# 1616 MONROE Ave, Memphis, TN 38104

> **TL;DR:** multi-family, $775,000 ($194/sqft), built 1960, 4,000 sqft. Est. $3,358/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $775,000 |
| Price/sqft | $194 |
| Square Feet | 4,000 |
| Year Built | 1960 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,358 |
| **Total** | **$3,358** |

## Property Highlights

- Built in 1960

## Description

### Agent 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

## Location

- **Address:** 1616 MONROE Ave, Memphis, TN 38104
- **County:** Shelby
- **Neighborhood:** INGLESIDE
- **Coordinates:** 35.137309, -90.007391
- **Google Maps:** https://www.google.com/maps?q=35.137309,-90.007391

## Listing Agent

- **Name:** Jeffrey Moore
- **Brokerage:** Crye-Leike Commercial
- **Phone:** 9012770477
- **Email:** jeff.moore@crye-leike.com

## Primary Photo

![1616 MONROE Ave - Primary Photo](http://lh.rdcpix.com/348320c809227d4a2813141db498fa2dl-f2413449583r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/1616-monroe-ave-memphis-tn-38104-10224276)*

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**MLS#:** 10224276 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1616-monroe-ave-memphis-tn-38104-10224276)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "1616 MONROE Ave, Memphis, TN 38104",
  "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",
  "url": "https://www.propertysimple.com/listing/1616-monroe-ave-memphis-tn-38104-10224276",
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  "datePosted": "2026-06-24",
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```