5153 Park Ave, Memphis, TN 38119
- $275,000
- 3
- BD
- 2
- BA
- List Price
- $275,000
- Status
- ACTIVE
- MLS#
- 10212939
- Price Change
- ▼ $20,000 1784619400
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 115X155
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.
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Additional Information
- Acres
- 0.32
- Annual City Tax
- 1641
- Annual County Tax
- 1711
- Bedrooms Downstairs
- 3
- Bedroom Three Description
- Level 1, Shared Bath
- Bedroom Two Description
- Level 1, Shared Bath
- Cooling
- Central
- Exterior
- Patio
- Exterior Windows
- Brick Veneer
- Fireplace
- Masonry
- Fireplaces
- 1
- Floors Ceilings
- Hardwood Throughout
- Foundation
- Slab
- Heating
- Central, Gas
- Interior Equipment
- Range/Oven
- Legal Subdivision
- Gates
- Living Dining Kitchen
- Separate Living Room, Separate Dining Room, Separate Den
- Lot
- 5
- Lot Description
- Some Trees, Level
- Lot Size
- 115X155
- Misc Interior
- All Window Treatments
- Neighborhood Amenities
- None
- New Financing
- Conventional
- Other Rooms
- Attic
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Ranch
- Subdivision
- COLONIAL ACRES
- Subtype
- Detached Single Family
- Water Sewer
- Gas Water Heater
- Year Built
- 1955
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