3250 GUERNSEY AVE Memphis, TN ^$ 1,095,000

3250 GUERNSEY AVE

^$ 1,095,000

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3250 GUERNSEY AVE

Memphis, TN, 38112

^$ 1,095,000

Bedrooms34 Baths18.0

Monthly Estimate*

^$ 6,742

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Multi-Family Home for sale in Memphis, TN

for $1,095,000 with 34 bedrooms and 18 full baths. This home was built in 1964.

Excellent investment opportunity! Pictures taken over the last year. Some units still need work/rehab. Each unit is metered. Roof is less than three years old. Some units have two year old water heaters. Renovation in 2022/2023/2025. MHA contracts in hand.

Multi-Family Active

Price

^$ 1,095,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,449

Style

Apartment Building

Year Built

1964

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10208566

Features

General

Roof Flat

Construction Brick

Amenities Dumpster

Status Active Active

Legal Subdivision Name DERMON RESUBD OF LOT 94

Stories Count 2

County Shelby

Class Multi-Family

Laundry Y/N None

Type Apartment Building

Area 751A Midtown/Holmes

Parcel Number 038022 00017

Sale/Rent For Sale

Status Detail 0

Year Built 1964

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.

City Memphis

DOM 138

Exterior

Foundation Slab

Lot PT 2

Number of Buildings 1

Lot Size 0.57

Parking Facility Gravel

Interior

Hot Water Electrical Public Sewer Public Water

* Excluded Features

List By

Remax Experts

Broker

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$7,196

Per Month

Monthly Principal & Interest: $6,742
Monthly Property Taxes: $454
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$323,545

Percent of Sale Price 70%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
1/5/2026	$1,095,000	-12.40%	Price Down
10/27/2025	$1,250,000		Listed Price

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3250 GUERNSEY AVE, Memphis, TN, 38112 is a Multi-Family Home for sale at $1,095,000. 3250 GUERNSEY AVE has 34 bedrooms, 18.0 baths, and was built in 1964. The property's zip code is 38112 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

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.

Data is updated as of 3/14/2026.

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3250 GUERNSEY AVE

Multi-Family Home for sale in Memphis, TN

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