790 Colonial Rd

Memphis, TN
$ 285,000 Beds 4 Baths 1.5 Sq 2,493
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 285,000
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Sea Isle-Park
  • Lot Size
  • 0.88 Acres
  • Zip
  • 38117
  • Sqr Footage
  • 2,493
  • Year Built
  • 1903
  • Taxes
  • $ 4185
  • Style
  • MLS#
  • 10220894
Listed By: Crye-Leike, Inc., REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central,Electric
Cooling Central
Status Active
Full Baths 1
Half Baths 1
Legal Subdivision Name NA
Style Other (See Remarks)
Stories Count 1.1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 759B
Parcel Number 065034 00024
Status Active
Annual City Tax 2049
Annual County Tax 2136
Sale/Rent For Sale
Area Sea Isle/Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1903
Directions East on Poplar,turn Right on Colonial. House will be on the left. OR East on Park,turn Left on Colonial. House will be on the right.
City Memphis
DOM 142

Interior Features

Living Room Separate Living Room,Separate Dining Room,Separate Den,W/D Connection in Kitchen,Vinyl/Luxury Vinyl Floor
Beds 4
Total Baths 1.1
Number of Rooms 8
FLOORS/CEILINGS Hardwood Throughout,Vinyl/Luxury Vinyl Floor,9 or more Ft. Ceiling

Exterior Features

Pool None
Lot Size Area 0.88
Lot Size 200X193
Parking Display C2A
Lot Description Some Trees,Level,Wood Fenced
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Wood/Composition,Wood Window(s),Storm Window(s),Storm Door(s)
Misc. Exterior Porch,Wood Fence,Sidewalks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/6/2026 Listed $325,000
5/16/2026 13% - $285,000

Property vs Zip Code Average in 38117

Price
AVG $380K
$290K
Taxes
AVG $6,429
$4,185
Year Built
AVG 1960
1903
Visits
AVG 78
99
Data Provided by Inside Real Estate®

790 Colonial Rd Memphis, TN is a Single Family Home for sale at $285000 with 2493 sqft and a lot size of 0.88 Acres Acre(s). 790 Colonial Rd Memphis has 4 bedrooms, 1 baths and was built in 1903. The property's zip code is 38117 which is in Memphis, TN

*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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.