3083 Southern Ave, Memphis, TN 38111

$100,000
  • 3083 Southern Ave, Memphis, TN 38111 Main Photo

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Active
BEDS1 BATHS1 full MLS#10228526
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSPOTTSWOOD

Property Description

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.

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.

Property Features

Property Type: Residential - Single Family
Home Style: Other (See Remarks)
Lot Size: 1.14 Acres
Year Built: 1930

Feature Descriptions

Days on Site: 14
Lot: Wooded, Some Trees, Level
Total Rooms: 3

Room Sizes

Primary Bedroom: n/a
Living room: n/a

Listed By / Shown By

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

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Estimate Your Payment

Estimated Payment

$ 629.63 per month $600.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $29.17 Homeowner's Insurance

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