Shelby County TN Homes under $200,000

• 

  

  

  /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
• 

  

  

  /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
• 

  

  

  /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
• 

  

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /22

  $112,000

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

  1662 Monsarrat St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025.. This property is professionally managed (lease, ledger, repair history available upon request). This property is leased until 4/11/26. Very good price for a 3

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
• 

  

  /8

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1493 Ragan St, Memphis, TN 38106

  This is a beautiful brick starter home for your family. Home features 2 bedrooms, living room dining room combo, updated bath, updated kitchen, large back yard, nice enclosed front porch, fenced back yard and single carport with storage space Home is sold "AS IS" Call Broker Bay for appointment

  Greta Jones KAIZEN Realty, LLC

  1493 Ragan St, Memphis, TN 38106
• 

  

  /11

  $120,000

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

  1557 Ontario Ave, Memphis, TN 38127

  Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC.

  Ellecia Hayes Keller Williams

  1557 Ontario Ave, Memphis, TN 38127
• 

  

  /16

  $126,900

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

  1601 Semmes St, Memphis, TN 38114

  Fully renovated 2-bedroom, 1-bath home featuring a brand-new roof, HVAC system, and hot water tank. The kitchen has been completely updated with modern finishes, and the bathroom is fully renovated with fresh, clean design. Beautiful hardwood floors run throughout the entire home, adding warmth and character. Freshly painted inside and out, this home is move-in ready and offers a clean, modern

  Fred Sengstacke KAIZEN Realty, LLC

  1601 Semmes St, Memphis, TN 38114
• 

  

  /11

  $132,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1727 Merrycrest Dr, Memphis, TN 38111

  East Memphis Gem! This beautifully renovated 3 bedroom, 1 bathroom home in the University District offers the perfect blend of charm and modern updates. Inside you'll find new flooring throughout, a totally renovated kitchen with stone countertops, updated cabinets, and new stainless steel appliances. The bathroom has also been fully redone with modern fixtures and finishes. Just minutes from the

  Joshua Moss KAIZEN Realty, LLC

  1727 Merrycrest Dr, Memphis, TN 38111
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  /9

  $120,000

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

  331 Honduras Rd, Memphis, TN 38109

  This awesome 3-bedroom home has been renovated and is ready for move-in. This property has a new roof and new HVAC. It is a 3-bedroom 1 bath home with a renovated kitchen and bathroom. The house features hardwood flooring throughout and tile flooring in the kitchen and bathroom.

  Sherita McCray Assured Real Estate Services

  331 Honduras Rd, Memphis, TN 38109
• 

  

  /11

  $124,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  518 Jenson Rd, Memphis, TN 38109

  "Now $124,000! Affordable and move-in ready! Seller will pay up to $5,000 of your closing costs. Schedule your tour before it’s gone!" Nestled in the charming White Haven-Coro Lake neighborhood, this beautifully updated single-family home blends mid-century character with modern comforts. Completely refreshed with fresh finishes and stylish updates, it’s ready to welcome its next homeowner. Key

  Tina Smith PottersHouse Realty, LLC

  518 Jenson Rd, Memphis, TN 38109
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  /27

  $155,000

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

  1454 Railton Rd, Memphis, TN 38111

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1454 Railton Rd, Memphis, TN 38111
• 

  

  /13

  $159,900

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

  5128 Jessie Lee Ln, Memphis, TN 38118

  Step into this beautifully maintained and thoughtfully updated 3-bedroom, 2-bathroom home nestled in a peaceful, tree-lined neighborhood. With recent upgrades this home blends classic comfort with modern functionality — perfect for a first-time homebuyer, a small family, or an investor looking for a turnkey rental. Roof replaced (2020) — peace of mind for years to come! Energy-efficient windows

  John Payne BEST Real Estate Company

  5128 Jessie Lee Ln, Memphis, TN 38118
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  /2

  $170,000

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

  2776 Iroquois Rd, Memphis, TN 38111

  Cute 3 BR., 1 BA., den addition, detached garage, wrought iron security gate. Great for rental income or investment property. Property is being sold "As is" by the seller.

  John Garza Keller Williams

  2776 Iroquois Rd, Memphis, TN 38111
• 

  

  /22

  $190,000

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

  569 Lundee St, Memphis, TN 38111

  Charming cottage with modern updates & timeless appeal! Step into this beautifully remodeled cottage-style home that perfectly blends classic charm w/ contemporary comfort. From its inviting front porch to the 9-foot ceilings & original door moldings, this home exudes warmth & character at every turn. Inside, you'll find sun-drenched lit rooms, neutral walls, & stunning wood flooring featuring

  James Harvey Jr Keller Williams

  569 Lundee St, Memphis, TN 38111
• 

  

  /25

  $119,900

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

  3292 Stella St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,150/month. The lease ends on 10/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3292 Stella St, Memphis, TN 38127
• 

  

  /17

  $129,000

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

  4392 Society Rd, Arlington, TN 38002

  Find your oasis in this lovely County Gem! This Ranch Style manufactured home is not short on space or comfort. There are 3 bedrooms, 2 baths, spacious kitchen with breakfast bar, large great room and a sunroom with a tranquil view of the backyard. Schedule your appointment today!

  Brenda Allen Leaving A Legacy Realty, LLC

  4392 Society Rd, Arlington, TN 38002
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  /2

  $104,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1872 Portland Ave, Memphis, TN 38127

  Tenant Occupied Investment Opportunity~Tenant Occupied with Current Lease Through 9/30/25 for $975~Property Renovated in 2020~Renovations Included New Furnace & New Central AC~Property Currently Professionally Managed by Local PM Company~Please Do Not Disturb Tenant~No Showings Without Accepted Offer~Write Offer Contingent on Viewing/Inspections

  Jennifer Carstensen Real Estate Agency

  1872 Portland Ave, Memphis, TN 38127
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  /27

  $194,900

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  655 S Riverside Dr Unit 205A, Memphis, TN 38103

  Watch the sunset from your balcony in this charming condo that features kitchen with breakfast bar, granite counter tops, SS appliances, laundry closet. This HOA fee includes all your utilities. 24 hour concierge. Guard service. 1 gated secured parking space # 27, pool, wonderful club room. Just steps to the river. You will love it!

  Richard Travers Crye-Leike, Inc., REALTORS

  655 S Riverside Dr Unit 205A, Memphis, TN 38103
• 

  

  /23

  $200,000

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

  736 Walnut Woods Cove N, Cordova, TN 38018

  Charming end-unit townhouse with 2 bedrooms, 2 bathrooms, and a spacious loft. The open living area features vaulted ceilings, fireplace and abundant natural light. The kitchen connects seamlessly to the living space, perfect for entertaining. Downstairs also offers a comfortable bedroom with attached shared bathroom, ideal for guests or a home office. Upstairs, the primary suite includes wood

  Donnie Morrow eXp Realty, LLC

  736 Walnut Woods Cove N, Cordova, TN 38018
• 

  

  /14

  $159,900

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

  4080 Northbridge Ave, Memphis, TN 38118

  Beautifully updated 3-bed, 1.5-bath home in Parkway Village! Features fresh paint, blinds, ceiling fans, updated kitchen with upgraded countertops, and modern plumbing fixtures. Exterior enhancements include fencing, mailbox, and landscaping. AC recently installed, wood vinyl plank flooring, and carpet. Roof replaced in 2019. Move-in ready with great curb appeal—don’t miss out on this fantastic

  Thomas Zettergren Premier Realty Group, LLC

  4080 Northbridge Ave, Memphis, TN 38118
• 

  

  /5

  $159,900

  • 4 Beds
  • 1 Bath
  • 2,315 Sq Ft

  997 S Willett St, Memphis, TN 38114

  Discover this fully updated duplex featuring a spacious 4-bedroom, 1-bath unit downstairs and a 3-bedroom, 1-bath unit upstairs. Enjoy fresh paint, new LVP flooring, individual mini split HVAC units in each room, all nestled in a charming neighborhood!

  Matt Mitchell Reid, REALTORS

  997 S Willett St, Memphis, TN 38114
• 

  

  /22

  $154,000

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

  730 Maury St, Memphis, TN 38107

  Solid 2 bedroom Brick home on great street. INVESTORS! Add this to your investment portfolio . Or, perfect for renovation and resale! Central heat & window units. Walk up attic. Newer kitchen & bath updates. Beautiful hardwood floors. Laundry area. Great front porch. Walk to the Greenline, Eclectic cafe , Crosstown and Overton Park and zoo. Cash " as is" only, please!

  Becca Dickerson Sowell, Realtors

  730 Maury St, Memphis, TN 38107
• 

  

  /13

  $134,900

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

  3026 Dearing Rd, Memphis, TN 38118

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Mark Hart Reedy & Company, REALTORS

  3026 Dearing Rd, Memphis, TN 38118
• 

  

  /17

  $139,900

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

  5686 Quince Rd Unit 3, Memphis, TN 38119

  Low Maintenance Living in a Convenient Location! Townhome has been updated with a Beautiful Bathroom ~ Fresh Paint ~ Open Kitchen with White Cabinets and Granite Tops ~ New Hard Surface Floors ~ Enjoy the Community Pool and Courtyard ~ Half Bath Down ~ Ready to Occupy!

  Taj Schuerman Keller Williams Realty

  5686 Quince Rd Unit 3, Memphis, TN 38119
• 

  

  /20

  $110,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2343 Zanone Ave, Memphis, TN 38114

  Beautifully renovated 2 bedroom, 1 bath home, boasts new vinyl windows, new LVP flooring, brand new appliances, kitchen cabinets and countertops! New roof, new plumbing, electrical, central heat and air system and hot water tank make this home just like new! Plus a newly fenced backyard and new driveway! This home will qualify for 100% financing with no PMI. Plus, a government grant up to $6000.

  Brandon Ackerman Keller Williams

  2343 Zanone Ave, Memphis, TN 38114
• 

  

  /19

  $169,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  765 Shotwell St, Memphis, TN 38111

  Charming 2-bedroom, 1-bath home just behind the University of Memphis—perfect for a starter home or investment property! Enjoy low-maintenance vinyl siding, an updated kitchen with painted cabinets, range, and dishwasher, plus a stack washer/dryer unit. Hardwood floors in both bedrooms with laminate throughout the rest of the home. Detached 1-car garage with a covered patio overlooks a spacious

  Gary Walls Crye-Leike, Inc., REALTORS

  765 Shotwell St, Memphis, TN 38111
• 

  

  /22

  $155,000

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

  1539 Eason Ave, Memphis, TN 38116

  Charming 3-bedroom, 1.5-bath home nestled in the desirable Whitehaven neighborhood. This cozy residence features hardwood floors, a spacious layout, and a detached garage, perfect for comfortable living. Conveniently located near Graceland, shopping, and dining, it offers easy access to major highways and local amenities. Ideal for first-time buyers or investors looking for a great opportunity in

  Elizabeth Marino Ware Jones, REALTORS

  1539 Eason Ave, Memphis, TN 38116
• 

  

  /25

  $184,900

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

  5694 Fenway Dr, Memphis, TN 38141

  Fully updated 3 bed, 2 bath home, completely move-in ready! Professional landscaped, a large detached storage shed for storage, and a fenced backyard are some of the many features this property includes. Inside, you'll find fully renovated bathrooms, an updated kitchen with stainless steel appliances, new flooring throughout, and fresh paint. There's also a spacious laundry room and an additional

  Juan Torres Fast Track Realty, LLC

  5694 Fenway Dr, Memphis, TN 38141
• 

  

  /12

  $159,900

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

  194 Golf Club Cir, Memphis, TN 38109

  Beautifully updated 3-bedroom, 1.5-bath home that’s completely move-in or rent ready, featuring modern finishes throughout and a spacious backyard perfect for hosting. Includes a 2-car garage and stylish updates inside and out—don’t miss this turnkey gem!

  Matt Mitchell Reid, REALTORS

  194 Golf Club Cir, Memphis, TN 38109
• 

  

  /11

  $125,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  2727 Dunn Ave, Memphis, TN 38114

  Fully Renovated Beauty, Welcome to your dream home! This stunning property has been completely renovated from top to bottom, blending modern elegance with timeless charm. Every detail has been thoughtfully upgraded — from brand new flooring and fresh paint throughout, to a fully updated kitchen featuring new countertops, custom cabinetry. The open-concept layout creates a warm and inviting

  Andres Zuluaga Coldwell Banker Collins-Maury

  2727 Dunn Ave, Memphis, TN 38114
• 

  

  /14

  $149,900

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

  774 Bey St, Memphis, TN 38114

  Turnkey Investment Opportunity – Tenant Already in Place! Price Improvement Attention investors! This beautifully updated 3-bedroom, 2-bath home in the heart of Orange Mound is rent-ready and already generating income. With a reliable tenant in place paying $1,300/month, this property offers instant cash flow from day one—making it the perfect addition to your rental portfolio or a great first

  Alisha Gigger Keller Williams

  774 Bey St, Memphis, TN 38114
• 

  

  /20

  $170,000

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

  778 N Montgomery St, Memphis, TN 38107

  This newly renovated gem is 7 minutes from downtown and 7 minutes from midtown. It comes completed renovated with new roof, HVAC and water heater. Property has passed all code enforcement inpsections. Please note that there maybe an extended contract period for FHA Loans. Near the Northside High project meant to generate value to the area. Home next door refinanced for $195k. Priced to sell.

  Jerry Duckett eXp Realty, LLC

  778 N Montgomery St, Memphis, TN 38107
• 

  

  /32

  $125,000

  • 5 Beds
  • 18,098 Sq Ft

  3205 E Shirley Cir, Memphis, TN 38127

  Vacant Tri-Plex now available. Both 1br 1ba units are rent ready. The 3br unit needs renovated. Vacant, easy to show! Selling As-Is. No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  3205 E Shirley Cir, Memphis, TN 38127
• 

  

  /33

  $199,900

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

  2105 Grovehaven Dr, Memphis, TN 38116

  This 3-bedroom, 2-bath home in Whitehaven, near the Memphis Airport, offers a great opportunity for homeowners or investors. With a spacious layout, it features a comfortable living area, a well-equipped kitchen, and a primary suite for privacy. The detached 2-car garage provides ample storage, parking, or workshop space. The backyard is perfect for outdoor gatherings or relaxation. Conveniently

  Fred Sengstacke KAIZEN Realty, LLC

  2105 Grovehaven Dr, Memphis, TN 38116
• 

  

  /11

  $165,000

  • 2 Beds
  • 1 Bath
  • 2,448 Sq Ft

  3402 Dungreen St, Memphis, TN 38118

  Excellent investment opportunity! This partially occupied duplex features 2 bedrooms and 1 bath on each side, offering consistent cash flow from day one. Tenants are in place with room for potential rent increases. Property is being sold as-is —ideal for investors looking to add value with light updates or long-term holds. Located on a quiet street in Memphis with easy access to schools,

  Petra Walker KAIZEN Realty, LLC

  3402 Dungreen St, Memphis, TN 38118

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