$4,750 Closing Credit¹
#10199302, Listing office: Pinnacle Realty
$349,000 List price
5077 S Third St Memphis, TN 38109
$4,144
Closing credit¹
4 beds
3 full
House
Property details
About 5077 S Third 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
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
- Exterior: Storage Building, Storage
- Architectural Style: Ranch
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $349,000
- 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: 6/27/2025, 7:45:28 PM 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 Third St
$4,144
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Ross Elementary School
Public District PK-5
0.7 mi
•4890 Ross Rd
3
Memphis Business Academy Hickory Hill Elementary School
Public Charter PK-2
0.7 mi
•4443 S Germantown Rd
6
Germanshire Elementary School
Public District PK-5
1.2 mi
•3965 S Germantown 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 $56,784. Residents of Memphis, TN typically earn between $35k-100k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
32%
<35k
55%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
26%
Single, No Kids
23%
Single, with Kids
23%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
14%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Soccer
Basketball
Horse Races
Where do the neighbors shop?
Burlington
Ross Dress For Less
Stein Mart
Where do the neighbors go to eat?
Wingstop
Jasons Deli
LongHorn Steakhouse
What do the neighbors drive?
Nissan
Acura
Buick
What do the neighbors listen to?
Christian Adult Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5077 S Third St
The listing price of 5077 S Third St property is $349,000.
The property 5077 S Third St is a house located in Memphis, Tennessee, 38109.
Active Listing: 5077 S Third St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5077 S Third St are: Ross Elementary School (GreatSchools Rating 5/10), Memphis Business Academy Hickory Hill Elementary School (GreatSchools Rating 3/10), Germanshire Elementary School (GreatSchools Rating 6/10), Memphis Business Academy Hickory Hill Middle School (GreatSchools Rating 4/10), Kirby Middle School (ASD) (GreatSchools Rating 3/10), Hickory Ridge Middle School (GreatSchools Rating 4/10), Kirby High School (GreatSchools Rating 2/10), Southwind High School (GreatSchools Rating 2/10), Power Center Academy High School (GreatSchools Rating 3/10).
The property at 5077 S Third St has 4 bedrooms and 3 bathrooms.
The year of construction for 5077 S Third St is 1985.
This home is located at 5077 S Third St in Memphis, TN and zip code 38141 in the Bennington Park neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $349,000.
While more than 70 listings in Memphis, TN in May 2025 were sold above asking price, there were more than 110 listings sold at asking price, and more than 263 were sold below. In May 2025 in Memphis, TN there were 11.3% more homes for sale than in April. 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.