About This Home

This 4-bedroom, 1-bathroom single family at 550 S PARKWAY Ave E in Memphis, TN is listed for $135,000 ($76 per sqft). Built in 1912, the home offers 1,774 sqft of living space on a N/A lot.

Key Features

  • Built in 1912

Property Details

1 story
1 full
1912
Listing Description

Cash-flowing investment opportunity in Memphis. This brick home is leased at $1,700/month through March 2027 and is professionally managed, so you collect income from day one. The brick exterior means lower long-term maintenance and less capital expense. A strong fit for an investor who wants a hands-off rental with steady income. No showings without an accepted offer. No seller/creative financing.

Monthly Cost Estimate

$722/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

550 S PARKWAY Ave E

Memphis, TN 38106

Barbour Blk B

Features & Amenities

Exterior Features

Wrought Iron Security Drs

Property Details

Parking

Driveway

Heating

Central

Questions & Answers

This 4-bedroom, 1-bathroom single family at 550 S PARKWAY Ave E is listed at $135,000 ($76/sqft). The estimated monthly payment is $722 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1912. Exterior Features: Wrought Iron Security Drs.

This property is listed by Caleb Parr.

CP

Caleb Parr

Agent at The Renshaw Company, REALTORS

Listed by The Renshaw Company, REALTORS · Broker phone: 901-756-5127 · View on Broker Site · Broker website

MLS# 10231390· Source: Memphis Area Association of Realtors®· 28 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.

550 S PARKWAY Ave E, Memphis, TN 38106

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