$183,000
174% of area home valueAsking 100% of county-assessed value
5308 Highway 61
Memphis, TN
Shelby County (Memphis)Structure
Location & enrichment
- Property type
- Structure
- Flood zone
- X
- Lot size
- —
- Nearest metro
- 10.6 mi
- Nearest airport
- 8.0 mi
- Assessed value (county)
- $183,000 (2024)
- Area median home value
- $105,300
- Area pop. trend (5yr)
- -10.8%
- Area median rent
- $970/mo
- Owner-occupied
- 75.9%
- Rental vacancy
- 8%
Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked July 5, 2026.
How to buy from the Shelby County (Memphis)
The Shelby County (Memphis) is a public agency that resells government-owned property. Start from the source listing, confirm the parcel is still available, and follow the land bank's published application or offer process.