Memphis, TN 38126 Multi-family Properties For Sale
The median home value in Memphis, TN 38126 is $60,100. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN 38126 is $60,100. Approximately 10.51% of Memphis, TN 38126 homes are owned, compared to 74.32% rented, while 15.17% are vacant. Memphis, TN 38126 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Memphis, TN 38126 real estate agent to arrange a tour today!
Learn More About Memphis, TN 38126 Real EstateStatistics & facts
5,867
Population
$60,100
Medium Home Value
2,421
# of Households
15.17%
Housing Vacancy
30.31%
Future Job Growth
3.50%
Unemployment Rate
For Sale
$420,000
487 WILLIAMS Ave
Memphis, TN 38126
Listing Courtesy of: Jeremy Veldman - KAIZEN Realty, LLC 901-221-4041
For Sale
$200,000
877 POLK Ave
Memphis, TN 38126
Listing Courtesy of: Cali Neal - KAIZEN Realty, LLC 901-221-4041
For Sale
$275,000
259 MARYLAND Ave
Memphis, TN 38126
Listing Courtesy of: Worth Woodyard - Woodyard Realty Corp 901-767-1998
For Sale
$550,000
486 E GEORGIA Ave
Memphis, TN 38126
Listing Courtesy of: Jen Carstensen - Real Estate Agency
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is courtesy of the Memphis Area Association of Realtors Internet Data Exchange Program. Copyright 2025 Memphis Area Association of REALTORS. All rights reserved.
Population
Memphis, TN 38126 has a population of approximately 5,867 and experiences a population change rate of -27.60%. The population density is 3,229 / sq mi.
Household
The median household income for Memphis, TN 38126 is $16,112, with 2,421 households and an average household size of 2.16.
Cost of Living
The cost of living index in Memphis, TN 38126 is 79.5%.
Home Value
The median value of a home in Memphis, TN 38126 is $60,100 with an appreciation rate of 15.0%. 10.5% of housing in the zip code is owned while 74.3% is rented.
Employment
The unemployment rate in Memphis, TN 38126 is 3.50%, and recent job growth is at -0.42%. Future job growth is projected at 30.31%.
Taxes
The sales tax rate in Memphis, TN 38126 is 9.75%, while the income tax rate is 0.00%.
Education
School expenditures in Memphis, TN 38126 are $12,225, and the school ratio is 15.8:1.
Weather
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 53.1 inches per year, with 3 inches of snow per year.
Education near Memphis TN, 38126
| Metric | City | County |
|---|---|---|
| High School Graduates | 86.61 | 89.28 |
| College Degree - 2 year | 5.63 | 6.34 |
| College Degree - 4 year | 27.09 | 33.31 |
| Graduate Degree | 7.31 | 9.69 |
| Expenditures per Student | $12,225 | $12,225 |
| Students per Teacher | 15.80 | 15.80 |
Elementary Schools near Memphis TN , 38126
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| A B Hill Elementary | PK - 05 | 285 | 12.7 | 38106 |
| Alton Elementary | PK - 05 | 339 | 14.7 | 38106 |
| Belle Forest Community School | PK - 05 | 1153 | 20.9 | 38115 |
| Bruce Elementary | PK - 05 | 339 | 14.5 | 38104 |
| Caldwell-Guthrie Elementary | PK - 05 | 531 | 16.1 | 38107 |
| Carnes Elementary | PK - 05 | 262 | 17.5 | 38105 |
| Circles of Success Learning Academy | KG - 05 | 246 | 27.3 | 38106 |
| Cordova Elementary | PK - 05 | 678 | 15.4 | 38106 |
| Cummings School | PK - 08 | 577 | 15.8 | 38106 |
| Florida-Kansas Elementary | PK - 05 | 266 | 15.8 | 38106 |
| Hamilton Elementary | PK - 05 | 560 | 17.5 | 38106 |
| Ida B Wells Academy | KG - 08 | 203 | 11.3 | 38126 |
| Idlewild Elementary | KG - 05 | 471 | 16 | 38104 |
| KIPP Memphis Collegiate Elementary | KG - 02 | 353 | 16.8 | 38107 |
| Larose Elementary | PK - 05 | 409 | 16.4 | 38126 |
| Lincoln Elementary | PK - 05 | 295 | 15.7 | 38106 |
| Macon-Hall Elementary | PK - 05 | 1156 | 18.7 | 38016 |
| Memphis College Preparatory | KG - 04 | 288 | 15.2 | 38105 |
| Peabody Elementary | PK - 05 | 407 | 14.6 | 38104 |
| Vollentine Elementary | PK - 05 | 291 | 13.9 | 38107 |
Middle Schools near Memphis TN , 38126
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| City University Boys Preparatory | 06 - 08 | 73 | 12.2 | 38106 |
| Colonial Middle School | 06 - 08 | 1092 | 17.4 | 38117 |
| Corry Middle School | 06 - 08 | 0 | null | 38106 |
| Dubois High School of Teacher Education | 09 - 12 | 0 | null | 38106 |
| Dubois Middle of Leadership Public Policy | 06 - 08 | 120 | 22.6 | 38106 |
| Hamilton Middle School | 06 - 08 | 411 | 15.9 | 38106 |
| Hickory Ridge Middle School | 06 - 08 | 902 | 19 | 38115 |
| Highland Oaks Middle | 06 - 08 | 786 | 20.1 | 38125 |
| Kate Bond Middle | 06 - 08 | 1213 | 20.6 | 38133 |
| South Side Middle | 06 - 08 | 300 | 16.7 | 38106 |
| Vance Middle School | 06 - 08 | 0 | null | 38126 |
| White Station Middle School | 06 - 08 | 1312 | 18.2 | 38120 |
High Schools near Memphis TN , 38126
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| B T Washington High School | 06 - 12 | 583 | 16.3 | 38126 |
| Bolton High School | 09 - 12 | 1878 | 20.3 | 38002 |
| City University School of Liberal Arts | 09 - 12 | 290 | 18.9 | 38106 |
| Cordova High School | 09 - 12 | 2039 | 21 | 38016 |
| Dubois High of Leadership Public Policy | 09 - 12 | 14 | 5.2 | 38106 |
| Germantown High School | 09 - 12 | 2001 | 21.9 | 38138 |
| Hamilton High School | 09 - 12 | 725 | 25 | 38106 |
| Hollis F. Price Middle College High School | 09 - 12 | 117 | 9.8 | 38126 |
| MCS Prep. School - Southwest | 09 - 12 | 0 | 0 | 38106 |
| Memphis Health Careers Academy | 09 - 12 | 92 | 8.8 | 38106 |
| White Station High School | 08 - 12 | 2330 | 22.8 | 38117 |
| Whitehaven High School | 09 - 12 | 1852 | 19.6 | 38116 |
Ungraded Schools near Memphis TN , 38126
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * East Career Technology Center | 07 - 12 | 0 | 0 | 38111 |
| * Kansas Career and Technical Center | 09 - 12 | 0 | null | 38106 |
| * Kingsbury Vocational School | 10 - 12 | 0 | 0 | 38122 |
| * Memphis Adult High School | 09 - 12 | 362 | 36.2 | 38111 |
| * Sheffield Career and Technical Center | 10 - 12 | 0 | 0 | 38118 |
| * Southwest Career and Technical School | 10 - 12 | 0 | 0 | 38109 |
| * Trezevant Career and Technical School | 09 - 12 | 0 | 0 | 38127 |
| Avon Lenox School | KG - 12 | 137 | 10.5 | 38117 |
| Freedom Preparatory Academy | 06 - 10 | 472 | 18.1 | 38109 |
| Martin Luther King Transition Center | KG - 12 | 867 | 86.7 | 38126 |
| Memphis Academy of Science Engineering Middle/High | 06 - 12 | 389 | 21.6 | 38103 |
| Memphis Rise Academy | 06 - 12 | 95 | 19 | 38122 |
| Memphis School of Excellence | 06 - 12 | 452 | 19.1 | 38141 |
| Memphis Virtual School | 06 - 12 | 97 | 8.1 | 38108 |
| New Consortium of Law and Business | 06 - 12 | 219 | 14.4 | 38134 |
| Shrine School | PK - 12 | 133 | 9.5 | 38118 |
| Snowden School | PK - 10 | 1529 | 17.8 | 38112 |
| Soulsville Charter School | 06 - 12 | 632 | 14.7 | 38106 |
| Woodstock High School | 06 - 10 | 339 | 20.1 | 38053 |
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