Shelby County TN Homes under $200,000

• 

  

  

  /30

  $139,000

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

  759 Olympic St, Memphis, TN 38107

  Welcome to this inviting single-level ranch style home on generously sized lot! This charming 3-bedroom, 2-bathroom home offers thoughtfully designed move in ready living space or perfect turnkey investment property! Home features lovely hardwood flooring throughout, and Central Heat & Cooling, perfect for year round comfort. Situated in the historic Midtown area, this home offers easy access to

  Christopher Stjernholm Trelora Realty

  759 Olympic St, Memphis, TN 38107
• 

  

  

  /18

  $129,900

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

  3388 Lord Dunmore Cove, Memphis, TN 38134

  Well maintained 3 bed/2.5 bath condo in Bartlett! Pretty wood laminate floor in living areas ~ Main bedroom offers walk-in closet & full bath. Full hallbath. Huge attic space with attic pulldown. Private fenced patio.

  KC Lam Cordova Realty, Inc.

  3388 Lord Dunmore Cove, Memphis, TN 38134
• 

  

  

  /10

  $124,900

  • Land
  • 16 Acres
  • $8,037 per Acre

  0 St Paul Rd Unit 10199051, Unincorporated, TN 38053

  15.4 Acres of Land w/Mature Trees is waiting for you ! Close Proximity to Shelby Forest State Park, Restaurants, Shopping and Interstate Access ! Perfect for your New Home with Horse Stables or Equestrian Center or even a School ! Many many uses for this land, please see photos for Permitted Use Chart. Walk at your own risk, Seller has no knowledge of land and no liability.

  Jennifer Hattley Chamberwood Realty Group

  0 St Paul Rd Unit 10199051, Unincorporated, TN 38053
• 

  

  

  /22

  $199,900

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

  3459 Spottswood Ave, Memphis, TN 38111

  Large Home with Tall Ceilings and Extensive Molding ~ walking distance to U of Memphis ~ Recent Roof ~Low Maintenance Vinyl Siding ~ Fresh Paint ~ Hardwood Floors ~ Deep Lot ~ Deck ~ Separate Laundry~ Recent HVAC ~ Great for Homeownership or as a successful U of M rental

  Taj Schuerman Keller Williams Realty

  3459 Spottswood Ave, Memphis, TN 38111
• 

  

  

  /15

  $165,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  129 Talbot Ave Unit 102, Memphis, TN 38103

  Discover the charm of living in the vibrant South Main Arts District! Beautiful 2bed/1bath condo in the gated Residences of South Main offers an exceptional lifestyle in a prime location. Features assigned parking, landscaped courtyard, updated kitchen with granite, modern bath, exposed brick, fresh paint throughout, tile wood plank floors, and a new hot water heater. Enjoy the convenience of

  Jeffrey Smith JASCO Realty

  129 Talbot Ave Unit 102, Memphis, TN 38103
• 

  

  /19

  $155,000

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

  1571 E Mclemore Ave, Memphis, TN 38106

  Check out this 4 Bedroom 2 Bathroom home! In the heart of Magnolia Terrace! Over 1800 sq ft of Charm, near Rozelle and Hamilton Schools. Check out that updated Bathroom! You could use this as a Personal home, or a Rental! Wonderful opportunities abound! Call to make your appointment today!

  Jennifer Clark KAIZEN Realty, LLC

  1571 E Mclemore Ave, Memphis, TN 38106
• 

  

  /13

  $115,000

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

  2559 Wellons Ave, Memphis, TN 38127

  Market rent: $1150-$1200- Home completely remodeled and rent ready in a booming rental market. Great addition to your cash flow and investment portfolio. No wholesalers or owner financed offers. Property is currently vacant.

  Brett Bernard The Stamps Real Estate Company

  2559 Wellons Ave, Memphis, TN 38127
• 

  

  /15

  $125,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1456 N Hollywood St, Memphis, TN 38108

  ADORABLE BUNGALOW, completely renovated in 2022. 2 bedroom with a bonus space. 2022 Renovation includes: New roof, new kitchen, new bathroom, new central HVAC system, beautiful new flooring, new lighting, new wood privacy fence with room to park in the fenced area, new windows and Security doors. Fantastic addition to your investment portfolio or excellent home for a buyer. Make an appointment to

  LaJuana Miller KAIZEN Realty, LLC

  1456 N Hollywood St, Memphis, TN 38108
• 

  

  /14

  $169,900

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

  1062 N Parkway, Memphis, TN 38105

  Fully renovated and full of charm! This 3 bed, 1 bath home sits just minutes from Crosstown Concourse, giving you easy access to all the best parts of Midtown. The kitchen has been completely redone including granite countertops, brand new cabinets, and new floor tile. The bathroom’s been fully updated as well with all new vanities, shower tile, light fixtures and more. You'll find beautiful,

  Joshua Moss KAIZEN Realty, LLC

  1062 N Parkway, Memphis, TN 38105
• 

  

  /25

  $199,900

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

  2909 Signal St, Memphis, TN 38127

  Welcome home to this nicely renovated 2,205 sq ft, 3-bedroom, 2-bathroom property on a nice size corner lot. This turn-key home features an updated kitchen with contemporary design and 2 fully renovated bathrooms. Enjoy the durability and beauty of hard surface flooring in all living areas, while the bedrooms offer cozy comfort with newly installed carpet. It features a covered front porch, a

  Haydn Wiseman Cahltrep Realty, LLC

  2909 Signal St, Memphis, TN 38127
• 

  

  /8

  $120,000

  • 4 Beds
  • 1 Bath
  • 800+ Sq Ft

  4005 Sewanee Rd, Memphis, TN 38109

  This four-bedroom home offers original hardwood floor throughout the main living areas. This home has a traditional and comfortable living space. The home features an updated bathroom and kitchen. Large fenced-in yard, providing a secure and private space perfect for outdoor enjoyment or letting pets roam freely. Large Garage and exterior storage shed in the back yard.

  DonAngela Johnson Crye-Leike, Inc., REALTORS

  4005 Sewanee Rd, Memphis, TN 38109
• 

  

  /10

  $118,500

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

  1274 Railton Rd, Memphis, TN 38111

  Lease Purchase with Option to Buy, Price Improvement. Excellent starter home or investment property. Property to be SOLD AS IS NO REPAIRS. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022.

  Patricia Didlake Didlake Realty Group, LLC

  1274 Railton Rd, Memphis, TN 38111
• 

  

  /13

  $130,000

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

  3115 S Wesley Ct, Memphis, TN 38119

  Great investment opportunity. Long term tenant occupied. This home is being marketed to investors. One Level Townhome in East Memphis on the edge of G'town. Newer roof, cove, large yard. Tenant occupied, do not disturb. Viewing with acceptable contract only. Seller prefers as is sale.

  Violetta Couture Crye-Leike, Inc., REALTORS

  3115 S Wesley Ct, Memphis, TN 38119
• 

  

  /11

  $192,000

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

  6989 Cherry Blossom Dr, Memphis, TN 38133

  Three-bedroom, two-bathroom home that needs some TLC, featuring a versatile den that could be converted into a fourth bedroom. The property includes a one-car garage and a spacious, fenced-in backyard—ideal for outdoor living. Located in a quiet cul-de-sac, it offers added privacy and a serene setting.

  Robert Salmons Entera Realty

  6989 Cherry Blossom Dr, Memphis, TN 38133
• 

  

  /10

  $190,000

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
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  /37

  $124,500

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  475 N Highland St Unit 3H, Memphis, TN 38122

  One of the best high rise condos! Secure parking, 24 hour guard & loads of amenities. Lovely pool with covered patio & grilling area overlooking Chickasaw Golf course. Nice workout facilities. party room with kitchen. This one has been completely renovated and updated! Lovely kitchen and bath. Wood floors. Fireplace & shutters! Storage space in basement. 2 guest suites available for rent. Call

  Deborah Mays Hobson, REALTORS

  475 N Highland St Unit 3H, Memphis, TN 38122
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  /7

  $123,999

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  2758 Smith Haven Dr, Memphis, TN 38114

  Step into this beautifully renovated home in the historic Bethel Grove neighborhood, updated in 2022 with a new roof, HVAC, flooring, and siding—move-in ready! Enjoy two spacious bedrooms and a full bath, all nestled on a generous lot that offers plenty of outdoor space with a shed in the back.

  Virgil Pryor Harris Realty Services

  2758 Smith Haven Dr, Memphis, TN 38114
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  /34

  $199,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  3277 Spottswood Ave, Memphis, TN 38111

  Charming and cozy 1-bedroom, 1-bathroom one-story cottage tucked away at the rear of the lot for added privacy. This well-kept home features a warm living area with a fireplace and an inviting layout. The spacious front yard is ideal for gardening and outdoor relaxation, offering ample sunlight and ample room to grow. A long driveway provides ample off-street parking, and the fully fenced yard

  LaKendrea Hall Epique Realty

  3277 Spottswood Ave, Memphis, TN 38111
• 

  

  /11

  $108,000

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

  3179 Flowering Cherry Ln Unit 50, Memphis, TN 38115

  Closing Costs Paid! Discover this beautifully remodeled condo at 3189 Flowering Cherry Lane, Memphis, TN. Spanning a spacious layout, it features new granite countertops, plush carpet, and fresh paint throughout, creating a modern, inviting ambiance. The condo boasts a double garage for ample parking and storage, plus a great patio perfect for outdoor relaxation or entertaining. Nestled in a

  Michael Stansbury Weichert REALTOR-SPM

  3179 Flowering Cherry Ln Unit 50, Memphis, TN 38115
• 

  

  /4

  $134,000

  • Land
  • 2.10 Acres
  • $63,810 per Acre

  4501 S 3rd St, Memphis, TN 38109

  Over 2 acres available in a prime commercial location. This is the perfect location to build your new commercial building. Perfect for an existing or future business!

  Jeff Goff Keller Williams

  4501 S 3rd St, Memphis, TN 38109
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  /34

  $200,000

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

  5091 Cheston Ave, Memphis, TN 38118

  This beautifully updated home features a spacious great room with a cozy fireplace, a separate formal dining room, and a modern kitchen with brand-new cabinets, countertops, and fixtures. The full bathroom downstairs adds convenience, while all four bedrooms are located upstairs for added privacy. Enjoy outdoor living in the fenced backyard — perfect for relaxing or entertaining. SAVE THOUSANDS

  Joshua Hisaw Keller Williams

  5091 Cheston Ave, Memphis, TN 38118
• 

  

  /9

  $125,500

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

  494 E Raines Rd, Memphis, TN 38109

  Investor Special in Whitehaven for sale! Home recently updated with new flooring, lighting and paint. New HVAC in 2024 and new roof! With our renovations, this will reduce overall maintenance on the home! Home is professionally managed and currently occupied on a two-year lease at $1025 in year one and $1075 in year 2! Lease ends May 2027. Call listing agent for details. Do not disturb

  Andrew Akins CB Properties of Memphis, LLC

  494 E Raines Rd, Memphis, TN 38109
• 

  

  /18

  $134,900

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

  3286 Amselle Cir, Memphis, TN 38127

  Tenants Occupied $1400 a month. Contract contingent inside view. Recently upgrade in 2024. located in a nestled quiet street. Open kitchen plan. Shaded back yard with extra concrete pads. Virtual Staging for you to see the potential of the property. DSCR for investor with 20% down, 35% down for no score or 50% for under 480 credit score available. Foreign investors with 25% down no credit score

  David Truong eXp Realty, LLC

  3286 Amselle Cir, Memphis, TN 38127
• 

  

  /13

  $146,500

  • 3 Beds
  • 1 Bath

  1048 Avon Rd, Memphis, TN 38122

  One of Berclair's Nice Dwellings! ESTATE SALE!! ALL OFFERS MUST HAVE COURT APPROVAL. "AS IS" freshly painted inside. Traditional Aluminum/Vinyl Siding, Living Room, Dining Room, Den, 3 Bedrooms, 1 Bath, Entry Hall w/Pantry, No Cooling, Central Heat. Features, Fenced backyard & Storage building. Look No Further This is the ONE.

  Eddie Parker Crye-Leike, Inc., REALTORS

  1048 Avon Rd, Memphis, TN 38122
• 

  

  /17

  $145,000

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

  5422 Gatehouse Dr Unit 5422, Memphis, TN 38134

  Spacious 2-level condo featuring 3 bedrooms and 2.5 bathrooms (including a renovated primary bath tub). The bedrooms are located on the second level, while the kitchen, half bath, living room, washer hookup, and dining room are downstairs. All kitchen appliances are included (except the microwave), and the unit comes with a decent-sized patio area with a storage closet. Located in the highly

  Miltha Martinez eXp Realty, LLC

  5422 Gatehouse Dr Unit 5422, Memphis, TN 38134
• 

  

  /29

  $195,000 Open Sat 1PM - 2:30PM

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

  275 W Central Park St Unit 1, Memphis, TN 38111

  Welcome to this adorable, updated 2 bed/2 bath condo offering comfort, convenience, & charm—all on the ground floor in a central East Memphis location! Step inside to discover large, open rooms with brand-new LVP flooring (no carpet!) & tastefully updated kitchen & baths. The cheery kitchen has updated backsplash & counters, SS appliances, & a breakfast bar. Formal dining room (don't miss the

  Julie Upchurch McWaters & Associates

  275 W Central Park St Unit 1, Memphis, TN 38111
• 

  

  /17

  $129,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2427 Vandale Ave, Memphis, TN 38108

  Fully renovated 3 BR/1BA home in Memphis! Features include quartz countertops in the kitchen, a luxury spa-like bathroom, and a new flooring throughout- no carpet, brand new windows. Enjoy peace of mind with a brand new roof and HVAC system. The backyard is fully enclosed with a new wood privacy fence and a gated iron fence for private parking. Move-in ready and perfect for modern living. Don't

  Flor Bernal Crye-Leike, Inc., REALTORS

  2427 Vandale Ave, Memphis, TN 38108
• 

  /2

  $125,000

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

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118

  Looking for a tenant occupied property that has been rehabbed? This one is it! The current lease is until January 2026. This townhouse has new bathtubs in both bathrooms and new tile, vanities, and toilets, new interior doors, paint, new carpet, new laminate flooring downstairs, new light fixtures, new cabinets in the kitchen, and vent a hood. The exterior has had rotten wood replaced, new

  Jill White Fast Track Realty, LLC

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118
• 

  

  /3

  $170,000

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

  3193 Winslow Rd, Memphis, TN 38109

  New construction in Memphis! This 4-bedroom, 2-bathroom home features 1,343 sq ft of heated living space with a modern open layout, quality finishes, and energy-efficient design. A great opportunity for investors in a growing neighborhood.

  Jonathan Minerick homecoin.com

  3193 Winslow Rd, Memphis, TN 38109
• 

  

  /30

  $114,999

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4566 Range Line Rd, Memphis, TN 38127

  RENTED AT $1050, Section 8 guaranteed rent! Turn Key Investment Property. Owner is offering a 1 year builder warranty that covers everything! Everything has been touched in this home. New plumbing, electrical, roof, everything! Seller has multiple houses coming to market with the same terms in 38127. NO SELLER FINANCING. No lowball offers. Seller Motivated

  Alissa Anderson KAIZEN Realty, LLC

  4566 Range Line Rd, Memphis, TN 38127
• 

  

  /10

  $150,000

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

  1761 S Perkins Rd, Memphis, TN 38117

  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

  1761 S Perkins Rd, Memphis, TN 38117
• 

  

  /3

  $150,000

  • Land

  8607 Geiberger Dr, Memphis, TN 38016

  Beautiful new gated community on the famous picturesque Colonial Country Club golf course. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of rolling fairways and impeccably maintained greens right outside your back door. Nestled in one of the most coveted golf course locations, this lot provides a tranquil

  Anna Thomas Keller Williams

  8607 Geiberger Dr, Memphis, TN 38016
• 

  

  /3

  $145,000

  • Land

  8599 Geiberger Dr, Memphis, TN 38016

  Beautiful new gated community on the famous picturesque Colonial Country Club golf course. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of rolling fairways and impeccably maintained greens right outside your back door. Nestled in one of the most coveted golf course locations, this lot provides a tranquil

  Anna Thomas Keller Williams

  8599 Geiberger Dr, Memphis, TN 38016
• 

  

  /19

  $180,000

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

  3860 Capricorn Cove, Memphis, TN 38128

  Relax on the Front Porch that stretches across the front of this Lovely renovated 3 Bedroom 2 Bath home! Very open floor plan has a super spacious Great Room. Move-In ready with Gleaming hardwood Floors, Renovated bathrooms, and Fresh Paint. Everything has been done, all you have to do is move in. Or it would make a super investment property. Located on a level, corner lot. Very easy to care

  Pat Goldstein Crye-Leike, Inc., REALTORS

  3860 Capricorn Cove, Memphis, TN 38128
• 

  

  /8

  $114,900

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

  4221 Argonne St, Memphis, TN 38127

  Investor special! This three-bedroom, two-bathroom home sits in a quiet Frayser neighborhood on a spacious corner lot and is currently tenant-occupied and cash-flowing—making it the perfect addition to any rental portfolio. Rented at $1,250 per month. Offered as part of a package deal at a discounted price point with another property - MLS#10198509 (1393 Greendale Ave)—making it a prime

  Oksana Piven BEST Real Estate Company

  4221 Argonne St, Memphis, TN 38127
• 

  

  /9

  $139,900

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

  1021 Chelsea Ave, Memphis, TN 38107

  4 Bedroom Rooming house + extra attic area. $125/week per room typical = $52,000 per year maximum potential. Running for several years, presently mostly occupied. Fully furnished and equipped. Ideal for investor seeking higher than normal returns. Add this to your investment portfolio to diversify from the typical rentals!

  Jonathan Minerick homecoin.com

  1021 Chelsea Ave, Memphis, TN 38107
• 

  

  /28

  $189,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  41 N Bingham St, Memphis, TN 38112

  *** 2,500 in concessions towards buyers closing cost*** Beautifully updated 2-bedroom home with basement featuring new HVAC, updated plumbing, and granite countertops. Enjoy modern touches like LED lighting, luxury vinyl floors, new windows, and new siding. The large fenced backyard offers privacy, a storage shed, and plenty of space for outdoor living. Located in a great, convenient area, this

  Tony Payne Keller Williams

  41 N Bingham St, Memphis, TN 38112
• 

  

  /27

  $145,500

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

  3314 Frayser View Dr, Memphis, TN 38127

  NEW TENANT MOVING IN AT $1342 per month! Great Turn Key Investment Owner provides 1 year warranty that covers everything. Something other turn key properties aren't offering. Home has been tastefully and completely remodeled. Will provide great returns for years to come. Add this to your portfolio today!

  Alissa Anderson KAIZEN Realty, LLC

  3314 Frayser View Dr, Memphis, TN 38127
• 

  

  /12

  $125,000

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

  179 Appleton Ave, Memphis, TN 38109

  Charming 3 bedroom, 1 bath affordable starter home. Perfect for investors or buyers looking to customize and add value. Property is being sold AS IS. Don't miss this great opportunity! Call your REALTOR TODAY!!!

  Lisa Davis Rezults Realty LLC

  179 Appleton Ave, Memphis, TN 38109
• 

  

  /22

  $109,900

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

  3762 Berry Ln, Memphis, TN 38128

  Excellent starter home, or investment opportunity in Raleigh! Very quiet area across from a church. 3br 1ba, on over an acre lot! Vacant, easy to show! Home qualifies for 901 Home Loans program. Up to 97% financing with 6% fixed interest rate! Min credit score of 600! Feel free to reach out with any questions! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  3762 Berry Ln, Memphis, TN 38128

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