About 5255 Memphis Street 702
This unit comes with something most listings can't offer right now: an assumable FHA loan at 4%. That's a real number, not a teaser rate, and it transfers to a qualified buyer who plans to live here — a meaningful edge in this rate environment. Buyer is subject to lender approval and qualification requirements. Ground-floor 2-bedroom, 2-bath condo in northeast Denver's Trails at Parkfield Lake community. 925 square feet that lives larger than it measures. Hard surface floors throughout — no carpet to replace or clean. The primary bedroom fits a king with room to spare. The second bedroom is non-conforming, working equally well as an office, guest room, or creative space. In-unit washer and dryer. One assigned parking space. Location holds its own. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth, and the VA are all an easy commute southwest — matters if you work at any of them. Outside, Parkfield Lake Park is right there: walking paths and open space in a location that feels residential despite how connected it is. Community pool. Dining and shopping along Peña and Tower Road cover the day-to-day. Strong fit for a first-time buyer looking for a smart entry point, a healthcare worker, or a frequent traveler who wants this location and a payment most buyers can't touch right now.
Features of 5255 Memphis Street 702
| MLS® # | 3320928 |
|---|---|
| Price | $245,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 925 |
| Acres | 15.00 |
| Year Built | 2002 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 5255 Memphis Street 702 |
|---|---|
| Subdivision | Trails at Parkfield Lake |
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80239 |
Amenities
| Amenities | Clubhouse, Fitness Center, Pool, Trail(s) |
|---|---|
| Utilities | Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected |
| Parking Spaces | 1 |
| Parking | Asphalt |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Outdoor Pool |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s), No Stairs, Pantry, Primary Suite |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | No |
| Stories | Three Or More |
Exterior
| Exterior Features | Balcony |
|---|---|
| Windows | Window Coverings |
| Roof | Composition |
School Information
| District | Denver 1 |
|---|---|
| Elementary | Lena Archuleta |
| Middle | Dr. Martin Luther King |
| High | KIPP Denver Collegiate High School |
Additional Information
| Date Listed | April 8th, 2026 |
|---|---|
| Zoning | PUD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 364 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Corcoran Perry & Co. |
|---|---|
| Contact Info | btrampler@corcoranperry.com,303-638-1633 |
