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$130,000

2859 Nathan Ave Memphis, TN 38112

Multi-Family

Property details

About 2859 Nathan Ave

Cash flowing duplex in Binghamption with each side rented for $800/months! Currently there’s no central hvac so there’s room to add value. Lots of development in the area as well as ample shopping and dining options! Can be packaged with another cash flowing duplex close by! Please don’t disturbs tenants and make all offers contingent upon inspection.

Highlights

Home typeDuplex
HeatingNatural Gas
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1962
ParkingStreet Parking Only
MLS #10200423

Summary

  • Basement: Yes
  • Flooring Type: Other (See REMARKS)
  • Parking: Street Parking Only
  • Exterior: Brick Veneer
  • Architectural Style: Traditional
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • List Price: $130,000
  • Annual Tax Amount: $616
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: From I-40, travel West on Sam Cooper blvd to Carpenter st, head South on Carpenter st to Nathan Ave, turn right and property will be to the left.
  • Year Built: 1962
  • Stories: 1
  • MLS Number: 10200423
  • Office Name: Tri-Leake Realty

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: 7/10/2025, 7:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 12, 2022
Home Sold
$87,000
Oct 25, 2021
Home Sold
$55,000

Tax history

YearAssessmentProperty Tax
2024$10,120$616
2023$10,120$616
2022$10,120$274
2021$10,120$274
2020$17,120$1,240
2019$17,120$1,240
2018$17,120$703
2017$17,120$781

History based on county public records data.

Nearby schools

3

Cornerstone Preparatory - Lester Campus

Public Charter PK-5

0.2 mi

320 Carpenter St

5

William H. Brewster Elementary School

Public Magnet PK-5

0.4 mi

2605 Sam Cooper Blvd

5

Springdale Elementary School

Public Magnet PK-5

1.2 mi

880 N Hollywood St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,214. The most common annual income of people living in Memphis, TN is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

78%
<35k
22%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

59%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
12%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2859 Nathan Ave

The listing price of 2859 Nathan Ave property is $130,000.

The property 2859 Nathan Ave is a multi located in Memphis, Tennessee, 38112.

Active Listing: 2859 Nathan Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2859 Nathan Ave are: Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), William H. Brewster Elementary School (GreatSchools Rating 5/10), Springdale Elementary School (GreatSchools Rating 5/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Compass Community School Binghampton Campus (GreatSchools Rating 5/10), Maxine Smith Steam Academy (GreatSchools Rating 9/10), East High School (GreatSchools Rating 8/10), Middle College High School (GreatSchools Rating 7/10), Compass Community School Midtown Campus (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $616 (source: MLS/based on county public records data).

The last sale was on January 12, 2022 for $87,000 (source: MLS/tax record).

The year of construction for 2859 Nathan Ave is 1962.

This home is located at 2859 Nathan Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $130,000.

Over 73 listings were sold over their listed price in June 2025 in Memphis, TN. In the same period over 219 listings were sold below the listed price and 107 listings were sold for the listed price. Between May and June 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.9%. The median list price of listings available in June 2025 was $224,900, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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