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.
Red Acres, located between Poplar Avenue and Walnut Grove Road, is a residential and suburban Memphis neighborhood with mid-century ranch homes and leafy, wide-lot streets. The neighborhood’s character concentrates around the Poplar Avenue corridor near the East Parkway junction, where low-slung storefronts, local eateries, and everyday errands set a steady, lived-in rhythm. Nearby anchors such as the Memphis Botanic Garden, Dixon Gallery & Gardens, and the University of Memphis add a cultural thread to the area’s calm blocks. Architecture leans toward brick one-stories with carports, shaded setbacks, and mature trees. Green space and walking loops shape daily routines, with parkland and gardens close by. The geography reads as east-central Memphis, with major arterials framing quieter interior streets.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Level lot
Regular-shaped parcel
Curbs and gutters
Sidewalk
Fenced yard
Paved road frontage
Located in the city
Located in the Red Acres subdivision (between W. Galloway and Highland on the south side of Walnut Grove)
Home design
Land parcel zoned R
Adjacent area zoned for single-family
Construction
Recorded subdivision
Utilities
Electricity available
Natural gas available
Public water
Public sewer
Financial info
Annual city tax approximately $2,223
Annual county tax approximately $2,817
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10212036
Jan 2, 2026
Listed
$199,000
Memphis Area Association of Realtors(R) MLS #1
Apr 28, 2025
Price Changed
$199,000
Public Records
Dec 11, 2019
Sold
$199,000
Memphis Area Association of Realtors(R) MLS #307423
May 30, 2000
Sold
$156,000
Apr 14, 2000
Listed
$159,900
ADORABLE AND CHARMING DESCRIBES THIS PICTURE PERFECT HM. GREAT DECOR!! BEAUT COLORS & WALL PAPER, LARGE DINING RM, NICE SUNRM, PLANTATION SHUTTERS, WOOD & TILE FLRS, LRGE WOODEN DECK OVERLOOKS SPACIOUS FENCED YRD. WONT LAST!!!
Public Records
May 22, 1997
Sold
$120,000
Public Records
Sep 17, 1993
Sold
$89,500
Public Records
Feb 15, 1974
Sold
$32,500
Year
Property tax
Land + Additions
Assessment*
2025
$2,812 (−20.0%)
$53,350
2024
$3,513 (+8.1%)
$53,350
2023
$3,250
$53,350
2022
$3,250 (−1.2%)
$53,350
2021
$3,288 (−34.8%)
$53,350
2020
$5,040
$53,350
2019
$5,040
$53,350 + $16,200
$69,550
2018
$5,040 (+76.3%)
$53,350 + $16,200
$69,550
2017
$2,859 (+2.3%)
$53,350 + $16,200
$69,550
2016
$2,795
$53,350 + $16,200
$69,550
2014
$2,795
$53,350 + $10,625
$63,975
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
80 ft.
Lot depth
233 ft.
Lot size
0.43 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Shelby County
APN
044060 00004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 20 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
91
72
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3545 Walnut Grove Rd
$183,007
$16K under list price of $199K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $170K to $525K.