Briscoe Ellett III

3083 Southern Ave

Memphis, TN
$ 95,000 Beds 1 Baths 1 Sq 1,080
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 95,000
  • City
  • Memphis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Pendleton-Park
  • Lot Size
  • 1.14 Acres
  • Zip
  • 38111
  • Sqr Footage
  • 1,080
  • Year Built
  • 1930
  • Taxes
  • $ 662
  • Style
  • MLS#
  • 10228526
Listed By: The Home Partners Realty
Data Source: Memphis MLS (MAAR)

Features

General

Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Status Active
Full Baths 1
Legal Subdivision Name SPOTTSWOOD
Style Other (See Remarks)
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 757B
Parcel Number 045088 00005
Status Active
Annual City Tax 324
Annual County Tax 338
Sale/Rent For Sale
Area Pendleton/Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1930
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.
City Memphis
DOM 39

Interior Features

Dining Room n/a
Living Room Other (See Remarks)
Living Room Dimensions n/a
Beds 1
Total Baths 1
Number of Rooms 3
FLOORS/CEILINGS Other (See REMARKS)

Exterior Features

Pool None
Lot 2
Lot Size Area 1.14
Lot Size 151X329
Parking Display No
Lot Description Wooded,Some Trees,Level
PARKING/STORAGE Other (See REMARKS)
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Other (See REMARKS)

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
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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

8/16/2026 Listed $100,000
9/21/2026 5% - $95,000

Property vs Zip Code Average in 38111

Price
AVG $250K
$100K
Taxes
AVG $3,234
$662
Year Built
AVG 1953
1930
Visits
AVG 83
18
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

3083 Southern Ave Memphis, TN is a Single Family Home for sale at $95000 with 1080 sqft and a lot size of 1.14 Acres Acre(s). 3083 Southern Ave Memphis has 1 bedrooms, 1 baths and was built in 1930. The property's zip code is 38111 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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