2601 JACKSON AVE, Memphis, TN 38108

• 2 beds |
• 1 bath |
• 1,248 sqft

Property Description

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.

Listing Status:

Active

Date Added:

October 9, 2025 at 12:00AM

Listing Office:

eXp Realty, LLC : 888-519-5113

MLS ID:

10207427

Interior

• Rooms: 5
• Flooring: Hardwood Throughout
• A/C: No Cooling
• Heating: Wall Unit
• Fireplace: Fireplaces: 1

Exterior

• General: Wood Window(s)Porch
• Style: Bungalow
• Pool: None
• Parking: Driveway/Pad

Construction

• General: 1

Location

• County: Overton Park

Lot

• Zoning: 052051 00001

This listing courtesy of eXp Realty, LLC