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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.

Features
Swimming Pool:
No
Heating System:
Other (see Remarks)
Cooling System:
Other (see Remarks)
Fireplaces:
0
PARKING/STORAGE:
Other (see Remarks)
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
SPOTTSWOOD
Zipcode:
38111
Street:
SOUTHERN
Street Number:
3083
Street Suffix:
AVE
Floor Number:
0
Longitude:
W90° 2' 25.9''
Latitude:
N35° 6' 52.3''
Directions:
Take I-40 to I-240 W toward Jackson, MS. Take the Lamar Ave exit and continue toward Southern Ave. Turn onto Southern Ave and continue to 3083 Southern Ave, Memphis, TN.
MLS Addon
Agent ID:
20646
Status:
Active
Type:
Detached Single Family
# of Stories:
2
Lot Size:
151X329

Residential For Sale

3083 SOUTHERN AVE, Memphis, Tennessee 38111

1 Bedrooms
1 Bathrooms
0 Sqft
$100,000
Listing ID #10228526
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
10228526
Price :
$100,000
Bedrooms :
1
Bathrooms :
1
Full Bathrooms :
1
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1930
Lot Area :
1.14 Sqft
Status :
Active
Days On Market :
4
Contact Agent