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 | 10 |
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
Copyright © 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
