46-Unit Apartment
New
For Sale
$1,900,000
3439 Southern Ave, Memphis, TN 38111
Multifamily asset within walking distance of the University of Memphis.
Property Size7,000 SF
Price / SF$271.43
Days on Market2
Property Features for 3439 Southern Ave
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Multi-Family
Units
Unit Mix
35 x 2BR/1BA, 11 x 1BR/1BA
Multifamily Units
46
Building Details
Year Built
1966
Buildings
6
Listing Agency:
The Spruill Agency, LLC
Listed By:
Stacia Rosatti
(901) 270-9019
Source:
Staciarosatti
Added: Sep 1
Last Checked: Sep 1 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Spruill Agency, LLC
Investment Insights
Based on property information with market context.
This multifamily property comprises 46 apartment units distributed across six buildings. The unit mix includes 35 two-bedroom, one-bath residences and 11 one-bedroom, one-bath residences, providing 81 bedrooms and 46 bathrooms in total. Built in 1966, the property is located at 3439 Southern Ave in Memphis, Tennessee.
The community is within walking distance of the University of Memphis, placing the apartments near a major university campus. Its combination of multiple buildings, varied unit layouts, and proximity to the university supports both student-oriented and conventional residential occupancy considerations.
The community is within walking distance of the University of Memphis, placing the apartments near a major university campus. Its combination of multiple buildings, varied unit layouts, and proximity to the university supports both student-oriented and conventional residential occupancy considerations.
Key Highlights
- 46 apartment units across six buildings
- Unit mix includes 35 two‑bedroom, one‑bath units and 11 one‑bedroom, one‑bath units
- 81 total bedrooms and 46 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
46
Residential units
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Explore this area
Business Placement
Demographics for 38111, TN
40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily asset within walking distance of the University of Memphis.
Where is this apartment building located?
The property is located at 3439 Southern Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 46 apartment units across six buildings; Unit mix includes 35 two‑bedroom, one‑bath units and 11 one‑bedroom, one‑bath units; 81 total bedrooms and 46 bathrooms
