About This Home

This 2-bedroom, 1-bathroom single family at 123 S PARKWAY Ave E in Memphis, TN is listed for $59,000 ($53 per sqft). Built in 1948, the home offers 1,120 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1948
  • 0.29 acre lot
  • Fireplace

Property Details

1 story
1 full
1-car garage
1948

Amenities

FireplaceHardwoodA/C
Listing Description

Back on the Market and Price Reduced!! Great Investment Opportunity to add to your rental portfolio or nice property for a homeowner willing to do some sweat equity and make it your own. Previously rented for $1,000 monthly. Selling AS IS, Preferable Cash Only or Conventional Financing.

No Wholesale/Assignment Contracts. Just freshly painted all rooms and sanded hardwood floors, no other repairs will be made at this price. Some minor repairs may still be needed, hot water heater 4 years old per owner. No Blind Offers, please view property prior to making an offer.

Monthly Cost Estimate

$316/mo

20% down · 6.5% · 30 years

Principal$43
Interest$256
Insurance$17

Estimates only. Actual payments may vary.

Location

123 S PARKWAY Ave E

Memphis, TN 38106

SOUTH PARKWAY TEXAS ST

Features & Amenities

Interior Features

All Window Treatments

Exterior Features

Wrought Iron Security DrsPorchChain Fence

Property Details

Flooring

HardwoodVinylTile

Outdoor Features

Porch

Parking

Driveway

Heating

Floor FurnaceCentral

Cooling

Ceiling Fan(s)Window Unit(s)

Questions & Answers

This 2-bedroom, 1-bathroom single family at 123 S PARKWAY Ave E is listed at $59,000 ($53/sqft). The estimated monthly payment is $315 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.29 acre lot, Fireplace. Interior Features: All Window Treatments. Exterior Features: Wrought Iron Security Drs, Porch, Chain Fence.

This property is listed by Linda Bell.

LB

Linda Bell

Agent at KAIZEN Realty

Listed by KAIZEN Realty · Broker phone: (901) 221-4041 · View on Broker Site · Broker website

MLS# 10227667· Source: Memphis Area Association of Realtors®· 86 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 S PARKWAY Ave E, Memphis, TN 38106

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