Closed

$127,500

1541 McMillan St, Memphis, TN 38106

5beds

1,680sqft

Single Family Residence, Residential

Built in 2007

5,662 Square Feet Lot

$117,200 Zestimate^®

$76/sqft

$1,210 Estimated rent

Home value

$117,200

$94,000 - $141,000

$1,210/mo

Zestimate^® history

Owner options

List your home for rent

$1,210/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,210/mo

Rent Zestimate^®

Refinance and save

$842/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$842/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Rare opportunity to own a 5 bedroom 2 full bath investment property! Already income producing with Section 8 tenant in place. $1541 monthly, Lease Exp: 01/31/2025. Fantastic ROI! Built in 2007, low maintenance exterior; Brick with vinyl siding. HVAC system and new water heater less than 2 years old. DO NOT DISTURB TENANT! No owner or creative financing available on this property. *Photos taken prior to current tenant occupancy. Call agent for more information.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Laundry: Washer Hookup

Features

Flooring: Carpet, Vinyl
Has fireplace: No

Interior area

Total structure area: 1,680
Total interior livable area: 1,680 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 2
Patio & porch: Porch

Lot

Size: 5,662 Square Feet
Dimensions: 75 x 80

Details

Parcel number: 034026 00005C
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Materials

Roof: Shingle

Condition

New construction: No
Year built: 2007

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Available

Community & HOA

Community

Subdivision: Lauderdale St Pl Blk 11

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $76/sqft
Tax assessed value: $98,000
Annual tax amount: $943
Date on market: 10/17/2025

Price history

Date	Event	Price
1/29/2025	Sold	$127,500-4.1%$76/sqft
Source: RealTracs MLS as distributed by MLS GRID #3019736 Report a problem
1/18/2025	Pending sale	$133,000$79/sqft
Source: MAAR #10188060 Report a problem
1/14/2025	Listed for sale	$133,000-4.3%$79/sqft
Source: MAAR #10188060 Report a problem
4/8/2024	Listing removed	--
Source: MAAR #10168809 Report a problem
3/28/2024	Listed for sale	$139,000+54.4%$83/sqft
Source: MAAR #10168809 Report a problem
1/27/2023	Listing removed	--
Source: Zillow Rentals Report a problem
12/8/2022	Listed for rent	$1,500+87.5%$1/sqft
Source: Zillow Rentals Report a problem
12/1/2022	Sold	$90,000-14.2%$54/sqft
Source: RealTracs MLS as distributed by MLS GRID #3022210 Report a problem
11/3/2022	Pending sale	$104,900$62/sqft
Source: MAAR #10133255 Report a problem
10/21/2022	Price change	$104,900-0.1%$62/sqft
Source: MAAR #10133255 Report a problem
10/16/2022	Price change	$105,000-3.7%$63/sqft
Source: MAAR #10133255 Report a problem
10/6/2022	Price change	$109,000-0.9%$65/sqft
Source: MAAR #10133255 Report a problem
9/23/2022	Price change	$110,000-4.3%$65/sqft
Source: MAAR #10133255 Report a problem
9/12/2022	Listed for sale	$115,000+105.4%$68/sqft
Source: MAAR #10133255 Report a problem
8/9/2022	Sold	$56,000-13.8%$33/sqft
Source: Public Record Report a problem
5/24/2022	Pending sale	$65,000$39/sqft
Source: MAAR #10116070 Report a problem
4/15/2022	Price change	$65,000-13.3%$39/sqft
Source: MAAR #10116070 Report a problem
1/20/2022	Listed for sale	$75,000+11.1%$45/sqft
Source: MAAR #10116070 Report a problem
12/11/2020	Sold	$67,500$40/sqft
Source: Agent Provided Report a problem
11/17/2020	Listed for sale	$67,500$40/sqft
Source: Crye-Leike, Inc., REALTORS #10083105 Report a problem
9/22/2020	Listing removed	$67,500$40/sqft
Source: Crye-Leike, Inc., REALTORS #10083105 Report a problem
8/19/2020	Listed for sale	$67,500$40/sqft
Source: Crye-Leike, Inc., REALTORS #10083105 Report a problem
3/5/2019	Listing removed	$800
Source: Zillow Rental Manager Report a problem
2/1/2019	Listed for rent	$800
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,291 +26.7%	$24,500 +58.3%
2024	$1,019 +8.1%	$15,475
2023	$943	$15,475
2022	--	$15,475
2021	--	$15,475 +452.7%
2020	$89	$2,800
2019	$89 -21.1%	$2,800
2018	$113 -45.1%	$2,800
2017	$207 +74.9%	$2,800 -19.4%
2016	$118 -71%	$3,475 -76.4%
2014	$407	$14,700
2013	--	$14,700 +15.1%
2012	--	$12,775
2011	--	$12,775
2010	--	$12,775 -27%
2009	--	$17,500 +37%
2008	--	$12,775 +121.2%
2007	--	$5,775