$179,298Average Value$147Average Price per Sq Ft64Homes For Sale
Colonial Acres has suburban character near East Memphis amenities
The Memphis neighborhood of Colonial Acres is one of several middle-class suburbs that sprang up in this area in the middle of the 20th century. Today, it still has a throwback feel. It’s a quiet, leafy neighborhood, with tall oaks shading most homes. But it also features a convenient location near commuting routes and East Memphis ’ shopping and parks. Homebuyers are drawn to the combination of suburban comfort, nearby amenities and relatively affordable prices.
Ranch-style home prices are affordable enough for first-time buyers
Colonial Acres is mostly suburban, quiet and green — when the community was being built, developers planted two oak trees on every lot. Homes are ranch-style, with prices ranging from just below $100,000 to the upper $300,000s. About half are owner-occupied, with the rest rented. But the area tends to be popular with first-time homebuyers. “When I have young people that are looking for their first real estate purchase, and they ask me where’s the place to go, I tell them Colonial Acres,” says Steve Boysen, a broker with Crye-Leike who has worked in the Memphis region for 40 years.
Ranch-style homes are abundant in Colonial Acres.
Spacious ranch-style homes sit on woodsy lots in Colonial Acres.
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Local schools are walkable, including a top-rated private option
Colonial Acres is in the Memphis-Shelby County Schools district. A few schools are located in the neighborhood and are walkable, like Willow Oaks Elementary School, Colonial Middle School and Overton High School. The district also offers a school choice application process. But the neighborhood is also home to a top-rated private school, the Harding Academy of Memphis. It teaches kids from prekindergarten through 12th grade and has a student-teacher ratio of less than 10-to-1.
Students in Colonial Acres begin their education at Willow Oaks Elementary.
Colonial Middle is the next stop for students in Colonial Acres.
Overton High School shows off their school spirit.
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Shopping centers nearby around Poplar Avenue
There’s a shopping center on Quince Road with a Superlo Foods, plus plenty of fast food and specialty stores on Getwell Road. But the Poplar Avenue corridor is where you can find most of the shopping and dining. The Eastgate Shopping Center across the street from the neighborhood has tons of retail, like Michaels and T.J. Maxx. The Fresh Market sells groceries, and Kroger is on the other side of the shopping center. Gibson’s Donuts is right there too — it’s a local favorite.
Gibson's Donuts has been a staple of Colonial Acres since 1967.
The Eastgate Shopping Center offers a variety of retail options, such as Michaels.
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Walkable neighborhood parks, and things to do at Audubon Park
Most people who live in Colonial Acres have a park within walking distance. Godwin Park and Marquette Park are each pretty standard neighborhood parks, with playgrounds, walking paths and open fields for sports. Willow Park has a little more to it; there are several baseball and softball fields, plus a full-sized soccer field. It’s the home base for a lot of Memphis youth sports programs. The Marion Hale Community Center is also located at Willow Park, with an indoor gym and an outdoor community pool open over the summer. But the nearby Audubon Park is popular too, and it has a ton of things to do:
The Links at Audubon, a public golf course
The Leftwich Tennis Center, with over 30 indoor and outdoor courts
The Memphis Botanic Garden, which offers 96 acres of gardens
Radians Amphitheater, a concert venue that holds over 7,000 people
Take the kids to the playground at Godwin Park in Colonial Acres.
The Memphis Botanic Garden features a peaceful Japanese garden.
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Drivers have a convenient commute Downtown via I-240
It’s an easy commute from Colonial Acres to Downtown Memphis. Interstate 240 is on the neighborhood’s edge, and there are several access points. The highway leads most of the 14 miles into Downtown. “The interstate loop is definitely the better way to go. Traffic can be congested in a lot of areas of town,” says Jordan Ray, a Realtor with eXp Realty and a lifelong resident of the Memphis area. “But if you compare Memphis and its congestion with Atlanta, Georgia, or Chicago, … it’s nowhere near in comparison to what those cities are.”
Jobs also cluster near Memphis International Airport, which sits 8 miles away. People mainly drive in Memphis, but lots of East Memphis roads have bike lanes, and a couple of bus routes run through the area.
Colonial Acres is served by the Memphis Area Transit Authority.
Residents of Colonial Acres are about 8 miles away from the Memphis International Airport.
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Colonial Acres stands out with events like the Italian Festival
Like other nearby neighborhoods, there’s a voluntary community organization. The Colonial Acres Neighborhood Association covers the neighborhood, and lots of residents pay the annual $20 dues to help organize events and maintain the neighborhood. Yearly events include holiday celebrations like the Christmas parade, but the biggest is the Memphis Italian Festival. It’s held each May in Marquette Park and has games, live music and cooking demonstrations.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Colonial Acres neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Colonial Acres
US
Homicide
5
4
Sexual Assault
4
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Colonial Acres Demographics and Home Trends
On average, homes in Colonial Acres, Memphis sell after 52 days on the market compared to the national average of 55 days. The median sale price for homes in Colonial Acres, Memphis over the last 12 months is $200,000, up 1% from the median home sale price over the previous 12 months.
Great home with so many improvements. A few are: Improved workshop with garage 25x40 approximately 1000sf, new garage door with remote, new hot water heater, updated kitchen, dbl ss sink, stained floors and vinyl floors, new hardware, shower heads, faucets, blinds, painted interior and exterior, landscaped, new gate, new auto door locks, new ceiling in den with shiplap, gas cooking, two year old
This charming ranch-style home welcomes you with a front porch perfect for chatting with the neighbors. Inside, you will find 3 bedrooms and 1 full bathroom and versatile living spaces including an office area, dining room, and a spacious living room. Fresh interior paint, crown molding, and hardwood floors create a bright and inviting feel throughout. The efficient gallery-style kitchen offers a
At over 1600 square feet this move-in ready, renovated home features 4 bedrooms and 2 bathrooms, offering a comfortable living space with a den and living room. Enjoy fresh updates throughout, including the brand new bathrooms x2, the brand new kitchen, a freshly painted interior and exterior, new LVP flooring and refinished hardwoods throughout, and a new furnace and water heater. It also
Fully renovated 3-bedroom, 2-bathroom home in East Memphis featuring a new roof and driveway, along with many interior upgrades, including luxury vinyl plank flooring throughout & fresh interior and exterior paint. The updated kitchen includes new cabinets, recessed lighting, and a built-in microwave. Both bathrooms have been completely remodeled with ceramic tile surrounds, LED backlit mirrors,
Beautifully Renovated Home in Kings Park in the heart of East Memphis! So much living space! Fresh paint throughout, 3 gorgeous renovated bathrooms (2025-26) with zero entry showers. Updated spacious kitchen:new quartz countertops, new backsplash, new kitchen flooring. Scullery/laundry room of your dreams! with storage galore and a wall of pantries. Dining room, hearth room with wood burning fire
Beautifully maintained 3 bedroom, 1 bath home in the desirable Colonial Acres neighborhood, offering convenient access to all Memphis has to offer. Inside, you’ll find a warm and inviting layout with great natural light and hardwood floors throughout much of the home. A spacious dining room and additional sitting area provide flexible living space. The large den features terrazzo floors, custom
Charming East Memphis, Mid Century, brick ranch in desirable Colonial Acres! This 3BR/2BA home offers hardwood floors, abundant natural light, and a spacious layout with a large bonus/den area. Spacious kitchen opens to comfortable living spaces ideal for everyday living and entertaining. Enjoy a fenced backyard with room to relax or gather. Conveniently located near parks, shopping, dining, and
This cute, freshly updated 3 bedroom 1 bath home is close to all the shopping East Memphis has to offer. Have you ever wanted to live in a park? This is as close as you can get. The backyard of this property shares a fence with Marquette Park, home of Memphis' famous Italian Fest, a walking trail as well as play areas. But the best part actually comes when you step inside. The home features 3
This conveniently located ranch style home offers a masonry gas fireplace, smooth ceilings and hardwood floors throughout. The custom built kitchen boasts quartz counters, floor-to-ceiling cabinetry, and stainless steel appliances. The screened-in back porch is equipped with a doggy door, and overlooks a spacious and fully-fenced backyard with a brick patio perfect for entertaining. Home features
INVESTOR SPECIAL! Instant cash-flowing property. Tenant-Occupied. Please do not disturb or approach tenants. Well-maintained, affordable, East Memphis property perfect for an investor’s portfolio. Less than 10 minutes to the UofM. The tenant’s lease just ended, and they are now month-to-month. Currently rented at $1,550 per/mo. They have been in the home for two years and would like to stay. No
Charming one-story home featuring 4 bedrooms and a comfortable, functional layout. This property offers a spacious living area filled with natural light, a well-appointed kitchen with ample cabinet space, and generously sized bedrooms. The single-level design provides ease and convenience for everyday living. Enjoy a large yard with plenty of room for outdoor activities, entertaining, or future
Nestled in the highly sought-after Colonial Acres neighborhood of East Memphis, this fully renovated 3-bedroom, 2-bath ranch-style home blends classic charm with modern comfort. Thoughtfully updated throughout, this property features a bright open-concept living and dining area, a stylish kitchen with stainless steel appliances and breakfast bar, and beautifully refinished hardwood floors. The
1 Month FREE RENT For All 2 Bedroom Units & Reduced Rents!Discover our recently renovated affordable apartment homes that offer spacious 1, 2, and 3-bedroom floor plans. The apartments feature a well-equipped kitchen with a stove, refrigerator, dishwasher, and garbage disposal. All units have plank flooring and central heating and air conditioning. The community has large courtyards, an
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
A newly updated and super convenient single-family home with 3 bedrooms and 2 bathrooms. This house showcases original hardwood flooring throughout and a spacious kitchen with refrigerator. Separate dining room. This is a lovely place that fits for your family. Come and visit. Schedule a viewing today!! Accepts Section 8 applicants.
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
Welcome to your perfect rental home in Colonial Acres! This fully furnished 3-bedroom, 2-bath home offers comfort, style, and convenience in a prime central location. The spacious layout features multiple living areas, a modern kitchen with new appliances, and smart TVs in every bedroom and the family room. Enjoy a large, private backyard with a BBQ area—perfect for relaxing or entertaining.
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
Recently updated family home on nice fenced lot. Wood Flooring throughout with tile in kitchen Living Room/ Dining Room combonation Storage Building One car Carport Nice quiet East Memphis Neighborhood Ready for occupancy
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
$99 First Month Rent This well-maintained 3-bedroom, 2-bathroom home in Memphis offers comfortable living with practical features ideal for a family. The updated kitchen includes a dishwasher and plenty of cabinet space, making daily meals and cleanup easy. Hardwood flooring throughout adds durability and a clean, classic look. The home features a fenced backyard, perfect for outdoor activities
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