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Image 1 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 2 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 3 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 4 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 5 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 6 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 7 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Image 8 - 3975 Southlawn Avenue, Memphis, TN 38111, USA - House for sale
Home For Sale In Memphis, Tennessee
3975 Southlawn Avenue, Memphis, TN 38111, USA

Home For Sale In Memphis, Tennessee

house for sale
Listed: 04/17/24

3975 Southlawn Avenue, Memphis, TN 38111, USA

10 Bed:
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Price
$ 539,000

About This House

$89k/Unit for this East Memphis 6-Unit! Property is located 2.4 miles from University of Memphis. Fully occupied and bringing in$4, 400per month with a proforma/potential rent of$5, 500+. $85k+ in capital improvements in the last 24 months to include: Interior Renovation, New Roof, Perimeter Fence, HVAC,Exterior Lighting, Tree Removal and more. Tenants pay all utilities other than water . do not disturb tenants. Accepted offer needed before touring.

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Memphis Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In April 2024, the asking price for 2 bed houses for sale in/near Memphis, United States averaged $168,082, staying on the same level compared to the previous month.
Median price trends for properties for sale in Memphis, United States as of April 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.