Shelby County TN Homes under $200,000

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  $162,500

  • 3 Beds
  • 2 Baths
  • 1,627 Sq Ft

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119

  This condo is an upstairs flat with a private entrance at ground level. The spaciousness of this unit allows for numerous possibilities to suit your individual lifestyle. The 2-sided fireplace between the kitchen/dining area and the living room is a wonderful feature that adds to the enjoyment of these 2 areas. There is a separate laundry area adjacent to the kitchen. Covered parking is available

  Bill Bates Crye-Leike, Inc., REALTORS

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119
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  /37

  $118,000

  $4K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 676 Sq Ft

  109 N Main St Unit 710, Memphis, TN 38103

  Welcome to this true one-bedroom high-rise condo offering comfort, convenience, and an unbeatable downtown lifestyle. This thoughtfully designed residence features a fully renovated bathroom with a new modern vanity and an updated tile shower/tub combination. Recently replaced hardwood flooring runs throughout the unit, creating a clean, cohesive look. Enjoy secure, attached parking with direct

  Tracie Gaia BHHS McLemore & Co., Realty

  109 N Main St Unit 710, Memphis, TN 38103
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $63,750 per Acre

  749 Bullington Ave, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  749 Bullington Ave, Memphis, TN 38106
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  /2

  $130,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  1236 Darlow St, Memphis, TN 38122

  Charming 3 bed 1 bath home in 38122. Features a bright living area, functional kitchen, and spacious bedrooms. Large yard perfect for outdoor living. Conveniently located near shopping, dining, schools, and major roads. Great starter or investment property. Currently occupied on a month to month lease, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  1236 Darlow St, Memphis, TN 38122
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  /19

  $159,999

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  1565 S Parkway E, Memphis, TN 38106

  Beautifully renovated 3-bedroom, 1-bath home featuring modern updates throughout! Enjoy brand-new flooring, stylish kitchen cabinets, and smooth ceilings that give the home a clean, contemporary feel. The bathroom has been fully updated with fresh finishes. Outside, you'll find a long driveway with plenty of parking-comfortably fitting up to 5 cars. This move-in ready home offers great value at

  Flor Bernal Crye-Leike, Inc., REALTORS

  1565 S Parkway E, Memphis, TN 38106
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  /2

  $5,000

  $7K PRICE DROP

  • Land
  • 16,117 Sq Ft
  • $13,514 per Acre

  41 E Brooks Rd, Memphis, TN 38109

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  41 E Brooks Rd, Memphis, TN 38109
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  /27

  $129,000

  $1K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,477 Sq Ft

  3722 Fern Ridge Rd, Memphis, TN 38115

  Located in the desirable Deer Creek community, this townhome offers a fantastic opportunity for buyers looking to add value. Featuring 2 bedrooms, each with a private bathroom, plus a half bath downstairs for guests, the layout is both functional and convenient. The home includes a spacious great room with a fireplace, wet bar, and built-in shelving, perfect for entertaining or relaxing. The

  Ben Strauch Skyline Realty

  3722 Fern Ridge Rd, Memphis, TN 38115
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  /4

  $35,000

  $5K PRICE DROP

  • Land
  • 1.02 Acres
  • $34,314 per Acre

  3429 Range Line Rd, Memphis, TN 38127

  Beautiful lot in the city limits. High traffic area with the possibility of changing to commercial use. Motivated Seller BRING ALL OFFERS!!!

  Timika Montes de Oca Adaro Realty, Inc.

  3429 Range Line Rd, Memphis, TN 38127
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  /34

  $99,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,681 Sq Ft

  1947 Tulsa Ave, Memphis, TN 38127

  This 1,681 sq. ft. single-story residence in the Minor Terrace subdivision offers a versatile and spacious layout. The interior features four well-proportioned bedrooms and two full bathrooms, including a primary suite with a tile-floored bathroom and a 27x11 family rm. The heart of the home includes an updated kitchen and a separate den that provides flexible space for a home office, recreation,

  Alexis Martz Trelora Realty

  1947 Tulsa Ave, Memphis, TN 38127
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  /21

  $175,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,684 Sq Ft

  4326 Ann Arbor Ln, Memphis, TN 38128

  Tucked away in a quiet neighborhood, this charming brick home offers 3 bedrooms and 2 full baths with plenty of space to enjoy. The home features a single-car carport and a large backyard complete with an open patio and storage shed—perfect for relaxing or entertaining. Inside, you'll find a welcoming living room and dining room just off the entry. The spacious kitchen offers ample cabinet and

  Adrian Adair-Boyland REMAX Experts

  4326 Ann Arbor Ln, Memphis, TN 38128
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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
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  /3

  $10,000

  • Land
  • 3,484 Sq Ft
  • $125,000 per Acre

  1329 Michigan St, Memphis, TN 38106

  Prime opportunity to build in an established South Memphis neighborhood! This vacant residential lot offers a great opportunity for builders, investors, or future homeowners looking to create something new. Conveniently located with easy access to major roadways, schools, and local amenities. Utilities available in the area (buyer to verify). Whether you're planning a primary residence or

  Donnie Morrow eXp Realty, LLC

  1329 Michigan St, Memphis, TN 38106
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  /8

  $79,000

  • 3 Beds
  • 1.5 Baths
  • 1,312 Sq Ft

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115

  Package sale 3755 & 3760 Cambridge Station Dr.

  John Cornes Braden, Braden & Braden LLC

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115
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  /34

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,018 Sq Ft

  1100 Western Park Dr, Memphis, TN 38109

  Welcome home to this charming 3-bedroom, 1-bathroom ranch-style residence located in the heart of the established Westwood neighborhood. Built in 19971 and spanning 1,018 square feet, this detached single-family home offers a functional, efficient layout. The interior features a welcoming living area and a bright, practical kitchen space, providing a solid foundation for your personal style and

  Christopher Stjernholm Trelora Realty

  1100 Western Park Dr, Memphis, TN 38109
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  /15

  $65,000

  • 2 Beds
  • 1.5 Baths
  • 1,218 Sq Ft

  3111 Linda Dr, Memphis, TN 38118

  2 bedroom, 1.5 bath home being sold as is

  Amy Hill Fast Track Realty, LLC

  3111 Linda Dr, Memphis, TN 38118
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  /7

  $180,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,024 Sq Ft

  3741 Faxon Ave, Memphis, TN 38122

  Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3741 Faxon Ave, Memphis, TN 38122
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  /18

  $185,900

  • 3 Beds
  • 2.5 Baths
  • 1,622 Sq Ft

  3173 Tulip Poplar Dr Unit 5, Memphis, TN 38115

  Discover this thoughtfully updated condo, offering a practical blend of style and convenience. Designed for a turn-key lifestyle, the home features a refreshed interior with contemporary updates that prioritize everyday functionality and comfort. The kitchen serves as a reliable centerpiece, featuring durable granite countertops and a suite of new stainless steel appliances. The ample counter

  Carl Purifoy Home Boss Realty

  3173 Tulip Poplar Dr Unit 5, Memphis, TN 38115
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  /11

  $175,000

  $10K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,313 Sq Ft

  7786 Shamrock Rd, Millington, TN 38053

  Wonderful opportunity at a fantastic price so better hurry! Home offers a circle driveway for ample parking, fenced yard with level lot, extra large covered patio for entertaining. There are 3 bedrooms and 1.5 baths with attached 2 car garage. Vinyl flooring, 8x10 laundry room, and very spacious. Nothing beats it in the area. Better hurry! Previous contract failed due to financing.

  Angie Kelley Compass RE

  7786 Shamrock Rd, Millington, TN 38053
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  /16

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  1593 E Holmes Rd, Memphis, TN 38116

  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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1593 E Holmes Rd, Memphis, TN 38116
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  /27

  $149,900

  $25K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,600 Sq Ft

  3570 Hallbrook St, Memphis, TN 38127

  ****NO WHOLESALERS!!*** Charming 3BR/1.5BA home on a large lot featuring original hardwood floors, an inviting living room, cozy den, eat-in kitchen, and laundry room. Updates include new countertops, flooring, and fresh paint. New carport slab poured; stove and dishwasher to be installed prior to closing. Great opportunity in a prime location—won’t last long! All offers must include proof of

  Tonji Cromwell eXp Realty, LLC

  3570 Hallbrook St, Memphis, TN 38127
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  /2

  $42,500

  $5K PRICE DROP

  • Land
  • 15,246 Sq Ft
  • $121,429 per Acre

  0 Stage Center Cove, Bartlett, TN 38134

  Drastic Reduction!!! Prime cove lot in the heart of Bartlett! Excellent location just one block off Stage Rd on Stage Center Cv. Ideal location for office building. Priced to sell!

  Jim Norman Keller Williams

  0 Stage Center Cove, Bartlett, TN 38134
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  /2

  $5,000

  $2K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $31,250 per Acre

  268 E Olive Ave, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  268 E Olive Ave, Memphis, TN 38106
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  /15

  $84,900

  $15K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,251 Sq Ft

  2618 Durham Ave, Memphis, TN 38127

  Located in the established community of Frayser, this 4-bedroom, 1.5-bath home offers strong potential for investors or buyers looking to add value. Conveniently situated near major employers, including Nike and Amazon, this property is ideal for rental income or a strategic portfolio addition. The home features three bedrooms downstairs, providing a functional and flexible layout. Durable LVP

  Ben Strauch Skyline Realty

  2618 Durham Ave, Memphis, TN 38127
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  /15

  $104,900

  $10K PRICE DROP

  • 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
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  /4

  $190,000

  • Land
  • 19.27 Acres
  • $9,860 per Acre

  0 McCalla Rd, Millington, TN 38053

  **BACK ON THE ACTIVE MARKET - BUYER WASN'T ABLE TO OBTAIN FINANCING** Looking for land right on the Tipton/ Shelby County line? This is it! Perfect, convenient location. Current planted crops will stay with the seller.

  Christine Christmas Covington Realty & Auction LLC

  0 McCalla Rd, Millington, TN 38053
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  /6

  $74,900

  $4K PRICE DROP

  • Land
  • 10,890 Sq Ft
  • $299,600 per Acre

  920 N Front St, Memphis, TN 38107

  New Price Alert!!! Great lot for future growth of downtown Memphis. Zoned I-L (EMP), perfect for industrial, storage, or flex space use. Excellent opportunity for investors looking to capitalize on the continued expansion and redevelopment of the downtown corridor. Prime location near downtown with strong potential for future appreciation.

  Evett Furr D. C. A. Realty, LLC

  920 N Front St, Memphis, TN 38107
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  /22

  $129,900

  • 1 Bed
  • 1.5 Baths
  • 946 Sq Ft

  4400 Poplar Ave Unit 21, Memphis, TN 38117

  Welcome to the Marsonne! This property is in the heart of East Memphis. Close to shopping/restaurants, the interstate. This gated community has a community pool as well. No rentals allowed. Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  4400 Poplar Ave Unit 21, Memphis, TN 38117
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  /32

  $169,500

  • 3 Beds
  • 2 Baths
  • 1,291 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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  /13

  $100,000

  • 3 Beds
  • 1 Bath
  • 838 Sq Ft

  1871 Gooch Rd, Memphis, TN 38109

  Charming 4-bedroom, 1-bath home situated on a spacious 1.3-acre lot. This property offers a beautifully updated kitchen and bathroom, blending modern convenience with comfortable living. All flooring throughout the home is durable and stylish luxury vinyl plank, providing a cohesive look and easy maintenance. The home also features a handicap-accessible ramp for added ease and functionality. With

  Allyson Avera Crye-Leike, Inc., REALTORS

  1871 Gooch Rd, Memphis, TN 38109
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  /2

  $5,500

  • 3 Beds
  • 1 Bath
  • 910 Sq Ft

  2426 Hunter Ave, Memphis, TN 38108

  BURN OUT- Sold As-Is

  Sonja Hester Progressive Realty Services

  2426 Hunter Ave, Memphis, TN 38108
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  /8

  $136,000

  • 3 Beds
  • 1 Bath
  • 1,034 Sq Ft

  3399 Beech Grove Rd, Memphis, TN 38118

  INVESTORS ONLY! Turnkey, tenant-occupied property generating $1,050/month with lease secured through 10/31/2026. Tenant has occupied the property since October 2024, with automatic lease renewal unless either party provides notice to terminate. Fully renovated in summer 2023, including new roof, HVAC, water heater, updated plumbing and electrical, and cosmetic upgrades. Professionally

  Jeremy Veldman KAIZEN Realty, LLC

  3399 Beech Grove Rd, Memphis, TN 38118
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  /9

  $116,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. 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 financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
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  /11

  $120,000

  $29K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,479 Sq Ft

  4639 Addington Dr, Memphis, TN 38128

  Investors only! Wonderful opportunity to buy this 3 bedroom 2.5 bathroom home in Raleigh area. Home has a nice floor plan with large den, plus primary bedroom & private bathroom downstairs and 2 large bedrooms upstairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money offers only. No wholesalers, no assignments, no blind offers. Please do all inspections up front. This property is being

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4639 Addington Dr, Memphis, TN 38128
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  /10

  $74,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,224 Sq Ft

  1997 Driftwood Ave, Memphis, TN 38127

  Great opportunity to finish and make this home your own! This 3BR/1BA property offers over 1,200 sq ft of living space with several updates already started. The kitchen and bathroom have been partially renovated, and some of the flooring has been updated, giving you a solid head start on the rehab. With the major improvements underway, this home is ready for a buyer to step in and complete the

  Will Morgan Marathon REALTORS, LLC

  1997 Driftwood Ave, Memphis, TN 38127
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  /2

  $10,000

  • Land
  • 4,791 Sq Ft
  • $90,909 per Acre

  2521 Dexter Ave, Memphis, TN 38108

  Prime Vacant Lot Opportunity in Memphis! Don’t miss this excellent opportunity to own a spacious vacant lot located at 2521 Dexter Road in the heart of Memphis, TN. This property offers the perfect setting to build your dream home or investment property in an established residential area. Zoned for single-family use, the lot provides convenient access to nearby schools, parks, shopping, and major

  Maurice Savage Sr TRG Real Estate Services, LLC

  2521 Dexter Ave, Memphis, TN 38108
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  /2

  $99,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,027 Sq Ft

  3244 Baskin St, Memphis, TN 38127

  This property is leased at $900 per month ($10,800 annually) through 04/16/2028, with a cash-on-cash return of 3.96% and a monthly cash flow of $103.16. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a consistent Memphis rental corridor. This well-kept home features a functional layout with comfortable living spaces, durable finishes, and

  James Wachob Foundation Property Management

  3244 Baskin St, Memphis, TN 38127
• 

  

  /13

  $107,000

  • 3 Beds
  • 1 Bath
  • 1,299 Sq Ft

  605 Leavert Ave, Memphis, TN 38127

  ATTENTION INVESTORS! This 3 bedroom, 1 bathroom brick home is currently rented for $950/month with a lease secured until 12/31/2026. Home was renovated in 2025 including new carpet, fresh paint, updated kitchen and bathroom, new window blinds, new plumbing and electrical fixtures, and much more! Another stable, income-producing property to add to your portfolio. Tenant ledger and maintenance

  Jeremy Veldman KAIZEN Realty, LLC

  605 Leavert Ave, Memphis, TN 38127
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  /2

  $89,000

  • 3 Beds
  • 1 Bath
  • 926 Sq Ft

  3270 Abbottsford Ave, Memphis, TN 38128

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $875/mo with a market rent of $1200. Tenant in place since 2020. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had

  William Haynes Crye-Leike, Inc., REALTORS

  3270 Abbottsford Ave, Memphis, TN 38128
• 

  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $45,000 per Acre

  0 E Alston Ave, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  0 E Alston Ave, Memphis, TN 38126
• 

  

  /5

  $142,000

  • Land
  • 20,037 Sq Ft
  • $308,696 per Acre

  421 Cassidy Ln, Collierville, TN 38017

  One of the best remaining lots in Spring Creek Ranch (Lot #250). Spring Creek Ranch is an upscale private enclave with no city taxes and built for lifestyle: enjoy the community pool, tennis courts, walking trails, and private lake. $1500 annual dues. Bring your builder and build your dream home in this tight-knight and friendly neighborhood.

  Marq Cobb Myers Cobb Realtors, LLC

  421 Cassidy Ln, Collierville, TN 38017

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