$125,000
$10K PRICE DROP

585 E Parkway S Unit 5 Memphis, TN 38104

Cooper-Young Neighborhood

Estimated payment $723/month

Total Views 5,885
2 Beds
1 Bath
800-999 Sq Ft
$125 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Separate Formal Living Room
  • Courtyard
  • Traditional Architecture
  • Porch
  • Patio

About This Home

Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available to purchase. 2bd/1bath with patio and parking. Ideal rental. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA$200 This will not go conventional or FHA. Leaders Credit Union, Kelly Jones, can do a special loan for this one.

Listing Agent

Alex Turner

Hobson, REALTORS License #315256 Listed on: 06/04/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $563

Year Built

  • Built in 1948

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 17x28
  • Wood Fence

Home Design

  • Traditional Architecture
  • French Architecture

Interior Spaces

  • 800-999 Sq Ft Home
  • 952 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Dining Room
  • Laminate Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 028034 B00005

Community Details

Overview

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Harbert Place Community
  • Harbert Place Subdivision

Additional Features

  • Laundry Facilities
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$563

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional, French
  • Attached Unit Type: Town House
  • Cross Street: Harbert
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Condo: Yes
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 952
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 800-999
  • Bedroom 2 Description: Level 2, Shared Bath
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Porch, Patio, Courtyard, Wood Fence
  • Exterior Windows: Storm Door(s)

Garage/Parking

  • Parking Storage: Parking Lot, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Association/Amenities

  • Condo Amenities: Community Laundry, Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: Harbert Place

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Number: UNIT 5
  • Acreage: 0.01
  • Lot Size: 17X28
  • Price Per Acre: 12500000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 028034 B00005

Map

Range of Values:

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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 $563 $53,760 $2,960 $50,800
2024 -- $16,600 $2,960 $13,640
2023 $1,011 $16,600 $2,960 $13,640
2022 $1,011 $16,600 $2,960 $13,640
2021 $639 $10,375 $1,850 $8,525
2020 $658 $9,075 $1,850 $7,225
2019 $658 $9,075 $1,850 $7,225
2018 $658 $9,075 $1,850 $7,225
2017 $373 $9,075 $1,850 $7,225
2016 $426 $9,750 $0 $0
2014 $426 $9,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $125,000 -7.4% $156 / Sq Ft
06/04/2025 06/04/25 For Sale $135,000 -- $169 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $28,500 None Available
Source: Public Records

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See All Homes in Memphis

Source: Memphis Area Association of REALTORS®

MLS Number: 10198170

Memphis Area Association of REALTORS®

APN: 02-8034-B0-0005

Tennessee Shelby County Memphis 38104 Cooper-Young

585 E Parkway S Unit 5, Memphis, TN

This home is located at 585 E Parkway S Unit 5, Memphis, TN 38104 and is currently priced at $125,000, approximately $125 per square foot. This property was built in 1948. 585 E Parkway S Unit 5 is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Binghampton Campus.

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Nearby Homes
Alex Turner
Listing Agent
Alex Turner
Section Image
Hobson, REALTORS
(901) 669-5781