Back 2245 Monroe Avenue
Off Market

2245 Monroe Avenue

Memphis TN 38104

3
2
1412 sq. ft.
0.18 ac.
Single-Family
Last sold for $350,000
Juan TorresJuan Torres, last sold this property on 19 December 2025 after 168 days on market.

Overview

A timeless Midtown gem now offered at a new price! This unique property features a beautifully renovated main home plus a fully permitted guest house with its own entrance, perfect for generating rental income to offset your mortgage through long or short-term rentals. Walking distance to Overton Square and Overton Park in one of the city's most cherished neighborhoods, this handcrafted home truly stands apart. The fully renovated 3-bed, 2-bath main home blends classic charm with modern updates. Out back, a permitted 320 sq ft detached 1-bed, 1-bath guest house with its own kitchen offers unmatched flexibility for income, creative space, or guests. Features include new roof, updated furnace and coil, refinished hardwood floors, recessed lighting, stainless appliances, granite countertops, floating double vanity, and walk-in attic. This is more than a renovation—it's a rare Midtown gem you have to see!

Features

3 bedrooms
2 bathrooms
1412 sq. ft. floor area
0.18 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 2245 Monroe Avenue is $329k.

Median value
$329k
Estimated value range
$35k - $699.9k
Median days on market
32
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2245 Monroe Avenue

2025
Sold
$350,000
19 Dec 2025 by Juan Torres, of Fast Track Realty
2024
Sold
$230,000
20 Nov 2024 by Paige Arnold, of Crye-Leike, Inc., REALTORS
2022
Sold
Undisclosed
25 Oct 2022

Happy sellers in Memphis

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We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Memphis

In the last 12 months, 98 three-bedroom single-family properties similar to 2245 Monroe Avenue, have been sold.

This represents a 27% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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