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.
For sale
Price cut: $5K (7/10)
$80,000
3240 N Watkins St, Memphis, TN 38127
3beds
1,600sqft
Single Family Residence
Built in 1940
7,405 Square Feet Lot
$-- Zestimate®
$50/sqft
$-- HOA
What's special
Secure fenced lotNew roofWater heaterUpdated electrical systemNew exterior doorHvac systemWooden deck
- 100 days |
- 484 |
- 30 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Africa G McCloy,
Crye-Leike, Inc., REALTORS 901-756-8900
Source: MAAR,MLS#: 10219048
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Width: 0
Dining room
- Width: 0
Living room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Other (See REMARKS)
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Windows: Window Treatments
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Fencing: Wood,Brick/Iron Fenced,Wood Fence
Lot
- Size: 7,405 Square Feet
- Dimensions: 60 x 126
Details
- Parcel number: 072017 00021
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1940
Community & HOA
Community
- Subdivision: Thrift Farm
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $34,300
- Annual tax amount: $622
- Price range: $80K - $80K
- Date on market: 4/11/2026
- Cumulative days on market: 101 days
- Listing terms: Conventional,Lease to Purchase,Other (See REMARKS)
Estimated market value
Not available
Estimated sales range
Not available
$1,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $80,000-5.9%$50/sqft |
Source:  MAAR #10219048 Report a problem | ||
| 4/11/2026 | Listed for sale | $85,000+13.3%$53/sqft |
Source: MAAR #10219048 Report a problem | ||
| 1/31/2025 | Listing removed | $75,000$47/sqft |
Source: MAAR #10184199 Report a problem | ||
| 12/10/2024 | Price change | $75,000-5.1%$47/sqft |
Source: MAAR #10184199 Report a problem | ||
| 10/30/2024 | Listed for sale | $79,000+125.7%$49/sqft |
Source: MAAR #10184199 Report a problem | ||
| 9/30/2024 | Sold | $35,000+55.6%$22/sqft |
Source: Public Record Report a problem | ||
| 10/18/2021 | Sold | $22,500+87.5%$14/sqft |
Source: Public Record Report a problem | ||
| 8/18/2016 | Sold | $12,000-70.7%$8/sqft |
Source: MAAR #9983445 Report a problem | ||
| 6/2/1999 | Sold | $41,000+78.3%$26/sqft |
Source: Public Record Report a problem | ||
| 6/13/1996 | Sold | $23,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $723 +7.7% | $13,720 +34.5% |
| 2024 | $672 +8.1% | $10,200 |
| 2023 | $621 | $10,200 |
| 2022 | -- | $10,200 |
| 2021 | -- | $10,200 +20.9% |
| 2020 | $270 | $8,440 |
| 2019 | $270 -21.1% | $8,440 |
| 2018 | $342 -45.1% | $8,440 |
| 2017 | $623 +41.8% | $8,440 -34.7% |
| 2016 | $439 -13.7% | $12,920 |
| 2014 | $509 | $12,920 |
| 2013 | -- | $12,920 -19% |
| 2012 | -- | $15,960 |
| 2011 | -- | $15,960 |
| 2010 | -- | $15,960 |
| 2009 | -- | $15,960 +2% |
| 2008 | -- | $15,640 |
| 2007 | -- | $15,640 |
| 2006 | -- | $15,640 |
| 2005 | -- | $15,640 +55.8% |
| 2004 | -- | $10,040 +21.3% |
| 2003 | -- | $8,275 |
| 2002 | -- | $8,275 |
| 2001 | -- | $8,275 -1.8% |
| 2000 | -- | $8,425 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 1 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.4 mi
- $130,0003 bd1 ba-- sqft1824 Thrift Ave, Memphis, TN 38127Sold
- $14,2008,624 Square Feet3247 N Watkins St, Memphis, TN 38127Off Market
- $---- bd-- ba-- sqft3231 N Watkins St, Memphis, TN 38127Off Market
- $57,0003 bd1 ba1.6k sqft1833 Gregory Dr, Memphis, TN 38127Sold
- $14,2008,624 Square Feet3253 N Watkins St, Memphis, TN 38127Off Market
- $57,0003 bd2 ba1.6k sqft1833 Gregory Ave, Memphis, TN 38127Sold
- $75,1003 bd1 ba2k sqft1836 Thrift Ave, Memphis, TN 38127Off Market
- $10,0005,662 Square Feet3218 N Watkins St, Memphis, TN 38127Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $75,0003 bd1 ba1.2k sqft1823 Cedarhurst Ave, Memphis, TN 38127For Sale
MLS ID #10226324, Curtis W Bleeker, KAIZEN Realty, LLC. MAAR - $79,9003 bd1 ba1.2k sqft3285 Beechmont St, Memphis, TN 38127For Sale
MLS ID #10224860, Alexis Martz, Trelora Realty. MAAR - $80,0003 bd2 ba1.1k sqft2895 Overton Crossing St, Memphis, TN 38127For Sale
MLS ID #10221405, Duane J Kinnard, Tri-Leake Realty. MAAR - $85,0003 bd2 ba1.2k sqft3471 Gowan Dr, Memphis, TN 38127For Sale
MLS ID #10212910, James C Wachob, Foundation Property Management. MAAR - $69,9003 bd2 ba1k sqft2743 Woodlawn Ter, Memphis, TN 38127For SaleMLS ID #10220905, Scott Housewirth, Crye-Leike Inc., REALTORS. MAAR
- $89,9003 bd1 ba1.2k sqft4171 Cliffdale St, Memphis, TN 38127For SaleMLS ID #10225894, Carl E Purifoy, Trelora Realty. MAAR
- $88,9502 bd1 ba1.4k sqft2800 Mountain Terrace St, Memphis, TN 38127For SaleMLS ID #10219124, Sam F Hanks, Broker South Realty. MAAR
- $94,9003 bd2 ba1.2k sqft4100 Cliffdale St, Memphis, TN 38127For SaleMLS ID #10218426, Caleb Parr, Renshaw Company, REALTORS. MAAR
- $89,9003 bd1 ba854 sqft1937 Pinedale Ave, Memphis, TN 38127For SaleMLS ID #10223670, Dean Harris, CrestCore Realty MphsBrokerage. MAAR
- $80,0003 bd1 ba854 sqft4530 Beacon Hill Dr, Memphis, TN 38127For SaleMLS ID #10224156, Melissa Thompson, eXp Realty. MAAR
- $95,0002 bd1 ba1.1k sqft1688 S Winston Dr, Memphis, TN 38127For SaleMLS ID #10222375, Jeremy R Veldman, KAIZEN Realty, LLC. MAAR
- $80,0002 bd1 ba1k sqft3005 Sunrise St, Memphis, TN 38127For SaleMLS ID #10164228, James C Wachob, Foundation Property Management. MAAR
- $75,0003 bd1 ba1k sqft4499 Range Line Rd, Memphis, TN 38127For SaleMLS ID #10213163, Jeremy R Veldman, KAIZEN Realty, LLC. MAAR
- $84,0003 bd2 ba1.3k sqft3455 Ridgemont Rd, Memphis, TN 38128For SaleMLS ID #10224420, Donnie K Morrow, eXp Realty, LLC. MAAR
- $75,0003 bd1 ba845 sqft4522 Sunny View Dr, Memphis, TN 38127For SaleMLS ID #10198040, James C Wachob, Foundation Property Management. MAAR
- $86,5003 bd2 ba1.2k sqft1551 Victor St, Memphis, TN 38106For SaleMLS ID #10226499, Christine S Abston, REMAX Experts. MAAR
- $104,9003 bd2 ba1k sqft4094 Knob Dr, Memphis, TN 38127For SaleMLS ID #10221062, Dean Harris, CrestCore Realty MphsBrokerage. MAAR
- $80,0004 bd1 ba1.3k sqft948 Pearce St, Memphis, TN 38107For SaleMLS ID #10195804, Virgil D Pryor, Harris Realty Services. MAAR
- $79,9003 bd2 ba1k sqft4047 Chelsea Ave, Memphis, TN 38108For SaleMLS ID #10222910, Dean Harris, CrestCore Realty MphsBrokerage. MAAR
- $82,0003 bd1 ba903 sqft4575 Spring Glen Dr, Memphis, TN 38128For SaleMLS ID #10224142, Aaron Ivey, eXp Realty. MAAR
