About This Home

This 3-bedroom, 2-bathroom single family at 3240 N WATKINS St in Memphis, TN is listed for $80,000 ($50 per sqft). Built in 1940, the home offers 1,600 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1940
  • 0.17 acre lot

Property Details

1 story
2 half
1940

Amenities

A/C
Listing Description

Great opportunity! This property is currently zoned for commercial use and is ready to operate, but it can be converted to residential use by making interior modifications to meet residential code requirements. This property already features many important updates, including a new roof, HVAC system, water heater, fresh interior and exterior paint, an updated electrical system with new interior light fixtures, a new exterior door, a secure fenced lot, and a wooden deck.

Monthly Cost Estimate

$428/mo

20% down · 6.5% · 30 years

Principal$58
Interest$347
Insurance$23

Estimates only. Actual payments may vary.

Location

3240 N WATKINS St

Memphis, TN 38127

THRIFT FARM

Features & Amenities

Interior Features

All Window Treatments

Exterior Features

DeckWood Fence

Property Details

Outdoor Features

Deck

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 3240 N WATKINS St is listed at $80,000 ($50/sqft). The estimated monthly payment is $428 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.17 acre lot. Interior Features: All Window Treatments. Exterior Features: Deck, Wood Fence.

This property is listed by Africa McCloy.

AM

Africa McCloy

Agent at Crye-Leike Realtors

Listed by Crye-Leike Realtors · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10219048· Source: Memphis Area Association of Realtors®· 199 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3240 N WATKINS St, Memphis, TN 38127

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