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

1 story
2 full
1-car garage
1955

Amenities

FireplaceHardwoodA/C
Listing Description

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

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

5153 PARK Ave

Memphis, TN 38119

GATES

Features & Amenities

Interior Features

All Window Treatments

Exterior Features

Patio

Property Details

Flooring

Hardwood

Outdoor Features

Patio

Parking

Driveway

Heating

Natural GasCentral

Cooling

Central Air

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.

TA

Todd Adams

Agent at KELLER WILLIAMS®

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

MLS# 10212939· Source: Memphis Area Association of Realtors®· 286 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.

5153 PARK Ave, Memphis, TN 38119

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