Homes in 38109 under $200,000

• 

  

  

  /14

  $130,000

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

  26 E Emory Rd, Memphis, TN 38109

  Investor Special!! Great opportunity to own a value-add property in a developing area. Situated in a coveted area known for its thriving market and growing community, this investment property is a wise choice for those seeking to capitalize on the ever-evolving real estate market. Please send proof of funds please send along with the offer. Please schedule 24 hours in advance notice tenant occupy.

  

  Lakesha Lilly Leatherwood

  The Home Partners Realty

  (901) 403-8496

  26 E Emory Rd, Memphis, TN 38109
• 

  

  

  /5

  $200,000

  • Land
  • 7 Acres
  • $27,624 per Acre

  4921 S Highway 61, Memphis, TN 38109

  This prime 7.24-acre commercial property is ideally located on a busy, high-traffic street, ensuring maximum visibility to a steady stream of potential customers. Your business will be impossible to miss! The land boasts excellent connectivity to major transportation routes and is zoned CMU-3, offering flexible options for a variety of business ventures. The opportunities here are limitless.

  

  Katrina Smith

  Keller Williams

  (901) 660-9587

  4921 S Highway 61, Memphis, TN 38109
• 

  

  

  /21

  $109,000

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

  652 Hewlett Rd, Memphis, TN 38109

  Welcome home to this beautifully maintained, move-in ready gem! Featuring a spacious split floor plan, this 4-bedroom, 2-bath home offers comfort and functionality for everyday living. The large living room is perfect for relaxing or entertaining, and all bedrooms come equipped with ceiling fans for added comfort. Step outside to your private back deck and enjoy views of a luscious, oversized

  

  Tina Andrade

  Fast Track Realty, LLC

  (901) 657-1141

  652 Hewlett Rd, Memphis, TN 38109
• 

  

  

  /12

  $184,000

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

  324 E Raines Rd, Memphis, TN 38109

  This beautifully renovated property, updated just two years ago by the previous owner, features stylish hardwood laminate and tile flooring throughout. The expansive layout includes a large, eat-in kitchen perfect for gatherings, a cozy den, and a dedicated dining area. Offering four spacious bedrooms—two on the main level and two upstairs—this home provides the perfect blend of functionality

  

  Melody Martin

  4 Success Realty, LLC

  (901) 621-5314

  324 E Raines Rd, Memphis, TN 38109
• 

  

  

  /32

  $109,800

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

  3031 Parker Rd, Memphis, TN 38109

  HERE'S A SPACIOUS SINGLE LEVEL WITH 4 BEDROOMS, 1 BATHROOM, DINING ROOM, KITCHEN AND LAUNDRY ROOM. BACK YARD HAS LOTS OF SPACE TO PARK, ENTERTAIN, OR PARK MULTIPLE VEHICLES...GREAT OPPORTUNITY FOR INVESTOR TO MAKE INCOME PRODUCING OR PERFECT FOR AN OWNER OCCUPANT LOOKING FOR SPACE TO GROW. PROPERTY RECENTLY HAD A SOFT REHAB ON THE INTERIOR and EXTERIOR COLUMNS RECENTLY ADDED. ~~HERE'S THE KICKER,

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 445-6420

  3031 Parker Rd, Memphis, TN 38109
• 

  

  /19

  $160,000

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

  36 W Emory Rd, Memphis, TN 38109

  This beautifully renovated 3-bedroom, 1.5-bathroom home offers modern comfort and style throughout. The brand-new roof and HVAC system ensure peace of mind for years to come. Inside, the open-concept living spaces are enhanced with fresh laminate wood flooring, creating a warm and inviting atmosphere. The remodeled kitchen is a true highlight, featuring sleek quartz countertops, new cabinetry.

  DeAnna Lee C21 Patterson & Assoc. Real Es

  36 W Emory Rd, Memphis, TN 38109
• 

  

  /18

  $144,900

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

  3822 Oakshire St, Memphis, TN 38109

  Absolutely great starter home for first time home buyer..brick 3 bedroom 2 baths den and single carport . First time homebuyer assistance available

  Ethel Hayes-Hollins KAIZEN Realty, LLC

  3822 Oakshire St, Memphis, TN 38109
• 

  

  /11

  $135,000

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

  10 W Mitchell Rd, Memphis, TN 38109

  Looking for all investors who want to add to their portfolio! Charming three bedroom and two bath for sale in Whitehaven near Downtown that is tenant occupied. Home rents for $1195 currently and increases in October to $1245! Lease ends in October 2026. Home is professionally managed, and tenant is current. Roof is new, AC 2021, Furnace and HWH 2023. Please call listing agent for details.

  10 W Mitchell Rd, Memphis, TN 38109
• 

  

  /10

  $145,000

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

  4470 Whitesboro Cove, Memphis, TN 38109

  Bring your buyers to see this great home with good bones and thoughtfully maintained where it matters most. The major updates are already in place with a new roof and HVAC system, both only 2 years old. This home offers more peace of mind with an existing home warranty through September 2025. Whether you're a homeowner looking to personalize your new space or an investor looking for smart

  Clarenda Hurd Keller Williams

  4470 Whitesboro Cove, Memphis, TN 38109
• 

  

  /15

  $140,000

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

  481 Clower Rd, Memphis, TN 38109

  Perfect home for first time homebuyer. This well maintained 3 bedroom, 1.5 bath brick home is move-in ready. Large fenced lot on a quiet street. Spacious living room/dining room combination and eat in kitchen. HVAC is 2 years old. The roof is in great condition. Monthly payments are cheaper than rental payments for similar properties. Invest in a home today.

  Regina Hubbard Fast Track Realty, LLC

  481 Clower Rd, Memphis, TN 38109
• 

  

  /14

  $155,000

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

  4622 Applegate Rd, Memphis, TN 38109

  Tenant Occupied home through September 2025. Tenant currently pays $1225. Home professionally managed and was turnkey in 2021. Home features a roof and AC from 2021 and furnace and HWH less than 10 years old. Ideal for an investor looking to add to their portfolio and cash flow on day 1! Call listing agent for details. Do no disturb tenants. Access upon accepted offer!

  Andrew Akins CB Properties of Memphis, LLC

  4622 Applegate Rd, Memphis, TN 38109
• 

  

  /25

  $159,000

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

  5117 Cana Rd, Memphis, TN 38109

  Charming 3-bed, 1.5-bath home with fresh updates and move-in ready appeal! Features include a bright living area, galley kitchen with white cabinets and appliances, tile floors, and a dedicated laundry room. Enjoy the fully fenced backyard with patio, storage shed, and gated carport. Covered front porch adds extra charm. Located near Coro Lake with easy lake access.

  Austin Rowe Onward Real Estate

  5117 Cana Rd, Memphis, TN 38109
• 

  

  /27

  $139,900

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

  1117 Canary Ln, Memphis, TN 38109

  Now accepting back up offers. Move in ready! This fully renovated 4bedroom 2 bath home features a new roof,fresh paint inside and out,new lvp flooring throughout, tiled bathrooms, new vanities, brand new cabinets and countertops, new stainless steel appliances, all new lighting, updated hvac and plumbing,new hot water tank, and a large fenced in backyard. Perfect for investors or makes a great

  Angie Solis C21 Patterson & Assoc. Real Es

  1117 Canary Ln, Memphis, TN 38109
• 

  

  /4

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,800+ Sq Ft

  1056 Walk Rd, Memphis, TN 38109

  Attention Investors. Great Cashflow property located at 1056 Walk Rd., rehabbed in January 2024. Located in a strong rental market. The property offers consistent subsidized income at $1,300 per month. The property is Professionally managed with a long term tenant. Tours will be provided with an accepted offer contingent on inspection.

  Tony Lavelle BHHS McLemore & Co. Realty

  1056 Walk Rd, Memphis, TN 38109
• 

  

  /23

  $139,900

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

  6 W Norwood Ave, Memphis, TN 38109

  Exciting Opportunity! This 3-bed, 2 full bath home is currently being remodeled with a one year old roof, updated bathrooms, kitchen, flooring and many more! Enjoy a fresh, contemporary feel with upgraded finishes throughout. Conveniently located near downtown Memphis and new supercomputer center in south Memphis. This home offers both style and comfort. Don't miss your chance to own this

  Ali Nawaz KAIZEN Realty, LLC

  6 W Norwood Ave, Memphis, TN 38109
• 

  

  /19

  $135,000

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

  123 E Fernwood Ave, Memphis, TN 38109

  Beautiful home on a quiet street in South Memphis. Seller would prefer a cash or conventional loan offer. This house was renovated within the last year. Its a 3 bedroom and 1.5 bathroom house. Home has been completely renovated.

  Jabari Bailey The Bailey Company Realty, Inc

  123 E Fernwood Ave, Memphis, TN 38109
• 

  

  /13

  $135,000

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

  482 Mcfarland Dr, Memphis, TN 38109

  Back on the market as buyer unable to close! Their loss is your gain. Recently appraised Feb. 2025 at $135,000. Nice almost 1 acre lot with 3 bedroom / 2 bath home and 2 storage buildings with electricity. Do not disturb or approach the seller. No creative or owner financing. Sold As-Is. This charming 3-bedroom, 2-bathroom home is a canvas waiting for the right touch. With a solid structure

  Eric Burton Burton Legacy Group

  482 Mcfarland Dr, Memphis, TN 38109
• 

  

  /10

  $130,000

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

  4922 Appleville St, Memphis, TN 38109

  Looking for a good rental? You have found it!! This property checks off all the boxes. It is located minutes from the Whitehaven area, Fairley High School, Fairley Middle School, Mississippi state line, expressway and more! New Roof in 2020, Updated Kitchen, New Flooring, Updated bathroom, Interior & Exterior painted. This property is professionally managed and the tenant pays $1,200 a month

  Verna Littleton Fast Track Realty, LLC

  4922 Appleville St, Memphis, TN 38109
• 

  

  /30

  $140,000

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

  4227 Windward Dr, Memphis, TN 38109

  Perfect for investor! Carpet has been pulled up to reveal hardwood floors, property is well kept inside and out, huge back yard, electronic iron gate to access property. Roof in very good condition!

  Leaser Coleman Empire Realty, LLC

  4227 Windward Dr, Memphis, TN 38109
• 

  

  /11

  $130,000

  • 2 Beds
  • 1 Bath
  • 1,350 Sq Ft

  284 Ingle Ave, Memphis, TN 38109

  BACK ON THE MARKET!!! NO FAULT OF THE SELLER OR THE PROPERTY!! LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! Both sides occupied with a positive monthly income $1,348. 1yr lease in place for both tenants. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO

  Stephanie Moss BEST Real Estate Company

  284 Ingle Ave, Memphis, TN 38109
• 

  /2

  $138,900

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

  4850 Leonard Rd, Memphis, TN 38109

  INVESTOR OPPORTUNITY!!!! This property features 3 bedrooms, 2 bathrooms, and is currently tenant-occupied. The lease expires on 11/30/2025 and tenants are paying $1,125/month. Professionally managed by Reedy and Company and ready to add to your portfolio! Contact the listing agent for showing instructions and additional details. Please DO NOT disturb the tenants. Located 16 minutes from Downtown

  Raven Henderson KAIZEN Realty, LLC

  4850 Leonard Rd, Memphis, TN 38109
• 

  /2

  $139,900

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

  79 E Shelby Dr, Memphis, TN 38109

  This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

  Joye Martin Miller Martin Realty

  79 E Shelby Dr, Memphis, TN 38109
• 

  /2

  $135,000

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

  5187 Sea Shore Rd, Memphis, TN 38109

  Great investment home on the shore of Robco Lake. This tenant occupied home is rented for $1,165 and have a valid less until 7/31/2025.

  Joe King Marathon REALTORS, LLC

  5187 Sea Shore Rd, Memphis, TN 38109
• 

  

  /24

  $165,000

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

  4630 Newton Dr, Memphis, TN 38109

  4 bed 2.5 bath with carport. Property has a living room, den, and mancave. Home is great for entertaining. 3 beds down, 1 up. 2 full bath and 1 half bath. Gas stove in the kitchen. Kitchen is big enough for a breakfast table. All of this on a nice size, fenced in back yard. Property selling as -is. This one is zoned for Candence 100% program.

  Antonio Walton The Home Partners Realty

  4630 Newton Dr, Memphis, TN 38109
• 

  

  /6

  $188,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  1783 Bismark St, Memphis, TN 38109

  Modern elegance meets affordable luxury in this architectural gem with soaring ceilings, glass stair railings, and designer finishes. The inimitable master suite features a wine & coffee bar and opens to a resort-style swim-out pool. Enjoy a gourmet kitchen with custom cabinetry, high-end appliances, and a bold statement island, while sunlit living spaces and rich textures create a warm,

  Ralph Harvey List With Freedom.Com, Inc.

  1783 Bismark St, Memphis, TN 38109
• 

  

  /10

  $199,000

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  327 Mcfarland Dr, Memphis, TN 38109

  Beautifully renovated 4-bedroom, 2-bath home offering comfort, style, and quality. This home features luxury vinyl plank flooring, recessed lighting, and a sleek, modern design throughout. The kitchen boasts stainless steel appliances, tile backsplash, and a built-in breakfast-height bar that connects to the dining and living areas. Both bathrooms feature designer tile and contemporary

  Melody Mitchell TRUST REALTY GROUP

  327 Mcfarland Dr, Memphis, TN 38109
• 

  

  /10

  $120,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1010 Leacrest Ave, Memphis, TN 38109

  RENTED $1250 per month, exceeds the 1% rule! Appraised for $126,000 4/15/2025. Home completely remodeled: new roof, Exterior paint, Hot Water Heater, HVAC condenser and Fence. New interior Flooring, paint, bathroom and Kitchen. Do not miss out on this one!

  Brett Bernard The Stamps Real Estate Company

  1010 Leacrest Ave, Memphis, TN 38109
• 

  

  /32

  $125,000

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

  3685 Moccasin Cove, Memphis, TN 38109

  Great Turnkey Investment or Starter Home in Whitehaven/Westwood! Recently renovated 3-bedroom, 1-bath brick home nestled in a quiet cove on a spacious 6,752 SF lot. Approx 1,200 sq ft property features tile flooring throughout (no carpet), updated white kitchen & bath (2024), ceiling fans, security doors, exterior lighting, a long driveway, and a chain-link fenced yard — perfect for pets or

  Glenn McDonald Integrated Assets

  3685 Moccasin Cove, Memphis, TN 38109
• 

  

  /18

  $117,500

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

  3066 Redbud Rd, Memphis, TN 38109

  Extremely RARE opportunity to own two separate, detached 3 bedroom, 1 bath homes on one lot! 3066 Redbud Rd. has 3 BRs. and 1.5 baths and 3068 Redbud Rd. has 3 BRs. and 1 bath. Security doors! 2 houses for the price of one! Live in one and rent the other! Or perfect for multiple family! Super opportunity for income property or excellent for in-laws! Separate meters! Nice large lot! Don't miss

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  3066 Redbud Rd, Memphis, TN 38109
• 

  /2

  $125,000

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

  3722 Hillbrook St, Memphis, TN 38109

  INVESTORS ONLY!! This 3 bedroom, 1.5 bathroom brick home has been totally refurbished and is rented for $1,025/month to a stable long-term tenant. Lease is good until 9/30/2025. Tenant moved in 10/1/2021. Roof less than 5 years old, hardwood throughout, den with fireplace, separate storage shed, convenient location! Interior pictures available upon request. Professionally managed, do not

  Jeremy Veldman KAIZEN Realty, LLC

  3722 Hillbrook St, Memphis, TN 38109
• 

  

  /8

  $125,000

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

  4335 Ford Rd, Memphis, TN 38109

  Come and check out this beautiful brick home! It’s a 3 bed 1 bath home With updates throughout. It has new flooring, fresh new look in the bathroom with new tile surround and a brand new roof. Come check this one out for yourself and be impressed! This home qualifies for 100% financing and closing costs assistance. This could be a low move-in cost option!

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  4335 Ford Rd, Memphis, TN 38109
• 

  

  /21

  $185,000

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

  113 Pettite Cove, Memphis, TN 38109

  Don’t miss this rare opportunity to own a truly move-in ready home. Schedule a tour today and see how this fresh renovation can be your next chapter in Memphis living!

  Charlene Bailey Exit Realty Blues City

  113 Pettite Cove, Memphis, TN 38109
• 

  

  /40

  $125,000

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

  1848 Blair Hunt Dr, Memphis, TN 38109

  Discover comfort and charm at 1848 Blair Hunt Drive, nestled in the heart of Memphis, TN 38109. This inviting home offers spacious living with modern updates, perfect for families or investors. Enjoy a large backyard, ideal for relaxing or entertaining, and a quiet neighborhood just minutes from parks, schools, shopping, and downtown Memphis. Whether you're looking to settle in or expand your

  Lauren Cansler Crye-Leike, Inc., REALTORS

  1848 Blair Hunt Dr, Memphis, TN 38109
• 

  

  /14

  $107,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  321 Elder Rd, Memphis, TN 38109

  Perfect home for a investor or first time home owner. Great street with new construction and rehabs. This is move in ready short of appliances.

  Joe King Marathon REALTORS, LLC

  321 Elder Rd, Memphis, TN 38109
• 

  

  /7

  $122,500

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4857 Shayne Ln, Memphis, TN 38109

  Fully renovated 3BR 1BA home to include LVP flooring, fresh paint throughout, a fenced backyard, painted cabinets and security doors.

  James Wachob Foundation Property Management

  4857 Shayne Ln, Memphis, TN 38109
• 

  

  /35

  $125,000

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

  3726 Mart Rd, Memphis, TN 38109

  4 bedroom, 2 bath house fully renovated in 2025 with upgraded plumbing, roof replaced in 2023, new windows replaced in 2025! This home has vinyl flooring for easy maintenance, no carpet in the home. Fresh Paint on the inside. The bathrooms have been completely redone. Home includes a mud room / laundry room at the back entrance where the large observation on the rear deck is overlooking the

  Donnie Morrow eXp Realty, LLC

  3726 Mart Rd, Memphis, TN 38109
• 

  

  /13

  $120,000

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

  576 Monteagle Dr, Memphis, TN 38109

  Nice 3-bedroom home. Set appointment with Brokerbay.

  Cheryl Muhammad Assured Real Estate Services

  576 Monteagle Dr, Memphis, TN 38109
• 

  

  /25

  $120,000

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

  5257 Weaver Rd, Memphis, TN 38109

  Whether looking for rental property or looking for a nice spot to build a new house, this property could be the idea location w/approximately 1.5 acres. This spacious split plan modular home w/3 bedroom, 2 baths, living & dining room combination, great room, eat-in-kitchen and laundry room has a lot of potential. The rooms are large and with repairs, upgrades, new HVAC system - could make a great

  Tjuania Redmond Lawrence Johnson, REALTORS

  5257 Weaver Rd, Memphis, TN 38109
• 

  

  /10

  $108,900

  • 3 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  160 Silverage Ave, Memphis, TN 38109

  "Fresh" Newly Renovated 3bd/1.5bth home in South Memphis Motivated Seller New Roof Here is your New Home

  Reginald RL Pruitt Assured Real Estate Services

  160 Silverage Ave, Memphis, TN 38109
• 

  

  /7

  $117,500

  • 2 Beds
  • 2 Baths
  • 800+ Sq Ft

  693 Granada Rd, Memphis, TN 38109

  This property is currently undergoing a full renovation to make turnkey ready for the next occupant.

  James Wachob Foundation Property Management

  693 Granada Rd, Memphis, TN 38109

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