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5255 Memphis Street 702Denver, CO 80239

For Sale

$253,000

Smart Buyer Rebate $1,325

This unit comes with something most listings can't offer right now: an assumable loan at 4%. That's a real number, not a teaser rate, and it transfers to a buyer who plans to live here — a meaningful edge in this rate environment. The loan is an FHA assumable loan - buyer is subject to lender approval and qualification requirements.
Beyond that: a ground-floor 2-bedroom, 1.5-bath condo in northeast Denver's Trails at Parkfield Lake community, 925 square feet. The primary bedroom fits a king bed with room to spare. The second bedroom is non-conforming, so it works as an office, guest room, or whatever you need it to be.
Location holds its own too. 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 University of Colorado Hospital, and the VA are all an easy commute, which matters if you work at any of them.
Outside, Parkfield Lake Park is right there — walking paths and open space that keep things quiet despite how connected the location is. Community pool for summer. Dining and shopping along Peña and Tower Road cover the day-to-day.
Good fit for a first-time buyer looking for a smart entry point, or a healthcare worker or traveler who wants this location and a payment most buyers can't touch right now.

Listed by Brian Trampler

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License #155066311

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Corcoran Perry & Co.

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303-638-1633

Last updated July 07, 2026

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Source: REcolorado #3320928

Listing Facts

  • TypeCondo
  • NeighborhoodGateway
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu113
  • HOA/Maint. Fees$364/month
  • Taxes$1,242/year
  • Size925 sqft
  • Price per sqft$274

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

06/02/2026
Price Decreased
$253,000
04/09/2026
Listed by Corcoran Perry & Co.
$257,500

Property Details for 5255 Memphis Street 702

Association

Amenities

  • Association Amenities: Clubhouse, Fitness Center, Pool, Trail(s)
  • Pets Allowed: Yes

Fees

  • Association Fee: $364.00 Monthly
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water

General

  • Association Name: Trails At Parkfield Lake

Exterior

Construction

  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: Low Rise (1-3)
  • Window Features: Window Coverings
  • Year Built: 2002
  • Architectural Style: Contemporary
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Entry Level: 1
  • Entry Location: Exterior Access
  • Exterior Features: Balcony

Features

  • Direction Faces: South
  • Patio And Porch Features: Covered
  • Pool Features: Outdoor Pool

Measurements

  • Building Area Total: 925
  • Lot Size Acres: 15.00
  • Lot Size Area: 15
  • Lot Size Square Feet: 653,400
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 174-04-029
  • Tax Annual Amount: $1,242.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate, Tile
  • Interior Features: Built-in Features, Ceiling Fan(s), No Stairs, Pantry, Primary Suite

Measurements

  • Living Area: 925

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Other

Features

  • Accessibility Features: Accessible Approach With Ramp

Location

  • Subdivision Name: Trails At Parkfield Lake

Parking

Parking

  • Parking Features: Asphalt
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Lena Archuleta
  • Elementary School District: Denver 1

High School

  • High School: KIPP Denver Collegiate High School
  • High School District: Denver 1

Middle or Junior School

  • Middle Or Junior School: Dr. Martin Luther King
  • Middle Or Junior School District: Denver 1

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 5255 Memphis Street 702.

What schools are nearby to 5255 Memphis Street 702?

Nearby schools include the Lena Archuleta Elementary School, Dr. Martin Luther King Middle School, and KIPP Denver Collegiate High School.

Does this condo have parking?

Yes, there is 1 parking space available for 5255 Memphis Street 702.

Are pets allowed at 5255 Memphis Street?

Yes, 5255 Memphis Street allows pets.

What are the annual taxes for 5255 Memphis Street 702?

Annual taxes for this condo are estimated at $1,242.

How does 5255 Memphis Street 702 compare to other condos in Gateway?

This condo is listed 3% below the average price for condos in Gateway and has been on the market for 12 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Trails At Parkfield Lake home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 925 sqft.

5255 Memphis Street 702 is a 2-bedroom, 2-bath condo for sale in Denver CO 80239. Available on Prevu for 113 days at $253,000. This includes a recent price decrease of $4,500. This residence features 925 square feet of living space, located in Gateway. The median listing price for condos in this area is $397,450. Nearby schools include Lena Archuleta Elementary School, Dr. Martin Luther King Middle School, and KIPP Denver Collegiate High School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, fitness center, parking, swimming pool, and washer/dryer. View other condo listings in Denver.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.