Property
ActiveCondo
1/30
$253,000

5255 Memphis Street 702

Denver, CO 80239
2
Beds
2
Baths
925
SqFt
15
Acres
RECOLORADO
#3320928
Updated: Jun 23, 2026, 4:30pm

Property Description

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.
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.
Included Appliances
DishwasherDryerMicrowaveRangeRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
925
Accessibility Features
Accessible Approach with Ramp
Appliances
DishwasherDryerMicrowaveRangeRefrigeratorWasher
Building Area Total
925
Cooling
Central Air
Flooring
LaminateTile
Furnished
Unfurnished
Heating
Forced AirNatural Gas
Interior Features
Built-in FeaturesCeiling Fan(s)No StairsPantryPrimary Suite
Living Area
925
Room Count
7
Security Features
Carbon Monoxide Detector(s)Smoke Detector(s)Video Doorbell
Window Features
Window Coverings
Construction
Also Marketed As
Residential
Architectural Style
Contemporary
Building Area Source
Public Records
Common Walls
2+ Common Walls
Construction Materials
Frame
Direction Faces
South
Entry Level
1
Entry Location
Exterior Access
Levels
Three Or More
Roof
Composition
Structure Type
Low Rise (1-3)
Year Built
2002
Site & Exterior
Exterior Features
Balcony
Fencing
None
Lot Size Acres
15
Lot Size Area
15
Lot Size Square Feet
653400
Lot Size Units
Acres
Offstreet Spaces
Yes
Parking Features
Asphalt
Parking Total
1
Patio And Porch Features
Covered
Pool Features
Outdoor Pool
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Utilities
Cable AvailableElectricity ConnectedInternet Access (Wired)Natural Gas Connected
Water Source
Public
Zoning
PUD
Financials
Association Fee
364
Association Fee Annual
4368.00
Association Fee Frequency
Monthly
Association Fee Includes
Maintenance GroundsMaintenance StructureRecyclingSewerSnow RemovalTrashWater
Association Fee Total Annual
4368.00
Contract Earnest Check To
Chicago Title
Contract Min Earnest
2500.00
Ownership
Individual
Parcel Number
174-04-029
Special Listing Conditions
None
Tax Annual Amount
1242
Tax Legal Description
TRAILS AT PARKFIELD LAKE CONDOS BLDG-7 U-702 PRK-702GAR-N/A
Tax Year
2024
Title Company
Chicago Title

Neighborhood & Lifestyle

Community & Association
Association Amenities
ClubhouseFitness CenterPoolTrail(s)
Association Management Type
Professionally Managed
Association Name
Trails at Parkfield Lake
Association Phone
855-289-6007
Association Transfer Amount
$340.00
Association U R L
Pets Allowed
Yes
Restrictions Covenants
Yes
Senior Community
No
Subdivision Name
Trails at Parkfield Lake
Schools
Ratings
Elementary
Lena Archuleta
Middle
Dr. Martin Luther King
High
KIPP Denver Collegiate High School
Elem. District
Denver 1
Middle District
Denver 1
High District
Denver 1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 23, 2026, 4:30pm.
Brian Trampler

Listing Agent

Corcoran Perry & Co.

Call Agent