Come by and check out this convenient corner lot, just blocks from the Broad Avenue Arts District and Overton Park. Currently zoned for multi-family. Location has Commercial/mixed use potential, according to the Memphis 3.0 planning documents. Come by anytime and take a look!
For sale by owner
Price cut: $5K (5/21)
$40,000
2460 Faxon Ave, Memphis, TN 38112
3beds
0baths
5,706Square Feet
VacantLand
Built in 1920
5,706 Square Feet Lot
$-- Zestimate®
$26/sqft
$-- HOA
What's special
Convenient corner lot
- 53 days |
- 289 |
- 15 |
Listed by:
Property Owner (615) 423-5823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,518 sqft
Property
Lot
- Size: 5,706 Square Feet
Details
- Parcel number: 05203700023
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $20,000
- Annual tax amount: $264
- Date on market: 5/18/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,163/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $40,000-11.1%$26/sqft |
Source: Owner Report a problem | ||
| 5/18/2026 | Listed for sale | $45,000$30/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $264 +100.1% | $5,000 +150% |
| 2024 | $132 +8.1% | $2,000 |
| 2023 | $122 | $2,000 |
| 2022 | -- | $2,000 |
| 2021 | -- | $2,000 |
| 2020 | $62 | $2,000 |
| 2019 | $62 | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2014 | $95 | -- |
| 2006 | -- | $21,120 |
| 2005 | -- | $21,120 +64% |
| 2004 | -- | $12,880 |
| 2003 | -- | $12,880 |
| 2002 | -- | $12,880 -45.9% |
| 2001 | -- | $23,800 +80.3% |
| 2000 | -- | $13,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 6/10William Herbert Brewster Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Treadwell Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Central High SchoolGrades: 9-12Distance: 2.7 mi
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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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Contact agent
- Tennessee
- Shelby County
- Memphis
- 38112
- Midtown
- 2460 Faxon Ave
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