Shelby County TN Homes under $200,000

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  /6

  $9,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  126 Lucy Ave, Memphis, TN 38106

  The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments. THIS IS LARGE MAJORITY BRICK HOME LOCATED ON THE END OF A COVED STREET. WITH SOME TLC THIS PROPERTY COULD BECOME A DIAMOND IN THE ROUGH.

  Juan Brooks Process Realty Services

  126 Lucy Ave, Memphis, TN 38106
• 

  

  /2

  $199,000

  • Land
  • 2.69 Acres
  • $73,978 per Acre

  4426 Broadway Rd, Arlington, TN 38002

  April Garrett C21 Patterson & Assoc. Real Es

  4426 Broadway Rd, Arlington, TN 38002
• 

  

  /2

  $20,000

  • Land
  • 11,325 Sq Ft
  • $76,923 per Acre

  944 Tully St, Memphis, TN 38107

  Residential lot in uptown near downtown. Great lot ready to build! Minutes from the newly renovated Tom Lee Park.

  Crystal Mitchell Renshaw Company, REALTORS

  944 Tully St, Memphis, TN 38107
• 

  

  

  /29

  $142,900

  • 3 Beds
  • 2 Baths
  • 1,988 Sq Ft

  7021 Gleneagles Dr, Memphis, TN 38141

  Rare opportunity in a private enclave of only 4 homes tucked behind Kroger at Shelby Drive & Riverdale Road, just minutes from DeSoto County, shopping, dining & major commuter routes. Situated in a cove, this 3BR/2BA home offers approximately 2k sq. ft., a long private fenced driveway, carport, bonus rooms, storage areas & a spacious floor plan with strong value-add potential. Ideal for

  Glenn McDonald Integrated Assets

  7021 Gleneagles Dr, Memphis, TN 38141
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  /4

  $94,900

  • 3 Beds
  • 2 Baths
  • 1,103 Sq Ft

  4550 Spring Glen Dr, Memphis, TN 38128

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $835/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4550 Spring Glen Dr, Memphis, TN 38128
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  /2

  $98,000

  • 2 Beds
  • 1 Bath
  • 886 Sq Ft

  2775 Windsor Pkwy, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,450 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over

  Harry Samuels Pinnacle Realty

  2775 Windsor Pkwy, Memphis, TN 38127
• 

  

  /19

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,480 Sq Ft

  4801 Northfield Cir, Memphis, TN 38128

  Spacious and beautifully maintained home located in the desirable Northfield neighborhood. This inviting property at 4801 Northfield Cir offers a functional layout with generous living spaces, abundant natural light, and thoughtful updates throughout. The kitchen features ample cabinetry and workspace, flowing seamlessly into the main living and dining areas—perfect for everyday living and

  Michael Nix eXp Realty, LLC

  4801 Northfield Cir, Memphis, TN 38128
• 

  

  /22

  $189,900

  • 5 Beds
  • 2 Baths
  • 2,239 Sq Ft

  5114 Jessie Lee Ln, Memphis, TN 38118

  Move right in! This is the one you've been waiting for!! This home is 5 bedrooms all on ONE level! With ample living area and bedrooms galore, this is one you will not want to pass up!!

  Jamie Green River City Land Co., LLC

  5114 Jessie Lee Ln, Memphis, TN 38118
• 

  /2

  $60,000

  • Land
  • 7,405 Sq Ft
  • $352,941 per Acre

  1417 Court Ave, Memphis, TN 38104

  Great opportunity to build or invest on this spacious lot in a convenient Memphis location. Existing home on the property is not livable and is being sold as-is, where-is, with no value given to the structure. Ideal for new construction, redevelopment, or a tear-down project. Utilities already available on site, offering added value for your future plans. Excellent potential for builders,

  Crystal Mitchell Renshaw Company, REALTORS

  1417 Court Ave, Memphis, TN 38104
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  /32

  $89,900

  • 3 Beds
  • 2 Baths
  • 1,025 Sq Ft

  645 Parkrose Rd, Memphis, TN 38109

  Charming single-story home featuring 3 bedrooms and 1 full bath in an established Memphis neighborhood. This property offers a functional layout with an eat-in kitchen, spacious living area, attached carport, and a level lot with driveway parking. This property is being sold AS-IS.

  Tiffany Jones Trelora Realty

  645 Parkrose Rd, Memphis, TN 38109
• 

  

  /13

  $120,000

  • 4 Beds
  • 2 Baths
  • 1,260 Sq Ft

  560 W Peebles Rd, Memphis, TN 38109

  Really nice 4bed 2bath home. Home has brand new kitchen (new kitchen counter tops, new sink, new tile, new cabinets) Tons of space for buyers. Brick and stone exterior with a nice front porch. Another awesome bonus---This home qualifies for special 100% financing for owner occupant buyers! FHA/VA/ Conventional offers welcome! Seller also selling 2229 Zanone, 2442 Manchester, and 2701 Frayser, and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  560 W Peebles Rd, Memphis, TN 38109
• 

  

  /19

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  749 Bey St, Memphis, TN 38114

  Charming home at 749 Bey Street in Memphis offering comfort, space, and great potential. Inside, you’ll find a bright layout with generous living areas and well-sized bedrooms. The large yard provides plenty of room for outdoor enjoyment or entertaining. Conveniently located near schools, shopping, and major roads, this property is a great option for homeowners or investors alike. New roof, new

  Celiesse Edwards Thomas Harris & Harris Realty Group

  749 Bey St, Memphis, TN 38114
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  /3

  $100,000

  $20K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 1,108 Sq Ft

  3533 Douglass Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is tenant occupied for $895/mo. 35k in rehab done to this property in the past year! Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have

  William Haynes Crye-Leike, Inc., REALTORS

  3533 Douglass Ave, Memphis, TN 38111
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  /21

  $165,000

  • 2 Beds
  • 1 Bath
  • 1,004 Sq Ft

  797 University St, Memphis, TN 38107

  Located walking distance to Rhodes College. This home features 2 bedrooms, 1 bath, Family Room, Dining Room and Kitchen. 1 Car detached garage plus storage building. Rear parking also available. Vinyl exterior, hardwood flooring, central HVAC. Move in Ready.

  Rachel Gilliam Crye-Leike, Inc., REALTORS

  797 University St, Memphis, TN 38107
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  /8

  $100,000

  $20K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  4826 Leonard Rd, Memphis, TN 38109

  4 bedroom 1.5 Bath Home~~with No Maintenance exterior and Single carport~~ Central HVAC~~Luxury Vinyl Thru-out~~Being sold thru Auction Means only~~ 5% Buyer premium charged to buyer at closing.

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
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  /13

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,061 Sq Ft

  2028 Amity Ave, Memphis, TN 38108

  This property is almost completely renovated. Seller has already completed, new plumbing, new electrical, new roof, new floor, freshly painted, new cabinets. Schedule your tour today. This can be your next cash cow.

  Keino Spring Harris & Harris Realty Group

  2028 Amity Ave, Memphis, TN 38108
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  /8

  $97,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 826 Sq Ft

  2119 Pendleton St, Memphis, TN 38114

  INVESTOR SPECIAL! Tenant-occupied and producing $865/month. Professionally managed. Fully renovated in 2022 with key mechanicals replaced, plus 2025 updates before current tenant move-in. Lease active until 8/31/26. Reports available. Showings only after accepted offer. No wholesale or creative terms.

  Jeremy Veldman KAIZEN Realty, LLC

  2119 Pendleton St, Memphis, TN 38114
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  /2

  $90,000

  • 2 Beds
  • 1 Bath
  • 640 Sq Ft

  3679 Victory Heights Ln S, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $900.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3679 Victory Heights Ln S, Memphis, TN 38118
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  /2

  $6,800

  $4K PRICE DROP

  • Land
  • 1,742 Sq Ft
  • $170,000 per Acre

  783 Mississippi Blvd, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  783 Mississippi Blvd, Memphis, TN 38126
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  /15

  $115,000

  • Land
  • 7.53 Acres
  • $15,272 per Acre

  0 Bethuel Rd Unit 13, Unincorporated, TN 38053

  Discover the perfect location for your dream home! This expansive 7.53-acre lot offers the serene beauty of rural living coupled with unbeatable proximity to the amenities of Millington. To protect your investment and character of the land, restrictions include: single family residential homes only, no mobile or manufactured homes allowed. The land presents an ideal canvas for construction,

  William Patton National Land Realty, LLC

  0 Bethuel Rd Unit 13, Unincorporated, TN 38053
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  /32

  $114,900

  • 1 Bed
  • 1 Bath
  • 846 Sq Ft

  437 Monroe Ave Unit 105, Memphis, TN 38103

  One story contemporary condo with open floor plan and high ceilings. One covered parking space and one uncovered, as well as on street parking. There is a large secured storage space included. Conveniently located to downtown and the medical district. Walkable to restaurants and AutoZone Park. Don't miss this opportunity! UNDER CONTRACT WITH A 12 HOUR FIRST RIGHT OF REFUSAL CLAUSE.

  Linda Sowell Sowell, Realtors

  437 Monroe Ave Unit 105, Memphis, TN 38103
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  /12

  $54,400

  • 2 Beds
  • 1 Bath
  • 943 Sq Ft

  90 E Trigg Ave, Memphis, TN 38106

  Investor Opportunity on this freshly remodeled home! New tenant with 1 year lease through 4/30/27. Rent is $695/mo. Professionally managed. Located close to entertainment and commerce, this neighborhood is prime for growth.

  Joshua Cooper Sowell, Realtors

  90 E Trigg Ave, Memphis, TN 38106
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  /2

  $125,000

  • Land
  • 2.7 Acres
  • $46,296 per Acre

  11737 Stable View Dr, Eads, TN 38028

  Anna Bishop Crye-Leike, Inc., REALTORS

  11737 Stable View Dr, Eads, TN 38028
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  /2

  $5,000

  $5K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  1401 Latham St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1401 Latham St, Memphis, TN 38106
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  /15

  $82,900

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  3230 Ardmore St, Memphis, TN 38127

  Investor special! This is an AS-IS only offering. Seller will not make repairs. No wholesale / assignment contracts will be considered. Priced to sell!!

  Jamie Green River City Land Co., LLC

  3230 Ardmore St, Memphis, TN 38127
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  /16

  $42,500

  • 3 Beds
  • 1.5 Baths
  • 1,721 Sq Ft

  460 Fox Valley Dr, Memphis, TN 38127

  Owner/agent - selling as is where is Call to schedule a showing

  Reginald Williams BROC Properties

  460 Fox Valley Dr, Memphis, TN 38127
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  /32

  $99,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,083 Sq Ft

  4537 Whiteside St, Memphis, TN 38109

  This solid brick and vinyl residence, built in 1971, offers a functional 3-bedroom, 1-bathroom floor plan encompassing 1,083 sqft. The interior layout is well-suited for efficient living, while the exterior features an attached 1-car garage for secure parking and additional storage. The home is situated on a level 0.195-acre lot in the White Haven/Fairley area, providing a manageable and

  Tiffany Jones Trelora Realty

  4537 Whiteside St, Memphis, TN 38109
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  /2

  $4,500

  • Land
  • 5,227 Sq Ft
  • $37,500 per Acre

  1462 Standridge St, Memphis, TN 38108

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  1462 Standridge St, Memphis, TN 38108
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  /10

  $40,000

  $5K PRICE DROP

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

  3043 Sax Rd, Memphis, TN 38109

  Investor Special – Motivated Seller! This property sits on a large lot and is being sold AS-IS. It’s a full rehab opportunity for the right buyer with vision! Whether you’re looking for your next flip, rental project, or a chance to build equity from the ground up, this home is priced to move. Seller did replace the roof

  Tanika Bland BEST Real Estate Company

  3043 Sax Rd, Memphis, TN 38109
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  /3

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,115 Sq Ft

  4612 Newton Dr, Memphis, TN 38109

  INVESTORS ONLY!!! Lovely 3bed 1bath Brick home currently rented for $895/mo with covered parking. This could be a great addition to your portfolio. Professionally managed. No sign in yard, please do not disturb tenants. Lease and Ledger available upon request. ONLINE VIDEO AVAILABLE UPON REQUEST. No creative or owner financed offers. No wholesale or assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4612 Newton Dr, Memphis, TN 38109
• 

  

  /19

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $100,000 on its own. Unfurnished. 2 BR - 1 Bath - First floor flat. Central heat/air. refrigerator and range included. Gated entry to building. You may drive by, but parking is

  Felix Bishop Crye-Leike, Inc., REALTORS

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104
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  /8

  $153,000

  • 3 Beds
  • 1.5 Baths
  • 1,444 Sq Ft

  4340 Marguerite Dr, Memphis, TN 38109

  ATTENTION INVESTORS! Tenant-occupied 3BR/1.5BA home generating $1,470/month with lease secured through 10/31/2026. Property features a spacious living area flowing into a large eat-in kitchen, three generously sized bedrooms, covered parking, carport storage, excellent curb appeal, and more. A full Get Ready renovation was completed in October 2025. Lease, rent rolls, and maintenance records

  Jeremy Veldman KAIZEN Realty, LLC

  4340 Marguerite Dr, Memphis, TN 38109
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  /4

  $4,500

  • Land
  • 10,018 Sq Ft
  • $19,565 per Acre

  2129 Yazoo St, Memphis, TN 38106

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  2129 Yazoo St, Memphis, TN 38106
• 

  

  /21

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,022 Sq Ft

  3522 Stuart Rd, Memphis, TN 38111

  Well maintained investment property in the Sherwood Forest neighborhood. Front house has 2bedrooms - 1bath, living and dining room adequate living space. Back house offers 2-stories 1bedroom, 1bath full size kitchen laundry area and a walk out deck Great rental or AirBNB. Front house is currently tenant occupied.

  Karen Gray REMAX Experts

  3522 Stuart Rd, Memphis, TN 38111
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  /24

  $154,900

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,629 Sq Ft

  865 N Evergreen St, Memphis, TN 38107

  Great home in great location! This property was fully rehabbed in 2024 and these pictures are from the most recent rent ready. This property is currently rented for $1,850 and will cash flow from day 1. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do not disturb

  Stephen Akindona Kairos Realty

  865 N Evergreen St, Memphis, TN 38107
• 

  

  /10

  $124,900

  • 4 Beds
  • 2 Baths
  • 1,084 Sq Ft

  1410 Lyceum Rd, Memphis, TN 38106

  ATTENTION INVESTORS!! 1410 Lyceum Rd, Memphis, TN 38106 is a professionally managed in-house, fully renovated 4BR/2BA, 1,084 SF turnkey rental offering a strong 5.31% cash-on-cash return with a monthly cash flow of $166.79. Financials available upon request. Major improvements include a NEW 30-year architectural roof, NEW 3-ton Carrier HVAC system, NEW 40-gallon water heater, and a full

  James Wachob Foundation Property Management

  1410 Lyceum Rd, Memphis, TN 38106
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  /3

  $45,500

  • 3 Beds
  • 2 Baths
  • 1,928 Sq Ft

  872 Stafford Ave, Memphis, TN 38106

  Large 3/2 with 10ft ceilings in Soulsville Complete Rehab, but Diamond in the Rough Investor Special !!!

  Reginald RL Pruitt Assured Real Estate Services

  872 Stafford Ave, Memphis, TN 38106
• 

  /2

  $70,000

  • 2 Beds
  • 1 Bath
  • 835 Sq Ft

  2340 Hernando Rd, Memphis, TN 38106

  2 bedroom, 1 bath home with a spacious backyard. Tenant-occupied Section 8 rental producing $1,150/month in guaranteed income with a stable tenant in place. Tenant utilizes an additional room as a third bedroom, though it is not officially classified. Interior access permitted only after an accepted contract, contingent upon interior inspection, to minimize disruption to the tenant. Please do not

  LaTonya Hammond Lawrence Johnson, REALTORS

  2340 Hernando Rd, Memphis, TN 38106
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  /35

  $179,900

  $65K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,895 Sq Ft

  756 Garland St, Memphis, TN 38107

  WANT TO MAKE MONEY OWNING AN AIRBNB? HERES YOUR CHANCE! Just mins away from Rhodes College and Crosstown Concourse! Charming and full of character, this well-maintained duplex currently operating as a successful Airbnb blends classic details with comfortable, flexible living spaces. Each unit offers bright interiors, updated flooring, neutral tones, and plenty of natural light. Cozy yet

  James Wachob Foundation Property Management

  756 Garland St, Memphis, TN 38107
• 

  

  /10

  $160,000

  $25K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,645 Sq Ft

  4594 Sea Isle Rd, Memphis, TN 38117

  25k Price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property could be worth a lot of money once fixed up. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant

  William Haynes Crye-Leike, Inc., REALTORS

  4594 Sea Isle Rd, Memphis, TN 38117

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