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1616 MONROE AVE, Memphis, TN 38104

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1616 MONROE AVE,Memphis, TN 38104
$895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeffrey moore
Office: crye-leike commercial
MLS#:10224276
Source:TN_MAAR

Price summary

  • Price:$895,000

About this home

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

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Home facts

  • Year built:1960
  • Subdivision & Development:INGLESIDE
  • Listing ID #:10224276
  • Added:89 day(s) ago
  • Updated:September 16, 2026 at 05:01 AM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Pitched
  • Year built:1960
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$895,000
  • Tax amount:$12,749
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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