Residential Development Land
For Sale
$440,000
648 East Pontotoc Avenue, Memphis, TN 38126
Twelve RU-4 home lots totaling 1.66 acres, with flexibility to build single-family homes or combine lots for multifamily.
Property SizeContact for details
Lot Size1.66 Acres
Days on Market788
Property Features for 648 East Pontotoc Avenue
General Information
Standard status
Active
Lot size
1.66 Acres
Property subtype
Land / Land
Zoning
RU-4
Taxes and HOA fees
Annual Taxes
$54
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 338-3226
Listed By:
Chris Garland · License #232993
(901) 338-3226
Source:
Compass
Added: Jul 4, 2024
Changed: Aug 8
Last Checked: Aug 29 at 3:40PM
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
Investment Insights
Based on property information with market context.
This offering includes 12 residential home lots, with 648 E Pontotoc Ave identified as one of the lots. The total land area across the 12 lots is 1.66 acres.
All lots are zoned RU-4. Buyers may build single-family homes, and there is also the possibility to combine lots to build multifamily.
A detailed map of the lots is available with an agent-provided flyer. The seller also notes that 13 additional lots are available in the immediate area in various group sizes.
All lots are zoned RU-4. Buyers may build single-family homes, and there is also the possibility to combine lots to build multifamily.
A detailed map of the lots is available with an agent-provided flyer. The seller also notes that 13 additional lots are available in the immediate area in various group sizes.
Key Highlights
- Twelve RU‑4 residential home lots totaling 1.66 acres (648 E Pontotoc Ave is one of the 12 lots)
- Zoning allows building single‑family homes on the lots
- Lots may be combined to build multifamily
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,010
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Twelve RU-4 home lots totaling 1.66 acres, with flexibility to build single-family homes or combine lots for multifamily.
Where is this residential land & home lot located?
The property is located at 648 East Pontotoc Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Twelve RU‑4 residential home lots totaling 1.66 acres (648 E Pontotoc Ave is one of the 12 lots); Zoning allows building single‑family homes on the lots; Lots may be combined to build multifamily
