$231,000
 $1,240 est/mo Sourced by Back At You

287 Olmstead Ave,Memphis, TN 38106

Memphis, TN 38106

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Description

Attention developers, portfolio builders, and scaling investors! This is an exceptional opportunity to acquire instant residential scale in the high-demand 38106 redevelopment corridor. Positioned strategically right off the South Third Street and South Parkway arteries, this structured package features one existing single-family residence paired with five vacant residential infill lots located at 276 Olmstead, 279 Olmstead, 278 E. Essex, 284 E. Essex & 286 E. Essex. No signs. No showings until an accepted offer is in place. Buyer to verify all information. Property is being sold as-is with no repairs by seller.

Details

MLS #10230379
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1939
Days On Site23
Listing Provided ByKAIZEN Realty, LLC | Mae Stanton

Features

Bed(s)3
Bath(s) 1 Total
Story(s)1
Acreage0.11
Property ViewLevel, Chain Fenced

Interior

Number Of Rooms6
CoolingCentral
HeatingCentral

Exterior

FoundationSlab
Lot DescriptionLevel, Chain Fenced

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | 61 Hwy
Subarea747B
Community NameRAYBURN AVE BLK E
Listing VS Median (in RAYBURN AVE BLK E)
Price:
$231,000
low | high
Med:
$0
On site:
23
low | high
Med:
Sourced by Back At You

Market Activity 38106

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | 61 Hwy
Subarea747B
Community NameRAYBURN AVE BLK E
Listing VS Median (in RAYBURN AVE BLK E)
Price:
$231,000
low | high
Med:
$0
On site:
23
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $173K - $288K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1627 BARTON ST Property Photo 1
$215,000
1627 Barton St
Memphis, TN 38106
1627 BARTON ST Property Photo 1
$215,000
1627 Barton St
Memphis, TN 38106
Listing Updated: October 1, 2026 at 12:22:09 PM PDT