Apartment Building with MHA
For Sale
$1,095,000
3250 Guernsey Avenue, Memphis, TN 38112
Individually metered units feature vinyl flooring and renovations completed in 2022/2023/2025.
Property SizeContact for details
Days on Market331
Property Features for 3250 Guernsey Avenue
General Information
Standard status
Active
Property subtype
Multi-Family / Apartment Building
Property Condition
Severity
Repairs Needed
Evidence
Some units still need work/rehab
Taxes and HOA fees
Annual Taxes
$5,449
Amenities
Vinyl Floor
Flat
Building Details
Year Built
1964
Listing Agency:
REMAX Experts
(901) 292-0535
Listed By:
Frank Colvett
(901) 292-0535
Source:
Compass
Added: Oct 5, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Experts
Investment Insights
Based on property information with market context.
This apartment building, constructed in 1964, includes individually metered units with vinyl flooring. Renovation work is identified for 2022, 2023, and 2025, while some units still require additional work. The property also includes a flat exterior and MHA contracts in hand.
Recent capital items include a roof that is less than three years old and water heaters that are two years old in some units. The property is located at 3250 Guernsey Avenue in Memphis, Tennessee 38112.
Recent capital items include a roof that is less than three years old and water heaters that are two years old in some units. The property is located at 3250 Guernsey Avenue in Memphis, Tennessee 38112.
Key Highlights
- Apartment building at 3250 Guernsey Avenue, Memphis, TN 38112
- MHA contracts in hand
- Individually metered units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 38112, TN
16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Individually metered units feature vinyl flooring and renovations completed in 2022/2023/2025.
Where is this apartment building located?
The property is located at 3250 Guernsey Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Apartment building at 3250 Guernsey Avenue, Memphis, TN 38112; MHA contracts in hand; Individually metered units
