ORANGE MOUND Homes under $200,000

ORANGE MOUND Homes under $200,000

Welcome to Orange Mound, a vibrant and historic neighborhood nestled in the heart of Memphis, Tennessee. Known for its rich cultural heritage and strong community spirit, Orange Mound offers an inviting atmosphere for families, young professionals, and everyone in between. This charming subdivision is one of the oldest African American neighborhoods in the United States, boasting a deep-rooted history that adds to its unique character.

One of the most appealing aspects of Orange Mound is its affordability. Here, you can find a variety of homes priced under $200,000, making it an excellent choice for first-time homebuyers or those looking to invest in a promising area. These homes often feature classic architectural styles, spacious yards, and the potential for personalization to suit your taste. With a mix of single-family homes and bungalows, there’s something for everyone in this welcoming community.

Living in Orange Mound means enjoying the convenience of nearby amenities, including parks, schools, and local shops. Residents can take advantage of the area's rich community programs and events, fostering a sense of belonging and connection. Plus, with downtown Memphis just a short drive away, you’ll have easy access to the city's vibrant arts scene, delicious dining options, and exciting entertainment venues.

If you’re searching for an affordable home in a neighborhood that celebrates its heritage while looking toward the future, Orange Mound is the perfect place to call home. Discover the charm and potential of this remarkable community today!

Newest ORANGE MOUND Homes under $200,000

2452 Saratoga Ave, Memphis
$120,000
1 Beds ⋅ 1 Baths ⋅ 10231640 MLS
INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% rule. Both units leased at $700/month. Memphis continues to attract investor demand due to affordable price points and solid rent-to-price ratios. No assignable offers. No seller financing. Drive by only. Do not disturb tenants. Showings only with accepted contract.

2452 Saratoga Ave, Memphis
1576 David St, Memphis
$78,900
2 Beds ⋅ 1 Baths ⋅ 10231302 MLS
Opportunity awaits at 1576 David St in Memphis. This 2-bedroom, 1-bath single-family home offers an efficient floor plan, hard-surface flooring, central heating and air, an updated kitchen with shaker-style cabinetry, and a spacious fenced backyard with additional storage. With an estimated rental range of $875–$910 per month, the property offers potential gross rental income of approximately $10,500–$10,920 annually, making it an attractive option for investors looking to add an affordable rental property to their portfolio. The combination of manageable size, rental potential, and functional living space also provides flexibility for buyers seeking a primary residence. Schedule your showing and explore the possibilities at 1576 David St.

1576 David St, Memphis
3014 Spottswood Ave, Memphis
$75,000
3 Beds ⋅ 1 Baths ⋅ 10231228 MLS
TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $995/month, lease ends 6/2/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Contact a local realtor and make your offer today!

3014 Spottswood Ave, Memphis
2933 N Radford Rd N, Memphis
$96,000
2 Beds ⋅ 1 Baths ⋅ 10230769 MLS
Contact 9018319661 for showing Vacant single-family home in an established Memphis rental pocket just off Park Ave, minutes from the University of Memphis Park Avenue campus, Audubon Park, and easy access to Lamar Ave and I-240. Delivered vacant — the buyer sets the rent and picks the tenant. No inherited lease, no below-market rent to work around. Ideal for an investor who wants to place their own tenant at today's market rate, or for an owner-occupant looking for a value-add in a walkable, centrally located neighborhood. Comparable homes in the area are leasing in the $900–$1,100/month range, giving a straightforward path to stabilization. Part of a 6-Property Portfolio The seller is divesting his entire Memphis portfolio. This property can be purchased individually or bundled with the rest of the package: 3133/5 Nathan Ave — 38112 1624 Mary Dr — 38111 4498 Suncrest — 38127 821 Carol Ann Cove — 38127 2933 N Radford Rd — 38114 3239 Nathan Ave — 38112

2933 N Radford Rd N, Memphis
2606 Deadrick Ave, Memphis
$105,000
1 Beds ⋅ 1 Baths ⋅ 10230418 MLS
This great brick investment, 2-bedroom 2 bath duplex will not last long. Each side is 1bed 1bath. This is fully occupied. Please do not disturb tenants. Inspection with accepted contract. Please submit offer subject to viewing. Units might vacant so check with listing agent. All offers must have proof of funds or bank letter. EM to be held by listing agents closing attorney.

2606 Deadrick Ave, Memphis
770 Brower St, Memphis
$140,000
1 Beds ⋅ 1 Baths ⋅ 10230150 MLS
Investor Special! Duplex available in desirable zip code and priced to sell. Fully occupied but one tenant moving the end of September. One side pays $670 and lease is up May 2027. The side vacating pays $725. Do not disturb tenants. Call listing agent for details. Access upon accepted offer.

770 Brower St, Memphis
785 Marianna St, Memphis
$175,000
4 Beds ⋅ 2 Baths ⋅ 10229970 MLS
Affordable living in an established neighborhood, this newly built home brings comfort, style, and value together in one inviting package. Offering 4 bedrooms and 2 full baths, this thoughtful layout is perfect for everyday living and room to grow. You’ll love the wood laminate flooring throughout, bringing a clean and polished look to every space. The modern kitchen features beautiful granite countertops and large shaker cabinets, giving you both durability and timeless appeal. A wonderful opportunity to own new construction. This is a great opportunity for owner occupants and investors.

785 Marianna St, Memphis
1459 Hamilton St, Memphis
$110,000
3 Beds ⋅ 1 Baths ⋅ 10229576 MLS
Welcome home to this cozy traditional residence filled with natural light and thoughtfully designed for comfortable living. Situated on a desirable corner lot, this well-maintained home features 3 bedrooms, 1 full bath, a spacious great room, and an inviting eat-in kitchen—offering just the right amount of space for a homeowner or investor. The home features a newer HVAC system installed in 2023, along with well-maintained interiors that are move-in ready and waiting for your personal touch. Whether you’re looking to expand your investment portfolio or searching for a place to call home, this property offers an excellent opportunity. Conveniently located near shopping, dining, and major transportation routes, with easy access to the I-240 loop, making your daily commute and errands a breeze. Don’t miss this opportunity! Call today to schedule your private tour before this charming home is sold.

1459 Hamilton St, Memphis
823 Marianna St, Memphis
$130,000
4 Beds ⋅ 2 Baths ⋅ 10229210 MLS
Beautifully renovated 4 bedroom, 2 bath home, boasts new vinyl windows, new LVP flooring, brand new appliances, kitchen cabinets and countertops! New roof, new plumbing, electrical, central heat and air system and hot water tank make this home just like new! This home will qualify for 100% financing with no PMI. Plus, a government grant up to $6000. Please call today for more info!

823 Marianna St, Memphis
2868 Choctaw Ave, Memphis
$40,000
1 Beds ⋅ 1 Baths ⋅ 10228652 MLS
Investors! Welcome to a lovely 1 Bed/1 Bath rental that is cash flowing at $695 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease is for $725/mo and runs through 10/31/2026, so don't miss this opportunity to expand your portfolio!

2868 Choctaw Ave, Memphis
839 David St, Memphis
$99,900
3 Beds ⋅ 1 Baths ⋅ 10228277 MLS
Here's your chance to own real estate in a highly desired area. Neighborhood revitalization with newly installed bike trails. Great area for investors. This property offers a low-maintenance brick exterior, 3 bedrooms, 1 bath, and a bonus room. Nice-size eat-in kitchen. There's also an extra parking pad in front of the house. Sold as is. Needs a new owner and a little TLC. Walking distance to Orange Mound Community Center & Melrose Stadium. Call for a showing today.

839 David St, Memphis
2351 E Cable St, Memphis
$140,000
3 Beds ⋅ 2 Baths ⋅ 10226954 MLS
Welcome to 2351 E Cable St! This beautifully renovated home offers a fresh, modern feel while maintaining the charm of an established Memphis neighborhood. The home has been refreshed throughout with tile and wood flooring, sheetrock walls with fresh paint, and two full bathrooms. The exterior brick has been painted for an updated, modern look that adds great curb appeal. Located on a street experiencing exciting revitalization, with several nearby homes recently renovated, this property offers a great opportunity to get into an established neighborhood while improvements continue throughout the area. Move-in ready and thoughtfully updated, this home is ready for its new owner! Tenant occupied please don't disturb.

2351 E Cable St, Memphis
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