$624,530Average Value$171Average Price per Sq Ft54Homes For Sale
Signature East Memphis neighborhood
River Oaks stands among the signature neighborhoods in the vast and diverse community of East Memphis. This neighborhood — which many Memphians also call the Shady Grove area due to two crossing roads — counts FedEx founder and chairman Fred Smith among its homeowners, as well as several other industry figures and top corporate executives. The neighborhood sits between Walnut Grove Road and Poplar Avenue, two of the city’s busiest and most recognizable thoroughfares. Here, affluent subdivisions lie between a sprawling hospital campus, highly-rated private schools, a bustling commercial corridor and one of the largest city parks in the country. “It’s an older, established area with some fine homes in it,” says Harry Samuels, a Realtor with Pinnacle Realty. “It’s near the intersection of 240 and Ridgeway, which has a big shopping center, some really nice restaurants and prime office buildings. It’s convenient to those office buildings, and people who have homes there can be at work in two minutes.”
River Oaks neighborhood showcases Memphis charm with its mix of commercial hubs, residential serenity, and vibrant green spaces.
Baptist Memorial Hospital-Memphis stands prominently in the heart of River Oaks, offering advanced medical care in a suburban setting.
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Affluent subdivisions with luxury amenities
Despite being within the city, this neighborhood exudes unmistakable suburban traits. Homes include Traditionals, contemporaries, ranch-style houses and Colonial Revivals, while others show custom designs and distinct touches like stone and copper accents. Million-dollar properties are common, and some homeowners enjoy backyard pools and ornate courtyards. The Gardens of River Oaks subdivision is gated and employs a guard, while other individual homes here quietly sit behind gates and brick walls. River Oaks’ smaller homes mainly go between $350,000 and $500,000, while the larger and more luxurious ones can run from $600,000 to $1.5 million. The neighborhood also has condos and townhouses that run between $100,000 and $400,000.
A picturesque River Oaks Colonial home with pedimented entry and tree-lined yard captures Southern residential beauty.
River Oaks neighborhood features timeless brick facades and spacious homes in a peaceful, green environment.
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Close to Tennessee’s top public and private schools
Students may start at White Station Elementary School, which gets a B-plus from Niche. They may then go to White Station middle and high schools, which respectively get A-minus and A grades from Niche. Niche further ranks White Station High among Tennessee's 10 best college prep public high schools and best public high schools. White Station High’s foreign language offerings include AP courses Japanese and Mandarin Chinese. In 2022, the school also had the distinction of being among 60 in the country to pilot an AP offering in African American studies. Private options include the Lausanne Collegiate School and Memphis University School, which both get A-plus grades from Niche.
White Station Elementary in Memphis serves students in grades PK, K-5.
White Station Middle School serves students in grades 6-8 in River Oaks.
White Station High in Memphis has ample parking.
Lausanne Collegiate School is a private school serving students in the Germantown area.
Memphis University School is a private school serving students in the Germantown area.
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Exploring Shelby Farms and its many outdoor attractions
Spanning 4,500 acres, Shelby Farms has more than 40 miles of trails that draw anyone from nature lovers to avid bikers and even horseback riders. The park also has more than 20 lakes and ponds, some of which are popular fishing holes. Sitting in the heart of Shelby Farms, Patriot Lake attracts kayakers and walkers and joggers who use the trail around the water. The Coastal Fish Company, an upscale seafood restaurant, offers patrons views of the lake as they dine and mingle. Children enjoy stopping by the Woodland Discovery Playground, which features slides and jungle gyms. The playground neighbors a zip line park. River Oaks also provides easy access to the Wolf River Greenway, a more than 20-mile trail that goes to downtown Memphis and the suburb of Germantown.
The Hyde Lake Boat House has canoes, kayaks, and paddle boards available for rent.
Woodland Discovery Playground is a must visit for kids and parents looking for adventure and fun.
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Barbecue, Latin cuisine and whiskey tastings along Poplar
Poplar Avenue anchors a district with small shops, chains, local eateries and offices for major Memphis companies like FedEx and International Paper. Sweet LaLa’s Bakery serves various coffees and an assortment of treats. Other city institutions include Central BBQ, which has restaurants in three states. BABALU serves a mix of Latin and Southern cuisines, while the Bog & Barley Irish Pub is popular for its fish and chips, cocktails and whiskey flights. The bar, made with Irish mahogany, was designed and built in Ireland by the owner’s carpenter friends. “We get all walks of life here. We get Fred Smith, who comes in here a lot. We get your neighbors from next door. We get every type of person who comes here,” says Jeremy Shane McCrea, Bog & Barley’s assistant general manager. Chains include a Target store.
Sweet LaLa’s Bakery brings charm and cheer to River Oaks with fresh bakes and cozy vibes.
This River Oaks favorite serves up smoky goodness and Southern hospitality at Central BBQ Poplar.
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The Delta Fair’s carnival rides and exhibits
Many in River Oaks are only minutes from East Memphis’ festivals. Among them is May’s annual Memphis Greek Festival. Many flock to the grounds of Annunciation Greek Orthodox Church to enjoy a variety of foods and pastries and performances like showcases of traditional Greek dancing. Shelby Farms also puts the neighborhood close to some events, with Delta Fair & Music Festival one of its more prominent ones. The multi-day event occurs around Labor Day weekend and brings thousands to the park’s Agricenter International campus to enjoy carnival rides, farm-themed exhibits and festival fare.
Poplar and Walnut Grove commute
Although Memphis Area Transit Authority — or MATA — buses serve River Oaks, most Memphians commute by car. Poplar and Walnut Grove — which turns to Union Avenue — go to downtown Memphis, about 12 miles west of River Oaks. This East Memphis neighborhood sits right off Interstate 240, which combines with interstates 40 and 69 to form an inner beltway in Memphis. Drivers can get on the interstates to go downtown, but they only provide a slightly faster route than Walnut Grove. Covering an 80-acre campus, the Baptist Memorial Hospital is one of the city’s most renowned medical institutions. Saint Francis Hospital is also in the area. Travelers going out of state are 13 miles from the Memphis International Airport.
Important to know
River Oaks' overall CAP Index crime score is 3 out of 10, putting it slightly below the national average.
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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On average, homes in River Oaks, Memphis sell after 69 days on the market compared to the national average of 52 days. The median sale price for homes in River Oaks, Memphis over the last 12 months is $452,500, down 2% from the median home sale price over the previous 12 months.
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