1382 S Parkway E
$125,000
Deal Score · 37 · Weak
Asking 8333% of the median of 204 nearby sales

1382 S Parkway E

Memphis, TN
Fannie Mae HomePathStructure
Location & enrichment
Property type
Structure
Zoning
—
Flood zone
X
Lot size
—
Nearest metro
3.3 mi
Nearest airport
5.1 mi
Assessed value (county)
—
Area median home value
—
Area pop. trend (5yr)
—
Area median rent
—
Owner-occupied
—
Rental vacancy
—

Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked October 6, 2026.

How to buy from the Fannie Mae HomePath

The Fannie Mae HomePath 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 $165,000

ARV 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.

Buildability report
Pro

All 4 checks clear

Pro shows each measurement, the source dataset it came from, and when it was last refreshed — the part you cite in a due-diligence file.

  • Flood risk
  • Wetlands
  • Terrain slope
  • Environmental

1 more check not yet run for this parcel

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Sources: FEMA NFHL · USFWS NWI · USGS 3DEP · Census TIGER · EPA FRS

Deal Score
Pro
37
Weak
out of 100

Priced below 0% of comparable listings

Based on 3 of 4 signals

What's it worth?

204 nearby sales on record · full value report

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