3094 Park Ave Memphis, TN 38111
Orange Mound NeighborhoodEstimated payment $956/month
Highlights
- Popular Property
- Traditional Architecture
- Some Wood Windows
- Updated Kitchen
- Separate Formal Living Room
- Porch
About This Home
COMMERCIAL ZONING + ENDLESS POTENTIAL! This fully renovated property offers a unique opportunity for investors, entrepreneurs, or owner-occupants seeking flexibility and long-term value. Inside features 3 bedrooms, walk-in closets, a separate laundry room, upstairs storage, and ceiling fans throughout. Major updates include an HVAC system only 3 years old, two hot water tanks, a new privacy fence, storm doors, and a security system with Ring cameras, window sensors, and motion detectors that remain with the property. Conveniently located near shopping, dining, universities, and major roadways, this property offers strong visibility, accessibility, and potential investment. Live in it, lease it, or launch your business, the possibilities are endless!
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 8,276 Sq Ft Lot
- Wood Fence
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Veneer
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,246 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Ceiling Fan
- Some Wood Windows
- Separate Formal Living Room
- Dining Room
- Laminate Flooring
- Updated Kitchen
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Home Security
- Storm Doors
- Iron Doors
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Additional Features
- Accessible Ramps
- Porch
Community Details
- Park Ave Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 045078 00048
3D Interior and Exterior Tours
Floorplan
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $836 | $31,080 | $8,320 | $22,760 |
| 2024 | $922 | $27,200 | $6,800 | $20,400 |
| 2023 | $1,657 | $27,200 | $6,800 | $20,400 |
| 2022 | $1,657 | $27,200 | $6,800 | $20,400 |
| 2021 | $1,676 | $27,200 | $6,800 | $20,400 |
| 2020 | $1,878 | $25,920 | $6,800 | $19,120 |
| 2019 | $1,878 | $25,920 | $6,800 | $19,120 |
| 2018 | $1,878 | $25,920 | $6,800 | $19,120 |
| 2017 | $1,065 | $25,920 | $6,800 | $19,120 |
| 2016 | $1,028 | $23,520 | $0 | $0 |
| 2014 | $1,028 | $23,520 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2026 06/18/26 | Price Changed | $165,000 | -5.7% | $132 / Sq Ft |
| 05/26/2026 05/26/26 | Price Changed | $175,000 | -7.9% | $140 / Sq Ft |
| 05/12/2026 05/12/26 | For Sale | $190,000 | -- | $152 / Sq Ft |
About the Listing Agent
Katrina Smith is a dedicated, knowledgeable, and results-driven real estate professional licensed in Tennessee and Mississippi. Known for her relentless work ethic and positive energy, Katrina approaches every transaction with a commitment to excellence and a heart for service.
Her clients consistently praise her professionalism, responsiveness, and unwavering determination to help them achieve their homeownership goals—whether they are first-time buyers, seasoned investors, or families
Katrina's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10221356
APN: 04-5078-0-0048
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Ask me questions while you tour the home.