1616 MONROE AVE Memphis, TN ^$ 825,000

1616 MONROE AVE

^$ 825,000

Back to search

1616 MONROE AVE

Memphis, TN, 38104

^$ 825,000

Bedrooms8 Baths8.0

Monthly Estimate*

^$ 5,483

1616 MONROE AVE, Memphis, TN 38104 - Image 1

1616 MONROE AVE, Memphis, TN 38104 - Image 2

1616 MONROE AVE, Memphis, TN 38104 - Image 3

1616 MONROE AVE, Memphis, TN 38104 - Image 4

1616 MONROE AVE, Memphis, TN 38104 - Image 5

1616 MONROE AVE, Memphis, TN 38104 - Image 6

1616 MONROE AVE, Memphis, TN 38104 - Image 7

1616 MONROE AVE, Memphis, TN 38104 - Image 8

1616 MONROE AVE, Memphis, TN 38104 - Image 9

1616 MONROE AVE, Memphis, TN 38104 - Image 10

1616 MONROE AVE, Memphis, TN 38104 - Image 11

1616 MONROE AVE, Memphis, TN 38104 - Image 12

1616 MONROE AVE, Memphis, TN 38104 - Image 13

1616 MONROE AVE, Memphis, TN 38104 - Image 14

1616 MONROE AVE, Memphis, TN 38104 - Image 15

1616 MONROE AVE, Memphis, TN 38104 - Image 16

1616 MONROE AVE, Memphis, TN 38104 - Image 17

1616 MONROE AVE, Memphis, TN 38104 - Image 18

1616 MONROE AVE, Memphis, TN 38104 - Image 19

1616 MONROE AVE, Memphis, TN 38104 - Image 20

1616 MONROE AVE, Memphis, TN 38104 - Image 21

1616 MONROE AVE, Memphis, TN 38104 - Image 22

1616 MONROE AVE, Memphis, TN 38104 - Image 23

1616 MONROE AVE, Memphis, TN 38104 - Image 24

Multi-Family Home for sale in Memphis, TN

for $825,000 with 8 bedrooms and 8 full baths. This home was built in 1960.

This 8 unit building is located in Booming Mid Town Memphis. The property has been totally rehabbed. The units are all 1 bedroom. The scheduled monthly rents are 6925 per month. Drive by only. Please do not disturb residents.

Multi-Family Active

Price

^$ 825,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 12,749

Style

Apartment Building

Year Built

1960

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10171027

Features

General

Roof Pitched

Construction Brick/Veneer

Status Active Active

Legal Subdivision Name INGLESIDE

Stories 2

Class Multi-Family

Laundry Y/N Dryer in Unit Washer in Unit

Type Apartment Building

Area 746B Central Gardens

Year Built 1960

City Memphis

Exterior

Foundation Slab

Number of Buildings 1

Lot Size 50 X 157.5

Parking Facility Asphalt/Blacktop

Interior

Hot Water Electrical

* Excluded Features

List By

Crye-Leike Commercial

Broker

Affordability Calculator

$6,546

Per Month

Monthly Principal & Interest: $5,483
Monthly Property Taxes: $1,062
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$390,209

Percent of Sale Price 53%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$825,000	-3.96%	Price Down
4/26/2024	$859,000		Listed Price

Map

More homes like this one

homes for you

See all

1616 MONROE AVE, Memphis, TN, 38104 is a Multi-Family Home for sale at $825,000. 1616 MONROE AVE has 8 bedrooms, 8.0 baths, and was built in 1960. The property's zip code is 38104 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The 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 that the consumer may be interested in purchasing.

Data is updated as of 5/27/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1616 MONROE AVE

Multi-Family Home for sale in Memphis, TN

Affordability Calculator

Map

More homes like this one

Get more info about this home