3953 CENTRAL AVE Memphis, TN $ 399,900
3953 CENTRAL AVE
$ 399,900
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3953 CENTRAL AVE

Memphis, TN, 38111
$ 399,900
Baths0.0

Monthly Estimate*

$ 2,495

3953 CENTRAL AVE, Memphis, TN 38111 - Image 1
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Studio

Lots and Land for sale in Memphis, TN

for $399,900. The lot size is 0.39.

Rare opportunity to acquire a prime, gated parcel in a highly desirable, centrally located area just steps from the University of Memphis. Tucked behind a stone wall and private gate, this property offers a quiet, park-like setting with mature landscaping, established gardens, and strong privacy—an ideal canvas for new construction or redevelopment. The lot’s depth, existing hardscape elements, and established footprint present multiple possibilities for builders or investors looking to capitalize on location, access, and long-term value. The surrounding area continues to see redevelopment and demand, making this a compelling opportunity for those seeking a well-positioned site in one of the city’s most convenient corridors. Ideal for builders or buyers looking to create something special in an exceptional location.

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Lots and Land Active

Price

$ 399,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,063

Style

Lot Size

0.39

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10211838

Features
General
Utilities Natural Gas Public Sewer Public Water
Zoning R-1
Status Active Active
Legal Subdivision Name GRANDVIEW
County Shelby
Class Land
Type Land
Area 755H Galloway Gardens
Parcel Number 046047 00002
Road Frontage Other (See REMARKS) Paved
Sale/Rent For Sale
Status Detail 0
Location Subdivision
Directions Head South on Goodlett make a right on Central. Home is on the left
City Memphis
DOM 0
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Exterior
Lot PT 15
Lot Size Area 0.39
Lot Size 115X150
Improvements Curbs and Gutters Other (See REMARKS)
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$2,917
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$422
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2025$399,900 Listed Price

Map


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3953 CENTRAL AVE, Memphis, TN, 38111 is a Lots and Land for sale at $399,900 with a lot size of 0.39. 3953 CENTRAL AVE is a studio with 0.0 baths. The property's zip code is 38111 which is in Memphis, TN