Longstep Property Solutions Homes for Rent
Property Management · Speedway Terrace

Property management
in Speedway Terrace.

We price Speedway Terrace 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 Speedway Terrace sits in the Memphis area.

01

Speedway Terrace by the numbers

The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.

Area data updated August 13, 2026
Owner-occupied
31%
US Census ACS
Typical asking rent · all rentals
$1,395/mo
$1,129 low$1,557 high
Live Speedway Terrace rental comps, 23 listings
Short-term rental · typical
$172/night
55% occupancy · 13 active short-term listings
Short-term rental market data, Speedway Terrace
Median household income
$36K
US Census ACS
02

What is happening on the ground in Speedway Terrace

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.

Building permits · past 12 months
15
LessMore
above the metro typical for building activity
19 active on file
City of Memphis / Shelby County permits
Derelict / substandard structures · 24 months
9
FewerMore
above the metro typical for distressed buildings
52 routine upkeep notices (weeds, vehicles, dumping)
Memphis 311 code enforcement
Reported incidents · past 12 months
99
LowerHigher
above the metro typical
10 violent · 43 property
Memphis Police Department

Counts cover the Speedway Terrace boundary shown above. The Less/More marker places Speedway Terrace 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.

03

A bit of Speedway Terrace history

National Register-listed 1998. Early-20th-century residential district named for its proximity to the old Memphis Driving Park speedway. Sits immediately north of the Crosstown Concourse anchor.

For owners, Speedway Terrace is a rental-demand market. Our typical-rent figure here is built on 23 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.

04

How we can run it

Common questions about Speedway Terrace property management

Does Longstep manage rental property in Speedway Terrace?

Yes. Longstep manages long-term and short-term rentals in Speedway Terrace 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 Speedway Terrace?

Typical rent in Speedway Terrace runs about $1,395 a month, with most homes between $1,129 and $1,557 depending on size and condition. The most reliable number is your own address, which you can check free above.

What does a Speedway Terrace home earn as a short-term rental?

Across 13 active Speedway Terrace short-term listings the typical nightly rate is about $172 at roughly 55% occupancy. Well-equipped, professionally managed homes tend to run above that.

What does Longstep charge to manage a Speedway Terrace 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 Speedway Terrace

A sample of Speedway Terrace 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 Speedway Terrace 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.