3

Parkway Village Multifamily Homes & Duplexes for Sale

Section Image
  • /11

    $134,900

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

    4213 Cochese Rd, Memphis, TN 38118

    Beautifully renovated 3-bed, 1.5-bath home in the heart of 38118! This move-in-ready property features fresh paint, updated lighting and plumbing fixtures, blinds, and ceiling fans throughout. The kitchen has been upgraded with modern countertops and cabinetry, offering both style and functionality. Durable wood vinyl plank flooring flows through the living areas, with cozy carpet in the

    Thomas Zettergren Premier Realty Group, LLC

    4213 Cochese Rd, Memphis, TN 38118
  • /8

    $184,900

    • 3 Beds
    • 2 Baths
    • 2,683 Sq Ft

    3205 Cookie Cove, Memphis, TN 38118

    Fantastic investment opportunity in the Shelby area. This 6br/4 bath Duplex is in the 38118 area. Unit 3205 occupied with a monthly rental amount of $1,054.94/month. The lease ends on 7/15/26. Unit 3207 is Vacant. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3205 Cookie Cove, Memphis, TN 38118
  • /2

    $159,995

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

    3507 Duane Cove, Memphis, TN 38118

    4 bedroom 2 full bathrooms Brick corner lot house near Wooddale Middle School. Surrounded with mature trees fenced in power gate, basketball Goal, 24hrs security surveillance camera, double car garage. Neutral floor plan, separate laundry room, Dinning room & den w/Fire Place. Kitchen w/breakfast room. 15x12 enclosed patio for relaxing or entertaining. Wheelchair ramp Beautiful landscaped corner

    Eric Mhoon TRG Real Estate Services, LLC

    3507 Duane Cove, Memphis, TN 38118

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