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Image 1 - 3076 Lotus Road, Memphis, TN 38109, USA - House for sale
Image 2 - 3076 Lotus Road, Memphis, TN 38109, USA - House for sale
Image 3 - 3076 Lotus Road, Memphis, TN 38109, USA - House for sale
Image 4 - 3076 Lotus Road, Memphis, TN 38109, USA - House for sale
Image 5 - 3076 Lotus Road, Memphis, TN 38109, USA - House for sale
Home For Sale In Memphis, Tennessee
3076 Lotus Road, Memphis, TN 38109, USA

Home For Sale In Memphis, Tennessee

house for sale
Listed: 05/01/24

3076 Lotus Road, Memphis, TN 38109, USA

2 Bed:
1 Bath:
Save
Price
$ 38,000
Price:  Lower

About This House

This two-bedroom, one-bathroom house is a prime investment opportunity. It needs cosmetic repairs but is sold as-is, making it a convenient project for investors. Located in a desirable neighborhood, with solid bones and potential for a great return on investment.

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Memphis Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 2 bed houses for sale in/near Memphis, United States averaged $168,082, staying on the same level compared to the previous month.
Median price trends for properties for sale in Memphis, United States as of April 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.