Shelby County TN Homes under $200,000

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  $135,000

  • 6 Beds
  • 2 Baths
  • 2,600+ Sq Ft

  876 N 3rd St, Memphis, TN 38107

  Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  876 N 3rd St, Memphis, TN 38107
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  $108,500

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  4097 Mossville St, Memphis, TN 38109

  Attention investors! Don’t miss this excellent opportunity to add a solid income-producing property to your portfolio. Located at 4097 Mossville St, Memphis, TN, this 4-bedroom, 1.5 bath home is already generating steady rental income at $770 per month. Whether you're a seasoned investor or just getting started, this is a low-maintenance addition to build your rental income stream. Do the numbers

  Jasmine Owens Keller Williams

  4097 Mossville St, Memphis, TN 38109
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  $164,000

  • Land

  8534 Geiberger Dr, Memphis, TN 38016

  New gated community adjacent to the historical Colonial Country Club golf course. This is an isolated, secluded, beautiful setting to build your dream home. Come see today! You won't believe the setting!

  Lauran Powers Powers Realty, LLC

  8534 Geiberger Dr, Memphis, TN 38016
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  $113,000

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  3125 Vista Grande St, Memphis, TN 38127

  This 3BR/1.1BA home is the perfect property to add to your investment portfolio or to make your own home. Tenant has lived in this home for 8 years and is completely up to date on all payments. Currently rents for $975/month. PLEASE DO NOT DISTURB TENANT! All showings/inspections will be coordinated after offer acceptance. Please call with any questions!

  Karen Miller Real Broker

  3125 Vista Grande St, Memphis, TN 38127
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  $165,000

  • Land
  • 0.21 Acre
  • $785,714 per Acre

  883 Drake Manor Cove, Memphis, TN 38117

  WONDERFUL HIDDEN GEM! GATED SUBDIVISION OFF PARK AVE. WITH 7 LOTS. BACKS UP TO AUDUBON PARK WITH NEIGHBORHOOD GATE ACCESS TO THE PARK. BEAUTIFUL UP-SCALE HOMES.

  Mark Duke Ware Jones, REALTORS

  883 Drake Manor Cove, Memphis, TN 38117
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  $100,000

  • 5 Beds
  • 1 Bath
  • 2,200+ Sq Ft

  895 S Willett St, Memphis, TN 38114

  This spacious 5-bedroom, 1-bath, 2-story home is ready for a full renovation! With tons of potential, this property is priced to sell and offers anexcellent investment opportunity. ARV comps in the area are between $225,000 and $300,000—unlock the value with your vision! Bring your contractor and yourinvestor clients to make this property shine! Don't miss out—this one won't last long! AS-IS

  Brian Wicks C21 Patterson & Assoc. Real Es

  895 S Willett St, Memphis, TN 38114
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  $115,000

  • 1 Bed
  • 1 Bath
  • 960 Sq Ft

  1463 Effie Rd, Memphis, TN 38106

  DO NOT THE TENANT! This duplex offers a potential rental income of $1400! It features one bedroom and one bathroom. The units have been renovated and are ready for a prospective new owner.

  Sherita McCray Assured Real Estate Services

  1463 Effie Rd, Memphis, TN 38106
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  $200,000

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

  7439 Concord View Dr, Memphis, TN 38125

  What an investment opportunity! Awesome neighborhood, great rents and really amazing property for long-term holders - this one has it all. 3/2, just placed a new tenant for $1524, Sec. 8/MHA and with a 2-car garage. The neighborhood has great schools and plenty of shopping within a few minutes, so the value-add/growth potential will go up over the years for a really nice exit strategy as a

  Randall Weatherall Memphis Metro Realty

  7439 Concord View Dr, Memphis, TN 38125
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  $190,000

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  1776 Dorrie Ln, Memphis, TN 38117

  Attention investors! Add this cash-flowing rental property to your portfolio! Current owner spent nearly $40k on updates since in 2022: NEW ROOF, FULLY RENOVATED BATHROOMS, ALL NEW interior paint, NEW kitchen cabinets & countertops, NEW washer, dryer, dishwasher garbage disposal, sink, ceiling fans, NEW landscaping and more! All hardwood floors & tile - NO CARPET! Awesome one-level floorplan with

  Lauren Waites Real Estate Agency

  1776 Dorrie Ln, Memphis, TN 38117
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  $129,500

  • 2 Beds
  • 1 Bath
  • 1,769 Sq Ft

  635 Mcwhirter Ave, Memphis, TN 38127

  Tenant occupied!!! Do not disturb the tenants. All offers must be approved prior to any inspection. Offer instructions are in the attached documents.

  Henry Booth Omni, REALTORS

  635 Mcwhirter Ave, Memphis, TN 38127
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  $139,900

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  79 E Shelby Dr, Memphis, TN 38109

  This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

  Joye Martin Miller Martin Realty

  79 E Shelby Dr, Memphis, TN 38109
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  $109,900

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  2218 Kingsley Cove, Memphis, TN 38127

  Occupied, cashflowing house in a really nice area of Frayser. Rented for $1150/month currently, with renewal due this month. Nice sized house with great long-term rentability as a 3/2 with a 2-car garage - this one will be such a solid addition to your portfolio for years to come. Buyer to verify all facts. NO wholesaler offers or 'creative financing/seller-financing' offers will be accepted.

  Randall Weatherall Memphis Metro Realty

  2218 Kingsley Cove, Memphis, TN 38127
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  $110,000

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

  4015 N Trezevant St, Memphis, TN 38127

  Frayser is home to some of the most desirable neighborhoods for investors and houses like this make it easy to see why! Brick 3/1.5 with a carport makes for an awesome addition to just about any portfolio looking for long-term rent potential and stability. It's currently rented for $1150/month until 9/30/25 so it's ready to perform from day one! Buyer to verify all facts. NO wholesaler offers

  Randall Weatherall Memphis Metro Realty

  4015 N Trezevant St, Memphis, TN 38127
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  $130,000

  • Land
  • 2.03 Acres
  • $64,039 per Acre

  175 S Monterey Farms Cove, Collierville, TN 38017

  Beautiful 2 Acre lot in Monterey Farms! It's perfect for that custom home you plan on building. 2 different options to choose from, either 2 Acre lots are ready for your dream home!

  Jarret Kilpatrick Crye-Leike, Inc., REALTORS

  175 S Monterey Farms Cove, Collierville, TN 38017
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  $125,000

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3209 Coleman Ave, Memphis, TN 38112

  Attention Investors and Home Buyers! This charming 3-bedroom, 2-bath home is recently renovated and currently tenant-occupied, generating $1,200 per month on a month-to-month lease—an excellent rental income opportunity! Showings are available only with an accepted contract to respect tenant privacy. The property can be delivered vacant at closing, or you can choose to renew the lease and

  Zahra Sultan eXp Realty, LLC

  3209 Coleman Ave, Memphis, TN 38112
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  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1502 Mary Jane Ave, Memphis, TN 38116

  Turnkey Rental | $1,080/mo | Lease in Place Until 5/2026 | Cap Rate ~7% | Priced to Sell. Cash Flowing Investment opportunity in the Whitehaven area. This 3br/1 bath single-family home is in the 38116. Cash flowing, currently rented at $1080/month. Current lease ends 05/2026. Showings with an accepted offer. Do not disturb tenants.

  Courtney Staples Keller Williams

  1502 Mary Jane Ave, Memphis, TN 38116
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  $169,900

  • 4 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  2275 Jackson Ave, Memphis, TN 38112

  This is an As Is Sale Wood Floors 2 Car Detached Garage Home in need of cosmetic repairs Great oppurtunity to flip home

  Frank Pereira Jennae Realty, Inc.

  2275 Jackson Ave, Memphis, TN 38112
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  $150,000

  • Land
  • 0.78 Acre
  • $192,308 per Acre

  11462 Gulf Stream Rd, Arlington, TN 38002

  Commercial land ready for building! Plans for an office/tenant space have been approved by the city of Arlington and attached to this listing.

  Kayla Huff eXp Realty, LLC

  11462 Gulf Stream Rd, Arlington, TN 38002
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  $160,995

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3507 Duane Cove, Memphis, TN 38118

  4 bedroom 2 full bathrooms Brick corner lot house near Wooddale Middle School. Surrounded with mature trees fenced in power gate, basketball Goal, 24hrs security surveillance camera, double car garage. Neutral floor plan, separate laundry room, Dinning room & den w/Fire Place. Kitchen w/breakfast room. 15x12 enclosed patio for relaxing or entertaining. Wheelchair ramp Beautiful landscaped corner

  Eric Mhoon TRG Real Estate Services, LLC

  3507 Duane Cove, Memphis, TN 38118
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  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  3965 Plymouth Ave, Memphis, TN 38128

  Great turn key rental. New roof 4/2025. Currently rented for $1,295 a month with valid lease until 3/31/26.

  Joe King Marathon REALTORS, LLC

  3965 Plymouth Ave, Memphis, TN 38128

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