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For sale
  • $120,000

    1511 McMillan St, Memphis, TN 38106

    3beds
    925sqft
    : 
    $843/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    3,484 Square Feet Lot
    $114,700 Zestimate®
    $130/sqft
    $-- HOA

    What's special

    Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering value-add potential for investors. 125 E McKellar Ave – Vacant and ideal for an investor or owner-occupant. 2319 Shasta, 1511 McMillan, and 635 E Mallory also in portfolio. Portfolio Option: Purchase all six properties together fora total price of $600,000. This package provides flexibility for renovations, strong rental potential, and an excellent opportunity to build or expand your investment portfolio. photo digitally edited to remove items from front yard. Items in front yard will be removed. Showings available after an accepted offer.
    57 days
    |
    97
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bridget A Jordan,

    Epique Realty 888-893-3537,

    Ashlie Mota,

    Epique Realty

    Source: MAAR,MLS#: 10222815MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom 2
      • Level: First
      Bedroom 4
      • Level: First
      Dining room
      • Features: Separate Dining Room
      • Dimensions: 0 x 0
      Kitchen
      • Features: W/D Connection in Kitchen
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Range/Oven
      Features
      • All Bedrooms Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Wood Laminate Floors, Vinyl
      • Has fireplace: No
      Interior area
      • Total interior livable area: 925 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 45 x 80
      • Features: Level
      Details
      • Parcel number: 034029 00015

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Wrought Iron Security Drs
      • Subdivision: Lauderdale St Pl Blk 10
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $130/sqft
      • Tax assessed value: $87,300
      • Annual tax amount: $1,150
      • Price range: $120K - $120K
      • Date on market: 5/31/2026
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        $114,700

        $109,000 - $120,000

        $991/mo

        Price history

        DateEventPrice
        5/31/2026Listed for sale$120,000+44.6%$130/sqft
        Source: MAAR #10222815 Report a problem
        10/31/2024Sold$83,000-24.5%$90/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3111632 Report a problem
        9/2/2024Pending sale$110,000$119/sqft
        Source: MAAR #10175031 Report a problem
        8/28/2024Price change$110,000-8.3%$119/sqft
        Source: MAAR #10175031 Report a problem
        7/22/2024Price change$120,000-4%$130/sqft
        Source: MAAR #10175031 Report a problem
        7/5/2024Price change$125,000-3.8%$135/sqft
        Source: MAAR #10175031 Report a problem
        6/19/2024Listed for sale$130,000+26.2%$141/sqft
        Source: MAAR #10175031 Report a problem
        7/11/2022Sold$103,000+4%$111/sqft
        Source: Public Record Report a problem
        5/10/2022Contingent$99,000$107/sqft
        Source: MAAR #10122501 Report a problem
        4/26/2022Listed for sale$99,000$107/sqft
        Source: MAAR #10122501 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,150 +58.1%$21,825 +97.5%
        2024$728 +8.1%$11,050
        2023$673 $11,050 +513.9%
        2022-- $1,800
        2021-- $1,800 -11.1%
        2020$65 $2,025
        2019$65 -21.1%$2,025
        2018$82 -45.1%$2,025
        2017$149 +111.9%$2,025 -2.4%
        2016$71 -69.1%$2,075 -65.1%
        2014$228 $5,950
        2013-- $5,950 -16.8%
        2012-- $7,150
        2011-- $7,150
        2010-- $7,150
        2009-- $7,150 -7.4%
        2008-- $7,725
        2007-- $7,725
        2006-- $7,725
        2005-- $7,725 +56.9%
        2004-- $4,925
        2003-- $4,925
        2002-- $4,925
        2001-- $4,925 -29.9%
        2000-- $7,025
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        42 / 100
        Car-Dependent
        26 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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