$275,000
$20K PRICE DROP

Estimated payment $1,660/month

Total Views 44,844
3 Beds
2 Baths
1,333 Sq Ft
$206 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

  • 13,939 Sq Ft 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

0.32 Acres

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
  • 55Community: N
  • 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

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 $1,711 $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

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 Prior Sale
07/21/2026 07/21/26 Price Changed $275,000 0.0% $206 / Sq Ft
07/21/2026 07/21/26 For Sale $275,000 -6.8% $206 / Sq Ft
05/20/2026 05/20/26 Off Market $295,000 -- --
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

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 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

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

About the Listing Agent

Todd Adams

Keller Williams

(901) 763-6847

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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.

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Source: Memphis Area Association of REALTORS®

MLS Number: 10212939

Memphis Area Association of REALTORS®

APN: 06-7062-0-0001

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