Description
CASH ONLY / AS-IS / RARE EAST MEMPHIS INFILL OPPORTUNITY. Unlock a rare chance to secure a nearly 1 acre property - the largest lot on Colonial between Park and Poplar. This elevated 0.88-acre parcel sits in one of East Memphis' most established and desirable areas, surrounded by condos, townhomes, and long-standing residential communities. The 1903 farmhouse is being sold AS-IS, with value primarily in the land, location, and redevelopment potential. This oversized infill site offers a rare opportunity for builders or investors to explore development of 2-4 luxury zero-lot-line homes or a boutique gated community (buyer to verify zoning, subdivision, and approvals). Large parcels of this size are increasingly scarce in East Memphis, making this a strong opportunity for new residential development in a high demand area. Convenient to the Memphis Botanic Garden, Theatre Memphis, Leftwich Tennis Center, Audubon Park, University of Memphis, shopping, dining, and major medical centers.
Details
| MLS # | 10220894 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 113 |
| Listing Provided By | Crye-Leike, Inc., REALTORS | Michelle Shaver-Simpson |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.88 |
| Property View | Level, Some Trees, Wood Fenced |
Interior
| Number Of Rooms | 8 |
|---|---|
| Cooling | Central |
| Heating | Central, Electric |
Exterior
| Security | Burglar Alarm |
|---|---|
| Lot Description | Level, Some Trees, Wood Fenced |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38117 |
| Area | Sea Isle | Park |
| Subarea | 759B |
| Community Name | `NA |
| Listing VS Median (in `NA) | |
Price: $285,000 low | high Med: $0 On site: 113 low | high Med: | |
Market Activity 38117
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38117 |
| Area | Sea Isle | Park |
| Subarea | 759B |
| Community Name | `NA |
| Listing VS Median (in `NA) | |
Price: $285,000 low | high Med: $0 On site: 113 low | high Med: | |
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