Shelby County TN Homes under $200,000

• 

  

  

  /10

  $120,000

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  973 Bonnie St, Memphis, TN 38122

  Cute 2 bed, 1 bath home in the heart of East Memphis with a generous backyard and patio space—perfect for entertaining, pets, or simply enjoying the outdoors. Great location!! Don’t miss this one!

  Crystal Mitchell Renshaw Company, REALTORS

  973 Bonnie St, Memphis, TN 38122
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  /34

  $109,900

  • 2 Beds
  • 1 Bath
  • 1,178 Sq Ft

  4534 Sandy Park Dr, Memphis, TN 38141

  This 1,178-square-foot brick residence in the Brookvalley community features a functional two-bedroom, one-bathroom interior. Authentic hardwood flooring spans the main living areas, complemented by a masonry brick fireplace in the living room. The kitchen is finished with durable tile flooring, while a dedicated hallway closet provides convenient washer and dryer hookups. Built in 1985, the home

  Tiffany Jones Trelora Realty

  4534 Sandy Park Dr, Memphis, TN 38141
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  /9

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,149 Sq Ft

  761 Marywood St, Memphis, TN 38106

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $950 per month and is on a lease from 11/25/2024 until 11/30/2025. This tenant is currently on a month-to-month lease. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative

  Alex Evans Reedy & Company, REALTORS

  761 Marywood St, Memphis, TN 38106
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  /33

  $179,900

  • 4 Beds
  • 2 Baths
  • 1,810 Sq Ft

  3519 Naylor Dr, Memphis, TN 38128

  This spacious 1,810 sqft brick and vinyl residence, built in 1964, offers an expansive layout with 4 bedrooms and 2 full bathrooms in the Raleigh/Singleton area. The interior features original hardwood flooring and a substantial 19x31 family room centered around a focal point large stone fireplace. The 4th bedroom is notably oversized at 18x10, providing flexibility for a home office or media

  Tiffany Jones Trelora Realty

  3519 Naylor Dr, Memphis, TN 38128
• 

  

  

  /16

  $145,000

  • 4 Beds
  • 1 Bath
  • 1,100 Sq Ft

  4362 Suncrest Dr, Memphis, TN 38127

  This is a turnkey property ready for an owner/occupant or a landlord. Newly renovated completed in 2026. All new roof, HVAC, mechanicals, appliances, electrical, plumbing, sheetrock and paint.

  Geoffrey Diaz 901, REALTORS

  4362 Suncrest Dr, Memphis, TN 38127
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  /32

  $179,900

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

  1217 Carlton Rd, Memphis, TN 38106

  Welcome home! Fully renovated 3 bed, 2 bath home featuring an open-concept layout and modern finishes throughout. Major system upgrades include all new electrical, plumbing, and HVAC (2024). Updated kitchen with new cabinets, countertops, backsplash, and stainless steel appliances. Both bathrooms have been fully remodeled. New luxury vinyl flooring throughout—no carpet! Exterior improvements

  Uriel Salas United Real Estate Mid South

  1217 Carlton Rd, Memphis, TN 38106
• 

  

  /20

  $169,500

  • 3 Beds
  • 1 Bath
  • 1,235 Sq Ft

  3277 Ashland St, Memphis, TN 38127

  Charming one-story home featuring 3 bedrooms and 1 bathroom with a functional and comfortable layout. The living area offers plenty of natural light, creating a warm and inviting space for everyday living. The kitchen provides ample cabinet and counter space, ideal for meal preparation and gatherings. Spacious bedrooms offer flexibility for a variety of needs. Enjoy relaxing on the front porch,

  Rochele Minerd Mainstay Brokerage, LLC

  3277 Ashland St, Memphis, TN 38127
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  /3

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,635 Sq Ft

  1170 Shadowline Dr, Memphis, TN 38109

  Great opportunity to add to your investment portfolio. This low-maintenance brick 4 bedroom, 2 bath home is tenant occupied and professionally managed. Current tenant has been in place since February 2018 at $1,250/month with a security deposit of $895. Lease is in place through February 28, 2027. Property is being sold as-is with tenant in place. Showings will be scheduled after an accepted

  Camela Henke Enterprise, REALTORS

  1170 Shadowline Dr, Memphis, TN 38109
• 

  

  /18

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,169 Sq Ft

  3878 Voltaire Ave, Memphis, TN 38128

  Charming 3-bedroom, 1-bath home with solid construction and great potential. This brick property offers “good bones” and long-term durability. The kitchen features granite countertops, providing a modern touch to the space. Enjoy a spacious yard, perfect for outdoor activities. The HVAC system was replaced approximately 4 years ago, offering added peace of mind for years to come. A great

  Marija Tomic ResiAmerica, Inc.

  3878 Voltaire Ave, Memphis, TN 38128
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  /9

  $110,000

  • 3 Beds
  • 1 Bath
  • 810 Sq Ft

  3509 Brantley Rd, Memphis, TN 38109

  Calling on all investors looking to add to their portfolio with little to no maintenance needed. Home was recently vacated and repairs have been done and waiting on its next tenant! Kitchen updates with counter tops, LVP throughout, updated bath, washer and dryer connection and fenced in yard. HVAC 2024, HWH 2021 and roof less than 3 years old! Rent range is $925 to $950. Call listing agent for

  Andrew Akins CB Properties of Memphis, LLC

  3509 Brantley Rd, Memphis, TN 38109
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  /13

  $124,900

  • 2 Beds
  • 1 Bath
  • 815 Sq Ft

  3334 Sharpe Ave, Memphis, TN 38111

  Fully renovated and income-producing property currently rented at $1,100/month, offering immediate cash flow for investors and landlords. This home has been updated inside and out, minimizing maintenance and capital expenditures for years to come. Interior features include luxury vinyl plank flooring, modern light fixtures, and ceiling fans with remotes throughout. The kitchen has been completely

  Joshua Moss KAIZEN Realty, LLC

  3334 Sharpe Ave, Memphis, TN 38111
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  /18

  $139,000

  • 3 Beds
  • 1 Bath
  • 1,025 Sq Ft

  2885 Clearbrook St, Memphis, TN 38118

  Just remodeled Kitchen and bathrooms. All hard surface floors. Covered patio. Carport with storage room and fence

  Keff Couch Capstone Realty Services

  2885 Clearbrook St, Memphis, TN 38118
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  /3

  $200,000

  • Land
  • 0.45 Acre
  • $444,444 per Acre

  2201 Sunset Rd, Germantown, TN 38138

  *There is no sign on this property* One Hot Property - a building lot in Western Germantown. It's actually one of 4 properties for sale with the other 3 on Western, which is right off Sunset.

  Sheldon Rosengarten Marx-Bensdorf, REALTORS

  2201 Sunset Rd, Germantown, TN 38138
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  /11

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  3844 Ajanders Dr, Memphis, TN 38127

  **********Tenant occupied – please do not disturb tenant. No showings without an accepted offer. ************ Well-maintained 4-year-old home conveniently located near major employers including Nike and Amazon. This 4-bedroom, 2-bath home features an open-concept living area that flows seamlessly into the kitchen, complete with a center island ideal for meal prep and gathering. The home also

  Ben Strauch Skyline Realty

  3844 Ajanders Dr, Memphis, TN 38127
• 

  

  /27

  $175,000

  • 2 Beds
  • 2 Baths
  • 1,151 Sq Ft

  1960 N Parkway Unit 1208, Memphis, TN 38112

  Located on the fully renovated 12th floor, this updated 2 bedroom/2 bath condo offers spectacular panoramic views of Downtown and the Memphis Zoo. Key features include: updated Champion windows and sliding glass doors, gleaming parquet flooring throughout living room dining room and kitchen, with brand-new vinyl plank flooring in the bedroom and office/2nd bedroom. Expansive walk-in

  Meredith Coughlin Keller Williams

  1960 N Parkway Unit 1208, Memphis, TN 38112
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  /25

  $156,000

  • 4 Beds
  • 2 Baths
  • 1,269 Sq Ft

  4589 Range Line Rd, Memphis, TN 38127

  Charming 4-Bedroom, 2-Bath Home – Perfect for Living or Investing Welcome to this well-maintained 4-bedroom, 2-bathroom home offering 1,269 sq ft of comfortable living space. Whether you’re searching for the perfect primary residence or a smart investment property, this home checks all the boxes. Step inside to find a bright and inviting layout designed for easy living. The home’s low-maintenance

  Princess Parker Crye-Leike, Inc., REALTORS

  4589 Range Line Rd, Memphis, TN 38127
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  /7

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,634 Sq Ft

  4466 Sumners Wells Rd, Memphis, TN 38118

  Cash flowing duplex with gross rents of $1390 per month. Brick 2br/1ba per side with CH/A; Rent roll attached to listing. Also available from same owner 4460-62 Sumners Wells Rd. Both duplexes are side by side and sold as is. This property has been professionally managed by Leco Realty for many years. Please drive by and do not disturb tenants. Make offers subject to inspections and sold subject

  Lowell Brister Leco Realty, Inc.

  4466 Sumners Wells Rd, Memphis, TN 38118
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  /9

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,634 Sq Ft

  4460 Sumners Wells Rd, Memphis, TN 38118

  Cash flowing duplex with gross rents of $1225 per month. Brick 2br/1ba per side with CH/A. Newer roof; Rent roll attached to listing. Also available from same owner 4466-68 Sumners Wells Rd. Both duplexes are side by side. This property has been professionally managed by Leco Realty for many years. Please drive by and do not disturb tenants. Make offers subject to inspections and sold subject to

  Lowell Brister Leco Realty, Inc.

  4460 Sumners Wells Rd, Memphis, TN 38118
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  /11

  $105,000

  • 2 Beds
  • 1 Bath
  • 1,256 Sq Ft

  3901 Grey Rd, Memphis, TN 38108

  Great Investor Oppurtunity. SELLING AS-IS. Property is in need of many repairs. Huge Corner Lot. No working Heat or Air. All Utilities are off.

  Nora Lawson Crye-Leike, Inc., REALTORS

  3901 Grey Rd, Memphis, TN 38108
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  /20

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,007 Sq Ft

  1770 Hood St, Memphis, TN 38108

  Move in Ready! Meticulously maintained, owner occupied home in pristine condition. This spacious 3 bedroom, 1.5 baths offers a functional layout, hardwood floors, large kitchen, and updated bathrooms. Outside, sought after features include a large carport that can cover 2 vehicles, a backyard privacy fence, plus a sunny backyard with storage shed. All mechanical items have been addressed

  Jordan Schieffler Ware Jones, REALTORS

  1770 Hood St, Memphis, TN 38108
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  /5

  $199,000

  • Land
  • 2.49 Acres
  • $79,920 per Acre

  0 Old Brownsville Rd, Brunswick, TN 38014

  2.49+/- acres in BARTLETT! Zoned C-L Neighborhood Commercial. Great opportunity to purchase a commercial lot in a growing area. Ideal for a variety of potential business uses with convenient access to major roads and surrounding amenities. Property offers excellent potential for development. The property has an estimated 305 feet of road frontage with an average depth of 342 feet. Lot size is

  Angela Sanfratello Coldwell Banker Collins-Maury

  0 Old Brownsville Rd, Brunswick, TN 38014
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  /36

  $175,000

  • 2 Beds
  • 1.5 Baths
  • 1,004 Sq Ft

  4915 1st Ave, Millington, TN 38053

  close to school, updated 2-bedroom 1.5 bath, great neighborhood in the heart of Millington, updated kitchen, tile floors, hardwood floors in living, dining and bedrooms with crown molding, fenced in backyard

  Ngoc Quach Germantown Properties

  4915 1st Ave, Millington, TN 38053
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  /20

  $101,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  1088 Western Park Dr, Memphis, TN 38109

  Nice upscale family home.

  Shirley Kay Harris Crye-Leike, Inc., REALTORS

  1088 Western Park Dr, Memphis, TN 38109
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  /14

  $175,900

  • 6 Beds
  • 2 Baths
  • 1,650 Sq Ft

  3176 Yale Ave, Memphis, TN 38112

  Updated Duplex in Eastern Heights – Prime Investment Opportunity in 38112! Located just 8 minutes from Midtown and 13 minutes from Downtown Memphis, this recently updated duplex sits in the heart of the Binghampton Redevelopment District. Each unit offers 2 bedrooms and 1 bathroom, with fresh paint, updates and individual driveways. Unit 1 is currently leased at $900/month through 11/30/2026 &

  Raven Henderson KAIZEN Realty, LLC

  3176 Yale Ave, Memphis, TN 38112
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  /37

  $155,000

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft

  109 N Main St Unit 612, Memphis, TN 38103

  Welcome to the iconic Claridge House at 109 N Main in the heart of downtown Memphis. This 1 bedroom, 1 bath condo offers comfortable city living with a spacious open floor plan that flows easily between living, dining, and kitchen with breakfast bar and pantry. A small hallway leads to the generously sized bedroom. A separation of spaces, with the vanity and sink set apart from the tub and

  Sherianne Bangham BHHS Taliesyn Realty

  109 N Main St Unit 612, Memphis, TN 38103
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  /18

  $200,000

  • 4 Beds
  • 2 Baths
  • 1,475 Sq Ft

  2428 Lamar Cir, Memphis, TN 38114

  COMPLETELY RENOVATED duplex Unique investment opportunity for 2 rentals. Option to live on one side and rent out the other OR perfect for an in-law suite when family needs to be close by. This can be a fantastic addition to your investment portfolio. 1 side occupied, $800 monthly rent, tenant pays utilities. Minutes from Cooper-Young area. Recent 2022 renovation included: New roof, Electrical

  LaJuana Miller KAIZEN Realty, LLC

  2428 Lamar Cir, Memphis, TN 38114
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  /17

  $129,900

  • 2 Beds
  • 1 Bath
  • 854 Sq Ft

  3589 Faxon Ave, Memphis, TN 38122

  Turnkey & Totally Transformed — Move-In Ready Memphis gem! 3589 Faxon Ave | Memphis, TN | 2 Bed | 1 Bath Why buy old when you can have NEW? This beautifully renovated 2-bedroom, 1-bathroom home with a detached garage was taken down to the studs and brought back to life in 2021 — meaning all the big-ticket items have already been done for you! Step inside and feel the difference. Refinished

  Caleb Parr Renshaw Company, REALTORS

  3589 Faxon Ave, Memphis, TN 38122
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  /13

  $100,000

  • 2 Beds
  • 2 Baths
  • 1,043 Sq Ft

  1887 N Graham St, Memphis, TN 38108

  Charming Brick Home with Oversized Garage in a Prime Memphis Location 1887 N Graham | Memphis, TN | 2 Bed | 2 Bath Don’t miss this solid brick beauty offering the perfect blend of comfort, character, and convenience! This well-maintained 2-bedroom, 2-bathroom home features a classic brick exterior built to last, keeping you cool in the summer and cozy in the winter — along with central heat and

  Caleb Parr Renshaw Company, REALTORS

  1887 N Graham St, Memphis, TN 38108
• 

  

  /19

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,080 Sq Ft

  931 W Raines Rd, Memphis, TN 38109

  Located in Chickasaw Village, this 3-bedroom, 1.5-bath home offers a great opportunity for buyers looking for value and space. Enjoy a level, open yard—perfect for outdoor activities—and a relaxing front porch ideal for unwinding at the end of the day. Schedule your showing today!

  Justin Smith REMAX Experts

  931 W Raines Rd, Memphis, TN 38109
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  /4

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,126 Sq Ft

  3447 Cook Rd, Memphis, TN 38109

  Fully renovated home in South Memphis near Downtown and the Airport. Ideal for an investor looking to add a cash-flowing, low-maintenance investment property to their portfolio. Call the listing agent for more information.

  Bradley Puckett CB Properties of Memphis, LLC

  3447 Cook Rd, Memphis, TN 38109
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  /31

  $104,900

  • 4 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  3709 Bluff Wood Dr, Memphis, TN 38128

  This single story 4-bedroom property offers 1125 of comfortable living space. NO HOA. This property is perfect for modern living. You'll enjoy convenient access to local amenities. Don't miss this opportunity to make this house your home. Contact us today to schedule a viewing!

  Tiffany Jones Trelora Realty

  3709 Bluff Wood Dr, Memphis, TN 38128
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  /4

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,498 Sq Ft

  1311 Marlin Rd, Memphis, TN 38116

  Recently vacated property with strong potential for both fix-and-flip or buy-and-hold investors. The home offers a solid foundation and layout, and with light to moderate renovations, it can be transformed into a strong cash-flowing rental or resale opportunity. Located in an area with consistent rental demand, this is a great chance to add value and maximize returns. Property is being sold

  Bradley Puckett CB Properties of Memphis, LLC

  1311 Marlin Rd, Memphis, TN 38116
• 

  

  /23

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,185 Sq Ft

  3220 Seminole Rd, Memphis, TN 38111

  Wonderful Home for Sale – 3 Bedrooms, 2 Bathroom, features 3 spacious bedrooms, . It includes a wood kitchen with an open-concept layout, seamlessly connected to the living areas for a warm and inviting feel. Additionally, the property: offers a completely fenced garden.

  Itzel Sanchez Bustamante Keller Williams

  3220 Seminole Rd, Memphis, TN 38111
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  /10

  $140,000

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

  3832 Lake Park Cove, Memphis, TN 38127

  Your Perfect 4-Bedroom Investment Property Awaits. This spacious, 4-bedroom, 2-bathroom home, built in 2021, is a must-see for investors. Boasting an open floor plan, this home is ready for immediate move-in and easy to lease. Situated in a rapidly growing area, Frayser is undergoing nearly $60 million in new developments, including a brand-new high school that will elevate the neighborhood’s

  Anna Bishop Crye-Leike, Inc., REALTORS

  3832 Lake Park Cove, Memphis, TN 38127
• 

  

  /20

  $161,900 Open Sat 2PM - 4PM

  • 3 Beds
  • 2 Baths
  • 1,324 Sq Ft

  1036 Palermo Ave, Memphis, TN 38106

  Fully renovated and move-in ready, newly updated, offering a fresh start with extensive updates throughout. Buyers will appreciate the clean, modern finishes and the feeling of essentially “like-new” living inside an established setting. With nearly everything updated inside and outside, this property offers the rare opportunity to own a dramatically improved home without the wait or uncertainty

  Elizabeth Castillo BEST Real Estate Company

  1036 Palermo Ave, Memphis, TN 38106
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  /34

  $104,900

  • 2 Beds
  • 2 Baths
  • 1,438 Sq Ft

  3230 Riney St, Memphis, TN 38127

  Classic Brick Charm in Frayser! This solid 4-sided brick ranch features durable vinyl accents and sits on a generous 0.23-acre lot. Inside, you’ll find beautiful hardwood flooring flowing through the main living areas and both 2 bedrooms. The primary suite offers a private retreat with its own 1 full bathroom, totaling 2 bathrooms in the home. The kitchen is equipped with practical vinyl

  Tiffany Jones Trelora Realty

  3230 Riney St, Memphis, TN 38127
• 

  

  /11

  $129,900

  • 2 Beds
  • 2 Baths
  • 1,300 Sq Ft

  3484 Vernon Ave, Memphis, TN 38122

  Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex home is in the 38122 area. Unit 3484 is vacant, Unit 3486 is occupied for $675, lease ends on 8/31/2026. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3484 Vernon Ave, Memphis, TN 38122
• 

  

  /31

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,804 Sq Ft

  3472 Castleman St, Memphis, TN 38118

  Beautifully kept home in Wooddale area~ Ranch style 3 Bedroom and 2 Bath home include formal Living and Dining rooms and Great room w/fireplace. Updates include new stove, dishwasher, carpet and interior paint. The primary bath has been updated. A/C is approx. 2 years old. The carport was enclosed and can be used as office or seating area off kitchen. Neutral colors throughout. Close to schools

  Brenda Hampton Crye-Leike, Inc., REALTORS

  3472 Castleman St, Memphis, TN 38118
• 

  

  /15

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,180 Sq Ft

  4597 Windward Dr, Memphis, TN 38109

  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.

  Alex Evans Reedy & Company, REALTORS

  4597 Windward Dr, Memphis, TN 38109
• 

  

  /6

  $174,900

  • 2 Beds
  • 1 Bath
  • 1,188 Sq Ft

  2312 Wellons Ave, Memphis, TN 38127

  This beautiful brick 3-bedroom 1 bath Frayser neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! The home is currently vacant and in need of mid-level rehab for no

  Derrick Brown Independence Realty&Investment

  2312 Wellons Ave, Memphis, TN 38127

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