Property Description
This Midtown property consists of 8 one-bedroom units. Each featuring central Hvac, range, refrigerator, and in-unit washer and dryers—amenities that continue to support strong tenant demand and retention. Significant renovations have been completed throughout the property, minimizing near-term capital expenditure requirements for a new owner. The current scheduled income is $6,928 per month providing a steady revenue stream. Please do not disturb residents..Drive by only please
Features
- Heating System:
- Central
- Cooling System:
- Central
- FOUNDATION:
- Slab
- Parking Facility:
- Asphalt/blacktop
Address Map
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- INGLESIDE
- Zipcode:
- 38104
- Street:
- MONROE
- Street Number:
- 1616
- Street Suffix:
- AVE
- Floor Number:
- 0
- Longitude:
- W91° 59' 33.4''
- Latitude:
- N35° 8' 14.3''
- Directions:
- Take Madison (W) to Belvedere. Go (S) on Belvedere to Monroe. Go (W) on Monroe to 1616 Monroe
MLS Addon
- Agent ID:
- 737
- Status:
- Active
- Type:
- Apartment Building
- # of Stories:
- 2
- Multi-Family 1 Bedroom Units:
- 8
- Multi-Family 2 Bedroom Units:
- 0
- Multi-Family 3 Bedroom Units:
- 0
- Lot Size:
- 50 X 157.5
Multi-family For Sale
1616 MONROE AVE, Memphis, Tennessee 38104
0 Bedrooms
0 Bathrooms
0 Sqft
$895,000
Listing ID #10224276
Basic Details
- Property Type :
- Multi-family
- Listing Type :
- For Sale
- Listing ID :
- 10224276
- Price :
- $895,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 0 Sqft
- Year Built :
- 1960
- Lot Area :
- 0 Acre
- Status :
- Active
- Days On Market :
- 78
Contact Agent
