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  • Zillow Home logoZestimate®
    $45,000

    3061 Southern Ave, Memphis, TN 38111

    3beds
    840sqft
    Residential
    Built in 1945
    9,583 Square Feet Lot
    $45,000 Zestimate®
    $54/sqft
    $1,155 Estimated rent

    Home value

    $45,000

    $43,000 - $47,000

    $1,155/mo

    Zestimate® history
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    What's special

    Unlock the incredible potential of this 3-bedroom, 1-bath home situated on a spacious, tree-lined lot, PLUS an additional home located on the property, offering even more possibilities. This property is a rare find for investors and visionaries alike. Whether you're looking for your next flip, a multi-unit rental opportunity, or a property with space for extended living, this one delivers flexibility and upside. The main home features a functional layout ready for your updates and creative vision. With the right improvements, it can truly shine and significantly increase in value. The generous lot provides ample space for outdoor living, expansion, or future enhancements to maximize returns. *The additional home on site opens the door to even more potential, rental income, guest house, in-law space, or renovation project. Buyers are encouraged to explore the possibilities and verify details to suit their needs. OWNER FINANCE available!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Nunez 901-453-8455,

    Fast Track Realty

    Bought with:

    Jonathan Nunez

    Fast Track Realty

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3531638MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Cooling
    • Other
    Features
    • Flooring: Other
    Interior area
    • Total structure area: 840
    • Total interior livable area: 840 sqft

    Property

    Parking
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 1
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 91 x 109
    Details
    • Parcel number: 045088 00003
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential
    Condition
    • New construction: No
    • Year built: 1945

    Community & HOA

    Community
    • Subdivision: Spottswood
    HOA
    • Has HOA: No
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $54/sqft
    • Tax assessed value: $67,800
    • Annual tax amount: $893
    • Date on market: 9/2/2026

    Price history

    DateEventPrice
    9/2/2026Sold$45,000-9.8%$54/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3531638 Report a problem
    8/21/2026Pending sale$49,900$59/sqft
    Source: MAAR #10215831 Report a problem
    7/9/2026Listed for sale$49,900$59/sqft
    Source: MAAR #10215831 Report a problem
    6/15/2026Pending sale$49,900$59/sqft
    Source: MAAR #10215831 Report a problem
    6/3/2026Price change$49,900-16.7%$59/sqft
    Source: MAAR #10215831 Report a problem
    5/21/2026Price change$59,900-7.7%$71/sqft
    Source: MAAR #10215831 Report a problem
    3/3/2026Listed for sale$64,900+22.5%$77/sqft
    Source: MAAR #10215831 Report a problem
    12/5/2023Sold$53,000$63/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3055417 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$893 +39.1%$16,950 +73.8%
    2024$642 +8.1%$9,750
    2023$594 $9,750
    2022-- $9,750
    2021-- $9,750 +20.7%
    2020$258 $8,075
    2019$258 -21.1%$8,075
    2018$327 -45.1%$8,075
    2017$596 +127.7%$8,075 +4.9%
    2016$262 -10.3%$7,700
    2014$292 $7,700
    2013-- $7,700 -15.8%
    2012-- $9,150
    2011-- $9,150
    2010-- $9,150
    2009-- $9,150 -1.3%
    2008-- $9,275
    2007-- $9,275
    2006-- $9,275
    2005-- $9,275 -15.1%
    2004-- $10,925
    2003-- $10,925
    2002-- $10,925
    2001-- $10,925 +2.8%
    2000-- $10,625
    Find assessor info on the county website

    Neighborhood: Colonial-Yorkshire

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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