Parkway Village, TN homes for sale & real estate

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ABOUT THIS HOME
Parkway Village, TN Homes for Sale
Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the portfolio with room to increase rents, offering additional upside for investors. Ideal for those seeking stable, income-producing assets in a growing market.

$75,000

2 beds2 baths— sq ft

2825 Sonora Dr #1, Memphis, TN 38115

Built 1973 • Listed 151 days

ABOUT THIS HOME
Parkway Village, TN Homes for Sale
Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the portfolio with room to increase rents, offering additional upside for investors. Ideal for those seeking stable, income-producing assets in a growing market.

$75,000

2 beds2 baths— sq ft

2771 Sonora Dr #1, Memphis, TN 38115

Built 1973 • Listed 152 days

ABOUT THIS HOME
Parkway Village, TN Homes for Sale
Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the portfolio with room to increase rents, offering additional upside for investors. Ideal for those seeking stable, income-producing assets in a growing market.

$75,000

2 beds2 baths— sq ft

2786 Mojave Pl #1, Memphis, TN 38115

Built 1973 • Listed 152 days

ABOUT THIS HOME
Parkway Village, TN Homes for Sale
Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the portfolio with room to increase rents, offering additional upside for investors. Ideal for those seeking stable, income-producing assets in a growing market.

$75,000

2 beds1.5 baths— sq ft

3766 Cambridge Station Dr #3766, Memphis, TN 38115

Built 1973 • Listed 152 days

ABOUT THIS HOME
Parkway Village, TN Homes for Sale
Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19,780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 1–4 years and are being sold as turnkey investments. Strong rental history across the portfolio with room to increase rents, offering additional upside for investors. Ideal for those seeking stable, income-producing assets in a growing market.

$75,000

2 beds1.5 baths— sq ft

3765 Station Way #3765, Memphis, TN 38115

Built 1973 • Listed 152 days

Property at 3757 Cambridge Station Dr #3757, Memphis, TN 38115, 3 beds, 1.5 baths

$75,000

3 beds1.5 baths— sq ft

3757 Cambridge Station Dr #3757, Memphis, TN 38115

Property at 3746 Cambridge Station Dr #3746, Memphis, TN 38115, 2 beds, 1.5 baths

$75,000

2 beds1.5 baths— sq ft

3746 Cambridge Station Dr #3746, Memphis, TN 38115

Property at 5211 Flowering Peach Dr, Memphis, TN 38115, 3 beds, 1.5 baths

$75,000

3 beds1.5 baths— sq ft

5211 Flowering Peach Dr, Memphis, TN 38115

Property at 3394 Point Pleasant Ave, Memphis, TN 38118, 3 beds, 1 bath

$65,000

3 beds1 bath— sq ft

3394 Point Pleasant Ave, Memphis, TN 38118

Property at 4915 Foxhall Cv, Memphis, TN 38118, 5 beds, 3.5 baths

$158,000

5 beds3.5 baths— sq ft

4915 Foxhall Cv, Memphis, TN 38118

Property at 3626 Outland Rd Rd #86, Memphis, TN 38118, 3 beds, 2 baths

$75,000

3 beds2 baths— sq ft

3626 Outland Rd Rd #86, Memphis, TN 38118

Property at 3421 Piney Woods Ave, Memphis, TN 38118, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

3421 Piney Woods Ave, Memphis, TN 38118

Property at 4947 Demeter Cv, Memphis, TN 38118, 3 beds, 2 baths

$169,500

3 beds2 baths— sq ft

4947 Demeter Cv, Memphis, TN 38118

Property at 3054 Inverness Parkway Dr, Memphis, TN 38115, 4 beds, 2.5 baths

$205,000

4 beds2.5 baths— sq ft

3054 Inverness Parkway Dr, Memphis, TN 38115

Property at 3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115, 3 beds, 2.5 baths

$69,900

3 beds2.5 baths— sq ft

3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115

Property at 3118 Arrendale St, Memphis, TN 38118, 3 beds, 2 baths

$214,000

3 beds2 baths— sq ft

3118 Arrendale St, Memphis, TN 38118

Property at 3191 Clarendon Rd, Memphis, TN 38118, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

3191 Clarendon Rd, Memphis, TN 38118

Property at 2705 Mcmurray St, Memphis, TN 38118, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

2705 Mcmurray St, Memphis, TN 38118

Property at 3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115, 3 beds, 2 baths

$62,500

3 beds2 baths— sq ft

3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115

Property at 3819 High Bridge Ct #30, Memphis, TN 38118, 2 beds, 1.5 baths

$80,000

2 beds1.5 baths— sq ft

3819 High Bridge Ct #30, Memphis, TN 38118

Property at 3467 Fox Meadows Rd, Memphis, TN 38115, 3 beds, 2 baths

$185,000

3 beds2 baths— sq ft

3467 Fox Meadows Rd, Memphis, TN 38115

Property at 3212 Thirteen Colony Mall Unit 3A, Memphis, TN 38115, 2 beds, 2 baths

$68,000

2 beds2 baths— sq ft

3212 Thirteen Colony Mall Unit 3A, Memphis, TN 38115

Property at 3509 Pine Ridge Ln, Memphis, TN 38118, 3 beds, 1 bath

$84,900

3 beds1 bath— sq ft

3509 Pine Ridge Ln, Memphis, TN 38118

Property at 2849 S Mendenhall Rd, Memphis, TN 38115

$65,000

— beds— baths— sq ft

2849 S Mendenhall Rd, Memphis, TN 38115

Property at 00 Tchulahoma Rd, Memphis, TN 38118

$79,900

— beds— baths— sq ft

00 Tchulahoma Rd, Memphis, TN 38118

Property at 6400 Stateline Rd, Olive Branch, MS 38654

$89,000

— beds— baths— sq ft

6400 Stateline Rd, Olive Branch, MS 38654

Property at 3366 E Shelby Dr, Memphis, TN 38118

$60,000

— beds— baths— sq ft

3366 E Shelby Dr, Memphis, TN 38118

Property at 3065 Childress Rd, Memphis, TN 38132

$30,000

— beds— baths— sq ft

3065 Childress Rd, Memphis, TN 38132

Property at 3061 Childress Rd, Memphis, TN 38132

$30,000

— beds— baths— sq ft

3061 Childress Rd, Memphis, TN 38132

Property at 3055 Childress Rd, Memphis, TN 38132

$30,000

— beds— baths— sq ft

3055 Childress Rd, Memphis, TN 38132

Property at 3051 Childress Rd, Memphis, TN 38132

$37,000

— beds— baths— sq ft

3051 Childress Rd, Memphis, TN 38132

Property at 2944 Millbranch Rd, Memphis, TN 38116

$249,900

— beds— baths— sq ft

2944 Millbranch Rd, Memphis, TN 38116

Property at 3646 Democrat Rd, Memphis, TN 38118

$55,000

— beds— baths— sq ft

3646 Democrat Rd, Memphis, TN 38118

Property at 3628 Democrat Rd, Memphis, TN 38118

$55,000

— beds— baths— sq ft

3628 Democrat Rd, Memphis, TN 38118

Property at 0 Tchulahoma Rd, Memphis, TN 38118

$450,000

— beds— baths— sq ft

0 Tchulahoma Rd, Memphis, TN 38118

Property at 0 Arnold Rd, Memphis, TN 38118

$1,000,000

— beds— baths— sq ft

0 Arnold Rd, Memphis, TN 38118

Property at 4825 American Way Blvd, Memphis, TN 38118

$75,000

— beds— baths— sq ft

4825 American Way Blvd, Memphis, TN 38118

Property at 4140 E Shelby Dr E, Memphis, TN 38118

$150,000

— beds— baths— sq ft

4140 E Shelby Dr E, Memphis, TN 38118

Property at 4150 E Shelby Dr E, Memphis, TN 38118

$150,000

— beds— baths— sq ft

4150 E Shelby Dr E, Memphis, TN 38118

Property at 2829 Sonora Dr #116, Memphis, TN 38115, 2 beds, 2 baths

$75,000

2 beds2 baths— sq ft

2829 Sonora Dr #116, Memphis, TN 38115

Property at 2791 Sonora Dr #4, Memphis, TN 38115, 2 beds, 2 baths

$75,000

2 beds2 baths— sq ft

2791 Sonora Dr #4, Memphis, TN 38115

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Average home prices near Parkway Village, TN

Cities

Neighborhoods

Southeast Memphis homes for sale
$155,900
Colonial Acres homes for sale
$249,532
East Memphis homes for sale
$399,000
Midtown homes for sale
$275,000
South Memphis homes for sale
$80,000
Whitehaven homes for sale
$169,450
Sea Isle Park homes for sale
$258,075
University of Memphis homes for sale
$133,900
Southwind homes for sale
$344,900
White Station Shady Grove homes for sale
$469,500

Parkway Village, TN real estate trends

All Home Types trends in Parkway Village, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$139,950

-0.036% YoY | Oct 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Oct 2025

Growth

% YoY

Parkway Village, TN

$139,950

-0.036%

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Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Mon Nov 24 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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