Rare 1.14-acre investment opportunity with excellent redevelopment and value-add potential. This level lot features two existing structures ready for renovation or repositioning, giving investors multiple possibilities to create income-producing space or pursue a larger redevelopment plan, subject to zoning and applicable approvals. The smaller mobile home located beside the main structure will be removed prior to closing. The property also features a large concrete driveway and a substantial detached metal double-carport/covered structure that will remain with the sale. Surrounded by new construction and continued investment in the area, this property offers a unique combination of usable acreage, existing improvements, and flexibility for a variety of future plans. With larger parcels becoming increasingly difficult to find nearby, 3083 Southern presents an opportunity for an investor, builder, or developer to bring their vision to life.
Listed By
Agency Name: The Home Partners Realty
Agency Phone: 901-305-6047
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimated Payment
$ 629.63 per month $600.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $29.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
3083 Southern Ave | MLS# 10228526
This single family home located at 3083 Southern Ave, Memphis, TN 38111 is currently listed for sale with an asking price of $100,000. This property was built in 1930 and has 1 bedrooms and 1 full baths. Southern Ave is located in the SPOTTSWOOD subdivision. Search SPOTTSWOOD real estate on www.localagencyrealty.com today.