Mobile Home Park with
For Sale
$250,000
3023 LAMAR Ave, Memphis, TN 38114
Commercial/Industrial, Memphis, TN
Property SizeContact for details
Days on Market102
Property Features for 3023 LAMAR Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Lamar-Semmes
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
2997
Building Details
Year built
1942
Listing Agency:
Morris Realty & Auction, LLC
(901) 565-7770
Listed By:
Valerie Russo
(901) 496-0380
Added: May 14
Changed: Aug 19
Last Checked: Aug 23 at 10:06PM
MLS# 10221549
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.
This mobile home park property includes a restaurant, duplex, two mobile homes, approximately 65 mobile home spaces, several storage sheds, and a mailbox hub. The improvements date to 1942. Existing occupancy includes the restaurant, duplex, one mobile home, and three mobile home spaces, with those occupied components operating on a monthly tenant basis.
The property is positioned along road frontage in Memphis, Tennessee. Its combination of mobile home spaces, residential improvements, restaurant space, and accessory storage structures creates a varied physical configuration within one property. The mailbox hub and multiple sheds are also included among the site improvements.
The property is positioned along road frontage in Memphis, Tennessee. Its combination of mobile home spaces, residential improvements, restaurant space, and accessory storage structures creates a varied physical configuration within one property. The mailbox hub and multiple sheds are also included among the site improvements.
Key Highlights
- Approximately 65+/- mobile home spaces
- Restaurant, duplex, and 2 mobile homes included
- Restaurant, duplex, 1 mobile home, and 3 spaces tenant occupied monthly
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The property includes a duplex, two mobile homes, storage sheds, and a centralized mailbox hub.
Where is this mobile home & rv park located?
The property is located at 3023 LAMAR Ave Memphis, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 65+/- mobile home spaces; Restaurant, duplex, and 2 mobile homes included; Restaurant, duplex, 1 mobile home, and 3 spaces tenant occupied monthly
