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Raleigh Multifamily Homes & Duplexes for Sale

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    $204,500

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

    4709 Old Raleigh Millington Rd, Memphis, TN 38128

    RARE 5 BR property in Raleigh - Don't Miss It! Freshly renovated home features ALL NEW FLOORING - fresh INTERIOR and EXTERIOR PAINT - NEW HVAC System - NEW Windows and more! Seller providing a $2500 Appliance package (STOVE - DISHWASHER - GARBAGE DISPOSAL).

    Gerald Williams KAIZEN Realty, LLC

    4709 Old Raleigh Millington Rd, Memphis, TN 38128
  • /22

    $167,500

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

    2568 Parkview Dr, Memphis, TN 38128

    Welcome to this charming and fully renovated 3-bedroom, 2-bathroom home that effortlessly combines modern elegance with comfortable living. As you step inside, you’ll immediately notice the bright and open floor plan, thoughtfully designed to create a welcoming atmosphere filled with natural light. Every inch of this home has been meticulously updated with high-quality finishes and attention to

    Brooke Boone Harris & Harris Realty Group

    2568 Parkview Dr, Memphis, TN 38128
  • /2

    $219,000

    • 6 Beds
    • 4 Baths
    • 3,463 Sq Ft

    3335 Fairbanks St, Memphis, TN 38128

    This 2 unit property is located in a great Raleigh location! There are 3 bedrooms and 2 baths within each unit. The scheduled monthly income is 2,300 per month. Drive by only. Please do not disturb residents. Must be acquired with 5 other duplexes located at: 3299, 3315, 3334, 3344 & 3363 Fairbanks St.

    Jeffrey Moore Crye-Leike Commercial

    3335 Fairbanks St, Memphis, TN 38128
  • /2

    $389,000 New Construction

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

    2756 Epping Crest Dr, Memphis, TN 38128

    Nestled on the north side of Memphis, Raleigh is a vibrant neighborhood in Shelby County District 6 with a rich history and growing community spirit. This area boasts a unique landscape defined by rolling hills, mature oak and elm trees, and stunning foliage, especially during the fall.

    T.J. Kebede Grand Point Realty, LLC

    2756 Epping Crest Dr, Memphis, TN 38128

Why Live in Raleigh

Raleigh, a growing suburb in northeast Memphis, is experiencing revitalization with major employers like Amazon and Nike strengthening the community. The neighborhood features a mix of ranch-style, split-level, and colonial revival homes, many 40 to 50 years old with fenced-in backyards and carports. Newer traditional homes with open floorplans are also available. Raleigh's residential streets are shaded by oak trees, and the area includes small lakes such as Otter and Beaver Lake, offering waterfront views. Located about 13 miles from Downtown Memphis, Raleigh is near Interstate 40, providing access to Memphis, Nashville, and Knoxville. Public transportation is available via Route 11 of the Memphis Area Transit Authority Bus, and Memphis International Airport is about 20 miles away. The commercial hub along Austin Peay Highway includes regional fast-food chains, local favorites like Donut Man and Southern Hands, and big-box stores such as Aldi. Green spaces are plentiful, with Harry C Pierotti Park offering tennis and basketball courts, a playground, and the Raleigh Community Center, which features an outdoor pool and various programs. The Raleigh Springs Civic Center includes a pond, a skate park, and the Raleigh Library. Outdoor activities extend to the Wolf River Greenway and Epping Lake, popular for biking and fishing. Raleigh is served by the Shelby County School District, with several public and charter school options available. The neighborhood also hosts annual events like the Block Party for Peace, fostering a strong sense of community.

Home Trends in Raleigh, TN

Housing Trends

Median Sale Price
$163,700
Median Single Family Sale Price
$170,000
Median Townhouse Sale Price
$196,200
Median 2 Bedroom Sale Price
$95,000
Average Price Per Sq Ft
$107
Number of Homes for Sale
66
Last 12 months Home Sales
206
Months of Supply
3.80
Median List Price
$175,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
13%
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