Discover a rare gem within the city limits of Memphis—a stunning 10.56-acre tract offering a world of potential. This property presents numerous opportunities, from multiple home sites to an ideal location for various businesses. Just 1.9 miles north of the MS/TN state line, the property has 565 feet of frontage on US Hwy 61, (aka The Blues Highway). The tract includes a well-maintained 1,972 sq ft brick home, built in 1985, offering 4 bedrooms, 3 baths, and a spacious 2-car garage. It is presently rented for $1,500/ month. The site also serves as the base for a general contractor business and includes a large shed with three 40-foot metal containers for material storage. The land itself is a mix of manicured turf grass covering 3.45 acres and 7.1 acres of mature hardwood timber, creating a versatile landscape. This rare property is an exceptional investment opportunity! Don't miss out on this unique offering!
For sale
$349,000
5077 S 3rd St, Memphis, TN 38109
4beds
--sqft
Est.:
Single Family Residence
Built in 1985
10.56 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Manicured turf grassMultiple home sitesMature hardwood timber
- 148 days
- on Zillow |
- 406 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 09:00am
Listed by:
William T Patton,
National Land Realty, LLC 901-481-5938
Source: MAAR,MLS#: 10192421

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Tile Floor, Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Private Full Bath, Tile Floor, Walk-In Closet(s)
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Features: Carpet
- Level: First
Primary bathroom
- Features: Full Bath
Kitchen
- Features: Eat-in Kitchen, Pantry, Washer/Dryer Connections
Living room
- Features: Great Room
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range/Oven, Dishwasher
- Laundry: Laundry Room
Features
- Walk-In Closet(s), All Bedrooms Down
- Flooring: Wood Laminate Floors, Part Carpet
- Windows: Window Treatments
- Attic: Pull Down Stairs
- Has fireplace: Yes
- Fireplace features: Presently Inoperative
Interior area
- Living area range: 1800-1999 Square Feet
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Storage
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 10.56 Acres
- Dimensions: 10.56 acres
- Features: Some Trees
Details
- Additional structures: Storage
- Parcel number: 08204400025
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $9,700
- Annual tax amount: $2,303
- Price range: $349K - $349K
- Date on market: 3/20/2025
- Loading
- Loading