# 287 OLMSTEAD Ave, Memphis, TN 38106 > **TL;DR:** 3bd/1ba single family, $231,000 ($143/sqft), built 1939, 1,610 sqft. > A/C. Est. $1,235/mo. Listed 13 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $231,000 | | Price/sqft | $143 | | Bedrooms | 3 | | Bathrooms | 1 full | | Square Feet | 1,610 | | Year Built | 1939 | | Lot Size | 4,792 sqft (0.11 acres) | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 13 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,168 | | Estimated Insurance | $67 | | **Total** | **$1,235** | ## Key Amenities - A/C ## Property Highlights - Built in 1939 - 0.11 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 287 OLMSTEAD Ave, Memphis, TN 38106 - **County:** Shelby - **Neighborhood:** RAYBURN AVE BLK E - **Coordinates:** 35.104349, -90.052891 - **Google Maps:** https://www.google.com/maps?q=35.104349,-90.052891 ## Listing Agent - **Name:** Mae Stanton - **Brokerage:** KAIZEN Realty - **Phone:** 9014124462 - **Broker Phone:** (901) 221-4041 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/287-Olmstead-Ave_Memphis_TN_38106_M88209-75064?f=listhub&s=MAARTN&m=10230379&c=propsimple) ## Photos ![287 OLMSTEAD Ave - Photo 1](http://lh.rdcpix.com/8a4de8686b0727a7dc8fddc8169807fdl-f2128415519r.jpg) ![287 OLMSTEAD Ave - Photo 2](http://lh.rdcpix.com/8a4de8686b0727a7dc8fddc8169807fdl-f643128313r.jpg) ![287 OLMSTEAD Ave - Photo 3](http://lh.rdcpix.com/8a4de8686b0727a7dc8fddc8169807fdl-f403878637r.jpg) ![287 OLMSTEAD Ave - Photo 4](http://lh.rdcpix.com/8a4de8686b0727a7dc8fddc8169807fdl-f367979245r.jpg) ![287 OLMSTEAD Ave - Photo 5](http://lh.rdcpix.com/8a4de8686b0727a7dc8fddc8169807fdl-f3223285642r.jpg) --- **MLS#:** 10230379 | **Updated:** 2026-09-22 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/287-olmstead-ave-memphis-tn-38106-10230379) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/287-olmstead-ave-memphis-tn-38106-10230379#listing", "url": "https://www.propertysimple.ai/listing/287-olmstead-ave-memphis-tn-38106-10230379", "name": "287 OLMSTEAD Ave, Memphis, TN 38106", "description": "Attention developers, portfolio builders, and scaling investors! This is an exceptional opportunity to acquire instant residential scale in the high-demand 38106 redevelopment corridor. 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