Foreclosure for Sale on Carnes Ave, Memphis, TN 38111

Foreclosures โ€บ Tennessee โ€บ Shelby โ€บ Memphis โ€บ Carnes Ave
Bank-owned REO foreclosure property at Carnes Ave, Memphis, TN 38111. 3 bed 1 bath 1,380 sq ft Shelby County foreclosure listing.
Foreclosure (REO) Active 23 days on market
Carnes Ave, Memphis, TN 38111
Price TBD
Shelby County ยท Tennessee
3
Bedrooms
1
Bathrooms
1,380
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,380 sq ft
County Shelby County
State Tennessee
ZIP 38111
Days on Market 23 days
Listing ID 66304496
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.

๐Ÿ“Š Shelby County Market ยท Updated daily
Active Listings
3,327
Avg. Est. Value
$125,092
Bank-Owned (REO)
551
Pre-Foreclosures
2,776

2,572 active foreclosure listings in Memphis, TN.

Browse all Shelby County foreclosures โ†’
โ“ 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 2,572 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 38111 ยท U.S. Census ACS
Population
42,322
Median Age
33.3 yrs
Households
17,569
Median Household Income
$50,151
Median Home Value
$149,300
Median Rent
$1,002/mo
Owner-Occupied
47% of homes
Vacancy Rate
12% of units
Unemployment Rate
8.7%

~22% 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 38111
๐Ÿซ Elementary
Arrow Academy of Excellence Charter
Grades Kโ€“5ยทMemphis ZIP 38111
๐ŸŽ“ High
East High
Grades 9โ€“12ยทMemphis ZIP 38111

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

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