About This Home
This 3-bedroom, 1-bathroom single family at 3061 SOUTHERN Ave in Memphis, TN is listed for $49,900 ($59 per sqft). Built in 1945, the home offers 840 sqft of living space on a 0.22 acres lot.
Key Features
- Built in 1945
- 0.22 acre lot
Property Details
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. OWNER FINANCE available!
Monthly Cost Estimate
$267/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3061 SOUTHERN Ave
Memphis, TN 38111
SPOTTSWOOD
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 3-bedroom, 1-bathroom single family at 3061 SOUTHERN Ave is listed at $49,900 ($59/sqft). The estimated monthly payment is $267 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.22 acre lot. Exterior Features: Iron Fence.
This property is listed by Jonathan Nunez and can be reached at 9014538455.
