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$145,000

3172 Yale Ave Memphis, TN 38112

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: 7/25/2025, 4:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 06, 2022
Home Sold
$45,900
Jun 17, 2021
Home Sold
$63,500
Jan 05, 2016
Home Sold
$100,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,181. The most common annual income of people living in Memphis, TN is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

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 BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • NewsNews
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.

Memphis, TN housing market in June 2025 saw over 73 listings sold above listed price, more than 107 sold at listed price and over 219 sold below. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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