Shelby County TN Homes under $200,000

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  $109,500

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

  803 Par Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6064

  803 Par Ave, Memphis, TN 38127
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  /2

  $104,350

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

  652 Benham Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,000/mo. Professionally managed. Lease expires on 12/15/25.

  

  Caleb Hall

  Keller Williams

  (901) 657-2945

  652 Benham Ave, Memphis, TN 38127
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  $103,000

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

  3294 Benjestown Rd, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $900/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 676-8719

  3294 Benjestown Rd, Memphis, TN 38127
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  $101,450

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
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  $113,250

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 Early St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
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  $102,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3176 Benjestown Rd, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $775/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-2392

  3176 Benjestown Rd, Memphis, TN 38127
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  /2

  $113,000

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

  646 Semple Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25.

  

  Caleb Hall

  Keller Williams

  (901) 617-7502

  646 Semple Ave, Memphis, TN 38127
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  $126,000

  • 3 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft

  644 Burdette Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 11/14/25

  

  Caleb Hall

  Keller Williams

  (901) 668-6109

  644 Burdette Ave, Memphis, TN 38127
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  $130,000

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

  518 Burlington Cir, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,176.00/mo. Professionally managed. Lease expires on 8/30/2025.

  

  Caleb Hall

  Keller Williams

  (901) 665-3175

  518 Burlington Cir, Memphis, TN 38127
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  $105,000

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

  2941 Carrington Rd, Memphis, TN 38114

  This excellent, recently updated bungalow is centrally located! The roof, central HVAC, flooring, and paint were all updated in 2021. This tenant-occupied investment opportunity is near the University of Memphis and is within walking distance to the University of Memphis Early Childhood Academy. DO NOT DISTURB TENANTS and no showings without an accepted offer. Cash-flowing and ready for a new

  

  Kristy Cannon

  Keller Williams

  (901) 675-6956

  2941 Carrington Rd, Memphis, TN 38114
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  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3460 Lamphier Ave, Memphis, TN 38122

  This completely renovated 3 bedroom 1 bathroom rental will make the perfect investment property. Tenant occupied current rent is $895. Please do not Disturb Tenant. No showings without an accepted offer. No wholesale offers or assignments.

  

  Kristy Cannon

  Keller Williams

  (901) 657-3935

  3460 Lamphier Ave, Memphis, TN 38122
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  $105,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1083 W Walthal Cir, Memphis, TN 38111

  Professionally managed. Rents for $1035. Architectural roof. Vinyl siding. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment offers.

  

  Kristy Cannon

  Keller Williams

  (901) 660-5028

  1083 W Walthal Cir, Memphis, TN 38111
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  $125,000

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

  2252 Devoy Ave, Memphis, TN 38108

  Build your investment portfolio. Great OWNER-OCCUPIED home marketed in a package with 3 other homes 1052 Seymour, 1058 Seymour, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB OWNER OCCUPANT. As Is Sell.

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 673-8165

  2252 Devoy Ave, Memphis, TN 38108
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  $145,000

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

  1052 Seymour St, Memphis, TN 38108

  Build your investment portfolio. Great OWNER-OCCUPIED home marketed in a package with 3 other homes 1058 Seymour, 2252 Devoy, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB OWNER OCCUPANT. As Is Sell.

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 627-3629

  1052 Seymour St, Memphis, TN 38108
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  $169,100

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

  4301 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6460

  4301 Riche Rd, Memphis, TN 38128
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  $178,000

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

  724 Mcconnell St, Memphis, TN 38112

  Investor Alert: This 3 bed / 2 bath home in the Overton Park Heights subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 660-4989

  724 Mcconnell St, Memphis, TN 38112
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  $181,900

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  887 Sumter St, Memphis, TN 38122

  Investor Alert: This 3 bed / 2 bath home in the Bomprezzi neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 716-8379

  887 Sumter St, Memphis, TN 38122
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  $183,800

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

  4864 Cloister Ave, Memphis, TN 38118

  Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 329-8300

  4864 Cloister Ave, Memphis, TN 38118
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  $100,000

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

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
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  $115,000

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

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  

  Harry Samuels

  Pinnacle Realty

  (901) 668-6924

  1797 Dupont Ave, Memphis, TN 38127
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  $100,000

  • 2 Beds
  • 1 Bath
  • 100+ Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  

  Harry Samuels

  Pinnacle Realty

  (901) 657-4105

  1862 Dupont Ave, Memphis, TN 38127
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  $145,000

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

  2381 Champaign St, Memphis, TN 38134

  Attention Investors: Your Next Project Awaits in Bartlett! This home in the desirable Bartlett Woods subdivision is a full rehab opportunity with serious upside. It needs work, no sugar-coating it—but the potential for profit is huge. ?? A similar home with only 3 bed, 2 bath at 2365 Champaign St sold recently for $272,000! This is your chance to bring this property back to life and capitalize

  

  Keino Spring

  Harris & Harris Realty Group

  (901) 621-7995

  2381 Champaign St, Memphis, TN 38134
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  $137,000

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

  2196 Ketchum Rd, Memphis, TN 38114

  You'll the privacy on this one, no neighbors right on top of you. Easy access to I240. 4 bedroom/2 full baths. New paint, windows, refinished floors, new AC will be installed at closing. Nice size home and lot for the money, cheaper than rent. It was leased at $1700/mo but you can own is for much less. Call for details.

  

  Scott Carrier

  Keller Williams

  (901) 675-6179

  2196 Ketchum Rd, Memphis, TN 38114
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  $115,000

  • 3 Beds
  • 1 Bath
  • 1,434 Sq Ft

  980 N Circle Rd, Memphis, TN 38127

  Charming One-Level Brick Home in Cedarwood Subdivision!Welcome to this well-maintained 3-bedroom, 1-bath home nestled in the quiet Cedarwood neighborhood of Northaven. Freshly painted throughout and move-in ready, this home offers the ease of single-level living with a spacious, functional layout.Enjoy two separate living areas—perfect for entertaining or relaxing—and a dedicated

  

  Amy McLemore

  Total Realty Source

  (901) 582-5761

  980 N Circle Rd, Memphis, TN 38127
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  $139,000

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

  4189 Chippewa Rd, Memphis, TN 38118

  Great opportunity in Memphis! This property has had recent renovations including updated flooring, fresh paint, and more. Functional layout with strong rental potential or a great option for a primary residence. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add this one to your portfolio or make it your own!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 446-3068

  4189 Chippewa Rd, Memphis, TN 38118
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  $189,000

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

  6080 Scarlet Leaf Dr, Memphis, TN 38141

  Adorable A FRAME! Vaulted smooth ceilings, new windows throughout, NEW ROOF! 3 bedrooms, 2 full baths that are fully renovated. Main bedroom has a sliding glass door to the fully fenced backyard. Lighting package with unique chandeliers, deep black farmhouse sink with marble granite countertops. New stainless-steel appliances. The home has been fully painted both inside and out. The driveway has

  

  Chasity Blackburn

  Blackburn & Co

  (901) 657-1966

  6080 Scarlet Leaf Dr, Memphis, TN 38141
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  $110,000

  • 1 Bed
  • 1 Bath
  • 100+ Sq Ft

  109 N Main St Unit 1202, Memphis, TN 38103

  Spacious Studio with brick accent wall, river view, walk in closet and large kitchen. Ready to make it yours!

  

  Sherry Harbur

  Harbur Realty

  (901) 621-4791

  109 N Main St Unit 1202, Memphis, TN 38103
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  $199,999

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

  754 Maria St, Memphis, TN 38122

  Wow! Great 4-BD, 2.5-BA in walking distance to Grahamwood Elementary and just around the corner from the thriving St. Michael’s community. Experience this freshly painted, with NO carpet, centrally located Memphis home—perfect for investors, first-time buyers, or families looking for great bones & spacious rooms. Enjoy playing ball or entertaining in this flat, fenced backyard, & sipping coffee

  April Bryan Bryan Realty Group

  754 Maria St, Memphis, TN 38122
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  $159,900

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

  4340 Lansford Dr, Memphis, TN 38128

  Lovely 3 bed 1.5 bath home in Raleigh with tons of upgrades and is in MOVE-IN CONDITION. Home has an OPEN FLOOR PLAN (Perfect for entertaining) plus attached 1 car garage! Property has new interior and exterior paint, huge exterior wood deck (plenty of space to grill, relax, and play), storage building, large backyard that is fully fenced (perfect for pets), updated bathrooms, and private

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4340 Lansford Dr, Memphis, TN 38128
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  $149,500

  • 3 Beds
  • 1.5 Baths
  • 1,412 Sq Ft

  3084 S Edgeware Rd, Memphis, TN 38118

  GREAT OPPORTUNITY to own an all-in-one level home, freshly painted, with new light fixtures, renovated bathrooms, 3 bedrooms, and 1.5 bathrooms. Spacious rooms feature a separate dining area, two living spaces, and an eat-in kitchen that will inspire your creativity with its effective use of space. Large backyard and a newly painted 2-car garage with extra storage. MUST SEE! To schedule a

  Momoko Imai Berkshire Hathaway HomeServices Woodmont Realty

  3084 S Edgeware Rd, Memphis, TN 38118
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  $185,900

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

  2048 Grovehaven Dr, Memphis, TN 38116

  Welcome to market this newly renovated charming ranch-style home in the Garden View subdivision of Whitehaven. The property offers 1400 sf of living space w/ 3 spacious bedrooms & 2 fully renovated bathrooms. Step inside to a bright & airy open-concept floorpan featuring vaulted ceilings w/ fresh neutral interior colors providing a blank canvas for any design style. Home is move in ready with new

  Raychel Day C21 Patterson & Assoc. Real Es

  2048 Grovehaven Dr, Memphis, TN 38116
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  $150,000

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

  668 Spring St, Memphis, TN 38112

  Charming home near the restaurants and shops of Broad Street! Come see what this adorable home has to offer. Tenants in place until 08/01/25. No showings without an accepted offer to minimize inconvenience. Thank you in advance for your patience!

  Jo Ann Langlois 901 Properties

  668 Spring St, Memphis, TN 38112
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  $185,000

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

  3675 Naylor Dr, Memphis, TN 38128

  Cute move in ready 3 bedroom home & home qualifies for a $10,000 down payment assistance grant! You will love the new flooring, fresh paint, new kitchen cabinets, amazing tile work, new HVAC, and large fenced back yard! Located off of Austin Peay & Yale, this home is convenient to the new Raleigh Civic center featuring the public library, skate park, walking trail, & pond. Great quiet location.

  Jan Jones Groome & Co.

  3675 Naylor Dr, Memphis, TN 38128
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  $157,800

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

  2496 Harvard Ave, Memphis, TN 38112

  Beautiful 2 bedrooms and 1 bath cottage style house for sale with immediate occupancy. Good location surrounded by new construction nearby. Covered front porch and fully fenced large backyard. Nice workshop in the backyard with built-in benches. 10 foot ceilings with ceilings fans in every room including kitchen and bath. Selling AS-IS, quick closing preferred. Proof of funds required with all

  Sam Hanks Broker South Realty

  2496 Harvard Ave, Memphis, TN 38112
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  $141,000

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

  920 Millers Bend Dr, Memphis, TN 38126

  Very cute home seconds away from Lemoyne Owens College. Fenced in front yard & very well kept. Extra Office space at the top of the stairs.

  Jason Wallace Keller Williams Realty

  920 Millers Bend Dr, Memphis, TN 38126
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  $144,900

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

  2729 Woodlawn Terrace, Memphis, TN 38127

  Beautiful 3-bedroom, 2-bath home offers modern living with classic charm. Enjoy a spacious open layout featuring wood flooring, fresh paint throughout, and stylish new light fixtures. The kitchen is updated with new countertops, cabinets, and stainless steel appliances, perfect for cooking and entertaining. Both bathrooms have been completely renovated with contemporary tile, vanities, and

  Fred Sengstacke KAIZEN Realty, LLC

  2729 Woodlawn Terrace, Memphis, TN 38127
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  $160,000

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

  1772 Euclid Ave, Memphis, TN 38114

  Fall in love with this beautifully updated 3-bedroom, 1-bath charmer just steps from the Historic District and Central Avenue! Whether you're a first-time homebuyer or a seasoned investor, this home offers the perfect blend of modern upgrades and timeless character. Spacious backyard perfect for entertaining. Nestled in a vibrant Memphis neighborhood, you'll enjoy easy access to shops, dining,

  Olena Chambers KAIZEN Realty, LLC

  1772 Euclid Ave, Memphis, TN 38114
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  /12

  $145,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4237 Fairmont Ave, Memphis, TN 38108

  This beautifully renovated 3-bedroom, 1-bath home is located right in the heart of Berclair. It boasts fresh paint inside and out, brand-new flooring throughout, and sleek granite countertops. The kitchen features a new gas stove, and the bathroom has a new vanity along with updated fixtures. Parking won’t be a problem with plenty of space, a detached garage, and an additional storage building. A

  Natasha McDaniel JASCO Realty

  4237 Fairmont Ave, Memphis, TN 38108
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  /2

  $145,000

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

  4876 Cottonwood Rd, Memphis, TN 38118

  Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  4876 Cottonwood Rd, Memphis, TN 38118
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  /11

  $139,900

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

  84 N Mclean Blvd, Memphis, TN 38104

  This charming home offers great bones and endless potential! With a little TLC and your personal touch, it could shine once again. A perfect opportunity for investors, flippers, or first-time buyers looking to build equity. With some updates and creativity, this property can truly shine. Sold as-is — bring your ideas and imagination!

  Javonne Grandison eXp Realty, LLC

  84 N Mclean Blvd, Memphis, TN 38104

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