Prime investment opportunity featuring a 46-unit apartment portfolio across six buildings, consisting of 35 two-bedroom, one-bath units and 11 one-bedroom, one-bath units. Located within walking distance of the University of Memphis, this property offers an excellent location for student housing and long-term rental demand. With 81 total bedrooms and 46 bathrooms, this is a great opportunity for investors seeking a sizable multifamily portfolio in a high-demand area.
For sale
$1,900,000
3439 Southern Ave, Memphis, TN 38111
--beds
--baths
7,000sqft
Multi Family
Built in 1966
-- sqft lot
$-- Zestimate®
$271/sqft
$-- HOA
What's special
- 19 days
- 232
- 31
Zillow last checked:
Listing updated:
Listed by:
Jeanette H Lin,
Pinnacle Realty 901-707-7700
Source: MAAR,MLS#: 10229457
Facts & features
Interior
Heating
- Other (See Remarks)
Cooling
- Other (See Remarks)
Appliances
- Laundry: None
Features
- Basement: Other (See Remarks)
Interior area
- Total interior livable area: 7,000 sqft
Property
Parking
- Parking features: Asphalt/Blacktop
Lot
- Size: 0.35 Acres
- Dimensions: 15350
Details
- Parcel number: 045119 00006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Roof: Other (See REMARKS)
Condition
- Year built: 1966
Community & HOA
Community
- Subdivision: Highland Ave
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $271/sqft
- Annual tax amount: $4,826
- Date on market: 8/31/2026
- Cumulative days on market: 20 days
- Listing terms: Other (Call LA)
- Lease term: Other (Call LA)
- Tenant pays: Other (Call LA)
Estimated market value
Not available
Estimated sales range
Not available
$956/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $1,900,000$271/sqft |
Source:  MAAR #10229457 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Colonial-Yorkshire
Similar homes
- $2,000,0005 bd7 ba7.2k sqft4348 Gwynne Rd, Memphis, TN 38117For Sale
MLS ID #10226650, Carrie E Benitone, Ware Jones, REALTORS. MAAR - $965,0004 bd4 ba3.9k sqft2884 Catawba Ln, Memphis, TN 38111For Sale
MLS ID #10230142, Lauren T Hill, Ware Jones, REALTORS. MAAR - $1,650,0005 bd6 ba7.6k sqft425 N River Oaks Rd, Memphis, TN 38120For Sale
MLS ID #10229508, Greg Renfrow, NextHome Cornerstone Realty. MAAR - $1,095,0004 bd7 ba5.3k sqft42 Wood Grove Rd, Memphis, TN 38117For Sale
MLS ID #10229833, Denise B Ware, Ware Jones, REALTORS. MAAR - $2,150,0005 bd3 ba3.6k sqft8643 Poplar Pike, Germantown, TN 38138For Sale
MLS ID #3205413, Robert Gorman. RealTracs MLS as distributed by MLS GRID
