3236 Millington Rd

Memphis, TN 38127

$5,500,000
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.
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Aerial perspective showcasing multiple multi-unit buildings with dedicated surface parking lots
Aerial perspective showcasing multiple brick apartment buildings with white roofs
Brick exterior featuring a multi-story building with multiple entry doors and windows
Central green space featuring mature trees and a paved walkway separating two brick buildings
Brick exterior buildings with white columns, set on a sloped grassy terrain
Brick exterior apartment building featuring multiple units
Compact kitchen featuring wood-finish cabinetry, a built-in microwave, an integrated cooktop, a stainless steel sink, and a refrigerator
Kitchenette featuring wood cabinetry, stainless steel sink, dark countertop, and integrated cooktop
Room featuring light-toned square floor tiles, a window with blinds, a bi-fold closet with hanging rod, and a ceiling-mounted light fixture
Spacious interior room featuring neutral tile flooring, white walls, and a semi-flush mount ceiling light
Living area featuring light-colored tile flooring, white wall finishes, and a paneled entry door
Bedroom featuring neutral-toned tile flooring and white painted walls
Bright interior space featuring wood-finish flooring, white walls, a single window with blinds, a bi-fold closet, and a paneled door
Bathroom featuring a white bathtub, ceramic tile shower surround, chrome shower fixtures, white toilet, and a vanity with a white sink and chrome faucet
Interior hallway featuring tile flooring, white painted walls, and overhead lighting fixtures
Interior hallway featuring light-toned tile flooring, white baseboards, and neutral wall paint
On-site laundry facility featuring multiple front-loading washing machines and stacked dryers
Commercial-grade laundry facility featuring multiple front-loading washing machines, dedicated drying units, and a folding station with a countertop
Centralized mailboxes with individual compartments
Brick exterior structure featuring two garage bays with white roll-up doors, a central entry door, and a covered overhang with shingle-style siding
Brick exterior featuring a covered entryway with white columns and dark trim
Expansive green space surrounded by brick apartment buildings
Brick exterior buildings featuring multiple windows and a flat roofline
Brick exterior facade with white window trim and a columned entryway
Manicured grassy areas surround multiple brick apartment buildings featuring white structural columns and white window frames
Brick building exterior with multiple windows and white downspouts
Brick exterior apartment building with a flat roofline, featuring individual window openings
Aerial perspective showcasing multiple brick apartment buildings
Aerial perspective of multiple low-rise structures with flat roofs and brick facades
Property featuring multiple multi-unit residential buildings, ample surface parking, and extensive green spaces
Aerial view showcasing multiple brick residential buildings

Description

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,...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.
  1. Listed by Jordan Schieffler • Ware Jones, REALTORS

Property Details for 3236 Millington Road

Area
724B
MAAR Subdivision Name
CRUTCHFIELD
Legal Subdivision Name
CRUTCHFIELD
LISTING UPDATED: 07/10/2026 10:26 AM

Property Details for 3236 Millington Road

StatusActive
MLS #10225795
Days on Market2
Taxes$55,451 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Flat/Garden Units
Year Built1964
Lot Size1.84 AC / 80,176 SF
CountyShelby County
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Location

Listing Courtesy of Ware Jones, REALTORS
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Building Information for 3236 Millington Road

Stories2Residences76Year Built1964Building Size-Lot Size1.84 AC / 80,176 SF

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$32,028 per month

30 year fixed, 6.36% Interest

Principal and Interest

$27,407

Property Taxes

$4,621

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3236 Millington Road

Summary
Location and General Information
  • Address: 3236 MILLINGTON RD
  • Address Search Number: 3236
  • Directions: From 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 property will be on your right.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 07-10-2026
  • Geo Zoom Level: 18.00
  • Map Coordinate: B
  • MLS Map Num: Westside
Taxes and HOA Information
  • Hot Water: Electrical, Individual System, Public Sewer, Public Water
  • LVT Date: 07-10-2026
Property
Lot Information
  • Lot Size: 225.85 X 355 IRR
  • Lot Num: 1
  • Parcel ID: 069033 00014C
  • Zoning: RU-3
Property and Assessments
  • Amenities: Balcony/Patio, B-B-Q Pit/Area, Leasing Office, Maintenance Office, Dumpster
  • Foundation: Laundry Facility, Slab
  • Percent Occupancy: 87
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Flat, Roll
Interior Features
  • Appliances / Equipment: Refrigerator, Cooktop/Wall Oven, Disposal, Dishwasher, Exhaust Fan/Vent Hood, Microwave, Smoke Detector(s)
  • Floors/Ceilings: 8 Feet, Dry Wall, Tile, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 16
  • Num of 2 Bedroom Units: 60
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 10
  • Num Other Units: 0
  • Assumption: No Assumption
  • Construction: Brick/Veneer
  • Cooling Systems: Central, Individual Cooling
  • Existing Financing: Conventional Fixed
  • Gross Potential Annl Rent: $737,760
  • Heating Systems: Central, Electrical, Individual Systems
  • Land Sqft: 205388
  • Laundry: Common Laundry, Equipment Owned
  • Miscellaneous Exterior: Curbs/Gutters, Sidewalks, Some Landscaping, Wood Fence, Chain Fence, Partically Fenced, Security Gate
  • Operating Expenses: Accounting/Legal, Insurance, On-Site Management, Payroll, Repairs/Maintenance, Some Utilities, Taxes, Trash Collection
  • Parking Facility: Asphalt/Blacktop, Secured
  • Possession: At Closing
  • Sale Includes: All Appliances, All Equipment, Building and Land, Business Name, Signage, Some Furnishing
  • Source Of Info: Owner, Rent Roll
  • Tenant Pays: Electric, Gas, Pet Depost, Security Deposit, Some Utilities
  • Trade Business Name: Urban Bayou Apts LLC
  • Type Units: 1 BR - 1 Bath, 2 BR - 1 Bath, Unfurnished

Property History for 3236 Millington Road

DateEvent & SourcePriceAppreciation
Jul 10, 2026

Listed (Active)

MAARMLS #10225795

$5,500,000—
Aug 31, 2023

Sold (Public Record)

Public Record #1517576510

$4,560,000

+51.1% / yr

May 25, 2023

Temporarily Off Market

MAARMLS #10138998

—
DateEvent & SourcePrice
07/10/2026

Listed (Active)

MAARMLS #10225795

$5,500,000
08/31/2023

Sold (Public Record)

Public Record #1517576510

$4,560,000

+51.1% / yr

05/25/2023

Temporarily Off Market

MAARMLS #10138998

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3236 Millington Road

Taxable ValueLand$47,160Additions$1,004,880Total$1,052,040
Tax Record2024$69,281 ($5,773 / month)
Home Facts
Baths4Total Finished SqFt13,670 SqFtAbove Grade Finished SqFt13,670 SqFtStories1Lot Size205,385 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated2008ZoningRU-3CountySHELBYAPN069-033- - -00014-C

Schools near 3236 Millington Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Westside Elementary School
Public - PK to 5
Grandview Heights Middle
Public - 6 to 8
Trezevant High School
Public - 9 to 12
Whitney Elementary School
Public - PK to 5
Rating
School
Distance
Westside Elementary School
PublicPK to 5

Grandview Heights Middle
Public6 to 8

Trezevant High School
Public9 to 12

Whitney Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3236 Millington Road, Memphis, TN 38127

3236 Millington Road is a multi-family home for sale in Memphis, TN 38127. This property was listed for sale on July 10, 2026 by Ware Jones, REALTORS, it's currently listed at $5,500,000. It has been on the market for a total of 2 days and was last sold on August 31, 2023. This listing's school district is Shelby County Schools. Nearby schools include Westside Elementary School, Grandview Heights Middle and Trezevant High School. 3236 Millington Road is a 0-bed, 0-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ware Jones, REALTORS

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.