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3366 E Shelby, Memphis, TN 38118

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For Sale

$55,000

2.98 acres

Estimated Payment

$ 343 /mo. †

6.65% APR for 30 yrs.
$731 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 3 acres
    Lot size

Explore this Property

**Prime Development Opportunity: 2.98 Acres on East Shelby Drive, Memphis, TN 38118** Seize the chance to own **2.98 wooded acres** in the heart of a **thriving Memphis community**, perfectly positioned for developers, builders, and visionaries! This rare gem offers the perfect canvas for **residential developments** or other creative projects, boasting the charm of Tennessee with easy access to **Mississippi s bustling shopping centers** and amenities. Conveniently located in a growing area, this property is zoned for **residential use and beyond**, making it an ideal investment for **new construction** or expanding your real estate portfolio. With its unbeatable location and the potential to bring your vision to life, this land is a must-see for anyone looking to build in a **friendly and welcoming community**. Don t miss out on this opportunity schedule a viewing today and start building your future!
MLS# 10187588

Courtesy Of PottersHouse Realty Llc

(844) 901-7355

Property Features

  • Architecture Style
    Other
  • Lot Size
    2.98 Acres

Map and Directions

Directions to 3366 E Shelby, Memphis, TN 38118

Home seller CENTURY 21 Patterson & Associates Real Estate Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Patterson & Associates Real Estate Co.

(901) 701-1064
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $282
  • Property Taxes
    $60
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $343

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Oakhaven Elementary School

Grades PK-5 Public School

Memphis, TN 38118 1.7 miles
3795 bishops bridge rd

506 total students
17:1 Student teacher ratio

School Rating: C

School Details

Oakhaven Middle School

Grades 6-8 Public School

Memphis, TN 38118 1.8 miles
3125 ladbrook rd

327 total students
21:1 Student teacher ratio

School Rating: D

School Details

Oakhaven High School

Grades 9-12 Public School

Memphis, TN 38118 1.8 miles
3125 ladbrook rd

391 total students
19:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Gardenview Elementary School 2.8 miles Public PK-5 C-
A. Maceo Walker Middle School 3 miles Public 6-8 C
Sheffield Elementary School 3.1 miles Public PK-5 C-
Shrine School 3.1 miles Public PK-12
Sheffield Career Technology Center 3.1 miles Public 10-12
Greenbrook Baptist Church Kindergarten 3.2 miles Private PK-KG
Oakshire Elementary School 3.2 miles Public PK-5 C
Robert R. Church Elementary School 3.2 miles Public PK-5 C
Greenbrook Elementary School 3.3 miles Public KG-2
Winchester Elementary School 3.3 miles Public PK-5 C+
Sheffield High School 3.3 miles Public 9-12 D-
Parkway Village Elementary School 3.5 miles Public PK-5 B-
Cromwell Elementary School 3.5 miles Public KG-5 C+
Knight Road Elementary School 3.5 miles Public PK-5
Freedom Preparatory Academy Whitehaven Elementary At Millbra 3.5 miles Public KG-5 D+
Goodlett Elementary School 3.6 miles Public PK-5
Memphis School Of Excellence 3.6 miles Public 6-12 C-

Gardenview Elementary School

Distance: 2.8 miles

Type Public

Grades: PK-5

C-

A. Maceo Walker Middle School

Distance: 3 miles

Type Public

Grades: 6-8

C

Sheffield Elementary School

Distance: 3.1 miles

Type Public

Grades: PK-5

C-

Shrine School

Distance: 3.1 miles

Type Public

Grades: PK-12

Sheffield Career Technology Center

Distance: 3.1 miles

Type Public

Grades: 10-12

Greenbrook Baptist Church Kindergarten

Distance: 3.2 miles

Type Private

Grades: PK-KG

Oakshire Elementary School

Distance: 3.2 miles

Type Public

Grades: PK-5

C

Robert R. Church Elementary School

Distance: 3.2 miles

Type Public

Grades: PK-5

C

Greenbrook Elementary School

Distance: 3.3 miles

Type Public

Grades: KG-2

Winchester Elementary School

Distance: 3.3 miles

Type Public

Grades: PK-5

C+

Sheffield High School

Distance: 3.3 miles

Type Public

Grades: 9-12

D-

Parkway Village Elementary School

Distance: 3.5 miles

Type Public

Grades: PK-5

B-

Cromwell Elementary School

Distance: 3.5 miles

Type Public

Grades: KG-5

C+

Knight Road Elementary School

Distance: 3.5 miles

Type Public

Grades: PK-5

Freedom Preparatory Academy Whitehaven Elementary At Millbra

Distance: 3.5 miles

Type Public

Grades: KG-5

D+

Goodlett Elementary School

Distance: 3.6 miles

Type Public

Grades: PK-5

Memphis School Of Excellence

Distance: 3.6 miles

Type Public

Grades: 6-12

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Memphis, TN 38118

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Memphis, TN 38118

This community’s employment is highest in the transportation and administrative support industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
30° January
Coldest Average Month
12,665 Total Households in Area
-1.2% Increase in population since the year 2010
38.8%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Memphis, TN 38118

Memphis, TN 38118 has a population of 37,657 people in 12,665 households with a median age of 29.8 years old.

-1.2%
Decrease in population
since the year 2010
Population is Trending down
13,050
Total households as of 2010
0.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 29.8 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 72%
Hispanic 20%
Other 16%
White 6%
Asian 1%
Native American <1%
The most prevalent ethnicity is Black at 72%, followed by Hispanic at 20%, Other at 16%, and White at 6%.

Economics
for Memphis, TN 38118

1,237 /sq mi
Population Density
$42,052 /yr
Median Household Income
$115,400
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.64% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 3%
  • Public Transit 2%
  • Walk or Bike 1%

Occupancy by Type

Rented 7,426 50%
Owned 5,239 35%
Vacant 2,307 15%

White vs Blue Collar Jobs







Blue Collar 52%
White Collar 48%

Family & Education Facts
for Memphis, TN 38118

29.8 Median Age

Average Household Size

3
persons per
household

26.4%

Married Households

Community Population By Education

High School Graduate 37%
Some College 25%
Some High School 21%
Bachelors Degree 8%
Associates Degree 6%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 37.32% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
38.8% of households have children

Weather
for Memphis, TN 38118

The weather for this area ranges from a high of 91° F in July to a low of 30° F in January

91° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
33°
53°
Mar
41°
62°
Apr
51°
72°
May
59°
80°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
74°
Nov
40°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Memphis, TN 38118!
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Copyright © 2025 Memphis Area Association of Realtors&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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