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Commercial > Specialty
Active
02/05/2025
List Price
$150,000

618 3rd St
Memphis, TN 38107

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    • -
      Bed
    • -
      Bath
    • 544
      ft²
      Living Area
    • 8,538
      ft²
      Lot Size
    • -
      Pool
    • -
      Car
    • 1940
      Year Built
    • 174
      DOM
    • -
      Permit
    Malobo BannerMalobo Banner Square
    618 3rd St, Memphis, TN 38107 is a 544 ft² commercial specialty property property built in 1940 on a 0.196 acre lot. This commercial specialty property is currently on the market for $150,000.

      MLS Description

      The listing agent's description. Original Listing

      Conveniently located on a corner across from other businesses, these 2 for 1 lots would be perfect for apartments, townhomes, or single-family homes! This robust area is located within walking distance of St. Jude Children's Research Hospital, & Bass Pro Shops at The Pyramid. Just minutes away from downtown Memphis, The Mississippi River, Beale Street, FedExForum, The Orpheum Theatre, & Harbor Town, this location is the ideal spot for downtown living!! The property is surrounded by nicely paved alleyways & streets, has a concrete perimeter, & sidewalks on the front. All vehicles will be removed from the lots prior to closing. This lot is sold along with the lot next to it for one price, $150,000. The address to the lot next to it is: 620 N. Third St, Memphis, TN 38107, Parcel ID: 001075 00010. Only the lots are for sale. The seller is motivated. Price is negotiable.

      Listing Agents

      The listing agent for 618 3rd St is Pariss Smith, BPS.

        PS

        Pariss Smith, BPS

        KAIZEN Realty, LLC

        Phone: (901) 221-4041

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2023$884.51
        From latest Total Assessed Value6.09%
        Total Assessed Value$14,520
        =
        Land
        Assessed Value        $9,200
        +
        Additions
        Assessed Value        $5,320

        • In 2023, taxes billed for 618 3rd St were $884.51, which is 6.09% from latest Total Assessed Value of $14,520.

      Property History

      618 3rd St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 618 3rd St

      • Hazard Risks

        Earthquake
        293
        Wind
        279
        Hail
        263
        Lead
        252
        Tornado
        237
        Weather
        160
        Ozone
        134
        Air Pollution
        130
        Nat'l Avg
        100
        Particulates
        92
        Carb Mono
        88
        Hurricane
        79

        • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 618 3rd St.

        Walkability Index

        18 /20

        Most Walkable

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        618 3rd St has a walkability score of 18 out of 20, which means that it is in a most walkable area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        42 °F

        Low

        32°F

        High

        51°F

        Summer
        Average

        80 °F

        Low

        69°F

        High

        90°F

        In the winter at 618 3rd St, temperatures range from 32.27°F to 50.8°F with an average of 41.54°F. In the summer, the temperature ranges from 69.19°F to 89.97°F with and average of 79.58°F.

      School Information

      Public/private schools serving 618 3rd St

        Public Schools

        Humes Preparatory Academy (ASD)
        Grades: 6-8
        0.58  mi
        C-
        Manassas High School
        Grades: 9-12
        0.90  mi
        D-
        Downtown Elementary School
        Grades: PK-5
        1.15  mi
        D+
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 618 3rd St have ratings undefined, undefined, and undefined.

      Neighborhood

      This property is located in Downtown, Memphis, TN 38107.

        Crime Index for 38107

        169

        High Crime Index
        169

        The crime index in 38107 is 169, which is 1.7 times higher than national average.

      • Seasonal Housing units 38107

        4%

        of housing is for seasonal rent.

        Daytime Population for 38107

        -25%

        of people during work hours.

      Market Trends

      Historical market data near 618 3rd St over selected time period.

      Copyright © 2025 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.

      Nearby Properties on 3rd St

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