Build your next project in the heart of the Medical District! This vacant, flat, cleared lot is ready for new construction and located within the Memphis Medical District Collaborative focus area. Surrounded by hospitals, campuses, and ongoing redevelopment, this is an ideal spot for a single-family home, duplex, or small infill project. Utilities are available at the street. Investors, builders, and developers—don’t miss the chance to take advantage of potential grants, incentives, and advantageous new-construction financing that may be available in this zone. Drive by and envision the potential for your next high-return yield project! Seller owns many properties and is open to discounts for creative package deals. Owner financing available. Please ask listing agent for details.
Lot/land
$49,900
229 Leath St, Memphis, TN 38105
--beds
--baths
4,356Square Feet
Unimproved Land
Built in ----
4,356 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 281 days |
- 30 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Elliot Cerezo,
The Home Partners Realty 901-305-6047
Source: MAAR,MLS#: 10209683
Facts & features
Property
Features
- Fencing: Fenced
Lot
- Size: 4,356 Square Feet
- Dimensions: 50.5 x 95
- Features: Curbs and Gutters, Sidewalk, City Lot, Regular
- Topography: Level
Details
- Parcel number: 051005 00006
- Zoning: R-6
- Zoning description: Adjacent Area: Multi-Family,Single Family
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Other (See REMARKS)
Community & HOA
Community
- Features: Garbage Pickup
- Subdivision: Mckinney
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $7,500
- Annual tax amount: $790
- Date on market: 11/14/2025
- Cumulative days on market: 277 days
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,284/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Price change | $49,900-16.5% |
Source:  MAAR #10209683 Report a problem | ||
| 1/20/2026 | Price change | $59,750-0.4% |
Source: MAAR #10209683 Report a problem | ||
| 12/9/2025 | Price change | $60,000-14.3% |
Source: MAAR #10209683 Report a problem | ||
| 11/14/2025 | Listed for sale | $70,000+100% |
Source: MAAR #10209683 Report a problem | ||
| 10/5/2023 | Sold | $35,000 |
Source: Public Record Report a problem | ||
| 8/23/2018 | Listing removed | $550 |
Source: LUBIN PROPERTY MANAGEMENT Report a problem | ||
| 6/15/2018 | Listed for rent | $550 |
Source: LUBIN PROPERTY MANAGEMENT Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $99 -87.5% | $1,875 -84.4% |
| 2024 | $790 +8.1% | $12,000 |
| 2023 | $731 | $12,000 |
| 2022 | -- | $12,000 |
| 2021 | -- | $12,000 +154% |
| 2020 | $151 | $4,725 |
| 2019 | $151 -21.1% | $4,725 |
| 2018 | $191 -45.1% | $4,725 |
| 2017 | $349 +39.6% | $4,725 -35.7% |
| 2016 | $250 -12.4% | $7,350 |
| 2014 | $285 | $7,350 |
| 2013 | -- | $7,350 -17.9% |
| 2012 | -- | $8,950 |
| 2011 | -- | $8,950 |
| 2010 | -- | $8,950 |
| 2009 | -- | $8,950 +26.1% |
| 2008 | -- | $7,100 |
| 2007 | -- | $7,100 -48.6% |
| 2006 | -- | $13,825 |
| 2005 | -- | $13,825 +289.4% |
| 2004 | -- | $3,550 |
| 2003 | -- | $3,550 |
| 2002 | -- | $3,550 |
| 2001 | -- | $3,550 -59.9% |
| 2000 | -- | $8,850 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Memphis Academy Of Science EngineeringGrades: 6-12Distance: 0.9 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 1.6 mi
- $7,5004 bd1 ba2.2k sqft223 Leath St, Memphis, TN 38105Off Market
- $68,5003 bd1 ba1k sqft219 Leath St, Memphis, TN 38105Off Market
- $37,4003 bd1 ba1.3k sqft232 Leath St, Memphis, TN 38105Off Market
- $37,4002 bd1 ba1.3k sqft226 Leath St, Memphis, TN 38105Off Market
- $53,7004 bd2 ba1.4k sqft236 Leath St, Memphis, TN 38105Off Market
- $184,9003 bd1 ba1.4k sqft222 Leath St, Memphis, TN 38105For Sale
- $7,5003,876 sqft238 Leath St, Memphis, TN 38105Off Market
- $7,5005,183 sqft215 Leath St, Memphis, TN 38105Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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