5153 PARK AVE, Memphis, TN 38119
5153 PARK AVE, Memphis, TN 38119
5153 PARK AVE, Memphis, TN 38119
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$275,000
Est. payment /mo
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3 Beds
2 Baths
0.32 Acres Lot
Price Dropped by $20K

5153 PARK AVE Memphis, TN 38119

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Heather Wicker

Heather Wicker

+1(901) 430-2229

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Gates

MLS Listing ID 10212939

Style Ranch

Bedrooms 3

Full Baths 2

Year Built 1955

Annual Tax Amount $3,352

Lot Size 0.320 Acres

Property Sub-Type Detached Single Family

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.

Location

State TN

County Shelby

Area Sea Isle/Park

Rooms

Other Rooms Attic

Master Bedroom 0x0

Bedroom 2 Level 1, Shared Bath

Bedroom 3 Level 1, Shared Bath

Dining Room 0x0

Kitchen Separate Living Room, Separate Dining Room, Separate Den

Interior

Interior Features All Window Treatments

Heating Central, Gas

Cooling Central

Flooring Hardwood Throughout

Fireplaces Number 1

Fireplaces Type Masonry

Equipment Range/Oven

Exterior

Exterior Feature Brick Veneer

Parking Features Driveway/Pad

Garage Spaces 1.0

Pool None

Roof Type Composition Shingles

Private Pool Yes

Building

Lot Description Some Trees, Level

Story 1

Foundation Slab

Water Gas Water Heater

Others

Miscellaneous Patio

Listed by Todd T Adams • Keller Williams

NEARBY SCHOOL & BUSINESS

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Heather Wicker

Heather Wicker

Agent | License ID: 374750

+1(901) 430-2229

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5153 PARK AVE