2954 Cherry Rd, Memphis, TN 38118
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Property image
OFF MARKET

2954 Cherry Rd
Memphis, TN 38118

Parkway Village-Oakhaven
  • 3 Beds
  • 1 Bath
  • 1,301 sqft

$108,900

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $718/mo*

$108,900

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $718/mo*
3 Beds
1 Bath
1,301 sqft

Local Information

  • Map ViewExplore the area around 2954 Cherry Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,301 sqft
Price/Sqft
$84
Parking
Carport

Description

Currently accepting applications!

Your estimated total monthly payment is $977.94
The total estimated monthly payment is comprised of the following:

Mandatory Fees:
Base Rent - $945.00
Smart Home Fee - $22.95 (smart front door lock and smart thermostat)
Utility Management - $9.99 (services for managing utility accounts)
- Additionally, a one-time set-up fee of $30.00 is charged on your first month's bill.

Optional Fees:
Animal Fees - Approved animals incur a non-refundable pet fee of $250 - $350 per animal and a monthly pet rent of $30 - $35 per animal (subject to applicable law). Pet fees and pet rent do not apply to service or support animals. Please note that we have breed restrictions, including but not limited to Pit Bull Terriers, Doberman Pinschers, Rottweilers, Staffordshire Terriers, German Shepherds, Chows, Bull Mastiffs, Huskies, Alaskan Malamutes, Wolf Dog Hybrids, Great Danes, St. Bernards, Akitas, and Rhodesian Ridgebacks, as well as any mixed breeds containing these types.

Other Fees:
In addition to the total monthly payment, Tenant(s) are also responsible for additional costs including, but not limited to, utilities, optional services, conditional and other applicable charges. All fees are subject to change and will be outlined in the lease agreement.

Tours:
To ensure a secure process, please schedule tours and apply for our properties exclusively through the official Evergreen Live website

Property Description:
Welcome to this beautiful one-story home! This 3-bedroom, 1-bathroom gem is ready for you to move in. The house offers the elegance of wood flooring, providing both style and durability. Prepare culinary delights in this beautiful kitchen, featuring black appliances that elevate your cooking experience to new heights. With ample counter space and cabinets, organizing your kitchen essentials becomes a breeze, ensuring both functionality and style. This home is equipped with modern conveniences to enhance your lifestyle. A smart home lock and thermostat add a layer of sophistication and efficiency.

Listing Disclosures:
All leasing information is believed to be accurate; however, photos are representative only and may not reflect current appliances and/or features of the home. Square footage is estimated, and prices, specials and dates may change without notice and are not guaranteed until a lease agreement is executed.

Application:
An application fee of $50 per applicant for 18 and over is required, and the minimum lease term is one year (12 months). Completed applications are reviewed on a first-come, first-served basis, and the security deposit varies based upon TransUnion Resident Score credit criteria. You must have a verifiable source of income that is at least three times the monthly rent. All applicants must complete the process within 48 hours of receiving an invite or your application may be delayed or not approved.

Security Deposit:
A cash security deposit range from one to one and a half months' rent is due prior to moving-in. Cash security deposits are eligible for refund upon vacating the home, less deductions for damages, unpaid rent or other charges, in each case subject to applicable law.

This home accepts Housing Choice Vouchers! Please ensure your Housing Voucher, RTA Packet, and Affordability Sheet (if applicable) is attached to your application as proof of income.

Please be aware that rental fraud and rental scams are on the rise. Evergreen Live will never ask you to pay any amounts in cash, transfer money via wire, prepaid or digital gift cards, send MoneyGram, or request funds through Zelle or any non-Evergreen Live payment app, such as Venmo, PayPal, Apple Pay, or others.
2954 Cherry Rd, Memphis, TN 38118 is a 3 bedroom, 1 bathroom, 1,301 sqft single-family home in Parkway Village-Oakhaven. It last sold for $23,001 on Jan 11, 2013 (2,334% above the $945 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $1,195 per month. That rental listing was removed on July 22, 2026. It is currently off market. The Trulia Estimate is $108,900, with a rent estimate of $1,127/month.

Home Details for 2954 Cherry Rd

Interior Features

Heating & Cooling
Heating: Central, Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Exterior Features

Parking & Garage
Parking: Carport, On Site

Price History for 2954 Cherry Rd

DatePriceEventSource
07/22/2026$945ListingRemovedZillow Rentals
07/02/2026$945PriceChange
Zillow Rentals
06/04/2026$1,045PriceChange
Zillow Rentals
05/28/2026$1,095PriceChange
Zillow Rentals
05/21/2026$1,145PriceChange
Zillow Rentals
04/23/2026$1,195Listed For RentZillow Rentals
03/26/2025$1,175ListingRemovedZillow Rentals
03/05/2025$1,175Listed For RentZillow Rentals
11/20/2022ListingRemovedZillow Rental Manager
11/10/2022$940PriceChange
Zillow Rental Manager
09/28/2022$1,125Listed For RentZillow Rental Manager
07/29/2017$910ListingRemovedAgent Provided
06/25/2017$910Listed For RentAgent Provided
07/16/2015$850ListingRemovedAgent Provided
05/06/2015$850Listed For RentAgent Provided
04/08/2014$850ListingRemovedAgent Provided
02/22/2014$850Listed For RentAgent Provided
01/15/2014$850ListingRemovedAgent Provided
01/05/2014$850Listed For RentAgent Provided
01/11/2013$23,001Sold
N/A
05/01/1997$51,800Sold
N/A
01/14/1997$42,735Sold
N/A
08/16/1994$47,700Sold
N/A

Market trends in Memphis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$158K
$8.33K
MoM
Sale-to-List Price
97.9%
0.5%
MoM
Price per sq ft
$111
$5
MoM
Available listings
3193
35
MoM
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Property Tax and Assessment

Year2025
Tax$1,326
Assessment$100,600
Home facts updated by county records

Comparable Sales for 2954 Cherry Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$25,000
11/17/25
3
1
1,200
0.16
Single-Family Home
$60,000
03/10/26
3
1
1,342
0.25
Single-Family Home
$42,916
06/18/26
3
1
1,224
0.08
Single-Family Home
$77,000
08/18/25
3
1
1,133
0.09
Single-Family Home
$97,500
03/06/26
3
1
1,157
0.27
Single-Family Home
$57,051
02/13/26
3
1
1,136
0.10
Single-Family Home
$157,500
05/08/26
3
1
1,206
0.08
Single-Family Home
$163,000
02/05/26
3
1
1,077
0.22
Single-Family Home
$93,000
01/20/26
3
1
1,429
0.25
Single-Family Home
$85,500
12/08/25
3
1
995

Nearby homes

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Assigned Schools

These are the assigned schools for 2954 Cherry Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Parkway Village-Oakhaven

At least 205 Trulia users voted on each feature.
  • 86 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say there are sidewalks

  • 72 % Say parking is easy

  • 68 % Say kids play outside

  • 60 % Say streets are well-lit

  • 59 % Say there's holiday spirit

  • 49 % Say it's dog friendly

  • 47 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 40 % Say neighbors are friendly

  • 36 % Say there's wildlife

  • 34 % Say it's walkable to restaurants

  • 26 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Mcneal
    "We are family-oriented and it is a pleasant area to raise a family and up keep is pretty good as well"
  • Doridan325
    "I believe they wouldn’t like other dog owners not be able to handle or train their dog properly. I also believe they will like friendly dog owners."
  • Trulia User
    "there aren't many great or awesome things about this area, not much uniquenessbut if you reference the gun shooting and fast cars on my street, it's still not unique. I don't like it here. I grew up in this city."
  • Trulia User
    "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
  • Chalese M.
    "I completed my teenage years in this neighborhood, the school was good and the neighborhood is really quiet."
  • Chrisndbritt
    "The neighbors and the up keep of our community,safety and always neatness and everyone wants to keep up there neighborhood."
  • Verlencia M.
    "Use to be a nice neighborhood. Lot’s of crime. Lot’s car break in and home break in’s. School’s are ok. "
  • Someone
    "No events happen around here. People pretty much keep to themselves. I barely even know my neighbors on my street and I’ve lived here for almost my whole life. "
  • Robert D.
    "The people make a community what it is. These people need to realize the value of what is and could be here. This neighborhood can be what it was before they got here."
  • Kimberly D.
    "I love parkway villiage best place to move ever. I been staying out here for years nice area to raise you children(s)"
  • By.grace.mwm
    "Parkway village is not a good place to live. There are gunshots daily. I was robbed by two guys at gun point working on my car in my own driveway!"
  • Garry W.
    "Violence and other issues with people police and unemployed people who have nothing to lose and uneducated people "
  • NB
    "The area that it’s in, It is by great schools, high school, middle schools and elementary schools which is ok"
  • Preciouspre1
    "People dogs get stolen over here so u have to keep an eye on your dog if u let it out in the front yard..................."
  • Demetriusdunlap1011
    "Mellow very laid back and peaceful really good reassurance that it’s a good area . Even the schools in the community is great "
  • Delandersr17
    "Nothing I've noticed in years, beside the Oakhaven High football home coming. A beauty shop named Divine Look use to have many events but it's moved, and the area has been pretty dull after that."
  • Regina Chalmers
    "This neighborhood is very quiet we have lived here for 3 yrs now and really love living in this area. Friendly neighborhood."
  • Delandersr17
    "Dogs are welcomed, and not many vicious type dogs from what I've observed in the area. Not many dog friendly accessible park nor pet stores nearby I don't really see much that a dog owner would like about the area."
  • T H.
    "This neighborhood is horrible, shootouts, everyday, drug dealers, lack of police presence, not a safe place for children. I would not recommend this area."
  • Antonio
    "it's not it's a lot of crime around here and violence and burglary and drug dealers around the childrens.They have shoot outs everyday and nights until you can't sleep. "
  • Richard P.
    "beware of gun fire. there are weapons discharged nightly, a drive-by happened 4 doors away. this is not a good area for families or children. "
  • Sheri W.
    "Greatest neighborhood ever in the 20 Years l lived here.Nice and peaceful place is important and size of the home is priceless, affordable and l know trulia will help me with finding the right home for me and my family "

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Homes for sale near 2954 Cherry Rd

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Off Market Homes Near 2954 Cherry Rd

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