Foreclosure for Sale on Fairlane Cv, Memphis, TN 38115

Foreclosures โ€บ Tennessee โ€บ Shelby โ€บ Memphis โ€บ Fairlane Cv
Pre-foreclosure property at Fairlane Cv, Memphis, TN 38115. 3 bed 2 bath 1,759 sq ft Shelby County foreclosure listing.
Pre-foreclosure Active 1 days on market
Fairlane Cv, Memphis, TN 38115
Price TBD
Shelby County ยท Tennessee
3
Bedrooms
2
Bathrooms
1,759
Sq ft
1968
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 2
Living area 1,759 sq ft
Year built 1968
County Shelby County
State Tennessee
ZIP 38115
Days on Market 1 days
Listing ID 66290283
About this property

This home in Memphis, TN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Shelby County Market ยท Updated daily
Active Listings
2,740
Avg. Est. Value
$129,998
Bank-Owned (REO)
481
Pre-Foreclosures
2,259

2,099 active foreclosure listings in Memphis, TN.

Browse all Shelby County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Shelby County foreclosures for additional guidance on the purchase process.
There are currently 2,099 active foreclosure listings in Memphis, TN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Memphis, TN Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 38115 ยท U.S. Census ACS
Population
36,574
Median Age
28.9 yrs
Households
16,236
Median Household Income
$39,176
Median Home Value
$117,400
Median Rent
$1,041/mo
Owner-Occupied
23% of homes
Vacancy Rate
15% of units
Unemployment Rate
7.8%

~9% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 38115
๐Ÿซ Elementary
Belle Forest Community School
Grades Pre-Kโ€“5ยทMemphis ZIP 38115
๐ŸŽ“ High
Bluff City High School Charter
Grades 9โ€“12ยทMemphis ZIP 38115

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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