# 3051 PARK Ave, Memphis, TN 38111

> **TL;DR:** 2bd/2ba single family, $176,890 ($134/sqft), built 1947, 1,320 sqft.
> A/C. Est. $946/mo. Listed 254 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $176,890 |
| Price/sqft | $134 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,320 |
| Year Built | 1947 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 254 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $894 |
| Estimated Insurance | $52 |
| **Total** | **$946** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1947
- 0.15 acre lot

## Description

### AI Summary
Renovated rental property in the Reese neighborhood of Memphis, Tennessee, with an active lease in place. The 1,320-square-foot single-family home offers two bedrooms and two bathrooms, with a layout suited to its current residential use. Built in 1947, the property sits on a 0.15-acre lot and includes central air conditioning and central heating. The home is currently leased for $1,200, with a listed lease expiration of 09/31/2026. Priced at $176,890, this Memphis property is being offered as part of a 103-home package. No creative finance offers are available. Its combination of two full bathrooms, established rental occupancy, and central climate systems provides clear, fact-based details for buyers reviewing an income-producing residential portfolio opportunity.

### Agent Description
Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

## Location

- **Address:** 3051 PARK Ave, Memphis, TN 38111
- **County:** Shelby
- **Neighborhood:** REESE
- **Coordinates:** 35.107522, -89.960792
- **Google Maps:** https://www.google.com/maps?q=35.107522,-89.960792

## Listing Agent

- **Name:** Caleb Hall
- **Brokerage:** KELLER WILLIAMS®
- **Phone:** 9015509021
- **Broker Phone:** (901) 261-7900
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3051-Park-Ave_Memphis_TN_38111_M83000-07674?f=listhub&s=MAARTN&m=10213296&c=propsimple)

## Photos

![3051 PARK Ave - Photo 1](http://lh.rdcpix.com/ea12d667c4c9cbe06984e9f147c7e54bl-f3996463880r.jpg)

---

**MLS#:** 10213296 | **Updated:** 2026-09-23
**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/3051-park-ave-memphis-tn-38111-10213296)

---

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