$1,546,000

Estimated payment $8,712/month

Total Views 1,871
40 Beds
-- Bath
15,500 Sq Ft
$100 Price per Sq Ft

About This Home

Millbranch is a 20-unit multifamily community featuring 2-bedroom units with central heating and air. Each unit is equipped with stoves and refrigerators, offering residents comfortable and functional living accommodations. Ideally located just minutes from FedEx, UPS, Memphis International Airport, and Graceland, the property benefits from strong employment and tourism drivers. The scheduled monthly rental income is $14,950 per month. Please do not disturb residents, drive by only.

Listing Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 05/12/2026

Crye-Leike Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1969

Lot Details

  • 36,155 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Shake Siding
  • Wood Composite

Interior Spaces

  • 15,500 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 078032 00001C

Community Details

Overview

  • 20 Units
  • Whitehaven Subdivision

Building Details

  • Insurance Expense $15,620
  • Utility Expense $10,104
  • Operating Expense $42,633

Property Details

Home Type

Apartment

Year Built

Built in 1969

Lot Details

0.83 Acres

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: Whitehaven
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 15500
  • Year Built: 1969
  • Construction: Brick, Wood/Composition, Shake/Shingle
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Wood Laminate Floors

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central
  • Heating Systems: Central

Lot Info

  • Acreage: 0.83
  • Lot Size: 431.65 X 171.17 IRR
  • Improved Sq Ft: 15500
  • Land Sq Ft: 36198
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 179400
  • Leaseable Sq Ft: 15500
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 078032 00001C

Multi Family

  • Perc Occ: 100
  • Total Number Of Units: 20
  • Number2 Bedroom Units: 20
  • Type of Unit: 2 BR - 1 Bath

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,345 $161,520 $26,080 $135,440
2024 $4,129 $121,800 $26,080 $95,720
2023 $7,420 $121,800 $26,080 $95,720
2022 $7,420 $121,800 $26,080 $95,720
2021 $7,507 $121,800 $26,080 $95,720
2020 $6,411 $88,480 $26,080 $62,400
2019 $6,411 $88,480 $26,080 $62,400
2018 $6,411 $88,480 $26,080 $62,400
2017 $3,637 $88,480 $26,080 $62,400
2016 $3,073 $70,320 $0 $0
2014 $3,073 $70,320 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2026 05/12/26 For Sale $1,546,000 +329.4% $100 / Sq Ft
06/30/2017 06/30/17 Sold $360,000 +20.0% -- View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $300,000 -- --
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $360,000 Baymark Title And Escrow
Quit Claim Deed -- None Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10221400

Memphis Area Association of REALTORS®
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