Seller Financing
2966 YALE AVE Memphis, TN
$ 168,900
Property Attributes
  • MLS#10039967
  • TypeMulti-Family
  • CountySHELBY
  • CityMemphis
  • AreaChickasaw Gardens
  • NeighborhoodNOVELLA
  • Zip38112
  • StyleApartment Building
  • Year Built1960
  • Taxes4360
  • Price$ 168,900
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
Listing Provided Courtesy Of:
Tri-Leake Realty
Property Description

CONTRACT FAILED! BACK ON MARKET! 8 unit apartment with a monthly gross income of $3200. Owner covers water and trash for all tenants. All units have updated kitchens, baths, water heaters, wall heaters, new tile flooring, doors, and windows. There’s still an opportunity to add more value to this property. DO NOT DISTURB TENANTS! Minutes away from shopping and dining, easy access to transit, community center and more. Seller financing also available.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/2/2018 Listed $208,000
1/10/2019 5% - $199,000
3/18/2019 16% - $168,900

General Features

Amenities Pet Restrictions, Dumpster
Area 754A
Class Multi-Family
Construction Brick
Cooling Systems 1 Window Unit per Unit
Heating Systems Wall Heat
Legal Subdivision Name NOVELLA RE
Listing Area Chickasaw Gardens
Listing Status Active
Operating Expenses Management, Insurance, Some Utilities, Trash Collection, Repairs/Maintenance, Pest Control, Taxes, Advertising
Service Type Full Service Listing
Status Active
Stories 1
Type Apartment Building
Year Built 1960

Interior Features

# 2 Bedroom Units 8
Floors/ceilings Tile, Dry Wall
Hot Water Gas, Public Water, Public Sewer
Laundry Connections
Total # Of Units 8

Exterior Features

Sale Includes Building and Land
Foundation Slab
Lot Size 60/100 X 110+173.7/283.7
Miscellaneous Exterior Chain Fence, Partically Fenced, Ceiling Fan(s)
Number of Buildings 1
Parking Facility Asphalt/Blacktop, 1 Per Unit
Roof Shingle/Shake


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 38112

AVG $200K
AVG $3,469
AVG 10
Year Built
AVG 1948
AVG 56
Data Provided by Walkscore ® not using MLS data

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.