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Parkway Village Multifamily Homes & Duplexes for Sale

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    $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. This property received a new roof and siding in 2022. It also received all-new vinyl windows, 100% floor coverings, 100% interior/exterior paint, Fixtures, dishwasher, toilets, bathroom vanities, tile backsplash with new plumbing

    Mark Hart Reedy & Company, REALTORS

    4397 Forest Valley Cove, Memphis, TN 38141
  • /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
  • /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

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
$139,500
Median Single Family Sale Price
$143,402
Median 2 Bedroom Sale Price
$39,949
Average Price Per Sq Ft
$98
Number of Homes for Sale
66
Last 12 months Home Sales
217
Months of Supply
3.60
Median List Price
$148,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%
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