3439 SOUTHERN AVE Memphis, TN $ 1,900,000
3439 SOUTHERN AVE
$ 1,900,000
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3439 SOUTHERN AVE

Memphis, TN, 38111
$ 1,900,000
Bedrooms68 Baths46.0 Sq 7,000

Monthly Estimate*

$ 11,997

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Multi-Family Home for sale in Memphis, TN

for $1,900,000 with 68 bedrooms and 46 full baths. This 7,000 square foot home was built in 1966.

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.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

68

Full Bath

46

Property Type

Multi-Family

Taxes

$ 4,826

Style

Apartment Building

Year Built

1966

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10229457

Features
General
Roof Other (See REMARKS)
Construction Other (See Remarks)
Status Active Active
Legal Subdivision Name HIGHLAND AVE
County Shelby
Class Multi-Family
Laundry Y/N None
Type Apartment Building
Area 757B Pendleton/Park
Parcel Number 045119 00006
Sale/Rent For Sale
Status Detail 0
Year Built 1966
Directions Get on I-40 E Continue on I-40 E. Take Lamar Ave to S McLean Blvd Follow Southern Ave to Pruett Ct
City Memphis
DOM 0
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Exterior
Foundation Other (See Remarks)
Lot EPT36
Number of Buildings 5
Lot Size 15350
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Pinnacle Realty

Broker

Affordability Calculator

$12,399
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,997
Monthly Property Taxes
$402
Monthly Home Insurance
--
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.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$1,900,000 Listed Price

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3439 SOUTHERN AVE, Memphis, TN, 38111 is a Multi-Family Home for sale at $1,900,000 with 7,000 sqft. 3439 SOUTHERN AVE has 68 bedrooms, 46.0 baths, and was built in 1966. The property's zip code is 38111 which is in Memphis, TN