$1,778 Closing Credit¹
#10179058, Listing office: Crye-Leike, Inc., REALTORS
$145,000 List price
3172 Yale Ave Memphis, TN 38112
$1,722
Closing credit¹
Multi-Family
Property details
About 3172 Yale Ave
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).
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Year built1962
ParkingDriveway/Pad
MLS #10199678
Summary
- Flooring Type: Part Carpet
- Parking: Driveway/Pad
- Exterior: Brick Veneer
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $145,000
- Annual Tax Amount: $1,118
- Tax Year: 2024
- Lot: Level
- Directions: Take Poplar to Holmes turn north to Yale turn west to duplex
- Year Built: 1962
- Stories: 1
- MLS Number: 10199678
- Office Name: Crye-Leike, Inc., REALTORS
Copyright© 2025 Memphis Area Association of REALTORS. 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. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$145,000
3172 Yale Ave
$1,722
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 06, 2022 | Home Sold | $45,900 |
| Jun 17, 2021 | Home Sold | $63,500 |
| Jan 05, 2016 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $18,360 | $1,118 |
| 2023 | $18,360 | $1,118 |
| 2022 | $18,360 | $1,131 |
| 2021 | $18,360 | $1,131 |
| 2020 | $15,920 | $1,153 |
| 2019 | $15,920 | $1,153 |
| 2018 | $15,920 | $654 |
| 2017 | $15,920 | $987 |
History based on county public records data.
Nearby schools
3
Cornerstone Preparatory - Lester Campus
Public Charter PK-5
0.5 mi
•320 Carpenter St
5
William H. Brewster Elementary School
Public Magnet PK-5
1.0 mi
•2605 Sam Cooper Blvd
5
Treadwell Elementary School
Public Magnet PK-5
1.2 mi
•3538 Given Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,181. Most Memphis, TN residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
56%
<35k
40%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
58%
Single, No Kids
21%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing- UFC
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Popeyes
Golden Corral
Burger King
What do the neighbors drive?
Dodge
Kia
Buick
What do the neighbors listen to?
Urban Contemporary
Adult Standards
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3172 Yale Ave
The listing price of 3172 Yale Ave property is $145,000.
The property 3172 Yale Ave is a multi located in Memphis, Tennessee, 38112.
Active Listing: 3172 Yale Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3172 Yale Ave are: Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), William H. Brewster Elementary School (GreatSchools Rating 5/10), Treadwell Elementary School (GreatSchools Rating 5/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Compass Community School Binghampton Campus (GreatSchools Rating 5/10), Treadwell Middle School (GreatSchools Rating 4/10), East High School (GreatSchools Rating 8/10), Middle College High School (GreatSchools Rating 7/10), Douglass High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,118 (source: MLS/based on county public records data).
The last sale was on September 6, 2022 for $45,900 (source: MLS/tax record).
The year of construction for 3172 Yale Ave is 1962.
This home is located at 3172 Yale Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $145,000.
Over 70 listings were sold over their listed price in May 2025 in Memphis, TN. In the same period over 263 listings were sold below the listed price and 110 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. The median list price of listings available in May 2025 was $220,000, while the average time on the real estate market was 10 days.
From Rocket Homes Real Estate and based on county public records data.