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

1 story
1 full
1939

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,235/mo

20% down · 6.5% · 30 years

Principal$167
Interest$1,001
Insurance$67

Estimates only. Actual payments may vary.

Location

287 OLMSTEAD Ave

Memphis, TN 38106

RAYBURN AVE BLK E

Features & Amenities

Exterior Features

Porch

Property Details

Flooring

Carpet

Outdoor Features

Porch

Parking

Driveway

Heating

Central

Cooling

Central Air

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.

MS

Mae Stanton

Agent at KAIZEN Realty

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

MLS# 10230379· Source: Memphis Area Association of Realtors®· 45 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.

287 OLMSTEAD Ave, Memphis, TN 38106

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