Briscoe Ellett III

3240 N Watkins St

Memphis, TN
$ 80,000 Beds 3 Baths 0 Sq 1,600
Monthly Estimate* How much can I afford?

Great opportunity! This property is currently zoned for commercial use and is ready to operate, but it can be converted to residential use by making interior modifications to meet residential code requirements. This property already features many important updates, including a new roof, HVAC system, water heater, fresh interior and exterior paint, an updated electrical system with new interior light fixtures, a new exterior door, a secure fenced lot, and a wooden deck.

Single Family

  • Price
  • $ 80,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 0
  • County
  • SHELBY
  • Half Bathrooms
  • 2
  • Area
  • Frayser - East
  • Lot Size
  • 0.17 Acres
  • Zip
  • 38127
  • Sqr Footage
  • 1,600
  • Year Built
  • 1940
  • Taxes
  • $ 622
  • Style
  • Traditional
  • MLS#
  • 10219048
Listed By: Crye-Leike, Inc., REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Roof Composition Shingles
Status Active
Half Baths 2
Legal Subdivision Name THRIFT FARM
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 727A
Parcel Number 072017 00021
Status Active
Annual City Tax 276
Annual County Tax 346
Sale/Rent For Sale
Area Frayser - East
Service Type Full Service Listing
Neighborhood Association None
Year Built 1940
Directions From 240 take Exit 3 to North Watkins St. The property is on your right.
City Memphis
DOM 166

Interior Features

Living Room Other (See Remarks)
Beds 3
Total Baths 0.2
Number of Rooms 6
Downstairs Bedrooms 2
MISC. INTERIOR All Window Treatments
FLOORS/CEILINGS Other (See REMARKS)
INTERIOR EQUIPMENT Other (See REMARKS)

Exterior Features

Foundation Conventional
Pool None
Lot 1
Lot Size Area 0.17
Water & Sewer Gas Water Heater
Lot Size 60X126
Parking Display No
Lot Description Wood Fenced,Brick/Iron Fenced
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Vinyl Siding
Misc. Exterior Deck,Wood Fence

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/11/2026 Listed $85,000
7/10/2026 6% - $80,000

Property vs Zip Code Average in 38127

Price
AVG $110K
$80K
Taxes
AVG $1,034
$622
Year Built
AVG 1964
1940
Visits
AVG 65
157
Data Provided by Inside Real Estate®

Areas That We Cover

3240 N Watkins St Memphis, TN is a Single Family Home for sale at $80000 with 1600 sqft and a lot size of 0.17 Acres Acre(s). 3240 N Watkins St Memphis has 3 bedrooms, 0 baths and was built in 1940. The property's zip code is 38127 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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