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.
For sale
Price cut: $8K (8/18)
$245,000
5255 Memphis Street Bldg 7 #702, Denver, CO 80239
2beds
925sqft
Condominium
Built in 2002
-- sqft lot
$244,800 Zestimate®
$265/sqft
$364/mo HOA
What's special
- 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#: 3320928
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
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $245,000-3.2%$265/sqft |
Source: | ||
| 6/2/2026 | Price change | $253,000-1.7%$274/sqft |
Source: | ||
| 4/9/2026 | Listed for sale | $257,500+15.5%$278/sqft |
Source: | ||
| 8/6/2020 | Sold | $223,000$241/sqft |
Source: | ||
| 7/6/2020 | Listed for sale | $223,000$241/sqft |
Source: Keller Williams-Preferred Rlty #914985 Report a problem | ||
| 7/6/2020 | Pending sale | $223,000$241/sqft |
Source: Keller Williams-Preferred Rlty #914985 Report a problem | ||
| 6/12/2020 | Listed 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Gateway - Green Valley Ranch
Nearby schools
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.








