$891 Closing Credit¹
#10193204, Listing Office: Epique Realty
$349,000 List price
5077 S 3rd St Memphis, TN 38109
$4,144
Closing credit¹
4 beds
3 full
House
Property details
About 5077 S 3rd St
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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
Year built1985
ParkingDriveway/Pad, Garage
MLS #10192421
FireplacePresently Inoperative
Summary
- Full Bathrooms: 3
- Appliances: Range, Oven, Dishwasher
- Flooring Type: Wood Laminate Floors, Part Carpet
- Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs
- Fireplace: Presently Inoperative
- Total Bedroom Count: 4
- Parking: Driveway/Pad, Garage
- Exterior: Storage Building, Storage
- Architectural Style: Ranch
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $349,000
- Annual Tax Amount: $1,982
- Tax Year: 2024
- Lot: Few Trees, Fencing
- Directions: From Memphis proper, take S Third St (US Hwy 61) southward for 5.6 miles to 5077 S Third. Property is on the right (west side). From MS stateline on US Hwy 61 continue northeast for 1.9 miles and property is on the left.
- Year Built: 1985
- Stories: 1
- MLS Number: 10192421
- Office Name: National Land Realty, LLC
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$349,000
5077 S 3rd St
$4,144
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 18, 2009 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $32,550 | $1,982 |
| 2023 | $32,550 | $1,982 |
| 2022 | $32,550 | $2,067 |
| 2021 | $33,550 | $2,067 |
History based on county public records data.
Nearby schools
4
Double Tree Elementary School
Public Magnet PK-5
1.0 mi
•4560 Double Tree Rd
5
Freedom Preparatory Academy Westwood Elementary at Parkrose
Public Charter KG-5
1.2 mi
•778 Parkrose Ave
3
Geeter School
Public District PK-5
1.9 mi
•4649 Horn Lake Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,227. The majority of Memphis, TN residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
53%
35k-100k
19%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
19%
Single, with Kids
27%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Figure Skating
Extreme Sports
Where do the neighbors shop?
Dollar General
Kmart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Little Caesars
What do the neighbors drive?
Ram
Buick
Chevrolet
What do the neighbors listen to?
Classic Country
Oldies- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5077 S 3rd St
The listing price of 5077 S 3rd St property is $349,000.
The property 5077 S 3rd St is a house located in Memphis, Tennessee, 38109.
Active Listing: 5077 S 3rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5077 S 3rd St are: Double Tree Elementary School (GreatSchools Rating 4/10), Freedom Preparatory Academy Westwood Elementary at Parkrose (GreatSchools Rating 5/10), Geeter School (GreatSchools Rating 3/10), Chickasaw Middle School (GreatSchools Rating 2/10), J. P. Freeman Elementary/Middle (GreatSchools Rating 8/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Westwood High School (GreatSchools Rating 3/10), Freedom Preparatory Academy Flagship (GreatSchools Rating 4/10), Fairley High School (ASD) (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,982 (source: MLS/based on county public records data).
The last sale was on November 18, 2009 for $180,000 (source: MLS/tax record).
The property at 5077 S 3rd St has 4 bedrooms and 3 bathrooms.
The year of construction for 5077 S 3rd St is 1985.
This home is located at 5077 S 3rd St in Memphis, TN and zip code 38109 in the Westwood Shores neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $349,000.
Memphis, TN housing market in May 2025 saw over 70 listings sold above listed price, more than 110 sold at listed price and over 263 sold below. Between April and May 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.3%. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.