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

$1,168 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,168/mo

Zestimate^® history

Owner options

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$1,168/mo

Rent Zestimate^®

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$2,401/mo

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$2,401/mo

Est. payment

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What's special

Updated finishes

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.

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 & HOA

Location

Region: Milan

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $193,400
Annual tax amount: $2,722
Date on market: 4/3/2026
Total actual rent: 5000
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