Financial
Distress signals
Property profile

736 Richmond Ave Memphis, TN 38106

OFF-MARKET
Garden apartment buildings
Property ID
US80-1152404
3,888 SF 0.23 ac lot Built 1965
Last sale May 2022 · $135,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a six-unit multifamily building containing six 2-bedroom, 1-bath apartments with a total area of approximately 3,888 square feet. Each unit has its own individual utilities, supporting separate utility responsibility by unit. Heating is provided by gas wall heaters in four units and by newer hardwired electric heaters in two units. The property includes a mix of tenancy states, with four units occupied and two units vacant at the time of the listing details; one vacant unit is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$21k
Assessed land$6k
Assessed improvement$15k
Effective rate6.09%

Value estimate

· Sep 2026
$130k
$117k – $143k
AI approach$110k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$35 – $98
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-6
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. ...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Law Firm16.2
Dental Office15.1

Location

736 Richmond Ave Memphis, TN 38106-4642
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
519 Simpson, Memphis, TN 38106-3020 $326,500 Jun 2025 3,618 SF
1304 Horace, Memphis, TN 38106-4150 $357,500 May 2025 3,600 SF
655 Mclemore, Memphis, TN 38106-3150 $86,000 Apr 2024 4,600 SF
378 Lucy, Memphis, TN 38106-2935 $79,900 Mar 2024 4,212 SF
688 Richmond, Memphis, TN 38106-4643 $25,000 Dec 2023 3,476 SF
1199 Latham, Memphis, TN 38106-2803 $210,000 Dec 2023 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 736 Richmond 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.
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