1616 MONROE Ave, Memphis, TN 38104

Beds
8
Sqft
4,000

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Listed byCrye-Leike Commercial
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Overview

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

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
8
Square feet
4,000
Lot size (acres)
0.18
Year built
1960

Utilities

Heating
Central
Cooling
Central Air

Estimated monthly costs

Insurance
$376

Taxes

Tax Annual Amount
$12,749

Public schools

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Sourced from: Memphis Area Association of Realtors MLS®#: 10224276 Last checked:

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