About This Home
This 3-bedroom, 1-bathroom single family at 287 OLMSTEAD Ave in Memphis, TN is listed for $231,000 ($143 per sqft). Built in 1939, the home offers 1,610 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1939
- 0.11 acre lot
Property Details
Amenities
Attention developers, portfolio builders, and scaling investors! This is an exceptional opportunity to acquire instant residential scale in the high-demand 38106 redevelopment corridor. Positioned strategically right off the South Third Street and South Parkway arteries, this structured package features one existing single-family residence paired with five vacant residential infill lots located at 276 Olmstead, 279 Olmstead, 278 E.
Essex, 284 E. Essex & 286 E. Essex. No signs. No showings until an accepted offer is in place. Buyer to verify all information. Property is being sold as-is with no repairs by seller.
Monthly Cost Estimate
$1,235/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
287 OLMSTEAD Ave
Memphis, TN 38106
RAYBURN AVE BLK E
Features & Amenities
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 287 OLMSTEAD Ave is listed at $231,000 ($143/sqft). The estimated monthly payment is $1,235 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1939, 0.11 acre lot. Exterior Features: Porch.
This property is listed by Mae Stanton and can be reached at 9014124462.








