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Property profile & analytics
OFF-MARKET
Garden apartment buildings
155 Tucker St Memphis, TN 38104-2639
Entity Owned
Property ID
US80-3412862
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1951
Total area
4,346 SF
Lot
0.34 ac (14,985 SF)
Zoning code
RU-3
APN
017-050- - -00005
UPID
US80-3412862
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1st Choice Realty Group LLC
1st Choice Realty Group LLC
since 2026
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
RU-3 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Memphis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Memphis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,448
Tax year 2022
Assessed value
$138,680
Assessed 2023
Previous assessed
$138,680
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$22,320
Assessed improvement
$116,360
Land market value
$55,800
Improvement market value
$290,900
Total market value
$346,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1951
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
4,346 SF
Lot
0.34 ac (14,985 SF)
Zoning code
RU-3
APN
017-050- - -00005
UPID
US80-3412862
Jurisdiction
SHELBY
Zoning & alternative use
RU-3 · Memphis, TN
Zoning RU-3 · permitted uses
RU-3 · Memphis, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Memphis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
1st Choice Realty Group LLC
Entity
Mailing address
5909 SHELBY OAKS DR STE #126, MEMPHIS, TN 38134-7318
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
$660,000
1st Choice Realty Group LLC
Sea Revocable Living Trust
Warranty Deed
$495,000 · Angel Oak Mortgage Solutions LLC
Aug 3, 2023
—
S Akindona
Stephen Akindona
Intrafamily Transfer
related
—
Jul 10, 2023
—
Oluwaseyi Stephen Akindona
—
Deed
related
$525,000 · Renasant Bank
Dec 8, 2020
$350,000
Cityvvvest Overton LLC
Poplar Arts Lofts LLC
Special Warranty Deed
$1,102,000 · Simmons Bank
May 1, 2019
$2,000,000
Poplar Arts Lofts LLC
Memphis College Of Art
Grant Deed
—
May 1, 2019
—
Poplar Arts Lofts LLC
Memphis College Of Art
Quit Claim Deed
related
—
Jul 30, 2007
—
Memphis College Of Art
—
Trustees Deed
related
$1,000,000 · First Tennessee Bank National
Oct 4, 2004
$275,000
Memphis College Of Art
Colton,barbara O
Warranty Deed
—
—
—
John P Colton
—
Deed Of Trust
related
$65,000 · Shelby County Employees Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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