Memphis Property Market and Real Estate Guide

(Memphis, Tennessee - TN, USA)

When one thinks of property in the US city of Memphis, Elvis Presley's former home Graceland usually springs to mind, yet there is so much more to this thriving hub than its connections with this rock and roll legend.

The city of Memphis boasts a stunning location on the banks of both the Mississippi and Wolf rivers, and property for rent and sale with views over the water understandably commands high prices. The Midtown area is a popular place for those with children, as there is a large park and schools found close by.


Memphis Zoo and Beale Street are among the top attractions in the city and rentals are largely available in the city center, while those looking to make a purchase usually reside in one of the suburbs. Property here is well priced in comparison to other major US cities, and investing in property in Memphis should yield good returns in the years to come.

Renting Serviced Apartments

Serviced apartments in Memphis are fairly simple and apartments can be found either online or through an agency. They usually come fully furnished with modern amenities and facilities, and the closer to the central business district, the higher the rental price.

The plusher serviced apartments often come with 24-hour security and a maid service that is available for cleaning if so desired. Older apartments are clean and good value for money but often lack mod cons that many desire when renting a serviced apartment, such as a communal garden or gymnasium.

Buying Apartments and Houses

Buying properties in Memphis as a foreigner is best done through an estate agent and it is also vital to use the services of a solicitor. Buyers need to get an Individual Taxpayer Identification Number for tax purposes and this can be organised through a solicitor.

Purchasing property in the US does involve many forms and a lot of paperwork, although the overall process is simple in comparison to other westernised countries.

Real Estate Agents

Finding real estate agencies in Memphis can be done via the Internet and this is the simplest way to see what types of properties the company handles. A local telephone book will also be useful and choosing an agent should be based on their portfolio of properties on offer, as well as word of mouth from previous clients.

Check out the following Memphis realtors and real estate agents:

Garland Company Real Estate
Address: 113 Harbor Town Square, Memphis, Tennessee TN, 38103, USA
Tel: +1 901 527 7778
Email: info@garlandcompany.com
Website: www.garlandcompany.com
Garland Company is situated right in the heart of city and offers a wide range of sales, as well as rentals.

First National Reality
Address: 6423 Summer Gale, Memphis, Tennessee TN, 38134, USA
Tel: +1 901 255 2745
Email: info@firstnationalrealty.com
Website: www.firstnationalrealty.com
First National offers some of the best rates and also has rental properties on their books.

The Driver Team
Address: 2857 Shelby Street, Bartlett, Memphis, Tennessee TN, 38134, USA
Tel: +1 901 387 1199
Email: driveteam@earthlink.net
Website: www.thedriveteam.com
The Driver Team has access to more than 10,000 properties for sale, both in and around the Memphis area.