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    Memphis, MI
    Residential

    Memphis, MI Residential Land & Home Lots for Sale

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    Richmond, MI Riley, MI Columbus, MI Goodells, MI Armada, MI Allenton, MI Wales, MI Emmett, MI
    Cleared Commercial-Overlay Land
    Updated: Feb 19
    Cleared Commercial-Overlay Land

    Main Street, Memphis, MI 48041

    $114,900
    1.01 AC lot
    Two cleared residential lots totaling over 1 acre in Memphis
    City utilities available at the street; water source is public
    Zoned for residential, with the property located in a commercial overlay district for Memphis
    Lot addresses: 80111 and 80147 Main
    Exterior features include sidewalks and street lights
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    Agricultural Residential Land Parcel
    Updated: Apr 8
    Agricultural Residential Land Parcel

    0 Hill Lot 2 Road, Memphis, MI 48041

    $114,900
    13.66 AC lot
    13.66‑acre parcel in Riley Township
    Lot #2 is the middle parcel of three adjacent parcels currently available
    Land described as wide‑open, offering space for privacy, outbuildings, or recreation
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    Agricultural Land Parcel
    Agricultural Land Parcel

    Cowhy Rd. Parcel "B", Memphis, MI 48041

    $100,000
    10.00 AC lot

    Agriculturally zoned parcel on Cowhy Rd, with well and septic required and subject to existing crop rights.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    20 Acres of Farmland
    20 Acres of Farmland

    Memphis, MI 48041

    $185,000
    19.75 AC lot

    20 acres of land suitable for farming or residential development.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Memphis, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8.39 Acres for Dream Home
    8.39 Acres for Dream Home

    000 Meskill Road, Columbus, MI 48063

    $100,000

    8.39 acres to build your dream home near Richmond.

    View details
    Residential Development Land Parcel
    Residential Development Land Parcel

    0 Hill Lot 3 Road, Riley, MI 48041

    $114,900
    13.66 AC lot

    13.66-acre parcel in Riley Township zoned Agricultural, Residential, offered as lot #3 of three adjacent available properties.

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    VACANT LAND, Riley, MI
    VACANT LAND, Riley, MI

    Memphis Road, Riley, MI 48041

    $124,999
    10.00 AC lot

    Agricultural land / Farmland · 10.00 Acres

    View details
    Residential Building Site with Lake
    Residential Building Site with Lake

    0 Bauman Rd, Columbus, MI 48063

    Contact for pricing

    Desirable building site with private lake, multiple residences possible.

    View details

    Memphis, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 4 residential land & home lots for sale in Memphis, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,934,935 square feet of properties for sale, with an estimated market value of $514,800.

    Sale prices for home sites in Memphis, MI start at $100,000, averaging $128,700, and reaching up to $185,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 5
    Commercial land 4
    Residential land & home lots 4
    Waterfront Land 1

    Demographics Overview

    Population 4,385
    Population Growth (5Y) -2.3%
    Median Household Income $87,599
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48041 $112.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.49%
    Property Tax per SF $71.18 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Clair County

    New Delisted

    Total CRE Inventory on Market (SF)

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