1023 Parkland Rd

—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Excellent opportunity for buyers seeking steady rental income $1,000/month rent | Lease ends 12/01/2026. Stable tenant, strong rental demand, and great passive income potential. Situated on a generous 0.25-acre lot, just minutes from the University of Memphis. Lease and Ledger available on request.Excellent opportunity for buyers seeking steady rental income $1,000/month rent | Lease ends 12/01/2026. Stable tenant, strong rental demand, and great passive income potential. Situated on a generous 0.25-acre lot, just minutes from the University of Memphis. Lease and Ledger available on request.
  1. Listed by Lilly Leatherwood • The Home Partners Realty

Property Details for 1023 Parkland Road

Area
757D
Style
Traditional
MAAR Subdivision Name
MESSICK GARDENS
Legal Subdivision Name
MESSICK GARDENS
LISTING UPDATED: 01/25/2026 02:00 PM

Property Details for 1023 Parkland Road

StatusActive
MLS #10213503
Days on Market14
Taxes$1,323 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1947
Lot Size0.16 AC / 6,969 SF
CountyShelby County

Location

Listing Courtesy of The Home Partners Realty
Add your commute

Building Information for 1023 Parkland Road

Stories1Year Built1947Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$598 per month

30 year fixed, 6.15% Interest

Principal and Interest

$487

Property Taxes

$110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1023 Parkland Road

Summary
Location and General Information
  • Address: 1023 PARKLAND RD
  • Address Search Number: 1023
  • Directions: Follow Interstate Highway 240 W/I-240 W toward Jackson Take exit 21 on the right onto S Prescott St toward Birmingham Take the right exit onto S Prescott St Turn left onto Barron Ave Turn right onto Parkland Rd
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 01-23-2026
  • Geo Zoom Level: 16.00
  • Map Coordinate: D
  • MLS Map Num: Pendleton/Park
  • Neighborhood Association: None
Parking
  • Parking Display: N0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 01-23-2026
Property
Lot Information
  • Lot Size: 50X145
  • Acreage: .16
  • Lot Num: 29
  • Lot Description: Other (See Remarks)
  • Parcel ID: 059083 00005
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Aluminum/Steel Siding
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: All Bedrooms Down
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Wood Laminate Floors
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Other (See Remarks)
  • Total Baths: 1

Property History for 1023 Parkland Road

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Price Change

MAARMLS #10213503

$100,000—
Jan 23, 2026

Price Change

MAARMLS #10213503

$1,000,000—
Jan 23, 2026

Listed (Active)

MAARMLS #10213503

$100,000—
Dec 29, 2021

Sold (Public Record)

Public Record #1480319803

$85,000

+21.5% / yr

Dec 29, 2021

Sold

MAARMLS #10111627

$85,000—
Nov 19, 2021

Contract Signed

MAARMLS #10111627

—
Nov 12, 2021

Price Change

MAARMLS #10111627

$81,000—
Nov 9, 2021

Price Change

MAARMLS #10111627

$83,900—
Nov 3, 2021

Price Change

MAARMLS #10111627

$85,900—
Nov 2, 2021

Price Change

MAARMLS #10111627

$88,500—
Oct 28, 2021

Price Change

MAARMLS #10111627

$89,000—
Oct 28, 2021

Price Change

MAARMLS #10111627

$88,500—
Oct 28, 2021

Price Change

MAARMLS #10111627

$85,900—
Oct 28, 2021

Price Change

MAARMLS #10111627

$83,900—
Oct 28, 2021

Listed (Active)

MAARMLS #10111627

$81,000—
Mar 29, 2021

Sold

MAARMLS #10059069

$69,900—
Dec 10, 2019

Sold (Public Record)

Public Record #659439935

$57,000

+21.8% / yr

Nov 27, 2019

Contract Signed

MAARMLS #10059069

—
Aug 6, 2019

Listed (Active)

MAARMLS #10059069

$64,900—
Dec 31, 2015

Temporarily Off Market

MAARMLS #3289321

—
Jan 25, 2014

Listed (Active)

MAARMLS #3289321

$18,500—
Dec 28, 2009

Sold

MAARMLS #3177009

$7,900—
Dec 4, 2009

Sold (Public Record)

Public Record #280527966

$7,900—
Nov 27, 2009

Contract Signed

MAARMLS #3177009

—
Jul 24, 2009

Listed (Active)

MAARMLS #3177009

$7,900—
DateEvent & SourcePrice
01/23/2026

Price Change

MAARMLS #10213503

$100,000
01/23/2026

Price Change

MAARMLS #10213503

$1,000,000
01/23/2026

Listed (Active)

MAARMLS #10213503

$100,000
12/29/2021

Sold (Public Record)

Public Record #1480319803

$85,000

+21.5% / yr

12/29/2021

Sold

MAARMLS #10111627

$85,000
11/19/2021

Contract Signed

MAARMLS #10111627

—
11/12/2021

Price Change

MAARMLS #10111627

$81,000
11/09/2021

Price Change

MAARMLS #10111627

$83,900
11/03/2021

Price Change

MAARMLS #10111627

$85,900
11/02/2021

Price Change

MAARMLS #10111627

$88,500
10/28/2021

Price Change

MAARMLS #10111627

$89,000
10/28/2021

Price Change

MAARMLS #10111627

$88,500
10/28/2021

Price Change

MAARMLS #10111627

$85,900
10/28/2021

Price Change

MAARMLS #10111627

$83,900
10/28/2021

Listed (Active)

MAARMLS #10111627

$81,000
03/29/2021

Sold

MAARMLS #10059069

$69,900
12/10/2019

Sold (Public Record)

Public Record #659439935

$57,000

+21.8% / yr

11/27/2019

Contract Signed

MAARMLS #10059069

—
08/06/2019

Listed (Active)

MAARMLS #10059069

$64,900
12/31/2015

Temporarily Off Market

MAARMLS #3289321

—
01/25/2014

Listed (Active)

MAARMLS #3289321

$18,500
12/28/2009

Sold

MAARMLS #3177009

$7,900
12/04/2009

Sold (Public Record)

Public Record #280527966

$7,900
11/27/2009

Contract Signed

MAARMLS #3177009

—
07/24/2009

Listed (Active)

MAARMLS #3177009

$7,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1023 Parkland Road

Taxable ValueLand$2,450Additions$22,650Total$25,100
Tax Record2024$1,653 ($138 / month)
Home Facts
Beds2Baths1Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtStories1Lot Size7,231 SqFtStyleSingle Family ResidenceYear Built1947Year Renovated2005ZoningR-6CountySHELBYAPN059-083- - -00005Fireplace TypeHas Fireplace

Schools near 1023 Parkland Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Cherokee Elementary School
PublicPK to 5

Sherwood Middle School
Public6 to 8

Melrose High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1023 Parkland Road is a single family home for sale in Memphis, TN 38111. This property was listed for sale on January 23, 2026 by The Home Partners Realty, it's currently listed at $100,000. It has been on the market for a total of 14 days and was last sold on December 29, 2021. This listing's school district is Shelby County Schools. Nearby schools include Cherokee Elementary School, Sherwood Middle School and Melrose High School. 1023 Parkland Road is a 2-bed, 1-bath, single family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Home Partners Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.