Memphis, TN Homes under $200,000

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  /34

  $116,875

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

  1801 S Parkway E, Memphis, TN 38114

  This fire-damaged home is ideally located just minutes from the Cooper-Young area; it's only 10 minutes from the University of Memphis campus and on the beautiful South Parkway street lined with old trees and charm. Over $40,000 in work has been done, replacing burnt framing with brand-new wood. Before the fire, there were two masters, with the second one located on the 2nd floor with its own

  

  Kristy Cannon

  Keller Williams

  (901) 660-9893

  1801 S Parkway E, Memphis, TN 38114
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  /13

  $168,000

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

  857 Pope St, Memphis, TN 38112

  This beautifully renovated and updated 3-bedroom, 2-bathroom home is centrally located—just a 10-minute drive from the Memphis Zoo, the Botanical Gardens, and all the places you’ll swear you’ll visit soon. Featuring modern upgrades throughout, this home is move-in ready—meaning you can skip the endless "weekend projects" and just enjoy your space. Schedule your showing today.

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 883-6066

  857 Pope St, Memphis, TN 38112
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  /12

  $184,000

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

  1303 Inman Rd, Memphis, TN 38111

  This 4-bedroom, 2-bathroom beauty in the sought-after 38111 zip code of Memphis is fully renovated and offers over 2,200 square feet of space—plenty of room for your Family. Two living rooms – because one just isn’t enough, plenty of space for entertaining, Backyard porch – perfect for sipping coffee, or scrolling on your phone in peace. Centrally located – so you’re never too far from the action

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 673-3528

  1303 Inman Rd, Memphis, TN 38111
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  /24

  $148,990

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

  5993 Cedarcrest Ct, Memphis, TN 38141

  This is a great investment opportunity. This 2 bedroom, 2 1/2 bathroom home is the prefect rental. Large sized rooms, Large kitchen with island for extra seating along with room for a table. Large living room with brick fireplace. Backyard is fenced. Currently rented.

  

  Kristy Cannon

  Keller Williams

  (901) 883-6913

  5993 Cedarcrest Ct, Memphis, TN 38141
• 

  

  /2

  $128,700

  • 2 Beds
  • 2.5 Baths
  • 1,501 Sq Ft

  5865 Jardin Place, Memphis, TN 38141

  Refer to RealtyBid for showing, property, and auction details.

  

  Brian Brockman

  Bang Realty

  (901) 668-7093

  5865 Jardin Place, Memphis, TN 38141
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  /2

  $127,116

  • 3 Beds
  • 1.5 Baths
  • 64 Sq Ft

  3279 Hanna Dr, Memphis, TN 38128

  See RealtyBid for property, auction, and access information.

  

  Brian Brockman

  Bang Realty

  (901) 665-2618

  3279 Hanna Dr, Memphis, TN 38128
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  /21

  $164,500

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

  5916 Noyes Ct Unit 4, Memphis, TN 38119

  CONDO LIVING AT IT'S BEST!! Come see this wonderful 2 BD 1-1/2BA FLAT located on the 2nd level. This home has an enclosed balcony/sunroom creating an extra room for an office or sitting area, LARGE DEN/DINING AREA, updated kitchen with SS appliances, LVP flooring throughout, Crown molding in dining and den, spacious primary bedroom with private bath, a half-bath and separate laundry room! CHATHAM

  

  Renee Rucker

  KAIZEN Realty, LLC

  (901) 582-5763

  5916 Noyes Ct Unit 4, Memphis, TN 38119
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  /16

  $112,500

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

  5067 Belfast Dr, Memphis, TN 38127

  Vacant and easy to show. Please see attached docs before submitting offer. Thanks!

  

  Katrina Smith

  Keller Williams

  (901) 468-4504

  5067 Belfast Dr, Memphis, TN 38127
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  /15

  $119,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  6683 Whispering Oak Place Unit 4, Memphis, TN 38120

  Welcome to 6683 Whispering Oak – a cozy second-floor condo tucked away in a quiet, tree-lined community in the heart of East Memphis. This well-maintained unit features 2 bedrooms and 1 bath, perfect for anyone seeking comfort and convenience. The primary bedroom offers ample space and natural light, while the second bedroom is ideal for a home office or nursery due to its tiny size. Enjoy

  

  Chasity Blackburn

  Blackburn & Co

  (901) 665-3756

  6683 Whispering Oak Place Unit 4, Memphis, TN 38120
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  /29

  $120,000

  • 3 Beds
  • 1 Bath
  • 2,038 Sq Ft

  1068 Oakview St, Memphis, TN 38114

  ~AS IS SALE - Priced to Sell~ *** Seller will make NO Repairs** Investors here is your Opportunity to grab a great Deal!! Property is 100% Occupied. Both Units are 2 bedrooms/1bath each side. They each are both 1 year leases. The 1068 side rents for $750, 1070 rents for $795 = bringing in $1545 per month. Property had a Light Rehab when purchased to include some flooring, bathrooms,kitchen areas

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 699-4781

  1068 Oakview St, Memphis, TN 38114
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  /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
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  /4

  $170,000

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

  3455 Rosamond Ave, Memphis, TN 38122

  Welcome to your next investment—or future headache-free home! This charming 3-bedroom, 2-bathroom house in the heart of Memphis is ready for you. The roof and HVAC are both under five years old, which means fewer surprise expenses. Recently painted with tiled and hardwood laminate flooring. Currently tenant-occupied at $1,400/month on a month-to-month lease, meaning you can either keep the rent

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 668-2502

  3455 Rosamond Ave, Memphis, TN 38122
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  /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
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  /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
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  /15

  $167,000

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

  2904 Barron Ave, Memphis, TN 38114

  This Gorgeous 3-Bed, 2-Bath Home! Fully renovated and updated—because you deserve a home that doesn’t need your DIY skills. No weird fixer-upper surprises here! A kitchen so nice, even takeout will feel guilty for showing up Two bathrooms—because sharing one should be left in the past, like dial-up internet. Cute patio out back—perfect for coffee, cocktails, or pretending to garden. This home

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 660-7511

  2904 Barron Ave, Memphis, TN 38114
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  /19

  $165,000

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

  3784 Kipling Ave, Memphis, TN 38128

  Charming 3-bed, 1-bath home in Memphis! Features a spacious living area, updated flooring, and a large backyard. Fresh paint throughout and move-in ready. Conveniently located near shopping, dining, and major highways. Great opportunity for investors or homeowners looking for an affordable, well-maintained property. Don’t miss out—schedule a showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 657-6768

  3784 Kipling Ave, Memphis, TN 38128
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  /7

  $145,000

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

  2964 S Perkins Rd, Memphis, TN 38118

  Great investment opportunity. This 3 bedroom, 2 bathroom home is the prefect rental. Hardwood floors, large open kitchen, nicely sized rooms and a fenced in back yard is perfect for entertaining. New roof. Covered parking for 2 cars and set off the street for more privacy. Tenant occupied please do not disturb the tenant.

  

  Kristy Cannon

  Keller Williams

  (901) 499-4901

  2964 S Perkins Rd, Memphis, TN 38118
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  /16

  $189,000

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

  6080 Scarlet Leaf Dr, Memphis, TN 38141

  Adorable A FRAME! Vaulted smooth ceilings, new windows throughout, NEW ROOF! 3 bedrooms, 2 full baths that are fully renovated. Main bedroom has a sliding glass door to the fully fenced backyard. Lighting package with unique chandeliers, deep black farmhouse sink with marble granite countertops. New stainless-steel appliances. The home has been fully painted both inside and out. The driveway has

  

  Chasity Blackburn

  Blackburn & Co

  (901) 657-1966

  6080 Scarlet Leaf Dr, Memphis, TN 38141
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  /27

  $168,900

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  4771 Audubon View Cir Unit 3005, Memphis, TN 38117

  A gated community, low maintenance and utilities. This charming one-bedroom retreat offers a peaceful escape with breathtaking views of a sparkling pool. Every inch of this beautifully maintained home exudes warmth and elegance, from the pristine Italian porcelain tile that graces the living, dining, kitchen, and bath areas to the thoughtful design that flows seamlessly throughout. The modern

  

  Margie Oneal

  REMAX Experts

  (901) 716-8322

  4771 Audubon View Cir Unit 3005, Memphis, TN 38117
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  /18

  $164,900

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

  1639 Kilarney Ave, Memphis, TN 38116

  PRICE REDUCTION!! COME SEE THIS BEAUTIFUL 4BD/1.5BA HOME located on a large lot in quiet neighborhood and minutes from Stateline Road in Mississippi! This home has been renovated with freshly painted interior, updated kitchen and bathrooms. New lighting and plumbing fixtures, and new LVP flooring throughout! You will enjoy the large great room that leads to the eat-in area and kitchen. The

  

  Renee Rucker

  KAIZEN Realty, LLC

  (901) 660-5952

  1639 Kilarney Ave, Memphis, TN 38116
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  /33

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,434 Sq Ft

  980 N Circle Rd, Memphis, TN 38127

  3 bedroom, 1 bath brick home on 1 level in Cedarwood subdivision, Northaven. Fresh paint throughout. New water heater installed 6 mos ago. 2 living areas and a separate dining space. Great Room is a good size, coming in at 17x13 with a nice built-in entertainment feature. City conveniences but county taxes only. No neighbors to the side or directly behind you. Workshop/storage shed off the

  

  Amy McLemore

  Total Realty Source

  (901) 660-9105

  980 N Circle Rd, Memphis, TN 38127
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  /9

  $149,900

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

  3296 Powell Ave, Memphis, TN 38122

  Welcome to this cute little bungalow located in the Highland area. Close to Midtown and downtown. Renovated/updated with granite and vinyl plank floors. Perfect for an investor opportunity with current lease in place, monthly rent is projected at $1645. Massive outdoor space with ample parking. Could be easily gated for immense privacy. Although there are many updates, being sold as is

  

  Chasity Blackburn

  Blackburn & Co

  (901) 654-2599

  3296 Powell Ave, Memphis, TN 38122
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  /28

  $144,000

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

  232 S Highland St Unit 204, Memphis, TN 38111

  3 bedroom,2 bath condo in the secure, convenient location in the Edinborough Condos. Updated in 2021 w/vinyl planked floors, new carpet, stainless appliances, new hot water heater. New kitchen cab. and quartz tops. Eat in kitchen with 2 pantries. Walk in closet in primary Very secure with doorman on duty. Pool, library, card room, exercise room amenities. HOA fees reduced by $90 after 2025.

  

  Harry Samuels

  Pinnacle Realty

  (901) 445-7509

  232 S Highland St Unit 204, Memphis, TN 38111
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  /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
• 

  

  /19

  $146,000

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

  746 Garland St, Memphis, TN 38107

  AS-IS! No wholesalers! Great Investment Opportunity in the Vollintine-Evergreen Historical District! 3bed/2bath ripe for renovation & offered at an attractive price point presents a fantastic renovation opportunity. This property invites a transformative approach with a targeted vision to realize its full potential. The seller is looking for offers with no inspection contingencies since the

  

  Jordan Ray

  eXp Realty, LLC

  (901) 446-3884

  746 Garland St, Memphis, TN 38107
• 

  

  /22

  $127,000

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

  407 S Parkway E, Memphis, TN 38106

  Cozy home boasts 2-bedrooms, 1-bath perfect for a small family or couple. Inside be greeted by a nicely renovated kitchen, tile flooring, new cabinets & countertops, kitchen appliances included. Diningroom provides an inviting space to gather with loved ones. Highlight of the home is the remodeled bathroom, tile flooring & modern fixtures. Throughout you'll find Stylish laminate floors that are

  

  Patricia Richmond-Young

  Coldwell Banker Collins-Maury

  (901) 627-3278

  407 S Parkway E, Memphis, TN 38106
• 

  /2

  $191,000

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

  5324 Yale Rd, Memphis, TN 38134

  Investor Alert: This 3 bed / 2 bath home in the Williamsburg Park subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 460-3241

  5324 Yale Rd, Memphis, TN 38134
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  /2

  $185,400

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

  2591 Bay Pointe Cir E, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Bay Point Cottage subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 902-4218

  2591 Bay Pointe Cir E, Memphis, TN 38128
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  /2

  $169,100

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

  4301 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6460

  4301 Riche Rd, Memphis, TN 38128
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  /2

  $156,800

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

  4193 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 1 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6268

  4193 Riche Rd, Memphis, TN 38128
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  /2

  $178,000

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

  724 Mcconnell St, Memphis, TN 38112

  Investor Alert: This 3 bed / 2 bath home in the Overton Park Heights subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 660-4989

  724 Mcconnell St, Memphis, TN 38112
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  /2

  $181,900

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

  887 Sumter St, Memphis, TN 38122

  Investor Alert: This 3 bed / 2 bath home in the Bomprezzi neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 716-8379

  887 Sumter St, Memphis, TN 38122
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  /2

  $189,000

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

  6519 W Chardonnay Cove, Memphis, TN 38141

  Investor Alert: This 3 bed / 2 bath home in the Country View subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 676-6171

  6519 W Chardonnay Cove, Memphis, TN 38141
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  /2

  $191,000

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

  5647 Clarke Cove, Memphis, TN 38115

  Investor Alert: This 3 bed / 2 bath home in the Heritage Colony subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof to be installed in early 2025. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 657-5146

  5647 Clarke Cove, Memphis, TN 38115
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  /2

  $183,800

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

  4864 Cloister Ave, Memphis, TN 38118

  Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 329-8300

  4864 Cloister Ave, Memphis, TN 38118
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  /2

  $100,000

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

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
• 

  /2

  $115,000

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

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  

  Harry Samuels

  Pinnacle Realty

  (901) 668-6924

  1797 Dupont Ave, Memphis, TN 38127
• 

  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 100+ Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  

  Harry Samuels

  Pinnacle Realty

  (901) 657-4105

  1862 Dupont Ave, Memphis, TN 38127
• 

  

  /16

  $100,000 Pre-Foreclosure

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

  3130 Harris Ave, Memphis, TN 38114

  BACK ON THE MARKET!!! Buyers walked away due to financing. This beautifully renovated 2-bedroom, 2-bathroom house offers modern amenities with timeless charm. Every inch of this home has been thoughtfully updated, from the brand-new kitchen to the sleek bathrooms with stylish fixtures. This home offers the perfect combination of style, comfort, and convenience. Appliance package is negotiable.

  

  Christopher Lucas

  Regency Realty, LLC

  (901) 673-9005

  3130 Harris Ave, Memphis, TN 38114
• 

  

  /7

  $190,000

  • 2 Beds
  • 1 Bath
  • 1,738 Sq Ft

  1055 Treadwell St, Memphis, TN 38122

  Drive by one side occupied. DO NOT DISTURB TENANT!! Good looking 2 bedroom, 1 bath on each side painted brick duplex with central air and heat. One side occupied to long time tenanat at $795/mo. who wants to stay. Excellent opportunity for a great investment property or live in one side and let the other side help pay the rent.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  1055 Treadwell St, Memphis, TN 38122

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