123 S Parkway Ave E

Memphis, TN
$ 65,000 Beds 2 Baths 1 Sq 1,120
Monthly Estimate* How much can I afford?

Great Investment Opportunity to add to your rental portfolio. Previously rented for $1,000. Selling AS IS, Preferable Cash Only or Conventional Financing. No Wholesale/Assignment Contracts. Some repairs are needed but mostly cosmetic, hot water heater 4 years old per owner. No Blind Offers, please view property prior to making an offer.

Single Family

  • Price
  • $ 65,000
  • City
  • Memphis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • South Memphis-61 Hwy
  • Lot Size
  • 0.29 Acres
  • Zip
  • 38106
  • Sqr Footage
  • 1,120
  • Year Built
  • 1948
  • Taxes
  • $ 625
  • Style
  • Traditional
  • MLS#
  • 10227667
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central,Floor Furnace
Cooling Ceiling Fan(s),Window Unit(s)
Roof Composition Shingles
Fireplaces 1
Status Active
Full Baths 1
Other Rooms Laundry Room
Legal Subdivision Name SOUTH PARKWAY TEXAS ST
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747A
Parcel Number 035083 00019
Status Active
Annual City Tax 306
Annual County Tax 319
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1948
Directions From I-240 N/Little Rock,take Exit 28B for S Pkwy W,home will be on the Left.
City Memphis
DOM 51

Interior Features

Living Room LR/DR Combination
Beds 2
Total Baths 1
Fireplace Masonry,Presently Inoperative,In Den/Great Room
Number of Rooms 5
Downstairs Bedrooms 2
MISC. INTERIOR All Window Treatments
FLOORS/CEILINGS Part Hardwood,Tile,Vinyl/Luxury Vinyl Floor
INTERIOR EQUIPMENT Range/Oven,Gas Cooking
BEDROOM 2 DESCRIPTION Level 1,Hardwood Floor

Exterior Features

Foundation Conventional
Pool None
Lot 16
Lot Size Area 0.29
Water & Sewer Public Sewer,Public Water
Lot Size 87X150
Parking Display C1A
Lot Description Some Trees,Level,Chain Fenced
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Wood/Composition,Wood Window(s)
Misc. Exterior Wrought Iron Security Drs,Porch,Chain Fence

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

8/5/2026 Listed $70,000
8/29/2026 8% - $65,000

Property vs Zip Code Average in 38106

Price
AVG $90K
$70K
Taxes
AVG $1,234
$625
Year Built
AVG 1950
1948
Visits
AVG 72
25
Data Provided by Inside Real Estate®

123 S Parkway Ave E Memphis, TN is a Single Family Home for sale at $65000 with 1120 sqft and a lot size of 0.29 Acres Acre(s). 123 S Parkway Ave E Memphis has 2 bedrooms, 1 baths and was built in 1948. The property's zip code is 38106 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.