Residential · Active

5255 Memphis Street

Denver, CO 80239

2 Beds · 2 Baths · 925 Sq Ft

$240,000

Condominium

Property Type

15 acres

Lot Size

2002

Year Built

$259

Price per Sq Ft

$364

HOA Fee

3320928

MLS #

About This Property

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.

218 days on market

Listed by Brian Trampler · Corcoran Perry & Co. · btrampler@corcoranperry.com,303-638-1633

Last updated: 10/15/2026 8:36 AM · Source: REcolorado®, MLS#: 3320928

Property Details

Key Details

Property Type Residential
Sub Type Condominium
Status Active
Price per Sq Ft $259
Subdivision Trails at Parkfield Lake
MLS # 3320928
Days on Market 218
Bedrooms 2
Full Baths 1
Half Baths 1

More Details

Year Built 2002
Lot Size (Sq Ft) 653,400
Acres 15
HOA Yes
HOA Fee $364
Annual Taxes $1,242
State CO
County Denver
Zoning PUD

Interior

Interior Features Built-in Features, Ceiling Fan(s), Pantry, No Stairs, Primary Suite
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate, Tile
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior & Parking

Exterior Features Balcony
Parking Features Asphalt
Roof Composition

Building & Lot

Architectural Style Contemporary
Levels Three Or More
Construction Frame
Sewer Public Sewer
Water Source Public

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
10/15/2026 Price change
Source: REcolorado® #3320928
$240,000 -2.0% $259/sqft
4/9/2026 Listed for sale
Source: REcolorado® #3320928
$245,000 $265/sqft

Based on information submitted to the MLS GRID as of November 13, 2026 at 1:04 PM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated October 15, 2026 at 8:36 AM.

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