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Explore Similar Mobile Homes Within 2 Miles of South Memphis, TN

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    $35,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1554 Pillow St, Memphis, TN 38106

    Investor’s Delight! Looking for your next investment opportunity in the heart of South Memphis? This 2-bedroom, 1-bathroom corner-lot home also features a small bonus room by the back door—perfect for an office, storage, or flex space. The property is ready for a full renovation and offers the ideal chance to build generational wealth and residual income. Don’t miss out—cash offers only! Owner

    Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

    1554 Pillow St, Memphis, TN 38106

Why Live in South Memphis

South Memphis, often referred to as Soulsville, is a neighborhood with a rich history rooted in soul music, highlighted by the Stax Museum, which stands as a symbol of the community's cultural heritage. The area is undergoing significant changes, with newly constructed apartments and housing communities replacing older public housing projects. Many homes in South Memphis are ranch-style properties from the 1950s and 1960s, with some being sold to investors and others to owner-occupants. The neighborhood is served by Memphis-Shelby County Schools, with Soulsville Charter School being a standout option due to its high graduation rate. Local attractions include Martin Luther King Jr. Riverside Park, which offers playgrounds, walking trails, and a lake, and the Carlisle S. Page Arboretum, home to about 1,500 trees. The Green Leaf Learning Farm provides after-school programs focused on gardening and culinary arts. Dining options are plentiful, with The Four Way being a notable soul food restaurant with historical significance. Southgate Shopping Center caters to shopping needs, and the neighborhood's proximity to downtown Memphis, just 3 miles away, ensures quick access to top attractions and major employers. Community organizations like the Soulsville Foundation and The Knowledge Quest are actively working to uplift the area.

Home Trends in South Memphis, TN

Housing Trends

Median Sale Price
$55,000
Median Single Family Sale Price
$67,250
Median Townhouse Sale Price
$197,000
Median 2 Bedroom Sale Price
$65,000
Average Price Per Sq Ft
$63
Number of Homes for Sale
92
Last 12 months Home Sales
123
Months of Supply
9.00
Median List Price
$80,000
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
4%
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