$50
Asking 10% of county-assessed value
0 Carnes
Memphis, TN
Shelby County (Memphis)StructureAdjoining owners only
Location & enrichment
- Property type
- Structure
- Flood zone
- X
- Lot size
- —
- Nearest metro
- 5.0 mi
- Nearest airport
- 4.7 mi
- Assessed value (county)
- $500 (2024)
- Area median home value
- $66,700
- Area pop. trend (5yr)
- -4.4%
- Area median rent
- $858/mo
- Owner-occupied
- 31.8%
- Rental vacancy
- 17.6%
Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked July 14, 2026.
How to buy from the Shelby County (Memphis)
The Shelby County (Memphis) is a public agency that resells government-owned property. Start from the source listing, confirm the parcel is still available, and follow the land bank's published application or offer process.
Quick deal check
All-in $40,050 = 60% of ARV
Inside the 70% ruleARV starts from the area's median home value (Census) — replace it with real comps before acting. The 70% rule: flippers target purchase + rehab ≤ 70% of ARV. Not financial advice.
