$199,700
- Land
- 2.96 Acres
- $67,466 per Acre
5259 Stage Rd, Memphis, TN 38134
5259 Stage Rd, Memphis, TN 38134$199,700
5259 Stage Rd, Memphis, TN 38134
5259 Stage Rd, Memphis, TN 38134$13,997
0 Dunnavant St Unit Memphis TN 38106, Memphis, TN 38106
0 Dunnavant St Unit Memphis TN 38106, Memphis, TN 38106Call for Price
6476 Winchester Rd, Memphis, TN 38115
6476 Winchester Rd, Memphis, TN 38115$27,997
280 Bullington Ave Unit Memphis TN 38106, Memphis, TN 38106
280 Bullington Ave Unit Memphis TN 38106, Memphis, TN 38106$900,000 Pre-Foreclosure
645 E Georgia Ave, Memphis, TN 38126
645 E Georgia Ave, Memphis, TN 38126$34,900
S Weaver Rd, Memphis, TN 38109
S Weaver Rd, Memphis, TN 38109$189,900
0 Horn Lake Rd Unit 25756508, Memphis, TN 38109
0 Horn Lake Rd Unit 25756508, Memphis, TN 38109$1,249,000
179 Vance Ave, Memphis, TN 38103
Chris Garland Crye-Leike, Inc., REALTORS
$75,000
1314 S Willett St, Memphis, TN 38106
Sonja Hester Progressive Realty Services
Memphis stands as the birthplace of Blues, Soul, and Rock 'n' Roll, with legendary music landmarks like Sun Studio, where Elvis Presley and Johnny Cash recorded their earliest hits. The city's rich cultural heritage comes alive through attractions like Graceland, Elvis's iconic mansion, and the National Civil Rights Museum at the Lorraine Motel. Beale Street pulses with live music venues, while outdoor spaces like the 4,500-acre Shelby Farms Park and the Mississippi River waterfront at Tom Lee Park provide natural escapes. The culinary scene features standout restaurants such as Central BBQ, known for hickory-smoked ribs, and Gus's Fried Chicken, a regional icon serving Southern spicy fried chicken.
The Memphis housing market presents diverse options across distinct neighborhoods. Single-family homes in Midtown Memphis have a median price of $310,000, while similar properties in Cooper-Young reach $311,000. Downtown Memphis single-family homes show a median price of $265,000. The median price for townhomes throughout Memphis is $399,000, while one-bedroom condos typically sell for a median price of $161,000.
Memphis maintains a cost of living 10.3% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while single renters require about $55,000. The property tax rate in Shelby County sits at 1.03%, with no state income tax and a combined sales tax rate of 9.56%. Monthly grocery costs average $1,600 for families and $700 for singles. The city's educational landscape includes highly rated institutions like White Station High School serving multiple neighborhoods and private schools such as Hutchison School and Memphis University School. The University of Memphis and Rhodes College add to the academic environment.
On average, homes in Memphis, TN sell after 59 days on the market compared to the national average of 53 days. The median sale price for homes in Memphis, TN over the last 12 months is $202,000, up 7% from the median home sale price over the previous 12 months.
Memphis buyers often prioritize spacious homes, timeless architecture, and outdoor areas to enjoy the city’s warm climate and laid-back lifestyle.
In Memphis, there are currently 9 studio homes for sale, offering practical living options for individuals or couples seeking simplicity and affordability. Whether you're in search of a studio condo with modern amenities or a cozy studio apartment, these properties provide affordable housing solutions in desirable locations. With their efficient use of space and inclusive amenities, studio homes offer an opportunity to embrace a simplified lifestyle without sacrificing comfort or convenience. Explore the selection of studio homes for sale in Memphis, TN and find the perfect place to call home.