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Southeast Memphis Multifamily Homes & Duplexes for Sale

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    $130,000 Open Sat 12PM - 2PM

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    2939 Armistead Ave, Memphis, TN 38114

    Great Great New Price! Check out this great home for first time home buyer to enjoy the recently renovated 3bedroom 1bath. This home features new kitchen, with granite countertops, backsplash, updated bathroom, new flooring, fresh interior and exterior paint, new roof, new HVAC, water heater, new electrical and new light fixtures. Sit back and enjoy the nice front porch and a huge backyard with

    Lisa Townsend BEST Real Estate Company

    2939 Armistead Ave, Memphis, TN 38114
  • /10

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    2452 Pecan Cir, Memphis, TN 38114

    Newly Renovated 3 Bedroom 1 Bath home in Memphis, with bonus room. Updated kitchen with GRANITE countertops! This home will be great for a first time homebuyer or a savvy investor.

    DonAngela Johnson Crye-Leike, Inc., REALTORS

    2452 Pecan Cir, Memphis, TN 38114
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    $89,900

    • 1 Bed
    • 1 Bath
    • 1,224 Sq Ft

    1374 Rayner St, Memphis, TN 38106

    Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex home is in the 38106 area. Cash flowing with a monthly rental amount of $450 and $355/month. The lease ends on 01/31/2026 and month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    1374 Rayner St, Memphis, TN 38106

Why Live in Southeast Memphis

Southeast Memphis, located about 4 miles southeast of downtown, is a neighborhood rich in community spirit and culinary delights. Known for its hidden gems, residents and visitors alike flock to Payne’s Bar-B-Que on Lamar Avenue, often touted as the best barbecue spot in the city. For those with a sweet tooth, Makeda’s Homemade Cookies, 3 miles south, offers legendary butter cookies among other treats. The Lamar-Airways Shopping Center provides convenient retail options, including Superlo Foods and Walgreens. Residential streets feature a mix of single-family homes and multifamily developments, with Craftsman-style houses and modest cottages showcasing wood paneling, iron-wrought porches, and rustic stone exteriors. Recreational opportunities abound with Jesse Turner Park’s tennis courts and baseball field, Glenview Park’s walking trails and playground, and Pine Hill Park’s playground and basketball courts. The Glenview Community Center offers a gymnasium, game room, and art studio, along with summer camps for children. Golf enthusiasts can visit The Links at Pine Hill. Just outside the neighborhood, the Graceland Museum and Mansion attract Elvis Presley fans with tours of his historic home and exhibits of his memorabilia. The Shelby County School District serves the area, though local schools have mixed ratings. Residents benefit from proximity to downtown Nashville, major interstates, and Memphis International Airport. Public transportation is accessible with bus stops throughout the neighborhood. The Medical District, less than 5 miles away, includes multiple hospitals, providing ample healthcare options.

Home Trends in Southeast Memphis, TN

Housing Trends

Median Sale Price
$70,000
Median Single Family Sale Price
$85,000
Median Townhouse Sale Price
$179,900
Median 2 Bedroom Sale Price
$71,000
Average Price Per Sq Ft
$81
Number of Homes for Sale
98
Last 12 months Home Sales
144
Months of Supply
8.20
Median List Price
$90,000
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
-7%
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