3230 Yale Ave

Memphis TN 38112

1272 sq. ft.

0.16 ac.

Single-Family

Last sold for $55,000

Randall Weatherall, last sold this property on 17 December 2025 after 26 days on market.

Overview

Here is a chance for an awesome value-add fixer in a burgeoning, up-and-coming neighborhood! Binghampton is seeing great growth year over year, with flippers and turnkey companies coming in and changing the landscape for the better. Full rehabs are selling to both investors and owner-occupants for close to $200,000! This is a 4/2, built in '86, and should be a great rental or flip chance. There aren't many houses in this neighborhood that are 4/2s, so it's a rare chance to build a BRRRR or flip! Market rent should be in the $1200-1300 range or even higher Sec. 8 when it's looking good again. House has a known issue with the porch - your agent will have access to the full report from Poe Engineering AND a quote from the company they recommended to complete the work. The house price has been adjusted for this work needed. No wholesalers/assignable offers will be considered, per the Seller. No Seller-financing offered.

Features

4 bedrooms

2 bathrooms

1272 sq. ft. floor area

0.16 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 3230 Yale Ave is $297.5k.

Median value

$297.5k

Estimated value range

$55k - $695k

Median days on market

Estimated value trend

12%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3230 Yale Ave

2025

Sold

$55,000

17 Dec 2025 by Randall Weatherall, of Memphis Metro Realty

2018

Sold

$52,000

03 Apr 2018 by Jo Ann Langlois, of Keller Williams Realty

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.