85-Unit Townhome Rental
For Sale
Contact for pricing
3967 S 3rd St, Memphis, TN 38109
Gated rental community on nine acres featuring duplex-like townhomes with private backyard space for each side.
Property SizeContact for details
Lot Size9.30 Acres
Days on Market204
Property Features for 3967 S 3rd St
General Information
Standard status
Active
Lot size
9.30 Acres
Property subtype
LAND
Units
Unit Mix
18 x 2BR, 67 x 3BR
Multifamily Units
85
Listing Agency:
Braden, Braden & Braden LLC
(901) 881-2070
Listed By:
Curtis Braden · License #TN-284224
(901) 301-3691
Source:
Moodyscre
Added: Feb 23
Changed: Sep 7
Last Checked: Sep 14 at 10:43AM
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 Braden, Braden & Braden LLC
Investment Insights
Based on property information with market context.
Farm Hills Estate is a gated rental community comprising 85 townhomes on nine acres. The townhomes are duplex-like structures, with an entire unit on each side, and are designed to give residents private outdoor space, including backyards for grilling or enjoying nature.
Unit mix includes 18 two-bedrooms and 67 three-bedrooms. The community is located only three miles from Graceland Mansion and within a short walk to Levi Elementary.
The property’s configuration and unit variety make it well-suited for households looking for a townhome-style layout within a gated environment, with options across two- and three-bedroom floor plans.
Unit mix includes 18 two-bedrooms and 67 three-bedrooms. The community is located only three miles from Graceland Mansion and within a short walk to Levi Elementary.
The property’s configuration and unit variety make it well-suited for households looking for a townhome-style layout within a gated environment, with options across two- and three-bedroom floor plans.
Key Highlights
- Gated rental community with 85 townhomes on nine acres
- Duplex‑like townhome design with an entire unit on each side
- Private backyard space for residents on each side
Property Analytics
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Current Use
Lease Details
85
Residential units
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
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Business Placement
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Gated rental community on nine acres featuring duplex-like townhomes with private backyard space for each side.
Where is this apartment building located?
The property is located at 3967 S 3rd St Memphis, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Gated rental community with 85 townhomes on nine acres; Duplex‑like townhome design with an entire unit on each side; Private backyard space for residents on each side
