Shelby County TN Homes under $200,000

• 

  

  

  /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
• 

  

  /5

  $114,900

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

  1690 Berkshire Ave, Memphis, TN 38108

  INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1690 Berkshire Ave, Memphis, TN 38108
• 

  

  /13

  $200,000

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

  3094 Park Ave, Memphis, TN 38111

  This home is like new inside. It has new laminated floors, freshly painted throughout, new kitchen cabinets, everything new in bathroom, new heating and air systems, new windows and wrought iron doors. A new wood fence is being erected around the huge back yard. This property is zoned commercial, but can and is being used as residential as confirmed by the Memphis & Shelby County Code

  Joe Payne The Peyton Co., Inc., REALTORS

  3094 Park Ave, Memphis, TN 38111
• 

  

  /19

  $150,000

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

  468 Braycliff Ave, Memphis, TN 38109

  Delightful 3-bedroom, 2-bath home offering comfort, functionality, and plenty of potential. Inside, you’ll find a living room perfect for relaxing, a versatile den ideal for a home office or guest space, and a practical kitchen ready for your personal touch. Step outside to a generously sized yard with room for gardening, play, or outdoor gatherings. Priced to sell and being sold as is, this

  Shavona Davis United Real Estate Mid South

  468 Braycliff Ave, Memphis, TN 38109
• 

  

  /20

  $159,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  3215 Given Ave, Memphis, TN 38112

  This fully renovated bungalow is move-in ready and full of charm! With 3 bedrooms and now 2 full baths—including a brand-new full bath in the private primary suite—this home has been beautifully updated from top to bottom. It features new vinyl wood flooring in the main living areas and bedrooms, fresh tile in both updated bathrooms, and a fully remodeled kitchen. Updates also include a new

  Mario Jaramillo REMAX Experts

  3215 Given Ave, Memphis, TN 38112
• 

  

  /21

  $125,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  585 E Parkway S Unit 5, Memphis, TN 38104

  Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available to purchase. 2bd/1bath with patio and parking. Ideal rental. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA$200 This will not go conventional or FHA. Leaders Credit Union, Kelly Jones, can do a special

  Alex Turner Hobson, REALTORS

  585 E Parkway S Unit 5, Memphis, TN 38104
• 

  

  /21

  $137,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4078 Burrow Ave, Memphis, TN 38128

  This lovely 2-bedroom, 1-bath home has been completely redone and is ready to move in. It features a clean, modern look with new vinyl and tile flooring throughout. The kitchen has been updated with new appliances, cabinets and granite counter tops making cooking easy and enjoyable. The bathroom has also been refreshed with contemporary touches and a beautiful standing shower. Located in a

  Elizabeth Castillo BEST Real Estate Company

  4078 Burrow Ave, Memphis, TN 38128
• 

  

  /7

  $160,000

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

  1737 Warner Ave, Memphis, TN 38127

  Only 2 years old! Open plan with 3 Bedrooms, 2 Full Bathrooms, a separate laundry room with cabinets, smooth ceilings, a kitchen with a full compliment of appliances, vinyl plank flooring, energy efficient windows, LED light fixtures, a covered front porch and more in an establish neighborhood!

  Terry Thomas Burch Realty Group

  1737 Warner Ave, Memphis, TN 38127
• 

  

  /17

  $185,000

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

  4025 Bishops Bridge Rd, Memphis, TN 38118

  This property is situated on a corner lot in airport area and has been meticulously updated. The spacious home features new laminated flooring, fresh paint throughout, brand-new kitchen cabinets, renovated bathrooms, updated heating and air, new hot water tank and tile floors in the kitchen and bathrooms. This home has 3 bedrooms, 2 baths, living room, dining area, den, and laundry room.

  Sherita McCray Assured Real Estate Services

  4025 Bishops Bridge Rd, Memphis, TN 38118
• 

  

  /16

  $164,900

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

  5054 North Ave, Millington, TN 38053

  Recent renovation( NEW HVAC/WATER HEATHER!!) Wall to Wall, Ceiling to Floor and Porch to Porch. Beautiful laminate flooring/every window and door replaced/Kitchen counters/tops/sinks replaced. Every light switch, every electrical wall plate, every light fixture replaced. Bathroom featuring latest step-in-shower. Spacious laundry room and storage/closet. Fresh paint on everything that doesn't

  Dennis Wages RE/MAX Right Way

  5054 North Ave, Millington, TN 38053
• 

  

  /19

  $175,000

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

  4772 James Kent Ct, Memphis, TN 38118

  SELLER FINANCING AVAILABLE! INVESTOR SPECIAL! DON'T MISS THIS OPPORTUNITY! The house can accomodate two tenants to be divided into 2 units with separate private entrances, separate bathrooms, and separate kitchens for an estimated $1,800 total or more in rent. $1,800 in rent would translate to a 12.3% minimum return annually. Property is currently rented to one tenant for $1,000 with a consistent

  Austin Hall Evernest Too, LLC

  4772 James Kent Ct, Memphis, TN 38118
• 

  

  /20

  $129,900

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

  3547 Randolph St, Memphis, TN 38127

  Investors - This one is better than 1% CASH-FLOW at $1350/month rent. Turnkey Investment Opportunity! This beautifully renovated 3-bedroom, 1-bath home is a perfect addition to any investment portfolio. Nestled on a spacious lot, this property has been thoughtfully updated, featuring a brand new architectural roof, fresh interior and exterior paint, new tile, and refinished original hardwood

  Mario Jaramillo REMAX Experts

  3547 Randolph St, Memphis, TN 38127
• 

  

  /24

  $135,000

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

  5432 Burton Church Cove Unit 31B, Memphis, TN 38134

  Welcome home to this beautifully updated 3-bedroom, 2.5-bath condo nestled in the heart of Bartlett. Step inside to find fresh new flooring throughout, complemented by modern countertops and a fresh coat of paint that brightens every room. The bathrooms have been tastefully renovated with tile flooring and updated fixtures, offering both style and comfort. Light fixtures have also been upgraded

  Ronald Sandefer Emmett Baird Realty, LLC

  5432 Burton Church Cove Unit 31B, Memphis, TN 38134
• 

  

  /7

  $109,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3630 Wilshire Rd, Memphis, TN 38111

  This 2-bedroom, 1-bath home is the kind of gem that doesn't come along every day. Just a short drive from the University of Memphis, it's a perfect spot for student rental or a solid long-term rental. As an experienced investor or a novice, you'll see that this home has great potential in a high-demand area. Roof, HVAC, and water heater were all new in 2018, so you can move on with it without

  Ashley Claunch Premier Realty Group, LLC

  3630 Wilshire Rd, Memphis, TN 38111
• 

  

  /9

  $139,900

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

  1069 Mosby Rd, Memphis, TN 38116

  Nice starter home perfect for a small family 3 bedrooms, 2 full baths, freshly painted.

  Maxine Conner BEST Real Estate Company

  1069 Mosby Rd, Memphis, TN 38116
• 

  

  /11

  $109,901

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

  961 Joseph Place, Memphis, TN 38107

  Now at a lower price! Updated 2 bedroom 1bath house. Kitchen and bath both updated. New flooring and freshly painter interior. Owner financing available. 10% down and balance at 8.5%. 20% down and balance at 7.5%

  Brian Estes 901, REALTORS

  961 Joseph Place, Memphis, TN 38107
• 

  

  /11

  $148,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3807 Glenburee St, Memphis, TN 38109

  NEWLY RENOVATED! This home features new flooring thru-out, new kitchen counter tops & cabinets, vent a hood, huge fenced backyard and etc.. This beautiful home is cheaper than rent and will be perfect for a first time homebuyer or perfect for an investor that wants to add to their portfolio. Tenant occupied. Currently paying $1250/mth. Lease ends August 31, 2025.

  Raquel Curry KAIZEN Realty, LLC

  3807 Glenburee St, Memphis, TN 38109
• 

  

  /12

  $133,500

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4864 Bowen Ave, Memphis, TN 38122

  Looking for a cute house to make your own or one to add to your investment portfolio ? this one has great bones, original hard wood flooring, tile kitchen and bath, nice fenced rear yard. selling "as is" seller is firm on price. Don't let this little gem get away ! call to day for a showing !

  Cari Dawson Hometown Realty

  4864 Bowen Ave, Memphis, TN 38122
• 

  

  /36

  $189,900

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

  1906 Vollintine Ave, Memphis, TN 38107

  Oh my goodness, what a great house this is!!! Looking for a classic Midtown home with the vintage flair intact, but everything important is new? Like a new roof, gutters, electrical, plumbing, HVAC, windows, kitchen, appliances & bath? How about a gorgeous vintage fireplace mantle, exposed brick, sconces, some vintage light fixtures, and gorgeous refinished hardwoods and moldings? This two

  Paige Arnold Crye-Leike, Inc., REALTORS

  1906 Vollintine Ave, Memphis, TN 38107
• 

  

  /4

  $159,000

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

  3996 Sloan St, Memphis, TN 38118

  3 bed, 1.5 bath home with carport parking. Need minor renovations. Traditional Loan , Owner to owner and or investors are welcome And ( Social ,ITIN o Financiamiento Dueño a Dueño, Inversionistas hagan su oferta )

  Claudia Routh TRG Real Estate Services, LLC

  3996 Sloan St, Memphis, TN 38118
• 

  

  /34

  $134,900

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

  327 E Shelby Dr, Memphis, TN 38109

  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.  Tenant will move in on 6/17/25. Rent is $1,165 and lease ends on 6/17/2027.

  Dean Harris CrestCore Realty MphsBrokerage

  327 E Shelby Dr, Memphis, TN 38109
• 

  

  /9

  $169,500

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

  4947 Demeter Cove, Memphis, TN 38118

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/30/2026 recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4947 Demeter Cove, Memphis, TN 38118
• 

  /2

  $125,000

  • Land
  • 0.46 Acre
  • $271,739 per Acre

  421 Cassidy Ln, Collierville, TN 38017

  Spring Creek offers one the best family friendly, communities in the area. This beautiful lot is .46 of an acre and ready to build on. Low County Taxes in the Collierville Reserve Area. Enjoy the neighborhood amenities such as the pool,tennis courts,walking trails and a beautiful neghborhood lake! Find a builder and build YOUR DREAM HOME! HOA Dues $1500 yearly. Go to the Boyle Development website

  Jon Dickens The Firm

  421 Cassidy Ln, Collierville, TN 38017
• 

  

  /27

  $120,000

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

  858 Eyers Rd, Memphis, TN 38109

  RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  858 Eyers Rd, Memphis, TN 38109
• 

  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3889 Danny Ave, Memphis, TN 38111

  Investor Special! Enjoy instant cash flow from day one with minimal management required. Recent updates ensure low maintenance, and the property sits on a quiet street with strong rental demand. Please do not disturb tenants. Showings available with accepted offer.

  Courtney Clark Keller Williams

  3889 Danny Ave, Memphis, TN 38111
• 

  

  /12

  $179,000

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

  3393 Brownbark Dr, Memphis, TN 38115

  This is a great home for first time home buyer. All buyers welcome.

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  3393 Brownbark Dr, Memphis, TN 38115
• 

  

  /14

  $190,000

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

  5028 Elton Cove, Memphis, TN 38109

  Charming Move in Ready Home with 3 bedrooms and 2 baths. Spacious living room w/fireplace. Remodeled Bathroom & Kitchen, new light fixtures. Tenant occupied. Tenants are on a month to month payment. Please do not disturb the tenants. Showings by appointment only.

  Vuanita Jones-McArthur BEST Real Estate Company

  5028 Elton Cove, Memphis, TN 38109
• 

  

  /17

  $155,000

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

  4227 Bayliss Ave, Memphis, TN 38108

  If you are looking to expand your investment portfolio look no further! With 3 bedrooms and 2 full baths it would make a great owner occupant home as well! Special financing options apply! Seller offering concessions to all qualified buyers! What an opportunity!

  Dana Whitworth Crye-Leike, Inc., REALTORS

  4227 Bayliss Ave, Memphis, TN 38108
• 

  

  /8

  $125,000

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

  1382 Mary Jane Ave, Memphis, TN 38116

  Welcome to 1382 Mary Jane Avenue, Memphis, TN 38116! This charming 3-bedroom, 1-bath home offers comfortable living with stylish updates and solid investment potential. Enjoy hard surface flooring throughout, a bright and airy living area, and a modern kitchen featuring large shaker cabinets. Central heat and air provide year-round comfort, while the spacious, fully fenced backyard is perfect for

  James Wachob Foundation Property Management

  1382 Mary Jane Ave, Memphis, TN 38116
• 

  

  /13

  $182,900

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

  839 Woodlawn St, Memphis, TN 38107

  BRING ALL OFFERS! Price Improvement! Find your haven in this meticulously maintained home, showcasing 2 spacious bedrooms with plush carpet, walk-in closets, and beautiful hardwood floors in common areas. With its abundance of natural light from expansive windows, a fenced in yard, covered patio and an inviting wrap around front porch, this home is the ultimate retreat for relaxation and

  Andriona Thomas Renshaw Company, REALTORS

  839 Woodlawn St, Memphis, TN 38107
• 

  

  /19

  $138,900

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

  1078 E Walthal Cir, Memphis, TN 38111

  Lovely move in ready home in East Memphis! Minutes from U of M. Recent improvements include, refinished HW floors, updated kitchen and bath. Light fixtures, and a new roof. Relax on the oversized front porch! Vacant, easy to show! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  1078 E Walthal Cir, Memphis, TN 38111
• 

  

  /22

  $166,000

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

  3831 Hermitage Dr, Memphis, TN 38116

  Discover comfort and charm in this beautifully maintained 3-bedroom, 2-bath home nestled in a quiet, established neighborhood. Featuring spacious living areas, original hardwood floors, and an updated kitchen, this home offers both character and functionality. Enjoy a large backyard perfect for entertaining or relaxing evenings. Conveniently located near schools, shopping, and major highways—this

  Marquis Jones KAIZEN Realty, LLC

  3831 Hermitage Dr, Memphis, TN 38116
• 

  

  /15

  $165,000

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

  760 E Mckellar Ave, Memphis, TN 38106

  Newly renovated in 2024, this 3 bedroom/ 2 full bath home is a MUST SEE! A yard lover's dream with plenty of room for backyard entertaining or patio relaxation. Great for 1st time homebuyers or investors. Tenant occupied until August 2025 @ $1200/mth. Please do not disturb the tenant. Call agent for showings prior to August 2025. Sentrilock Box will be available August 2025, appointments through

  Toyraine Smith Grand Point Realty, LLC

  760 E Mckellar Ave, Memphis, TN 38106
• 

  

  /9

  $109,900

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

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  Jason Miller eXp Realty, LLC

  3421 Piney Woods Ave, Memphis, TN 38118
• 

  /2

  $185,000

  • 2 Beds
  • 1 Bath
  • 2,136 Sq Ft

  5655 Myers Rd, Memphis, TN 38115

  Amazing Duplex! Rented $1925 PER MONTH—COMBINED- 2 Year leases until October 2026. New Bathroom, New interior paint and flooring in 2024. Painted Kitchen cabinets, new hardware. Excellent cash flowing property in great rental market. No Wholesale or owner finance offers. DO NOT DISTURB TENANTS, inspections with accepted offer only. Lease in documents section.

  Brett Bernard The Stamps Real Estate Company

  5655 Myers Rd, Memphis, TN 38115
• 

  

  /9

  $144,900

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

  5647 Maple Tree Dr, Memphis, TN 38115

  DO NOT DISTURB TENANTS. DRIVE BY ONLY, INTERIOR INSPECTION ONLY AFTER A FULLY BOUND CONTRACT IS IN PLACE, AS IS SALE ,3 BEDROOM 2 BATH . TENANT IS MONTH TO MONTH , RENT IS $1200

  Ana Dohogne KAIZEN Realty, LLC

  5647 Maple Tree Dr, Memphis, TN 38115

Showing Results 281 - 320, Page 8 of 18