$439,304Average Value$228Average Price per Sq Ft37Homes For Sale
A unique Memphis town on the water
What once was a Mississippi River sandbar is now a highly sought-after patch of Memphis real estate. Mud Island, while technically a peninsula set between the river and Wolf River Harbor, has a certain ring of irony to it. A colorful blend of diverse home styles better complements the Memphis skyline than they do the Mississippi River, whose muddy waters are the only eyesore around here. “Mud Island often feels like a summertime resort,” says Realtor Rick Travers of Crye-Leike Real Estate Services. “Locals can enjoy the waterfront and feel like they’re on vacation 24/7.” Apartment complexes also exist, which students of nearby colleges rent. AW Willis Avenue passes through the south side, allowing residents to drive east into downtown, where St. Jude’s Children’s Research Hospital is a major employer. “A lot of St. Jude’s doctors live there,” says Realtor Christine DeColli of Crews Realty. “A lot of people just like Mud Island because their friends live close by.”
Homes, businesses, and streets are meticulously maintained in Mud Island.
Mud Island runs parallel to the Memphis shores, with it's southern end across from Downtown Memphis and its northern end across from Uptown Memphis.
The Mud Island Marina.
Memphis Riverboats offer tourists river cruises that pass by Mud Island.
Memphis Riverboats on the harbor in Mud Island.
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A variety of homes and rentals in Mud Island
Mud Island’s streets are neat and compact, even more so than downtown. Sidewalks are narrow and, in some cases, nonexistent to make room for street parkers and the occasional attached garage. Recent decades have seen an influx in demand, so homes built in the late 1990s and early 2000s are packed together like townhouses. “The neighborhood primarily consists of condominiums in the $300,000 range, townhouses and single-family homes, seamlessly blending a range of architectural styles,” says Travers. Apartment complexes are also an option for students at the nearby University of Tennessee. Buyers will find Colonial Revivals, Cape Cods and bungalows selling between $330,000 and $500,000. Outliers sell for up to $1.2 million, due to much larger floor plans nearing 5,000 square feet.
Apartments on Mud Island, Memphis, Tennessee.
More Spacious and Lavish Homes Can be Found in Mud Island.
Mud Island Apartments offer stunning views of the Hernando De Soto Bridge at sunset.
Some Mud Island residents can enjoy peace and solace on waterfront back porches.
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A day at the park in Mud Island
Mud Island has several parks, large and small. Many tiny ones, like Ben’s Park, appear interspersed among its homes and offer the odd playground or pond. A larger and more prominent example would be Mud Island Park on the south side. It features a large playground, a walking path and access to the Mississippi Riverwalk. “You see a lot of people walking and working out down there and then down by the river,” says DeColli. Although residents can walk along the Mississippi River’s edge, the riverwalk is actually a large model that’s used as a tourist attraction and for educational purposes. There’s also the Mississippi River Museum, which chronicles the history of the region’s settlers. A Saturday on the river might mean kayaking the calm Blueways, while boating enthusiasts can dock their boats at the nearby Mud Island Marina. Landlubbers can take their pups up the west side to Mud Island Dog Park.
Mud Island Dog Park Entrance.
Mud Island is the Western Terminus of the Wolf River Greenway.
The Memphis sign is a popular spot for photos on Mud Island.
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The Mud Island Amphitheater
While residents might venture across the harbor and explore one of the events in Downtown Memphis, they can enjoy performances at home, too. The Mud Island Amphitheater is a live music venue that seats 5,000 people, with Downtown Memphis as its backdrop. There have been no concerts since 2018, with much of the seating and stage in disrepair. In May 2024, then-Mayor Paul Young proposed an allocation of $17 million towards its renovation. The idea is that live performances by big-name acts would drum up revenue for local small businesses.
The Mud Island Amphitheater.
Mud Island River Park sign built Into the Landscape.
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Attending class in Mud Island
Students can attend Downtown Elementary, which gets a C-minus rating from Niche. They then move to Booker T. Washington Middle and High School for grades six through 12, which offers early postsecondary opportunities like AP and DE courses. Niche rates the school a C overall.
Harbor Town Square brings small-town restaurants and retail
Within walking distance is Cordelia’s Market, which sells everyday groceries and specialty items. Locals can access boutiques, museums, and a diverse culinary scene less than 3 miles from Downtown Memphis. Although the neighborhood is relatively small, various eateries are clustered around the Harbor Town Square, such as Cocozza American Italian. Kinfolk is another popular spot, serving southern classics, while Paulette’s Restaurant is the go-to choice for an upscale date night. Residents can easily head to the local dentist, pharmacy and checkups at Harbor of Health right in the neighborhood. However, the medical district is just across the harbor, home to major employers such as St. Jude Children’s Research Hospital.
Cordelia's Market is beloved by Mud Island residents.
Tug's is one of Mud Island's Laid-back Sports Bar.
Cordelia's Market Provides Harbor Town with Fresh Produce in Mud Island.
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Mud Island is a stunning neighborhood with much to do.
Getting around Mud Island and beyond
Island Drive is the only road that runs through the entire neighborhood. Mud Island Road connects to the mainland on the north side and AW Willis Avenue on the south side. Interstate 40’s onramp is just a few hundred feet away in downtown. Despite the bustle of downtown and nearby bridges, First Street gives the neighborhood a “calm” score for noise. Although driving the half mile into downtown takes just minutes, public transportation can be harder to come by. Those catching the MATA Transit will need to do so by walking along the AW Willis Avenue bridge. From there, it’s a mile-and-a-half, seven-minute bus ride to the southernmost point in downtown.
Flooding in Memphis
Memphis has a major flooding risk, according to First Street. Mud Island is no exception, due to its position on the Mississippi River. On May 10, 2011, the river’s water level rose to nearly 48 feet. Considering preceding decades’ floods, the city was prepared with a flood control system. Mud Island River Park was closed three days prior.
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
Interested in learning more about homes in this area?
Reach out to
Christopher Lucas,
an experienced agent in this neighborhood.
Parks in this Area
Greenbelt Park
Dog Park
Picnic Area
Trails
Ben's Park
Picnic Area
Playground
River
Fourth Bluff
Picnic Area
Trails
River
Beale Street Landing
Picnic Area
Trails
Playground
Mississippi River Park
Picnic Area
Trails
Playground
Mud Island River Park
Trails
Events
Museum
Transit
Airport
Memphis International
19 min drive
Bus
Bass Pro Shops
Bus
Riverside Dr & Court Ave
Bus
Riverside Dr & Beale St
Crime and Safety
1 - Low Crime, 10 - High Crime
Mud Island
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Mud Island, Memphis sell after 73 days on the market compared to the national average of 47 days. The average sale price for homes in Mud Island, Memphis over the last 12 months is $430,243, down 2% from the average home sale price over the previous 12 months.
Wow! Come live the good life in this Harbor Town beauty that overlooks the Wolf River Harbor! Start your day on the walking path with a peaceful stroll along the water and end it on the balcony, soaking in the views with a beverage in hand. That's just the tip of the iceberg for this one. This home boasts a private courtyard, epoxied garage, and hardwood throughout. You'll find granite
Fantastic Home with Primary Suite downstairs, walk-in closets. Home features large and open great room with cozy fireplace. Nice Kitchen with dining room, large bonus-media room or 4th bedroom upstairs. Wonderful back yard and patio area. Wateredge is a gated community on The Island and very popular. Just steps from the river.
Wonderful home on quiet Harbor Creek Dr. Master suite down, walk in closets, very nice kitchen, granite counter tops & breakfast bar. Den room with high ceilings, cozy Fireplace. All appliances (including Refrigerator, Washer, Dryer)stay. The home has been well maintained and is move-in ready!
Larger than it looks from the outside! Beautiful updated 4BD/3.5BA home in Harbor Town with rare floor plan that includes two Primary bedrooms. This home has a bright open living area with gas fireplace, dining room and lovely sunporch. You’ll love the gorgeous new kitchen with granite, new stainless steel appliances and a moveable island. Roof 2022 and HVAC 2020. Additional updates include new
Welcome to Riverset Apartments, the premier location within the exclusive Mud Island community of Memphis, TN. Situated on a peninsula between the Mississippi and Wolf Rivers, Riverset Apartments boasts beautiful waterfront views while still only minutes from the vibrant pulse of downtown Memphis.Riverset Apartments feature the finest amenities on the island with five resort-style swimming
A rare opportunity in the beacon! Gorgeous 1 bedroom, 1 bath luxury condo with flex room in Harbor Town directly across from Miss Cordelia's and steps away from Greenbelt Park, restaurants and more. Secure building with designated, covered parking. High ceilings, hardwood floors throughout, updated kitchen and bathroom, laundry room with front loading W/D included plus a balcony with fantastic
Engage in a resort-inspired lifestyle enabled by exceptional amenities inside our apartments in Harbor Town Memphis, TN. Our peaceful community places you only steps away from the best that Mud Island can offer. Our apartments in Downtown Memphis enhance your comfort thanks to their interior features. Relax over a coffee as you take in the views on your private patio or balcony. Rejoice in the
Interested in learning more about homes in this area?
Reach out to
Christopher Lucas,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,506
Median Age
35
Population Density
8 ppl/acre
Population under 18
18.1%
Below the national average
23.8%
Population over 65
10.7%
Below the national average
19.1%
Finances
Median Household Income
$87,072
Above the national average
$71,702
Average Household Income
$118,754
Education and Workforce
High School Graduates
98.7%
College Graduates
81.7%
Significantly above the national average
34.1%
Advanced Degrees
49.1%
Significantly above the national average
13.3%
% Population in Labor Force
76.3%
Weather
Annual Precipitation
55''
Average Winter Low Temperature
34°F
Average Summer High Temperature
92°F
Annual Snowfall
4''
Area Factors
Somewhat Bikeable
Bike Score®
37/ 100
Somewhat Walkable
Walk Score®
68/ 100
Good Transit
Transit Score®
50/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
