4221 MILLBRANCH RD Memphis, TN ^$ 150,000

4221 MILLBRANCH RD

^$ 150,000

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4221 MILLBRANCH RD

Memphis, TN, 38116

^$ 150,000

Studio Baths0.0

Monthly Estimate*

^$ 997

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Studio

Commercial Property for sale in Memphis, TN

for $150,000. This building was built in 1959.

Commercial Investment Opportunity. The property sit on approximately .66 acre, originally a beauty salon. The owner updated the interior and exterior in 2022, converting the property into a rental, renting for $1,200 a month. The property can continue being used as a rental or repurposed.

Commercial Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,627

Style

Office

Year Built

1959

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10172418

Features

General

Roof Composition Shingles

Status Active Active

Legal Subdivision Name FERGUSON

Stories 1

Class Commercial/Industrial

Type Office

Area 768A Whitehaven/Southland Mall

Road Frontage City Street

Year Built 1959

City Memphis

Exterior

Foundation Conventional/Crawl Space

Number of Buildings 1

Lot Size 84x351x80x352

Parking Facility Concrete

Interior

Hot Water Electric Hot Water

Floors Hardwood

Heating Central

* Excluded Features

List By

Lawrence Johnson, Realtors

Broker

Affordability Calculator

$1,216

Per Month

Monthly Principal & Interest: $997
Monthly Property Taxes: $219
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Memphis, TN

Average List Price ^$498,230

Percent of Sale Price 232%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$150,000		Listed Price

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4221 MILLBRANCH RD, Memphis, TN, 38116 is a Commercial Property for sale at $150,000. 4221 MILLBRANCH RD is a studio with 0.0 baths and was built in 1959. The property's zip code is 38116 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

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.

Data is updated as of 5/15/2024.

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4221 MILLBRANCH RD

Commercial Property for sale in Memphis, TN

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