$140,000

Estimated payment $846/month

Total Views 11,414
3 Beds
1 Bath
1,246 Sq Ft
$112 Price per Sq Ft

Highlights

  • Very 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!

Listing Agent

Katrina Smith

Keller Williams License #369322 Listed on: 09/03/2026

Keller Williams

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

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARK AVE TERRACE
  • Handicap Design: Ramp
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1246
  • Year Built: 1940
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Smooth Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: N PT 12
  • Acreage: 0.19
  • Lot Size: 50 X 169.98/168.97
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 045078 00048

3D Interior and Exterior Tours

Floorplan

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
09/03/2026 09/03/26 For Sale $140,000 -- $112 / Sq Ft
Source: Memphis Area Association of REALTORS®

About the Listing Agent

Katrina Smith

Keller Williams

(901) 627-3746

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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

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    • 3.5 Baths
    • 3,255 Sq Ft
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    • 1,796 Sq Ft
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  • 43 Hastings Way, Covington, TN 38019

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  • 1104 Saunders Ave, Memphis, TN 38127

    $92,000 Sold Nov 14, 2025

    • 5 Beds
    • 2 Baths
    • 2,001 Sq Ft
    • 1104 Saunders Ave
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    Partially renovated 5BR/2BA in a quiet neighborhood. Recent updates include new windows, ceiling fans, dishwasher, kitchen cabinets, and wood flooring. All renovation materials currently onsite will remain with the sale. Great potential for investors or buyers looking to add personal finishing touches. Sold as is.

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  • 4177 Coventry Dr, Memphis, TN 38127

    $104,000 Sold Feb 13, 2026

    • 4 Beds
    • 2.5 Baths
    • 1,764 Sq Ft
    • 4177 Coventry Dr
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    This corner-lot home offers 4 bedrooms, 2.5 baths, and plenty of space to make your own. Enjoy new flooring throughout, fresh interior paint, updated faucets and toilets, and a 5-year-old roof. The 7-year-old HVAC system provides efficient central air and heat. The large, fenced backyard is perfect for entertaining, pets, or outdoor projects. Selling as-is, where-is. Ideal for an investor or

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  • 3213 Ridgemont Ave, Memphis, TN 38128

    $152,000 Sold Mar 24, 2026

    • 3 Beds
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    Turnkey-ready, fully modernized, and loaded with upgrades—this charming 3BR/2BA home is truly move-in ready and perfect for first-time buyers, growing families, or investors! Step inside to a functional layout with spacious rooms, inviting living and dining areas, and beautiful flooring throughout. The updated kitchen offers plenty of storage and counter space, plus ALL appliances convey,

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  • 2452 Heather Ridge, Southaven, MS 38672

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    • 3 Beds
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  • 6941 Bennington Cir, Memphis, TN 38141

    $205,000 Sold Nov 21, 2025

    • 3 Beds
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    Back on the Market! Buyer’s financing fell through — their loss is your gain! This move-in ready home comes with move-in equity and already has a completed appraisal and inspection, giving you a head start toward closing. Don’t miss this second chance to make it yours! Spacious 3BR/3BA, 1.5-story home featuring hardwood flooring, vaulted ceilings, fireplace, and versatile loft. Two bedrooms down,

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Source: Memphis Area Association of REALTORS®

MLS Number: 10229668

Memphis Area Association of REALTORS®

APN: 04-5078-0-0048

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