$64,900

3061 SOUTHERN AVE, Memphis, TN 38111

3 beds |
1 bath |
840 sqft

Single-Family Home
Built in 1945
9,583sqft lot
—— car garage
$77/sqft
Listed 1 day ago

Property Description

Unlock the incredible potential of this 3-bedroom, 1-bath home situated on a spacious, tree-lined lot, PLUS an additional home located on the property, offering even more possibilities. This property is a rare find for investors and visionaries alike. Whether you're looking for your next flip, a multi-unit rental opportunity, or a property with space for extended living, this one delivers flexibility and upside. The main home features a functional layout ready for your updates and creative vision. With the right improvements, it can truly shine and significantly increase in value. The generous lot provides ample space for outdoor living, expansion, or future enhancements to maximize returns. *The additional home on site opens the door to even more potential, rental income, guest house, in-law space, or renovation project. Buyers are encouraged to explore the possibilities and verify details to suit their needs.*

Listing Status:: Active
Date Added:: March 3, 2026
Data Last Updated:: March 4, 2026 at 4:44AM
Listing Office:: Fast Track Realty, LLC : 901-767-8770
MLS ID:: 10215831

Rooms: 6
Flooring: Other (See REMARKS)
A/C: Other (See REMARKS)
Heating: Other (See REMARKS)

General: Vinyl SidingIron Fence
Style: Traditional
Pool: None
Parking: Driveway/PadOther (See REMARKS)

General: 1

County: Pendleton/Park

Zoning: 045088 00003

This listing courtesy of Fast Track Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Arrow Academy of Excellence

645 Semmes St, Memphis, TN, 38111

Grades KG-5

0.08 miles away

Sherwood Middle School

3480 Rhodes Ave, Memphis, TN, 38111

Grades 6-8

1.31 miles away

Melrose High School

2870 Deadrick Ave, Memphis, TN, 38114

Grades 9-12

0.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.