134
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  /26

  $179,000

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,626 Sq Ft

  435 N Highland St Unit 2, Memphis, TN 38122

  Conveniently located just minutes from UofM, Rhodes, the medical district, and downtown, this spacious 3 BD, 2.5 BA townhome offers comfort, updates, and unbeatable proximity to the best of Memphis. Just across the street from High Point and the Greenline, you'll enjoy easy access to great dining, outdoor rec, and a lively community atmosphere. Inside, the home features a separate living room and

  Caroline Hannah Ware Jones, REALTORS

  435 N Highland St Unit 2, Memphis, TN 38122
• 

  

  /29

  $180,999

  • 3 Beds
  • 1 Bath
  • 1,095 Sq Ft

  2971 Dearing Rd, Memphis, TN 38118

  Don’t miss this inviting 1-story home featuring 3 bedrooms and 1 bathroom with a comfortable layout designed for everyday living. The main living area offers a welcoming space for relaxing or entertaining, while the kitchen provides everyday functionality with easy flow to the dining area. The bedrooms offer flexible space for guests, a home office, or hobbies. One or more photo(s) was virtually

  Vicki Testerman Mainstay Brokerage, LLC

  2971 Dearing Rd, Memphis, TN 38118

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