Southern Place Apartment
3465 Southern Ave, Memphis, TN 38111
For Sale
$1,667,500
Established multifamily property with the option to acquire individually or alongside a five-property apartment portfolio.
Property SizeContact for details
Days on Market103
Property Features for 3465 Southern Ave
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Units
Listing Agency:
Woodyard Realty Corporation
Listed By:
Steve Woodyard · License TN #217464
(901) 277-7731
Source:
Woodyardrealty
Added: Aug 4
Changed: Nov 12
Last Checked: Nov 12 at 5:50AM
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 Woodyard Realty Corporation
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Investment Insights
Based on property information with market context.
Southern Place Apartments is a 61,335-square-foot apartment building at 3465 Southern Avenue in Memphis, Tennessee. Constructed in 1985, the property is offered as an individual acquisition or as part of a larger apartment portfolio that includes Brister Place, University Highlands, Carnes Manor, and Casa del Rey.
The property is identified within the University of Memphis and East Memphis submarkets. Portfolio buyers may pursue all five properties together, while individual acquisition provides a separate path to ownership of Southern Place Apartments.
The property is identified within the University of Memphis and East Memphis submarkets. Portfolio buyers may pursue all five properties together, while individual acquisition provides a separate path to ownership of Southern Place Apartments.
Key Highlights
- 61,335‑square‑foot apartment building
- Built in 1985
- Located at 3465 Southern Avenue in Memphis, TN 38111
Property Analytics
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Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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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
$165,200
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Memphis, TN
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Established multifamily property with the option to acquire individually or alongside a five-property apartment portfolio.
Where is this apartment building located?
The property is located at 3465 Southern Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,667,500.
What are key features of this property?
This property features: 61,335‑square‑foot apartment building; Built in 1985; Located at 3465 Southern Avenue in Memphis, TN 38111
