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3721 Millbranch Rd

Memphis, TN 38116
  • $1,546,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 10221400
UPDATED: 26 min ago
$1,546,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

Description

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.

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© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-07-15T21:03:19.85.
www.redsearealtyco.com/homes/176387823
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3721 Millbranch Rd Memphis, TN 38116

  • Price: $1,546,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 26 min ago
  • MLS #: 10221400
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1969
Built
Neighborhood:
Whitehaven
County:
Shelby
Area:
Whitehaven/Graceland
Property Description
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.
Exterior Features

Buildings 1 Construction BrickShake/ShingleWood/Composition Foundation Slab Land Sq Ft 36198 Lot Size 431.65 X 171.17 IRR Parking Facility Asphalt/Blacktop Roof Shingle/Shake

Interior Features

Cooling Systems Central Floors And Ceilings Wood Laminate Floors Heating Systems Central Hot Water Electrical Improved Sq Ft 15500 Laundry None Leaseable Sq Ft 15500

Property Features

1 Bedroom Units 0 2 Bedroom Units 20 3 Bedroom Units 0 Actual Annual Rent 179400 Annual City Tax 4169 Annual County Tax 4345 Annual Insurance Expenses 15620 Annual Operating Expenses 42633 Assumption No Assumption Average Annual Utilities 10104 Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 204000 Legal Subdivision Name Whitehaven Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceRepairs/MaintenanceSome UtilitiesTaxes Other Units 0 Percent Occupancy 100 Possession Tenants Rights Sale Includes Building and Land Source Of Info Owner Tenant Pays Some Utilities Type Of Leases Year Type Of Units 2 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike Commercial: 901-758-5670.



© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-07-15T21:03:19.85.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654