About This Home

This 0-bedroom, 0-bathroom commercial at 3023 LAMAR Ave in Memphis, TN is listed for $200,000. Built in 1942, on a N/A lot.

Key Features

  • Built in 1942

Property Details

1942
Listing Description

AUCTION INVESTMENT OPPORTUNITY! Hard to find, mobile home park on busy road frontage property. Property includes restaurant/building, duplex, 1 mobile home, 65+/- mobile home spaces, mailbox hub and multiple storage sheds. Restaurant (not occupied), duplex (each side occupied), 1 mobile home and 3 spaces currently tenant occupied on monthly basis. ONLINE AUCTION to take place Tuesday, October 20, 2026 at noon. Listing is active for bidding on HiBid with option to sell before auction.

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

3023 LAMAR Ave

Memphis, TN 38114

Lamar-Semmes

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3023 LAMAR Ave is listed at $200,000. The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942.

This property is listed by Valerie Russo and can be reached at 9014960380.

VR

Valerie Russo

Agent at Morris Realty Group

(901) 496-0380
Agent website

Listed by Morris Realty Group · Broker phone: (901) 565-7770 · Broker website

MLS# 10221549· Source: Memphis Area Association of Realtors®· 29 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3023 LAMAR Ave, Memphis, TN 38114

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