5077 S Third St, Memphis, TN 38109

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$349,000

bedrooms

bathrooms

square feet

1,972

Acreage

10.56

Open Houses

year built

Full Baths

Half Baths

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Discover a rare gem within the city limits of Memphis—a stunning 10.56-acre tract offering a world of potential. This property presents numerous opportunities, from multiple home sites to an ideal location for various businesses. Just 1.9 miles north of the MS/TN state line, the property has 565 feet of frontage on US Hwy 61, (aka The Blues Highway). The tract includes a well-maintained 1,972 sq ft brick home, built in 1985, offering 4 bedrooms, 3 baths, and a spacious 2-car garage. It is presently rented for $1,500/ month. The site also serves as the base for a general contractor business and includes a large shed with three 40-foot metal containers for material storage.   The land itself is a mix of manicured turf grass covering 3.45 acres and 7.1 acres of mature hardwood timber, creating a versatile landscape. This rare property is an exceptional investment opportunity! Don't miss out on this unique offering!

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Open houses

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MLS number: 11339072

Listing agent: Bill Patton

Listing broker: National Land Realty, Memphis, Tn (855) 384-5263

Last update: Wednesday, January 15 2025 at 2:10 a.m. EST

Kotohomes National