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Renovated 5-Unit Apartment Building
For Sale
Contact for pricing

1137 Argus Street, Milan, TN 38358

Multifamily property with three recently renovated units and a consistent two-bedroom, one-bathroom layout.

Property SizeContact for details
Days on Market153

Property Features for 1137 Argus Street

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Building Details

Year Built 1977
Listing Agency: Hickman Realty Group: Milan Office
Listed By: Scott Beasley · License #TN 343923
Source: Crexi
Added: Apr 1 Changed: Aug 31 Last Checked: Aug 31 at 5:58AM

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 Hickman Realty Group: Milan Office

Investment Insights

Based on property information with market context.

Built in 1977, this five-unit apartment property offers a consistent configuration across the building, with every residence arranged as two bedrooms and one bathroom. Three units have undergone recent renovations, providing updated finishes within the existing multifamily layout.

The property is located at 1137 Argus Street in Milan, Tennessee, near schools, shopping, and major routes. The asset is described as income-producing and is positioned for continued rental use within a West Tennessee market.

Key Highlights

  • Five‑unit apartment property in Milan, TN
  • All units feature a 2BR/1BA layout
  • Three units have been recently renovated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Storage Facility Kitchen & Bath Showroom Building Supply Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with three recently renovated units and a consistent two-bedroom, one-bathroom layout.
Where is this apartment building located?
The property is located at 1137 Argus Street Milan, TN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Five‑unit apartment property in Milan, TN; All units feature a 2BR/1BA layout; Three units have been recently renovated
(731) 571-4300 Call to check price and availability
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