306 S PARKWAY AVE E new Save Request In-Person Tour Request Virtual Tour
Memphis,TN 38106
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Palmer Realty Co
MLS Listing ID 10209543
Style Traditional
Bedrooms 4
Full Baths 2
Half Baths 1
Year Built 1908
Annual Tax Amount $1,154
Lot Size 7,405 Sqft
Property Sub-Type Detached Single Family
Property Description
This spacious 4-bedroom, 2.5-bath home with over 1,700 sqft was completely taken down to the studs and rebuilt from the ground up, including new electrical, plumbing, roof, flooring, and more! With rental comps starting at $1,550+ per month, this property offers strong cash flow potential and excellent long-term returns for investors looking to expand their portfolio. The home features an open-concept living area, a separate laundry room, and ample parking with a long driveway, front parking, and a large rear parking area perfect for large families, work vehicles, or trailers. The heavy lifting is done—only a few finishing touches remain. Seller is flexible and will sell as-is or complete the remaining work, giving buyers the choice to finish the project with their own touches or have it delivered as a turnkey property!
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Other Rooms Laundry Room
Master Bedroom 12x13
Bedroom 2 13x12 Carpet,Level 1,Smooth Ceiling
Bedroom 3 12x11 Carpet,Level 1,Smooth Ceiling
Bedroom 4 12x12 Carpet,Level 1,Smooth Ceiling
Dining Room 14x13
Kitchen Pantry,Updated/Renovated Kitchen,Vinyl/Luxury Vinyl Floor
Interior
Heating Electric
Cooling Central
Flooring 9 or more Ft. Ceiling,Smooth Ceiling
Exterior
Exterior Feature Brick Veneer,Double Pane Window(s)
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Private Pool Yes
Building
Lot Description Level
Story 1
Foundation Conventional
Sewer Public Sewer
Water Public Water
Others
Miscellaneous Porch