MAGNOLIA TERRACE Homes for Sale

Welcome to Magnolia Terrace, a hidden gem nestled in the vibrant heart of Memphis, Tennessee. This charming subdivision in Shelby County offers a perfect blend of suburban tranquility and urban convenience, making it an ideal location for families, young professionals, and retirees alike.

Magnolia Terrace boasts beautifully designed homes that reflect a variety of architectural styles, ensuring that there is something to suit every taste. From cozy single-family residences to more spacious properties, the homes for sale in this community are not just buildings; they are places where memories are made. Many of these homes feature modern amenities, open floor plans, and lush backyards, perfect for outdoor gatherings or peaceful evenings under the stars.

Residents of Magnolia Terrace enjoy a strong sense of community, with friendly neighbors and a welcoming atmosphere. The subdivision is conveniently located near excellent schools, parks, and recreational facilities, making it easy for families to engage in outdoor activities and community events. Additionally, with Memphis just a short drive away, you can easily access a wealth of dining, shopping, and entertainment options, from world-class barbecue joints to vibrant music venues.

If you’re searching for a place that offers both comfort and convenience, look no further than Magnolia Terrace. Explore the homes for sale in this delightful subdivision and discover the perfect setting for your next chapter. Experience the charm of Magnolia Terrace, where your dream home awaits!

Newest MAGNOLIA TERRACE Homes for Sale

$104,900

4 Beds ⋅ 2 Baths ⋅ 10218848 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

This property is leased at $1,325 per month through 06/02/2028. Renovated property positioned for strong rental performance with thoughtful updates throughout. Major improvements include a new roof with updated decking, new HVAC system (furnace and AC), and full interior repaint with modern finishes. Kitchen has been refreshed with painted cabinets, new countertops, sink, and fixtures, while bathrooms feature updated toilets and repairs. Additional upgrades include smart locks, improved insulation, and exterior concrete repairs with fresh paint. Clean, functional layout with durable, low-maintenance features ideal for long-term hold. 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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