Memphis, TN · Curated MLS Search

Lots and Land Homes in Memphis, TN

An editorially curated view of every active lots and land homes listing in Memphis, TN. Updated in real time from the local MLS, presented without the noise.

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Memphis Market — Lots and Land Homes Comparison

Live MLS data — citywide vs. Lots and Land Homes

Memphis
Lots and Land Homes
inventory
Active Listings
3,269
3
Sold (Past 6 Mo.)
3,049
1
Under Contract
675
0
pricing
Avg. List Price
$244,168
$593,333
Cost / Sq. Ft.
$182
—
typical home
Living Area
3,155 ft²
—
Avg. Beds
3.0
—
Avg. Baths
1.8
—
Days on Market
135
85

Lots and Land Homes in Memphis: Market Data

Data as of (MLS snapshot; listings below update live)

Groome & Co Realtors' review of MLS data as of October 19, 2026 shows 3 active listings for Memphis lots and land homes. Listings like these do not come up often in Memphis. Over the past six months, 1 listing in this search sold. In a market this small, a listing alert is the most reliable way to hear about the next one.

Lots and Land Homes in Memphis, TN, October 19, 2026
MeasureValue
Active listings3
Sold, past six months1

Market questions

How many Memphis lots and land homes are for sale?

There were 3 Memphis lots and land homes for sale as of October 19, 2026, based on Groome & Co Realtors' review of MLS data.

How many Memphis lots and land homes sold recently?

There was 1 sale of Memphis lots and land homes in the six months before October 19, 2026.

Listing data courtesy of the Memphis Area Association of REALTORS®.

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View All Memphis TN Lots and Land Homes Listings

229 N Dunlap St, Memphis
$1,250,000
10230922 MLS
Includes adjacent parcel # 051006 00011 (0.17 Ac) Positioned across from Le Bonheur Children’s Hospital, these two adjacent lots feature a 9-unit, 4,176 sq ft apartment building on 23,958 sq ft of total land, plentiful for developing more units, designated parking, etc. All units are 1B/1Ba, with 8/9 renovated and currently rented at $500 and $650, allowing for immediate cash flow and opportunity to continue forcing appreciation while increasing rents. Renovated units have new breakers, cabinetry, central heat, electric utilities, LVP flooring, PEX plumbing, tile tub surround, toilets, vanities, water heaters, windows, and a firewall between every 3 units, with the roof being replaced 4-5 years ago. With over $1.3B of healthcare improvement projects through 2031 in the Medical District, this investment is ideal for capitalizing in a rapidly growing area!

229 N Dunlap St, Memphis
430 N Front St, Memphis
$280,000
10228740 MLS
Location, location, location! This rare 0.25-acre vacant lot sits in the heart of Downtown Memphis, offering endless possibilities for development or investment. Whether you're looking to build residential units, a commercial space, or a mixed-use property, this lot puts you right in the center of everything Memphis has to offer. Whether you're a local developer or an out-of-town investor, this is a prime opportunity to make your mark in one of the South’s most iconic cities. With limited land availability downtown, lots like this don’t last long.

430 N Front St, Memphis
Vance Ave SE, Memphis
$250,000
10221067 MLS
PRIME DEVELOPMENT OPPORTUNITY this combine of 2 Lots totally .29 acreage. This land is on a major street. Excellent visibility and multiple uses. Buyer will need to confirm all zoning and uses that are allowed. The property is being sold as where is!

Vance Ave SE, Memphis
3520 Faxon Ave, Memphis
$245,000
10219499 MLS
High-yield triplex on a rare ~½ acre lot on the West edge of Berclair with development potential! This income-producing property offers strong in-place cash flow with immediate upside. Current rents total $2,975/month with room to increase to $3,200+, & additional NOI available through utility billback. Flexible month-to-month leases allow for quick repositioning or owner occupant. 2BR/2BA down unit with central HVAC, 1BR/1BA up unit, & a renovated 2BR/1BA guest house,+ garage & storage. Main house could convert to single family. Recent improvements include exterior paint, double pain windows, roof on rear unit, & interior paint & updates. All units have their own laundry & all appliances are included. Zoned 3–4 family with lots of land to expand & park--rare opportunity for added value. Ideal for investors seeking solid returns today with clear path to ~11% cap. Sqft does not include guest house. Opportunities like this are getting harder to find! Do not disturb tenants. Owner agent.

3520 Faxon Ave, Memphis
137 N Bellevue Blvd, Memphis
$80,000
3 Beds ⋅ 3 Baths ⋅ 10201300 MLS
2 Houses, One price. Sale specifically includes 137 N Bellevue and 133 N Bellevue as a package. Value is in the land. Lot for 137 N Bellevue is 56'x155', while lot for 133 N Bellevue is 50'x155'. Combined square footage of two lots is 16,377. Combined lot size would be 106'x155', more or less. Both houses unfit for habitation and need demolition which seller is unable to do. Seller will not split the properties. Sale is for package deal only. Cash sale.

137 N Bellevue Blvd, Memphis
3615 Pearson Ave, Memphis
$165,000
2 Beds ⋅ 1 Baths ⋅ 10193701 MLS
3 houses on one 2.65 acre lot! Per Chandler, size of each house is 1520/894/972 square feet. While they need work, 2 were recently rented and 1 has been partially renovated. Can be brought back to rent ready pretty fast. Lots of possibilities here- keep and rent, split up and sell, develop excess land in back, make extra lot up front and build. Very profitable venture for creative investor!

3615 Pearson Ave, Memphis
7583 Proud Land Dr, Memphis
$395,000
5 Beds ⋅ 3.1 Baths ⋅ 10179506 MLS
You do not want to miss this beautiful, spacious custom built home. Too many extras to mention! Fresh paint and new carpet. Brand new downdraft GE stove, a huge center island, and an attached breakfast area. Oversize Great room with hardwood floors and built in stereo system. Lots of custom builtins including small bar closet. All bedrooms are oversized with spacious walk-in closets. Large laundry room with sink and lots of cabinets and storage space.

7583 Proud Land Dr, Memphis
3651 S Victory Heights Ln, Memphis
$101,000
3 Beds ⋅ 1 Baths ⋅ 10169011 MLS
Welcome to this 3 bedroom, 1 bathroom home situated on two lots with approximately 1 acre of land! This property offers ample space for outdoor activities and potential expansion. Additionally, it boasts a 20x20 covered carport and a huge garage at the back, providing convenient parking and lots of storage/workshop. Don't miss out on this incredible opportunity to own a home with such a generous amount of land for a great price!

3651 S Victory Heights Ln, Memphis
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