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Listing Detail - Nashville Home and Farms

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Memphis, TN 38127 3236 MILLINGTON RD

3236 MILLINGTON RD Memphis, TN - Image 13236 MILLINGTON RD Memphis, TN - Image 23236 MILLINGTON RD Memphis, TN - Image 3
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Presented By: Ware Jones, REALTORS
  • MLS# 10225795
  • 07/10/2026
  • Request Tour
  • Request Info
  • Beds • 136
  • Baths • 76
  • SQFT • 61,458

Home Details

Welcome to Urban Bayou Apartments! By far the nicest complex in this fast developing area. Immediate Cash Flow, turn key, garden style apartment complex. 76 units, 16 1 bedroom and 60 2 bedroom with a total of 10 buildings including a laundry facility and maintenance building. 1st floor units have tile flooring/2nd floor units have LVP. Currently 66 of the units are rented - fully rented potential is $61K monthly. On site office/property manager! Major upgrades in 2019 including new roof, HVAC, electrical, plumbing plus a total rehab of each unit. Recently HWH have been upgraded to tankless. Laundry facility is currently not in use but all owned equipment so it would profit $800 - 1500 per month. This is an incredible opportunity to invest in a turn key property but with room for improvements to boost its profitability even more.
Presented By: Ware Jones, REALTORS

Interior Features for 3236 MILLINGTON RD

Bedrooms

# 1 Bedroom Units16
# 2 Bedroom Units60
# 3 Bedroom Units

Other Interior Features

Total # of Units76
# Efficiency/Studio Units0
# Other Units
FLOORS/CEILINGS8 Feet, Dry Wall, Tile, Vinyl Floor
Hot WaterElectrical, Individual System, Public Sewer, Public Water

General for 3236 MILLINGTON RD

AmenitiesB-B-Q Pit/Area, Balcony/Patio, Dumpster, Leasing Office, Maintenance Office
Annual City Tax27151
Annual County Tax28300
Area724B
AreaWestside
COOLING SYSTEMSCentral, Individual Cooling
CityMemphis
ClassMulti-Family
ConstructionBrick/Veneer
CountyShelby
DOM27
DirectionsFrom 240, take Exit 2A for US-51 N / Danny Thomas Blvd. Continue north on US-51 N (Thomas St) for approximately 4 miles. Turn right onto Whitney Ave, then make an immediate left onto Millington Rd. The
HEATING SYSTEMSCentral, Electrical, Individual Systems
Laundry Y/NCommon Laundry, Equipment Owned
Legal Subdivision NameCRUTCHFIELD
OPERATING EXPENSESAccounting/Legal, Insurance, On-Site Management, Payroll, Repairs/Maintenance, Some Utilities, Taxes, Trash Collection
Parcel Number069033 00014C
Percent Occupancy87
RoofFlat, Roll
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2
TypeFlat/Garden Units
Year Built1964
ZoningRU-3

Exterior for 3236 MILLINGTON RD

FoundationLaundry Facility, Slab
Land SqFt205388
Lot1
Lot Size225.85 X 355 IRR
MISCELLANEOUS EXTERIORChain Fence, Curbs/Gutters, Partically Fenced, Security Gate, Sidewalks, Some Landscaping, Wood Fence
Number of Buildings10
Parking FacilityAsphalt/Blacktop, Secured

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $5,500,000
MLS#10225795
List Date 07/10/2026
Property Type Multi-Family
Request Tour
Request Info
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