Four-Unit Duplex
New
For Sale
$580,000
1063 - 1065 & 1085 - 1087 Craig Dr, Milan, TN 38358
Two buildings provide updated interiors, tenant-paid utilities, private outdoor areas, and leases extending through 2027.
Property Size4,479 SF
Price / SF$129.49
Days on Market3
Property Features for 1063 - 1065 & 1085 - 1087 Craig Dr
General Information
Standard status
Active
Size
4,479 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$71,400
Utilities to Site
Yes
Multifamily Units
4
Amenities
back decks
covered patios
storage shed
Building Details
Year Built
1985
Buildings
2
Listing Agency:
Wendell Alexander Realty
(731) 984-2200
Listed By:
Haltom Real Estate
(731) 984-2200
Source:
Haltomhometeam
Added: Aug 28
Changed: Aug 30
Last Checked: Aug 30 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wendell Alexander Realty
Investment Insights
Based on property information with market context.
This offering combines two duplex buildings at 1063–1065 and 1085–1087 Craig Dr in Milan, Tennessee, with 4,479 square feet across four residential units. The property was built in 1985, and three of the four units have received recent interior work, including LVP flooring, fresh paint, updated fixtures, and updated faucets. Unit 1065 adds a new HVAC system, stainless steel appliances, and granite countertops, while Unit 1087 includes a new stove.
The 1063–1065 building has a new architectural shingle roof, two one-car carports, a storage shed, and back decks. The 1085–1087 building offers covered back patios. Each unit includes private outdoor space and utility storage. Separate gas and electric meters place utility payments with the tenants, and current leases extend through 2027.
The 1063–1065 building has a new architectural shingle roof, two one-car carports, a storage shed, and back decks. The 1085–1087 building offers covered back patios. Each unit includes private outdoor space and utility storage. Separate gas and electric meters place utility payments with the tenants, and current leases extend through 2027.
Key Highlights
- Two duplex buildings totaling 4 units and 4479 square feet
- Recent interior updates completed in 3 of 4 units
- New architectural shingle roof at 1063‑1065
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 38358, TN
12,153
Population
5,113
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
82.7 sq mi
ZIP Area
147
Density / Sq Mi
$65,537
Median Household Income
$39,429
Median Earnings
$808
Median Rent
$157,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two buildings provide updated interiors, tenant-paid utilities, private outdoor areas, and leases extending through 2027.
Where is this duplex located?
The property is located at 1063 - 1065 & 1085 - 1087 Craig Dr Milan, TN.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Two duplex buildings totaling 4 units and 4479 square feet; Recent interior updates completed in 3 of 4 units; New architectural shingle roof at 1063‑1065
