Recently Listed New Construction 1057 Decatur Street
Memphis, TN, 38107 $ 45,000
Baths0.0 Monthly Estimate*
$ 277
Studio for $45,000. The lot size is 0.24.
Build-ready city lot at 1057 Decatur St, Memphis, TN 38107 offering 0.24± acres of flat, cleared topography--an excellent setup for a smoother build process and flexible site planning. Public water, sewer, and electric hookups are available, helping reduce upfront infrastructure costs and keeping your timeline more predictable. Ideal for a new-construction homesite, spec build, or long-term hold in a market with ongoing demand. Location is a major advantage: you're just minutes to the action in Downtown Memphis, including the world-famous Beale Street entertainment district, plus access to dining, sports, and riverfront attractions. With convenient connections to major corridors, commuting across the metro is straightforward--whether you're heading toward Midtown, Downtown, or key employment centers. Why Memphis? Memphis is a true economic powerhouse, driven by logistics and distribution, healthcare, education, and manufacturing--supporting a strong employment base and continued investment throughout the city. That job depth, paired with steady population movement across the metro, continues to fuel housing demand and infill development opportunities. For lifestyle and family amenities, Memphis offers year-round enjoyment: parks and greenways, the Memphis Zoo, museums, live music, festivals, and a nationally known food scene. Add in the city's rich history and cultural roots, and you've got a location that appeals to both residents and visitors alike. Bring your builder plans--this level, utility-served lot is ready for your vision.
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Zoning Unknown
Property Subtype Unimproved Land
Community Features None
County Shelby
Property Type Land
HOA N
Subdivision Name None
Possible Use Residential Single Family Vacant
Other Structures None
Status Active
Directions Head north on S Main St toward downtown core Turn left onto Union Ave Merge onto I-40 W (via the downtown access ramps) Take the exit for N Watkins St / Danny Thomas Blvd (north toward Midto
High School Trezevant High School
City Memphis
Senior Community Y/N N
Zoning Description Unknown
Lot Size Units Acres
Lot Size Square Feet 10454.4
Listing Terms Cash Conventional
Elementary School Caldwell
Land Lease Y/N N
Tax Annual Amount 100.15
Middle/Junior High School None
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description Neighborhood: 00701B01 /Pt Alley Ws Decatur
New Construction None
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ExteriorLot Features Cul-De-Sac Level Partially Cleared
Water Source Public
Lot Size Area 0.24
Lot Dimensions 34X165
Lot Size Acres 0.24
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByColdwell Banker Kinard CommercialBroker
Affordability Calculator
- Monthly Principal & Interest
- $277
- Monthly Property Taxes
- $8
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyLots and land listings in Memphis, TN
Average List Price $123,116
Percent of Sale Price 174%
About Memphis, TN 651,785 Population
-6% Since 2002
$ 38,338 Median Income
35.39 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
5409155 Elementary School
5409154 Middle School
Trezevant High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $45,000 | | Listed Price |