About This Home

This 2-bedroom, 2-bathroom condo at 5400 PARK Ave #311 in Memphis, TN is listed for $289,900 ($248 per sqft). Built in 1988, the home offers 1,167 sqft of living space on a 5.50 acres lot.

Key Features

  • Built in 1988
  • 5.50 acre lot

Property Details

1 story
2 full
1-car garage
#311
1988

Amenities

A/C
Listing Description

NEW PRICE! $30K-$40K BELOW MARKET & UNDER NOW $289,900! Location, location, location! Welcome to The Monarch, a gated East Memphis gem just off Park Avenue, no other property of its kind in the area. Move in ready, 2BR/2BA condo offers easy, low maintenance living with spacious rooms, a resort-style pool, courtyard, fitness center, clubhouse & secure parking.

Beautiful fountains, a private setting make this the perfect lock-and-leave lifestyle. Motivated seller! Selling AS IS. Come grab this one before someone else does!

Monthly Cost Estimate

$1,550/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,256
Insurance$85

Estimates only. Actual payments may vary.

Location

5400 PARK Ave #311

Memphis, TN 38119

1ST AMENDMENT TO THE MONARCH CONDOS

Features & Amenities

Interior Features

All Window TreatmentsCat/Dog Free HouseElevatorSecurity SystemWalk-In Closet(s)

Exterior Features

CourtyardWell Landscaped Grounds

Property Details

Flooring

Carpet - FullTileSmooth ceiling9 or more ft. ceiling

Parking

AssignedGuest

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom condo at 5400 PARK Ave is listed at $289,900 ($248/sqft). The estimated monthly payment is $1,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1988, 5.50 acre lot. Interior Features: All Window Treatments, Cat/Dog Free House, Elevator. Exterior Features: Courtyard, Well Landscaped Grounds.

This property is listed by Margie O'Neal.

MO

Margie O'Neal

Agent at RE/MAX Real Estate Experts

Listed by RE/MAX Real Estate Experts · Broker phone: (901) 685-6000 · View on Broker Site

MLS# 10220171· Source: Memphis Area Association of Realtors®· 186 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.

5400 PARK Ave #311, Memphis, TN 38119

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