Closed

$206,000

218 Mill Ave, Memphis, TN 38105

6beds

1,760sqft

Residential

Built in 1954

6,969 Square Feet Lot

$210,000 Zestimate^®

$117/sqft

$2,968 Estimated rent

Home value

$210,000

$197,000 - $223,000

$2,968/mo

Zestimate^® history

Owner options

List your home for rent

$2,968/mo

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$2,968/mo

Rent Zestimate^®

Refinance and save

$1,347/mo

Est. payment

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$1,347/mo

Est. payment

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What's special

This well-maintained triplex features two fully rented units each generating $750/month in rental income, with the third unit currently vacant. Each unit has 2 bedrooms and 1 bath. This is perfect for increased rental income. Excellent opportunity for investors. Please do not disturb tenants. No showings without an accepted offer and proof of funds.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Other

Cooling

Other

Features

Flooring: Other

Interior area

Total structure area: 1,760
Total interior livable area: 1,760 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1

Lot

Size: 6,969 Square Feet
Dimensions: 50 x 149

Details

Parcel number: 001072 00012
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential

Condition

New construction: No
Year built: 1954

Community & HOA

Community

Subdivision: Greenlaw

HOA

Has HOA: No
Amenities included: Sidewalks

Location

Region: Memphis

Financial & listing details

Price per square foot: $117/sqft
Tax assessed value: $92,300
Annual tax amount: $1,027
Date on market: 9/12/2025

Price history

Date	Event	Price
2/5/2026	Sold	$206,000-17.3%$117/sqft
Source: RealTracs MLS as distributed by MLS GRID #3153360 Report a problem
11/6/2025	Pending sale	$249,000$141/sqft
Source: MAAR #10205620 Report a problem
9/18/2025	Price change	$249,000-6%$141/sqft
Source: MAAR #10205620 Report a problem
9/12/2025	Listed for sale	$265,000+191.3%$151/sqft
Source: MAAR #10205620 Report a problem
3/12/2024	Sold	$90,978$52/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,946 +89.4%	$36,920 +136.7%
2024	$1,027 +8.1%	$15,600
2023	$950	$15,600
2022	--	$15,600
2021	--	$15,600 +4%
2020	$512	$15,000
2019	$512 -15.7%	$15,000
2018	$608 -45.1%	$15,000
2017	$1,107 +81.3%	$15,000 -10.1%
2016	$611 -25.8%	$16,680
2014	$823	$16,680
2013	--	$16,680 -27.9%
2012	--	$23,120
2011	--	$23,120
2010	--	$23,120
2009	--	$23,120 +15.6%
2008	--	$20,000
2007	--	$20,000
2006	--	$20,000
2005	--	$20,000 -9.4%
2004	--	$22,080
2003	--	$22,080
2002	--	$22,080
2001	--	$22,080 +135.9%
2000	--	$9,360