1506 Monroe Ave - 1506 Monroe Triplex
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1506 Monroe Ave - 1506 Monroe Triplex
3 Unit Apartment Building Offered at $250,000 in Memphis, TN 38104
Investment Highlights
- Perfect opportunity for short-term rentals.
- This property is in the downtown-midtown area less than 5 minutes from Beale Street and Overton Square
- Entertainment Area close to bars, restaurants, and entertainment venues.
- In the Midtown Medical District can easily rent to medical professionals and medical students.
Executive Summary
Call for Offers
This is an investment opportunity in the perfect midtown location, only minutes from both Downtown and Overton Square. Can be renovated for a Rental or Airbnb. This is a must see property to start or grow your investment portfolio. Triplex - all units are 1 bed 1 bath. Pictures of the inside of the units can be provided upon request. To be sold AS-IS, buyers/buyer agents must contact the listing agent to first walk the property before an offer is entertained.
This is an investment opportunity in the perfect midtown location, only minutes from both Downtown and Overton Square. Can be renovated for a Rental or Airbnb. This is a must see property to start or grow your investment portfolio. Triplex - all units are 1 bed 1 bath. Pictures of the inside of the units can be provided upon request. To be sold AS-IS, buyers/buyer agents must contact the listing agent to first walk the property before an offer is entertained.
Property Facts
| Price | $250,000 | Property Type | Multifamily |
| Price Per Unit | $83,333 | Building Size | 1,986 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 3 | Year Built | 1911 |
| Price | $250,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 1,986 SF |
| No. Stories | 1 |
| Year Built | 1911 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 700 |
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Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (74)
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Traci Braden -
Curtis Braden -
Braden Braden & Braden LLC
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1506 Monroe Ave - 1506 Monroe Triplex
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