3+ Bedroom Family Homes for Sale in Memphis, TN Under $800K
There are 12 homes for sale in Memphis, TN, with 3 to 5 bedrooms and 3 to 5 bathrooms. Displayed asking prices range from $589,900 to $775,000, and build years from 1867 to 2022.
Central Gardens and Annesdale Park sit a few minutes east of downtown, with tree-lined streets of early twentieth century houses and deep lots near Overton Park. Victorian Village, west of the Medical District along Madison Avenue, holds some of the oldest residences in the city, many built in the decades after the Civil War. The downtown core, with its Mississippi River bluffs and the Pinch District, anchors the area, while the Broad Avenue arts corridor links Midtown to the river.
Overton Park, home to the Memphis Zoo, is a short walk from much of Central Gardens and Annesdale Park. Downtown is usually a short drive from these neighborhoods, and Interstate 240 gives quick access to the hospital corridor and the rest of the metro. Buyers comparing family homes in Memphis often weigh these commutes and the walkable blocks against the age and condition of each house.
Homes in this collection
13 homes
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Buying in Memphis
The questions buyers ask us most about this collection.
What is it like living in Central Gardens in Memphis?
Central Gardens is one of Memphis's older historic districts, with tree-lined streets of houses from the early 1900s and a walkable feel near Overton Park. Residents tend to value the mix of architectural styles and easy access to the park and zoo. Buyers should expect older homes to need ongoing care, so a detailed inspection matters.
How is Annesdale Park different from Central Gardens?
Annesdale Park sits near Central Gardens and shares its early twentieth century character, with a similar mix of established lots and historic detailing. Buyers often compare the two because both put them within reach of Overton Park. Checking lot size and street layout helps decide which neighborhood suits your household.
What should buyers check when buying an older home in Memphis?
Older houses in Memphis often have original wiring, plumbing and foundations that deserve a careful look. Ask for the age of the roof and HVAC system and request records for any renovation permits. A home inspector familiar with older local construction is worth hiring.
Is Victorian Village a good area for a family home?
Victorian Village is a historic district near the Medical District and Madison Avenue, with a mix of large older homes and nearby restaurants. Families often value the walkable blocks and the proximity to hospitals and downtown. Buyers should confirm school zoning for each address before making a decision.
How far is downtown Memphis from these historic neighborhoods?
Central Gardens, Annesdale Park and Victorian Village all sit close to downtown, so a car commute is usually short. Traffic on busy roads and the interstate can slow the drive during peak hours. Buyers who commute should test the route at rush hour before choosing a home.
Are historic homes in Memphis good investments?
Historic neighborhoods near Overton Park and downtown have drawn steady buyer interest because of their character and central location. Value depends on the specific street, the home's condition and the quality of any renovation, so no outcome is guaranteed. A local agent can share recent sales on a particular block.