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+19018339734
Legendary Realty
2234 Clayton Ave, Memphis, TN 38108
- $3,500
- Sold Price
- $3,500
- List Price
- $4,200
- Closing Date
- May 13, 2026
- MLS#
- 10215753
- Property Type
- Land
- Lot Size
- 40X120
- Status
- CLOSED
Property Description
Discover this prime vacant lot in the established neighborhood of Memphis, Shelby County—perfect for your next investment or dream home build. Spanning approximately 0.11 acres (4,791 sq ft. zoned RU-1 for single-family use). This cleared parcel offers flexibility for residential development in a convenient urban location with easy access to local amenities, employment hubs, and transportation. The 38108 zip code features affordable entry points, with nearby comparable improved homes valued in the $60,000–$80,000 range and median area prices around $70,000–$79,000 amid stabilizing market trends. Current estimates place this lot's value affordable, presenting strong potential for builders, flippers, or first-time investors seeking land banking or custom construction in a revitalizing area. Utilities likely available at street level -buyer to confirm. Seize this low-cost entry into Memphis real estate today! Verify zoning, permits, and site conditions via Shelby County records.
Additional Information
- Acres
- 0.11
- Annual City Tax
- 32
- Annual County Tax
- 34
- Improvements
- Sidewalk
- Legal Subdivision
- Hyde Park Blk D
- Location
- City
- Lot
- 63
- Lot Size
- 40X120
- Present Usage
- None/Vacant
- Shape
- Regular
- Subdivision
- HYDE PARK BLK D
- Subtype
- Land
- Utilities
- Electricity, Public Sewer, Public Water
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Listing courtesy of eXp Realty, LLC. Selling Office: eXp Realty, LLC.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.