Shelby County TN Homes under $200,000

• 

  

  

  /13

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,336 Sq Ft

  999 Seattle St, Memphis, TN 38114

  Welcome home! This beautifully renovated property features an open floor plan designed for comfortable, modern living. Located in the highly desirable Cooper-Young neighborhood, this home offers excellent potential as a charming primary residence or a smart opportunity for an investor seeking a strong value. Homes like this don’t come along often—schedule your showing today and see the potential

  Anna Palazola Crye-Leike, Inc., REALTORS

  999 Seattle St, Memphis, TN 38114
• 

  

  

  /13

  $100,000

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  1023 Parkland Rd, Memphis, TN 38111

  Excellent opportunity for buyers seeking steady rental income $1,000/month rent | Lease ends 12/01/2026. Stable tenant, strong rental demand, and great passive income potential. Situated on a generous 0.25-acre lot, just minutes from the University of Memphis. Lease and Ledger available on request.

  Lakesha Lilly Leatherwood The Home Partners Realty

  1023 Parkland Rd, Memphis, TN 38111
• 

  

  

  /15

  $110,000

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

  2080 Sharon Ln, Memphis, TN 38127

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property was currently rented for $1,135 but the current tenant is being evicted. 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

  Stephen Akindona Kairos Realty

  2080 Sharon Ln, Memphis, TN 38127
• 

  

  

  /12

  $107,000

  • 3 Beds
  • 2 Baths
  • 1,172 Sq Ft

  2851 Carnes Ave, Memphis, TN 38114

  Investment Opportunity! Property being sold AS-IS. Home is associated with 4530 Beacon Hill as a portfolio package or can be purchase individually too.

  Bernard Evans 4 Success Realty, LLC

  2851 Carnes Ave, Memphis, TN 38114
• 

  

  

  /30

  $162,000

  • 4 Beds
  • 2 Baths
  • 1,298 Sq Ft

  3858 Ajanders Dr, Memphis, TN 38127

  Welcome home! This charming 4-bedroom ranch offers comfort, space, and versatility--perfect for first-time buyers or anyone ready to settle in. Abundant natural light and brand-new windows throughout create a bright, welcoming atmosphere. The open floorplan is ideal for everyday living, with a spacious living room flowing seamlessly into the kitchen and adjoining dining nook, making it easy to

  Phil Hopewell Results MLS REALTORS

  3858 Ajanders Dr, Memphis, TN 38127
• 

  

  /29

  $155,000

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

  5328 Clinchport Cir, Memphis, TN 38127

  MHFA RENTAL AT $1550 per month!! 1% CASH FLOW- ONE YEAR BUILDER WARRANTY, Tenant in annual lease 4 BR 2 Bath home fully renovated in super-hot and growing rental market! New roof, exterior paint, new floors, bathrooms, and kitchen- LVP, tile and carpet- new condenser, furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. contact Alissa for showing!

  Alissa Anderson KAIZEN Realty, LLC

  5328 Clinchport Cir, Memphis, TN 38127
• 

  

  /21

  $129,500

  • 3 Beds
  • 2 Baths
  • 1,833 Sq Ft

  1026 Cindy Ln, Memphis, TN 38127

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property is currently rented for $1,295 and is cash flowing 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

  1026 Cindy Ln, Memphis, TN 38127
• 

  

  /13

  $119,000

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

  4021 Southlawn Ave, Memphis, TN 38111

  RENTAL PROPERTY. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! DRIVE-BY ONLY!!! No sign on property. Monthly rent is $995. Text or call listing agent for more details. No showings without an accepted offer.

  Brook Loper 901 Properties

  4021 Southlawn Ave, Memphis, TN 38111
• 

  

  /23

  $139,500

  • 3 Beds
  • 1 Bath
  • 1,441 Sq Ft

  3219 Nathan Ave, Memphis, TN 38112

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property is currently rented for $1,395 and is cash flowing 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

  3219 Nathan Ave, Memphis, TN 38112
• 

  

  /16

  $150,000

  • 2 Beds
  • 1.5 Baths
  • 1,120 Sq Ft

  5866 Roxbury Dr Unit 5866, Memphis, TN 38119

  Beautifully remodeled 2-bedroom, 1.5-bath condo in the heart of East Memphis. This home features an updated kitchen, luxury vinyl plank flooring throughout, and updated bathrooms. Located in a gated community that offers both security and peace of mind, residents also enjoy access to a neighborhood pool—perfect for relaxing and connecting with neighbors. A comfortable, move-in-ready space you’ll

  Kristen Monserrat The Home Partners Realty

  5866 Roxbury Dr Unit 5866, Memphis, TN 38119
• 

  

  /23

  $135,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1120 Parkland Rd, Memphis, TN 38111

  Welcome to 1120 Parkland Rd, Memphis, TN 38111—a warm and inviting home ready for a new family to create lasting memories. Situated in a generous .25-acre lot, this beautifully updated 2-bedroom, 1-bath home also includes a versatile office space with its own private entry, perfect for a home office, playroom, or guest area. The home has been thoughtfully renovated with a new roof, new windows, a

  Cecilia Fernandez The Home Partners Realty

  1120 Parkland Rd, Memphis, TN 38111
• 

  

  /20

  $168,000

  • 3 Beds
  • 1 Bath
  • 875 Sq Ft

  4774 Montgomery Rd, Millington, TN 38053

  Great opportunity for first-time home buyers! This Millington home has recently undergone a full rehab including a modern kitchen, an updated bathroom, new flooring, new windows, new plumbing, new electrical, a new roof, updated fixtures, and fresh paint throughout. The bright, open layout is designed for comfortable everyday living and entertaining. Conveniently located near schools, shopping,

  Elisha Fritz The Home Partners Realty

  4774 Montgomery Rd, Millington, TN 38053
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  /29

  $179,000

  • 4 Beds
  • 2 Baths
  • 1,570 Sq Ft

  4471 Jamaica Ave, Memphis, TN 38117

  4/2 in Colonial Acres! Stainless steel appliances included in the kitchen! Renovated bathrooms! Huge primary suite with walk in closet, full bath, and laundry room. Open living plan, and storage room out back!

  Alissa Fowler CrestCore Realty MphsBrokerage

  4471 Jamaica Ave, Memphis, TN 38117
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  /11

  $110,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  1420 National St, Memphis, TN 38122

  Renovated 2BR/1BA home updated approximately 3 years ago. Currently tenant occupied at $1,000/month on a month-to-month lease, offering immediate rental income with flexibility. These are the most recent pictures of the property. Interior condition may differ from photos. No showings without an accepted offer.

  Kendrick Garcia Fast Track Realty, LLC

  1420 National St, Memphis, TN 38122
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  /5

  $137,500

  • Land
  • 0.63 Acre
  • $218,254 per Acre

  10267 Gray Heron Ln, Lakeland, TN 38002

  Awesome Corner lot in Herons Ridge Subdivision. Great opportunity to build your dream home. Convenient to Lakeland Elementary school. Established neighborhood. Drive out and see the property today!

  Lisa Davis Wills Adaro Realty, Inc.

  10267 Gray Heron Ln, Lakeland, TN 38002
• 

  

  /19

  $158,000

  • 4 Beds
  • 2 Baths
  • 1,333 Sq Ft

  3512 Wilshire Rd, Memphis, TN 38111

  Gorgeous studs in remodel! Excellent curb appeal! 4 bed/ 2 bath, fully fenced. Light oak LVP floors, smooth ceilings, updated kitchen and baths! New kitchen cabinets and subway tile. New roof and HVAC. Come see it for yourself!

  Amanda Kirkman KAIZEN Realty, LLC

  3512 Wilshire Rd, Memphis, TN 38111
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  /10

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,108 Sq Ft

  818 Margie Dr, Memphis, TN 38127

  Solid brick home with fresh interior paint, new kitchen countertops, and tile flooring in the kitchen. The property features a fenced front yard with a secure gate, offering added privacy.

  Wei Zhai eXp Realty, LLC

  818 Margie Dr, Memphis, TN 38127
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  /16

  $114,500

  • 3 Beds
  • 1 Bath
  • 1,581 Sq Ft

  785 Pawnee Ave, Memphis, TN 38109

  Welcome to this fully upgraded 3-bedroom, 1 full-bath home offering comfort, style, and functionality. The open-concept layout is perfect for modern living, featuring a separate living room and dining room ideal for entertaining. Enjoy fresh interior paint throughout and hardwood floors in the main entertainment areas, adding warmth and character to the home. The kitchen is equipped with a

  Candice Hardaway Keller Williams

  785 Pawnee Ave, Memphis, TN 38109
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  /9

  $112,900

  • Land
  • 20.66 Acres
  • $5,465 per Acre

  0 Old Millington Rd, Memphis, TN 38127

  Discover an unmatched outdoor opportunity situated directly on the northwest edge of Memphis. This premier hunting and recreational tract offers the rare combination of high-caliber wildlife habitat and incredible urban convenience, allowing you to be in your deer stand just minutes after leaving downtown or East Memphis. Key Features & Habitat Elite Wildlife Location: The property adjoins

  William Patton National Land Realty, LLC

  0 Old Millington Rd, Memphis, TN 38127
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  /6

  $175,000

  • 4 Beds
  • 2 Baths
  • 1,536 Sq Ft

  3654 Kearney Ave, Memphis, TN 38111

  Awesome East Memphis Duplex for sale! One side rented ($850/mo.), the other will be vacant effective Feb 2026. Very close to the University of Memphis. Great long-term investment property. Or you could live in one side and collect rent in the other (house hack). FHA, VA, Conventional offers welcome. This is a great location with a large yard. ONLINE VIDEO AVALAIABLE UPON REQUEST. Property is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3654 Kearney Ave, Memphis, TN 38111
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  /7

  $135,000

  • Land
  • 2.16 Acres
  • $62,500 per Acre

  867 E Alcy Rd, Memphis, TN 38106

  Improved 2.16 acres featuring utilities in place, elevated terrain, and partial clearing, located in a private, quiet rural area just minutes from Graceland and major interstate access—a rare combination of peaceful seclusion and prime connectivity.

  Tina Dugan Keller Williams

  867 E Alcy Rd, Memphis, TN 38106
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  /10

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,302 Sq Ft

  3680 Marion Ave, Memphis, TN 38111

  Investors or first-time home buyers dream all the hard work is done. Just need some trim paint and doors re-hung. Three bedrooms, two baths and laundry closet. New roof 2024, new Hvac 2025, new and refurbished floors 2025, new gas water heater 2025, new windows 2024, new gas stove still in box, new kitchen cabinets, bathrooms remodeled, backdoor and screen door new.

  Nancy Williams Weichert, REALTORS-BenchMark

  3680 Marion Ave, Memphis, TN 38111
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  /21

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,559 Sq Ft

  3716 Dorado Ave, Memphis, TN 38128

  Don't miss this one!! This 4 bedroom and 2 bathroom home on one level is the one you have been waiting for!! The home includes new paint, tile flooring, stainless appliances, and a brand new HVAC system all for under $160k!!! Come check it out today!!

  Jamie Green River City Land Co., LLC

  3716 Dorado Ave, Memphis, TN 38128
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  /28

  $148,000

  • 1 Bed
  • 1 Bath
  • 707 Sq Ft

  66 Monroe Ave Unit 405, Memphis, TN 38103

  Step outside your door to one of downtown’s favorite local spots and your morning coffee stop, with shops, dining, and daily conveniences all within easy reach, then come home to the iconic Historic Shrine Building. This beautifully maintained condo is offered furnished or unfurnished, giving you the flexibility to move right in or make it your own. An efficient layout and walk-in closet support

  Sherianne Bangham BHHS Taliesyn Realty

  66 Monroe Ave Unit 405, Memphis, TN 38103
• 

  

  /14

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,647 Sq Ft

  2721 Nix Cove, Memphis, TN 38127

  Recent rehab in past 2 years. Tenant occupied currently rented for $1,395 month. Valid lease until 9/26. Pictures are after rehab and before tenant. Great turn key rental.

  Joe King Marathon REALTORS, LLC

  2721 Nix Cove, Memphis, TN 38127
• 

  

  /13

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,284 Sq Ft

  5140 N Circle Rd, Memphis, TN 38127

  Great recent rehab done a couple of years ago. Tenant occupied currently rented for $1095 a month until 3/26. Pictures are after rehab and before tenant. Great turn key rental with tenant already in place.

  Joe King Marathon REALTORS, LLC

  5140 N Circle Rd, Memphis, TN 38127
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  /27

  $135,000

  • 4 Beds
  • 1.5 Baths
  • 1,153 Sq Ft

  3733 Brompton Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Tenant occupied 4 Bedroom 1.5 Bath home with covered parking currently rented at $1195/mo. Home has a large front porch, REHABBED in late 2025, huge primary bedroom with attached bathroom, and a large back yard (no neighbor behind). This could be a great addition to your rental portfolio. Professionally managed by Renshaw. No sign in the yard. Please do not disturb or approach

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3733 Brompton Rd, Memphis, TN 38118
• 

  

  /10

  $125,000

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

  905 Annie St, Memphis, TN 38107

  Lovely brick 4 bedroom 2 bathroom home that is in very good shape. Property is only steps away from the newly developed Northside Square development site (over $81 million spent on this community hub). Super cool location that is very convenient. Many homes in this area are being rehabbed and sold for more money (lots of growth and opportunity). This can be a great long-term rental, or a great

  Tyler Tapley Crye-Leike, Inc., REALTORS

  905 Annie St, Memphis, TN 38107
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  /12

  $105,000

  • 3 Beds
  • 1.5 Baths
  • 1,208 Sq Ft

  386 Elder Rd, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied 3 bed 1.5 bath home. Currently rented at $1498/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington, and 905 Annie. Can buy in bulk or individually. No sign in the yard. Please do not disturb or approach the tenant. No Creative or Owner Financed Offers. No Wholesale or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  386 Elder Rd, Memphis, TN 38109
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  /36

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,987 Sq Ft

  6307 Cheekwood Ave, Memphis, TN 38134

  Such a well-maintained time capsule! This lovingly cared-for single owner home is ready for its next chapter. Such great entertaining spaces with a super-sized kitchen, cozy breakfast area and brick oven, family room and wet bar, more formal living room and dining area. The primary en-suite is located at the back of the house and has great closet space. The 2nd and 3rd bedrooms share a hall bath.

  Ashley Bonds Marx-Bensdorf, REALTORS

  6307 Cheekwood Ave, Memphis, TN 38134
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  /8

  $145,000

  • Land
  • 3.35 Acres
  • $43,284 per Acre

  8285 Brunswick Rd, Millington, TN 38053

  Come build your dream home today! 3.35 beautiful acres located in an exclusive area in Unincorporated Shelby County on Brunswick Rd! County taxes only! Hurry before it's gone!

  Myles Wilson Keller Williams

  8285 Brunswick Rd, Millington, TN 38053
• 

  

  /19

  $179,000

  • 2 Beds
  • 2 Baths
  • 1,511 Sq Ft

  1026 Wingfield Rd, Memphis, TN 38122

  This well-equipped home offers two bedrooms and two full baths, with a flexible layout and thoughtful updates. The primary bedroom was originally two separate bedrooms and now provides an expansive space with two large closets. Flooring includes hardwood along with some broken tile areas. One bathroom features an accessible jetted walk-in tub for comfort and convenience. The kitchen is designed

  Beth Fuller Clearpoint, REALTORS

  1026 Wingfield Rd, Memphis, TN 38122
• 

  

  /15

  $135,999

  • 3 Beds
  • 2 Baths
  • 1,149 Sq Ft

  3204 Applewood Cove, Memphis, TN 38118

  3204 Applewood Cv is an immaculately maintained home located in a quiet cove in 38118. The home has updates with the flooring, paint and bathroom and has a storage room attached to the carport as well as a shed in a nice sized backyard. This home is ready to be called home to family!! Call me today for a private tour!

  Lloyd Patterson C21 Patterson & Assoc. Real Es

  3204 Applewood Cove, Memphis, TN 38118
• 

  

  /17

  $169,900

  • 3 Beds
  • 1.5 Baths
  • 1,526 Sq Ft

  1673 S White Station Rd, Memphis, TN 38117

  3-bedroom brick home with a separate living room, dining room, and den with fireplace, wood plank floors in the Dining room, Living Room, and all bedrooms, fenced yard, and convenient to shopping, interstate, schools, and restaurants. Please call for an appointment. Best priced listing in the area, better hurry before its too late.

  Jerry T Davidson Memphis One Inc

  1673 S White Station Rd, Memphis, TN 38117
• 

  

  /19

  $109,500

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

  1270 Chickamauga Ave, Memphis, TN 38109

  Lovely 3 bedroom 1 and a half bathroom brick home all one one level! This home was just rehabbed in 2026 and is ready for a new owner! Wonderful home with new interior paint, low maintenance flooring, with excellent floor plan including: den, dining room, large laundry room, and open kitchen concept (perfect for entertaining). This home has an extra large primary bedroom with private half

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1270 Chickamauga Ave, Memphis, TN 38109
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  /29

  $145,000

  • 3 Beds
  • 2 Baths
  • 1,728 Sq Ft

  5064 Knight Arnold Rd, Memphis, TN 38118

  Check out this solid two story, 3 bedroom, 2 bath home that has been in the same family for over 50 years. This is not a flip, it is a true opportunity. The home has great bones and no major issues known, making it the perfect canvas to turn into your dream home. Enjoy a fully fenced yard and peace of mind with new windows installed just two years ago. If you have vision and want a home with

  Tina Andrade Fast Track Realty, LLC

  5064 Knight Arnold Rd, Memphis, TN 38118
• 

  

  /14

  $109,900

  • 3 Beds
  • 1 Bath
  • 913 Sq Ft

  4374 Ford Rd, Memphis, TN 38109

  *Last contract failed due to no fault of seller* Neat as a pin. Offers 3 bedrooms, 1 bath, separate living room & eat in kitchen. The interior has mostly laminate flooring & carpet in one bedroom. The exterior is brick & vinyl siding. Also has a 1 car attached carport. Must see! NO BLIND OFFERS!!!

  Jimmie Hopson Crye-Leike, Inc., REALTORS

  4374 Ford Rd, Memphis, TN 38109
• 

  

  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  3063 Christine Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1229.50/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3063 Christine Rd, Memphis, TN 38118
• 

  

  /3

  $135,000

  • 3 Beds
  • 1.5 Baths
  • 1,298 Sq Ft

  3104 Kingsgate Ave, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1100/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd, 3889

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3104 Kingsgate Ave, Memphis, TN 38118
• 

  

  /26

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,000 Sq Ft

  3011 Christine Rd, Memphis, TN 38118

  Excellent investment opportunity. INVESTORS ONLY. TENANT OCCUPIED! Professionally managed property by Renshaw, tenant occupied property currently rented for $1045/mo. 3 beds, 1 & half bathrooms, covered parking. Property is located at the end of cove in a nice area. Conveniently located near Oakhaven Elm & High. DO NOT APPROACH OR DISTURB TENANT, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3011 Christine Rd, Memphis, TN 38118

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