$295,000

Estimated payment $1,654/month

3 Beds
2 Baths
1,333 Sq Ft
$221 Price per Sq Ft

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Brick Veneer
  • Attic
  • Den
  • Patio

About This Home

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.

Listing Agent

Todd Adams

Keller Williams License #332950 Listed on: 01/15/2026

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 115x155
  • Level Lot
  • Few Trees

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,333 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Oven or Range
  • Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Gates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067062 00001

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: White Station
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1333
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Attic
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 5
  • Acreage: 0.32
  • Lot Size: 115X155
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 067062 00001

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

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 $1,344 $63,600 $10,125 $53,475
2024 $1,344 $39,650 $6,350 $33,300
2023 $2,415 $39,650 $6,350 $33,300
2022 $2,415 $39,650 $6,350 $33,300
2021 $2,444 $39,650 $6,350 $33,300
2020 $1,842 $25,425 $6,350 $19,075
2019 $813 $25,425 $6,350 $19,075
2018 $880 $27,525 $6,350 $21,175
2017 $900 $27,525 $6,350 $21,175
2016 $1,059 $24,225 $0 $0
2014 $1,059 $24,225 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2026 01/15/26 For Sale $295,000 +40.0% $221 / Sq Ft
08/09/2021 08/09/21 Sold $210,700 -3.3% $155 / Sq Ft View Prior Sale
06/04/2021 06/04/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $218,000 -- $161 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,700 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,560 Credit Line Revolving
Source: Public Records

About the Listing Agent

Todd Adams

Keller Williams

(901) 557-8806

Section Image

I'm a Lifetime Multi Million Dollar Club, "Top Producer" real estate agent with Keller Williams Realty. I'm extremely active in the Memphis, Germantown, Collierville TN and the nearby areas. I provide sellers and buyers with professional, responsive and attentive service. Call or text me, 901-870-7633 - I'm here to help.

Todd's Other Listings

  • 4859 Southern Ave, Memphis, TN 38117

    $260,000 Open Fri 11AM - 1PM

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 4859 Southern Ave
    • Memphis, TN

    OPEN HOUSE Friday 1/16 11am-1pm: UPDATED: 3 Bedrooms, 2 Bathrooms. White Station School District. Hardwood floors! Split Bedroom layout! UPDATED Kitchen w/ New SS appliances, Fridge, Gas Stove, Dishwasher, Granite Countertops! UPDATED Bathrooms. New Electrical Breaker Panel. Garage/storage. Fenced Backyard! Deck! Fresh Paint! Newer Roof! Newer HVAC! Newer Water Heater!

    Todd Adams Keller Williams

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  • 4023 Hilldale Ave, Memphis, TN 38117

    $395,000 Pending

    • 3 Beds
    • 2 Baths
    • 2,000+ Sq Ft
    • 4023 Hilldale Ave
    • Memphis, TN

    Vibrant & Updated! Welcome to 4023 Hilldale, Memphis, TN 38117. 3-bed, 2-bath 2160 measured sqft! This move-in-ready home boasts gleaming original hardwood floors, new double-pane windows, wide open floor plan perfect for entertaining. Work from home in the dedicated office, relax in the sunroom, or entertain in the fenced backyard. 50x25 backyard building complete w/ deck, studio/man cave,

    Todd Adams Keller Williams

    Section Image
  • 2237 Court Ave, Memphis, TN 38104

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,888 Sq Ft
    • 2237 Court Ave
    • Memphis, TN

    Estate Sale Sat, Sun, Monday 9am-4pm: Historic 1928 Mediterranean Bungalow in Midtown's Heart! Charming single-story 2BD/2BA; separate guest house. Original hardwood floors, leaded glass windows, tall ceilings, welcoming covered porch, secure electric gate driveway, fenced yard, private floral garden patio. Cozy warmth awaits w/ 3 wood-burning fireplaces in the main house + a 4th in the guest

    Todd Adams Keller Williams

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  • 3515 Hacks Cross Rd, Memphis, TN 38125

    $1,299,999

    • Land
    • 7.84 Acres
    • $165,816 per Acre
    • 3515 Hacks Cross Rd
    • Memphis, TN

    8 +/- acres in East Memphis, zoned R-15. Could be approved for OG, office general. Older home on the property, in disrepair. All utilities are connected. 1.5 +/- acre retention pond, professionally stocked with bass, bream, catfish. *We often see wild deer, wild turkey, wild rabbits, owls, geese, ducks, beavers on the property. *modest shed, 2 stall barn, back lot was a horse corral. *older

    Todd Adams Keller Williams

    Section Image
  • 500 S White Station Rd, Memphis, TN 38117

    $400,000 Sold May 05, 2025

    • Land
    • 0.96 Acre Lot
    • 500 S White Station Rd
    • Memphis, TN

    Discover a prime 1+/- acre lot at 500 S White Station, nestled in the heart of East Memphis—an exceptional opportunity for renovation or redevelopment. Boasting 145 feet of frontage and 290 feet of depth, this expansive property is zoned R-10, accommodating single-family homes on lots of at least 10,000 square feet, as well as duplexes, multi-family dwellings, and other residential uses. The lot

    Todd Adams Keller Williams

  • 5351 Quince Rd, Memphis, TN 38119

    $265,000 Sold Jun 27, 2025

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 5351 Quince Rd
    • Memphis, TN

    Move-in ready 3-bed, 2-bath single floor plan/ranch at 5351 Quince in Colonial Acres, Memphis! This 1,600 sqft gem boasts hardwood floors, eat-in kitchen with SS appliances opening to a great room with wood-burning fireplace, laundry closet, and pantry. Updates include new electrical panel, new AC condenser, new water heater, new renovated primary bathroom and a 16x12 primary suite with walk-in

    Todd Adams Keller Williams

  • 5551 Murff Ave, Memphis, TN 38119

    $288,000 Sold Apr 22, 2025

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 5551 Murff Ave
    • Memphis, TN

    Under Contract, Continue to Show: Welcome to your stylish East Memphis retreat at 5551 Murff Ave! This 3-bed, 2-bath gem is perfect for young professionals or families craving a vibrant, walkable lifestyle. Stroll to trendy shops, eateries, a dog park, and a frisbee golf park in this friendly, tree-lined neighborhood. Inside, gleaming hardwood floors lead to a spacious great room with a cozy

    Todd Adams Keller Williams

  • 199 Greenbriar Dr, Memphis, TN 38117

    $630,000 Sold Jul 17, 2025

    • 4 Beds
    • 4 Baths
    • 3,400+ Sq Ft
    • 199 Greenbriar Dr
    • Memphis, TN

    Welcome to 199 Greenbriar Dr, a heartfelt 4BR/4BA home tucked in a family cul-de-sac. Students and families can walk to and from St. Mary’s, St. Agnes and White Station schools. The house sits amid parks, shopping, churches, restaurants and Memphis’ vibrant pulse. Fresh painted interior neutral colors. Updated w/ newer roof, gutters, updated HVAC, true hardwood floors, modern bathrooms, a chef’s

    Todd Adams Keller Williams

  • 115 E Charlotte Cir, Memphis, TN 38117

    $365,000 Sold May 08, 2025

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 115 E Charlotte Cir
    • Memphis, TN

    Your Dream Home Awaits at 115 E Charlotte Cir, Memphis, TN 38117 Nestled in the prime East Memphis location, this stunning 3-bedroom, 2-bath home offers everything you’ve been searching for. Situated in the highly desirable White Station School District, it’s perfect for individuals or families and just minutes from top shopping, parks, and dining. Step inside to find a newly updated kitchen

    Todd Adams Keller Williams

Source: Memphis Area Association of REALTORS®

MLS Number: 10212939

Memphis Area Association of REALTORS®

APN: 06-7062-0-0001