About This Home
This 4-bedroom, 2-bathroom single family at 790 COLONIAL Rd in Memphis, TN is listed for $285,000 ($114 per sqft). Built in 1903, the home offers 2,493 sqft of living space on a 0.88 acres lot.
Key Features
- Built in 1903
- 0.88 acre lot
Property Details
Amenities
CASH ONLY / AS-IS / RARE EAST MEMPHIS INFILL OPPORTUNITY. Unlock a rare chance to secure a nearly 1 acre property - the largest lot on Colonial between Park and Poplar. This elevated 0.88-acre parcel sits in one of East Memphis' most established and desirable areas, surrounded by condos, townhomes, and long-standing residential communities.
The 1903 farmhouse is being sold AS-IS, with value primarily in the land, location, and redevelopment potential. This oversized infill site offers a rare opportunity for builders or investors to explore development of 2-4 luxury zero-lot-line homes or a boutique gated community (buyer to verify zoning, subdivision, and approvals).
Large parcels of this size are increasingly scarce in East Memphis, making this a strong opportunity for new residential development in a high demand area. Convenient to the Memphis Botanic Garden, Theatre Memphis, Leftwich Tennis Center, Audubon Park, University of Memphis, shopping, dining, and major medical centers.
Monthly Cost Estimate
$1,524/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
790 COLONIAL Rd
Memphis, TN 38117
Features & Amenities
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom single family at 790 COLONIAL Rd is listed at $285,000 ($114/sqft). The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1903, 0.88 acre lot. Exterior Features: Porch, Wood Fence, Sidewalks.
This property is listed by Michelle Shaver-Simpson and can be reached at 9015816408.
