Beautiful park-like setting at 4827 Princeton Rd. in East Memphis. Home and pool are sold in as-is condition. House is most likely a tear-down. Perfect opportunity to renovate, build, or subdivide. A rare find with great potential in a serene location. Property owned by First Horizon bank. Sold AS IS. Lot dimensions are approximate.
Avon, located between Summer Avenue and I-40, is a residential and light-industrial Memphis neighborhood with modest mid-century blocks and rail-adjacent corridors. The neighborhood’s character concentrates around the Summer Ave corridor near White Station Road, where auto shops, taquerias, and small storefronts set a workday rhythm. Housing reads as practical—brick ranches, compact cottages, and small apartment courts—on wide streets with mature trees. Nearby, the Summer Avenue corridor links daily errands with long-standing local food counters. The area’s geography feels defined by major arterials and warehouse pockets, giving it a straightforward, utilitarian tone. Cultural touchpoints in the orbit include Crosstown Concourse, the Memphis Brooks Museum of Art, and the Memphis Zoo.
Provided by Walk Score and Local Logic
Offer insights
4827 Princeton Rd · $350,000
$350K and above
75% chance or better to win
Why $350K+ is a strong offer
DAYS ON MARKET
58 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
One fireplace
Eight total rooms
1.5 stories
All bedrooms are on the ground level
Separate living room
Bedrooms
Four bedrooms (all on the lower/main level)
Bathrooms
Four full bathrooms
Flooring
Floors/ceilings: other (see remarks)
Heating & cooling
Heating: other (see remarks)
Cooling: other (see remarks)
Exterior features
Inground pool
Some trees
Level yard
Lot approximately 1.36 acres
Home design
Detached single-family home
Traditional style
Built in 1937
Existing property
Parking
Three covered parking spaces
Additional parking/storage: other (see remarks)
Construction
Year built 1937
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10225764
Jul 9, 2026
Listed
$350,000
Memphis Area Association of Realtors(R) MLS #9951365
Jul 23, 2015
Sold
$370,000
May 6, 2015
Listed
$389,500
+7
Memphis Area Association of Realtors(R) MLS #3193693
Jun 28, 2010
Sold
$307,500
Mar 15, 2010
Listed
$350,000
+7
One of the original homes in the area, on breathtaking 1+ acre lot with pool by Ogden. Unusual floor plan, anchored by vaulted & beamed great room with huge wood burning fireplace. 4 baths, several BRs, remodeled kitchen. One of a kind, & oh, so charming!
Year
Property tax
Land + Additions
Assessment*
2025
$7,583 (−2.8%)
$65,650 + $78,225
$143,875
2024
$7,805 (+8.1%)
$65,650 + $78,225
$143,875
2023
$7,220
$65,650 + $52,875
$118,525
2022
$7,220 (−1.2%)
$65,650 + $52,875
$118,525
2021
$7,305 (+10.5%)
$65,650 + $52,875
$118,525
2020
$6,608
$65,650 + $52,875
$118,525
2019
$6,608
$65,650 + $25,550
$91,200
2018
$6,608 (+76.3%)
$65,650 + $25,550
$91,200
2017
$3,748 (+12.3%)
$65,650 + $25,550
$91,200
2016
$3,339
$65,650 + $25,550
$91,200
2014
$3,339
$49,800 + $26,625
$76,425
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
1.2
Lot width
203 ft.
Lot depth
405 ft.
Lot size
1.13 Acres
Year renovated
—
Finished Sq. Ft.
2,846
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,846
Year built
1937
Style
Single Family Residential
County
Shelby County
APN
055064 00088
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-10
Residential Single-Family-10 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
90
71
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4827 Princeton Rd
$351,256
$1,256 over list price of $350K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $426K.