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Residential Development Land Lots
For Sale
$75,000

743 E PONTOTOC AVE, Memphis, TN 38126

Two RU-4 home lots totaling 0.31 acres are offered for single-family construction or possible lot combination.

Property SizeContact for details
Days on Market617

Property Features for 743 E PONTOTOC AVE

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $54
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Chris Garland · License #232993
Source: Exitrealty
Added: Feb 8, 2025 Changed: Oct 7 Last Checked: Oct 14 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS

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Investment Insights

Based on property information with market context.

This listing offers two residential land lots under RU-4 zoning. The property includes 743 E Pontotoc Ave as one of the two lots, with the combined acreage totaling 0.31 acres. The lots are being marketed together and may allow a buyer to build single-family homes, with the possibility to combine the lots for multifamily development, subject to applicable approvals.

The seller notes additional lots in the immediate area are available in various group sizes. A detailed map of the lots is available via the listing agent flyer.

Call for the flyer to review the layout of both lots and confirm the intended development approach before proceeding.

Key Highlights

  • Two RU‑4 home lots totaling 0.31 acres (including 743 E Pontotoc Ave).
  • Zoned RU‑4 for single‑family home construction.
  • Possible to combine the lots to build multifamily housing.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Furniture & Home Goods Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store

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

2,076
Businesses Nearby

Demographics for 38126, TN

5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two RU-4 home lots totaling 0.31 acres are offered for single-family construction or possible lot combination.
Where is this residential land & home lot located?
The property is located at 743 E PONTOTOC AVE Memphis, TN.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two RU‑4 home lots totaling 0.31 acres (including 743 E Pontotoc Ave).; Zoned RU‑4 for single‑family home construction.; Possible to combine the lots to build multifamily housing.
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