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About This Home
This 0-bedroom, 0-bathroom multi-family at 1616 MONROE Ave in Memphis, TN is listed for $775,000 ($194 per sqft). Built in 1960, the home offers 4,000 sqft of living space on a N/A lot.
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
Key Features
- Built in 1960
Property Details
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1616 MONROE Ave
Memphis, TN 38104
INGLESIDE
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1616 MONROE Ave is listed at $775,000 ($194/sqft). The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.
Key features include: Built in 1960.
This property is listed by Jeffrey Moore and can be reached at 9012770477 or jeff.moore@crye-leike.com.
