Address
287 Olmstead Ave, Memphis, TN
Price
$ 231,000
Property Attributes
- MLS#10230379
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaSouth Memphis-61 Hwy
- NeighborhoodRAYBURN AVE BLK E
- Zip38106
- Style
- Year Built1939
- Taxes$ 537
- Price$ 231,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1610
- Lot Size0.11 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Attention developers, portfolio builders, and scaling investors! This is an exceptional opportunity to acquire instant residential scale in the high-demand 38106 redevelopment corridor. Positioned strategically right off the South Third Street and South Parkway arteries, this structured package features one existing single-family residence paired with five vacant residential infill lots located at 276 Olmstead, 279 Olmstead, 278 E. Essex, 284 E. Essex & 286 E. Essex. No signs. No showings until an accepted offer is in place. Buyer to verify all information. Property is being sold as-is with no repairs by seller.
| Price History | |
|---|---|
| 9/14/2026 | Listed $231,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | RAYBURN AVE BLK E |
| Style | Other (See Remarks) |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 747B |
| Parcel Number | 035101 00005 |
| Status | Active |
| Annual City Tax | 263 |
| Annual County Tax | 274 |
| Sale/Rent | For Sale |
| Area | South Memphis/61 Hwy |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1939 |
| Directions | From S. Parkway West take exit 28B,onto S. Parkway E.,make a left onto S. Third St.,left on E. Waldorf Ave.,right on Patton St,Left on Olmstead Ave. Home is on your right. |
| City | Memphis |
| DOM | 3 |
Interior Features
| Living Room | Separate Living Room,Separate Dining Room,Separate Den,Eat-In Kitchen |
|---|---|
| Beds | 3 |
| Total Baths | 1 |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Part Carpet |
Exterior Features
| Foundation | Slab |
|---|---|
| Pool | None |
| Lot | NPTS 21 |
| Lot Size Area | 0.11 |
| Lot Size | 59X91 |
| Parking Display | No |
| Lot Description | Level,Chain Fenced |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Vinyl Siding,Wood Window(s) |
| Misc. Exterior | Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38106
Price
Taxes
Year Built
Visits
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