1287 S PARKWAY AVE Memphis, TN $ 139,900
1287 S PARKWAY AVE
$ 139,900
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1287 S PARKWAY AVE

Memphis, TN, 38106
$ 139,900
Bedrooms4 Baths2.0 Sq 2,909

Monthly Estimate*

$ 861

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Single Family Home for sale in Memphis, TN

for $139,900 with 4 bedrooms and 2 full baths. This 2,909 square foot home was built in 1937 on a lot size of 0.15.

Welcome to 1287 S Parkway in Memphis, TN 38106—a spacious 4-bedroom home in South Memphis offering 2,900 plus square feet of living space. This large Memphis home is perfect for buyers seeking affordable housing in Memphis, multi-generational living, or a strong investment property opportunity. Featuring a flexible layout with generously sized rooms, this property is ideal for a large family home, rental property, or fix-and-flip investment. With its size and bedroom count, updated water heater, HVAC system and roof, it stands out among other homes for sale in 38106. Conveniently located just minutes from downtown Memphis, this home offers quick access to major highways, bus lines, and local amenities—making it attractive for both homeowners and investors looking for cash flow property in Memphis TN. Whether you're searching for a turnkey home, value-add opportunity, or Memphis investment property, this one delivers space, location, and potential.

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Single Family Active

Price

$ 139,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 1,717

Style

Traditional

Lot Size

0.15

Year Built

1937

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10218020

Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Fireplaces 2
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name COLLEGE HGTS RE
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Area 748A South Memphis/Glenview
Parcel Number 026050 00011
Sale/Rent For Sale
Status Detail 0
Year Built 1937
Directions Located at 1287 S Parkway E across from Jessie Turner Park
City Memphis
DOM 0
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Interior
Dining Room 9x14
Living Room Pantry Separate Dining Room Washer/Dryer Connections
Kitchen Dimensions 9x17
Beds 4
Total Baths 2
Number of Rooms 10
Downstairs Bedrooms 2
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Exterior
Pool None
Lot 6
Lot Size Area 0.15
Lot Size 50X135
Lot Description Level
Misc. Exterior Porch
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* Excluded Features
List By
Doorstep Realty

Broker

Affordability Calculator

$1,004
Per Month
86%
14%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$143
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
3/30/2026$139,900 Listed Price

Map


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1287 S PARKWAY AVE, Memphis, TN, 38106 is a Single Family Home for sale at $139,900 with 2,909 sqft and a lot size of 0.15. 1287 S PARKWAY AVE has 4 bedrooms, 2.0 baths, and was built in 1937. The property's zip code is 38106 which is in Memphis, TN