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2 Beds
1 Bath
1,248 sqft

$80,000

2601 JACKSON AVE, Memphis TN, 38108

Price per sqft$64.10
Built in1922
Property size1,248 sqft
Property typeResidential

Overview

Active

Listed Oct 9, 2025

Updated Aug 7

Welcome to this prime investment opportunity located on an expansive one-third acre+ corner lot. The property currently features a two-bedroom, one-bath bungalow that offers the option to either fully renovate and restore or to redevelop the site entirely. Zoning variance and initial plan approvals are already in place for the construction of a four-plex multifamily residential building. The approved concept includes four units, each approximately 1,000 square feet, with three bedrooms and two baths per unit. The next phase of development will include a property survey and full architectural plans, after which pricing will be adjusted to reflect progress and value added to the project. Secure your equity now by purchasing at this early stage and complete the build yourself to maximize returns. With utilities already accessible on site, city approvals made, and a MFR complex proposed for the neighboring lot, this property is positioned perfectly for a cash flowing development.

$532/mo

Est. mortgage payment based on a $80,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10207427

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.32 Acres

Other Property Details

Taxes
$262
Tax Frequency
Annually
Association Fee Frequency
Yearly
MLS provider logo

Listed by Michael Valenza with eXp Realty, LLC
Listing Contact: 901-335-7878 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 8/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

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Data last updated on 8/7/2026 at 1:07 PM UTC

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