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550 S PARKWAY AVE E Memphis, TN $ 140,000
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$ 140,000 Get more info
550 S PARKWAY AVE E
$ 140,000
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550 S PARKWAY AVE E

Memphis, TN, 38106
$ 140,000
Bedrooms4 Baths1.0 Sq 1,774

Monthly Estimate*

$ 884

550 S PARKWAY AVE E, Memphis, TN 38106 - Image 1

Single Family Home for sale in Memphis, TN

for $140,000 with 4 bedrooms and 1 full bath. This 1,774 square foot home was built in 1912.

Cash-flowing investment opportunity in Memphis. This brick home is leased at $1,700/month through March 2027 and is professionally managed, so you collect income from day one. The brick exterior means lower long-term maintenance and less capital expense. A strong fit for an investor who wants a hands-off rental with steady income. No showings without an accepted offer. No seller/creative financing.

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Single Family Active

Price

$ 140,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 390

Style

Traditional

Year Built

1912

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10231390
Features
General
Heating Central
Cooling Other (See REMARKS)
Roof Composition Shingles
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name Barbour Blk B
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747B South Memphis/61 Hwy
Parcel Number 025060 00025
Sale/Rent For Sale
Status Detail 0
Year Built 1912
Directions From Downtown Memphis take S Main St south then turn left onto E McLemore Ave. Continue to S Parkway E then turn right. Continue to 550 S Parkway E. The property will be on your right.
City Memphis
DOM 1
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Interior
Dining Room 0
Living Room Separate Living Room
Beds 4
Total Baths 1
Number of Rooms 5
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Exterior
Foundation Conventional
Pool None
Lot Size 55X143
Lot Description Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$916
Per Month
96%
4%
0%
Monthly Principal & Interest
$884
Monthly Property Taxes
$33
Monthly 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
460623 Elementary School
460624 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/30/2026$140,000 Listed Price

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550 S PARKWAY AVE E, Memphis, TN, 38106 is a Single Family Home for sale at $140,000 with 1,774 sqft. 550 S PARKWAY AVE E has 4 bedrooms, 1.0 baths, and was built in 1912. The property's zip code is 38106 which is in Memphis, TN

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