INVESTORS ONLY! Tenant occupied property being sold as-is. This home has 2 bedrooms and 1 bathroom and is currently being rented at $900 per month. This home could be a great addition to your investment portfolio. Many homes in this area are being rehabbed and sold for more money. Excellent BRRRR opportunity. Long term tenant who wants to stay. No sign in the yard, please do not disturb or approach the tenants. Please make all offers contingent on interior inspection. Cash offers only! No wholesalers, no assignments, no owner financing or subject to offers will be considered.
Single-familyProperty Type
1953Year Built
9,583 sq ftLot Size
Listed by Tyler Tapley• Crye-Leike, Inc., REALTORS
South Memphis Planning Dist, located between Downtown Memphis and the Mississippi state line, is a historic and industrial Memphis neighborhood with rail corridors and landmark music sites. The neighborhood’s character concentrates around the Stax Museum of American Soul Music on McLemore Avenue, where museumgoers, murals, and small local storefronts set a grounded, creative tone. Stax Museum of American Soul Music, The Four Way Soul Food Restaurant, and Earnestine & Hazel’s anchor local culture with deep Memphis roots. Housing ranges from early-20th-century cottages to brick mid-century blocks, with wide streets and working corridors shaping the streetscape. Martin Luther King Jr. Riverside Park and the riverfront add open-air breathing room. Major arterials like South Parkway and Elvis Presley Boulevard frame daily movement across the district.
Provided by Walk Score and Local Logic
Offer insights
3204 Millwood Rd · $53,000
$52.99K and above
75% chance or better to win
Why $52.99K+ is a strong offer
DAYS ON MARKET
227 days
The average home goes pending in 48 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Tile floors
Pantry
Bedrooms
2 bedrooms (both on the lower level)
Master bedroom about 15 x 9
Second bedroom about 13 x 10
Bathrooms
1 full bathroom
Kitchen
Kitchen approximately 10 x 8
Pantry
Flooring
Tile
Heating & cooling
Central heating
Central cooling
Exterior features
Front porch
Patio
Level lot with some trees
Home design
Detached single-family home
Traditional style
Single-story
Built in 1953
Parking
Driveway/pad
Construction
Vinyl siding
Utilities
Central heating
Central cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10216189
Oct 26, 2026
Price Changed
$53,000
Mar 6, 2026
Listed
$63,000
Memphis Area Association of Realtors(R) MLS #1
Nov 12, 2025
Price Changed
$63,500
Memphis Area Association of Realtors(R) MLS #10030897
Aug 13, 2018
Sold
$21,000
Jun 30, 2018
Listed
$25,000
+12
Great opportunity for investment purchase or owner occupant. 2 bedrooms and 1 full bath. Laminate flooring through out. Tile flooring in the kitchen. Property sold AS IS. View online photos.
Year
Property tax
Land + Additions
Assessment*
2025
$692 (+70.1%)
$1,900 + $11,225
$13,125
2024
$407 (+8.1%)
$1,900 + $11,225
$13,125
2023
$376
$1,375 + $4,800
$6,175
2022
$376 (−1.2%)
$1,375 + $4,800
$6,175
2021
$381 (−20.4%)
$1,375 + $4,800
$6,175
2020
$478
$1,375 + $4,800
$6,175
2019
$478
$1,375 + $5,225
$6,600
2018
$478 (+76.3%)
$1,375 + $5,225
$6,600
2017
$271 (−9.9%)
$1,375 + $5,225
$6,600
2016
$301
$1,375 + $5,225
$6,600
2014
$301
$1,375 + $5,525
$6,900
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
55 ft.
Lot depth
175 ft.
Lot size
9,625 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
782
Unfinished Sq. Ft.
—
Total Sq. Ft.
782
Year built
1953
Style
Single Family Residential
County
Shelby County
APN
075047 00025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential electrical
Install new electrical wiring. No low voltage work is included.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
87
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3204 Millwood Rd
$45,848
$7,152 under list price of $53K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $23K to $115K.