5153 Park Ave, Memphis, TN 38119

$275,000
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Active
BEDS3 BATHS2 full MLS#10212939
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCOLONIAL ACRES

Property 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.

5153 Park Ave | MLS# 10212939

This single family home located at 5153 Park Ave, Memphis, TN 38119 is currently listed for sale with an asking price of $275,000. This property was built in 1955 and has 3 bedrooms and 2 full baths. Park Ave is located in the COLONIAL ACRES subdivision. Search COLONIAL ACRES real estate on www.localagencyrealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Fireplaces: 1
Heating: Central, Gas
Home Style: Ranch
Lot Size: 0.32 Acres
Roof Type: Composition Shingles
Year Built: 1955

Feature Descriptions

Additional Rooms: Attic
Bed and Bath: All Bedrooms Down
Days on Site: 186
Exterior: Patio
Exterior/ Windows: Brick Veneer
Fireplace: Masonry
Floors/ Ceilings: Hardwood Throughout
Interior: All Window Treatments
Interior Equipment: Range/Oven
Living/ Dining Room: Separate Den, Separate Dining Room, Separate Living Room
Lot: Level, Some Trees
Parking/ Storage: Driveway/Pad
Total Rooms: 6
Water/ Sewer: Gas Water Heater

Listed By / Shown By

Listed By

Agency Name: Keller Williams

Shown By

Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808

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Estimated Payment

$ 1,731.49 per month $1,651.28 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance

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