Shelby County TN Homes under $200,000

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  /29

  $195,500

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

  839 Garland St, Memphis, TN 38107

  Welcome Home!! This cute bungalow style home has been beautifully remodeled and is just a rock throw from Crosstown Concourse and minutesaway from downtown and midtown. Refinished original hardwood floors, updated bathroom, central HVAC, roof, and hot water tank are amongst some of the manyrecent repairs. This 3Bed/1Bath with separate living & dining rooms, screened in porch, and a detached

  Darius Basken Keller Williams

  839 Garland St, Memphis, TN 38107
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  /31

  $149,900

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

  4472 Cedar Ridge Ln, Memphis, TN 38128

  Spacious and inviting 3 bedroom, 2 bath home featuring generously sized rooms and a versatile, open layout. Neutral colors throughout offer a clean, modern backdrop ready for your personal touch. Low-maintenance flooring in main living areas provides both durability and style. The kitchen boasts ample countertop space, perfect for meal prep, entertaining, or everyday living. A comfortable,

  Camela Henke Enterprise, REALTORS

  4472 Cedar Ridge Ln, Memphis, TN 38128
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  /2

  $129,900

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

  2714 Nix Cove, 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 $1,250/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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  /11

  $175,900

  • 2 Beds
  • 1 Bath
  • 1,428 Sq Ft

  1095 Garland St, Memphis, TN 38107

  EXCELLENT INVESTMENT OPPORTUNITY! Duplex Rented for $1,460/month, professionally managed. Unit 1095 is rented for $755, lease expires 7/31/2025, tenant moved in 7/22/2022. Unit 1097 is rented for $705, lease expires 8/31/2025, tenant moved in 8/3/2022. Completely Renovated in April 2022 including- brand new roof, HVAC, water heater, plumbing and electrical updates and cosmetic updates.

  Jeremy Veldman KAIZEN Realty, LLC

  1095 Garland St, Memphis, TN 38107
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  /8

  $117,900

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

  1869 S Lauderdale St, Memphis, TN 38106

  Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
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  /15

  $149,900

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  871 Creekside Dr Unit 407, Memphis, TN 38117

  Looking for a move-in ready, quiet one bedroom condo in gated community? This may be what you are looking for. Tucked away in a private area of the complex this private one bedroom, one bath offers a spacious den, separate dining room, airy kitchen and updated bath, generously sized primary bedroom with two closets, private balcony with wooded view. Low maintenance fees, community swimming

  Anna-Grace Williams Adaro Realty, Inc.

  871 Creekside Dr Unit 407, Memphis, TN 38117
• 

  

  /19

  $114,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4264 Double Tree Rd, Memphis, TN 38109

  Perfect for investor or homebuyer . Beautifully renovated 3bed, 1bath gem on a large corner lot, perfect for homebuyers or investors. Step into move in ready living with a bright open layout, updated kitchen, and modern finishes throughout. The oversized yard offers endless potential for entertaining, gardening, or future expansion. Located in a quiet, convenient neighborhood close to schools,

  Cali Neal KAIZEN Realty, LLC

  4264 Double Tree Rd, Memphis, TN 38109
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  /12

  $147,050

  • 4 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft

  578 N Hollywood St, Memphis, TN 38112

  DO NOT DISTURB TENANT. CALL FOR SHOWING. Tenant vacating 7/30. Large classic New Orleans style home...in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace and water heater. Currently rented for $1200 per month. Great family home or income producing property. SPECIAL FINANCING available--up to $25,000 (see attachment for details).

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  578 N Hollywood St, Memphis, TN 38112
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  /11

  $132,900

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

  2232 Amethyst Cove, Memphis, TN 38127

  This investment opportunity features 3 bedrooms and 1 bath. Home comes fully renovated with fresh paint throughout, new kitchen countertops, new cabinet hardware, new plumbing fixtures, central air and heat etc. Great property for an investor/renter.

  Jennifer Little KAIZEN Realty, LLC

  2232 Amethyst Cove, Memphis, TN 38127
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  /23

  $199,000

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

  1993 Higbee Ave, Memphis, TN 38104

  Come and Check out this Classic 3-Bedroom 2-Bathroom Home close to Christain Brothers University and all amenities! You will find the Enjoyment of this Property as it is Landscaped with Brick paver walkway to the fenced-in Back Yard and Back Patio! Complete with 2 Car Carport with attached Shed. Inside you will love the comfort of Antique Fixtures mixed with Modern Updates! Check out The Large

  Jennifer Clark KAIZEN Realty, LLC

  1993 Higbee Ave, Memphis, TN 38104
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  /13

  $164,900

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

  4334 Cleopatra Dr, Memphis, TN 38128

  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

  4334 Cleopatra Dr, Memphis, TN 38128
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  /12

  $115,000

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

  950 Melrose St, Memphis, TN 38114

  Grab this one before its gone. Limited renovations needed.

  Cynthia Edwards Grand Point Realty, LLC

  950 Melrose St, Memphis, TN 38114
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  /28

  $160,000

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

  1917 Walker Ave, Memphis, TN 38104

  Charming bungalow all on one level. Spacious rooms. Hardwood and tile throughout. Generous size porch with a swing. Fenced corner lot. Both bathrooms have been updated. Fully equipped kitchen includes the refrigerator. Washer and dryer are in the utility closet along with the gas water heater. The house needs cosmetic improvements and some repairs. Fabulous Cooper Young neighborhood with

  Annie Taylor Crye-Leike, Inc., REALTORS

  1917 Walker Ave, Memphis, TN 38104
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  /10

  $135,000

  • 1 Bed
  • 1 Bath
  • 1,306 Sq Ft

  1450 Oaklawn St, Memphis, TN 38114

  DUPLEX! RENTED BOTH SIDES- $1425.00. Duplex in growing 38114. New roof, Exterior Paint, New wood fence, HVAC condensers, Full interior remodel, New Kitchen and Bath. Excellent addition to your rental portfolio, excellent cash flow.

  Brett Bernard The Stamps Real Estate Company

  1450 Oaklawn St, Memphis, TN 38114
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  /8

  $185,000

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

  269 Looney Ave, Memphis, TN 38107

  Downtown Home. This home is a gem. All bedrooms are on the main level. Washer, Dryer, Electric Stove, Microwave, Refrigerator, Dishwasher, carpet, tiled floors in kitchen and baths. Downtown location close to Harbor Town, FedEx Forum, Redbirds, St. Jude, and all of the Midtown entertainment!

  Major Smith Deberry-Smith Realty LLC

  269 Looney Ave, Memphis, TN 38107
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  /7

  $125,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3276 Ashland St, Memphis, TN 38127

  Status: Fully rehabbed and ready for tenants, this property features freshly painted gray porch and stairs, driveway crack repair, cleared landscaping, and fence and stump removal. Exterior wood, lighting, and crawl space fencing have been repaired. Inside, enjoy all-new flooring with subfloor repairs, drywall and cabinet updates, door and window lock repairs, and painted/tuned kitchen cabinets.

  James Wachob Foundation Property Management

  3276 Ashland St, Memphis, TN 38127
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  /6

  $189,900

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

  4603 Deer Valley Rd, Memphis, TN 38109

  Fully modernized, rent-ready, and ideal for cash flow investment. This updated property features new security doors, mailbox, and light fixtures, full exterior paint (excluding brick), new shutters, wood and siding repairs, and fresh landscaping with mulch, flower beds, and debris removal. A new 30-year roof with drip edge has been installed, along with concrete crack repairs and pressure

  James Wachob Foundation Property Management

  4603 Deer Valley Rd, Memphis, TN 38109
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  /10

  $152,900

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

  3141 Danville Rd, Memphis, TN 38118

  Tenant in place with instant cash flow! Fully renovated and move-in ready, this home offers strong rental appeal with a new mailbox and yard trim, full exterior paint (excluding brick), black shutters, and smart locks. Updates include a new 30-year roof, repaired wood and siding, framed porch, new garage door, exterior lighting, and door weather stripping. Inside features fresh gray and white

  James Wachob Foundation Property Management

  3141 Danville Rd, Memphis, TN 38118
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  /7

  $152,000

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

  5091 Cottonwood Rd, Memphis, TN 38118

  The property has been updated with a new mailbox and house numbers, black iron paint, concrete crack repairs, curb repainting, and screen removal. Yard cleanup included mowing, trimming, and fence repairs. Interior updates feature full white painting, drywall repairs, and replacement of doors, trim, light fixtures, and appliances. Smart locks, new lighting, and plumbing fixtures were installed

  James Wachob Foundation Property Management

  5091 Cottonwood Rd, Memphis, TN 38118
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  /13

  $169,900

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

  1617 Haywood Ave, Memphis, TN 38127

  Leased property with instant cash flow! Updates include a new roof, shutters, smart-lock doors, and fresh exterior paint. Siding, windows, mailbox, and security doors repaired or replaced. Garage demo done, landscaping cleaned, trees removed, and fencing cleared. Inside features fresh paint, new LED lights, updated doors and hardware, LVP flooring, refinished hardwoods, and epoxy flooring. Fully

  James Wachob Foundation Property Management

  1617 Haywood Ave, Memphis, TN 38127
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  /9

  $142,950

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

  3585 Millard Rd, Memphis, TN 38109

  Amazing Investment Opportunity! This is a FULLY renovated 3 bedroom 2 bath home with open living area. Updated kitchen, flooring, interior and exterior paint and much more! NEW EVERYTHING! Currently tenant occupied with monthly income of $1415. Simply take a look at the pictures of this project! This is perfect for the next investor to take advantage of a dependable tenant with immediate income!

  Realis Sanders Keller Williams

  3585 Millard Rd, Memphis, TN 38109
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  /22

  $140,000

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

  686 Looney Ave, Memphis, TN 38107

  This 2 bed, 1 bath home delivers the perfect mix of comfort, location, and long-term value just one minute from the heart of Downtown Memphis. Whether you're a first-time buyer or working at St. Jude or Bass Pro, this home places you right in the path of growth. With new construction, restaurants, and major development all around, the area is rapidly transforming. Built with quality materials and

  Sabaria Dean Fast Track Realty, LLC

  686 Looney Ave, Memphis, TN 38107
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  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127
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  /23

  $159,000

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

  1212 Bristol Dr, Memphis, TN 38119

  End Unit Townhome in Chatham Village has two bedroom, one and a half baths. Excellent value, this condominium includes refrigerator, private patio for cookouts or relaxing, kitchen w/ breakfast bar opens to a dining room and large living room w/ hardwood floors down, primary bedroom has double closets, carpet upstairs, updated full bath, the laundry closet in the up foyer and there is attic space

  Amirio Armour Armour and Associates Realty L

  1212 Bristol Dr, Memphis, TN 38119
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  /13

  $195,000

  • 4 Beds
  • 2,460 Sq Ft

  877 Polk Ave, Memphis, TN 38126

  Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit

  Cali Neal KAIZEN Realty, LLC

  877 Polk Ave, Memphis, TN 38126
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  /9

  $125,000

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

  3789 Fairoaks Ave, Memphis, TN 38122

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3789 Fairoaks Ave, Memphis, TN 38122
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  /9

  $119,900

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

  1318 Glenn St, Memphis, TN 38106

  Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today!

  Ali Nawaz KAIZEN Realty, LLC

  1318 Glenn St, Memphis, TN 38106
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  /19

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  559 Hemsley Ave, Memphis, TN 38109

  Wonderful 3 bedroom 1 bathroom home with covered parking being offered at a great price. Home is in MOVE-IN CONDITION and has been well maintained. Tons of updates and special features including luxury vinyl plank flooring, new interior paint, updated kitchen and bathroom, plus gas cooking, etc. Seller open to helping with closing costs, providing a home warranty, and purchasing a brand new

  Tyler Tapley Crye-Leike, Inc., REALTORS

  559 Hemsley Ave, Memphis, TN 38109
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  /18

  $117,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3026 Johnson Ave, Memphis, TN 38112

  Lovely three bed one bath home with plenty of updates in MOVE-IN CONDITION. Exterior has low maintenance brick exterior plus security doors and small backyard (perfect for pets). The kitchen has been thoughtfully updated with newer cabinets and stainless steel appliances. The interior has an updated bathroom, luxury vinyl plank flooring, new interior paint, plus central heating and air. FHA/

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3026 Johnson Ave, Memphis, TN 38112
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  /15

  $109,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  5010 Mike Dr, Memphis, TN 38127

  ***NO CITY TAXES!!!****This beautiful home has been fully renovated! It has new paint, new flooring, new island and cabinetry in the kitchen, new bathroom tiles and vanities, new carpet, new laminate hardwood in the common areas, all appliances stay, including refrigerator, washer and dryer! This home is located in a quiet cove and has a spacious and private backyard with a shed.

  Joseph Doughton KAIZEN Realty, LLC

  5010 Mike Dr, Memphis, TN 38127
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  /8

  $100,000

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

  2176 Burnham Cove, Memphis, TN 38127

  TENANT OCCUPIED! DRIVE-BY ONLY! HOME BEING SOLD AS-IS! NO SHOWINGS WITHOUT AN ACCEPTED OFFER!! The property is presently rented out for $850 per month with an existing lease until 2/26. The home features 3bd / 1.1ba, new floors, a new HVAC system, and a new water heater installed 2/25. A 1-year home warranty is in place until 1/26 through Home Choice Warranty.

  Allen Noah KAIZEN Realty, LLC

  2176 Burnham Cove, Memphis, TN 38127
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  /9

  $115,000

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

  3092 Johnson Ave, Memphis, TN 38112

  Move-in ready 3-bedroom, 2-bath home in a fast growing Memphis neighborhood. Ideal for an owner-occupant or investor seeking day one cash flow with strong upside potential. Easily convert the second front room into a 4th bedroom for added value. Conveniently located within walking distance to major new developments currently under construction including the new Lester Community Center, a 219-unit

  Michael Valenza eXp Realty, LLC

  3092 Johnson Ave, Memphis, TN 38112
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  /17

  $115,000

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

  3602 Gowan Dr, Memphis, TN 38127

  Investor Alert! No Sign on property. VERY RARE almost 3⁄4 Acre rental property with 1 RENOVATED Bath! 3 Large Bedrooms! Kitchen w/16 Cabinets and Eat-In area. Laundry Room. Lot Size is 70/79.39 X 154.76/148.56 - .71 Acre...and everyone else has well under that. So, if you’re looking for open spaces, THIS IS IT!

  Elizabeth Amodeo Marx-Bensdorf, REALTORS

  3602 Gowan Dr, Memphis, TN 38127
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  /18

  $150,000

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

  2304 Longstreet Dr, Memphis, TN 38114

  Great Starter Home Opportunity! Discover the potential of this charming 3-bedroom, 2-bathroom single-family home nestled in the Parkway Woods neighborhood of Memphis. Situated on an expansive 11,325 sq ft lot, this property offers ample space for outdoor activities and future enhancements.This home boasts hardwood and tile flooring throughout, providing a warm and inviting atmosphere. The

  Richard Tatum C21 Patterson & Assoc. Real Es

  2304 Longstreet Dr, Memphis, TN 38114
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  /19

  $169,000

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

  3157 Johnson Ave, Memphis, TN 38112

  Welcome to this beautifully updated single-family ranch-style home, offering comfort, charm, and modern touches throughout. This inviting residence features spacious kitchen w/attractive countertops, modern cabinetry, and lovely LVP flooring. Sizeable bedrooms w/ceiling fans offer plenty of room and additional storage space. Primary bedroom features private bath. Step outside to a generously

  Christopher Stjernholm Trelora Realty

  3157 Johnson Ave, Memphis, TN 38112
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  /17

  $165,000

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

  1031 June Rd, Memphis, TN 38119

  The most adorable unit in wonderful gated Poplar Place condominiums in the heart of east Memphis! Features include brand new carpet, light neutral colors and decor, cool kitchen and bathroom updates, private fenced patio, lots of closet and storage space, gated parking, neighborhood pool and more. Convenient location, close to shopping, restaurants, and interstate access. Come see!

  Mindy Wagerman Marx-Bensdorf, REALTORS

  1031 June Rd, Memphis, TN 38119
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  /24

  $119,900

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

  475 N Highland St Unit 10J, Memphis, TN 38122

  Brilliant 10th floor Northwest facing condo with balcony that overlooks both the condo's pool and Chickasaw Country Club. Balcony accessible from both the living room and the second bedroom. All new paint in this 2 bedroom, 2 bath unit on the 10th floor of the unique Fairway Towers. Complex includes a swimming pool, gym, and grilling areas around pool deck. Each unit has a storage closet in the

  Donnie Morrow eXp Realty, LLC

  475 N Highland St Unit 10J, Memphis, TN 38122
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  /2

  $119,900

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

  1975 Wellons Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1975 Wellons Ave, Memphis, TN 38127
• 

  /2

  $100,000

  • Land
  • 0.71 Acre
  • $140,845 per Acre

  707 Craft Rd, Memphis, TN 38116

  Prime opportunity in Memphis! This .717-acre corner lot at 707 Craft Road offers excellent visibility and access—perfect for a variety of potential uses. Zoned for residential or possible commercial development (buyer to verify), this spacious parcel is ideal for a custom home, duplex, small business, or even a community-focused project like a daycare or place of worship. Located in an

  Romond McClinton Crye-Leike, Inc., REALTORS

  707 Craft Rd, Memphis, TN 38116
• 

  

  /7

  $197,000

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

  2980 Ridgeway Rd, Memphis, TN 38115

  Spacious and well-located, this 4-bedroom, 2-bath home in the heart of Hickory Hill offers nearly 2,000 sq ft of living space and perfect for families or investors looking to invest in an area with strong rental demand being located approximately 5 miles from the Fed Ex headquarters.

  Ashley Claunch Premier Realty Group, LLC

  2980 Ridgeway Rd, Memphis, TN 38115

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