5255 Memphis Street # 702 Denver, CO ^$ 245,000

5255 Memphis Street # 702

^$ 245,000

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5255 Memphis Street # 702

Denver, CO, 80239

^$ 245,000

Bedrooms2 Baths1.1 Sq 925

Monthly Estimate*

^$ 1,547

Listed by Corcoran Perry & Co.

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Condo for sale in Denver, CO

for $245,000 with 2 bedrooms and 1 full bath, 1 half bath. This 925 square foot condo was built in 2002 on a lot size of 15.

This unit comes with something most listings can't offer right now: an assumable FHA loan at 4%. That's a real number, not a teaser rate, and it transfers to a qualified buyer who plans to live here — a meaningful edge in this rate environment. Buyer is subject to lender approval and qualification requirements. Ground-floor 2-bedroom, 2-bath condo in northeast Denver's Trails at Parkfield Lake community. 925 square feet that lives larger than it measures. Hard surface floors throughout — no carpet to replace or clean. The primary bedroom fits a king with room to spare. The second bedroom is non-conforming, working equally well as an office, guest room, or creative space. In-unit washer and dryer. One assigned parking space. Location holds its own. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth, and the VA are all an easy commute southwest — matters if you work at any of them. Outside, Parkfield Lake Park is right there: walking paths and open space in a location that feels residential despite how connected it is. Community pool. Dining and shopping along Peña and Tower Road cover the day-to-day. Strong fit for a first-time buyer looking for a smart entry point, a healthcare worker, or a frequent traveler who wants this location and a payment most buyers can't touch right now.

Condo Active

Price

^$ 245,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 1,242

Style

Contemporary

Lot Size

Year Built

2002

Town/City

Denver

County/Region

Denver

MLS | Web ID

3320928

Features

Interior

Interior Amenities Built-in Features Ceiling Fan(s) No Stairs Pantry Primary Suite

Flooring Laminate Tile

Furnished Y/N Unfurnished

Common Walls 2+ Common Walls

Basement (Y/N) N

Window Features Window Coverings

Above Grade Finished Area 925

Half Baths 1

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 2

Entry Level 1

Main Level Bedrooms 2

Main Level Bathrooms 2

Total Baths 2

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Central Air

Utilities Cable Available Electricity Connected Internet Access (Wired) Natural Gas Connected

Possession Closing/DOD

Roof Composition

Appliances Dishwasher Dryer Microwave Range Refrigerator Washer

Zoning PUD

HOA Fee 364

Garage Spaces 0

Association Fee Includes Maintenance Grounds Maintenance Structure Recycling Sewer Snow Removal Trash Water

Patio/Porch Features Covered

Architectural Style Contemporary

Pool Features Outdoor Pool

Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Video Doorbell

Construction Materials Frame

Exclusions None

Pets Allowed Yes

Year Built 2002

Levels Three Or More

Unit Number 702

Property Subtype Condominium

Tax Year 2024

Ownership Individual

Accessibility Accessible Approach with Ramp

Assoc Fee Paid Per Monthly

County Denver

Property Type Residential

Association Amenities Clubhouse Fitness Center Pool Trail(s)

HOA Y

Attached Garage N

Subdivision Name Trails at Parkfield Lake

Facing Direction South

Full Baths 1

Status Active

High School KIPP Denver Collegiate High School

City Denver

Association Name Trails at Parkfield Lake

Entry Location Exterior Access

Senior Community Y/N N

High School District Denver 1

Lot Size Units Acres

Lot Size Square Feet 653400

Carport Spaces 0

Listing Terms Cash Conventional FHA Qualified Assumption VA Loan

Elementary School Lena Archuleta

Tax Annual Amount 1242

Middle/Junior High School Dr. Martin Luther King

Structure Type Low Rise (1-3)

Standard Status Active

Occupancy Type Owner

Middle/Junior School District Denver 1

Elementary School District Denver 1

Exterior

Exterior Amenities Balcony

Fencing None

Parking Features Asphalt

Water Source Public

Total Parking 1

Lot Size Area 15

Building Area Total 925

Lot Size Acres 15

Road Surface Type Paved

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 5255

* Excluded Features

List By

Corcoran Perry & Co.

Broker

(303) 638-1633

Phone

Affordability Calculator

$1,650

Per Month

Monthly Principal & Interest: $1,547
Monthly Property Taxes: $104
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Condo listings in Denver, CO

Average List Price ^$496,886

Percent of Sale Price 103%

About Denver, CO

24,748 Population

9% Since 2002

^$36,940 Median Income

38.83 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3043171 Elementary School

2073944 Middle School

KIPP Denver Collegiate High School High School

Pricing History

Date	Price	Price Change	Description
8/18/2026	$245,000	-3.16%	Price Down
6/2/2026	$253,000	-1.75%	Price Down
4/8/2026	$257,500		Listed Price

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5255 Memphis Street # 702, Denver, CO, 80239 is a Condo for sale at $245,000 with 925 sqft and a lot size of 15. 5255 Memphis Street # 702 has 2 bedrooms, 1.1 baths, and was built in 2002. The property's zip code is 80239 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 9/4/2026.

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5255 Memphis Street # 702

Condo for sale in Denver, CO

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