You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,095,000
Apartment buildings

3084 Yale Ave Memphis, TN 38112-3613

21,396 SF 4.12 ac lot Built 1963
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US80-1107711
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1963
Total area 21,396 SF
Lot 4.12 ac (179,554 SF)
Zoning code R-6
APN 044-004- - -00029-C
UPID US80-1107711
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
$2.46M
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$2.10M
Owner & transaction history
Tavis T H Tan · 8 yrs held
Tavis T H Tan
since 2018
5 recorded transactions
2018
$2.5M
2014
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-6 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-6, R-3, RU-1, RU-2, RU-3, RU-4, RU-5 and RW), with the exception of Community Supported Agriculture. 2. Neighborhood gardens shall: a. be managed to prevent the harborage of rodents and pests; b. be maintained to prevent odors; and c. be managed to (to the extent that is possible), to prevent the runoff of top soil and composting materials from flowing ont…

Zone name Residential Single Family 6
General category RESIDENTIAL
Zone area 35,601.06 ac
Source CHAPTER 1
Top alternative use upside
Medical building $3.1M +26.4%
Office building $2.6M +5.4%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3084 Yale Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message