3172 Yale Ave, Memphis, TN 38112

$145,000
2
BD
1
BA

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Sold Price
$145,000
List Price
$145,000
Closing Date
Sep 16, 2025
MLS#
10199678
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
50X140
Status
CLOSED

Property Description

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).

Additional Information

Annual City Tax
587
Annual County Tax
622
Cooling
Central Cooling
Heating
Central
Hot Water
Other (See REMARKS)
Legal Subdivision
Eastern Heights Subdivision
Lot
45 &46
Lot Description
Level
Lot Size
50X140
New Financing
Other (See Remarks)
Parking
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
EASTERN HEIGHTS
Subtype
Built as Duplex
Year Built
1962

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Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: Renshaw Company, REALTORS.

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