Shelby County TN Homes under $200,000

• 

  

  

  /3

  $145,000

  • Land

  8599 Geiberger Dr, Memphis, TN 38016

  *** There are very few Golf Course lots available in Memphis and we have 2 for sale*** Come to the beautiful new gated community on the famous picturesque Colonial Country Club, the home of a nationally recognized 18-hole championship course that hosted more than 30 PGA events and crowned great golfers such as Jack Nicklaus, Gary Player and Lee Trevino. These stunning lots directly back up to #1

  

  Anna Thomas

  Keller Williams

  (901) 675-7130

  8599 Geiberger Dr, Memphis, TN 38016
• 

  

  

  /19

  $120,000

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

  1100 Rozelle St, Memphis, TN 38106

  Tenant in place at $995 until 12/26/26. This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances,

  

  Caleb Hall

  Keller Williams

  (901) 445-8139

  1100 Rozelle St, Memphis, TN 38106
• 

  

  

  /3

  $175,000

  • Land
  • 2.42 Acres
  • $72,314 per Acre

  3989 Canada Rd, Lakeland, TN 38002

  Adding to the allure of this prime location are the recently completed Lakeland High School and Lakeland Commons projects, further enhancing the area's appeal and solidifying its status as a desirable destination for families, professionals, and investors alike.

  

  Charlene Bailey

  Bespoke Realty

  (901) 621-4569

  3989 Canada Rd, Lakeland, TN 38002
• 

  

  /2

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,415 Sq Ft

  4432 Sunny View Dr, Memphis, TN 38127

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,556/month & the lease ends on 11/30/2026. Section 8 tenant. MHA pays 100% of tenant rent. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3014 Spottswood Ave 38111. The seller can sell the properties as a

  

  Jordan Ray

  eXp Realty, LLC

  (901) 668-5443

  4432 Sunny View Dr, Memphis, TN 38127
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  /2

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,708 Sq Ft

  2381 Hillside Ave, Memphis, TN 38127

  Move-in ready 4-bedroom, 1.5-bath home offering approximately 1,700 square feet of living space on a spacious 0.33-acre lot. This property features a functional floor plan with generously sized bedrooms and comfortable living areas, making it ideal for both homeowners and investors. The home includes a large yard with plenty of space for outdoor activities, along with convenient covered parking.

  

  Caleb Hall

  Keller Williams

  (901) 698-3192

  2381 Hillside Ave, Memphis, TN 38127
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  /2

  $169,000

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

  873 Biggs St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1000 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 403-7656

  873 Biggs St, Memphis, TN 38108
• 

  /2

  $150,290

  • 2 Beds
  • 2 Baths
  • 1,295 Sq Ft

  3275 Macon Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 780-7208

  3275 Macon Rd, Memphis, TN 38122
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  /2

  $125,020

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  3734 Townes Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 589-5113

  3734 Townes Ave, Memphis, TN 38122
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  /2

  $159,000

  • 3 Beds
  • 1 Bath
  • 1,344 Sq Ft

  683 Hudson St, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 716-7547

  683 Hudson St, Memphis, TN 38112
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  /2

  $179,550

  • 3 Beds
  • 1 Bath
  • 1,548 Sq Ft

  3570 Faxon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $980 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 660-8845

  3570 Faxon Ave, Memphis, TN 38122
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  /2

  $125,000

  • 2 Beds
  • 1 Bath
  • 940 Sq Ft

  724 N Holmes St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $975 with a lease expiration of 12/31/2026. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 657-6446

  724 N Holmes St, Memphis, TN 38122
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  /2

  $159,000

  • 3 Beds
  • 1.5 Baths
  • 1,001 Sq Ft

  1481 Stacey St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $860 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 621-4629

  1481 Stacey St, Memphis, TN 38108
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  /2

  $149,000

  • 3 Beds
  • 1 Bath
  • 1,031 Sq Ft

  3601 Mayfair Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 716-9084

  3601 Mayfair Ave, Memphis, TN 38122
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  /2

  $145,000

  • 3 Beds
  • 1 Bath
  • 921 Sq Ft

  1327 Victor Dr, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,100 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 660-3625

  1327 Victor Dr, Memphis, TN 38122
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  /2

  $135,000

  • 2 Beds
  • 1 Bath
  • 956 Sq Ft

  3084 Guernsey Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 403-7172

  3084 Guernsey Ave, Memphis, TN 38112
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  /2

  $166,250

  • 3 Beds
  • 1 Bath
  • 1,172 Sq Ft

  4058 Ward Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $825 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 621-5452

  4058 Ward Ave, Memphis, TN 38108
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  /2

  $184,870

  • 2 Beds
  • 2 Baths
  • 1,353 Sq Ft

  1033 N Highland St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,250 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 668-8480

  1033 N Highland St, Memphis, TN 38122
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  /2

  $144,000

  • 2 Beds
  • 1 Bath
  • 1,244 Sq Ft

  3358 Coleman Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $800 a month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 657-1478

  3358 Coleman Ave, Memphis, TN 38122
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  /2

  $129,000

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  1799 Walter St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $850 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 445-7877

  1799 Walter St, Memphis, TN 38108
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  /2

  $105,900

  • 4 Beds
  • 1 Bath
  • 1,293 Sq Ft

  599 Huron Ave, Memphis, TN 38107

  Do Not Disturb. This property is occupied. Perfect for an investor!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 673-2874

  599 Huron Ave, Memphis, TN 38107
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  /2

  $104,990

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  916 Carrolton Ave, Memphis, TN 38127

  Do not disturb tenant! Home currently under two year lease. Perfect investment property with solid tenant!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 445-8464

  916 Carrolton Ave, Memphis, TN 38127
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  /2

  $114,380

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  452 Lipford St, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $775 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 472-7059

  452 Lipford St, Memphis, TN 38112
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  /2

  $148,960

  • 2 Beds
  • 1 Bath
  • 791 Sq Ft

  886 N Bingham St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,050 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 582-6433

  886 N Bingham St, Memphis, TN 38108
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  /15

  $185,000 New Construction

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

  351 Edith Ave, Memphis, TN 38126

  Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 676-6721

  351 Edith Ave, Memphis, TN 38126
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  /9

  $199,955 New Construction

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

  1055 Shaw Place, Memphis, TN 38126

  Qualified buyers may receive up to $25,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and concrete

  

  Charlene Bailey

  Bespoke Realty

  (901) 883-5210

  1055 Shaw Place, Memphis, TN 38126
• 

  /2

  $199,955 New Construction

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

  1067 Shaw Place, Memphis, TN 38126

  Welcome to Shaw Place Development—a new residential community in South Memphis . Located directly across from LeMoyne-Owen College and just minutes from the Stax Museum and The Soulsville Charter School, this community blends affordable luxury with modern elegance. There is still time to select your lot and customize your finishes. Whether you're a first-time homebuyer or looking to downsize

  

  Charlene Bailey

  Bespoke Realty

  (901) 910-1238

  1067 Shaw Place, Memphis, TN 38126
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  /4

  $150,000 New Construction

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

  2440 Sparks St, Memphis, TN 38106

  Step into this beautifully crafted new construction home, designed with quality, comfort, and affordability in mind. Offering three spacious bedrooms and two modern baths, this home features a bright open-concept layout with vaulted ceilings, luxury vinyl plank flooring, and a stunning kitchen complete with brand-new stainless-steel appliances—refrigerator included! Enjoy meal prep on generous

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 668-5522

  2440 Sparks St, Memphis, TN 38106
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  /11

  $140,000

  • 3 Beds
  • 2.5 Baths

  1419 Worthington St, Memphis, TN 38114

  Great opportunity! Featuring: Beautiful curb appeal, Living/Dining Combo, Huge Den, 3 bedroom, 3 full baths, Huge Backyard. Solid bones-perfect for investors or buyers ready to add personal touches. Ideal for cash buyers, or possible conventional financing. AS-IS sale, tons of potential to make it your own or Investment. Easy to show!Copyright © 2026 Memphis Area Association of

  Darlene Butler The Peyton Co., Inc., REALTORS

  1419 Worthington St, Memphis, TN 38114
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  /11

  $199,000

  • Land
  • 17 Acres
  • $11,706 per Acre

  0 Chambers Rd, Millington, TN 38053

  Millington and the surrounding area continue to see steady growth, making this an increasingly appealing place to buy land for building, recreation, or long-term investment. These 5–17 acre tracts offer a balance of space, privacy, and practicality that’s becoming harder to find near expanding communities. Each lot has water and electricity available at the road, removing two of the biggest

  Ryan Murphy The Wings Group, LLC

  0 Chambers Rd, Millington, TN 38053
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  /26

  $189,900

  • Land
  • 27.73 Acres
  • $6,848 per Acre

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109

  Memphis, TN, Shelby Co., 27 +/- acres, $189,900! Beautiful wooded acreage on Horne Lake Road! Preserved by a conservation easement! Perfect natural estate to build your dream home! Call or email Mike Newsome for details.

  Mike Newsome U S Land & Farms, LLC

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109
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  /3

  $130,000

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

  LOT 42 Monterey Mills Cove N, Unincorporated, TN 38017

  This is one of the last lots remaining in Monterey Farms. It has a water feature in front with an elevated home site in the back. The owner has all entitlements, including septic approval, perk test, 95% complete custom home plans that can be included with the purchase. Short drive around the corner to Spring Creek Ranch golf course.

  Chris Neely Harris Realty Services

  LOT 42 Monterey Mills Cove N, Unincorporated, TN 38017
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  /14

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,317 Sq Ft

  1664 Nelson Ave, Memphis, TN 38114

  Located in the vibrant Cooper-Young area, this charming 3-bedroom, 2-bath home sits on a corner lot directly across from a park, offering both character and convenience in one of Memphis’ most sought-after and growing communities. This home features a welcoming wrap-around porch, perfect for relaxing and enjoying the neighborhood atmosphere. Inside, you’ll find a living room, formal dining room,

  Ben Strauch Skyline Realty

  1664 Nelson Ave, Memphis, TN 38114
• 

  

  /15

  $109,900

  • 2 Beds
  • 1 Bath
  • 808 Sq Ft

  1443 Wrenwood St, Memphis, TN 38122

  Move-in ready 2 bed, 1 bath home located in the Nutbush area of Memphis. This well-maintained property features easy maintenance with LVP flooring and some recent updates throughout, offering a functional layout and comfortable living spaces. Enjoy a nice, flat yard with ample space for outdoor activities and entertaining. Ideal opportunity for investors or owner-occupants, including first-time

  Michael Valenza eXp Realty, LLC

  1443 Wrenwood St, Memphis, TN 38122
• 

  

  /23

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,272 Sq Ft

  2888 Midland Ave, Memphis, TN 38111

  Adorably cute 3 bed, 2 bath brick cottage on a quiet street near Chickasaw Gardens! Spacious living room, separate dining room, and updated kitchen complete with gas cooking, built in appliances, tons of cabinet storage and separate breakfast room. Split bedroom plan. 2 beds share updated bath and primary bedroom has private ensuite. Hardwood floors throughout. Smooth ceilings. Refrigerator &

  Shannan McWaters The Firm

  2888 Midland Ave, Memphis, TN 38111
• 

  

  /40

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,275 Sq Ft

  4100 Cliffdale St, Memphis, TN 38127

  Turnkey investment opportunity in the heart of 38127! This tenant-occupied 3-bedroom, 1.5-bath home offers immediate cash flow with a current rental rate of $1,050/month. Featuring a functional layout and a convenient carport, this property is ideal for investors looking to expand their portfolio with a performing asset. Located in a stable rental area with consistent demand, this home provides

  Caleb Parr Renshaw Company, REALTORS

  4100 Cliffdale St, Memphis, TN 38127
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  /34

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,463 Sq Ft

  3251 Aden St, Memphis, TN 38127

  Welcome to this inviting 3-bedroom, 1-bathroom traditional home located in the established Frayser community. This property offers a practical layout with a spacious living room that flows into a dedicated dining area, perfect for family gatherings. The interior features neutral tones and durable flooring throughout, providing a move-in-ready canvas for its next owner.

  Tiffany Jones Trelora Realty

  3251 Aden St, Memphis, TN 38127
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  /31

  $194,000

  • 3 Beds
  • 1 Bath
  • 1,559 Sq Ft

  4553 Boyce Rd, Memphis, TN 38117

  Beautifully maintained 3 bedroom, 1 bath home in the desirable Colonial Acres neighborhood, offering convenient access to all Memphis has to offer. Inside, you’ll find a warm and inviting layout with great natural light and hardwood floors throughout much of the home. A spacious dining room and additional sitting area provide flexible living space. The large den features terrazzo floors, custom

  Peyton Timm The Firm

  4553 Boyce Rd, Memphis, TN 38117
• 

  

  /14

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,491 Sq Ft

  6362 Martinwood Dr, Millington, TN 38053

  Located near the Naval Support Activity Mid-South in the growing city of Millington, this 3-bedroom, 2-bath home offers great potential for investors or buyers looking to renovate and make it their own. The home features a separate living room and a den/bonus room, providing multiple living spaces and flexibility. The eat-in kitchen offers room for casual dining, while the covered patio and front

  Ben Strauch Skyline Realty

  6362 Martinwood Dr, Millington, TN 38053
• 

  

  /16

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,460 Sq Ft

  5279 Patrick Henry Dr, Memphis, TN 38134

  Don’t miss this charming home at 5279 Patrick Henry! Featuring separate living and dining areas with a cozy fireplace, this home is perfect for entertaining guests. Recent updates include a fully installed HVAC system and a new roof (2024), offering peace of mind for years to come. Additional highlights include an attached two-car garage and a spacious backyard ideal for relaxing or outdoor

  Telisa Carroll-Sanders Keller Williams

  5279 Patrick Henry Dr, Memphis, TN 38134
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  /28

  $134,000

  • 2 Beds
  • 1.5 Baths
  • 1,088 Sq Ft

  5718 Quince Rd Unit 10, Memphis, TN 38119

  Move-in ready & beautifully updated 2 BR, 1.5 BA condo in the heart of East Memphis! Fresh paint throughout, NEW Scotch guard carpet w/premium pad, & LVT flooring in kitchen & upstairs bath. Kitchen features NEW Bosch whisper-quiet dishwasher, side-by-side fridge w/ ice & water, cooktop oven, & NEW high-capacity water heater. NEW high-efficiency HVAC system (compressor & furnace), NEW window

  Tracie Benetz Emmett Baird Realty, LLC

  5718 Quince Rd Unit 10, Memphis, TN 38119

Showing Results 161 - 200, Page 5 of 18