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3721 MILLBRANCH RD Memphis, TN $ 1,538,000
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3721 MILLBRANCH RD
$ 1,538,000
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3721 MILLBRANCH RD

Memphis, TN, 38116
$ 1,538,000
Bedrooms40 Baths20.0 Sq 15,500

Monthly Estimate*

$ 9,711

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Multi-Family Home for sale in Memphis, TN

for $1,538,000 with 40 bedrooms and 20 full baths. This 15,500 square foot home was built in 1969.

This 20 unit has all 2 bedroom units. The property has a long-established rental history and scheduled rents of approximately $15,500 per month .Located minutes from Memphis International Airport and major FedEx and UPS employment hubs, the property is positioned near some of Memphis' most significant employment activity. The retiring owner is ready to make a deal and has reduced the price to generate serious activity. This is an opportunity for an experienced investor

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Multi-Family Active

Price

$ 1,538,000

Bedrooms

40

Full Bath

20

Property Type

Multi-Family

Taxes

$ 8,514

Style

Apartment Building

Year Built

1969

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10231572
Features
General
Roof Composition
Construction Brick Shake/Shingle
Status Active Active
Legal Subdivision Name Lonnie E. Robertw
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N None
Type Apartment Building
Area 764C Whitehaven/Graceland
Parcel Number 078032 00001C
Sale/Rent For Sale
Status Detail 0
Year Built 1969
Directions Take Winchester (W) to Millbranch. Go (S) on Millbranch to 3721 Millbranch
City Memphis
DOM 1
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 431.65 X 171.17 IRR
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Electrical
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* Excluded Features
List By
Crye-Leike Commercial

Broker

Affordability Calculator

$10,421
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,711
Monthly Property Taxes
$710
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/1/2026$1,538,000 Listed Price

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3721 MILLBRANCH RD, Memphis, TN, 38116 is a Multi-Family Home for sale at $1,538,000 with 15,500 sqft. 3721 MILLBRANCH RD has 40 bedrooms, 20.0 baths, and was built in 1969. The property's zip code is 38116 which is in Memphis, TN

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