Homes for sale under $200k in Memphis, TN

Homes for sale under $200k in Memphis, TN

Great Investment Opportunity! This duplex currently has one side occupied and one side that is ready for an investor to rent out. Unit 2661 is occupied by a tenant who is on a lease until 12/31/2025 and they are paying $750 per month. This property was newly renovated in 2021, and a new furnace, central A/C, and hot water heater were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Homes for sale under $200k in Memphis, TN

Charming 3 bedroom 2 bath low-maintenance brick home with fresh updates inside and out. The exterior and interior have been freshly painted in modern, neutral colors, creating a clean and inviting look. Inside, new luxury vinyl plank flooring runs through all main living spaces for style and durability, while the bedrooms feature plush new carpet and pad for comfort. The kitchen shines with new stainless steel appliances—including stove, dishwasher, and microwave—paired with sleek new granite countertops. Thoughtful upgrades continue throughout the home with all new light fixtures, ceiling fans, faucets, cabinet pulls, window blinds, and matching granite in the bathrooms. With i

Homes for sale under $200k in Memphis, TN

Charming and move-in ready! This well-maintained 3-bedroom home features beautiful hardwood floors throughout, offering a warm and timeless feel in every room. Two major upgrades have already been taken care of for you — a new roof (2021) and new HVAC system (2021) — giving peace of mind and helping keep future maintenance costs low. Spacious layout, great natural light, and a convenient location near shopping, schools, and interstate access. Perfect for a homeowner or investor looking for a solid, updated property. Don’t miss this one!

Homes for sale under $200k in Memphis, TN

Conveniently located just minutes from UofM, Rhodes, the medical district, and downtown, this spacious 3 BD, 2.5 BA townhome offers comfort, updates, and unbeatable proximity to the best of Memphis. Just across the street from High Point and the Greenline, you'll enjoy easy access to great dining, outdoor rec, and a lively community atmosphere. Inside, the home features a separate living room and den, and a kitchen that opens to the dining area and private fenced patio—an ideal setup for both daily living and entertaining. The roof is newer, bathrooms have been thoughtfully updated, and the electrical system has been updated throughout. Two parking spots, one covered—provide add