46-Unit Apartment
New
For Sale
$1,900,000
3439 SOUTHERN Ave, Memphis, TN 38111
Multi-Family, Memphis, TN
Property Size7,000 SF
Price / SF$271.43
Days on Market1
Property Features for 3439 SOUTHERN Ave
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Subdivision
HIGHLAND AVE
Standard status
Active
Size
7,000 SF
Taxes and HOA fees
Tax Annual Amount
2463
Building Details
Year built
1966
Listing Agency:
Pinnacle Realty
(901) 707-7700
Listed By:
Jeanette Lin · License #318772
(901) 335-7447
Added: Aug 31
Last Checked: Aug 31 at 6:06PM
MLS# 10229457
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily portfolio includes 46 apartment units arranged across six buildings. The unit mix comprises 35 two-bedroom, one-bath residences and 11 one-bedroom, one-bath residences, totaling 81 bedrooms and 46 bathrooms. The buildings date to 1966.
Located at 3439 Southern Ave in Memphis, the property is within walking distance of the University of Memphis. Its unit mix and proximity to the university support consideration for student housing or longer-term residential rental use, as described in the property information.
Located at 3439 Southern Ave in Memphis, the property is within walking distance of the University of Memphis. Its unit mix and proximity to the university support consideration for student housing or longer-term residential rental use, as described in the property information.
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 - Six-building multifamily property near 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
