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Parkway Village Townhomes for Sale

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  • /6

    $139,874

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

    4195 Cedartree Dr, Memphis, TN 38141

    What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & City of Memphis DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a cozy fireplace, dining or

    Tijuana Wallace Keller Williams

    4195 Cedartree Dr, Memphis, TN 38141
  • /14

    $67,750

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

    3793 Station Way, Memphis, TN 38115

    Investors, welcome to a lovely 3 Bed/1.1 Bath rental that is cash flowing at $611 per month; $7,332 annual rents! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 04/30/2026, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

    Trey McElroy Sowell, Realtors

    3793 Station Way, Memphis, TN 38115
  • /9

    $59,375

    • 2 Beds
    • 1.5 Baths
    • 800+ Sq Ft

    3754 Cambridge Station Dr Unit F2, Memphis, TN 38115

    Investor Special! This recently updated 2 Bed/1.1 bath condo is currently cash flowing at $803 per month in Section 8 rent. Now is the perfectopportunity to upgrade your portfolio! Lease runs through February 2025. This unit is part of a package of 18 properties.

    Trey McElroy Sowell, Realtors

    3754 Cambridge Station Dr Unit F2, Memphis, TN 38115
  • /6

    $85,250

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

    4784 James Kent Ct, Memphis, TN 38118

    Great starter or rental well maintained property with fireplace. Owner has found a new home and is flexible.

    Barbara Conway The Peyton Co., Inc., REALTORS

    4784 James Kent Ct, Memphis, TN 38118
  • /24

    $75,000

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

    3626 Outland Rd Unit 86, Memphis, TN 38118

    Perfect investment property for those looking to expand their portfolio. This 3-bedroom, 2-bathroom home needs a little TLC to maximize its potential. It is tenant occupied with no lease term, Please do not disturb the tenants and Schedule your Showing Today. The roof was replaced a 1 1/2 year ago. This home is also ideal for first-time homebuyers or anyone looking to simply downsize. This is

    Anayeli Vargas Centric Realty LLC

    3626 Outland Rd Unit 86, Memphis, TN 38118
  • /18

    $65,000

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

    3811 S Mendenhall Rd Unit A6, Memphis, TN 38115

    PRICE IMPROVEMENT AS IS WHERE IS Recently painted and new carpet installed

    Camille Holmes Ready Team REALTORS

    3811 S Mendenhall Rd Unit A6, Memphis, TN 38115
  • /2

    $80,000

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

    3656 Outland Rd Unit 95, Memphis, TN 38118

    Great Investment Opportunity! Don’t miss this opportunity to add a solid income-producing property to your portfolio. This 3-bedrooms, 2.5-bathrooms townhouse is located in the desirable Fox Hollow community and is priced to sell. Property is being sold as-is has great potential. Tenant in place with no lease term — an ideal scenario for immediate rental income. Please do not disturb the tenants.

    Sondretta Graham Keller Williams

    3656 Outland Rd Unit 95, Memphis, TN 38118
  • /2

    $75,000

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

    5211 Flowering Peach Dr Unit S7, Memphis, TN 38115

    This is part of a six condo deal (3336, 3338, 3340, 3344, 6443 Kirby Trees and 5211 Flowering Peach) for $525,000.00. Units may be sold individually for $95,000.00 per except for 3340 Kirby Trees, can be sold individually for $105,000.00. Unit is occupied at $1,200.00 per month. No showings until valid offer received. Priced to SELL!!!!!

    Frank Colvett REMAX Experts

    5211 Flowering Peach Dr Unit S7, Memphis, TN 38115
  • /2

    $128,700

    • 2 Beds
    • 2.5 Baths
    • 1,501 Sq Ft

    5865 Jardin Place, Memphis, TN 38141

    Refer to RealtyBid for showing, property, and auction details.

    Brian Brockman Bang Realty

    5865 Jardin Place, 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
$400,000
Median Single Family Sale Price
$400,000
Median Townhouse Sale Price
$329,993
Median 2 Bedroom Sale Price
$366,625
Median 1 Bedroom Sale Price
$950,000
Average Price Per Sq Ft
$269
Number of Homes for Sale
65
Last 12 months Home Sales
130
Months of Supply
6.00
Median List Price
$400,000
Median Change From 1st List Price
0%
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