790 Colonial Rd, Memphis, TN 38117

$285,000
4
BD
1.1
BA

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List Price
$285,000
Status
ACTIVE
Days on Market
149
Price Change
▼ $40,000 1778907848
MLS#
10220894
Style
Other (See Remarks)
Year Built
1903
Bedrooms
4
Bathrooms
1.1
Full Baths
1
Half Baths
1
Lot Size
200X193
Acres
0.88
Subdivision
`NA

Property Description

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.

Additional Information

Property Description
Other (See Remarks)
Heating
Central, Electric
Air Conditioning
Central
Exterior Features
Porch, Wood Fence, Sidewalks
Stories
1.1

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Listing courtesy of Crye-Leike, Inc., REALTORS.

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