8
See all 8 photos
$100,000
Est. payment /mo
1 Bed
1 Bath
1.14 Acres Lot
New
3083 SOUTHERN AVE Memphis, TN 38111
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Spottswood
MLS Listing ID 10228526
Style Other (See Remarks)
Bedrooms 1
Full Baths 1
Year Built 1930
Annual Tax Amount $662
Lot Size 1.140 Acres
Property Sub-Type Detached Single Family
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.
Location
State TN
County Shelby
Area Pendleton/Park
Rooms
Master Bedroom n/a
Kitchen Other (See Remarks)
Interior
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Parking Features Other (See REMARKS)
Pool None
Private Pool Yes
Building
Lot Description Level, Some Trees, Wooded
Story 2
Others
Miscellaneous Other (See REMARKS)
Listed by Elliot Cerezo • The Home Partners Realty
NEARBY SCHOOL & BUSINESS
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