$182,553Average Value$144Average Price per Sq Ft70Homes For Sale
Colonial Acres has suburban character near East Memphis amenities
The Memphis neighborhood of Colonial Acres is one of several middle-class suburbs that sprang up in this area in the middle of the 20th century. Today, it still has a throwback feel. It’s a quiet, leafy neighborhood, with tall oaks shading most homes. But it also features a convenient location near commuting routes and East Memphis ’ shopping and parks. Homebuyers are drawn to the combination of suburban comfort, nearby amenities and relatively affordable prices.
Ranch-style home prices are affordable enough for first-time buyers
Colonial Acres is mostly suburban, quiet and green — when the community was being built, developers planted two oak trees on every lot. Homes are ranch-style, with prices ranging from just below $100,000 to the upper $300,000s. About half are owner-occupied, with the rest rented. But the area tends to be popular with first-time homebuyers. “When I have young people that are looking for their first real estate purchase, and they ask me where’s the place to go, I tell them Colonial Acres,” says Steve Boysen, a broker with Crye-Leike who has worked in the Memphis region for 40 years.
Ranch-style homes are abundant in Colonial Acres.
Spacious ranch-style homes sit on woodsy lots in Colonial Acres.
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Local schools are walkable, including a top-rated private option
Colonial Acres is in the Memphis-Shelby County Schools district. A few schools are located in the neighborhood and are walkable, like Willow Oaks Elementary School, Colonial Middle School and Overton High School. The district also offers a school choice application process. But the neighborhood is also home to a top-rated private school, the Harding Academy of Memphis. It teaches kids from prekindergarten through 12th grade and has a student-teacher ratio of less than 10-to-1.
Students in Colonial Acres begin their education at Willow Oaks Elementary.
Colonial Middle is the next stop for students in Colonial Acres.
Overton High School shows off their school spirit.
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Shopping centers nearby around Poplar Avenue
There’s a shopping center on Quince Road with a Superlo Foods, plus plenty of fast food and specialty stores on Getwell Road. But the Poplar Avenue corridor is where you can find most of the shopping and dining. The Eastgate Shopping Center across the street from the neighborhood has tons of retail, like Michaels and T.J. Maxx. The Fresh Market sells groceries, and Kroger is on the other side of the shopping center. Gibson’s Donuts is right there too — it’s a local favorite.
Gibson's Donuts has been a staple of Colonial Acres since 1967.
The Eastgate Shopping Center offers a variety of retail options, such as Michaels.
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Walkable neighborhood parks, and things to do at Audubon Park
Most people who live in Colonial Acres have a park within walking distance. Godwin Park and Marquette Park are each pretty standard neighborhood parks, with playgrounds, walking paths and open fields for sports. Willow Park has a little more to it; there are several baseball and softball fields, plus a full-sized soccer field. It’s the home base for a lot of Memphis youth sports programs. The Marion Hale Community Center is also located at Willow Park, with an indoor gym and an outdoor community pool open over the summer. But the nearby Audubon Park is popular too, and it has a ton of things to do:
The Links at Audubon, a public golf course
The Leftwich Tennis Center, with over 30 indoor and outdoor courts
The Memphis Botanic Garden, which offers 96 acres of gardens
Radians Amphitheater, a concert venue that holds over 7,000 people
Take the kids to the playground at Godwin Park in Colonial Acres.
The Memphis Botanic Garden features a peaceful Japanese garden.
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Drivers have a convenient commute Downtown via I-240
It’s an easy commute from Colonial Acres to Downtown Memphis. Interstate 240 is on the neighborhood’s edge, and there are several access points. The highway leads most of the 14 miles into Downtown. “The interstate loop is definitely the better way to go. Traffic can be congested in a lot of areas of town,” says Jordan Ray, a Realtor with eXp Realty and a lifelong resident of the Memphis area. “But if you compare Memphis and its congestion with Atlanta, Georgia, or Chicago, … it’s nowhere near in comparison to what those cities are.”
Jobs also cluster near Memphis International Airport, which sits 8 miles away. People mainly drive in Memphis, but lots of East Memphis roads have bike lanes, and a couple of bus routes run through the area.
Colonial Acres is served by the Memphis Area Transit Authority.
Residents of Colonial Acres are about 8 miles away from the Memphis International Airport.
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Colonial Acres stands out with events like the Italian Festival
Like other nearby neighborhoods, there’s a voluntary community organization. The Colonial Acres Neighborhood Association covers the neighborhood, and lots of residents pay the annual $20 dues to help organize events and maintain the neighborhood. Yearly events include holiday celebrations like the Christmas parade, but the biggest is the Memphis Italian Festival. It’s held each May in Marquette Park and has games, live music and cooking demonstrations.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Colonial Acres Demographics and Home Trends
On average, homes in Colonial Acres, Memphis sell after 66 days on the market compared to the national average of 55 days. The median sale price for homes in Colonial Acres, Memphis over the last 12 months is $197,000, up 4% from the median home sale price over the previous 12 months.
Colonial Acres Home with great updates! Roof 2023, NEW HVAC 2022, Ductwork replaced 2025, New double-paned noise-reduction, energy saving WINDOWS throughout 2025, New Water Heater 2025, Main water line replaced to the house, new hard water filter. Updated kitchen with stainless steel appliances, farmhouse stainless sink, granite countertops, and tile. Hardwood floors throughout. Fully updated
Up to $7,500 in closing costs from Renasant Bank or seller-paid. MUST SEE beautiful ranch-style home in Colonial Acres! Featuring an open layout, hardwood floors, spacious bedrooms, and a large backyard, this home has plenty to love. The kitchen was completely renovated in 2023 and features quartz countertops and stainless steel appliances that remain. Other highlights include an updated
Freshly Renovated! – 4910 Helene Rd, Memphis, TN 38117 Don't miss this freshly renovated East Memphis gem located in the highly desirable Colonial Acres area. This attractive 3-bedroom, 1-bath brick home combines modern updates with classic charm, making it an excellent addition to any rental portfolio or a perfect move-in-ready home for an owner-occupant. Recent renovations provide a clean,
Welcome home to this beautifully maintained 3-bedroom, 1.5-bath home that offers the perfect blend of comfort, style, and low-maintenance living. The inviting layout features a cozy living room, an updated full bath, a refreshed kitchen, and a generously sized laundry room that adds everyday convenience. Hard-surface flooring throughout creates a seamless, modern look while making upkeep a
INVESTMENT OPPORTUNITY—BRING ALL OFFERS! Add this tenant-occupied property to your rental portfolio or explore the potential for a future renovation/flip. Conveniently located near Harding Academy, the University of Memphis, shopping, dining & major thoroughfares. Offering over 2,250 SF (per tax assessor), this spacious home features 4 BRs, 3 full BAs, a large family room & sunroom—providing
Welcome home to this beautiful brick ranch in Colonial Acres where the charm starts at the covered front porch and carries out to a private, fenced backyard where a 12x16 stained deck sits under a cedar pergola with cafe lights. Inside, hardwood floors run through every room, crown molding tops the main living spaces, and the open living and dining room leads right out to the deck. The kitchen
Special financing available on this Colonial Acres dollhouse nestled on a sweet, inviting street! Please ask your agent for information regarding $6750 down payment or closing cost assistance. Free money! Home also qualifies for a reduced interest rate featuring a lender paid 2 point buy down. This delightful 3-bedroom, 2-bath home blends classic charm with thoughtful updates and is truly move-in
Rare find in East Memphis! Built in 2020, this modern home offers a hard-to-find newer build in an established neighborhood where most homes date back to the 1950s. Step inside to a bright, open floor plan where the kitchen flows seamlessly into the living room. The kitchen features high-end cabinetry, sleek quartz countertops, and stainless steel appliances. Main-level highlights include fresh
Cute and Cozy Bungalow Lifestyle. Check out this recently rehabbed home! 2 bed/1 bath, very nicely done! In the sought after neighborhood of Colonial Acres. Great starter home, empty nesters, or Investment. Currently tenant occupied, Showings available upon accepted offer to purchase.
Completely renovated home for sale in desirable Colonial Acres neighborhood! Spacious home with 4 bed and 2 full baths! Bonus room off the kitchen and nice backyard for entertaining! Ideal for anyone looking for low maintenance! Will go VA or FHA. Call listing agent for details.
Home presents a true full-gut renovation project for experienced investors, contractors, or fix-and-flip specialists. addition shows stud work and framing, offering a complete blank canvas with no guesswork needed for demo work. The property requires improvements throughout, including full mechanical system installations (HVAC, electrical, plumbing), dry walling, new flooring, and complete
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple!This 4-bedroom, 2-bathroom rental home in Memphis, TN, might be the perfect fit for your lifestyle. Relax and
Reduced Rents!Discover our recently renovated affordable apartment homes that offer spacious 1, 2, and 3-bedroom floor plans. The apartments feature a well-equipped kitchen with a stove, refrigerator, dishwasher, and garbage disposal. All units have plank flooring and central heating and air conditioning. The community has large courtyards, an on-site laundry facility, and is
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple!This 4-bedroom, 2-bathroom rental home in Memphis, TN, has a lot to offer; does it check all your boxes?
Discover this 3-bedroom, 1-bath home in Memphis, TN, offering central air conditioning and convenient in-unit features. The property includes a dishwasher, washer/dryer hookups, and an online portal for rent payments and maintenance requests. Residents benefit from a move-in concierge, filter delivery, a resident rewards program, credit-building opportunities, and included renters insurance. Pets
LISTING PHOTOS SHOWS STAGED FURNITURE; NO FURNITURE INCLUDED IN LEASE This welcoming single-family home features two bedrooms and one bathroom, perfect for anyone looking for comfort and convenience. - Gas range and refrigerator included - Central cooling and forced air heating - Carpet and tile flooring - Laundry hookups available - Patio and fenced yard -
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple!This 3-bedroom, 1.5-bathroom rental home in Memphis, TN, may be the right place for you. Enjoy outdoor living
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple!This 3-bedroom, 1.5-bathroom rental home in Memphis, TN, has a lot to offer; does it check all your boxes?
Wow great home in Colonial Acres! This beauty sports fresh paint, LVT flooring, updated kitchen, fixtures and so much more! Lots of room to entertain with a den and living room! Oversized workshop with roll up door! Washer, Dryer and Refrigerator included!
HABLAMOS ESPANOL!!!:) Enjoy the benefits of a fully renovated interior, BRAND NEW STOVE, generous square footage, and comfortable living spaces designed to fit today's lifestyle. This home is perfect for a growing family. STOVE INCLUDED Schedule your showing today and come see everything this beautiful home has to offer! REQUIREMENTS: -You must make 3X the rent amount & show proof
Looking for a home with room to spread out? This spacious 5-bedroom, 2-bathroom two-story home offers a living space with a comfortable layout and plenty of room for everyday living. The home features beautiful hardwood flooring, an eat-in kitchen, and central heating and air. The kitchen opens into the living area, creating a welcoming space for cooking, dining, and entertaining. Outside, enjoy
Make yourself at home in 1802 Dorrie Lane, featuring a spacious back deck, perfect for relaxing, entertaining, or enjoying the outdoors. The home also offers a 1-car garage with a driveway for convenient parking, along with washer and dryer hookups. With comfortable living spaces and practical amenities, this home is ready for its next residents. Families will appreciate being near well-known
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