RU-4 Residential Development
For Sale
$225,000
705 E PONTOTOC AVE, Memphis, TN 38126
Six residential lots totaling 0.94 acres are zoned RU-4 for single-family homes or possible lot combinations.
Property SizeContact for details
Lot Size0.94 Acres
Days on Market570
Property Features for 705 E PONTOTOC AVE
General Information
Standard status
Active
Lot size
0.94 Acres
Property subtype
Lots/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:
Exitrealty
Added: Jan 16, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:21PM
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 listing offers six residential lots, with 705 E Pontotoc Ave included as one of the parcels. The lots total 0.94 acres and are zoned RU-4.
Under the RU-4 zoning, a buyer can build single-family homes and may also have the option to combine lots to pursue multifamily development. A separate flyer with a detailed map is available, or buyers can request the flyer by calling for additional information.
In addition to these six lots, the area includes 19 other lots offered in various group sizes.
Under the RU-4 zoning, a buyer can build single-family homes and may also have the option to combine lots to pursue multifamily development. A separate flyer with a detailed map is available, or buyers can request the flyer by calling for additional information.
In addition to these six lots, the area includes 19 other lots offered in various group sizes.
Key Highlights
- Six residential lots total 0.94 acres
- Zoned RU‑4, allowing single‑family homes
- Lots may be combined to build multifamily (subject to zoning/approval)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,333
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Six residential lots totaling 0.94 acres are zoned RU-4 for single-family homes or possible lot combinations.
Where is this residential land & home lot located?
The property is located at 705 E PONTOTOC AVE Memphis, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Six residential lots total 0.94 acres; Zoned RU‑4, allowing single‑family homes; Lots may be combined to build multifamily (subject to zoning/approval)
