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Residential Lots Package Opportunity
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244 W DAVANT Ave lot S Pt224, Memphis, TN 38109

Land, Memphis, TN

Property SizeContact for details
Lot Size0.22 Acres
Days on Market155

Property Features for 244 W DAVANT Ave lot S Pt224

General Information

Property type Land
Property subtype Other
Zoning R-6
Subdivision RIVERSIDE PARK
Standard status Active
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 34
Listing Agency: eXp Realty, LLC
Listed By: Silvana Piadade
Added: Mar 29 Changed: Aug 20 Last Checked: Aug 30 at 7:06AM
MLS# 10217953

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Offered as a package, this is an opportunity to acquire multiple residential lots. The package includes nine parcels across Memphis, presenting potential for new construction or long-term investment. This may be suitable for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. The properties included are located on Glen (38127), 2517 Henderson St (38127), 3024 Sax Rd (38109), 244 W Davant Ave, 136 W Norwood Ave, 2129 Yazoo St, W Person (38109), and 1462 Standridge St (38108). One of the lots is located at 244 W DAVANT Ave lot: S Pt224, Memphis, TN 38109. The zoning is R-6. The lot size is 0.22 acres. This offering may allow buyers to position themselves ahead of growth and capitalize on the demand for affordable housing in these areas. Verification of zoning, utilities, and development feasibility is the responsibility of the buyer.

Key Highlights

  • Package of 9 residential lots offered at $60,500.
  • Rare opportunity to acquire multiple infill parcels in Memphis.
  • Strong upside potential for new construction or long‑term investment.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Package of residential lots for investors or builders.
Where is this land located?
The property is located at 244 W DAVANT Ave lot S Pt224 Memphis, TN.
What are key features of this property?
This property features: Package of 9 residential lots offered at $60,500.; Rare opportunity to acquire multiple infill parcels in Memphis.; Strong upside potential for new construction or long‑term investment.
More about this property
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