$83,000

3151 Princeton Ave Memphis, TN 38112

$986
Closing credit¹
3 beds
1 full
0.2 acres
House

Property details

About 3151 Princeton Ave

This house has a ton of potential and is down a street with multiple flips/turnkey properties that have sold for killer prices! Right in the heart of Binghampton, the area has been flush with investment over the last few years and is seeing solid improvement. New apartments and commercial spaces nearby, and right off of Sam Cooper Blvd - now is your chance to get in on the action here! This house is a 3/1 and is a pretty good size for the area. Brick home, with nice yard and solid bones to make into your next project to overhaul or just finish up the rent-ready and get a tenant in for $900-1100! Seller is selling as a part of a 1031 Exchange; Buyer will need to sign a doc acknowledging that while under contract. No seller-financing or creative offers; seller needs to sell outright.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.17 Acres
Year built1924
ParkingDriveway/Pad
MLS #10193797

Summary

  • MLS Number: 10193797
  • Office Name: Memphis Metro 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: 4/17/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style house with a porch and fence

$83,000

3151 Princeton Ave

$986

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 18, 2020
Home Sold
$35,250
Dec 12, 2008
Home Sold
$12,750
Aug 30, 1999
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2024$12,750$776
2023$12,750$776
2022$12,750$785
2021$12,750$785
2020$7,550$547
2019$7,550$547
2018$7,550$310
2017$7,550$275

History based on county public records data.

Nearby schools

3

Cornerstone Preparatory - Lester Campus

Public Charter PK-5

0.5 mi

320 Carpenter St

5

William H. Brewster Elementary School

Public Magnet PK-5

1.0 mi

2605 Sam Cooper Blvd

5

Treadwell Elementary School

Public Magnet PK-5

1.1 mi

3538 Given Ave

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 $32,181. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
40%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
21%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 3151 Princeton Ave

This home is located at 3151 Princeton Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $83,000.

Over 46 listings were sold over their listed price in March 2025 in Memphis, TN. In the same period over 216 listings were sold below the listed price and 105 listings were sold for the listed price. In March 2025 in Memphis, TN there were 14.8% more homes for sale than in February.

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

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