Shelby County TN Homes under $200,000

• 

  

  

  /22

  $189,900

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

  1449 Lyndale Ave, Memphis, TN 38107

  **ASK ABOUT FORGIVABLE GRANT / LOWERED INTEREST RATE THROUGH RENASANT BANK!** Welcome to 1449 Lyndale Ave — a beautifully renovated 1920 bungalow blending historic charm with modern peace of mind. This 3-bedroom, 2-bath home offers approximately 1,300 square feet of completely updated, turnkey living. Major improvements include new roof, windows, and a full interior renovation in 2021, plus new

  Sarah Flack The Firm

  1449 Lyndale Ave, Memphis, TN 38107
• 

  

  

  /24

  $192,500

  • 2 Beds
  • 1.5 Baths
  • 1,490 Sq Ft

  4764 Eagle Crest Dr Unit 4002, Memphis, TN 38117

  MEET YOUR NEW PLACE OF LIVING! THIS SPACIOUS CONDOMINIUM OFFERS COMFORT AND STYLE WITH UPDATED AMENITIES! UPGRADED KITCHEN WITH STAINLESS STEEL APPLIANCES, UPGRADED FLOORING DOWNSTAIRS AND GAS FIREPLACE. THE QUAINT DINING AREA IS ADJACENT TO THE KITCHEN! BATHROOM DOWNSTAIRS HAS STACKABLE WASHER/DRYER THAT STAYS! ALSO HAS WALKOUT PATIO! UPSTAIRS HAS 2 LARGE BEDROOMS WITH A BALCONY THAT ACOMMODATES

  Charles Grimes KAIZEN Realty, LLC

  4764 Eagle Crest Dr Unit 4002, Memphis, TN 38117
• 

  

  

  /14

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  1532 Silver St, Memphis, TN 38106

  Fully Renovated & Move-In Ready! Welcome to this beautifully renovated 3 bedroom, 1 bath brick home situated on a spacious corner lot. Renovated from top to bottom, this home offers peace of mind and modern finishes throughout. Step inside to find solid surface LVP flooring and tile throughout — no carpet! The updated kitchen features stylish finishes and flows seamlessly into the living spaces,

  Caleb Parr Renshaw Company, REALTORS

  1532 Silver St, Memphis, TN 38106
• 

  

  

  /21

  $135,000

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  928 Chatwood St, Memphis, TN 38122

  Great investment opportunity. Active lease in place. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,200 with a lease expiration of 9/30/26. No creative finance offers. No sign in yard. Adorable Berclair Cottage 2 Bedroom and 1 Bath- NEW Roof and Water Heater in 2024! Easy to Maintain Siding- Oversized Garage w/Automatic Garage door- Good Size

  Jon Dickens The Firm

  928 Chatwood St, Memphis, TN 38122
• 

  

  

  /12

  $130,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4672 Given Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,200 with a lease expiration of 10/31/2026. No creative finance offers. No sign in yard. Property is 2 bedrooms, 1 bathroom, spacious living room that opens to dining area. Fully kitchen with stove, fridge dishwasher, washer and dryer. The primary

  Jon Dickens The Firm

  4672 Given Ave, Memphis, TN 38122
• 

  

  /36

  $200,000

  • 2 Beds
  • 1 Bath
  • 1,435 Sq Ft

  1016 S Cox St, Memphis, TN 38104

  Charming, corner lot bungalow in Cooper Young, just a stone's throw from your favorite hangouts! Curl up on the porch swing with a book in hand or mosey around the corner for some live music, this home offers both quiet living and the ability to keep a pulse on the action. Kitchen features SS appliances, generous cabinet and counter space, and tons of natural light. Renovated bathroom with

  Mary Jeffrey Crye-Leike, Inc., REALTORS

  1016 S Cox St, Memphis, TN 38104
• 

  

  /5

  $180,000

  • Land
  • 2 Acres
  • $90,000 per Acre

  0 Gragg Rd Unit 10214787, Unincorporated, TN 38053

  LOCATION, LOCATION, LOCATION! This corner lot has approximately 540' of frontage along Austin Peay Hwy. The lot already has gas, water, electricity and a septic tank in place. Owner has requested to MLGW that the guide wire on the pole running along the highway side be moved to run parallel with the highway. NOTE: Current owners did not install the septic tank, it has been there since they

  Kathryn McGowan Covington Realty & Auction LLC

  0 Gragg Rd Unit 10214787, Unincorporated, TN 38053
• 

  

  /9

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,448 Sq Ft

  5918 Julian Ct Unit 1, Memphis, TN 38119

  Rare opportunity to own a 3-bedroom, 2-bath ground-floor end unit in the well-established Chatham Village Condominiums, located in the heart of East Memphis just off Park Avenue. This spacious condo offers a highly desirable layout with generously sized bedrooms and a comfortable living area ideal for both everyday living and entertaining. As an end unit, the home enjoys added privacy. The

  James Harvey Jr Keller Williams

  5918 Julian Ct Unit 1, Memphis, TN 38119
• 

  

  /10

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,348 Sq Ft

  3625 Bowen Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place with long term tenant since 2020. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,000 with a lease expiration of 12/31/2026.No creative finance offers. No sign in yard. Property is 3 bedrooms, 1 bathroom, hardwood floors in all living areas and bedrooms. Laminate floors in kitchen and tile in

  Jon Dickens The Firm

  3625 Bowen Ave, Memphis, TN 38122
• 

  

  /14

  $123,000

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  3531 Randolph St, Memphis, TN 38127

  This is a gorgeous 3-bedroom and 1-bath, fully renovated. Large backyard ideal for family gatherings. Recently updated, freshly painted--Great for first-time home buyer--move-in ready. The new AC will be installed soon.

  Major Smith Deberry-Smith Realty LLC

  3531 Randolph St, Memphis, TN 38127
• 

  

  /12

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,134 Sq Ft

  5378 Beaverton Dr, Memphis, TN 38127

  INVESTERS ONLY!!! Nice 3 bedroom 1 bathroom home currently being rented for $850/mo. Home was substantially rehabbed in 2026 and is in good condition. Brick exterior and roof appears to be in good shape. This property is professionally managed and has NO CITY TAXES. This could be a great addition to your portfolio. No sign in the yard. Please do not disturb or approach the tenant.ONLINE VIDEO

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5378 Beaverton Dr, Memphis, TN 38127
• 

  

  /17

  $128,400

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

  4627 Crystal Springs Dr, Memphis, TN 38128

  Lovely 4 bedroom 1 & a half bathroom home that is located on a quiet street. Seller just installed had exterior repairs completed, plus new interior paint and new flooring in January 2026. Home is in move-in condition. No Creative or Owner Financed Offers. No Wholesale or Assignment. FHA/ VA/ Conventional offers welcome! This home qualifies for special 100% financing thru Pinnacle Bank. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4627 Crystal Springs Dr, Memphis, TN 38128
• 

  

  /17

  $169,900

  • 3 Beds
  • 1 Bath
  • 981 Sq Ft

  1494 Raymore Rd, Memphis, TN 38117

  Well-maintained brick home featuring hardwood floors throughout and a recently updated bathroom with new tile. The roof and HVAC were replaced four years ago, providing added peace of mind. The fenced backyard offers privacy and usable outdoor space. While modest in size, this home combines classic character with practical updates, making it a solid option for a primary residence or investment

  Marija Tomic ResiAmerica, Inc.

  1494 Raymore Rd, Memphis, TN 38117
• 

  

  /21

  $103,900

  • 1 Bed
  • 1 Bath
  • 653 Sq Ft

  720 Litty Ct Unit 102, Memphis, TN 38103

  This chic Studio, 1-bath condo in the Carolina Lofts offers the perfect blend of style and convenience. The home features an abundance of natural light, all appliances, granite, hardwood flooring and 9' ceilings. Located on the first floor, you’re steps away from the coveted South Main Arts District, Tom Lee Park, and all of downtown Memphis’s best dining and entertainment. The condo has

  Thomas Blanche Northpoint Asset Management, L

  720 Litty Ct Unit 102, Memphis, TN 38103
• 

  

  /12

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,166 Sq Ft

  4891 Dianne Dr, Memphis, TN 38116

  Move-in ready and fully updated, this 3-bedroom, 1-bath home is situated in a mature, established neighborhood with convenient access to nearby shopping, dining, and major employers. The property offers a large backyard ideal for outdoor living or entertaining. The seller will include all furnishings and appliances at no additional cost, conveyed as-is with no warranty, making this a true turnkey

  Kevin Mills Lawrence Johnson, REALTORS

  4891 Dianne Dr, Memphis, TN 38116
• 

  

  /16

  $195,000 Open Sat 11AM - 12:30PM

  • 3 Beds
  • 2 Baths
  • 1,347 Sq Ft

  4251 Riviera Rd, Memphis, TN 38108

  Modern Ranch with Character & Space Step into this beautifully updated single-story ranch featuring an inviting covered front entry, sleek black-and-white exterior, and an open-concept interior with stylish accent columns and durable flooring throughout. Move-in ready with a clean, contemporary feel—perfect for comfortable living and entertaining. Schedule your private showing today before it’s

  Juan Martinez eXp Realty, LLC

  4251 Riviera Rd, Memphis, TN 38108
• 

  

  /26

  $185,000

  • 4 Beds
  • 1.5 Baths
  • 2,508 Sq Ft

  985 Forrest Ave, Memphis, TN 38105

  Step into a home filled with history and character, just waiting for your personal touch. This 4-bedroom, 1.5-bath property features original hardwood floors, central HVAC, a spacious formal dining room, dedicated office space, and a screened-in porch perfect for relaxing evenings. The fenced backyard adds privacy and room to enjoy the outdoors. With great bones and tons of potential, this home

  Tina Andrade Fast Track Realty, LLC

  985 Forrest Ave, Memphis, TN 38105
• 

  

  /28

  $194,995

  • 3 Beds
  • 1.5 Baths
  • 1,368 Sq Ft

  1820 W Holmes Rd, Memphis, TN 38109

  Don’t miss your opportunity to tour this beautifully updated 3-bedroom home. Step inside to find a spacious living room and cozy den, perfect for both everyday living and entertaining. The interior showcases a blend of gorgeous hardwood, tile, and terrazzo floors throughout, adding charm and character to every room. Outside, enjoy the privacy of a fully fenced backyard—ideal for relaxing evenings

  Maria Townsend Crye-Leike, Inc., REALTORS

  1820 W Holmes Rd, Memphis, TN 38109
• 

  

  /15

  $147,900

  • 1 Bath
  • 595 Sq Ft

  731 Litty Ct Unit 305, Memphis, TN 38103

  Furnished top-floor studio condo with river views in the desirable South Bluffs community of Downtown Memphis. Bright open layout with large windows, updated finishes, and in-unit washer and dryer. Enjoy gated access, assigned covered parking, and a community pool just steps from the Mississippi River, Tom Lee Park, Beale Street, and the South Main Arts District. Offered fully furnished and

  Donnie Morrow eXp Realty, LLC

  731 Litty Ct Unit 305, Memphis, TN 38103
• 

  

  /26

  $162,500

  • 3 Beds
  • 2 Baths
  • 1,627 Sq Ft

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119

  This condo is an upstairs flat with a private entrance at ground level. The spaciousness of this unit allows for numerous possibilities to suit your individual lifestyle. The 2-sided fireplace between the kitchen/dining area and the living room is a wonderful feature that adds to the enjoyment of these 2 areas. There is a separate laundry area adjacent to the kitchen. Covered parking is available

  Bill Bates Crye-Leike, Inc., REALTORS

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119
• 

  

  /16

  $146,900

  • 4 Beds
  • 1 Bath
  • 1,540 Sq Ft

  808 Mohawk Ave, Memphis, TN 38109

  This property is currently tenant occupied, please do not disturb the tenant! The property has undergone a recent renovation in 20205. New HVAC (2025), new furnace (2025), roof is in good condition, hot water heater is 2019, and renovated kitchen and bathroom.

  Lauren McNary Marathon REALTORS, LLC

  808 Mohawk Ave, Memphis, TN 38109
• 

  

  /20

  $118,999

  • 3 Beds
  • 2 Baths
  • 1,439 Sq Ft

  1503 Haywood Ave, Memphis, TN 38127

  Occupied Home Sits on Little Less than a 1/2 Acre, Offers Closed in Exterior Room for Outside Entertaining, with small Fish Pond. Washroom. Recently Renovated Kitchen. Living Room and Oversized Den. Conveniently Located with Easy Access to Millington and Downtown Memphis. No Wholesalers - No Assignment Options. Motivated Seller

  Jason Hunter Hunter Management, LLC

  1503 Haywood Ave, Memphis, TN 38127
• 

  

  /22

  $192,900

  • 3 Beds
  • 2 Baths
  • 1,783 Sq Ft

  1969 E Holmes Rd, Memphis, TN 38116

  The property is currently tenant occupied, please do not disturb the tenant. The property underwent a renovation in 20205. The HVAC is 2017 (coil is 2018), new furnace (2025), roof is in good condition, and new dishwasher.

  Lauren McNary Marathon REALTORS, LLC

  1969 E Holmes Rd, Memphis, TN 38116
• 

  

  /29

  $198,900 Open Sat 11AM - 1PM

  • 3 Beds
  • 1.5 Baths
  • 953 Sq Ft

  506 Mcdermitt Rd, Memphis, TN 38120

  This home features beautiful hardwood floors throughout and an updated kitchen with granite countertops that opens seamlessly into the living room, creating an easy, connected flow for everyday living or entertaining. Major updates include a newer roof and HVAC system, giving peace of mind for years to come. Step outside to a huge, fully fenced backyard complete with a storage shed. All of these

  Tracy Duggan Real Broker

  506 Mcdermitt Rd, Memphis, TN 38120
• 

  

  /13

  $174,900

  • 3 Beds
  • 2 Baths
  • 1,193 Sq Ft

  4214 Meadow Valley Dr E, Memphis, TN 38141

  Tenant occupied. Valid lease until 1/28. Rented at $1,445 a month. This is a turnkey income producing rental that has recently been rehab. Pictures are after recent rehab.

  Joe King Marathon REALTORS, LLC

  4214 Meadow Valley Dr E, Memphis, TN 38141
• 

  

  /16

  $115,000

  • 2 Beds
  • 1 Bath
  • 831 Sq Ft

  3515 Vanuys Rd, Memphis, TN 38111

  Charming 2-bedroom, 1-bath home located at 3515 Vanuys Rd, just minutes from the University of Memphis, local restaurants, and shopping. This property features hardwood floors, updated finishes, a detached garage, and a spacious backyard deck for outdoor enjoyment. Approved for the City of Memphis Down Payment Assistance Program, eligible buyers may receive up to $25,000 toward down payment and

  Sabaria Dean Fast Track Realty, LLC

  3515 Vanuys Rd, Memphis, TN 38111
• 

  

  /21

  $110,000

  • 2 Beds
  • 1 Bath
  • 875 Sq Ft

  1146 Echles St, Memphis, TN 38111

  Cash-flowing at $1,050/month. Resident has been here several years and would like to stay. Just passed Section-8/MHA inspection! House is in great shape and maintenance has been minimal. No inspections without accepted contract. Tenant rights, do not disturb. Great opportunity for steady

  Mario Jaramillo Highland Realty Services

  1146 Echles St, Memphis, TN 38111
• 

  

  /30

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,348 Sq Ft

  2961 Jib Cove Unit 30, Memphis, TN 38119

  Welcome to 2961 Jib Cv! This well-maintained 3-bedroom, 2-bath home offers 1,348 sq ft of comfortable living space with spacious rooms and thoughtful updates throughout. The kitchen features granite countertops and comes fully equipped with all appliances—including stove, refrigerator, dishwasher, microwave, washer, and dryer. Recent upgrades include new ceiling fans and light fixtures. Enjoy the

  Jorge Marquez Fast Track Realty, LLC

  2961 Jib Cove Unit 30, Memphis, TN 38119
• 

  

  /18

  $190,000

  • 3 Beds
  • 1 Bath
  • 1,393 Sq Ft

  4584 E Dearing Rd, Memphis, TN 38117

  Fully renovated 3BR/1BA home in East Memphis! Move-in ready with updated kitchen, fresh finishes, and great natural light. Property includes a wired, fully equipped workspace/shed—perfect for storage, hobbies, or office use. Conveniently located near Audubon Park and shopping/dining in the Poplar/Perkins corridor. Strong rental potential with area comps up to $1,500/month. Ideal for investors or

  James Johnson Crestcore Realty, LLC

  4584 E Dearing Rd, Memphis, TN 38117
• 

  

  /13

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  5001 Frankie Ln, Memphis, TN 38109

  A cute home, an excellent investment property opportunity or for a buyer looking for the perfect fixer upper. A split bedroom floorplan, with 2 bedrooms down and 2 bedrooms upstairs. Seller has done a minor refresh with new interior paint and new laminate flooring. Five minutes from the interstate and local shopping. A block away from the Links at Whitehaven Golf and Country Club.

  Linitra Washington KAIZEN Realty, LLC

  5001 Frankie Ln, Memphis, TN 38109
• 

  

  /9

  $119,900

  • 3 Beds
  • 1.5 Baths
  • 985 Sq Ft

  3679 Glenburee Cove, Memphis, TN 38109

  Instant cash flow, zero hassle. This fully renovated 3BR/1.5BA home is truly turnkey with major upgrades throughout—new HVAC, fresh paint inside and out, updated kitchen and baths, new flooring, and improved systems for low-maintenance ownership. Professionally managed and already leased at $992/month through 7/31/26, delivering reliable income from Day 1. Buy today, get paid tomorrow. Perfect

  Will Morgan Marathon REALTORS, LLC

  3679 Glenburee Cove, Memphis, TN 38109
• 

  /2

  $196,000

  • 3 Beds
  • 1 Bath
  • 1,199 Sq Ft

  1744 Dearing Rd, Memphis, TN 38117

  Great Investment Opportunity - Immediate Income! No yard sign ~ Please do not disturb the tenants. This home blends classic charm with modern updates. This property has a living room and a bonus family room. The primary bedroom is a nice retreat, and the two additional bedrooms provide versatility for guests, home office, or a personal gym. Enjoy outdoor living in the spacious backyard, where the

  Dawn Kinard Welch Realty, LLC

  1744 Dearing Rd, Memphis, TN 38117
• 

  

  /14

  $134,900

  • 2 Beds
  • 1 Bath
  • 929 Sq Ft

  842 S Graham St, Memphis, TN 38111

  Quiet neighborhood. Beautiful wood work inside. Newly refinished hardwoods, interior and exterior paint. Nice deck overlooking the large fenced backyard. Great for relaxing.

  Les Jones Brookfield Properties, Inc.

  842 S Graham St, Memphis, TN 38111
• 

  

  /15

  $174,900

  • 3 Beds
  • 2.5 Baths
  • 1,582 Sq Ft

  4999 Tradewind Terrace, Memphis, TN 38118

  Completely renovated and move-in ready, this beautifully updated 3 bedroom, 2.5 bathroom home offers the perfect blend of modern finishes, major system upgrades, and long-term value. With approximately 1,566 square feet of thoughtfully refreshed space, nearly every surface has been improved — including all new windows, new HVAC system, new flooring throughout, fresh interior and exterior paint,

  Will Morgan Marathon REALTORS, LLC

  4999 Tradewind Terrace, Memphis, TN 38118
• 

  

  /21

  $119,900

  • 3 Beds
  • 1 Bath
  • 994 Sq Ft

  2104 Alta Vista Ave, Memphis, TN 38127

  The property is currently occupied, please do not disturb the tenant. Property underwent an extensive renovation in 2024. New breaker panel (2024), all new windows (2024), new hot water heater (2024), new HVAC (2024) and updated kitchen and bathroom.

  Lauren McNary Marathon REALTORS, LLC

  2104 Alta Vista Ave, Memphis, TN 38127
• 

  

  /8

  $129,900

  • 3 Beds
  • 1 Bath
  • 941 Sq Ft

  1251 Holliday St, Memphis, TN 38122

  Convenient Location ~ Fresh Paint ~ Brick home ~ Large Backyard ~ Tiled Bath ~ No Carpet ~ Ready to Occupy!

  Taj Schuerman Keller Williams Realty

  1251 Holliday St, Memphis, TN 38122
• 

  

  /13

  $173,700

  • 3 Beds
  • 1.5 Baths
  • 1,830 Sq Ft

  2624 Courtney Dr, Memphis, TN 38128

  MAJOR PRICE REDUCTION!! This 3-bedroom, 2.5 bath home features a functional layout with functional living space throughout. Enjoy a large bonus bedroom on the lower level with a separate bathroom and standup shower. With solid bones and room for updates, this home offers a great opportunity to add value and make it your own. Conveniently located near schools, shopping, and major roadways for easy

  Makayla Metcalf-Martin Keller Williams

  2624 Courtney Dr, Memphis, TN 38128
• 

  

  /8

  $112,500

  • 3 Beds
  • 1 Bath
  • 950 Sq Ft

  3076 Jean Dr, Memphis, TN 38118

  Good looking 3 bedroom brick and frame home. New carpet, new faucet and new water heater. Good tenants on a 2 year lease at $1200 per month. Make ofers subject to inspection.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  3076 Jean Dr, Memphis, TN 38118
• 

  

  /21

  $179,900

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1869 Sea Isle Rd, Memphis, TN 38117

  This beautiful & cozy home was previously updated with white cabinets and beautiful granite countertops. The full interior has recently been painted (3/2026). Authentic hardwood flooring throughout the home, new tile in the bathroom and shower, & all new light fixtures and more!! This is absolutely a must see!

  Dawn Kinard Welch Realty, LLC

  1869 Sea Isle Rd, Memphis, TN 38117
• 

  

  /7

  $110,000

  • 2 Beds
  • 1 Bath
  • 801 Sq Ft

  2857 Montague Ave, Memphis, TN 38114

  INVESTORS ONLY – TURNKEY CASH FLOW! Immediate income-producing property rented for $860/month with tenant secured through 12/31/2026. Tenant in place since December 2023. Fully renovated in 2023—new roof, HVAC, water heater, and updated interiors. Low-maintenance asset, professionally managed. Ledger and maintenance records available. No wholesale, assignment, or seller financing. Please do not

  Jeremy Veldman KAIZEN Realty, LLC

  2857 Montague Ave, Memphis, TN 38114

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