5153 PARK AVE Memphis, TN $ 295,000
5153 PARK AVE
$ 295,000
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5153 PARK AVE

Memphis, TN, 38119
$ 295,000
Bedrooms3 Baths2.0 Sq 1,333

Monthly Estimate*

$ 1,816

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Single Family Home for sale in Memphis, TN

for $295,000 with 3 bedrooms and 2 full baths. This 1,333 square foot home was built in 1955 on a lot size of 0.32.

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.

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Single Family Active

Price

$ 295,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,352

Style

Ranch

Lot Size

0.32

Year Built

1955

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10212939

Features
General
Heating Central Gas
Cooling Central
Roof Composition Shingles
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 0
Other Rooms Attic
Legal Subdivision Name GATES
Style Ranch
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 759B Sea Isle/Park
Parcel Number 067062 00001
Sale/Rent For Sale
Status Detail 0
Year Built 1955
Directions South East Corner of Park Ave and White Station
City Memphis
DOM 0
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Interior
Living Room Separate Den Separate Dining Room Separate Living Room
Beds 3
Total Baths 2
Fireplace Masonry
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Foundation Slab
Pool None
Lot 5
Lot Size Area 0.32
Water & Sewer Gas Water Heater
Lot Size 115X155
Lot Description Level Some Trees
Misc. Exterior Patio
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$2,096
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,816
Monthly Property Taxes
$279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$295,000 Listed Price

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5153 PARK AVE, Memphis, TN, 38119 is a Single Family Home for sale at $295,000 with 1,333 sqft and a lot size of 0.32. 5153 PARK AVE has 3 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 38119 which is in Memphis, TN