About This Home

This 4-bedroom, 2-bathroom multi-family at 3113 YALE Ave in Memphis, TN is listed for $165,000 ($102 per sqft). Built in 1960, the home offers 1,620 sqft of living space on a N/A lot.

Key Features

  • Built in 1960

Property Details

2 full
1960
Listing Description

Turnkey investment opportunity in the Binghampton area! This 2-unit duplex offers a total of 4 bedrooms and 2 baths with both units currently occupied and producing $1,650/month in gross rental income. Unit 3113 is leased month-to-month at $850/month, while Unit 3115 is leased through May 2027 at $800/month.

The property features updated interiors, durable flooring, refreshed kitchens, central heating and cooling, and a functional layout in each unit. Conveniently located near Sam Cooper Blvd, Tillman, Broad Avenue, and growing neighborhood redevelopment. An excellent option for investors seeking immediate income with an established rental history. Tenant occupied-please do not disturb. Ledger available upon request.

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

3113 YALE Ave

Memphis, TN 38112

AMALIA

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 3113 YALE Ave is listed at $165,000 ($102/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960.

This property is listed by Allison Brents.

AB

Allison Brents

Agent at Real Living McLemore & Co., REALTORS

Listed by Real Living McLemore & Co., REALTORS · Broker phone: (901) 218-2976 · View on Broker Site · Broker website

MLS# 10231851· Source: Memphis Area Association of Realtors®· 23 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3113 YALE Ave, Memphis, TN 38112

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