3397 SOUTHERN AVE Memphis, TN 38111

Motivated Seller – Bank Owned REO! Investors, here's your chance to grab a property priced well below market value. This historic 1912 home offers 3,799 sq ft with 8 bedrooms and 2.5 baths, just minutes from the University of Memphis. With endless renovation opportunity, this property is a blank canvas ready for transformation. Perfect for student housing, group housing potential, or even multi-family conversion (buyer to verify), the income-producing potential and high ROI are hard to ignore. Bring your contractor and vision—this home will require a full renovation, but the upside is tremendous. Appraised at $300,000+, now listed at only $140,901—this is a rare opportunity you don't want to miss. Utilities are off and will not be turned on for inspections. All room dimensions are estimates only. Buyer to verify zoning and future use. Some photos have been enhanced by AI.