About This Home

This 0-bedroom, 0-bathroom multi-family at 3721 MILLBRANCH Rd in Memphis, TN is listed for $1,538,000 ($99 per sqft). Built in 1969, the home offers 15,500 sqft of living space on a N/A lot.

Key Features

  • Built in 1969

Property Details

1969
Listing Description

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.

Monthly Cost Estimate

$8,226/mo

20% down · 6.5% · 30 years

Principal$1,112
Interest$6,665
Insurance$449

Estimates only. Actual payments may vary.

Location

3721 MILLBRANCH Rd

Memphis, TN 38116

Lonnie E. Robertw

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 3721 MILLBRANCH Rd is listed at $1,538,000 ($99/sqft). The estimated monthly payment is $8,226 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969.

This property is listed by Jeffrey Moore.

JM

Jeffrey Moore

Agent at Crye Leike, Inc.

Listed by Crye Leike, Inc. · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10231572· Source: Memphis Area Association of Realtors®· 29 days on PropertySimple

Copyright © 2026 Memphis Area 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.

3721 MILLBRANCH Rd, Memphis, TN 38116

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