# 3540 MARION Ave, Memphis, TN 38111

> **TL;DR:** 4bd/2ba single family, $140,000 ($100/sqft), built 1950, 1,405 sqft.
> A/C. Est. $749/mo. Listed 137 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $140,000 |
| Price/sqft | $100 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,405 |
| Year Built | 1950 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 137 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $708 |
| Estimated Insurance | $41 |
| **Total** | **$749** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.18 acre lot

## Description

### Agent Description
30k price reduction! Awesome opportunity available in Colonial Heights just moments from the University of Memphis. This four bedroom two bathroom home could make a great home, rental or flip! Priced below ARV! This property features low maintenance vinyl flooring, modern light fixtures, a true primary suite, a great looking roof, and a great back yard. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance.

## Location

- **Address:** 3540 MARION Ave, Memphis, TN 38111
- **County:** Shelby
- **Neighborhood:** GOODMAN BROTHERS COLONIAL HEIGHTS
- **Coordinates:** 35.109172, -89.944527
- **Google Maps:** https://www.google.com/maps?q=35.109172,-89.944527

## Listing Agent

- **Name:** William Haynes
- **Brokerage:** Crye-Leike, Inc., REALTORS
- **Phone:** 8654541124

## Primary Photo

![3540 MARION Ave - Primary Photo](http://lh.rdcpix.com/8c2edacf2bcdf1b3ef3a185796e45292l-f1949745746r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.ai/listing/3540-marion-ave-memphis-tn-38111-10214825)*

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**MLS#:** 10214825 | **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/3540-marion-ave-memphis-tn-38111-10214825)

---

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