Parkway Village Condos for Sale

/8
$54,900
- 2 Beds
- 1.5 Baths
- 800+ Sq Ft
3780 Cambridge Station Dr, Memphis, TN 38115

vacant go and show

Kimberly Simmons SRS, AHWD, ePRO Tally Real Estate Group, LLC

3780 Cambridge Station Dr, Memphis, TN 38115
Explore Parkway Village
/19
$39,990
- 2 Beds
- 1.5 Baths
- 800+ Sq Ft
5273 Flowering Peach Dr Unit 2, Memphis, TN 38115

vacant property

Kimberly Simmons SRS, AHWD, ePRO Tally Real Estate Group, LLC

5273 Flowering Peach Dr Unit 2, Memphis, TN 38115
/14
$68,500
- 2 Beds
- 1.5 Baths
- 800+ Sq Ft
5197 Flowering Peach Dr Unit T8, Memphis, TN 38115

Newly renovated 2 bedrooms 1.5 baths, all appliances, fenced in patio. Upgraded kitchen and baths. This one want last long. Be the first to schdule a showing. Owner will consider owner financing

Michelle Batts Progressive Realty Services

5197 Flowering Peach Dr Unit T8, Memphis, TN 38115
/26
$150,000
- 3 Beds
- 2.5 Baths
- 1,800+ Sq Ft
3397 Adeline St Unit 38, Memphis, TN 38118

Stunning 3-bedroom, 2.5 bathroom home. This beautiful condo has an outdoor patio, fenced-in yard, and is conveniently located close to Winchester and 385! SELLER REQUIRES A 24-HOUR NOTICE FOR ALL SHOWINGS.

Jay McMiller RE/MAX Realty Group

3397 Adeline St Unit 38, Memphis, TN 38118
/18
$64,000
- 3 Beds
- 2 Baths
- 1,400+ Sq Ft
4790 James Kent Ct, Memphis, TN 38118

Investors check out this rented 3 bedroom 2 bath condo. Currently rented for $1,000 a month. Please call listing agent for showings and do not disturb tenants. Owner is motivated to sell so bring all offers.

Stephen Akindona Kairos Realty

4790 James Kent Ct, Memphis, TN 38118
/2
$75,000
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
3766 Cambridge Station Dr, Memphis, TN 38115

Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the

Jonathan Nunez Fast Track Realty, LLC

3766 Cambridge Station Dr, Memphis, TN 38115
/2
$75,000
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
3765 Station Way, Memphis, TN 38115

Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the

Jonathan Nunez Fast Track Realty, LLC

3765 Station Way, Memphis, TN 38115
/2
$75,000
- 3 Beds
- 1.5 Baths
- 1,200+ Sq Ft
3757 Cambridge Station Dr, Memphis, TN 38115

Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the

Jonathan Nunez Fast Track Realty, LLC

3757 Cambridge Station Dr, Memphis, TN 38115
/2
$75,000
- 2 Beds
- 1.5 Baths
- 1,200+ Sq Ft
3746 Cambridge Station Dr, Memphis, TN 38115

Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the

Jonathan Nunez Fast Track Realty, LLC

3746 Cambridge Station Dr, Memphis, TN 38115

Tennessee Shelby County Memphis Parkway Village

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

Home Trends in Parkway Village, TN

On average, homes in Parkway Village, Memphis sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Parkway Village, Memphis over the last 12 months is $400,000.

Housing Trends

Median Sale Price

$400,000

Median Single Family Sale Price

$400,000

Median Townhouse Sale Price

$329,993

Median 2 Bedroom Sale Price

$288,250

Median 1 Bedroom Sale Price

$950,000

Average Price Per Sq Ft

$265

Number of Homes for Sale

Last 12 months Home Sales

133

Months of Supply

5.60

Median List Price

$394,840

Median Change From 1st List Price

How to Buy a Home How to Finance a Home How to Sell a Home

In Parkway Village, there are currently 9 condos for sale, providing a range of options for prospective buyers. With condos ranging from $39,990 to $150,000, there's something for every budget. As of August, 2025 the median home price in Parkway Village, Memphis is $394,840, while the average sale price is $444,592, providing insight into local market trends. On average, condos spend 56 days on the market before being sold. Whether you're considering condominiums, apartments for sale, or modern condos, there are options available to suit your needs. Explore the variety of condos for sale in Parkway Village, Memphis, and find the perfect place to call home.

Parkway Village Types of Homes for Sale

More About Living in Parkway Village

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage