Sold for $350,000

$350,000

94 N McLean Blvd, Memphis, TN 38104

--beds

--baths

2,942sqft

Multi Family

Built in 1925

-- sqft lot

$350,800 Zestimate^®

$119/sqft

$1,482 Estimated rent

Home value

$350,800

$330,000 - $372,000

$1,482/mo

Zestimate^® history

Owner options

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$1,482/mo

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$1,482/mo

Rent Zestimate^®

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$2,159/mo

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$2,159/mo

Est. payment

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What's special

Covered porchesAll appliancesOff-street parkingUpdated unitsCentral heat and air

Turn-key triplex in the heart of Midtown, just minutes from Overton Park, Overton Square, and Minglewood Hall. This well-maintained property features three updated units: a 2BR/1BA front unit, a 1BR/1BA unit, and a 1BR/1.5BA unit. Each unit comes equipped with all appliances, central heat and air, covered porches, and off-street parking—a rare convenience in this highly desirable area. Many recent updates have been made. The 2022 roof adds to the property’s value, making it a low-maintenance investment. With its prime location and strong rental potential, this triplex is perfect for investors or owner-occupants looking to house-hack while generating passive income. PLEASE NOTE: Duplex next door at 98 N McLean is also for sale ($225,000). Buy one or buy both!

Facts & features

Interior

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator, Range/Oven (Built-In), Disposal, Dishwasher, Microwave, Gas Water Heater
Laundry: Dryer in Unit, Washer in Unit

Features

Square Feet Source:Appraisal
Flooring: Hardwood, Tile, Vinyl, Partial Carpet
Windows: Storm Window(s)
Basement: Partial

Interior area

Total interior livable area: 2,942 sqft

Property

Parking

Parking features: Concrete, Assigned, 1 Per Unit

Features

Stories: 1.2
Exterior features: Sidewalks, Some Landscaping, Ceiling Fan(s)

Lot

Size: 5,500 Square Feet
Dimensions: 44 x 125

Details

Parcel number: 017049 00061

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Roof: Composition

Condition

Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Philips-towne Final Plan

Location

Region: Memphis

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $279,000
Annual tax amount: $3,891
Date on market: 3/15/2025
Cumulative days on market: 52 days
Listing terms: Conventional,FHA/VA,1031 Exchange
Inclusions: All Appliances
Lease term: 12 Months
Tenant pays: All Utilities, Cable TV

Price history

Date	Event	Price
10/27/2025	Sold	$350,000$119/sqft
Source: MAAR #10192075 Report a problem
5/29/2025	Pending sale	$350,000$119/sqft
Source: MAAR #10192075 Report a problem
4/9/2025	Listed for sale	$350,000$119/sqft
Source: MAAR #10192075 Report a problem
3/27/2025	Pending sale	$350,000$119/sqft
Source: MAAR #10192075 Report a problem
3/15/2025	Listed for sale	$350,000+239.8%$119/sqft
Source: MAAR #10192075 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
12/11/2017	Listing removed	$925
Source: Owner Report a problem
11/29/2017	Price change	$925-5.1%
Source: Owner Report a problem
10/30/2017	Listed for rent	$975
Source: Owner Report a problem
7/11/2003	Sold	$103,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,882 +51.2%	$111,600 +88.9%
2024	$3,891 +8.1%	$59,080
2023	$3,599	$59,080
2022	--	$59,080
2021	--	$59,080 -8.8%
2020	$2,071	$64,800
2019	$2,071 -21.1%	$64,800
2018	$2,624 -45.1%	$64,800
2017	$4,783 +131.4%	$64,800 +6.6%
2016	$2,067 +54.2%	$60,800
2014	$1,341	$60,800
2013	--	$60,800 +44.6%
2012	--	$42,040
2011	--	$42,040
2010	--	$42,040
2009	--	$42,040
2008	--	$42,040
2007	--	$42,040
2006	--	$42,040
2005	--	$42,040 -10.1%
2004	--	$46,760
2003	--	$46,760
2002	--	$46,760
2001	--	$46,760 +37.9%
2000	--	$33,920