Fantastic opportunity to build in the heart of Midtown Memphis! This level, build-ready lot offers utilities available at the road and a prime central location just minutes from Overton Park, the Memphis Zoo, restaurants, and entertainment. Whether you're looking to build your dream home or invest in one of Memphis' most central areas, this property offers incredible potential. Drive by anytime and see the possibilities for yourself!
Binghampton, located between Midtown and East Memphis, is a historic and industrial Memphis neighborhood with warehouse corridors and pocket parks. The neighborhood’s character concentrates around Broad Avenue and Tillman Street, where murals, maker studios, galleries, and small eateries line the blocks. Crosstown Concourse anchors daily life with food stalls, events, and coworking under one roof. The Broad Avenue Arts District adds a walkable strip of studios and storefronts set against brick buildings and rail-adjacent streets. Housing ranges from early 20th-century cottages to modest bungalows, with newer creative workspaces in converted structures. Greenway links and nearby trails shape a bike-forward rhythm across the grid.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Level terrain
Paved road frontage
Sidewalk
Home design
Land
Utilities
Electricity
Public sewer
Public water
Sale and tax history for 2425 Forrest Ave
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10232270
Oct 12, 2026
Listed
$29,000
Memphis Area Association of Realtors(R) MLS #1
Apr 2, 2026
Price Changed
$29,000
Dec 20, 2025
Price Changed
$32,000
Public Records
Mar 29, 1993
Sold
$38,000
Public Records
Dec 2, 1992
Sold
$48,296
Public Records
Jan 20, 1989
Sold
$43,500
Year
Property tax
Land + Additions
Assessment*
2025
$461 (+27.3%)
$8,750
2024
$362 (+8.1%)
$8,750
2023
$335 (−1.2%)
$5,500
2021
$339 (−14.9%)
2020
$399 (−78.6%)
$5,500
2019
$1,862
$5,500
2018
$1,862 (+76.3%)
$5,500 + $20,200
$25,700
2017
$1,056 (−6.3%)
$5,500 + $20,200
$25,700
2016
$1,127
$5,500 + $20,200
$25,700
2014
$1,127
$6,450 + $19,350
$25,800
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
50 ft.
Lot depth
133 ft.
Lot size
6,600 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Shelby County
APN
033001 00052
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
7/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38112
Average low and high temperatures (°F)
46
30
57
38
71
50
77
58
79
63
88
72
92
77
90
71
87
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
57/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.7 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2425 Forrest Ave
$29,053
$53 over list price of $29K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $41K to $210K.