3172 Yale Ave Memphis, TN 38112
Binghampton NeighborhoodEstimated payment $860/month
Total Views
44
2
Beds
1
Bath
1,660
Sq Ft
$87
Price per Sq Ft
Highlights
- Traditional Architecture
- Partially Carpeted
- 1-Story Property
- Central Heating and Cooling System
- Level Lot
About This Home
Investors only! Fully rented brick duplex that is 100% occupied. Roof is less than 5 years old. Property is professionally managed (lease, ledger, repair history available upon request). Addresses are 3172/ 3174 Yale and each unit is 2 bedrooms & 1 bathroom. Seller just completed $10K worth of rent ready repairs at 3174 Yale. Tenant occupied brick duplex. 3172 is rented for $650 per month and 3174 is rented for $750 per month. Market rent is $900 or more (so rental upside). Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 2606/2608 Deadrick (can buy them individuall or in bulk). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $622
Year Built
- Built in 1962
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,660 Sq Ft Home
- 1-Story Property
- Partially Carpeted
Utilities
- Central Heating and Cooling System
Community Details
- Eastern Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 044027 00020
Map
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Home Values in the Area
Average Home Value in this Area
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 | $622 | $24,080 | $4,400 | $19,680 |
| 2024 | $622 | $18,360 | $2,400 | $15,960 |
| 2023 | $1,118 | $18,360 | $2,400 | $15,960 |
| 2022 | $1,118 | $18,360 | $2,400 | $15,960 |
| 2021 | $1,329 | $18,360 | $2,400 | $15,960 |
| 2020 | $1,154 | $15,920 | $2,400 | $13,520 |
| 2019 | $509 | $15,920 | $2,400 | $13,520 |
| 2018 | $509 | $15,920 | $2,400 | $13,520 |
| 2017 | $521 | $15,920 | $2,400 | $13,520 |
| 2016 | $988 | $22,600 | $0 | $0 |
| 2014 | $988 | $22,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $145,000 | +128.3% | $87 / Sq Ft |
| 06/11/2021 06/11/21 | Sold | $63,500 | +0.8% | $38 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $63,000 | +350.0% | $38 / Sq Ft |
| 05/24/2013 05/24/13 | Sold | $14,000 | -6.7% | $8 / Sq Ft |
| 05/08/2013 05/08/13 | Pending | -- | -- | -- |
| 03/18/2013 03/18/13 | For Sale | $15,000 | -- | $9 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $63,500 | None Available | |
| Quit Claim Deed | $4,000 | None Available | |
| Special Warranty Deed | $14,000 | None Available | |
| Warranty Deed | $46,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,812 | No Value Available |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10199678
APN: 04-4027-0-0020
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