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South City Houses for Sale

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  • /13

    $195,000

    • 4 Beds
    • 2,460 Sq Ft

    877 Polk Ave, Memphis, TN 38126

    Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit

    Cali Neal KAIZEN Realty, LLC

    877 Polk Ave, Memphis, TN 38126
  • /13

    $550,000

    • 20 Beds
    • 6,150 Sq Ft

    486 E Georgia Ave, Memphis, TN 38126

    Fully Renovated & Fully Occupied 10 Unit Apartment Building~Each Apartment is 2BR/1BA~Each Unit Recently Renovated~All Tenants on Month-to-Month Lease~No Showings without Accepted Offer~Please Do Not Disturb Tenants

    Jennifer Carstensen Real Estate Agency

    486 E Georgia Ave, Memphis, TN 38126
  • /5

    $44,500

    • 3 Beds
    • 1 Bath
    • 1,600+ Sq Ft

    867 Polk Ave, Memphis, TN 38126

    Investors Only! Here's a solid investment opportunity, especially with New South Memphis growing. The home has good structural, a full rehab is needed and could significantly increase its value, particularly given it's less than ten minutes to Beale Street. Are you considering resale or holding for rental (market rate avg $1350) With the area growing, either strategy could yield strong returns.

    KaTrina Kelly-Isom 4 Success Realty, LLC

    867 Polk Ave, Memphis, TN 38126
  • /40

    $450,000

    • 6 Beds
    • 5.5 Baths
    • 3,800+ Sq Ft

    309 S Dudley St, Memphis, TN 38104

    Historic American foursquare with grand foyer & double staircase, soaring ceilings with spacious rooms. Full of Southern charm with a grand front porch. Five bedrooms have full bathrooms attached, private office with dedicated entrance, and extra room for entertaining. Rear, gated parking. Perfectly nestled between Downtown and the Medical District, walking distance from UT Dental & Medical

    Meleah Thurmond-Edwards KAIZEN Realty, LLC

    309 S Dudley St, Memphis, TN 38104

Why Live in South City

South City in Memphis is a historic neighborhood that has been a significant part of the city's racial equality movement since its merger with Memphis in 1849. The area has undergone substantial changes, particularly with the demolition of the Foote Homes public housing project in 2017 and the introduction of new mixed-income housing in 2019. This transformation has led to a significant population turnover, with nearly 80% of residents being new to the community. Organizations like the Emmanuel Center play a crucial role in fostering community connections, providing free academic enrichment and safe spaces for children. Housing in South City is predominantly rental, with subdivisions like Foote Park at South City and Cleaborn Point at Heritage Landing offering various amenities. New mixed-income properties continue to be developed, with the fifth phase completed in 2024. The neighborhood is served by the Memphis-Shelby County district, with schools like LaRose Elementary and Booker T. Washington Middle and High offering various educational resources and programs. Local features include L.E. Brown Park, which has a basketball court, playground, and pool, and the Cornelia Crenshaw Memorial Library, which offers financial literacy courses and book clubs. Dining options are limited within the neighborhood, but downtown restaurants are less than 2 miles away. South City also hosts the annual South City Heritage Fest, celebrating its rich history with local vendors and live performances. Despite economic challenges, with median incomes significantly lower than the state average, efforts by organizations like SCORE Community Development Corporation aim to improve community engagement and reduce crime rates.

Home Trends in South City, TN

Housing Trends

Median Sale Price
$522,490
Median Single Family Sale Price
$522,490
Average Price Per Sq Ft
$164
Number of Homes for Sale
0
Last 12 months Home Sales
5
Months of Supply
0.00
Median List Price
$502,490
Median Change From 1st List Price
0%
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