2765 Walnut Rd, Memphis, TN 38128
FOR SALE
0.95 ACRES

2765 Walnut Rd
Memphis, TN 38128

Raleigh
  • 3 Beds
  • 1 Bath
  • 1,192 sqft (on 0.95 acres)

$99,900

Original price: $104,900
Est. Mortgage $654/mo*
Get Pre-Qualified

$99,900

Original price: $104,900
Est. Mortgage $654/mo*
Get Pre-Qualified
3 Beds
1 Bath
1,192 sqft
(on 0.95 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $895/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$84
Listed
122 days ago

Home Details for 2765 Walnut Rd

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Dining Room, Living Room, Den
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1192 Square Feet
Heating & Cooling
Heating: Other (See REMARKS)Has CoolingAir Conditioning: Other (See REMARKS)Has HeatingHeating Fuel: Other See REMARKS
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Exterior: Other (See REMARKS)No Private Pool
Parking & Garage
Number of Covered Spaces: 2No GarageParking Spaces: 2Parking: Other (See REMARKS)
Pool
Pool: None

Days on Market

Cumulative Days on Market: 26Days on Market: 122

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Other (See Remarks)
Building
Not a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 083019 00018

Price & Status

Price
List Price: $99,900Price Per Sqft: $84

Active Status

MLS Status: Active

Location

Direction & Address
City: MemphisCommunity: James Blk 8

Agent Information

Listing Agent
Listing ID: 10214048

Lot Information

Lot Area: 0.95 acres

Miscellaneous

Mls Number: 10214048Living Area Range Units: Square Feet
Last check for updates: about 9 hours ago
Listing courtesy of Dean Harris
CrestCore Realty MphsBrokerage, (901) 385-3119
Source: MAAR, MLS#10214048
Also Listed on MAAR.

Market trends in Raleigh

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$136K
$11.8KMoM
Sale-to-List Price
98.5%
0.7%MoM
Price per sq ft
$93
$5MoM
Available listings
206
14MoM

Price History for 2765 Walnut Rd

DatePriceEventSource
06/05/2026$895ListingRemovedZillow Rentals
05/12/2026$895Listed For RentZillow Rentals
03/03/2026$99,900PriceChange
MAAR #10214048
02/05/2026$104,900Listed For SaleMAAR #10214048
01/23/2025$895ListingRemovedZillow Rentals
01/13/2025$895PriceChange
Zillow Rentals
11/15/2024$995PriceChange
Zillow Rentals
09/28/2024$1,025PriceChange
Zillow Rentals
09/20/2024$1,045PriceChange
Zillow Rentals
08/03/2024$1,095PriceChange
Zillow Rentals
07/31/2024$1,195PriceChange
Zillow Rentals
07/27/2024$11,950PriceChange
Zillow Rentals
07/16/2024$1,145Listed For RentZillow Rentals
07/09/2024ListingRemovedZillow Rentals
07/06/2024$995Listed For RentZillow Rentals
06/07/2019$775ListingRemovedAgent Provided
04/22/2019$775PriceChange
Agent Provided
12/18/2018$795Listed For RentAgent Provided
12/12/2018$17,000Sold
N/A
07/31/2015$55,000Sold
MAAR #9940349
04/09/2015$57,000ListingRemovedAgent Provided
11/20/2014$57,000Listed For SaleAgent Provided
02/26/1997$48,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,485
Assessment$112,700
Home facts updated by county records

Comparable Sales for 2765 Walnut Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2647 New Raleigh Rd, Memphis, TN
0.27
Single-Family Home
$50,000
07/29/25
2
1
785
2856 Allen Rd, Memphis, TN
0.40
Single-Family Home
$144,000
07/10/25
3
1
1,196
3191 Scenic Hwy, Memphis, TN
0.48
Single-Family Home
$210,000
09/05/25
4
1
1,394
3323 Scenic Hwy, Memphis, TN
0.30
Single-Family Home
$95,000
05/15/26
5
3
2,754
3416 Scenic Ter, Memphis, TN
0.35
Single-Family Home
$175,000
07/07/25
4
1.5
2,107

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 2765 Walnut Rd.

Neighborhood Overview

Raleigh
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Raleigh

At least 300 Trulia users voted on each feature.

  • 86 % Say car is needed

  • 83 % Say yards are well-kept

  • 74 % Say parking is easy

  • 66 % Say there are sidewalks

  • 64 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 57 % Say streets are well-lit

  • 52 % Say it's dog friendly

  • 48 % Say it's quiet

  • 44 % Say there's wildlife

  • 43 % Say neighbors are friendly

  • 36 % Say they plan to stay for at least 5 years

  • 26 % Say it's walkable to restaurants

  • 23 % Say it's walkable to grocery stores

  • 20 % Say people would walk alone at night

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Celita Allen
    "Theres a lot of stray dogs in the area that likes to run around and chase the kids, but it is a quiet peaceful area which why i love living here "
    3
    Flag
  • Trulia User
    "neighborhood has nice older homes that are on a larger scale. however the school district. is not the best at all. but for the most part the community is friendly in this area "
    7
    Flag
  • Trulia User
    "People watch out for each other here and mostly everyone is friendly in public. Lots of families live here and if you’re worried about crime, that’s everywhere it’s Memphis. "
    3
    Flag
  • Trulia User
    "Raleigh is a step above Frayser when it comes to crime. it has a bad reputation but in all honesty it's not that bad. the schools are not great. my biggest complaint about Raleigh is that there is trash all over the place. I don't know if residents of Raleigh are just more prone to litter, or if they just don't have the city cleaning up as much as they do other areas. either way the trash is really appalling. if you turn down Coleman Road coming off of Egypt Central, that road is a prime example of how junky it really is. and that area could be really beautiful."
    31
    Flag
  • Nicole N
    "Lots of potholes and bad drivers. The roads are so bad beds they Are almost as dangerous as the dumb butte riding around with guns shooting at signs and other cars. "
    5
    Flag
  • Trulia User
    "It has a beautiful skate park with a water fountain. The neighborhood is friendly. There’s lots of attractions, stores and different things to do."
    4
    Flag
  • Trulia User
    "yup. it's nice and quiet and peaceful community. neighbors are Respectful of space and crime activity is not common "
    6
    Flag
  • Toriell.finch
    "There are pockets ... various neighborhoods on the area that are lovely and a few that are not. In neighborhoods like ours kids play and families know one another and look out for each other. It’s truly a great family neighborhood. "
    15
    Flag
  • Toriell.finch
    "Side walks and the new lake offer nice places to walk dogs but I’ve yet to see a dog park. The biggest problem may be that there is a large poppy of stray cats in the area and that could prove troublesome for dog owners "
    4
    Flag
  • Dimitriusjames
    "You don't have to drive far to a store to get groceries or household items. The schools are nearby as well. It's decent."
    5
    Flag
  • Price.stacy
    "Nice neighborhood for dogs owners. Dogs are great for security here. Dogs greatly reduce home invasion, I know from experience."
    2
    Flag
  • Rochelle F.
    "It’s ok I wish it was cleaner people throw they trash every. Wish the neighbors would do a little better with the trash"
    3
    Flag
  • Jonah.bragg
    "Good neighborhood I feel completely safe . My kids and family have a wonderful time in this neighborhood "
    1
    Flag
  • Corwenharper
    "Raleigh-Millington area is not bad but not good! It’s good enough for people who are just starting up a family without kids. People do not drive safely and it’s just not the “best area”! Crime is not to bad just too many reckless and careless people!"
    34
    Flag
  • Stevo B.
    "Just normal Memphis neighborhood not best, but not the worst either has good and bad like every where else we use to have Raleigh springs mall but no longer here so it's just a cheap place to live if u don't mind hearing gun shots hear n there as well as idiot drivers who can't seem to stop and stop signs and run right through there are lots of good people here though "
    12
    Flag
  • Rljacksonbanker
    "I’ve lived in the neighborhood all my life and watched it change for the worse over time. It’s still some good neighborly people left but just a few "
    16
    Flag
  • Gina G.
    "I take my dog on walks along sidewalks with streetlights. Other neighbors walk their dogs and most pick up after their dogs. People are nice and friendly."
    2
    Flag
  • AnjelB
    "Downtown commute is 15 minutes and I love it. There are now major restaurants in our area which is sad. "
    0
    Flag
  • Kenneshia D. B.
    "this neighborhood has good schools. It has a lot of traffic doing the 5-Hour. it has a selection of grocery stores in a selection of shopping stores"
    0
    Flag
  • Lindalizbeth05
    "Someone probably gone steal yo dog .. this area is bad .. not safe .. people break into your house .. "
    3
    Flag
  • Tramayne1110
    "It’s ok. I’ve been in Raleigh for about 9 years now. Very convenient far as driving. I feel at home in Raleigh to be honest. "
    18
    Flag
  • Thompson
    "We have neighborhood watch meets, meet and greet potlucks, most neighbors watch each other’s property when needed. "
    6
    Flag
  • Shnika S.
    "Everybody stand's up for each other if need be nice neighborhood . The kids school bus comes in the front of the house.But to many dog get out"
    8
    Flag
  • Daisywilson22
    "My neighborhood is decent and safe enough to live or raise a family. You can’t be scared to live or you never will... "
    6
    Flag
  • Perezj057
    "No very unsafe at night and at the day time. People let there dogs go any time of day. Have not seen a dog bite anyone in the neighborhood."
    2
    Flag
  • Jeannine O.
    "there's too much killings and violence. neighbors don't speak just look at uyou crazy. very very few children come out to play. it's changed tremendously."
    0
    Flag
  • Price.stacy
    "Need better trash clean up on streets. People passing through Raleigh throw there trash out their car window. You never find police when you need them. Commercial businesses are allowed to blast loud music Thursday to Sunday night and the police and there superiors don’t care. First home investment worst home investment living in Raleigh."
    26
    Flag
  • Derek B.
    "well this July 4th there will be lots of smoke in the air. from grills to fireworks, gun barrels, and marijuana. I might rent a hotel that night. On new year's Eve, we had all of those activities along with a dead body shot in our neighbors yard right across the street. stay away from this place. go to school or a trade school and get a good job and stay out of the hood. "
    1
    Flag
  • Ty S.
    "There isn't a real dog park out here, so the closest would be Overton or Shelby farms. There are often strays in the area, so always be aware of your own pets. "
    0
    Flag
  • Derek B.
    "dogs and people would not enjoy the gunshots, murder, many drug dealers, crime, foul mouthed children, children getting high, children walking the streets instead of being in school. dog owners might like there's many loose dogs in the neighborhood that maybe they can pet. but usually they are starving so you have to call animal control to pick them up. do not move here. stay in school, get a good job, and stay away from the hood. there's trash everywhere! pot hole city. dogs and humans stay away!"
    1
    Flag
  • Vampires.muse
    "Nothing really easily accessible without a vehicle or plenty of time to walk. There are bus lines that are relatively close, but like most of Memphis public transportation is not a strong point "
    0
    Flag
  • Paulette B. .
    "It's busy around Austin Peay HWY and when school gets out around 3-4p. But my area is close to the freeway off I-240 East and West. "
    0
    Flag
  • Harleighbell
    "no community events. nothing special. there is a lot of it unnecessary trash everywhere. not an ideal place to live"
    1
    Flag
  • Paulette B. .
    "Raleigh community meetings every Thursday at 7pm. Annual carnivals. Library reading and crafts events. Shops everywhere. "
    2
    Flag
  • Trulia User
    "within two weeks of living here there were notices posted about a shooting, a robbery, & a guy got all four of his tires jacked. "
    0
    Flag
  • Tonya S.
    "Too congested most days...area is rather busy a lot of the time. Would definitely reconsider before choosing. I hear gunshots on a regular."
    0
    Flag

LGBTQ Local Legal Protections

Dean Harris, CrestCore Realty MphsBrokerage, (901) 385-3119
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
2765 Walnut Rd, Memphis, TN 38128 is a 3 bedroom, 1 bathroom, 1,192 sqft single-family home built in 1951. 2765 Walnut Rd is located in Raleigh, Memphis. This property is currently available for sale and was listed by MAAR on Feb 5, 2026. The MLS # for this home is MLS# 10214048.