38104 — Memphis, TN

Pre-Foreclosure Leads in
38104 — Midtown Memphis

$245,000 Avg Price

38104 — Midtown Memphis — Area Profile

Midtown Memphis is the cultural heart of the city — home to Overton Park, the Memphis Zoo, and Cooper-Young, one of the trendiest neighborhoods in the Mid-South. The 38104 zip code is a prime flip market: 1920s-1950s bungalows and Craftsman homes on tree-lined streets are being renovated and resold for $320K-$450K. Pre-foreclosure sellers here are often long-term residents on fixed incomes facing property tax increases driven by rapid neighborhood appreciation. The AI reaches these sellers before realtors do.

FAQ — 38104

What makes 38104 Midtown a strong flip market?
Midtown has the highest appreciation rate in Memphis — 12% year-over-year in Cooper-Young and Overton Square. A pre-foreclosure bungalow acquired at $140K-$180K with $50K-$70K in rehab sells at $320K-$450K. The AI finds these sellers while they're still in the early default stage, before they list with a realtor or explore other options.

Other Zip Codes

38103 — Downtown Memphis 38109 — Whitehaven 38118 — Hickory Hill
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