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About This Home

This 3-bedroom, 1-bathroom single family at 3094 PARK Ave in Memphis, TN is listed for $165,000 ($132 per sqft). Built in 1940, the home offers 1,246 sqft of living space on a 0.19 acres lot.

Agent Description

COMMERCIAL ZONING + ENDLESS POTENTIAL! This fully renovated property offers a unique opportunity for investors, entrepreneurs, or owner-occupants seeking flexibility and long-term value. Inside features 3 bedrooms, walk-in closets, a separate laundry room, upstairs storage, and ceiling fans throughout.

Major updates include an HVAC system only 3 years old, two hot water tanks, a new privacy fence, storm doors, and 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, this property offers strong visibility, accessibility, and potential investment. Live in it, lease it, or launch your business, the possibilities are endless!

Key Features

  • Built in 1940
  • 0.19 acre lot

Property Details

1 story
1 full
1940

Amenities

A/C

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

3094 PARK Ave

Memphis, TN 38111

PARK AVE TERRACE

Features & Amenities

Exterior Features

Wrought Iron Security DrsPorchWood Fence

Property Details

Flooring

Smooth ceilingLaminate

Pool Features

Porch

Parking

Driveway

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3094 PARK Ave is listed at $165,000 ($132/sqft). The estimated monthly payment is $715 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.19 acre lot. Exterior Features: Wrought Iron Security Drs, Porch, Wood Fence.

This property is listed by Katrina Smith and can be reached at 9017017094 or katrina-smith@kw.com.

KS

Katrina Smith

Agent at Keller Williams

(901) 701-7094

Listed by Keller Williams · View on Broker Site

MLS# 10221356· Source: listhub· Updated 46 days ago

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3094 PARK Ave, Memphis, TN 38111

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