790 Colonial Rd, Memphis, TN 38117

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List Price
$285,000
Status
ACTIVE
MLS#
10220894
Price Change
▼ $40,000 1778907848
Bedrooms
4
Bathrooms
1.1
Lot Size
200X193

Property Description

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, Audubon Park Golf Course, University of Memphis, shopping, dining, and major medical centers.

Additional Information

Acres
0.88
Annual City Tax
2049
Annual County Tax
2136
Bedrooms Downstairs
3
Bedroom Three Description
Level 1, Shared Bath, Hardwood Floor
Bedroom Two Description
Level 1, Shared Bath, Hardwood Floor
Cooling
Central
Exterior
Porch, Wood Fence, Sidewalks
Exterior Windows
Wood/Composition, Wood Window(s), Storm Window(s), Storm Door(s)
Fireplace
Decorative Only, In Living Room, In Den/Great Room
Fireplaces
2
Floors Ceilings
Hardwood Throughout, Vinyl/Luxury Vinyl Floor, 9 or more Ft. Ceiling
Foundation
Conventional, Other (See Remarks)
Heating
Central, Electric
Interior Equipment
Range/Oven, Dishwasher, Refrigerator, Cable Wired
Legal Subdivision
Na
Living Dining Kitchen
Separate Living Room, Separate Dining Room, Separate Den, W/D Connection in Kitchen, Vinyl/Luxury Vinyl Floor
Lot Description
Some Trees, Level, Wood Fenced
Lot Size
200X193
Misc Interior
Permanent Attic Stairs, Walk-In Attic
Neighborhood Amenities
None
New Financing
Other (See REMARKS)
Other Rooms
Entry Hall, Attic
Parking Storage
Driveway/Pad
Roof
Composition Shingles
Stories
1.1
Style
Bungalow
Subdivision
`NA
Subtype
Detached Single Family
Water Sewer
Public Water, Public Sewer
Year Built
1903

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Listing courtesy of Crye-Leike, Inc., REALTORS.

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