Pending

$134,900

1287 S Parkway Ave, Memphis, TN 38106

4beds

2,909sqft

$929/mo

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Single Family Residence

Built in 1937

6,534 Square Feet Lot

$-- Zestimate^®

$46/sqft

$-- HOA

What's special

Updated water heater

Welcome to 1287 S Parkway in Memphis, TN 38106—a spacious 4-bedroom home in South Memphis offering 2,900 plus square feet of living space. This large Memphis home is perfect for buyers seeking affordable housing in Memphis, multi-generational living, or a strong investment property opportunity. Featuring a flexible layout with generously sized rooms, this property is ideal for a large family home, rental property, or fix-and-flip investment. With its size and bedroom count, updated water heater, HVAC system and roof, it stands out among other homes for sale in 38106. Conveniently located just minutes from downtown Memphis, this home offers quick access to major highways, bus lines, and local amenities—making it attractive for both homeowners and investors looking for cash flow property in Memphis TN. Whether you're searching for a turnkey home, value-add opportunity, or Memphis investment property, this one delivers space, location, and potential.

127 days

37

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 154
Dimensions: 11 x 14

Bedroom 2

Level: First
Area: 132
Dimensions: 12 x 11

Bedroom 3

Level: Second
Area: 132
Dimensions: 12 x 11

Bedroom 4

Level: Second
Area: 110
Dimensions: 11 x 10

Dining room

Features: Separate Dining Room
Area: 126
Dimensions: 14 x 9

Kitchen

Features: Pantry, Washer/Dryer Connections
Area: 153
Dimensions: 17 x 9

Living room

Area: 238
Dimensions: 14 x 17

Den

Area: 176
Dimensions: 11 x 16

Heating

Central

Cooling

Central Air

Appliances

Included: Range/Oven

Features

1 or More BR Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Tile
Windows: Wood Frames
Number of fireplaces: 2

Interior area

Total interior livable area: 2,909 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 50 x 135
Features: Level

Details

Parcel number: 026050 00011

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Roof: Composition Shingles

Condition

New construction: No
Year built: 1937

Community & HOA

Community

Subdivision: College Hgts Re

Location

Region: Memphis

Financial & listing details

Price per square foot: $46/sqft
Annual tax amount: $1,717
Price range: $134.9K - $134.9K
Date on market: 3/30/2026
Cumulative days on market: 113 days

Estimated market value

Not available

Estimated sales range

Not available

$2,338/mo

Price history

Date	Event	Price
6/11/2026	Pending sale	$134,900$46/sqft
Source: MAAR #10218020 Report a problem
5/4/2026	Price change	$134,900-3.6%$46/sqft
Source: MAAR #10218020 Report a problem
3/30/2026	Listed for sale	$139,900$48/sqft
Source: MAAR #10218020 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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