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For sale
  • Price cut: $8K (8/18)
    $245,000

    5255 Memphis Street Bldg 7 #702, Denver, CO 80239

    2beds
    925sqft
    : 
    $1,964/mo
    Get pre-qualified
    Condominium
    Built in 2002
    -- sqft lot
    $244,800 Zestimate®
    $265/sqft
    $364/mo HOA

    What's special

    This unit comes with something most listings can't offer right now: an assumable FHA loan at 4%. That's a real number, not a teaser rate, and it transfers to a qualified buyer who plans to live here — a meaningful edge in this rate environment. Buyer is subject to lender approval and qualification requirements. Ground-floor 2-bedroom, 2-bath condo in northeast Denver's Trails at Parkfield Lake community. 925 square feet that lives larger than it measures. Hard surface floors throughout — no carpet to replace or clean. The primary bedroom fits a king with room to spare. The second bedroom is non-conforming, working equally well as an office, guest room, or creative space. In-unit washer and dryer. One assigned parking space. Location holds its own. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth, and the VA are all an easy commute southwest — matters if you work at any of them. Outside, Parkfield Lake Park is right there: walking paths and open space in a location that feels residential despite how connected it is. Community pool. Dining and shopping along Peña and Tower Road cover the day-to-day. Strong fit for a first-time buyer looking for a smart entry point, a healthcare worker, or a frequent traveler who wants this location and a payment most buyers can't touch right now.
    145 days
    260
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Trampler 303-638-1633 btrampler@corcoranperry.com,

    Corcoran Perry & Co.

    Source: REcolorado as distributed by MLS GRID,MLS#: 3320928MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Bedroom
      • Description: Primary Has En Suite Bathroom
      • Features: Primary Suite
      • Level: Main
      Bedroom
      • Description: Non Conforming, Used As An Office
      • Level: Main
      Bathroom
      • Features: En Suite Bathroom, Primary Suite
      • Level: Main
      Bathroom
      • Level: Main
      Kitchen
      • Description: Reach Through From Dining Area To Kitchen, Counter Can Be Used As Additional Eating Space
      • Level: Main
      Laundry
      • Description: In Unit, Between Kitchen And 1/2 Bath
      • Level: Main
      Living room
      • Description: Access The Outdoor Area Via Sliding Glass Door
      • Level: Main
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Built-in Features, Ceiling Fan(s), No Stairs, Pantry, Primary Suite
      • Flooring: Laminate, Tile
      • Windows: Window Coverings
      • Has basement: No
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 925
      • Total interior livable area: 925 sqft
      • Finished area above ground: 925

      Property

      Parking
      • Total spaces: 1
      • Parking features: Asphalt
      • Details: Off Street Spaces: 1
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: Three Or More
      • Entry location: Exterior Access
      • Patio & porch: Covered
      • Exterior features: Balcony
      • Pool features: Outdoor Pool
      • Fencing: None
      Lot
      • Size: 15 Acres
      Details
      • Parcel number: 17404029
      • Zoning: PUD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Frame
      • Roof: Composition
      Condition
      • Year built: 2002

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell
      • Subdivision: Trails At Parkfield Lake
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Pool, Trail(s)
      • Services included: Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
      • HOA fee: $364 monthly
      • HOA name: Trails at Parkfield Lake
      • HOA phone: 855-289-6007
      Location
      • Region: Denver

      Financial & listing details

      • Price per square foot: $265/sqft
      • Annual tax amount: $1,242
      • Date on market: 4/9/2026
      • Listing terms: Cash,Conventional,FHA,Assumable,VA Loan
      • Exclusions: None
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $244,800

        $233,000 - $257,000

        $1,845/mo

        Price history

        DateEventPrice
        8/18/2026Price change$245,000-3.2%$265/sqft
        Source: REcolorado as distributed by MLS GRID #3320928 Report a problem
        6/2/2026Price change$253,000-1.7%$274/sqft
        Source: REcolorado as distributed by MLS GRID #3320928 Report a problem
        4/9/2026Listed for sale$257,500+15.5%$278/sqft
        Source: REcolorado as distributed by MLS GRID #3320928 Report a problem
        8/6/2020Sold$223,000$241/sqft
        Source: IRES as distributed by MLS GRID #914985 Report a problem
        7/6/2020Listed for sale$223,000$241/sqft
        Source: Keller Williams-Preferred Rlty #914985 Report a problem
        7/6/2020Pending sale$223,000$241/sqft
        Source: Keller Williams-Preferred Rlty #914985 Report a problem
        6/12/2020Listed for sale$223,000$241/sqft
        Source: Keller Williams-Preferred Rlty #914985 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gateway - Green Valley Ranch

        Getting around

        30 / 100
        Car-Dependent
        34 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lena Archuleta
        • Middle: Dr. Martin Luther King
        • High: KIPP Denver Collegiate High School
        • District: Denver 1

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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