NOT LISTED FOR SALE

3260 Coleman Ave Unit 1 Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $141,000 - $217,000

4 Beds
2 Baths
1,800 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2024

Last sale price $112,500 $62 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,088 / mo

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of May 2024

Investors only! Brick duplex in 38122 available. Each unit has 2 beds & 1 bathroom & FULLY OCCUPIED/RENTED. One unit rents for $600 & one unit at $550 ($1150 total rent) but market rent is $850 per unit. Property is professionally managed & we have leases, ledgers, repair history, & ONLINE VIDEO AVAILABLE, if interested. Both tenants would like to stay. Each property has central heat & air! Multifamily offered at an attractive price...do not disturb tenants, start collecting rent day one!

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1963

Home Design

  • Duplex

Interior Spaces

  • Property has 3 Levels
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 50x130
  • Central Heating and Cooling System

Community Details

  • West Highlands Blk 2 Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 038020 00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,028

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1963
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50X130
  • Lot Size Units: Acres
  • Parcel #: 038020 00024
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1028
  • Tax Lot: 20

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Bought by
Current Estimated Value
$178,327

Purchase Details

Listed on
May 3, 2024
Closed on
May 2, 2024
Sold by
Bought by
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%

Purchase Details

Closed on
Apr 26, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$209,800 None Listed On Document
$112,500 None Listed On Document
$70,000 Foundation Title & Escrow
$49,000 Foundation Title & Escrow
$24,000 Fidelity Title & Escrow Inc
$18,000 Realty Title & Escrow Co Inc
$6,600 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $52,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $125,000 +11.1% $69 / Sq Ft
05/03/2024 05/03/24 Sold $112,500 0.0% $63 / Sq Ft
05/03/2024 05/03/24 Sold $112,500 -6.3% $65 / Sq Ft View Prior Sale
05/03/2024 05/03/24 Pending -- -- --
04/15/2024 04/15/24 Pending -- -- --
04/08/2024 04/08/24 Price Changed $120,000 -4.0% $69 / Sq Ft
04/01/2024 04/01/24 For Sale $125,000 0.0% $72 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $125,000 -- $72 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,296 $48,160 $3,600 $44,560
2024 $572 $16,880 $1,800 $15,080
2023 $1,028 $16,880 $1,800 $15,080
2022 $1,028 $16,880 $1,800 $15,080
2021 $1,040 $16,880 $1,800 $15,080
2020 $1,423 $19,640 $1,800 $17,840
2019 $628 $19,640 $1,800 $17,840
2018 $628 $19,640 $1,800 $17,840
2017 $643 $19,640 $1,800 $17,840
2016 $1,087 $24,880 $0 $0
2014 $1,087 $24,880 $0 $0
Source: Public Records

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Map

Source: Realtracs

MLS Number: RTC3085203

Realtracs

APN: 03-8020-0-0024

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