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Parkway Village Houses for Sale

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  • /30

    $195,000

    • 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

    Agent Photo

    Monica Mauricio

    REMAX Experts

    (901) 554-4132

    3339 S Perkins Rd, Memphis, TN 38118
  • /37

    $195,000

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

    3274 Gaylord Ln, Memphis, TN 38118

    A Memphis gem with flexible living and timeless charm. This spacious 4-bedroom, 3-bath Memphis home is move-in ready and waiting for new energy. Newly refinished hardwood floors, fresh paint throughout, and a brand-new dishwasher, this property blends charm with modern updates. The plumbing has already been replaced (to the street), offering peace of mind for years to come. Enjoy a flexible

    Agent Photo

    Sherry Harbur

    Harbur Realty

    (901) 459-2778

    3274 Gaylord Ln, Memphis, TN 38118
  • /2

    $183,800

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

    4864 Cloister Ave, Memphis, TN 38118

    Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

    Agent Photo

    Daniel Johnson

    Keller Williams

    (901) 329-8300

    4864 Cloister Ave, Memphis, TN 38118
  • /20

    $139,000

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

    4189 Chippewa Rd, Memphis, TN 38118

    Great opportunity in Memphis! This property has had recent renovations including updated flooring, fresh paint, and more. Functional layout with strong rental potential or a great option for a primary residence. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add this one to your portfolio or make it your own!

    Agent Photo

    Blake Clothier

    Premier Realty Group, LLC

    (901) 446-3068

    4189 Chippewa Rd, Memphis, TN 38118
  • /15

    $189,000

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

    6080 Scarlet Leaf Dr, Memphis, TN 38141

    Adorable A FRAME! Vaulted smooth ceilings, new windows throughout, NEW ROOF! 3 bedrooms, 2 full baths that are fully renovated. Main bedroom has a sliding glass door to the fully fenced backyard. Lighting package with unique chandeliers, deep black farmhouse sink with marble granite countertops. New stainless-steel appliances. The home has been fully painted both inside and out. The driveway has

    Agent Photo

    Chasity Blackburn

    Blackburn & Co

    (901) 657-1966

    6080 Scarlet Leaf Dr, Memphis, TN 38141
  • /14

    $215,000 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!!

    Agent Photo

    Vivian Denogean

    Fast Track Realty, LLC

    (901) 445-7919

    3118 Arrendale St, Memphis, TN 38118
  • /28

    $169,000

    • 3 Beds
    • 2 Baths
    • 1,499 Sq Ft

    6164 Afternoon Ln, Memphis, TN 38141

    Welcome to 6164 Afternoon Ln, a fantastic investment opportunity or forever home nestled in a peaceful Memphis neighborhood. This 3-bedroom, 2-bathroom single-family ranch home spans 1,499 square feet and sits on a spacious 0.22-acre lot. Bursting with potential, the property offers a solid foundation and is a blank canvas ready for your dream cosmetic renovation. Whether you're a savvy investor

    Conner Parks The Homestead Group

    6164 Afternoon Ln, Memphis, TN 38141
  • /14

    $157,000

    • 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
  • /29

    $210,000

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

    4833 Scottsdale Ave, Memphis, TN 38118

    3 bedroom 2 bath home in Perkins South subdivision. Close to parks, schools, restaurants, airport and hospitals. Granite counter tops, LVP flooring, wood fenced back yard, brick exterior. updated fixtures.

    Jason Miller eXp Realty, LLC

    4833 Scottsdale Ave, Memphis, TN 38118
  • /12

    $199,800

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

    4789 Judy Lynn Ave, Memphis, TN 38118

    COMPLETELY RENOVATED HOME. Brand new roof, brand new air conditioning condenser, BRAND NEW FULLY RENOVATED KITCHEN WITH NEW CABINETS AND GRANITE COUNTER TOPS. Brand new stainless steel gas range/oven, ventahood, dishwasher, and food disposal. All new light and plumbing fixtures throughout. Beautiful refinished hard wood floors and LVP vinyl Plank flooring. Storm windows, low maintenance vinyl

    William McKnett The Stamps Real Estate Company

    4789 Judy Lynn Ave, Memphis, TN 38118
  • /22

    $175,000

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

    3991 Kenosha Rd, Memphis, TN 38118

    Welcome to this beautifully renovated 3-bedroom, 2-bathroom home with a spacious backyard, perfect for enjoying outdoor gatherings and relaxation. Recently updated with fresh paint inside and out, this residence radiates a crisp, modern appeal. Inside, discover an inviting atmosphere with a thoughtfully redesigned interior that includes updated fixtures and finishes throughout. The open layout

    Cristian Amparan The Home Partners Realty

    3991 Kenosha Rd, Memphis, TN 38118
  • /28

    $225,000

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

    4567 Crump Rd, Memphis, TN 38141

    This one level 3-bedroom, 2-full bath home is a must see! Featuring a massive living room adorned with vaulted ceilings, double ceiling fans, and an eye-catching floor to ceiling rock fireplace with a classic cast iron wood burning stove, hardwood floors throughout the home, fresh paint, new kitchen counter tops, and newly updated Primary bath. The home includes a spacious backyard with a patio

    Toyraine Smith Grand Point Realty, LLC

    4567 Crump Rd, Memphis, TN 38141
  • /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
  • /11

    $165,000

    • 2 Beds
    • 1 Bath
    • 2,448 Sq Ft

    3402 Dungreen St, Memphis, TN 38118

    Excellent investment opportunity! This partially occupied duplex features 2 bedrooms and 1 bath on each side, offering consistent cash flow from day one. Tenants are in place with room for potential rent increases. Property is being sold as-is —ideal for investors looking to add value with light updates or long-term holds. Located on a quiet street in Memphis with easy access to schools,

    Petra Walker KAIZEN Realty, LLC

    3402 Dungreen St, Memphis, TN 38118
  • /10

    $184,000

    • 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
  • /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
  • /9

    $199,900

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

    5559 Ross Rd, Memphis, TN 38141

    3-bedroom, 2-bath home situated on a generous quarter-acre lot. This one-level layout features a den with a fireplace and plenty of potential throughout. A great opportunity for buyers or investors looking to personalize or hold as a long-term rental. Offers ample outdoor space and a functional floor plan. County Taxes only!

    John Quinn REMAX Experts

    5559 Ross Rd, Memphis, TN 38141
  • /7

    $92,900

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

    2995 Dearing Rd, Memphis, TN 38118

    Investor special! Home will be vacant at close and being sold as is. Excellent BRRRR opportunity or a potential fix and flip. Home currently rented at $950 and tenant moving after 28 years at end of July. HVAC is a 2021, HWH 2019. Agent owned. Call listing agent for details! Do not disturb tenants!

    Andrew Akins CB Properties of Memphis, LLC

    2995 Dearing Rd, Memphis, TN 38118
  • /2

    $145,000

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

    4876 Cottonwood Rd, Memphis, TN 38118

    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
  • /15

    $140,000

    • 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
  • /19

    $125,000

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

    3405 Windy Hollow Cir, Memphis, TN 38118

    Opportunity is knocking on Windy Hollow Circle! Welcome to this charming one-level, Section 8-approved investment nestled at 3405 Windy Hollow Circle, Memphis, TN?38118. This 3 bedroom, 2 bath gem offers a spacious great room, functional kitchen, and a convenient carport. With a fenced backyard, it’s perfect for privacy and outdoor enjoyment. Currently tenant-occupied (please do not disturb), the

    Melissa Blume Thompson eXp Realty

    3405 Windy Hollow Cir, Memphis, TN 38118
  • /28

    $250,000

    • 5 Beds
    • 2 Baths
    • 2,000+ Sq Ft

    3079 Castleman St, Memphis, TN 38118

    Fully renovated two-story home on a corner lot with major upgrades throughout! Brand-new roof, new energy-efficient windows, fresh exterior and interior paint, and new gutters. Inside, you'll find all-new flooring and recessed lighting. The kitchen has been completely redone with marble countertops, new cabinets, and stainless steel appliances, opening up to the living area with a bright, open

    Juan Torres Fast Track Realty, LLC

    3079 Castleman St, Memphis, TN 38118
  • /2

    $125,000

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

    4093 Navaho Ave, Memphis, TN 38118

    Great investment opportunity. Currently rented for $850/month. Roof is roughly 12 years old and in good shape. All major systems and the roof are newer and in good condition. Tenant has excellent payment history. Freshly painted in 2024. Seller has also listed 3790 Mallory. We can schedule showings.

    Adam Underwood Crye-Leike, Inc., REALTORS

    4093 Navaho Ave, Memphis, TN 38118
  • /10

    $120,000

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

    3035 Phyllis Ln, Memphis, TN 38118

    Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat in air. It is conveniently located in East

    William Haynes Crye-Leike, Inc., REALTORS

    3035 Phyllis Ln, Memphis, TN 38118
  • /13

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    3026 Dearing 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

    3026 Dearing Rd, Memphis, TN 38118
  • /18

    $129,900

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

    4159 Cochese Rd, Memphis, TN 38118

    Welcome home! This beautiful 3 bed 1.5 bath corner lot home features durable laminate flooring throughout, an open recently renovated kitchen with eat in breakfast bar, covered parking, and a large privately fenced backyard. Great for FHA, VA, and USDA buyers. Ask about closing cost assistance or upgrade credit!

    Jeremy Moore C21 Patterson & Assoc. Real Es

    4159 Cochese Rd, Memphis, TN 38118
  • /22

    $249,900

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

    5315 Sleepy Oak Cove, Memphis, TN 38141

    Come check out this renovated 5 bed 3 bth home for under 250k! Talk about bang for your buck! This home features several modern updates and is eagerly awaiting it's next owner!

    Anamika Jasani Renshaw Company, REALTORS

    5315 Sleepy Oak Cove, Memphis, TN 38141
  • /10

    $152,900

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

    3141 Danville Rd, Memphis, TN 38118

    Tenant in place with instant cash flow! Fully renovated and move-in ready, this home offers strong rental appeal with a new mailbox and yard trim, full exterior paint (excluding brick), black shutters, and smart locks. Updates include a new 30-year roof, repaired wood and siding, framed porch, new garage door, exterior lighting, and door weather stripping. Inside features fresh gray and white

    James Wachob Foundation Property Management

    3141 Danville Rd, Memphis, TN 38118
  • /20

    $79,900

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

    5250 Flowering Peach Dr Unit 1, Memphis, TN 38115

    TOTALLY REMODELED 3 BEDROOM, 2 BATH CONDO ~ 2 STORY ~ MOVE-IN READY ~ NEW KITCHEN ~ WITH NEW CABINETS ANDCOUNTERS ~ NEW BATHROOMS ~ NEW FLOORS ~ FRESH PAINT ON EXTERIOR AND INTERIOR ~ FENCED BACKYARD. DON'T MISS THIS OPPORTUNITY.~MONTHLY $240 FOR HOA INCLUDES , GAS ,WATER,TRASH~

    Itzel Sanchez Bustamante Keller Williams

    5250 Flowering Peach Dr Unit 1, Memphis, TN 38115
  • /8

    $99,950

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3076 Jean Dr, Memphis, TN 38118

    Good looking 3 bedroom brick home! New carpet; like new furnace. Nice, large yard. Can be owner occupant or good income producing property! For owner occupants see attached info for City of Memphis down payment assistance program!

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    3076 Jean Dr, Memphis, TN 38118
  • /11

    $95,000

    • 5 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    2665 Marlene St, Memphis, TN 38118

    Good looking brick home with 4 bedrooms, living room, plus a family room that could be a bedroom. Carport! Nice size backyard--fenced! Priced to sell immediately! Excellent opportunity for a great family home or an investment property. See attached info regarding City of Memphis down payment assistance program! Move in ready! Motivated Seller!

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    2665 Marlene St, Memphis, TN 38118
  • /14

    $179,900

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

    4809 Bridgedale Ave, Memphis, TN 38118

    This fully renovated home features over 1800 sq/ft, 3 spacious bedrooms, Large eat in kitchen, and a separate den & living room.

    Preston Williams Regency Realty, LLC

    4809 Bridgedale Ave, Memphis, TN 38118
  • /13

    $99,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    2705 Mcmurray St, Memphis, TN 38118

    Terrific investment opportunity. Tenant occupied, cash flowing and professionally managed home. Currently rented for $960/mo with a $925 deposit on file. Lease expires 05/31/25. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray, 1753 S Winston.

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2705 Mcmurray St, Memphis, TN 38118
  • /13

    $146,000

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

    4393 Aloha Ave, Memphis, TN 38118

    Investors only! Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $895 in Parkway Village & has 4 bedrooms 3 bathrooms! Do not disturb or approach tenants. No sign in yard. Seller selling multiple properties (can buy individually or in bulk). Most properties are in Raleigh, Berclair, Nutbush, & Midtown! These have been great long term rental

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4393 Aloha Ave, Memphis, TN 38118
  • /27

    $219,000

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

    6043 Harvest Hill Cove, Memphis, TN 38141

    Charming 4 bedrooms 3 bath home located in the Ridgeway Estates Subdivision~2 BR/2 BA down ~ 2 BR/1 BA up ~ Huge Bedrooms ~ Lots of Space ~ Spacious Backyard with Fence ~ Well-maintained Home, carpet, laminate flooring, Wood fence, furnace / HVAC, lighting, long driveway, and much more ~ Separate dining, kitchen, and breakfast area ~ Shed in back to remain ~ Original construction 1976;

    Juliette Moore Crye-Leike, Inc., REALTORS

    6043 Harvest Hill Cove, Memphis, TN 38141
  • /18

    $110,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    4843 Bridgedale Ave, Memphis, TN 38118

    Investment opportunity! Investors only! Tenant occupied and professionally managed by Realty Capital Management. This could be a great addition to your investment portfolio. Currently rented for $1095/mo. Lease ends 8-31-25...Guaranteed rent in place! Nothing to do but collect the rent! Property was rehabbed previously before tenant moved inside. Home has hardwood floors and a nice floor

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4843 Bridgedale Ave, Memphis, TN 38118
  • /10

    $229,000

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

    5517 Harvey Hill Dr, Memphis, TN 38141

    Investors! This will be a wonderful addition to your portfolio! Well maintained rental home with a New Roof! This home is Occupied. Please do not disturb the Tenants. ***PLEASE DO NOT DISTURB TENANTS*** DO NOT APPROACH THE HOUSE *** I will need to give the tenant 48 hours notice beforehand.

    Sheila Brackens 901, REALTORS

    5517 Harvey Hill Dr, Memphis, TN 38141
  • /2

    $193,000

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

    5469 Ross Rd, Memphis, TN 38141

    This is an AS-IS, cash buyer Short Sale located in a prime location. Property needs work. No blind offers. Offers have been submitted to the short sale lender!! Immediate seller has stopped all showings due to the number of offers already received.

    Sherry Cole John Green & Co., REALTORS

    5469 Ross Rd, Memphis, TN 38141

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.

Home Trends in Parkway Village, TN

Housing Trends

Median Sale Price
$140,000
Median Single Family Sale Price
$146,500
Median 2 Bedroom Sale Price
$50,000
Average Price Per Sq Ft
$98
Number of Homes for Sale
62
Last 12 months Home Sales
225
Months of Supply
3.30
Median List Price
$149,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
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