by Lee Lin

See Home Value
$299,000
● House - Off Market

615 E Parkway S

Memphis, TN 38104
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,985 Ft²
$1,879
Est. Monthly

About This Property

Prime location with unbeatable convenience! Right across from Cristian Brother University, Rhodes College and University of Memphis.  Situated in a highly accessible area, this property offers quick access to downtown, major highways, shopping, dining, and everyday essentials. Enjoy being just minutes from popular local spots, schools, and parks while still having the comfort of a residential setting. Whether you're commuting for work or looking to stay close to the heart of the city, this location delivers. Perfect opportunity for homeowners or investors seeking strong rental potential in a desirable and well-connected area. Location, value, and convenience all in one-don't miss out!

Situated on a picturesque tree-lined street, this home is just steps away from the lively Cooper Young and Overton Square. The property includes a new roof, New heating and air conditioning unit, custom real hardwood floors,  energy saving appliances and custom  windows, set on a 0.53-acre lot. With its unique character and desirable location, this home is an ideal choice for those seeking a blend of a spacious home and convenience.

Currently Generating 3 to 4000 a month on airbnb.
Unit Size
1,985 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$151
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1946

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Last updated: 4 months ago (Realtracs #RTC3170966)

Price History

Date / Event Date Event Price
Jul 26, 2026 Temporarily off market -
Temporarily off market
Jul 10, 2026 In contract -
In contract
May 29, 2026 Price Increased $324,000
↑ $25K (8.4%)
Price Increased
May 29, 2026 No longer available -
No longer available
Apr 9, 2026 Listed by The Agency Nashville, LLC $299,000
Listed by The Agency Nashville, LLC
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 125
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,330
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,035
  • Gross Building Area: 3,035
  • Building Area: 3,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,035
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPEEDWAY CENTRAL
  • Land Acres: 0000000536
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: WS E PARKWAY S 19.18 FT S OF NC & S+L RR PART OF LOT 15 SEE MAP H-14 (TILE# 358)

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006600

Zoning

  • Zoning: RU-3

Geography

  • District: O
  • Parcel: 02-8036-0-0003C
  • Lot: 14
  • Municipality: MEMPHIS
  • Latitude: 35.1288
  • Longitude: -89.9846

    Address

  • Full Address: 615 E Parkway S
  • Address - House Number: 615
  • Street Segment Direction: S
  • Street Direction: E
  • Address - Street Name: Parkway
  • State: TN
  • City Name: Memphis
  • Carrier Code: C030
  • 4-Digit Zip Code: 5510
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,045
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 368,857
  • High Value: 408,918
  • Low Value: 328,796

    Market Valuation

  • Market Total Value: $298,800
  • Market Land Value: $83,200
  • Market Improvement Value: $215,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,700
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $53,900

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21079279
  • Previous Sale Recording Date: Jul 01, 2015
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 615 E Parkway South built and last sold?
The property at 615 E Parkway South was built in 1946 and last sold on Jun 22, 2021 for $196,000.
How much is this home worth?
The estimated value of the home located at 615 E Parkway South is $300,645.
What are some comparable homes to 615 E Parkway South?
There are currently no comparable homes to 615 E Parkway South.