Price Reduction - Primary on Main
Address
1511 Mcmillan St, Memphis, TN
Price
$ 105,000
Property Attributes
- MLS#10222815
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaSouth Memphis-61 Hwy
- NeighborhoodLAUDERDALE ST PLACE BLK 10
- Zip38106
- StyleTraditional
- Year Built1960
- Taxes$ 1150
- Price$ 105,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage925
- Lot Size0.08 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering value-add potential for investors. 125 E McKellar Ave – Vacant and ideal for an investor or owner-occupant. 2319 Shasta, 1511 McMillan, and 635 E Mallory also in portfolio. Portfolio Option: Purchase all six properties together fora total price of $600,000. This package provides flexibility for renovations, strong rental potential, and an excellent opportunity to build or expand your investment portfolio. photo digitally edited to remove items from front yard. Items in front yard will be removed. Showings available after an accepted offer.
| Price History | |
|---|---|
| 5/31/2026 | Listed $120,000 |
| 8/27/2026 | 13$105,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | LAUDERDALE ST PL BLK 10 |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 747B |
| Parcel Number | 034029 00015 |
| Status | Active |
| Annual City Tax | 563 |
| Annual County Tax | 587 |
| Sale/Rent | For Sale |
| Area | South Memphis/61 Hwy |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1960 |
| Directions | Turn right onto S Parkway E,Turn left onto McMillan St,home is on the right. |
| City | Memphis |
| DOM | 109 |
Interior Features
| Living Room | Separate Living Room,Separate Dining Room,W/D Connection in Kitchen |
|---|---|
| Beds | 3 |
| Total Baths | 1 |
| Number of Rooms | 3 |
| Downstairs Bedrooms | 3 |
| BEDROOM 4 DESCRIPTION | Level 1 |
| FLOORS/CEILINGS | Wood Laminate Floors,Vinyl/Luxury Vinyl Floor |
| INTERIOR EQUIPMENT | Range/Oven |
| BEDROOM 2 DESCRIPTION | Level 1 |
Exterior Features
| Foundation | Slab |
|---|---|
| Pool | None |
| Lot | E PT 24 |
| Lot Size Area | 0.08 |
| Water & Sewer | Electric Water Heater,Public Sewer,Public Water |
| Lot Size | 45X80 |
| Parking Display | No |
| Lot Description | Level |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Wrought Iron Security Drs |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38106
Price
Taxes
Year Built
Visits
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