Property management
in Main Street Mall.
We price Main Street Mall on its own block-by-block comps, never a citywide average, and manage it with one local team that knows this part of Memphis.
Free, instant, no obligation. Enter your address for a live comp-backed rent estimate. Or call (901) 244-2911.
Where Main Street Mall sits in the Memphis area.
Main Street Mall by the numbers
The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.
What is happening on the ground in Main Street Mall
Live signals from the county and the city: how much building is underway, how many structures are flagged as derelict or substandard, and reported crime over the past year. Each is shown against the typical Memphis area we cover, measured per square mile so a big suburb and a small neighborhood compare fairly.
Counts cover the Main Street Mall boundary shown above. The Less/More marker places Main Street Mall against the per-square-mile rate of every Memphis area we manage, so the raw count is read in context rather than on its own. Refreshed continuously from public records. Reported incidents are not total crime and do not measure how safe an area is or anything about the people who live there. We show the same public figures for every area and rate none. This is factual public data, not legal, investment, or fair-housing advice.
A bit of Main Street Mall history
A nine-block downtown pedestrian mall stretching along Main Street, opened as the Mid-America Mall in 1976. The first bricks were laid August 28, 1975 at Main and McCall, and President Gerald Ford dedicated the mall on May 14, 1976. Per <a href="https://choose901.com/its-not-just-main-street-its-the-mall/" rel="noopener" target="_blank">Choose901</a>, the Main Street Mall remains the longest pedestrian mall this side of the Mississippi and is now home to the MATA trolley line and the Main Street Sounds busking program.
For owners, Main Street Mall is a rental-demand market. Our typical-rent figure here is built on 19 live comps, so the number is grounded rather than guessed. We price each property to its own block and screen for residents who will stay.
How we can run it
Common questions about Main Street Mall property management
Does Longstep manage rental property in Main Street Mall?
Yes. Longstep manages long-term and short-term rentals in Main Street Mall with one local team, in-house cleaning and maintenance at cost, and every fee disclosed up front.
What can I rent a home for in Main Street Mall?
Typical rent in Main Street Mall runs about $2,355 a month, with most homes between $1,639 and $2,756 depending on size and condition, and rentals lease in a median of 45 days. The most reliable number is your own address, which you can check free above.
What does a Main Street Mall home earn as a short-term rental?
Across 25 active Main Street Mall short-term listings the typical nightly rate is about $81 at roughly 45% occupancy. Well-equipped, professionally managed homes tend to run above that.
What does Longstep charge to manage a Main Street Mall rental?
Long-term management is 8% of collected rent plus a one-time placement fee; short-term is 10% all-in. Maintenance and cleaning are in-house at cost, with no third-party markup.
Properties in Main Street Mall
A sample of Main Street Mall addresses with rent comps, short-term comps, or a recorded renovation on file. Open one for its county value, estimated rent, and renovation history.
What would your Main Street Mall property rent for?
Send us the address. We pull the real comps for that exact street and show you the long-term and short-term picture, free.
Free, no obligation. Or call (901) 244-2911.