1587 N PKY Memphis, TN $ 225,000
1587 N PKY
$ 225,000
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1587 N PKY

Memphis, TN, 38112
$ 225,000
Bedrooms4 Baths3.0 Sq 2,854

Monthly Estimate*

$ 1,385

1587 N PKY, Memphis, TN 38112 - Image 1

Single Family Home for sale in Memphis, TN

for $225,000 with 4 bedrooms and 3 full baths. This 2,854 square foot home was built in 1930 on a lot size of 0.23.

Well-located Midtown property positioned along N Parkway with quick access to Overton Park, Crosstown Concourse, and Downtown. This home offers strong rental appeal with 4 bedrooms and 4 bathrooms, a functional layout, and classic Memphis character throughout. Interior features include spacious living areas, solid flooring, and natural light, creating a comfortable and practical living environment for tenants. The property sits on a manageable lot with off-street parking and easy access to major thoroughfares. Located in a high-demand rental corridor with proximity to major employers, dining, and entertainment, this is a solid opportunity for investors looking to add a stabilized asset in Midtown. Property is tenant-occupied. Do not disturb tenant.

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Single Family Active

Price

$ 225,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 6,899

Style

Split Level

Lot Size

0.23

Year Built

1930

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217823

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 3
Half Baths 0
Legal Subdivision Name WOODLAND
Style Split Level
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Area 744H Overton Park
Parcel Number 020040 00013
Sale/Rent For Sale
Status Detail 0
Year Built 1930
Directions Headed West on N Pkwy property is on the left before Crosstown Concourse
City Memphis
DOM 0
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Interior
Dining Room 0
Living Room Updated/Renovated Kitchen
Beds 4
Total Baths 3
Number of Rooms 10
Downstairs Bedrooms 2
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Exterior
Pool None
Lot WPT 7
Lot Size Area 0.23
Lot Size 64X155
Lot Description Level
Misc. Exterior Porch
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* Excluded Features
List By
Crestcore Realty Mphsbrokerage

Broker

Affordability Calculator

$1,960
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$575
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
3/27/2026$225,000 Listed Price

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1587 N PKY, Memphis, TN, 38112 is a Single Family Home for sale at $225,000 with 2,854 sqft and a lot size of 0.23. 1587 N PKY has 4 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 38112 which is in Memphis, TN