# 550 S PARKWAY Ave E, Memphis, TN 38106

> **TL;DR:** 4bd/1ba single family, $135,000 ($76/sqft), built 1912, 1,774 sqft. Est. $722/mo. Listed 29 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $135,000 |
| Price/sqft | $76 |
| Bedrooms | 4 |
| Bathrooms | 1 full |
| Square Feet | 1,774 |
| Year Built | 1912 |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 29 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $683 |
| Estimated Insurance | $39 |
| **Total** | **$722** |

## Property Highlights

- Built in 1912

## Description

### Agent 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.

## Location

- **Address:** 550 S PARKWAY Ave E, Memphis, TN 38106
- **County:** Shelby
- **Neighborhood:** Barbour Blk B
- **Coordinates:** 35.107638, -90.04445
- **Google Maps:** https://www.google.com/maps?q=35.107638,-90.04445

## Listing Agent

- **Name:** Caleb Parr
- **Brokerage:** The Renshaw Company, REALTORS
- **Broker Phone:** 901-756-5127
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/550-S-Parkway-E_Memphis_TN_38106_M81150-49465?f=listhub&s=MAARTN&m=10231390&c=propsimple)

## Photos

![550 S PARKWAY Ave E - Photo 1](http://lh.rdcpix.com/074c0343110fefc0cfb448d05b7bd206l-f1802126942r.jpg)

---

**MLS#:** 10231390 | **Updated:** 2026-10-28
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/550-s-parkway-ave-e-memphis-tn-38106-94ba7c318a3c49dcb8b8be0bcdfcf833)

---

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