MAGNOLIA TERRACE Homes for Sale

Welcome to Magnolia Terrace, a charming subdivision nestled in the heart of Memphis, Tennessee. Located in Shelby County, Magnolia Terrace offers a peaceful and welcoming community for residents to call home.

With a variety of homes for sale, Magnolia Terrace provides options for every lifestyle. Whether you are looking for a cozy starter home or a spacious family residence, this subdivision has something for everyone. True to its name, Magnolia Terrace boasts beautiful magnolia trees lining the streets, adding to the picturesque and serene atmosphere of the neighborhood.

Residents of Magnolia Terrace enjoy easy access to all that Memphis has to offer, from vibrant dining and shopping options to cultural attractions and outdoor recreation. The neighborhood is also conveniently located near schools, parks, and major highways, making it a desirable location for families and individuals alike.

If you are looking for a new place to call home in Memphis, look no further than Magnolia Terrace. Explore the homes for sale in this lovely subdivision and discover the perfect property to suit your needs and preferences. Experience the warmth and community spirit of Magnolia Terrace – where modern living meets Southern charm.

Newest MAGNOLIA TERRACE Homes for Sale

$99,900

4 Beds ⋅ 2 Baths ⋅ 10229932 MLS

Don’t miss your chance to own this charming property bordering the desirable Historic Glenview community. This home features 3 bedrooms and 2 full baths, along with an additional flexible room on the side of the home that could easily serve as a 4th bedroom, office, or bonus space. Previously renovated by the prior owner and operated as a successful Airbnb, this property offers excellent versatility—perfect as a primary residence, short-term rental, or long-term investment property. The home is being sold AS-IS, but appears to require only minor improvements, making it a great value-add opportunity. With ongoing renovations and new construction nearby, this area continues to show strong growth and potential. Previous listing has this property at over 2,000 square feet accessor footage is not correct.

1570 E Mclemore Ave, Memphis

$176,900

3 Beds ⋅ 1 Baths ⋅ 10195308 MLS

TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1-bath home is currently rented for $1,325/month through 06/02/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

1589 E Mclemore Ave, Memphis

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