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Property profile & analytics
OFF-MARKET
Garden apartment buildings
574 4th St Memphis, TN 38105-1746
Individually Owned
~
Est. High Equity
Property ID
US80-3334360
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1953
Total area
2,200 SF
Lot
0.13 ac (5,489 SF)
Zoning code
MDR
APN
001-073- - -00010
UPID
US80-3334360
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
Clifford L Caver
Clifford L Caver
since 2025
7 recorded transactions
Zoning & alternative use
MDR · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,064
Tax year 2023
Assessed value
$33,880
Assessed 2024
Previous assessed
$33,880
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$4,400
Assessed improvement
$29,480
Land market value
$11,000
Improvement market value
$73,700
Total market value
$84,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1953
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Rooms
9
Bathrooms
1
Total area
2,200 SF
Lot
0.13 ac (5,489 SF)
Zoning code
MDR
APN
001-073- - -00010
UPID
US80-3334360
Jurisdiction
SHELBY
Zoning & alternative use
MDR · Memphis, TN
Zoning MDR · permitted uses
MDR · 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
1953
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Rooms
9
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Clifford L Caver
Individual
Mailing address
PO BOX 41632, MEMPHIS, TN 38174-1632
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2025
—
Clifford L Caver
Crei LLC
Quitclaim Deed
related
$152,000 · Wells Fargo Bank NA
Jun 18, 2014
—
Crei LLC
Caver,cliff L
Quit Claim Deed
related
—
Apr 22, 2014
$68,000
Cliff L Caver
Rgh Investment Services LLC
Warranty Deed
—
Jul 27, 2010
—
Austin Howard Investments INC
Gheens,kevin
Quit Claim Deed
related
—
Jul 27, 2010
$47,000
Rgh Investment Services LLC
Austin Howard Investments INC
Warranty Deed
—
Mar 23, 2010
$34,000
Kevin Gheens
Brookview Funding LLC
Warranty Deed
—
Jan 6, 2009
$77,838
Brookview Rehab Funding LLC
Reed A James
Trustees Deed
related
—
Mar 22, 2007
$35,900
Blue Maple Investments LLC
Parks,tory
Warranty Deed
$108,752 · Brookview Rehab Funding LLC
Jan 31, 2002
$20,000
Tory Parks
Burgess,melvin T & Johanna L
Grant Deed
$15,000 · Melvin & Johanna L Burgess
Jan 15, 2002
$5,000
Melvin T Burgess
Wilson,catherine
Trustees Deed
—
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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