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    4537 Mill Stream Drive Memphis, TN 38116

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    Two properties near each other with value-add and tax abatement.

    Added:
    Jan 27, 2026
    Days on Market:
    91
    Last Refresh:
    Feb 16 at 9:20 pm

    Property Features for 4537 Mill Stream Drive

    General Information

    Standard status
    Active

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    Listing Contact
    Gray Fiser
    Gray Fiser

    Listing agent Gray Fiser

    Listing office Newmark | Memphis

    Listing date Jan 27, 2026

    Source Nmrk

    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 Newmark | Memphis


    Overview

    Memphis Multifamily Portfolio Opportunity

    The Memphis 827 Portfolio presents an opportunity to acquire two properties situated approximately two miles apart. This proximity allows for potential economies of scale in staffing and expenses, as well as the possibility of cross-promoting leasing traffic. New ownership may benefit from both a value-add opportunity and a tax abatement program, potentially generating additional revenue. The properties are located at 4537 Mill Stream Drive, Memphis, TN 38116-5130.
    Location Intelligence

    Current Use by Public Records

    Mill Creek Apartments Apartment Building llc Warehouse & Storage

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0098
    Latitude
    35.025

    FAQs

    What type of property is this?
    Apartment building - Two properties near each other with value-add and tax abatement.
    Where is this apartment building located?
    The property is located at 4537 Mill Stream Drive Memphis, TN.
    What are key features of this property?
    This property features: Opportunity to acquire two properties in a single portfolio.; Properties are located close to each other, allowing for economies of scale.; Value‑add opportunity for new ownership.
    More about this property
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