$180,972Average Value$145Average 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.
View GreatSchools Rating Methodology
Are you familiar with the Colonial Acres neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Colonial Acres
US
Homicide
5
4
Sexual Assault
4
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Colonial Acres Demographics and Home Trends
On average, homes in Colonial Acres, Memphis sell after 65 days on the market compared to the national average of 56 days. The median sale price for homes in Colonial Acres, Memphis over the last 12 months is $190,000, down 3% from the median home sale price over the previous 12 months.
Welcome to one of Colonial Acres' most distinctive homes! Full of warmth, character, and thoughtfully curated design details, this move-in-ready home offers a refreshing alternative to the ordinary. The beautiful kitchen opens to comfortable living spaces designed for everyday living and entertaining. Step outside to a spacious, fully fenced backyard with room to relax, garden, or let pets play.
NOT ON A BUSY STREET! This is W. Perkins Road, not S. Perkins Road! Beautifully maintained 3BR/2BA home in the heart of East Memphis! This charming home offers gorgeous hardwood floors, newer windows, fresh paint, built-ins, & thoughtful updates throughout. The open living and dining rooms flow seamlessly together and are filled with incredible natural light, creating a warm and inviting space
Classic East Memphis charm with valuable system updates! Spacing flowing from on into the other. Enjoy two spacious living areas, two fireplaces, abundant natural light, and a functional kitchen designed for everyday living and entertaining. Recent improvements include new HVAC, new furnace, newer water heater, and new windows, offering peace of mind for years to come. The flexible floor plan
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 to market this charming home located in the sought after colonial acres community. Recently updated home offers 1310 square feet of open living space. Spacious layout includes living room complete with a wet bar perfect for entertaining. Kitchen with a granite countertops, high quality cabinets, stainless steel appliances, and a large breakfast bar with additional storage. 3 spacious
Don't miss this adorable 3-bedroom, 1.5-bath home packed with charm and updates! Featuring an updated full bath, refreshed kitchen, spacious living room, and a large laundry room, this home offers both comfort and functionality. Hard-surface flooring runs throughout the entire home for easy maintenance and a modern feel. Outside, you'll find a storage shed for extra space and a fully fenced
ABSOLUTELY, MOVE IN READY. THIS METICULOUSLY MAINTAINED CHARMER HAS IT ALL! HVAC 8 Y/O, TANKLESS HOT WATER 7 Y/O, INTERIOR PAINT AND CARPET 6 MONTHS OLD, ORIGINAL HARDWOODS UNDERNEATH, NEW ARCHITECTURAL SHINGLE ROOF, WINDOW SUNSHADES 6 Y/O, EXTERIOR PAINT 2 Y/O, ALL APPLIANCES STAY INCLUDING WASHER/DRYER AND MICROWAVE (BUT NOT WARRANTED AND ALL AGES ARE APPROXIMATE). WIRED ONE CAR GARAGE WITH
Price Improvement! Cash flowing property for sale in Sea Isle neighborhood! Home rents for $1475 and is professionally managed. Lease ends January 2027. Call listing agent for details. Do not disturb tenants and access granted upon accepted offer.
Seller willing to help with $10,000 of Buyer Closing Costs with acceptable offer! If you've been searching for a 4 bedroom home in Colonial Acres, you know they don't come along often. This charming East Memphis home offers the extra space you're looking for with a functional split-bedroom floor plan, operate laundry room, hardwood floors throughout most of the home, and updates where they matter
Charming single-family home featuring 3 bedrooms and 1 bathroom with a functional layout. Enjoy a spacious backyard perfect for outdoor activities, entertaining, or future expansion. Great opportunity.
Colonial Acres' absolute best find is back on the market! Want East Memphis? with luxury details in a moderately sized home? Here it is, a rare find! (1530 sqft) Everything updated, but no loss of charm. Dreamy, spacious kitchen, with gas cooking, stainless and quartz, tons of storage, walk-in laundry closet, pantry. Luxury primary bath with double vanity, huge glass shower and garden
Welcome to 4928 Flamingo, a fantastic opportunity located in the heart of the highly desirable Colonial Acres neighborhood. This home's unbeatable central location puts you just minutes away from everything you need. Inside this charming 3-bedroom, 1.5-bathroom home, the true centerpiece is the massive, oversized 20x20 living room. Complete with a cozy fireplace, it provides an incredibly open
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.
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
1 Month FREE RENT & 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,
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.Interested in this home? You clearly have exceptional taste. This charming 4.0-bedroom, 2.0-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and
Property Id: 2744132 Welcome to your new home at 1743 Tahiti Ln in Memphis! This charming 3 bed, 1 bath single-family unit is available starting July 14, 2026. Enjoy the convenience of included utilities and amenities like a dishwasher, washer, and dryer. Pets are welcome, and smoking is allowed outside. Don't miss out on this cozy gem!
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?
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,
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
Beautiful, pet-friendly home coming soon! Apply now — available date is tentative and move-in will be scheduled within 5–10 days of the home being ready. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $55 per adult. Security Deposit: one month's rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo),
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,
Limited Time Special Offer - Split your security deposit payment. Pay only 50% of your security deposit upfront to reserve the home, with the remaining balance due at move-in.This welcoming property offers comfortable living with spacious common areas. It features notable amenities perfect for your everyday needs.- Electric range, dishwasher, and refrigerator included- Carport
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?
Wonderful single story home close to everything Fresh Paint and Carpet One Car Carport Large Great Room Dining Room All appliances included Home is ready for Early June occupancy
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