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    Property profile & analytics

    3436 Carnes Ave Memphis, TN 38111-4234

    • Apartment buildings
    • 14,210 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US80-1333054
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 3436 Carnes Ave

    Year built
    1974
    Lot size
    1.26 lot acres
    Property size
    14,210 SF
    Zone code
    RU-3
    Property type
    Apartment buildings
    APN
    045-118- - -00022-C
    APU
    04511800022C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9476
    Latitude
    35.1119
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,938
    $65,320
    $114,240
    $179,560
    -
    $163,300
    $285,600
    $448,900

    Comparable in this City

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      174,641 SF

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      1800 Robin Hood Ln

      APARTMENT HOUSE (5+ UNITS) • 21,060 SF
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      8,120 SF

      1630 Ellsworth St

      APARTMENT HOUSE (5+ UNITS) • 8,120 SF
      1630 Ellsworth St, Memphis, TN 38111-5019
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    • Value Estimation
      $2,340,000
      15,120 SF

      3562 Mynders Ave

      APARTMENT HOUSE (5+ UNITS) • 15,120 SF
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    • Value Estimation
      $1,330,000
      19,584 SF

      1801 Titus Rd

      APARTMENT HOUSE (5+ UNITS) • 19,584 SF
      1801 Titus Rd, Memphis, TN 38111
      View Details
    • Value Estimation
      $1,345,000
      15,344 SF

      3520 Walker Ave

      APARTMENT HOUSE (5+ UNITS) • 15,344 SF
      3520 Walker Ave, Memphis, TN 38111-5924
      View Details

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    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      3.1k
    • Avg Time on site
      8 min
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    3436 Carnes Ave
    Memphis, TN 38111-4234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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