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$1,290,000

3250 Guernsey Ave Memphis, TN 38112

Multi-Family

Property details

About 3250 Guernsey Ave

Excellent investment opportunity! Some units need work/rehab. Each unit is metered. Roof is less than three years old. Some units have two year old water heaters. Renovation in 2022/2023. MHA contracts in hand.

Highlights

Home typeMulti Family
HeatingNatural Gas, Wall Furnace
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1964
ParkingGravel
MLS #10192434

Summary

  • Basement: Yes
  • Flooring Type: Vinyl Floor
  • Parking: Gravel
  • Exterior: Sidewalks, Some Landscaping, Brick/Stone Fence, Chain Fence
  • Heating: Natural Gas, Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • List Price: $1,290,000
  • Annual Tax Amount: $7,080
  • Tax Year: 2024
  • Directions: Going west on Sam Cooper, take the Highland Exit to the right and go north on Highland. Turn left on Summer and right on Holmes. Turn left on Guernsey and apartment building will be on your right.
  • Year Built: 1964
  • Stories: 2
  • MLS Number: 10192434
  • Office Name: REMAX Experts

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: 7/23/2025, 2:45:27 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
Jul 01, 2022
Home Sold
$900,000
Mar 22, 2017
Home Sold
$180,000
Apr 11, 2011
Home Sold
$80,000
Mar 08, 2007
Home Sold
$240,000
Dec 15, 2006
Home Sold
$119,000
Jan 17, 2002
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2024$116,240$7,080
2023$116,240$7,080
2022$116,240$7,163
2021$116,240$7,163
2020$75,200$5,448
2019$75,200$5,448
2018$75,200$3,090
2017$75,200$1,223

History based on county public records data.

Nearby schools

5

Treadwell Elementary School

Public Magnet PK-5

0.6 mi

3538 Given Ave

5

Springdale Elementary School

Public Magnet PK-5

1.3 mi

880 N Hollywood St

3

Cornerstone Preparatory - Lester Campus

Public Charter PK-5

1.3 mi

320 Carpenter 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 $26,020. The majority of Memphis, TN residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

76%
<35k
24%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
32%
Single, with Kids
11%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3250 Guernsey Ave

The listing price of 3250 Guernsey Ave property is $1,290,000.

The property 3250 Guernsey Ave is a multi located in Memphis, Tennessee, 38112.

Active Listing: 3250 Guernsey Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3250 Guernsey Ave are: Treadwell Elementary School (GreatSchools Rating 5/10), Springdale Elementary School (GreatSchools Rating 5/10), Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), Treadwell Middle School (GreatSchools Rating 4/10), Douglass School (GreatSchools Rating 3/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Douglass High School (GreatSchools Rating 2/10), Kingsbury High School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $7,080 (source: MLS/based on county public records data).

The last sale was on July 1, 2022 for $900,000 (source: MLS/tax record).

The year of construction for 3250 Guernsey Ave is 1964.

This home is located at 3250 Guernsey Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $1,290,000.

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. The number of listings in Memphis, TN increased by 11.9% between May and June 2025. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.

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

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