For sale

Price cut: $26K (5/26)

$199,000

1587 N Pkwy, Memphis, TN 38112

4beds

2,854sqft

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Single Family Residence

Built in 1930

10,018 Square Feet Lot

$189,300 Zestimate^®

$70/sqft

$-- HOA

What's special

Functional layoutClassic memphis character throughoutNatural lightOff-street parkingManageable lotSolid flooring

Well-located Midtown property positioned along N Parkway with quick access to Overton Park, Crosstown Concourse, and Downtown. This home offers strong rental appeal with 4 bedrooms and 4 bathrooms, a functional layout, and classic Memphis character throughout. Interior features include spacious living areas, solid flooring, and natural light, creating a comfortable and practical living environment for tenants. The property sits on a manageable lot with off-street parking and easy access to major thoroughfares. Located in a high-demand rental corridor with proximity to major employers, dining, and entertainment, this is a solid opportunity for investors looking to add a stabilized asset in Midtown. Property is tenant-occupied. Do not disturb tenant.

114 days

203

21

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Width: 0

Dining room

Width: 0

Kitchen

Features: Updated/Renovated Kitchen

Living room

Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Features

Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood
Has fireplace: No

Interior area

Total interior livable area: 2,854 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Levels: Multi/Split
Stories: 2
Patio & porch: Porch
Pool features: None

Lot

Size: 10,018 Square Feet
Dimensions: 64 x 155
Features: Level

Details

Parcel number: 020040 00013

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood/Composition

Condition

New construction: No
Year built: 1930

Community & HOA

Community

Subdivision: Woodland

Location

Region: Memphis

Financial & listing details

Price per square foot: $70/sqft
Annual tax amount: $6,899
Price range: $199K - $199K
Date on market: 3/27/2026
Cumulative days on market: 114 days

Estimated market value

$189,300

$180,000 - $199,000

$2,211/mo

Price history

Date	Event	Price
5/26/2026	Price change	$199,000-11.6%$70/sqft
Source: MAAR #10217823 Report a problem
3/27/2026	Listed for sale	$225,000+17.6%$79/sqft
Source: MAAR #10217823 Report a problem
4/27/2016	Sold	$191,250$67/sqft
Source: MAAR #9973401 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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