Frayser-Raleigh Pd, TN homes for sale & real estate

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NEW CONSTRUCTION

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Great opportunity in Memphis! This charming home at 2931 Lake Park Rd features a functional layout with bright living space, spacious bedrooms, and a generous backyard perfect for outdoor living or entertaining. Conveniently located near major routes, local schools, shopping, and parks. Ideal primary residence or turn-key investment. Schedule your showing today!

$189,900

4 beds2 baths— sq ft

2931 Lake Park Rd, Memphis, TN 38127

Bright living space • Local schools • Functional layout

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
16–25 UNIT INVESTMENT OPPORTUNITY | 100% OCCUPIED! Excellent opportunity to acquire a fully occupied, income-producing 16-unit apartment building in Memphis. All units feature two bedrooms, with significant renovations completed in 2022. Offered at $1,295,000, approximately $80,938 per unit. Investors can also acquire the adjoining 9-unit building at 1695 Ontario for a combined 25-unit portfolio price of $1,695,000—just $67,800 per unit! Established rental income, additional income potential and existing property management available to remain in place. Ideal for investors looking to expand their multifamily portfolio. Financials and rent roll available upon request. Owner finan

$1,295,000

32 beds1 bath— sq ft

1707 Ontario Ave, Memphis, TN 38127

Built 1974 • Listed 23 days

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Charming 3-bedroom, 1-bath home in a convenient North Memphis location. Features a spacious living area, functional floor plan, and generous yard with plenty of potential for outdoor enjoyment. Ideal for first-time buyers, investors, or anyone seeking affordable homeownership with easy access to schools, shopping, and major roadways. Move-in ready and full of opportunity.

$112,500

3 beds1 bath— sq ft

2286 Delray Ave, Memphis, TN 38127

Generous yard • Spacious living area • Outdoor enjoyment

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Renovated 3 bedroom, 1 bathroom home was fully updated in 2023 and offers true peace of mind. Major improvements include a brand-new roof, HVAC system, and water heater—ensuring long-term durability and low maintenance costs. Inside, the home features modern and stylish updates throughout, creating an attractive living space for tenants and maximizing rental appeal. With all major systems upgraded and the interior refreshed, this property is ready for a new owner occupent or an Investor to start generating income immediately.

$129,900

3 beds1 bath— sq ft

2436 Chattering Ln, Memphis, TN 38127

Water heater • Hvac system • Interior refreshed

ABOUT THIS HOME
Frayser-Raleigh Pd, TN Homes for Sale
Welcome to this charming 1-story home offering 3 bedrooms, 1 bathroom, and 950 square feet of living space. A welcoming front porch adds to the home's curb appeal and provides a great spot to relax. Inside, the single-level floor plan offers comfortable living areas with plenty of opportunity to personalize the space and make it your own. Whether you're looking for your next home or an investment opportunity, this property has plenty of potential. Property to be sold as-is. Schedule your showing today!

$59,900

3 beds1 bath— sq ft

2531 Lisa Ave, Memphis, TN 38127

7,405 sq ft lot • Built 1973 • Listed 43 days

Property at 3764 Longmont Cv, Memphis, TN 38128, 3 beds, 1 bath

$115,000

3 beds1 bath— sq ft

3764 Longmont Cv, Memphis, TN 38128

Property at 5634 Tulip Grove Dr, Memphis, TN 38135, 3 beds, 2.5 baths

$268,000

3 beds2.5 baths— sq ft

5634 Tulip Grove Dr, Memphis, TN 38135

Property at 3215 University St, Memphis, TN 38127, 2 beds, 1 bath

$94,500

2 beds1 bath— sq ft

3215 University St, Memphis, TN 38127

Property at 3206 Keystone Ave, Memphis, TN 38128, 3 beds, 1.5 baths

$98,000

3 beds1.5 baths— sq ft

3206 Keystone Ave, Memphis, TN 38128

Property at 1640 Portland Ave, Memphis, TN 38127, 3 beds, 4.5 baths

$69,900

3 beds4.5 baths— sq ft

1640 Portland Ave, Memphis, TN 38127

Property at 3740 Ladue St, Memphis, TN 38127, 3 beds, 1 bath

$85,000

3 beds1 bath— sq ft

3740 Ladue St, Memphis, TN 38127

Property at 3589 Covington Pike #513, Memphis, TN 38128, 2 beds, 2 baths

$129,900

2 beds2 baths— sq ft

3589 Covington Pike #513, Memphis, TN 38128

Property at 5363 Gloucester Ave, Memphis, TN 38135, 3 beds, 2 baths

$210,000

3 beds2 baths— sq ft

5363 Gloucester Ave, Memphis, TN 38135

Property at 3315 Thomas St, Memphis, TN 38127, 3 beds, 1 bath

$170,000

3 beds1 bath— sq ft

3315 Thomas St, Memphis, TN 38127

Property at 3133 Vista Grande St, Memphis, TN 38127, 3 beds, 1 bath

$69,900

3 beds1 bath— sq ft

3133 Vista Grande St, Memphis, TN 38127

Property at 3281 Fairbanks St, Memphis, TN 38128, 3 beds, 1.5 baths

$149,000

3 beds1.5 baths— sq ft

3281 Fairbanks St, Memphis, TN 38128

Property at 2330 Slocum Ave, Memphis, TN 38127, 2 beds, 1 bath

$49,900

2 beds1 bath— sq ft

2330 Slocum Ave, Memphis, TN 38127

Property at 2789 Alpena Dr, Memphis, TN 38127, 4 beds, 2 baths

$94,900

4 beds2 baths— sq ft

2789 Alpena Dr, Memphis, TN 38127

Property at 1885 Willow Wood Ave, Memphis, TN 38127, 3 beds, 1 bath

$89,900

3 beds1 bath— sq ft

1885 Willow Wood Ave, Memphis, TN 38127

Property at 3641 Raleigh-millington Rd, Memphis, TN 38128, 4 beds, 2.5 baths

$235,000

4 beds2.5 baths— sq ft

3641 Raleigh-millington Rd, Memphis, TN 38128

Property at 5326 Meegan Dr, Memphis, TN 38135, 3 beds, 2 baths

$230,000

3 beds2 baths— sq ft

5326 Meegan Dr, Memphis, TN 38135

Property at 3580 Ramill Rd, Memphis, TN 38128, 3 beds, 1.5 baths

$139,900

3 beds1.5 baths— sq ft

3580 Ramill Rd, Memphis, TN 38128

Property at 5324 Yale Rd, Memphis, TN 38134, 3 beds, 2 baths

$205,000

3 beds2 baths— sq ft

5324 Yale Rd, Memphis, TN 38134

Property at 1841 James Rd, Memphis, TN 38127, 3 beds, 1.5 baths

$89,900

3 beds1.5 baths— sq ft

1841 James Rd, Memphis, TN 38127

Property at 3768 Alma Dr, Memphis, TN 38127, 5 beds, 2 baths

$129,900

5 beds2 baths— sq ft

3768 Alma Dr, Memphis, TN 38127

Property at 3615 Windermere Rd, Memphis, TN 38128, 4 beds, 1 bath

$74,900

4 beds1 bath— sq ft

3615 Windermere Rd, Memphis, TN 38128

Property at 3091 Taransay Rd, Memphis, TN 38128, 2 beds, 2 baths

$79,900

2 beds2 baths— sq ft

3091 Taransay Rd, Memphis, TN 38128

Property at 4709 Stage Rd, Memphis, TN 38128, 4 beds, 3 baths

$165,000

4 beds3 baths— sq ft

4709 Stage Rd, Memphis, TN 38128

Property at 3018 Scotland Rd, Memphis, TN 38128, 4 beds, 2 baths

$220,000

4 beds2 baths— sq ft

3018 Scotland Rd, Memphis, TN 38128

Property at 4025 Winding Hill Cv, Memphis, TN 38128, 3 beds, 2 baths

$119,000

3 beds2 baths— sq ft

4025 Winding Hill Cv, Memphis, TN 38128

Property at 3101 St Charles Dr, Memphis, TN 38127, 2 beds, 1 bath

$64,000

2 beds1 bath— sq ft

3101 St Charles Dr, Memphis, TN 38127

Property at 3931 Twilight Cv, Memphis, TN 38128, 3 beds, 2 baths

$149,900

3 beds2 baths— sq ft

3931 Twilight Cv, Memphis, TN 38128

Property at 3142 Harvester Ln E, Memphis, TN 38127, 2 beds, 1 bath

$39,900

2 beds1 bath— sq ft

3142 Harvester Ln E, Memphis, TN 38127

Property at 4025 Balfour St, Memphis, TN 38127, 3 beds, 1.5 baths

$79,900

3 beds1.5 baths— sq ft

4025 Balfour St, Memphis, TN 38127

Property at 3569 Kensett Dr, Memphis, TN 38127, 3 beds, 1 bath

$69,900

3 beds1 bath— sq ft

3569 Kensett Dr, Memphis, TN 38127

Property at 3440 Keokee Cv, Memphis, TN 38128, 3 beds, 2 baths

$124,900

3 beds2 baths— sq ft

3440 Keokee Cv, Memphis, TN 38128

Property at 4158 Agate Cv, Memphis, TN 38127, 4 beds, 1 bath

$69,900

4 beds1 bath— sq ft

4158 Agate Cv, Memphis, TN 38127

Property at 4376 Howardcrest Dr, Memphis, TN 38128, 3 beds, 2 baths

$113,000

3 beds2 baths— sq ft

4376 Howardcrest Dr, Memphis, TN 38128

Property at 3267 Wythe Rd, Memphis, TN 38134, 3 beds, 2 baths

$199,900

3 beds2 baths— sq ft

3267 Wythe Rd, Memphis, TN 38134

Property at 3793 Helen Ann Dr, Memphis, TN 38127, 4 beds, 2 baths

$129,900

4 beds2 baths— sq ft

3793 Helen Ann Dr, Memphis, TN 38127

Property at 2815 Epping Crest Cv, Memphis, TN 38128, 4 beds, 3 baths

$359,900

4 beds3 baths— sq ft

2815 Epping Crest Cv, Memphis, TN 38128

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Average home prices near Frayser-Raleigh Pd, TN

Cities

Neighborhoods

Downtown Memphis homes for sale
$260,450
Jackson homes for sale
$152,925
North Memphis homes for sale
$165,000
Raleigh homes for sale
$145,000
Harbor Town homes for sale
$519,000
High Point Terrace homes for sale
$347,250
Midtown homes for sale
$260,000
Frayser homes for sale
$99,900
Mud Island homes for sale
$402,450
Harbortown homes for sale
$354,950

Frayser-Raleigh Pd, TN real estate trends

All Home Types trends in Frayser-Raleigh Pd, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$109,419

-12.1% YoY | Sep 2026

1 year
3 year
5 year

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

Location

Data

Sep 2026

Growth

% YoY

Frayser-Raleigh Pd, TN

$109,419

-12.1%

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