Property details
About 3251 Old Getwell Rd
This 48-unit property is a value add opportunity located near East Memphis. There are 43-3/BR units and 5-2/BR units. The scheduled monthly income is 45509 per month at full occupancy. 12 units are remaining to be rehabbed. Drive by only. Please do not disturb residents.
Highlights
Summary
- Basement: Yes
- Flooring Type: Vinyl Floor
- Parking: Asphalt/Blacktop
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $3,350,000
- Annual Tax Amount: $2,997
- Tax Year: 2024
- Directions: Take Lamar (E) past Knight Arnold to Old Getwell . Go (L) on Old Getwell to 3251 Old Getwell
- Year Built: 1973
- MLS Number: 10192160
- Office Name: Crye-Leike Commercial
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,350,000
3251 Old Getwell Rd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 13, 2018 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $49,200 | $2,997 |
| 2023 | $49,200 | $2,997 |
| 2022 | $49,200 | $3,032 |
| 2021 | $49,200 | $3,032 |
| 2020 | $49,200 | $3,536 |
| 2019 | $48,800 | $3,536 |
| 2018 | $48,800 | $2,005 |
| 2017 | $48,800 | $2,132 |
History based on county public records data.
Nearby schools
6
Parkway Village Elementary School
Public District PK-5
0.7 mi
•3000 Claudette Rd
4
Sheffield Elementary School
Public District PK-5
0.7 mi
•4290 Chuck Ave
4
Getwell Elementary School
Public District PK-5
0.8 mi
•2795 Getwell Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,783. Most Memphis, TN residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Wrestling
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Cicis Pizza
What do the neighbors drive?
Chevrolet
Kia
Pontiac
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards- Urban Contemporary
Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 3251 Old Getwell Rd
The listing price of 3251 Old Getwell Rd property is $3,350,000.
The property 3251 Old Getwell Rd is a condo located in Memphis, Tennessee, 38118.
Active Listing: 3251 Old Getwell Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3251 Old Getwell Rd are: Parkway Village Elementary School (GreatSchools Rating 6/10), Sheffield Elementary School (GreatSchools Rating 4/10), Getwell Elementary School (GreatSchools Rating 4/10), American Way Middle School (GreatSchools Rating 3/10), Oakhaven Middle School (GreatSchools Rating 3/10), Wooddale Middle School (ASD) (GreatSchools Rating 3/10), Sheffield High School (GreatSchools Rating 2/10), Oakhaven High School (GreatSchools Rating 4/10), Memphis School of Excellence (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,997 (source: MLS/based on county public records data).
The last sale was on June 13, 2018 for $190,000 (source: MLS/tax record).
The property at 3251 Old Getwell Rd has 0 bathroom.
The year of construction for 3251 Old Getwell Rd is 1973.
This home is located at 3251 Old Getwell Rd in Memphis, TN and zip code 38118. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $3,350,000.
While more than 46 listings in Memphis, TN in March 2025 were sold above asking price, there were more than 105 listings sold at asking price, and more than 216 were sold below. Between February and March 2025, Memphis, TN real estate market has seen increase in the number of listings by 14.8%.