Skip to content
Photo 1 of 2
Photo 1 of 2 — 3545 WALNUT GROVE RD, Memphis, TN 38111
View all 2 photos

3545 WALNUT GROVE RD, Memphis, TN 38111

RED ACRES · Shelby County

Key Facts

0.42Lot (acres)

Description

This is a great development opportunity or the chance to build your dream home. Great location, level lot with some trees. This is one of two lots that are available.

Property Information

Property Type

Land

Lot Size

0.42 acres

Zoning

R

Days on Market

179

MLS® Listing#

10212036

Property Features

Fencing

Fenced

Lot Features

Level

Utilities

Natural Gas AvailableElectricity Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$5,040

Parcel Number

044060 00004

Directions

Located in the Red Acres Subdivision between W. Galloway and Highland on the South side of Walnut Grove.

Affordability Calculator

$39,800

Estimated monthly payment

$1,059/mo

Principal $159,200 · Est. interest $222,098 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Memphis, TN

74
Median Days on Market
1,438
Median Sq Ft
$125
Median Price / Sq Ft
2,975
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.

Location

  • 3545 WALNUT GROVE RD, Memphis, TN 38111

Points of Interest in Memphis, TN

Showing the Memphis area map.

Nearby Schools

  • East High

    Secondary · 0.6 mi away

  • Memphis East T-STEM Academy

    School · 0.6 mi away

  • East Career & Tech Center

    School · 0.6 mi away

  • University High School

    Secondary School · 0.7 mi away

  • University of Memphis Graduate School

    School · 0.8 mi away

  • Presbyterian Day School

    Secondary · 1.0 mi away

  • Binghampton Christian Academy

    School · 1.1 mi away

  • Campus School

    Elementary · 1.1 mi away

  • St Anne Church

    School · 1.3 mi away

  • Lester Prep

    Elementary · 1.3 mi away

  • Saint Michael Parish

    School · 1.3 mi away

  • Compass Community School Berclair Campus

    Elementary · 1.3 mi away

  • Collegiate School of Memphis

    Secondary · 1.3 mi away

  • Messick Adult Center

    School · 1.5 mi away

  • Grahamwood Elementary

    Elementary · 1.5 mi away

  • Arrow Academy of Excellence

    School · 1.6 mi away

  • The Lord's Tabernacle Christian Academy

    School · 1.6 mi away

  • Kipp Memphis Collegiate Schools

    Secondary · 1.7 mi away

  • Treadwell Elementary

    Elementary · 1.8 mi away

  • Memphis City Schools Risk Management

    School · 1.8 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
1443 S PARKWAY AVE E, Memphis, TN$139,50053,346
3391 S PERKINS RD, Memphis, TN$139,90042,067
864 DICKINSON ST, Memphis, TN$139,90031,361
3042 CURTIS ST, Memphis, TN$139,90031,608
107 S FRONT ST 25, Memphis, TN$139,9001626
3048 KINGSGATE AVE, Memphis, TN$139,90031,321

Moving Cost Estimate

EXIT Agents in Memphis

Listing Courtesy: Sowell, Realtors - 9012784380

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MemphisTN. MLS® Listing#10212036. © 2026EXIT Realty®. All rights reserved.