Home Highlights
Single-Family Home
Built in 1971
1,400 sqft
$137/sqft
Local Information
-- mins to
About this House
3 Bedroom Pet-Friendly Home in Memphis, TN with Main Street Renewal
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 + $35/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply. We do not advertise on Craigslist or ask for payments via check, cash, wire transfer, or cash apps.
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 + $35/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply. We do not advertise on Craigslist or ask for payments via check, cash, wire transfer, or cash apps.
5159 Downs Dr, Memphis, TN 38135 is a 3 bedroom, 2 bathroom, 1,400 sqft single-family home in Raleigh, built in 1971. It last sold for $235,000 on May 27, 2022 (14,588% above the $1,600 asking price). More recently, it was listed as a rental in February 2026 with an asking price of $1,600 per month. That rental listing was removed on March 5, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $192,300, with a rent estimate of $1,490/month.
Contact this Building
Home Details for 5159 Downs Dr
|
|---|
Year Built Year Built: 1971 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lease Term: 1 YearAvailable: now |
|
|---|
Appliances & Utilities Refrigerator |
|
|---|
Lot Area: 0.00 Acres |
Comparable Sales for 5159 Downs Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $188,000 | 09/03/26 | 3 | 2 | 1,437 sqft | |
0.28 | Single-Family Home | $242,500 | 09/10/26 | 3 | 2 | 1,485 sqft | |
0.28 | Single-Family Home | $205,000 | 04/08/26 | 3 | 2 | 1,500 sqft | |
0.39 | Single-Family Home | $212,000 | 04/20/26 | 3 | 2 | 1,184 sqft | |
0.35 | Single-Family Home | $205,000 | 05/26/26 | 3 | 2 | 1,533 sqft | |
0.14 | Single-Family Home | $157,000 | 06/23/26 | 4 | 2 | 2,126 sqft | |
0.43 | Single-Family Home | $205,000 | 11/12/25 | 3 | 2 | 1,543 sqft | |
0.41 | Single-Family Home | $180,000 | 07/20/26 | 3 | 2 | 1,370 sqft | |
0.23 | Single-Family Home | $225,000 | 10/27/25 | 4 | 2.5 | 1,800 sqft | |
0.46 | Single-Family Home | $200,000 | 04/24/26 | 3 | 2 | 1,415 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Raleigh
Last updated Sep 2026
Trulia Rent Estimate$1,490/mo
Average rent
$1.31K
$12MoM
Available listings
222
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 5, 2026 Source: Zillow Rentals | ListingRemoved | $1,600 |
Feb 23, 2026 Source: Zillow Rentals | Listed For Rent | $1,600 |
Mar 15, 2023 Source: Zillow Rentals | ListingRemoved | |
Mar 9, 2023 Source: Zillow Rentals | PriceChange | $1,470 Price decreased by 1% |
Feb 22, 2023 Source: Zillow Rentals | Listed For Rent | $1,485 |
Feb 1, 2023 Source: MAAR | ListingRemoved | |
Jan 19, 2023 Source: MAAR | Listed For Rent | $1,485 |
Jan 18, 2023 Source: Zillow Rentals | ListingRemoved | |
Jan 6, 2023 Source: Zillow Rentals | PriceChange | $1,485 Price decreased by 3% |
Dec 30, 2022 Source: Zillow Rentals | PriceChange | $1,530 Price decreased by 3% |
Dec 22, 2022 Source: Zillow Rentals | PriceChange | $1,575 Price decreased by 3% |
Dec 17, 2022 Source: Zillow Rentals | Listed For Rent | $1,625 |
Dec 17, 2022 Source: Zillow Rentals | ListingRemoved | |
Dec 16, 2022 Source: Zillow Rentals | PriceChange | $1,640 Price decreased by 2% |
Dec 9, 2022 Source: Zillow Rentals | PriceChange | $1,675 Price decreased by 2% |
Nov 30, 2022 Source: Zillow Rental Network Premium | PriceChange | $1,710 Price decreased by 2% |
Nov 23, 2022 Source: Zillow Rental Network Premium | PriceChange | $1,745 Price decreased by 3% |
Sep 22, 2022 Source: Zillow Rental Network Premium | PriceChange | $1,795 Price decreased by 3% |
Aug 31, 2022 Source: Zillow Rental Network Premium | Listed For Rent | $1,845 |
Jul 6, 2022 Source: MAAR #10127245 | Pending | $220,000 |
Jun 24, 2022 Source: MAAR #10127245 | Listed For Sale | $220,000 |
May 27, 2022 Source: MAAR #10122114 | Sold | $235,000 |
Apr 28, 2022 Source: MAAR #10122114 | Pending | $199,900 |
Apr 20, 2022 Source: MAAR #10122114 | Listed For Sale | $199,900 |
Oct 3, 2018 Source: Agent Provided | ListingRemoved | $995 |
Sep 19, 2018 Source: Agent Provided | Listed For Rent | $995 |
May 30, 2008 Source: N/A | Sold | $59,500 |
Jan 10, 2008 Source: N/A | Sold | $89,250 |
Aug 22, 2003 Source: N/A | Sold | $100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,300 | $250,400 |
Home facts updated by county records
Frequently asked questions about 5159 Downs Dr
- What is 5159 Downs Dr estimated to be worth?Trulia's estimated value for 5159 Downs Dr in Memphis, TN is $192,300.
- What is the price history for 5159 Downs Dr?5159 Downs Dr in Memphis, TN last sold for $235,000 in May 2022.
- 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.
- How big is the lot at 5159 Downs Dr?The lot at 5159 Downs Dr in Memphis, TN is about 0.23 acres (10,019 sq ft).
Homes for rent near 5159 Downs Dr
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

