About This Home

This 3-bedroom, 1-bathroom single family at 3094 PARK Ave in Memphis, TN is listed for $140,000 ($112 per sqft). Built in 1940, the home offers 1,246 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1940
  • 0.19 acre lot

Property Details

1 story
1 full
1940

Amenities

A/C
Listing Description

COMMERCIAL ZONING + FLEXIBLE USE! Fully renovated property offering options for an owner-occupant, investor, or business owner. The property features 3 bedrooms, walk-in closets, a separate laundry room, upstairs storage, and ceiling fans throughout. Updates include a 3-year-old HVAC system, two hot water tanks, new privacy fence, storm doors, plus

a security system with Ring cameras, window sensors, and motion detectors that remain with the property. Conveniently located near shopping, dining, universities, and major roadways. Whether you're looking for a place to live, lease, invest, or establish a business, this property offers multiple possibilities under its commercial zoning.

Monthly Cost Estimate

$749/mo

20% down · 6.5% · 30 years

Principal$101
Interest$607
Insurance$41

Estimates only. Actual payments may vary.

Location

3094 PARK Ave

Memphis, TN 38111

PARK AVE TERRACE

Features & Amenities

Exterior Features

Wrought Iron Security DrsPorchWood Fence

Property Details

Flooring

LaminateSmooth ceiling

Outdoor Features

Porch

Parking

Driveway

Heating

Central

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3094 PARK Ave is listed at $140,000 ($112/sqft). The estimated monthly payment is $749 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.19 acre lot. Exterior Features: Wrought Iron Security Drs, Porch, Wood Fence.

This property is listed by Katrina Smith.

KS

Katrina Smith

Agent at KELLER WILLIAMS®

Listed by KELLER WILLIAMS® · Broker phone: (901) 261-7900 · View on Broker Site · Broker website

MLS# 10229668· Source: Memphis Area Association of Realtors®· 57 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.

3094 PARK Ave, Memphis, TN 38111

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