Property management
in Oakland.
An owner-heavy, appreciation-led market. We price every Oakland home on its own comps, never a citywide Memphis average, and run it with one local team.
Free, instant, no obligation. Enter your address for a live comp-backed rent estimate. Or call (901) 244-2911.
Where Oakland sits in the Memphis area.
Oakland by the numbers
The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.
A bit of Oakland history
Established 1830 along the Stage Road running from Memphis through Raleigh to Somerville. Dr. James A. Hunter built the first house and opened the first dry-goods store. Boomed after the four-lane expansion of U.S. Highway 64 in the early 1990s, growing 417% from 2000 to 2020.
For owners that translates to a buy-and-hold market: values are up about 25% over five years, and 86% of homes are owner-occupied, so a rental that does come open tends to draw long-term, well-qualified residents. The last twelve months have been flat to slightly soft, in line with the wider for-sale market. That is the honest near-term picture; the five-year trend is the one that has paid owners here.
How we can run it
Common questions about Oakland property management
Does Longstep manage rental property in Oakland?
Yes. Longstep manages long-term and short-term rentals in Oakland with one local team, in-house cleaning and maintenance at cost, and every fee disclosed up front.
What are home values doing in Oakland?
Homes in Oakland are worth about $356,568 on the Zillow Home Value Index, up 24.8% over the past five years and −1.9% in the past year.
What does Longstep charge to manage a Oakland 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.
What would your Oakland 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.