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Explore Similar Mobile Homes Within 2 Miles of Parkway Village, TN

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    $45,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1554 Pillow St, Memphis, TN 38106

    Investor’s Delight! Looking for your next investment opportunity in the heart of South Memphis? This 2-bedroom, 1-bathroom corner-lot home also features a small bonus room by the back door—perfect for an office, storage, or flex space. The property is ready for a full renovation and offers the ideal chance to build generational wealth and residual income. Don’t miss out—cash offers only! Owner

    Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

    1554 Pillow St, Memphis, TN 38106

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
$138,500
Median Single Family Sale Price
$141,805
Median 2 Bedroom Sale Price
$39,999
Average Price Per Sq Ft
$98
Number of Homes for Sale
66
Last 12 months Home Sales
224
Months of Supply
3.50
Median List Price
$146,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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