3180 Crump Ave Memphis, TN 38112
Binghampton Neighborhood
5
Beds
2
Baths
2,354
Sq Ft
1948
Built
Highlights
- No HOA
- Tile Flooring
- Property has 1 Level
- Cooling System Mounted To A Wall/Window
- Heating Available
About This Home
As of July 2025Instant Cash Flow Opportunity – Turnkey Brick Duplex in Prime Memphis Location!
Investor's dream! This beautiful all-brick duplex offers immediate income with both units currently leased on 12-month terms. Start collecting rent from day one—no vacancy, no hassle.
Each side features spacious layouts with solid rental history, making this a reliable addition to any portfolio. Located just minutes from Midtown and Downtown Memphis, tenants enjoy quick access to vibrant dining, shopping, entertainment, and major highways.
Well-maintained and full of charm, this property is nestled in a growing area with strong rental demand. Whether you're expanding your portfolio or stepping into real estate investing, this duplex delivers stable, positive cash flow from the start.
Don't miss your chance to own a performing asset in one of Memphis’s most accessible and evolving neighborhoods!
Last Agent to Sell the Property
Benchmark Realty, LLC Brokerage Phone: 5133386888 License # 355750 Listed on: 06/03/2025
Last Buyer's Agent
NONMLS NONMLS
License #2211
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,148
Year Built
- Built in 1948
Lot Details
- Lot Dimensions are 67x130
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,354 Sq Ft Home
- Property has 1 Level
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Driveway
- On-Street Parking
Schools
- Treadwell Elementary School
- Treadwell Middle School
- Douglass High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Total Actual Rent $1,790
- Assessor Parcel Number 038025 00062
Community Details
Overview
- No Home Owners Association
- 2 Units
- Jackson Terrace Subdivision
Building Details
- Gross Income $21,480
- Net Operating Income $21,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
Jul 24, 2024
Sold by
Stanton Latrice Snipes
Bought by
Black Onyx Properties Llc
Seller's Agent
CeCe Glenn
KAIZEN Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.71%
Original Mortgage
$145,800
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 29, 2020
Sold by
Johnson Shawntale
Bought by
Snipes Latrice
Purchase Details
Closed on
Oct 30, 2015
Sold by
County Of Shelby
Bought by
Johnson Shawntale
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | Home Surety Title & Escrow | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $8,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $145,800 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $152,000 | -5.0% | $65 / Sq Ft |
| 06/22/2025 06/22/25 | Pending | -- | -- | -- |
| 06/14/2025 06/14/25 | For Sale | $160,000 | 0.0% | $68 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $160,000 | +45.5% | $68 / Sq Ft |
| 07/24/2024 07/24/24 | Sold | $110,000 | -12.0% | $53 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $125,000 | -- | $60 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $591 | $47,680 | $3,600 | $44,080 |
| 2024 | $591 | $17,440 | $1,800 | $15,640 |
| 2023 | $1,062 | $17,440 | $1,800 | $15,640 |
| 2022 | $1,062 | $17,440 | $1,800 | $15,640 |
| 2021 | $1,263 | $17,440 | $1,800 | $15,640 |
| 2020 | $1,179 | $16,275 | $1,125 | $15,150 |
| 2019 | $520 | $16,275 | $1,125 | $15,150 |
| 2018 | $520 | $16,275 | $1,125 | $15,150 |
| 2017 | $532 | $16,275 | $1,125 | $15,150 |
| 2016 | $864 | $19,775 | $0 | $0 |
| 2014 | $1,383 | $31,640 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Darin Wyly
Seller's Agent in 2025
Darin Wyly
Benchmark Realty, LLC
(513) 338-6888
1 in this area
40 Total Sales
-
N
Buyer's Agent in 2025
NONMLS NONMLS
-
C
Seller's Agent in 2024
CeCe Glenn
KAIZEN Realty, LLC
-
N
Buyer's Agent in 2024
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Realtracs
MLS Number: 2900208
APN: 03-8025-0-0062
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