$1,722 Closing Credit¹
#10194591, Listing Office: C21 Patterson & Assoc. Real Es
$150,000 List price
3585 Millard Rd Memphis, TN 38109
$1,781
Closing credit¹
3 beds
2 full
0.2 acres
House
Property details
About 3585 Millard Rd
Presenting an excellent investment opportunity at 3585 Millard! This well-maintained 3-bedroom, 2-bathroom home is currently tenanted until October 2025 with a monthly rent of $1,415, offering reliable, steady rental income for the next few years. The home features a spacious, open living area filled with natural light, perfect for both relaxing and entertaining. The kitchen is equipped with modern appliances and plenty of cabinet space, while the cozy dining nook is ideal for home meals. The three generously sized bedrooms offer ample space, and the two updated bathrooms provide comfort and convenience for tenants. The large, private backyard provides plenty of space for outdoor activities and offers tenants a great spot to unwind. Situated in a desirable Memphis neighborhood, this home is located near schools, dining, and major highways. This property is perfect for investors looking for an income-generating asset with a reliable tenant in place through October 2025.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.18 Acres
Year built1959
ParkingDriveway/Pad
MLS #10187846
Summary
- Full Bathrooms: 2
- Flooring Type: Part Carpet
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Porch
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $150,000
- Annual Tax Amount: $813
- Tax Year: 2024
- Lot: Level
- Directions: Get on I-40 W from Macon Rd and Raleigh Lagrange Rd 12 min (5.1 mi) Take I-240 W to US-61 S/S 3rd St. Take exit 7 from I-55 N 18 min (18.7 mi) Continue on US-61 S/S 3rd St. Drive to Vernelle Ave 6 min (2.5 mi)
- Year Built: 1959
- Stories: 1
- Lot Size: 0.18 Acres
- MLS Number: 10187846
- Office Name: Foundation Property Management
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: 5/12/2025, 10:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$150,000
3585 Millard Rd
$1,781
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $13,350 | $813 |
| 2023 | $13,350 | $813 |
| 2022 | $13,350 | $822 |
| 2021 | $13,350 | $822 |
| 2020 | $11,075 | $802 |
| 2019 | $11,075 | $802 |
| 2018 | $11,075 | $455 |
| 2017 | $11,075 | $515 |
History based on county public records data.
Nearby schools
4
Ford Road Elementary School
Public District PK-5
0.6 mi
•3336 Ford Rd
2
Levi Elementary School
Public District PK-5
0.6 mi
•135 W Levi Rd
5
Freedom Preparatory Academy Westwood Elementary at Parkrose
Public Charter KG-5
2.0 mi
•778 Parkrose Ave
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 $24,010. Most Memphis, TN residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
69%
<35k
28%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
53%
Single, No Kids
25%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
35%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3585 Millard Rd
The listing price of 3585 Millard Rd property is $150,000.
The property 3585 Millard Rd is a house located in Memphis, Tennessee, 38109.
Active Listing: 3585 Millard Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3585 Millard Rd are: Ford Road Elementary School (GreatSchools Rating 4/10), Levi Elementary School (GreatSchools Rating 2/10), Freedom Preparatory Academy Westwood Elementary at Parkrose (GreatSchools Rating 5/10), Chickasaw Middle School (GreatSchools Rating 2/10), Freedom Preparatory Academy Whitehaven Middle at Brownlee Ca (GreatSchools Rating 4/10), Riverview School (GreatSchools Rating 3/10), Mitchell High School (GreatSchools Rating 2/10), Westwood High School (GreatSchools Rating 3/10), Freedom Preparatory Academy Flagship (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $813 (source: MLS/based on county public records data).
The property at 3585 Millard Rd has 3 bedrooms and 2 bathrooms.
The year of construction for 3585 Millard Rd is 1959.
This home is located at 3585 Millard Rd in Memphis, TN and zip code 38109 in the Walker Homes neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $150,000.
While more than 51 listings in Memphis, TN in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 223 were sold below. The inventory of homes for sale in Memphis, TN between March and April 2025 increased by 13.8%.
From Rocket Homes Real Estate and based on county public records data.