Sold for $2,600,000

$2,600,000

3251 Old Getwell Rd, Memphis, TN 38118

--beds

--baths

56,144sqft

Multi Family

Built in 1973

-- sqft lot

$2,605,200 Zestimate^®

$46/sqft

$1,112 Estimated rent

Home value

$2,605,200

$2.47M - $2.76M

$1,112/mo

Zestimate^® history

Owner options

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$1,112/mo

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$1,112/mo

Rent Zestimate^®

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$13,072/mo

Est. payment

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$13,072/mo

Est. payment

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What's special

This 48-unit property is a value add opportunity located near East Memphis. There are 43-3/BR units and 5-2/BR units. The scheduled monthly income is 45509 per month at full occupancy. 12 units are remaining to be rehabbed. Drive by only. Please do not disturb residents.

Facts & features

Interior

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater
Laundry: None

Features

Flooring: Vinyl

Interior area

Total structure area: 56,144
Total interior livable area: 56,144 sqft

Property

Parking

Parking features: Asphalt/Blacktop

Lot

Size: 3.97 Acres
Dimensions: 253.675 x 311.235 IRR

Details

Parcel number: 073029 00006

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Veneer
Foundation: Slab
Roof: Pitched,Shingle/Shake

Condition

Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Memphis
Subdivision: Brook Hollow Commercial

HOA & financial

Other financial information

Total actual rent: 360431

Other

Other facts

Listing terms: Conventional

Price history

Date	Event	Price
11/12/2025	Sold	$2,600,000-22.4%$46/sqft
Source: MAAR #10192160 Report a problem
4/30/2025	Pending sale	$3,350,000$60/sqft
Source: MAAR #10192160 Report a problem
3/17/2025	Listed for sale	$3,350,000-6.8%$60/sqft
Source: MAAR #10192160 Report a problem
9/4/2024	Listing removed	$3,595,000-5.4%$64/sqft
Source: MAAR #10172400 Report a problem
7/15/2024	Price change	$3,799,000-7.3%$68/sqft
Source: MAAR #10172400 Report a problem
5/15/2024	Listed for sale	$4,100,000+32.7%$73/sqft
Source: MAAR #10172400 Report a problem
5/31/2023	Listing removed	--
Source: MAAR #10148212 Report a problem
5/18/2023	Listed for sale	$3,090,000-9.1%$55/sqft
Source: MAAR #10148212 Report a problem
4/27/2023	Listing removed	--
Source: MAAR #10141794 Report a problem
3/31/2023	Listed for sale	$3,400,000$61/sqft
Source: MAAR #10141794 Report a problem
3/9/2023	Pending sale	$3,400,000$61/sqft
Source: MAAR #10141794 Report a problem
2/18/2023	Listed for sale	$3,400,000$61/sqft
Source: MAAR #10141794 Report a problem
2/14/2023	Pending sale	$3,400,000$61/sqft
Source: MAAR #10141794 Report a problem
2/10/2023	Listed for sale	$3,400,000+1.5%$61/sqft
Source: MAAR #10141794 Report a problem
8/22/2022	Listing removed	--
Source: MAAR #10129456 Report a problem
7/22/2022	Pending sale	$3,350,000$60/sqft
Source: MAAR #10129456 Report a problem
7/22/2022	Listed for sale	$3,350,000$60/sqft
Source: MAAR #10129456 Report a problem
7/4/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
6/1/2021	Listed for rent	$950
Source: Zillow Rental Manager Report a problem