About This Home
This 3-bedroom, 2-bathroom single family at 5153 PARK Ave in Memphis, TN is listed for $275,000 ($206 per sqft). Built in 1955, the home offers 1,333 sqft of living space on a 0.32 acres lot.
Key Features
- Built in 1955
- 0.32 acre lot
- Fireplace
Property Details
Amenities
Prime Southeast Corner Development Opportunity - High-Traffic Park & White Station Intersection! 5153 Park Ave, Memphis, TN - Southeast corner of Park Avenue and White Station Road in the heart of East Memphis. This 0.32-acre lot (14,254 sq ft, dimensions 115' x 155') boasts exceptional frontage with curb-cut entrances on both Park Ave and White Station Rd - ideal visibility and access!
Currently improved with a livable 3-bedroom, 2-bath single-family home (1,330 sq ft) in solid, no-frills condition - functional as-is for rental income or immediate hold, but the real value lies in the land. Zoned R-6 (residential single-family/multi-family allowances per Memphis Unified Development Code), this corner parcel is perfectly positioned
amid thriving commercial activity: gas station/convenience store on one corner, a brand-new Bojangles fast-food location just opened on the northwest corner, a 4-story office building on the northeast, and a large updated shopping center across the street.
Monthly Cost Estimate
$1,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5153 PARK Ave
Memphis, TN 38119
GATES
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5153 PARK Ave is listed at $275,000 ($206/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 0.32 acre lot, Fireplace. Interior Features: All Window Treatments. Exterior Features: Patio.
This property is listed by Todd Adams and can be reached at 9018707633.
