1616 Monroe Avenue

Memphis TN 38104

4000 sq. ft.

7875 sq. ft.

Multi-Family

Currently for sale - view listing

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

Features

8 bedrooms

4000 sq. ft. floor area

7875 sq. ft. lot size

Multi-Family

Property history for 1616 Monroe Avenue

2024

Sold

$720,000

20 Dec 2024 by Jeffrey Moore, of Crye-Leike Commercial

2020

Sold

$680,000

14 Jul 2020

Happy sellers in Memphis

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Local market activity for 8 bedroom multi families in Memphis

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Jeffrey Moore

at Crye-Leike Commercial

View listing

Sales:: (619) 566-0008

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