Parkway Village Homes for Sale

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  /30

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3339 S Perkins Rd, Memphis, TN 38118

  Call your favorite Real Estate Agent now and schedule an appointment to tour this lovely home! 3 bedrooms, 2 bathrooms, spacious kitchen with dining area. Separate Laundry Room. Beautiful pool. Private backyard for relaxing. Seller requests only pre approved buyers tour the home. Llame su Agente de Bienes Raices favorito y programar una cita a ver esta casa. 3 dormitorios, 2 banos, amplia

  

  Monica Mauricio

  REMAX Experts

  (901) 554-4132

  3339 S Perkins Rd, Memphis, TN 38118
• 

  Explore Parkway Village

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  /18

  $50,000

  • 2 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  3811 S Mendenhall Rd Unit A6, Memphis, TN 38115

  PRICE IMPROVEMENT AS IS WHERE IS Recently painted and new carpet installed

  

  Camille Holmes

  Ready Team REALTORS

  (901) 673-9224

  3811 S Mendenhall Rd Unit A6, Memphis, TN 38115
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  /14

  $214,400 New Construction

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3118 Arrendale St, Memphis, TN 38118

  New Construction Alert! Three bedrooms, two baths, and not a single ghost—because this beauty is brand Shankin new!!! Centrally located in beautiful 38118.. This home is so fresh, even the walls still smell like optimism. Modern finishes, spacious rooms to name a few. Come tour before someone else falls in love it. Schedule to see it today!!

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 445-7919

  3118 Arrendale St, Memphis, TN 38118
• 

  

  

  /14

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3075 Dewitt Cove, Memphis, TN 38118

  Fantastic home and ready for a new family! Mostly hardwood throughout with fresh paint. Neutral colors and a blank palette, ready for your own personal touches. Big, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  3075 Dewitt Cove, Memphis, TN 38118
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  /27

  $232,800

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3199 Dothan St, Memphis, TN 38118

  Welcome to this absolutely beautiful fully renovated home located in a lovely east Memphis community. This beauty boasts a newly installed architectural shingle roof, a new exterior paint makeover, a professionally landscaped yard, new exterior lighting, an exterior shed, and new added gate. Then behold a stunning double door entry accompanied with luxury vinyl plank flooring throughout the home,

  Dewayne Valentine C21 Patterson & Assoc. Real Es

  3199 Dothan St, Memphis, TN 38118
• 

  

  /27

  $179,900

  • 3 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft

  2863 Randy Cove, Memphis, TN 38118

  Totally renovated and move in ready! 3 bedroom and 2 bath. This beautifully updated home features a brand new roof, fresh interior and exterior paint, and all new flooring throughout. New HVAC System, Electrical and plumbing updated. Kitchen shines with updated cabinets. Enjoy expanded living space with an enclosed sunroom, perfect for entertaining and relaxing. A must see for buyers looking for

  Realis Sanders Keller Williams

  2863 Randy Cove, Memphis, TN 38118
• 

  

  /15

  $139,950

  • 3 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118

  Move in Ready or Rent ready. 3 bedrooms, 2.5 baths. Open concept.

  Greg Renfrow NextHome Cornerstone Realty

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118
• 

  

  /12

  $115,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118

  Fantastic spacious 3 Bedroom 2 1/2 Bath Townhome w/covered parking. Fully renovated!!! Fenced patio enclosed with new fence., security doors. Home is tenant occupied, and on month-to-month lease. This home is great for first time home buyers.

  Janice Mathis eXp Realty, LLC

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118
• 

  

  /23

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  5724 Jardin Place, Memphis, TN 38141

  Meticulously Maintained One Level Home W/3 B.R., 2 Baths + Office/Flex Room. 2025 Updates Include New Roof, New Carpet, New Hot Water Heater & New Exterior Siding & Front Door. The Galley Kitchen Features A Soaring Ceiling, A Dining Space & Garage Entry Door. The Adjacent Living Room Features Vaulted Ceiling, Fireplace & Double Sliding Doors Opening To Backyard Patio. The Spacious

  Sue Deaton C21 Home First, REALTORS

  5724 Jardin Place, Memphis, TN 38141
• 

  

  /13

  $159,900

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  3408 Clearbrook St, Memphis, TN 38118

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Mark Hart Reedy & Company, REALTORS

  3408 Clearbrook St, Memphis, TN 38118
• 

  

  /23

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  2937 Brandale St, Memphis, TN 38118

  This 3-bedroom, 2-bath home is a fantastic opportunity for first-time homebuyers or investors. With a functional layout, spacious bedrooms, and solid bones, this property offers great potential to personalize or rent out immediately. The home is vacant and ready for a quick close—perfect for buyers looking to move fast. Whether you're starting out or building your portfolio, this one is a smart

  Tina Sandoval Evernest Too, LLC

  2937 Brandale St, Memphis, TN 38118
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  /14

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3687 King James Dr, Memphis, TN 38118

  Fantastic home and ready for a new family! Tile and NEW carpet throughout with fresh paint. Neutral colors and a blank pallet ,ready for your own personal touches. Big, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  3687 King James Dr, Memphis, TN 38118
• 

  

  /13

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  5128 Jessie Lee Ln, Memphis, TN 38118

  Step into this beautifully maintained and thoughtfully updated 3-bedroom, 2-bathroom home nestled in a peaceful, tree-lined neighborhood. With recent upgrades this home blends classic comfort with modern functionality — perfect for a first-time homebuyer, a small family, or an investor looking for a turnkey rental. Roof replaced (2020) — peace of mind for years to come! Energy-efficient windows

  John Payne BEST Real Estate Company

  5128 Jessie Lee Ln, Memphis, TN 38118
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  /10

  $173,000

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
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  /9

  $169,500

  • 3 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  4947 Demeter Cove, Memphis, TN 38118

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/30/2026 recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4947 Demeter Cove, Memphis, TN 38118
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  /2

  $79,900

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3656 Outland Rd Unit 95, Memphis, TN 38118

  Great Investment Opportunity! Don’t miss this opportunity to add a solid income-producing property to your portfolio. This 3-bedrooms, 2.5-bathrooms townhouse is located in the desirable Fox Hollow community and is priced to sell. Property is being sold as-is has great potential. Tenant in place with no lease term — an ideal scenario for immediate rental income. Please do not disturb the tenants.

  Sondretta Graham Keller Williams

  3656 Outland Rd Unit 95, Memphis, TN 38118
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  /21

  $149,000

  • 4 Beds
  • 3 Baths
  • 2,064 Sq Ft

  5134 Scottsdale Ave, Memphis, TN 38118

  Property is being sold in an "as is" condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a

  JERRY EMERSON KING Williams & Williams Real Estate Auctions

  5134 Scottsdale Ave, Memphis, TN 38118
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  /12

  $39,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  5193 Flowering Peach Dr Unit T6, Memphis, TN 38115

  INVESTORS ONLY! This charming 2bed, 1bath townhouse is a perfect addition to a portfolio. It is professionally managed and currently rented at $895/mo. It is being sold with its attached neighbor 5192 Flowering Peach ($39k), as well as 380 Elder ($69k), and 1559 Harrison ($55k). No wholesalers, no assignments, no creative financing or subject to offers will be considered.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5193 Flowering Peach Dr Unit T6, Memphis, TN 38115
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  /9

  $39,900

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  5192 Flowering Peach Dr Unit T3, Memphis, TN 38115

  INVESTORS ONLY! This charming 2bed, 1 and a half bath townhouse is a perfect addition to a portfolio. It is professionally managed. It is currently being sold with its attached neighbor 5193 Flowering Peach ($39k), as well as 380 Elder ($69k), and 1559 Harrison ($55k). No wholesalers, no assignments, no creative financing or subject to offers will be considered.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5192 Flowering Peach Dr Unit T3, Memphis, TN 38115
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  /2

  $65,000

  • Land
  • 2.98 Acres
  • $21,812 per Acre

  3366 E Shelby Dr, Memphis, TN 38118

  Prime Development Opportunity with 2.98 Acres in Memphis~Rare opportunity for Developers, Builders, and Investors Alike~Versatile Property Offers the Perfect Setting for Residential Construction, Small Community Development, or Other Creative Projects~Just Minutes from Mississippi’s Vibrant Shopping, Dining, and Retail Hubs~Zoned for Residential and Flexible Use

  Jennifer Carstensen Real Estate Agency

  3366 E Shelby Dr, Memphis, TN 38118
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  /13

  $135,000

  • 2 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  4397 Forest Valley Cove, Memphis, TN 38141

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1350 per month and is on a lease from 7/01/2025 until 06/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Mark Hart Reedy & Company, REALTORS

  4397 Forest Valley Cove, Memphis, TN 38141
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  /9

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4612 Chuck Ave, Memphis, TN 38118

  This fully rehabbed home features extra parking pad in rear of home, new wood and tile floors, hot water heater, blinds, ceiling fans, light fixtures, bathroom sink/toilet, and roof. Home also includes stove, refrigerator, large island in kitchen, storage unit and covered awning (AS-IS). Investors only.

  Maria Lacy KAIZEN Realty, LLC

  4612 Chuck Ave, Memphis, TN 38118
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  /14

  $115,000

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  2961 Allshore St, Memphis, TN 38118

  Nice 4 bedroom 2 bathroom home being offered at a great price in the Parkway Village area (38118 zip code). Home also has a huge detached 2 car garage that could also be used as a workshop. This home is located on a corner lot and it has hardwood floors and a nice floor plan (no stairs). Many homes in this area are being rehabbed and sold for more money. This could be a great primary residence,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2961 Allshore St, Memphis, TN 38118
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  /9

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  4094 Knight Arnold Rd, Memphis, TN 38118

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Mark Hart Reedy & Company, REALTORS

  4094 Knight Arnold Rd, Memphis, TN 38118
• 

  

  /18

  $234,400

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  6696 Autumn Wood Cove, Memphis, TN 38141

  Welcome to your new home, nestled away on a cove lot in a peaceful neighborhood. This property offers a blend of comfort and convenience. With 3 bedrooms and 2 full bath it has a split floorplan and an ample amount of space through out the interior. While on the exterior, you can enjoy a well maintained yard. Priced to sell.

  Mark Logan Harris Realty Services

  6696 Autumn Wood Cove, Memphis, TN 38141
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  /31

  $380,000

  • 4 Beds
  • 2 Baths
  • 2,200+ Sq Ft

  3461 Holman Place, Memphis, TN 38118

  Welcome to this renovated multi-functional 4br 2ba property with flexible layout options to fit your multi usage/business idea. Zoned Commercial. 4br 2b, kitchen, living room, dining room, and laundry closet. Detached brick 30x60 garage/shop w/ two 16ft bay doors. Ample front and back space for parking and equipment storage. Great for a small service business in the back, mechanic repair shop,

  Ana Trujillo Trujillo Realty

  3461 Holman Place, Memphis, TN 38118
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  /4

  $35,000

  • Land
  • 0.23 Acre
  • $152,174 per Acre

  3065 Childress Rd, Memphis, TN 38116

  Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, and adjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking a central industrial hub. This lot is perfect for commercial display, warehouse, or

  Ken Cannon Crye-Leike of MS, Inc.

  3065 Childress Rd, Memphis, TN 38116
• 

  

  /4

  $35,000

  • Land
  • 0.23 Acre
  • $152,174 per Acre

  3061 Childress Rd, Memphis, TN 38116

  Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, and adjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking a central industrial hub. This lot is perfect for commercial display, warehouse, or

  Ken Cannon Crye-Leike of MS, Inc.

  3061 Childress Rd, Memphis, TN 38116
• 

  

  /6

  $35,000

  • Land
  • 0.23 Acre
  • $152,174 per Acre

  3055 Childress Rd, Memphis, TN 38116

  Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, andadjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking acentral industrial hub. This lot is perfect for commercial display, warehouse, or

  Ken Cannon Crye-Leike of MS, Inc.

  3055 Childress Rd, Memphis, TN 38116
• 

  

  /8

  $42,000

  • Land
  • 0.36 Acre
  • $116,667 per Acre

  3051 Childress Rd, Memphis, TN 38116

  Prime Industrial Lot Near Memphis Airport Location, Location, Location! Strategically positioned just off Airways Blvd, Brooks Rd, Plough Blvd, and adjacent to Memphis International Airport, this 0.36-acre parcel offers high visibility and easy access. It's ideal for developers, contractors, or businesses seeking a central industrial hub. This lot is perfect for commercial display, warehouse,

  Ken Cannon Crye-Leike of MS, Inc.

  3051 Childress Rd, Memphis, TN 38116
• 

  

  /31

  $184,000

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  4817 Wooddale Ave, Memphis, TN 38118

  This spacious home features 3 bedrooms—two of which are primary suites—2 full baths, a bright sunroom, and 2-car carports. Enjoy beautiful hardwood floors, a separate living room and a cozy den with a fireplace. Refrigerator to remain.

  Chad Engelke United Real Estate Mid South

  4817 Wooddale Ave, Memphis, TN 38118
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  /9

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  4245 Cottonwood Rd, Memphis, TN 38118

  Great Investment Opportunity in 38118! This 3 bed, 1 bath home is priced to sell and ready for your updates. Features include a carport, attached garage in the back, and solid bones—perfect for investors or buyers looking to add value. Don’t miss this opportunity!

  Joshua Moss KAIZEN Realty, LLC

  4245 Cottonwood Rd, Memphis, TN 38118
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  /5

  $132,000

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  4022 Cochese Rd, Memphis, TN 38118

  Investors only! Tenant occupied property being marketed to investors. Could be a great addition to your rental portfolio. Please do not disturb or approach the tenant. Professionally managed. Property is currently rented at $1375. No sign in the yard. Seller is also selling 3461 Lichterman which is also tenant occupied (can be bought individually or in bulk). Many homes in this area are being

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4022 Cochese Rd, Memphis, TN 38118
• 

  /2

  $105,000

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  4773 Aloha Ave, Memphis, TN 38118

  Investor special looking to add to their portfolio! Home being sold at a 1:1 rent to sales price ratio. Home currently occupied through November and paying $1050! Professionally managed. Please call listing agent for details. Do not disturb tenants. Access upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  4773 Aloha Ave, Memphis, TN 38118
• 

  

  /20

  $175,900

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3347 S Perkins Rd, Memphis, TN 38118

  Wonderful 3 bedroom, 2 full bath home that features a family room, dining room large kitchen with new tile floors. NO Carpet in the home. Hard wood floors & tile only. Large covered patio and a huge fenced backyard with a storage shed. A must see!

  Corey Mayhorn BEST Real Estate Company

  3347 S Perkins Rd, Memphis, TN 38118
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  /4

  $35,000

  • Land
  • 0.52 Acre
  • $67,308 per Acre

  0 Millbranch Rd, Memphis, TN 38116

  Prime .52-acre parcel on Millbranch Road in Memphis’ Whitehaven corridor. The level, mostly clear lot offers roughly 22,700 sq ft of buildable space with public utilities at the street and about 80 ft of visible road frontage. Minutes to I-240, Memphis International Airport, and legendary Graceland, this location provides quick access to downtown, major employers, and the Mississippi state line.

  Kenneth Woods eXp Realty, LLC

  0 Millbranch Rd, Memphis, TN 38116
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  /39

  $255,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  5265 Crystal Oak Dr, Memphis, TN 38141

  Appraised $255k FHA NO repairs! Seller open to assist in closing! Back on market due to buyer no longer able to qualify for loan! Welcome to this impeccably maintained corner lot gem, loaded with updates and offering the added bonus of low county taxes! The sellers have invested in numerous upgrades. Inside, you’ll find fresh paint throughout (interior and exterior), luxury vinyl plank hardwood

  Cali Neal KAIZEN Realty, LLC

  5265 Crystal Oak Dr, Memphis, TN 38141
• 

  

  /19

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  4270 Plum Valley Cove, Memphis, TN 38141

  This charming brick home features classic curb appeal with a welcoming front facade. Inside, the living room offers hardwood floors, a cozy fireplace, and plenty of natural light. The open kitchen is perfect for entertaining. The main-level primary suite boasts an ensuite with dual vanities. A second bedroom and full bath provide comfort for guests. Upstairs, a versatile loft is perfect for an

  Donnie Morrow eXp Realty, LLC

  4270 Plum Valley Cove, Memphis, TN 38141
• 

  /2

  $135,000

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  4876 Cottonwood Rd, Memphis, TN 38118

  REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  4876 Cottonwood Rd, Memphis, TN 38118
• 

  

  /13

  $114,000

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3116 Domar St, Memphis, TN 38118

  Large 3 bedroom 2 bathroom home with bonus room (could be a small craft room or office) in Parkway Village area. Home has covered parking, large backyard, soaring ceilings, stainless steel appliances, big kitchen, huge floor to ceiling windows, and other nice features. Home needs cosmetic repairs and it won't go FHA. Cash offers only. Several improvements have been done and roof appears to be

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3116 Domar St, Memphis, TN 38118

Showing Results 1 - 40, Page 1 of 2

Why Live in Parkway Village

Parkway Village in southeast Memphis is characterized by its towering oak and hickory trees, providing a picturesque canopy over the quiet residential streets. The neighborhood features predominantly single-family homes, many built in the mid-1900s, with traditional ranch-style designs and brick exteriors. These homes are typically single-story, sitting on modest lots averaging about 9,000 square feet. The area is known for its affordability, attracting both owner-occupiers and investors. Newer constructions, including modern bungalows, are found in the eastern part of the neighborhood. Parkway Village is conveniently located near Interstate 240 and is 15 miles southeast of Downtown Memphis, with Route 36 of the Memphis Area Transit Authority bus providing connections to the city center. The Memphis International Airport is just 5 miles away, making it ideal for frequent travelers. The neighborhood offers several shopping centers, including Village Plaza, which houses Walgreens and Save A Lot. Dining options range from the popular Taco Nganas food truck to Marvin’s Hot Kitchen and Deli. For nightlife, residents can visit the Prohibition Lounge. Green spaces such as McFarland Park and Community Center and Walter K. Singleton Park provide recreational opportunities, including playgrounds, splash pads, and tennis courts. Parkway Village also hosts seasonal events like HauntedWeb at the Trolley Station Shopping Center. The neighborhood is home to the FedEx World Hub, a major local employer. While the Shelby County School District schools in the area have average ratings, the General Choice Transfer process allows students to apply to other public schools.

Learn more about living in Parkway Village

Frequently Asked Questions

Is Parkway Village a good place to live?

Parkway Village is a good place to live. Parkway Village is considered very car-dependent and somewhat bikeable with minimal transit options. Parkway Village is a suburban neighborhood. Parkway Village has 8 parks for recreational activities. It is sparse in population with 2.0 people per acre and a median age of 32. The average household income is $51,216 which is below the national average. College graduates make up 11.9% of residents. A majority of residents in Parkway Village are renters, with 62.8% of residents renting and 37.2% of residents owning their home. A local real estate agent serving Parkway Village can help you decide if this neighborhood is the right one for you. Learn more on our Parkway Village neighborhood guide.

How much do you need to make to afford a house in Parkway Village?

The median home price in Parkway Village is $148,000. If you put a 20% down payment of $29,600 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $32K a year to afford the median home price in Parkway Village. The average household income in Parkway Village is $51K.

What are the best public schools in Parkway Village?

The best public schools that serve Parkway Village are:

• Kirby High School has a C Niche grade, a student teacher ratio of 16:1 and an average review score of 3.4.
• Oakhaven High School has a C Niche grade, a student teacher ratio of 15:1 and an average review score of 3.3.
• Cromwell Elementary School has a C Niche grade and a student teacher ratio of 16:1.

What are the best private schools in Parkway Village?

The best private schools that serve Parkway Village are:

• Hutchison School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.7.
• Westminster Academy has an A Niche grade, a student teacher ratio of 7:1 and an average review score of 4.1.
• Woodland Presbyterian School has a B+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.7.

What are the most popular zip codes in Parkway Village, Memphis, TN?

The most popular zip codes in Parkway Village, Memphis, TN include 38118, 38115, 38117, 38141 and 38111.

What are the most popular neighborhoods near Parkway Village, Memphis, TN?

The most popular neighborhoods near Parkway Village, Memphis, TN are Oakhaven, Hickory Hill, Fox Meadows, Colonial Acres and Audubon Park.

Home Trends in Parkway Village, TN

On average, homes in Parkway Village, Memphis sell after 36 days on the market compared to the national average of 52 days. The median sale price for homes in Parkway Village, Memphis over the last 12 months is $139,250, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$139,250

Median Single Family Sale Price

$143,402

Median 2 Bedroom Sale Price

$39,949

Average Price Per Sq Ft

$99

Number of Homes for Sale

65

Last 12 months Home Sales

218

Months of Supply

3.60

Median List Price

$148,000

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

3%