Commercial Land with Existing
For Sale
$350,000
3604 Midland Ave, Memphis, TN 38111
Former fraternity house near the University of Memphis, offered as-is with substantial repairs needed.
Property SizeContact for details
Days on Market48
Property Features for 3604 Midland Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Neighborhood
University Neighborhoods Development Corp.
Building Details
Year Built
1950
Listing Agency:
Crye-Leike, Inc., REALTORS
Listed By:
Tyler Tapley · License #296080
(901) 871-1290
Source:
Bryanrealty
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 7 at 2:24PM
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 Crye-Leike, Inc., REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land offering includes a former fraternity house positioned near the University of Memphis. The existing structure is being sold as-is and requires substantial repairs, while the site may also be evaluated for redevelopment based on its commercial land classification.
A circular driveway provides on-site parking, and a completed development is located across the street. The property is at 3604 Midland Ave in Memphis, Tennessee, placing the site in an established university-area setting.
A circular driveway provides on-site parking, and a completed development is located across the street. The property is at 3604 Midland Ave in Memphis, Tennessee, placing the site in an established university-area setting.
Key Highlights
- Commercial land with a former fraternity house
- Near the University of Memphis
- Existing structure sold as‑is
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
699
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Former fraternity house near the University of Memphis, offered as-is with substantial repairs needed.
Where is this commercial land located?
The property is located at 3604 Midland Ave Memphis, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Commercial land with a former fraternity house; Near the University of Memphis; Existing structure sold as‑is
