Turnkey 5-unit multifamily investment opportunity at 1137 Argus St in Milan, TN. All units are 2BR/1BA with a proven, tenant-friendly layout. Three units have been recently renovated, offering updated finishes and strong rental appeal. This income-producing property delivers consistent cash flow and low-maintenance operations. Conveniently located near schools, shopping, and major routes in a growing West TN market. Ideal addition to any rental portfolio.
Sold for $400,000
$400,000
1137 Argus St, Milan, TN 38358
--beds
0baths
4,176sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$96/sqft
$1,452 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,452/mo
Zestimate® history
Owner options
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$1,452/mo
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$2,354/mo
Est. payment
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$2,354/mo
Est. payment
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Updated finishes
Zillow last checked:
Listing updated:
Listed by:
Scott Beasley,
Hickman Realty Group, Inc.-Mil
Bought with:
Scott Beasley, 343923
Hickman Realty Group, Inc.-Mil
Source: CWTAR,MLS#: 2601451
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Luxury Vinyl
Interior area
- Total interior livable area: 4,176 sqft
Property
Parking
- Total spaces: 8
- Parking features: Asphalt
Features
- Levels: One
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 130
Details
- Parcel number: 140E B 007.01
- Zoning description: B-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Milan
HOA & financial
Other financial information
- Total actual rent: 5000
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $400,000-15.8%$96/sqft |
Source:  CWTAR #2601451 Report a problem | ||
| 4/24/2026 | Pending sale | $475,000$114/sqft |
Source: CWTAR #2601451 Report a problem | ||
| 4/3/2026 | Listed for sale | $475,000$114/sqft |
Source: CWTAR #2601451 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,723 | $77,360 |
| 2024 | $2,723 -17.5% | $77,360 +14% |
| 2023 | $3,302 +1.5% | $67,880 |
| 2022 | $3,254 -1.4% | $67,880 |
| 2021 | $3,302 | $67,880 |
| 2020 | $3,302 | $67,880 |
| 2019 | $3,302 +18.2% | $67,880 +9.3% |
| 2018 | $2,794 +0% | $62,120 |
| 2017 | $2,794 +58% | $62,120 |
| 2016 | $1,768 -33.2% | $62,120 |
| 2015 | $2,648 | $62,120 |
| 2014 | $2,648 -0.7% | $62,120 -4.2% |
| 2011 | $2,668 | $64,870 |
| 2010 | $2,668 +5.7% | $64,870 |
| 2009 | $2,525 | $64,870 |
| 2008 | -- | $64,870 +5.5% |
| 2007 | $2,460 +1.3% | $61,500 |
| 2006 | $2,429 -0.8% | $61,500 |
| 2005 | $2,448 -3.2% | $61,500 |
| 2004 | $2,528 +10.7% | $61,500 +10.7% |
| 2002 | $2,284 | $55,569 |
| 2001 | -- | $55,569 -60% |
| 2000 | -- | $138,923 |
Find assessor info on the county website
Neighborhood: 38358
Nearby schools
GreatSchools rating
- 6/10Milan Middle SchoolGrades: 5-8Distance: 2 mi
- 7/10Milan High SchoolGrades: 9-12Distance: 1.2 mi
- 8/10Milan Elementary SchoolGrades: PK-4Distance: 2.1 mi
Schools provided by the listing agent
- District: Milan School District
Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Gibson County
- Milan
- 38358
- 1137 Argus St
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