Foreclosure for Sale on Gates Cv, Memphis, TN 38115

Foreclosures › Tennessee › Shelby › Memphis › Gates Cv
Bank-owned REO foreclosure property at Gates Cv, Memphis, TN 38115. Shelby County foreclosure listing.
Foreclosure (REO) Active 57 days on market
Gates Cv, Memphis, TN 38115
Price TBD
Shelby County · Tennessee
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Property details
Listing type Foreclosure
Property type Condo
County Shelby County
State Tennessee
ZIP 38115
Days on Market 57 days
Listing ID 65890629
About this property

This Memphis, TN property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Shelby County Market · Updated daily
Active Listings
2,542
Avg. Est. Value
$130,164
Bank-Owned (REO)
446
Pre-Foreclosures
2,096

1,945 active foreclosure listings in Memphis, TN.

Browse all Shelby County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
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 1,945 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 — 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 — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

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

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Memphis, TN Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 38115 · 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)
🏫 Schools · NCES 2024–25
Schools in ZIP 38115
🏫 Elementary
Belle Forest Community School
Grades Pre-K–5·Memphis ZIP 38115
🎓 High
Bluff City High School Charter
Grades 9–12·Memphis ZIP 38115

Source: NCES CCD 2024–25 · nces.ed.gov

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