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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:
73
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

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  • 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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