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For sale
  • $199,000

    1061 Phelps Ln, Milan, TN 38358

    --beds
    0baths
    1,711sqft
    : 
    $1,279/mo
    Get pre-qualified
    Duplex
    Built in 1978
    -- sqft lot
    $195,600 Zestimate®
    $116/sqft
    $-- HOA

    What's special

    Great property and location. Both units are rented. Please do not disturb tenants or walk property without an agent present.
    8 days
    113
    4

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley McMillan,

    Total Realty Source 731-574-9340

    Source: CWTAR,MLS#: 2604750MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Electric Range, Electric Water Heater, Refrigerator
      • Laundry: Laundry Room
      Features
      • Has basement: No
      Interior area
      • Total interior livable area: 1,711 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Open, Shared Driveway
      • Uncovered spaces: 4
      Features
      • Levels: One
      • Patio & porch: Covered, Front Porch
      Lot
      • Size: 0.31 Acres
      • Dimensions: 85 x 160 IRR
      Details
      • Parcel number: 140M C 001.00
      • Special conditions: Agent Owned

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Brick
      • Roof: Metal
      Condition
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Milan

      Financial & listing details

      • Price per square foot: $116/sqft
      • Tax assessed value: $131,400
      • Annual tax amount: $1,850
      • Date on market: 10/8/2026
      • Total actual rent: 21600
      • Tenant pays: All Utilities
      • Road surface type: Asphalt

        Estimated market value

        $195,600

        $186,000 - $205,000

        $1,114/mo

        Price history

        DateEventPrice
        10/8/2026Listed for sale$199,000+28.4%$116/sqft
        Source: CWTAR #2604750 Report a problem
        10/4/2024Sold$155,000-6%$91/sqft
        Source: CWTAR #242844 Report a problem
        9/27/2024Pending sale$164,900$96/sqft
        Source: CWTAR #242844 Report a problem
        9/23/2024Listed for sale$164,900$96/sqft
        Source: CWTAR #242844 Report a problem
        9/9/2024Pending sale$164,900$96/sqft
        Source: CWTAR #242844 Report a problem
        8/13/2024Price change$164,900-2.9%$96/sqft
        Source: CWTAR #242844 Report a problem
        7/25/2024Price change$169,900-5.6%$99/sqft
        Source: CWTAR #242844 Report a problem
        7/6/2024Price change$179,900-5.3%$105/sqft
        Source: CWTAR #242844 Report a problem
        6/21/2024Listed for sale$189,900+58.3%$111/sqft
        Source: CWTAR #242844 Report a problem
        6/10/2024Sold$120,000+64.9%$70/sqft
        Source: Public Record Report a problem
        7/29/2019Sold$72,750-19.1%$43/sqft
        Source: Public Record Report a problem
        9/26/2003Sold$89,900$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,850 $52,560
        2024$1,850 +2.7%$52,560 +41.9%
        2023$1,802 +1.5%$37,040
        2022$1,776 -1.4%$37,040
        2021$1,802 $37,040
        2020$1,802 $37,040
        2019$1,802 +10.8%$37,040 +2.4%
        2018$1,626 +0%$36,160
        2017$1,626 +58%$36,160
        2016$1,029 -33.2%$36,160
        2015$1,542 $36,160
        2014$1,542 -0.2%$36,160 -3.8%
        2011$1,545 $37,571
        2010$1,545 +5.7%$37,571
        2009$1,462 $37,571
        2008-- $37,571 +70.8%
        2007$880 +2.5%$22,000 +1.2%
        2006$859 -0.8%$21,742
        2005$865 -3.2%$21,742
        2004$894 +35.6%$21,742 +35.6%
        2002$659 $16,035
        2001-- $16,035 -73.8%
        2000-- $61,088
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 38358

        Getting around

        44 / 100
        Car-Dependent
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Milan School District

        Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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