Shelby County TN Homes under $200,000

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  /3

  $140,000

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

  5511 Emerald Hills Dr, Memphis, TN 38115

  Cashflowing investment property with new roof and some systems update. Tenant in place (Do not disturb). This 3-bedroom, 2-bathroom, 1,200 square foot home offers a strong opportunity for both new and experienced investors. The property is tenant-occupied and generating rental income of over $1,100 per month. Please do not disturb the tenant. Recent updates include a new roof and improvements

  Terrance Hill eXp Realty, LLC

  5511 Emerald Hills Dr, Memphis, TN 38115
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  /14

  $130,000

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

  1578 Kansas St, Memphis, TN 38109

  Investors don’t miss this charming home that blends comfort, convenience, and value! Step into the enclosed front screen porch—perfect for relaxing year-round. Inside, you’ll find three spacious bedrooms and two full bathrooms, along with beautiful hardwood flooring throughout. The home features a brand-new HVAC unit and new vinyl windows, offering energy efficiency and peace of mind. Enjoy the

  Area Mays KAIZEN Realty, LLC

  1578 Kansas St, Memphis, TN 38109
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  /24

  $185,000

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

  295 W Central Park St Unit 4, Memphis, TN 38111

  Cute 2 Bedroom, 2 bathroom condo located in Central Park Condos. A quiet condo complex located in East Memphis. As you enter you are welcomed by beautiful parquet wood floors and oversized window that offers an abundance of natural light. There is an open flow from the living area to the formal dining area. The 2 bedrooms ( 1 en suite ) are spacious. The kitchen has all appliances and laundry

  Billy Rodgers Crye-Leike, Inc., REALTORS

  295 W Central Park St Unit 4, Memphis, TN 38111
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  /4

  $130,000

  • 2 Beds
  • 1 Bath
  • 1,276 Sq Ft

  2859 Nathan Ave, Memphis, TN 38112

  UNDER CONTRACT! Cash flowing duplex in Binghamption with each side rented for $800/months! Currently there’s no central hvac so there’s room to add value. Lots of development in the area as well as ample shopping and dining options! Can be packaged with another cash flowing duplex close by! Please don’t disturbs tenants and make all offers contingent upon inspection.

  Duane Kinnard Tri-Leake Realty

  2859 Nathan Ave, Memphis, TN 38112
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  /2

  $110,000

  • Land
  • 2.03 Acres
  • $54,187 per Acre

  1734 Mt Pisgah Rd, Unincorporated, TN 38016

  This is the perfect site to build your next home. 2.03 acres of land in Shelby County. This land is ideal for someone desiring to build in an area nestled in nature, but not too far of a drive for major necessities of life. This land is priced to sell. Don't miss out on this opportunity.

  Ana Dohogne KAIZEN Realty, LLC

  1734 Mt Pisgah Rd, Unincorporated, TN 38016
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  /27

  $199,900

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

  1477 Lyndale Ave, Memphis, TN 38107

  Don't miss this historic beauty renovated to perfection! This home boasts an open floor plan with all elements tastefully updated. The renovations include a brand new roof, upgraded plumbing, HVAC system, tankless hot water tank, and stunning butcher block countertops complemented by a farmhouse sink. The original hardwood floors add character and charm to the space. The bathroom has been

  Jonathan Minerick homecoin.com

  1477 Lyndale Ave, Memphis, TN 38107
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  /18

  $115,000

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

  1260 Greenwood St, Memphis, TN 38106

  Don’t miss out on this fantastic opportunity—perfect a savvy investors! This well-maintained home features three bedrooms, a dedicated dining room, and a spacious kitchen with washer and dryer connections. It also includes a detached garage, adding convenience and extra storage space. Recent upgrades have made this home truly move-in ready, including: Fresh paint throughout, a New electrical

  Area Mays KAIZEN Realty, LLC

  1260 Greenwood St, Memphis, TN 38106
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  /12

  $199,800

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

  4789 Judy Lynn Ave, Memphis, TN 38118

  COMPLETELY RENOVATED HOME. Brand new roof, brand new air conditioning condenser, BRAND NEW FULLY RENOVATED KITCHEN WITH NEW CABINETS AND GRANITE COUNTER TOPS. Brand new stainless steel gas range/oven, ventahood, dishwasher, and food disposal. All new light and plumbing fixtures throughout. Beautiful refinished hard wood floors and LVP vinyl Plank flooring. Storm windows, low maintenance vinyl

  William McKnett The Stamps Real Estate Company

  4789 Judy Lynn Ave, Memphis, TN 38118
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  /11

  $135,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3411 Rockwood Ave, Memphis, TN 38122

  This charming recently renovated home is now available for sale and is currently tenant-occupied, generating $1,200/month in rental income. The home features an updated bathroom, an electric stove, electric water heater, and a gas furnace—combining comfort with efficiency. The roof is only 4 years old, offering peace of mind for years to come. Whether you’re looking to grow your rental portfolio

  Kendrick Garcia Fast Track Realty, LLC

  3411 Rockwood Ave, Memphis, TN 38122
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  /25

  $170,000

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

  3976 Bernadine Dr, Memphis, TN 38116

  Good starter home in Graceland subdivision. Hardwood floors. Roof is approximately 5 years old. Relax in den and spacious living/dining room combo. Lovely wrought iron patio doors. Fenced yard. A must-see!!

  Cheryl Richmond Heritage Homes Co.

  3976 Bernadine Dr, Memphis, TN 38116
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  /11

  $175,000

  • 5 Beds
  • 3 Baths
  • 2,800+ Sq Ft

  3217 Joslyn St, Memphis, TN 38128

  PRICE IS FIRM. House needs work and improvements to be livable. Tremendous investment opportunity to flip home. Home features 5 bedrooms, eat in kitchen, separate dining room, covered 2 car carport, additional office room and bonus room/playroom. 3 full bathrooms. Quiet neighborhood and highly sought after location in Raleigh. Home has tremendous possibilities for an investor or renovator.

  Terry White Advantage Property Management

  3217 Joslyn St, Memphis, TN 38128
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  /26

  $159,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  5861 Park Ave, Memphis, TN 38119

  Welcome to this beautifully updated two-story condo in a well-kept, gated neighborhood centrally located in the heart of East Memphis. Inside, you'll find fresh renovations, newer windows, and a bright, open layout that feels like home the moment you walk in. Step outside to a private back patio—perfect for relaxing or entertaining. The neighborhood pool is directly across from the unit, making

  Pam Beall Crye-Leike, Inc., REALTORS

  5861 Park Ave, Memphis, TN 38119
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  /18

  $110,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  1630 Pillow St, Memphis, TN 38106

  Don't miss out on this beautifully renovated 3-bedroom, 2-bathroom home in the heart of South Memphis! Featuring modern upgrades throughout, spacious living areas, and a stylish kitchen, this home offers both comfort and convenience. Priced to sell--schedule your showing today before it's gone!

  Randell Richmond eXp Realty, LLC

  1630 Pillow St, Memphis, TN 38106
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  /37

  $184,900

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

  261 Gracewood St, Memphis, TN 38112

  Wonderful opportunity to own charming and move in ready rambler with unbeatable layout! This turnkey home has been updated to fit all your needs. Light and bright living room welcomes you to flowing floorplan, energy efficient ceiling fans and attractive tile work throughout. Kitchen features granite countertops, space saving pantry, and stainless steel appliances. Two sizeable bedrooms with

  Christopher Stjernholm Trelora Realty

  261 Gracewood St, Memphis, TN 38112
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  /26

  $165,000

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

  514 Haynes St, Memphis, TN 38111

  Wonderful 3BR/2BA Home w/Welcoming Front Porch Home near University of Memphis~Huge Living Room/Dining Room Combo w/Vaulted Wood Ceilings & Beams~Great Room w/Built-In Bookshelves~Spacious Eat-In Kitchen w/Tons of Cabinet & Countertop Space + SS Appliances~Large Primary Bedroom Suite w/Full Bath & Walk-In Closet~Two Additional Spacious Bedrooms + Full Bath~Laundry Room Off Kitchen~Wood Laminate

  Jennifer Carstensen Real Estate Agency

  514 Haynes St, Memphis, TN 38111
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  /24

  $199,900

  • 5 Beds
  • 4 Baths
  • 4,000+ Sq Ft

  1358 S Parkway Ave E, Memphis, TN 38104

  Beautiful, Classic and Spacious 1951 Brick home on three levels. Over 4000SF! Fenced Backyard. Central Heat and Air. Gorgeous lot! On a beautiful Boulevard street. Large Living/ Dining Rm combination with FP. Breakfast Room. Family Rm on main flr w/ FP. Incredible original kitchen and original MCM tiled bathrooms. Three fireplaces! Beautiful features, including Crown molding, original woodwork,

  Van Preston KAIZEN Realty, LLC

  1358 S Parkway Ave E, Memphis, TN 38104
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  /22

  $180,000

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

  3991 Kenosha Rd, Memphis, TN 38118

  Welcome to this beautifully renovated 3-bedroom, 2-bathroom home with a spacious backyard, perfect for enjoying outdoor gatherings and relaxation. Recently updated with fresh paint inside and out, this residence radiates a crisp, modern appeal. Inside, discover an inviting atmosphere with a thoughtfully redesigned interior that includes updated fixtures and finishes throughout. The open layout

  Cristian Amparan The Home Partners Realty

  3991 Kenosha Rd, Memphis, TN 38118
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  /37

  $179,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  548 N 6th St, Memphis, TN 38105

  Qualifies for $10k in free Down Payment Assistance grant!! This 3BR/2BA home was built in 1996 and fully renovated in 2025! Featuring new LVP flooring, quartz countertops, fixtures and stainless steel appliances! Enjoy all that Uptown has to offer—walk to St. Jude, downtown hotspots, and multiple breweries! Modern finishes and unbeatable walkability make this a perfect home or investment in a

  Bradford Long Keystone Realty, LLC

  548 N 6th St, Memphis, TN 38105
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  /9

  $117,250

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

  3430 Dobbin Ferry Ave, Memphis, TN 38118

  Welcome to 3430 Dobbin Ferry Ave, this home is located on a quiet street in Parkway Village and features 3 beds, 1bath, and offers approximately 1,005 square feet of living space! Could be perfect for a first time homeowner or a great additional to your rental portfolio. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $1095/month

  James Wachob Foundation Property Management

  3430 Dobbin Ferry Ave, Memphis, TN 38118
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  /11

  $117,400

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

  1553 Paullus Ave, Memphis, TN 38127

  Welcome to 1553 Paullus Ave, a cute 3-bedroom, 1.5-bath brick home perfect for a first time homeowner or a great additional to your rental portfolio. Don't miss this one!! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $925/month.

  James Wachob Foundation Property Management

  1553 Paullus Ave, Memphis, TN 38127
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  /18

  $139,900

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

  760 Whitney Ave, Memphis, TN 38127

  Look no further!!! This beautiful remodel is waiting on a family to come and call it home! This home features 3 bedrooms, 2 full baths, eat in kitchen, breakfast bar, and separate laundry room! This home has new floors, new bathrooms, renovated kitchen, and a modern finish! This home is one minute from I-40, 5 minutes from the new Frayser library and park! Seller will assist with buyers closing

  Joye Martin Miller Martin Realty

  760 Whitney Ave, Memphis, TN 38127
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  /20

  $199,900

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

  1749 Pomona Ave, Memphis, TN 38116

  Price improvement! This beautifully fully renovated 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and functionality. The modern kitchen features ample counter space and a seamless flow into the eat in kitchen area which can be a small den with the kitchen table. Retreat to the primary suite, complete with a private en-suite bathroom and generous closet space. Two

  Vashti Parson C21 Patterson & Assoc. Real Es

  1749 Pomona Ave, Memphis, TN 38116
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  /40

  $198,900

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

  405 Haynes St, Memphis, TN 38111

  Charming 3 bed, 2 bath home in the heart of 38111 offering approx. 1600 sqft of living space. This home features a spacious kitchen with ample counter space and all appliances included, refrigerator, washer, and dryer stay! The layout offers comfortable living and dining areas with great natural light and beautiful hardwood throughout. Step outside to enjoy an inviting sun deck, perfect for

  Cali Neal KAIZEN Realty, LLC

  405 Haynes St, Memphis, TN 38111
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  /2

  $125,000

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

  4093 Navaho Ave, Memphis, TN 38118

  Great investment opportunity. Currently rented for $850/month. Roof is roughly 12 years old and in good shape. All major systems and the roof are newer and in good condition. Tenant has excellent payment history. Freshly painted in 2024. Seller has also listed 3790 Mallory. We can schedule showings.

  Adam Underwood Crye-Leike, Inc., REALTORS

  4093 Navaho Ave, Memphis, TN 38118
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  /4

  $145,000

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

  1522 Frayser Blvd, Memphis, TN 38127

  Terrific investment opportunity! Tenant occupied, currently rented for $1395/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Five bedroom, two bathroom brick property with central heat and air. DO NOT APPROACH OR DISTURB TENANTS. NO INTERIOR ACCESS WITHOUT AN ACCEPTED OFFER.

  William Haynes Crye-Leike, Inc., REALTORS

  1522 Frayser Blvd, Memphis, TN 38127
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  /15

  $169,900

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

  5841 Park Ave Unit 2, Memphis, TN 38119

  Completely renovated and move-in ready, this stunning two-story condo in a gated East Memphis community combines modern updates with timeless charm. Step inside to a bright, open living area with brand-new flooring and contemporary finishes throughout. The updated kitchen is a showstopper—featuring all-new cabinetry, sleek countertops, and modern fixtures, perfect for the home chef or

  Michael Bryan Bryan Realty Group

  5841 Park Ave Unit 2, Memphis, TN 38119
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  /15

  $186,900

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

  1659 Red Barn Dr, Cordova, TN 38016

  Fully renovated and move-in ready! This 2 bed, 2 bath attached home in Cordova offers just over 1,100 square feet of stylish, low-maintenance living. You'll love the luxury vinyl flooring throughout, all-new modern light fixtures and ceiling fans, and beautifully updated bathrooms featuring new tile showers, vanities, and more. Enjoy your own private, fenced-in backyard—perfect for relaxing or

  Joshua Moss KAIZEN Realty, LLC

  1659 Red Barn Dr, Cordova, TN 38016
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  /25

  $165,000

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

  875 S Yates Rd Unit 4, Memphis, TN 38120

  This 3 bedroom condo is located in the gated community of Yates Village. Incredible central location and gated community. Great floor plan offers a living room, dining room, open kitchen to keeping room and also a private courtyard. There is a neighborhood pool to enjoy as well. Very quiet and private. All three bedrooms are located upstairs. Primary has super-sized closet. Carpet upstairs

  Carrie Benitone Ware Jones, REALTORS

  875 S Yates Rd Unit 4, Memphis, TN 38120
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  /10

  $122,500

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

  3035 Phyllis Ln, Memphis, TN 38118

  Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat in air. It is conveniently located in East

  William Haynes Crye-Leike, Inc., REALTORS

  3035 Phyllis Ln, Memphis, TN 38118
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  /24

  $200,000

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

  515 N Dunlap St, Memphis, TN 38105

  Adorable move-in ready bungalow in great location convenient to Downtown, Midtown and the Medical District! Ideal for owner-occupant or investor! Timeless features like real hardwood flooring, large windows and high ceilings! Kitchen features gas cooking and solid wood cabinets. Large fenced backyard is great for pets and hobbies. Two large bedrooms and a flex room that could be a third bedroom

  Lauren Waites Real Estate Agency

  515 N Dunlap St, Memphis, TN 38105
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  /11

  $115,000

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

  990 N Avalon St, Memphis, TN 38107

  Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

  Michael Bryan Bryan Realty Group

  990 N Avalon St, Memphis, TN 38107
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  /12

  $155,000

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

  1759 Walter St, Memphis, TN 38108

  Beautifully Updated 3 bedroom 2 bathroom home ready for a new home owner. This home features a 3 year old roof, 2 year old HVAC, updated kitchens and updated bathrooms! Don't let this one pass you by

  Marquis Jones KAIZEN Realty, LLC

  1759 Walter St, Memphis, TN 38108
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  /18

  $169,000

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

  1495 Bonnie Dr, Memphis, TN 38116

  Investor Special! Beautifully updated single-family home featuring 4 bedrooms and 1.5 baths. The primary bedroom includes a private half bath. Home sits on a spacious lot with large front and back yards, perfect for outdoor living. Covered carport provides convenient parking. Fully renovated interior with modern finishes throughout. Located in a quiet neighborhood directly across from Hillcrest

  Taylor Smith C21 Patterson & Assoc. Real Es

  1495 Bonnie Dr, Memphis, TN 38116
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  /10

  $125,000

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

  1499 Hamilton St, Memphis, TN 38114

  great property for first time buyer ready to go

  Izaac Merriweather Gold Star Real Estate

  1499 Hamilton St, Memphis, TN 38114
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  /10

  $144,900

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

  3816 Cedar Path Dr, Memphis, TN 38115

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  3816 Cedar Path Dr, Memphis, TN 38115
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  /6

  $120,000

  • Land
  • 13 Acres
  • $9,174 per Acre

  9728 Monasco Rd, Millington, TN 38053

  13 Acres mostly cleared with some woods- nice place up front for potential site to build a home. Soil Map (perc test) done if building a home is desired. A survey of property also done in past couple years. Much wildlife present including deer and turkey. Older but functional barn on property with 3 stalls also used to store round bales- can hold about 25 round bales. roughly a 40x60 barn. The

  Jason Wallace Keller Williams Realty

  9728 Monasco Rd, Millington, TN 38053
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  /26

  $145,000

  • 2 Beds
  • 1 Bath
  • 1,660 Sq Ft

  3172 Yale Ave, Memphis, TN 38112

  Investors only! Fully rented brick duplex that is 100% occupied. Roof is less than 5 years old. Property is professionally managed (lease, ledger, repair history available upon request). Addresses are 3172/ 3174 Yale and each unit is 2 bedrooms & 1 bathroom. Seller just completed $10K worth of rent ready repairs at 3174 Yale. Tenant occupied brick duplex. 3172 is rented for $650 per month and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3172 Yale Ave, Memphis, TN 38112
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  /6

  $105,000

  • 1 Bed
  • 1 Bath
  • 919 Sq Ft

  2606 Deadrick Ave, Memphis, TN 38114

  Investors only! Tenant occupied brick duplex that is 100% rented and being marketed to investors. Both sides are currently rented for $550/mo and $550/mo. ($1100 total rent). Each unit is 1 bedroom 1 bathroom and brick exterior. Many properties in this area are being rehabbed and sold for more money. Professionally managed (lease, ledger, repair history available upon request). Could possibly

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2606 Deadrick Ave, Memphis, TN 38114
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  /8

  $159,900

  • 2 Beds
  • 1 Bath
  • 1,715 Sq Ft

  3019 Carnes Ave, Memphis, TN 38111

  Amazing investment opportunity! Duplex with 2 bedrooms and 1 bathroom in each unit. Estimated rent is $950 per side for a total of $1900 a month in rent. Rehab has already been done and are move in ready. One side has a tenant that pays $950 a month but will vacate prior to closing. Located right across from My Cup of Tea. Selling as-is. Call to schedule your private showing.

  Elizabeth Castillo BEST Real Estate Company

  3019 Carnes Ave, Memphis, TN 38111
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  /27

  $195,000

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

  4338 Gardenview Dr, Memphis, TN 38116

  Step Into a Bright & Welcoming Formal Living Room and Formal Dining Room Filled with Natural Light~Spacious Great Room Features Built-In Shelving and Cozy, Freshly Painted Fireplace~Large Eat-In Kitchen Offering Abundant Cabinet and Counter Space for all Your Cooking Needs~Wonderful Primary Suite Includes a Walk-In Closet and Private En-Suite Bath~Two Additional Generously Sized Bedrooms Share a

  Jennifer Carstensen Real Estate Agency

  4338 Gardenview Dr, Memphis, TN 38116

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