# 3061 SOUTHERN Ave, Memphis, TN 38111

> **TL;DR:** 3bd/1ba single family, $49,900 ($59/sqft), built 1945, 840 sqft. Est. $267/mo. Listed 129 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $49,900 |
| Price/sqft | $59 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 840 |
| Year Built | 1945 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 129 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $252 |
| Estimated Insurance | $15 |
| **Total** | **$267** |

## Property Highlights

- Built in 1945
- 0.22 acre lot

## Description

### Agent 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. OWNER FINANCE available!

## Location

- **Address:** 3061 SOUTHERN Ave, Memphis, TN 38111
- **County:** Shelby
- **Neighborhood:** SPOTTSWOOD
- **Coordinates:** 35.114965, -89.960192
- **Google Maps:** https://www.google.com/maps?q=35.114965,-89.960192

## Listing Agent

- **Name:** Jonathan Nunez
- **Brokerage:** Fast Track Realty, LLC
- **Phone:** 9014538455

## Primary Photo

![3061 SOUTHERN Ave - Primary Photo](http://lh.rdcpix.com/23d6852003eba8b597d7daa075d0bcefl-f2187753203r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.ai/listing/3061-southern-ave-memphis-tn-38111-10215831)*

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**MLS#:** 10215831 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/3061-southern-ave-memphis-tn-38111-10215831)

---

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