Back 4817 Montee Road
Off Market

4817 Montee Road

Memphis TN 38109

0.21 ac.
Land
Last sold for $5,000
Jordan RayJordan Ray, last sold this property on 11 July 2025 after 42 days on market.

Overview

Residential lot ready for a new build perfect for the turnkey rental property builder. After construction value of $142K. Rental rates run around $1,000 - $1,300/month. Turn this vacant lot into a cashflow machine today! Cash or builder type loans only. No wholesalers. Seller prefers offer with no inspection contingencies, please visit/inspect the property before making an offer.

Features

0.21 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Memphis over the last 12 months, the estimated median property value of 4817 Montee Road is $8.5k.

Median value
$8.5k
Estimated value range
$3k - $100k
Median days on market
57
Estimated value trend
29%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4817 Montee Road

2025
Sold
$5,000
11 Jul 2025 by Jordan Ray

Happy sellers in Memphis

95%
95% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Memphis over the last 12 months.

Local market activity for land plots in Memphis

In the last 12 months, 43 land plots similar to 4817 Montee Road, have been sold.

This represents a 86% decrease in land plots sales when compared to the previous 12 months.

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