Price Reduction
Address
2986 Lake Park Rd, Memphis, TN
Price
$ 129,900
Property Attributes
  • MLS#10228626
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaFrayser - North
  • NeighborhoodSCHOOLFIELD ST ELMO
  • Zip38127
  • StyleTraditional
  • Year Built1988
  • Taxes$ 1099
  • Price$ 129,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1026
  • Lot Size0.15 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Newly renovated Turnkey property from 2025 being professionally managed by Reedy and Company Realtor's who would like to continue management. 1 year old HVAC, Water heater, Roof less than 8 years old. Over $45,000 worth of renovations completed in 2025. Detailed renovation scope available upon request. Email Mark@memphisinvestmentproperties and Alex@memphisinvestmentproperties for more information.

Price History
8/18/2026 Listed $135,900
9/15/2026 5$129,900

General Features

Heating Central
Cooling Central
Roof Composition Shingles
Status Active
Full Baths 1
Half Baths 1
Legal Subdivision Name SCHOOLFIELD-ST ELMO
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 725F
Parcel Number 072121 A00026
Status Active
Annual City Tax 538
Annual County Tax 561
Sale/Rent For Sale
Area Frayser - North
Service Type Full Service Listing
Neighborhood Association None
Year Built 1988
Directions From Frayser Blvd go north on Schoolfield Rd,turn right on Lake Park Rd,house is on the left
City Memphis
DOM 30

Interior Features

Living Room Updated/Renovated Kitchen
Beds 3
Total Baths 1.1
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Wood Laminate Floors

Exterior Features

Foundation Slab
Pool None
Lot 25
Lot Size Area 0.15
Water & Sewer Public Sewer,Public Water
Lot Size 60X110
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Wood/Composition
Misc. Exterior Wrought Iron Security Drs

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 38127

Price
AVG $110K
$130K
Taxes
AVG $1,046
$1,099
Year Built
AVG 1963
1988
Visits
AVG 63
34
Data Provided by Inside Real Estate®