0 Palgrave - (Rear)

Memphis, TN

Shelby County (Memphis)StructureAdjoining owners only

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Location & enrichment

Property type: Structure
Zoning: —
Flood zone: AE
Lot size: —
Nearest metro: 14.9 mi
Nearest airport: 9.0 mi
Assessed value (county): $900 (2024)
Area median home value: $167,600
Area pop. trend (5yr): +13.8%
Area median rent: $1,599/mo
Owner-occupied: 72.5%
Rental vacancy: 1.2%

Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked September 5, 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.

Shelby County Land Bank profile →All Shelby County (Memphis) listings →How to buy land bank property in Tennessee →

Quick deal check

Purchase priceRenovation budgetAfter-repair value

All-in $40,375 = 24% of ARV

Inside the 70% rule

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

1 of 5 checks flagged — see which

Each result names the measurement, the source dataset it came from, and when it was last refreshed.