3061 Southern Avenue

Memphis TN 38111

840 sq. ft.

0.22 ac.

Townhouse

Last sold for $45,000

Jonathan Nunez, last sold this property on 02 September 2026 after 182 days on market.

Overview

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!

Features

3 bedrooms

1 bathroom

840 sq. ft. floor area

0.22 ac. lot size

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Memphis over the last 12 months, the estimated median property value of 3061 Southern Avenue is $392k.

Median value

$392k

Estimated value range

$45k - $525k

Median days on market

136

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3061 Southern Avenue

2026

Sold

$45,000

02 Sep 2026 by Jonathan Nunez, of Fast Track Realty, LLC

2023

Sold

$53,000

05 Dec 2023 by Jonathan Nunez, of Fast Track Realty

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.