5206 Downs Dr, Memphis, TN 38135
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OFF MARKET

5206 Downs Dr
Memphis, TN 38135

Raleigh
  • 3 Beds
  • 2 Baths
  • 1,624 sqft

$175,300

Trulia Estimate
as of Aug 22, 2026

$175,300

Trulia Estimate
as of Aug 22, 2026
  • 3 Beds
  • 2 Baths
  • 1,624 sqft

Home Highlights

Property Type
Single-Family Home
Year Built
1973
Living Area
1,624 sqft
Price/Sqft
$108
Parking
Garage

Local Information

  • Map ViewExplore the area around 5206 Downs Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Please note that the advertised price may exclude additional fees. These include a mandatory $55 application fee per applicant; a one-time $75 admin fee; a $11 monthly utility management fee; fees for amenities like smart home or internet service; and optional conditional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99), pet fees/rent, or pool maintenance, if applicable. HOA application and amenity fees, where applicable, are paid directly to the HOA. Get rewarded for rental payments and more through FirstKey Homes Rewards - a rewarding and fun loyalty program. Get the home you want and the value you deserve with FirstKey Homes. Use our website to Apply Online, Schedule a Self-Tour, Review Resident Qualifications or Search More Homes; or contact our leasing department for help today. Pets are welcome. Apply soon, homes can go fast!

3 bedroom, 2 bathroom rental home in Memphis, TN, may be just the home for you.

 FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent—you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities – including St. Louis and Chicago – require a home inspection prior to a new resident taking possession of the home. If you are leasing a home in one of these areas, please note that your move-in date could be adjusted to accommodate inspection requirements. Please ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through Craigslist, SocialServe, LetGo, Facebook Marketplace or other classified advertising services. We will never ask for wire transfers, cash apps like Venmo, Zelle, CashApp PayPal, or any other transferring method to collect funds. See FirstKey Homes website for full details and conditions. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary, photos may be of similar home/floorplan, home may be under construction and photos may not be of actual home, individual homes, amenities, features, and views may differ. If you have any concerns, please schedule a tour prior to applying or leasing the listed home.
5206 Downs Dr, Memphis, TN 38135 is a 3 bedroom, 2 bathroom, 1,624 sqft single-family home in Raleigh, built in 1973. It last sold for $100,000 on Aug 30, 2017 (7,419% above the $1,330 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $1,725 per month. That rental listing was removed on September 13, 2025. It is currently off market. The Trulia Estimate is $175,300, with a rent estimate of $1,652/month.
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Property Website

Home Details for 5206 Downs Dr

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
Disposal
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Parking & Garage
GarageParking: Garage

Comparable Sales for 5206 Downs Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5235 Banbury Ave, Memphis, TN
0.12
Single-Family Home
$42,000
06/17/26
3
2
1,779 sqft
5207 Bruton Ave, Memphis, TN
0.29
Single-Family Home
$140,000
05/26/26
3
2
1,485 sqft
3634 Sunnyside St, Memphis, TN
0.22
Single-Family Home
$205,000
04/08/26
3
2
1,500 sqft
3634 Prince Charles Cv, Memphis, TN
0.18
Single-Family Home
$157,000
06/23/26
4
2
2,126 sqft
5305 Gloucester Ave, Memphis, TN
0.31
Single-Family Home
$205,000
05/26/26
3
2
1,533 sqft
5290 Queen Anne Dr, Memphis, TN
0.42
Single-Family Home
$205,000
11/12/25
3
2
1,543 sqft
3663 Sunnyside St, Memphis, TN
0.17
Single-Family Home
$225,000
10/27/25
4
2.5
1,800 sqft
5196 Yale Rd, Memphis, TN
0.44
Single-Family Home
$180,000
07/20/26
3
2
1,370 sqft
5197 Gloucester Ave, Memphis, TN
0.23
Single-Family Home
$158,294
08/26/25
3
3
2,800 sqft
5315 Yale Rd, Memphis, TN
0.52
Single-Family Home
$160,000
12/10/25
3
2
1,513 sqft

Nearby homes

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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

Price and Tax history

DateEventPrice
Sep 13, 2025
Source: Zillow Rentals
ListingRemoved
$1,330
Sep 11, 2025
Source: Zillow Rentals
PriceChange
$1,330
Price decreased by 4%
Sep 4, 2025
Source: Zillow Rentals
PriceChange
$1,385
Price decreased by 6%
Aug 28, 2025
Source: Zillow Rentals
PriceChange
$1,475
Price decreased by 7%
Aug 21, 2025
Source: Zillow Rentals
PriceChange
$1,580
Price decreased by 6%

Frequently asked questions about 5206 Downs Dr

  • What is 5206 Downs Dr estimated to be worth?
    Trulia's estimated value for 5206 Downs Dr in Memphis, TN is $175,300.
  • What is the price history for 5206 Downs Dr?
    5206 Downs Dr in Memphis, TN last sold for $100,000 in August 2017.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $141K. That is down $7.97K from the prior month.
  • Does 5206 Downs Dr have air conditioning?
    Yes, 5206 Downs Dr in Memphis, TN has air conditioning.
  • Does 5206 Downs Dr have a garage?
    Yes, 5206 Downs Dr in Memphis, TN has a garage.

Homes for rent near 5206 Downs Dr

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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.
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