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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.

Agent Description

INVESTMENT OPPORTUNITY! Hard to find, mobile home park, including leased restaurant on busy, road frontage property, to be auctioned June 2, 2026 at noon! Property includes restaurant, duplex, 2 mobile homes, 65+/- mobile home spaces, mailbox hub and multiple storage sheds.

Restaurant, duplex, 1 mobile home and 3 spaces currently tenant occupied on monthly basis. Reserve auction listing, NO contingencies. ALL buyers welcome under auction guidelines! Accepting pre-auction offers. List price is for search purposes ONLY! Purchase price will be determined by the high bid at the end of the auction or accepted pre-auction offer. Property can be financed but NOT CONTINGENT on financing.

Key Features

  • Built in 1942

Property Details

1942

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 $867 based on 20% down at 6.5% interest.

Key features include: Built in 1942.

This property is listed by Valerie Russo and can be reached at 9014960380 or valerie@morrisrealtyauction.com.

VR

Valerie Russo

Agent at Morris Realty & Auction, LLC

(901) 496-0380

Listed by Morris Realty & Auction, LLC

MLS# 10221549· Source: listhub· Updated 18 days ago

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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