3721 Millbranch Rd

Memphis, TN 38116

$1,546,000
Price
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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.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.
  1. Listed by Jeffrey Moore • Crye-Leike Commercial

Property Details for 3721 Millbranch Road

Area
764C
MAAR Subdivision Name
Whitehaven
Legal Subdivision Name
Whitehaven
LISTING UPDATED: 05/15/2026 12:15 PM

Property Details for 3721 Millbranch Road

StatusActive
MLS #10221400
Days on Market21
Taxes$8,514 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1969
Lot Size1.70 AC / 73,885 SF
CountyShelby County
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Location

Listing Courtesy of Crye-Leike Commercial
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Building Information for 3721 Millbranch Road

Stories2Residences20Year Built1969Building Size-Lot Size1.70 AC / 73,885 SF

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$8,413 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,704

Property Taxes

$710

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3721 Millbranch Road

Summary
Location and General Information
  • Address: 3721 MILLBRANCH RD
  • Address Search Number: 3721
  • Directions: Take Winchester (E) past Elvis Presley to Millbranch. Go (S) on Millbranch to 3721 Millbranch
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 05-12-2026
  • Geo Zoom Level: 18.00
  • Map Coordinate: C
  • MLS Map Num: Whitehaven/Graceland
Taxes and HOA Information
  • Hot Water: Electrical
  • LVT Date: 05-12-2026
  • Annual Insurance Expenses: $15,620
Property
Lot Information
  • Lot Size: 431.65 X 171.17 IRR
  • Parcel ID: 078032 00001C
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 100
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Floors/Ceilings: Wood Laminate Floors
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 20
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Annual Operating Expenses: $42,633
  • Assumption: No Assumption
  • Average Annual Utilities: $10,104
  • Construction: Brick, Wood/Composition, Shake/Shingle
  • Cooling Systems: Central
  • Existing Financing: Conventional Fixed
  • Gross Potential Annl Rent: $204,000
  • Heating Systems: Central
  • Improved Sqft: 15500
  • Land Sqft: 36198
  • Laundry: None
  • Leaseable Sqft: 15500
  • Operating Expenses: Insurance, Some Utilities, Repairs/Maintenance, Taxes
  • Parking Facility: Asphalt/Blacktop
  • Possession: Tenants Rights
  • Sale Includes: Building and Land
  • Source Of Info: Owner
  • Tenant Pays: Some Utilities
  • Type Units: 2 BR - 1 Bath

Property History for 3721 Millbranch Road

DateEvent & SourcePriceAppreciation
May 12, 2026

Listed (Active)

MAARMLS #10221400

$1,546,000—
Jun 30, 2017

Sold

MAARMLS #9985442

$360,000—
Jun 29, 2017

Sold (Public Record)

Public Record #602468431

$360,000—
DateEvent & SourcePrice
05/12/2026

Listed (Active)

MAARMLS #10221400

$1,546,000
06/30/2017

Sold

MAARMLS #9985442

$360,000
06/29/2017

Sold (Public Record)

Public Record #602468431

$360,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3721 Millbranch Road

Taxable ValueLand$26,080Additions$135,440Total$161,520
Tax Record2024$10,637 ($886 / month)
Home Facts
Baths1Total Finished SqFt15,500 SqFtAbove Grade Finished SqFt15,500 SqFtStories1Lot Size36,198 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningRU-3CountySHELBYAPN078-032- - -00001-CFireplace TypeHas Fireplace

Schools near 3721 Millbranch Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Robert R. Church Elementary School
Public - PK to 5
A. Maceo Walker Middle School
Public - 6 to 8
Hillcrest High School
Charter - 9 to 12
Memphis School of Excellence Cordova
Charter - 6 to 12
Rating
School
Distance
Robert R. Church Elementary School
PublicPK to 5

A. Maceo Walker Middle School
Public6 to 8

Hillcrest High School
Charter9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3721 Millbranch Road, Memphis, TN 38116

3721 Millbranch Road is a multi-family home for sale in Memphis, TN 38116. This property was listed for sale on May 12, 2026 by Crye-Leike Commercial, it's currently listed at $1,546,000. It has been on the market for a total of 21 days and was last sold on June 30, 2017. This listing's school district is Shelby County Schools. Nearby schools include Robert R. Church Elementary School, A. Maceo Walker Middle School and Hillcrest High School. 3721 Millbranch Road is a 0-bed, 0-bath, multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike Commercial

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. 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. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.