Off market

Tax assessed value

$2,630,100

3236 Millington Rd, Memphis, TN 38127

1beds

0baths

6,606sqft

MultiFamily

Built in 1964

-- sqft lot

$-- Zestimate^®

$398/sqft

$1,097 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,097/mo

Zestimate^® history

Owner options

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$1,097/mo

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$1,097/mo

Rent Zestimate^®

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$13,223/mo

Est. payment

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$13,223/mo

Est. payment

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What's special

Immediate CASH FLOW, turn-key, APARMENT COMPLEX, a great investment opportunity. Bayou Square Apartments, comprised of 76 units. Over 90% occupancy. Incredible ROI and Cap rate. Laundry facility is brand new and a total of 10 buildings. 76 units 16 1/1 and 60 2/1. Newest and nicest in the area, new roof, HVAC, electrical, Plumbing, electric water heater and so much more. Do not miss this opportunity to secure this piece of PRIME commercial real estate.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 0

Heating

Forced air

Cooling

Central

Appliances

Included: Refrigerator

Interior area

Total interior livable area: 6,606 sqft

Property

Features

Exterior features: Brick

Lot

Size: 4.71 Acres

Details

Parcel number: 06903300014C

Construction

Type & style

Home type: MultiFamily

Materials

Wood

Condition

Year built: 1964

Community & HOA

Location

Region: Memphis

Financial & listing details

Price per square foot: $398/sqft
Tax assessed value: $2,630,100
Annual tax amount: $55,451

Price history

Date	Event	Price
8/25/2026	Listing removed	$5,500,000$833/sqft
Source: MAAR #10225795 Report a problem
7/10/2026	Listed for sale	$5,500,000+20.6%$833/sqft
Source: MAAR #10225795 Report a problem
9/5/2023	Sold	$4,560,000-8.8%$690/sqft
Source: Public Record Report a problem
3/25/2023	Listing removed	--
Source: BHHS broker feed Report a problem
1/7/2023	Price change	$5,000,000-12.3%$757/sqft
Source: MAAR #10138998 Report a problem
10/31/2022	Listed for sale	$5,700,000-12.3%$863/sqft
Source: MAAR #10136726 Report a problem
9/1/2022	Listing removed	--
Source: BHHS broker feed Report a problem
8/31/2022	Listed for sale	$6,500,000$984/sqft
Source: BHHS broker feed #10118929 Report a problem
8/29/2022	Contingent	$6,500,000$984/sqft
Source: MAAR #10118929 Report a problem
5/2/2022	Price change	$6,500,000+18.2%$984/sqft
Source: MAAR #10118929 Report a problem
3/21/2022	Price change	$5,500,000-26.7%$833/sqft
Source: MAAR #10118929 Report a problem
3/7/2022	Listed for sale	$7,500,000+2400%$1,135/sqft
Source: MAAR #10118929 Report a problem
2/3/2017	Sold	$300,000+900%$45/sqft
Source: Public Record Report a problem
3/17/2016	Sold	$30,000-62.5%$5/sqft
Source: Public Record Report a problem
4/24/2014	Sold	$80,000$12/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$55,451 -23.2%	$1,052,040 -4.1%
2024	$72,231 +8.1%	$1,096,840
2023	$66,816	$1,096,840
2022	--	$1,096,840
2021	--	$1,096,840 +22.9%
2020	$3,775	$892,400 +655.5%
2019	$3,775 -21.1%	$118,120
2018	$4,784 -45.1%	$118,120
2017	$8,719 -33.5%	$118,120 -54.5%
2016	$13,102 +226.7%	$259,600
2014	$4,010	--
2013	--	--
2012	--	--
2011	--	--
2010	--	--
2008	--	$251,480
2007	--	$251,480