For sale

$285,000

790 Colonial Rd, Memphis, TN 38117

4beds

2,493sqft

$1,984/mo

Get pre-qualified

Single Family Residence

Built in 1903

0.88 Acres Lot

$269,000 Zestimate^®

$114/sqft

$-- HOA

What's special

Oversized infill site

CASH ONLY / AS-IS / RARE EAST MEMPHIS INFILL OPPORTUNITY. Unlock a rare chance to secure a nearly 1 acre property - the largest lot on Colonial between Park and Poplar. This elevated 0.88-acre parcel sits in one of East Memphis' most established and desirable areas, surrounded by condos, townhomes, and long-standing residential communities. The 1903 farmhouse is being sold AS-IS, with value primarily in the land, location, and redevelopment potential. This oversized infill site offers a rare opportunity for builders or investors to explore development of 2-4 luxury zero-lot-line homes or a boutique gated community (buyer to verify zoning, subdivision, and approvals). Large parcels of this size are increasingly scarce in East Memphis, making this a strong opportunity for new residential development in a high demand area. Convenient to the Memphis Botanic Garden, Theatre Memphis, Leftwich Tennis Center, Audubon Park, University of Memphis, shopping, dining, and major medical centers.

138 days
276
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Kitchen

Features: W/D Connection in Kitchen

Living room

Features: Separate Den, Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central, Electric

Cooling

Central Air

Features

Full Bath Down, Half Bath Down, Primary Down, High Ceilings, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood, Vinyl
Doors: Storm Door(s)
Windows: Storm Window(s), Wood Frames
Has fireplace: No

Interior area

Total interior livable area: 2,493 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1.1
Patio & porch: Porch
Exterior features: Sidewalks
Pool features: None
Fencing: Wood,Wood Fence

Lot

Size: 0.88 Acres
Dimensions: 200 x 193
Features: Level, Some Trees

Details

Parcel number: 065034 00024

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Materials

Wood/Composition

Condition

New construction: No
Year built: 1903

Community & HOA

Community

Security: Burglar Alarm

Location

Region: Memphis

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $317,600
Annual tax amount: $4,185
Price range: $285K - $285K
Date on market: 5/6/2026
Cumulative days on market: 139 days
Listing terms: Other (See REMARKS)

Estimated market value

$269,000

$256,000 - $282,000

$2,231/mo

Price history

Date	Event	Price
5/16/2026	Price change	$285,000-12.3%$114/sqft
Source: MAAR #10220894 Report a problem
5/6/2026	Listed for sale	$325,000+282.4%$130/sqft
Source: MAAR #10220894 Report a problem
7/31/1992	Sold	$85,000$34/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,185 -8.1%	$79,400 +14.8%
2024	$4,554 +8.1%	$69,150
2023	$4,212	$69,150
2022	--	$69,150
2021	--	$69,150 +70.4%
2020	$1,297	$40,575
2019	$1,297 -21.1%	$40,575
2018	$1,643 -45.1%	$40,575
2017	$2,995 +86.8%	$40,575 -13.9%
2016	$1,603 +11.5%	$47,150
2014	$1,437	$47,150
2013	--	$47,150 +4.6%
2012	--	$45,075
2011	--	$45,075
2010	--	$45,075
2009	--	$45,075 +22%
2008	--	$36,950
2007	--	$36,950
2006	--	$36,950
2005	--	$36,950 +21.9%
2004	--	$30,300
2003	--	$30,300
2002	--	$30,300
2001	--	$30,300 +12.8%
2000	--	$26,850