Available March 1st!!
This newly renovated home is move in ready and for its new tenant! Centrally located in the heart of Milan, this home is seconds away from all the shopping and fast food amenities. With a 1 year lease, this property will rent for $1250/mo. and a $1000 deposit along with first months's rent is due at signing. Minimum of 3 X rental amount in bring home income is required, a 580 credit score, no evictions in the past 7 years.
You must fill out the application thru Zillow and be pre-approved before we will schedule a showing!
Tenant responsible for all utilities & normal maintenance to the property including lawn care, pest control, changing of filters & light bulbs and anything else considered normal maintenance.
Tenant responsible for all utilities & normal maintenance to the property including lawn care, pest control, changing of filters & light bulbs and anything else considered normal maintenance.
Sold for $40,000
$40,000
1089 Phelps Ln, Milan, TN 38358
2beds
1,004sqft
Single Family Residence
Built in ----
-- sqft lot
$112,900 Zestimate®
$40/sqft
$1,227 Estimated rent
Home value
$112,900
$84,000 - $143,000
$1,227/mo
Zestimate® history
Owner options
List your home for rent
$1,227/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,227/mo
Rent Zestimate®
Refinance and save
$192/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$192/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Oven, Refrigerator, WD Hookup
- Laundry: Hookups
Features
- WD Hookup
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,004 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Heating system: Forced Air, No Utilities included in rent
Details
- Parcel number: 140NE00300000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $1,000
Location
- Region: Milan
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $69,000
- Annual tax amount: $607
- Date on market: 2/26/2026
- Date available: 03/01/2026
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2026 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2025 | Sold | $40,000+22.6%$40/sqft |
Source: Public Record Report a problem | ||
| 2/19/2020 | Sold | $32,626-36%$32/sqft |
Source: Public Record Report a problem | ||
| 1/22/2020 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 1/20/2018 | Sold | $51,000-7.1%$51/sqft |
Source: Public Record Report a problem | ||
| 8/9/2017 | Listed for sale | $54,900$55/sqft |
Source: L A Realty,LLC #179003 Report a problem | ||
| 6/28/2017 | Listing removed | $54,900$55/sqft |
Source: L A Realty,LLC #175670 Report a problem | ||
| 12/27/2016 | Listed for sale | $54,900+83%$55/sqft |
Source: L A Realty,LLC #175670 Report a problem | ||
| 10/5/2016 | Sold | $30,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $607 | $17,250 |
| 2024 | $607 +17.8% | $17,250 +62.7% |
| 2023 | $516 +1.5% | $10,600 |
| 2022 | $508 -1.4% | $10,600 |
| 2021 | $516 | $10,600 |
| 2020 | $516 -20.2% | $10,600 -20.2% |
| 2019 | $646 +5.6% | $13,275 -2.4% |
| 2018 | $612 0% | $13,600 |
| 2017 | $612 +58.1% | $13,600 |
| 2016 | $387 -33.2% | $13,600 |
| 2015 | $580 | $13,600 |
| 2014 | $580 -0.7% | $13,600 -1.4% |
| 2013 | $584 +2.9% | $13,800 |
| 2011 | $568 | $13,800 |
| 2010 | $568 +5.7% | $13,800 |
| 2009 | $537 | $13,800 |
| 2008 | -- | $13,800 +5.1% |
| 2007 | $525 +1.3% | $13,130 |
| 2006 | $519 -0.8% | $13,130 |
| 2005 | $523 -3.2% | $13,130 |
| 2004 | $540 +24.7% | $13,130 +24.8% |
| 2002 | $433 | $10,525 |
| 2001 | -- | $10,525 -75% |
| 2000 | -- | $42,100 |
Find assessor info on the county website
Neighborhood: 38358
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Nearby schools
GreatSchools rating
- 8/10Milan Elementary SchoolGrades: PK-4Distance: 2.8 mi
- 7/10Milan Middle SchoolGrades: 5-8Distance: 2.8 mi
- 7/10Milan High SchoolGrades: 9-12Distance: 2 mi
- Tennessee
- Gibson County
- Milan
- 38358
- 1089 Phelps Ln
