About This Home

This 0-bedroom, 0-bathroom multi-family at 1061 Phelps Lane in Milan, TN is listed for $199,000 ($116 per sqft). Built in 1978, the home offers 1,711 sqft of living space on a N/A lot.

Key Features

  • Built in 1978
  • 4 parking spaces

Property Details

1 story
4 spaces
1978

Amenities

A/C
Listing Description

Great property and location. Both units are rented. Please do not disturb tenants or walk property without an agent present.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

1061 Phelps Lane

Milan, TN 38358

Property Details

Construction

Brick

Outdoor Features

Porch

Parking

DrivewayOpen

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

Electric RangeElectric Water HeaterRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1061 Phelps Lane is listed at $199,000 ($116/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 4 parking spaces.

This property is listed by Ashley McMillan.

AM

Ashley McMillan

License 364534

Agent at Total Realty Source

Listed by Total Realty Source · Broker phone: 731-574-9340 · View on Broker Site

MLS# 2604750· Source: Central West Tennessee Association of Realtors· 20 days on PropertySimple

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1061 Phelps Lane, Milan, TN 38358

Open this listing in: