For sale

$140,000

3094 Park Ave, Memphis, TN 38111

3beds

1,246sqft

$1,033/mo

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Single Family Residence

Built in 1940

8,276 Square Feet Lot

$132,500 Zestimate^®

$112/sqft

$-- HOA

What's special

New privacy fenceStorm doorsTwo hot water tanksSeparate laundry roomUpstairs storageWalk-in closetsCeiling fans throughout

COMMERCIAL ZONING + FLEXIBLE USE! Fully renovated property offering options for an owner-occupant, investor, or business owner. The property features 3 bedrooms, walk-in closets, a separate laundry room, upstairs storage, and ceiling fans throughout. Updates include a 3-year-old HVAC system, two hot water tanks, new privacy fence, storm doors, plus a security system with Ring cameras, window sensors, and motion detectors that remain with the property. Conveniently located near shopping, dining, universities, and major roadways. Whether you're looking for a place to live, lease, invest, or establish a business, this property offers multiple possibilities under its commercial zoning.

45 days
92
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Width: 0

Dining room

Features: Separate Dining Room
Width: 0

Kitchen

Features: Updated/Renovated Kitchen, Washer/Dryer Connections

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Gas Water Heater

Features

All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down, Smooth Ceiling, Square Feet Source: Floorplan
Flooring: Wood Laminate Floors
Doors: Storm Door(s)
Windows: Wood Frames
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,246 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Approach with Ramp

Features

Stories: 1
Patio & porch: Porch
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 8,276 Square Feet
Dimensions: 50 x 169.98/168.97
Features: Level

Details

Parcel number: 045078 00048

Construction

Type & style

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

Materials

Brick Veneer
Roof: Composition Shingles

Condition

New construction: No
Year built: 1940

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Park Ave Terrace

Location

Region: Memphis

Financial & listing details

Price per square foot: $112/sqft
Annual tax amount: $1,638
Price range: $140K - $140K
Date on market: 9/3/2026
Cumulative days on market: 103 days

Estimated market value

$132,500

$126,000 - $139,000

$1,237/mo

Price history

Date	Event	Price
9/3/2026	Listed for sale	$140,000$112/sqft
Source: MAAR #10229668 Report a problem
9/2/2026	Listing removed	$140,000$112/sqft
Source: MAAR #10221356 Report a problem
7/24/2026	Price change	$140,000-15.2%$112/sqft
Source: MAAR #10221356 Report a problem
6/18/2026	Price change	$165,000-5.7%$132/sqft
Source: MAAR #10221356 Report a problem
5/26/2026	Price change	$175,000-7.9%$140/sqft
Source: MAAR #10221356 Report a problem
5/12/2026	Listed for sale	$190,000-5%$152/sqft
Source: MAAR #10221356 Report a problem
12/5/2025	Listing removed	$200,000$161/sqft
Source: MAAR #10198247 Report a problem
6/5/2025	Listed for sale	$200,000$161/sqft
Source: MAAR #10198247 Report a problem