2995 Walnut Rd #1, Memphis, TN 38128
OFF MARKET

$86,600

Trulia Estimate
  • 2 Beds
  • 1 Bath

2995 Walnut Rd #1, Memphis, TN 38128

Raleigh
Est. Refi. Payment $605/mo*
Refinance Your Home

Home Value

Trulia Estimate
$86.6K
Since last month
Increased$4K (+5.4%)
Since last year
Decreased$3K (-3.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +6% in the last 10 years
MonthEstimated value
2026
August 2026$87K
July 2026$82K
June 2026$84K
May 2026$81K
April 2026$85K
March 2026$81K
February 2026$80K
January 2026$86K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3090 Taransay Rd #20, Memphis, TN
0.76
Townhouse
$107,000
01/16/26
3
2.5
1,723
2795 E Hickory Blf, Memphis, TN
0.74
Townhouse
$115,575
02/23/26
3
2.5
1,575
3656 Haughton Ln #2, Memphis, TN
0.54
Townhouse
$70,000
07/17/26
3
2
1,909
3716 Dorado Ave, Memphis, TN
1.43
Townhouse
$138,250
06/02/26
4
2
1,559
2499 Heard Ave, Memphis, TN
2.29
Townhouse
$23,500
05/07/26
2
2
1,000
3076 Saint Croix Pl #92, Memphis, TN
2.99
Townhouse
$11,000
04/29/26
3
1.5
1,074
5101 Wyndance Dr, Memphis, TN
3.45
Townhouse
$102,000
12/19/25
3
2
1,152
1740 Brown Ave, Memphis, TN
3.96
Townhouse
$110,000
05/14/26
2
1
1,872
1960 North Pkwy, Memphis, TN
4.51
Townhouse
$140,000
05/20/26
2
2
1,170
3356 Coachouse Cv #3356, Memphis, TN
3.92
Townhouse
$123,000
01/06/26
3
2.5
1,573

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3416 Scenic Ter, Memphis, TN 38128
0.09
$174,100
4
1.5
2,107
Off Market
3346 Scenic Ter, Memphis, TN 38128
0.15
$84,200
3
1
1,364
Off Market
3357 Scenic Ter, Memphis, TN 38128
0.16
$94,900
3
1
1,107
For Sale
3475 E Rolling Woods Dr, Memphis, TN 38128
0.11
$206,200
4
2
1,944
Off Market
3393 Felton Rd #7, Memphis, TN 38128
0.13
-
-
-
-
Off Market
3336 Scenic Hwy, Memphis, TN 38128
0.23
$119,700
3
1
1,169
Off Market
3282 Rickey St, Memphis, TN 38128
0.25
$140,300
3
2
1,533
Off Market
3485 Felton Rd, Memphis, TN 38128
0.19
$75,000
3
2
1,900
For Sale
2961 N Rolling Woods Dr, Memphis, TN 38128
0.20
$249,500
5
3
-
Off Market
3323 Scenic Hwy, Memphis, TN 38128
0.28
$95,000
5
3
2,754
Recently Sold
Felton Rd #61, Memphis, TN 38128
0.22
-
-
-
-
Off Market
3010 Falkirk Rd, Memphis, TN 38128
0.28
$200,899
3
2
1,650
For Sale

Local Information

  • Map ViewExplore the area around 2995 Walnut Rd #1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1956
2.76 acre lot

About this House

This townhouse is located at 2995 Walnut Rd #1, Memphis, TN. 2995 Walnut Rd #1 is in the Raleigh neighborhood in Memphis, TN and in ZIP code 38128. This property has 2 bedrooms and 1 bathroom. This property has a lot size of 2.76 acres and was built in 1956.
2995 Walnut Rd #1, Memphis, TN 38128 is a 2 bedroom, 1 bathroom townhouse in Raleigh, built in 1956. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $86,600, with a rent estimate of $930/month.

Home Details for 2995 Walnut Rd #1

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Types of Rooms: Dining RoomCeiling Fan

Exterior Features

Exterior Home Features
Roof: CompositionExterior: WoodPatioPorch

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Townhouse

Lot Information

Lot Area: 2.76 acres

Market trends in Raleigh

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$135K
$7.23KMoM
Sale-to-List Price
98.1%
0.6%MoM
Price per sq ft
$88
$4MoM
Available listings
221
2MoM

Around this home

Neighborhood Overview

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

What Locals Say about Raleigh

At least 301 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

  • 65 % 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

Frequently asked questions about 2995 Walnut Rd #1

  • What is 2995 Walnut Rd #1 estimated to be worth?
    Trulia's estimated value for 2995 Walnut Rd #1 in Memphis, TN is $86,600.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $135K. That is down $7.23K from the prior month.
  • What do residents say about the Raleigh neighborhood?
    Residents describe the Raleigh neighborhood in Memphis, TN as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Raleigh, Memphis.
  • Does 2995 Walnut Rd #1 have air conditioning?
    Yes, 2995 Walnut Rd #1 in Memphis, TN has air conditioning.

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