Raleigh Houses for Sale

• 

  

  /2

  $156,800

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  4193 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 1 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6268

  4193 Riche Rd, Memphis, TN 38128
• 

  

  /2

  $213,600

  • 4 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  3719 Battlefield Cove, Memphis, TN 38128

  Investor Alert: This 4 bed / 2 bath home in the Twin Lakes subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 609-2500

  3719 Battlefield Cove, Memphis, TN 38128
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  /2

  $127,116

  • 3 Beds
  • 1.5 Baths
  • 64 Sq Ft

  3279 Hanna Dr, Memphis, TN 38128

  See RealtyBid for property, auction, and access information.

  

  Brian Brockman

  Bang Realty

  (901) 665-2618

  3279 Hanna Dr, Memphis, TN 38128
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  /40

  $350,000

  • 5 Beds
  • 3 Baths
  • 3,200+ Sq Ft

  3953 Otter Dr, Memphis, TN 38128

  Escape to Peace and Tranquility on this Stunning Lakefront Property, where an Open Floor Plan seamlessly blends Indoor and Outdoor living. Imagine walking out to a Breath-Taking Lakeview, while sipping on a warm coffee; or just simply Relaxing on a Natural Canvas on almost an Acre of land. This Spacious home has 5 Bedrooms/ 3 Full Baths plus 1 Special Bonus Room with a Commercial sink.This home

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 883-7042

  3953 Otter Dr, Memphis, TN 38128
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  /19

  $165,000

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

  3784 Kipling Ave, Memphis, TN 38128

  Charming 3-bed, 1-bath home in Memphis! Features a spacious living area, updated flooring, and a large backyard. Fresh paint throughout and move-in ready. Conveniently located near shopping, dining, and major highways. Great opportunity for investors or homeowners looking for an affordable, well-maintained property. Don’t miss out—schedule a showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 657-6768

  3784 Kipling Ave, Memphis, TN 38128
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  /2

  $185,400

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  2591 Bay Pointe Cir E, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Bay Point Cottage subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 902-4218

  2591 Bay Pointe Cir E, Memphis, TN 38128
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  /2

  $169,100

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  4301 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6460

  4301 Riche Rd, Memphis, TN 38128
• 

  

  /23

  $245,000

  • 4 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  3844 N Lakewood Dr, Memphis, TN 38128

  Updated Corner Lot Home in Raleigh’s Lakewood Hills – Country Feel, City Convenience! Nestled in the hidden gem of Lakewood Hills, this 4-bed, 2.5-bath home sits on a spacious 0.7-acre corner lot, offering a peaceful, country-like setting. Featuring stone & hardwood floors throughout, a modern kitchen & baths, plus a detached 4th bedroom perfect as an in-law suite or office. Enjoy the private,

  Derek Shaw Progressive Realty Services

  3844 N Lakewood Dr, Memphis, TN 38128
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  /18

  $249,900

  • 3 Beds
  • 2.5 Baths
  • 2,400+ Sq Ft

  4795 Rolling Meadows Dr, Memphis, TN 38128

  Great Addition to your Investment Portfolio! This 3 Bedroom, 2 1/2 Bath Home Is a Fantastic Investment Opportunity in a Great Location. Very Roomy With Open Floor Plan with Large Walk-in Closets And a Storage Building. Close to Shopping and the Nike Warehouse and the New Addition of the Amazon Warehouse. This home is Tenant Occupied. Must Have an Accepted Contract to Schedule a Showing.

  Sheila Brackens 901, REALTORS

  4795 Rolling Meadows Dr, Memphis, TN 38128
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  /10

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  2608 Bay Pointe Cir E, Memphis, TN 38128

  Don’t miss this charming 3-bedroom, 2-bathroom ranch-style home located in a highly sought-after neighborhood! This well-designed, single-level layout offers comfortable living with spacious bedrooms, a functional kitchen, and a cozy living area perfect for relaxing or entertaining. The primary suite features an en-suite bathroom for added privacy. A generous yard and attached 2-car garage add

  Angela Cage Harris & Harris Realty Group

  2608 Bay Pointe Cir E, Memphis, TN 38128
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  /8

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3482 Bowman Ave, Memphis, TN 38128

  Showings begin Saturday, April 19, 2025.

  Kedrick Cottrell Hayes Homes and Realty, Inc

  3482 Bowman Ave, Memphis, TN 38128
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  /28

  $169,900

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4627 Buffer Dr, Memphis, TN 38128

  Spacious 3 bedroom 2 bath home that is move in ready! This home has so many updates: new paint, new LVP in the living spaces, new carpet in the bedrooms, new kitchen countertops, new lighting, new ceiling fans, new bathroom vanities. So many amazing updates inside and out that give it a modern feel. The spacious fenced backyard is perfect for your fur baby or entertaining friends and family.

  Camela Henke Enterprise, REALTORS

  4627 Buffer Dr, Memphis, TN 38128
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  /24

  $189,901

  • 4 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3287 Leschallas Dr, Memphis, TN 38128

  A great opportunity to make this home your own! A nice 4 bedroom layout with tons of living space downstairs. Living room and dining room give tons of options for hosting. Kitchen has good storage and a nice sitting area for a breakfast or a morning coffee. A nice side street that's quiet and has very little traffic. Separate and designated laundry area. Would make a great small cosmetic project

  3287 Leschallas Dr, Memphis, TN 38128
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  /26

  $174,900

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3923 Laura Springs Dr, Memphis, TN 38128

  Welcome to 3923 Laura Springs Dr., a charming 3-bedroom, 2.5-bathroom home in a cozy neighborhood. This inviting property features a spacious living room with plenty of natural light, a functional kitchen with ample cabinet space, and a cozy dining area. The primary bedroom includes an en-suite bathroom for added comfort. All bedrooms and laundry room upstairs. Large bedrooms! New light fixtures!

  Anamika Jasani Paradigm21 Realty

  3923 Laura Springs Dr, Memphis, TN 38128
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  /9

  $225,000

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

  3524 James Rd, Memphis, TN 38128

  Large 5 acre residential lot that can be converted to commercial use. Great investment opportunity for development.

  Michael Bryan Bryan Realty Group

  3524 James Rd, Memphis, TN 38128
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  /26

  $170,000

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

  4235 Trudy St, Memphis, TN 38128

  Welcome to this beautifully renovated 3-bedroom home! With fresh updates throughout, this charming property features a spacious living room perfect for relaxing or entertaining. Enjoy the outdoors in the lovely yard, offering plenty of space for gardening, play, or simply unwinding. This move-in-ready home is a must-see—schedule your showing today!

  Gabriell Thomas BHHS McLemore & Co., Realty

  4235 Trudy St, Memphis, TN 38128
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  /2

  $219,000

  • 3 Beds
  • 2 Baths
  • 3,463 Sq Ft

  3335 Fairbanks St, Memphis, TN 38128

  This 2 unit property is located in a great Raleigh location! There are 3 bedrooms and 2 baths within each unit. The scheduled monthly income is 2,300 per month. Drive by only. Please do not disturb residents. Must be acquired with 5 other duplexes located at: 3299, 3315, 3334, 3344 & 3363 Fairbanks St.

  Jeffrey Moore Crye-Leike Commercial

  3335 Fairbanks St, Memphis, TN 38128
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  /20

  $210,000

  • 3 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  3313 Earl Dr, Memphis, TN 38128

  Great Investment Opportunity in Raleigh! This all-brick, 3-bedroom, 1.5-bath home is a fantastic investment opportunity in a prime location! Situated near shopping centers, grocery stores, and just minutes from Nike and the newly developed Amazon Warehouse—a major addition to the area—this property offers both convenience and potential. Inside, you'll find original hardwood floors in the living

  Lesia Harris REMAX Experts

  3313 Earl Dr, Memphis, TN 38128
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  /11

  $185,000

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

  2856 Allen Rd, Memphis, TN 38128

  $3,500 TOWARDS BUYERS CLOSING COSTS PAID BY SELLER. Quiet street in Raleigh across from Scenic Hills. Home has been fully renovated to include new roof, new paint throughout, new cabinetry, new LVT flooring throughout, new bathroom, new HVAC and lighting throughout. Good sized master bedroom. Oversized laundry room. All rooms feature new ceiling fans with lights. 2 car carport. Large covered

  Terry White Advantage Property Management

  2856 Allen Rd, Memphis, TN 38128
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  /9

  $187,500

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3919 Laura Springs Dr, Memphis, TN 38128

  Freshly renovated home features ALL NEW FLOORING - fresh INTERIOR and EXTERIOR PAINT - NEW GARAGE DOOR w/OPENER - NEW Windows - NEW HVAC and more! Seller providing a $3500 Appliance package (REFRIGERATOR - STOVE - DISHWASHER - MICROWAVE - GARBAGE DISPOSAL).

  Gerald Williams KAIZEN Realty, LLC

  3919 Laura Springs Dr, Memphis, TN 38128
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  /9

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3944 Mallard Point Dr, Memphis, TN 38128

  Welcome home to this charming all-brick ranch nestled in the heart of Lakewood Hills! This inviting single-story home offers 3 bedrooms, 2 baths, and a comfortable 1,740 square feet of living space. Situated on nearly an acre, the spacious yard is perfect for outdoor enjoyment, gardening, or future expansions. The home is move-in ready, yet still offers plenty of opportunities to personalize and

  Bradyn Claunch Premier Realty Group, LLC

  3944 Mallard Point Dr, Memphis, TN 38128
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  /13

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  4632 Plato Ave, Memphis, TN 38128

  *RENOVATED and MOVE-IN READY*This beautiful home features 3 bedrooms, 2 baths, a kitchen, separate dining room, living room, and a spacious den with a cozy fireplace. Enjoy hardwood floors, freshly painted interior, and a low-maintenance brick and vinyl siding exterior. Includes a two-car carport. Too many extras to mention, must see!!!

  Jimmie Hopson Crye-Leike, Inc., REALTORS

  4632 Plato Ave, Memphis, TN 38128
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  /21

  $169,799

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  3766 Saint Elmo Ave, Memphis, TN 38128

  Back on the Market!! Don't miss out on this charming 3-bedroom, 1.5-bathroom home in 38128! This cozy property features a spacious living room, a functional kitchen with ample cabinet space, and a comfortable dining area. The primary bedroom includes a private half-bath for convenience. Enjoy the fenced backyard, perfect for outdoor gatherings or relaxation. Conveniently located near schools,

  Anamika Jasani Paradigm21 Realty

  3766 Saint Elmo Ave, Memphis, TN 38128
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  /28

  $169,000

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  3675 Naylor Dr, Memphis, TN 38128

  Cute move in ready 3 bedroom home & home qualifies for a $10,000 down payment assistance grant! You will love the new flooring, fresh paint, new kitchen cabinets, amazing tile work, and large fenced back yard! Located off of Austin Peay & Yale, this home is convenient to the new Raleigh Civic center featuring the public library, skate park, walking trail, & pond. Great quiet location. 3

  Jan Jones Groome & Co.

  3675 Naylor Dr, Memphis, TN 38128
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  /29

  $179,995

  • 3 Beds
  • 2.5 Baths
  • 1,400+ Sq Ft

  4657 Christyshire Dr, Memphis, TN 38128

  Welcome to 4657 Christyshire Drive! This home has been fully renovated from top to bottom and is very spacious with 3 bedrooms, 2 full bathrooms, and 1 half bathroom, turnkey and move in ready! New roof, fresh paint inside and out, newly remodeled bathrooms, flooring, lighting, bedrooms, landscaping, new dishwasher, and stove! Large laundry room, walk-in closets, pantry, outdoor storage room,

  DANIEL DEMERS Sell Your Home Services, LLC

  4657 Christyshire Dr, Memphis, TN 38128
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  /17

  $168,000

  • 2 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  3874 Hobson Rd, Memphis, TN 38128

  Patricia Didlake Didlake Realty Group, LLC

  3874 Hobson Rd, Memphis, TN 38128
• 

  

  /17

  $115,000

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3804 Walsingham Dr, Memphis, TN 38128

  Nice 3br 2ba in established neighborhood now available! Needs some updates, but would be an excellent investment property! Vacant, easy to show. Seller will not make repairs. Selling as-is. No blind offers. No creative financing.

  3804 Walsingham Dr, Memphis, TN 38128
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  /5

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4603 Buffer Dr, Memphis, TN 38128

  Investor Alert! Renovated 3 bed, 2 bath home in Raleigh—tenant in place paying $1,275/month (month-to-month). Updates in 2019 include roof, HVAC, bathrooms, and water heater. Great cash-flowing property. Call listing agent for details—please do not disturb tenant.

  Jeanette Lin Pinnacle Realty

  4603 Buffer Dr, Memphis, TN 38128
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  /11

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3830 Kerfield Dr, Memphis, TN 38128

  Under contract with Corporation contingency expire 5-2-2025. Bring backup. price for quick sale call your realtor for showing or give us a call if you current not under contract with any license real estate agent. We are looking forward to supporting you every step you need to owe this home. Back on the market. No wholesale and No owner financing

  David Truong eXp Realty, LLC

  3830 Kerfield Dr, Memphis, TN 38128
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  /29

  $350,000

  • 2 Beds
  • 2 Baths
  • 1,718 Sq Ft

  5653 Pleasant View Rd, Memphis, TN 38134

  Discover the perfect blend of comfort and opportunity in this inviting 2-bedroom, 2-bath home situated on a spacious 1.38-acre corner lot. This property features a fully fenced backyard, offering privacy and security. The vast road frontage on 2 sides provides the potential for commercial possibilities depending on the type of business. Home offers over 1700 sq ft of space including

  Jennifer Harris RE/MAX Unlimited

  5653 Pleasant View Rd, Memphis, TN 38134
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  /8

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3750 Ridgemont Ave, Memphis, TN 38128

  Easy to show home. Would make a great investment property! Home needs renovation work. Anticipated monthly rent if home is fixed up could be $1000-$1150 per month ( estimated). Condenser was professionally pulled and being held at office. Will transfer once sold to end buyer. Great cash flow to an investor. Call for a showing today!

  Terry White Advantage Property Management

  3750 Ridgemont Ave, Memphis, TN 38128
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  /14

  $108,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3730 Teresa Cove, Memphis, TN 38128

  Charming single-level brick home in a quiet cove just minutes from Amazon and Nike facilities! This move-in-ready gem features an open floor plan, laundry closet, and durable hard-surface flooring throughout. Updates include: new paint, newer HVAC and electrical panel.

  John Moore Keller Williams

  3730 Teresa Cove, Memphis, TN 38128
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  /18

  $104,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3778 Windermere Rd, Memphis, TN 38128

  3 bedroom 2 bath Raleigh Home nestled just off Raleigh Frayser (Yale) with easy access to interstate , Nike and Amazon. This home will not qualify for FHA financing and owner is selling in current as is condition with no repairs being completed for financing. Nice open floor plan with great room and eat in kitchen, newer paint, LVP and ceramic tile flooring.

  Ben Strauch Skyline Realty

  3778 Windermere Rd, Memphis, TN 38128
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3837 Tessland Rd, Memphis, TN 38128

  Charming 3-Bedroom, 1-Bathroom Newly Renovated Brick Home. This beautifully updated home features 3 spacious bedrooms and 1 modern bathroom. Enjoy the fresh, contemporary feel with new light fixtures throughout, as well as updated vanities in the bathroom. The kitchen has been thoughtfully renovated with stylish finishes and plenty of storage space. Perfect for those looking for a move-in

  Crystell Harris Harris & Harris Realty Group

  3837 Tessland Rd, Memphis, TN 38128
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  /2

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,695 Sq Ft

  4029 Saint Elmo Ave, Memphis, TN 38128

  Home selling as-is. Large home in super location priced to sell now. Must have commitment letter with all offers for a loan or proof of funds for cash offers.

  Malcolm Settles BEST Real Estate Company

  4029 Saint Elmo Ave, Memphis, TN 38128
• 

  

  /23

  $295,000

  • 4 Beds
  • 4 Baths
  • 2,600+ Sq Ft

  4667 Suesand Cove, Memphis, TN 38128

  This unique split-level home features 4+ Bedrooms, 4 Bathrooms, Office/sun room, basement and much more! Primary bedroom and laundry rooms on each level. Cove lot. Main level features 3 bedrooms, 2 baths. Basement features primary bedroom, 2 bathrooms (1 wheelchair accessible), garage, 19x22 living room and 2 rooms (9x9 each). Generator.

  Heath West Crye-Leike, Inc., REALTORS

  4667 Suesand Cove, Memphis, TN 38128
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  /19

  $233,900

  • 4 Beds
  • 3 Baths
  • 2,200+ Sq Ft

  2880 Cavern Dr, Memphis, TN 38128

  This beautifully renovated single-story home offers the perfect blend of charm, comfort, and modern upgrades. Nestled in a peaceful subdivision just five minutes from the historic Raleigh-Bartlett area's restaurants and amenities, this home is a true gem! Spanning approximately 2,300 sq. ft., this 4-bedroom, 3-bathroom property underwent a stunning renovation in 2022, including updates to the

  James Clothier Premier Realty Group, LLC

  2880 Cavern Dr, Memphis, TN 38128
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  /7

  $209,900

  • 5 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  4709 Old Raleigh Millington Rd, Memphis, TN 38128

  RARE 5 BR property in Raleigh - Don't Miss It! Freshly renovated home features ALL NEW FLOORING - fresh INTERIOR and EXTERIOR PAINT - NEW HVAC System - NEW Windows and more! Seller providing a $2500 Appliance package (STOVE - DISHWASHER - MICROWAVE - GARBAGE DISPOSAL).

  Gerald Williams KAIZEN Realty, LLC

  4709 Old Raleigh Millington Rd, Memphis, TN 38128
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  /5

  $158,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4788 Bent Ct, Memphis, TN 38128

  Investors only! Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $925 & located in Raleigh! Do not disturb or approach tenants. No sign in yard. Seller selling multiple properties (can buy individually or in bulk). Most properties are in Raleigh, Berclair, Nutbush, & Midtown! Addresses are 4788 Bent Ct, 1008 McEevers, 4393 Aloha, 1304 Tutwiler,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4788 Bent Ct, Memphis, TN 38128
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  /17

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3690 Kerwin Dr, Memphis, TN 38128

  Welcome to 3690 Kerwin Dr., a delightful 3-bedroom, 2-bathroom home in Memphis, TN 38128. This renovated property features an airy living room, a functional kitchen with ample storage, and a cozy dining area. The primary bedroom includes an en-suite bathroom for added convenience. Enjoy the large fenced backyard, perfect for outdoor gatherings and relaxation. Conveniently located near schools,

  Anamika Jasani Paradigm21 Realty

  3690 Kerwin Dr, Memphis, TN 38128

Showing Results 1 - 40, Page 1 of 2

About Raleigh

Raleigh, a growing suburb in northeast Memphis, is experiencing revitalization with major employers like Amazon and Nike strengthening the community. The neighborhood features a mix of ranch-style, split-level, and colonial revival homes, many 40 to 50 years old with fenced-in backyards and carports. Newer traditional homes with open floorplans are also available. Raleigh's residential streets are shaded by oak trees, and the area includes small lakes such as Otter and Beaver Lake, offering waterfront views. Located about 13 miles from Downtown Memphis, Raleigh is near Interstate 40, providing access to Memphis, Nashville, and Knoxville. Public transportation is available via Route 11 of the Memphis Area Transit Authority Bus, and Memphis International Airport is about 20 miles away. The commercial hub along Austin Peay Highway includes regional fast-food chains, local favorites like Donut Man and Southern Hands, and big-box stores such as Aldi. Green spaces are plentiful, with Harry C Pierotti Park offering tennis and basketball courts, a playground, and the Raleigh Community Center, which features an outdoor pool and various programs. The Raleigh Springs Civic Center includes a pond, a skate park, and the Raleigh Library. Outdoor activities extend to the Wolf River Greenway and Epping Lake, popular for biking and fishing. Raleigh is served by the Shelby County School District, with several public and charter school options available. The neighborhood also hosts annual events like the Block Party for Peace, fostering a strong sense of community.

Learn more about living in Raleigh

Home Trends in Raleigh, TN

On average, homes in Raleigh, Memphis sell after 45 days on the market compared to the national average of 47 days. The average sale price for homes in Raleigh, Memphis over the last 12 months is $159,031, up 2% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$156,250

Median Single Family Price

$162,000

Median Townhouse Price

$196,200

Median 2 Bedroom Price

$95,000

Average Price Per Sq Ft

$105

Number of Homes for Sale

61

Last 12 months Home Sales

234

Months of Supply

3.10

Median List Price

$169,300

Median Discount From 1st List Price

4%

Median Home Sale Price YoY Change

4%