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 4:06PM
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, 2 mobile homes, 65+/- mobile home spaces, a mailbox hub, and multiple storage sheds. The restaurant is leased, while the duplex, 1 mobile home, and 3 spaces are occupied by tenants on a monthly basis.
Built in 1942, the property is located on Lamar Ave in Memphis, Tennessee. Its improvements combine residential rental components, mobile home accommodations, restaurant space, storage areas, and mailbox services within one commercial property.
Built in 1942, the property is located on Lamar Ave in Memphis, Tennessee. Its improvements combine residential rental components, mobile home accommodations, restaurant space, storage areas, and mailbox services within one commercial property.
Key Highlights
- 65+/- mobile home spaces included
- Restaurant, duplex, and 2 mobile homes on the property
- Restaurant is leased
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 - Income-producing property combines mobile home spaces with a restaurant, duplex, storage sheds, and a 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: 65+/- mobile home spaces included; Restaurant, duplex, and 2 mobile homes on the property; Restaurant is leased
