1616 Monroe Ave | Memphis, TN 38104
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- LoopNet Team
1616 Monroe Ave
Memphis, TN 38104
Multifamily Property For Sale · 8 Units
Investment Highlights
- 8 Units Fully Renovated Available - Midtown
- All 1 Bedroom Unit
- Washers and Dryers
- Booming Midtown Memphis
- Fully Occupied
- New Roof
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,740 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1960/2024 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| Lot Size | 0.18 AC |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,740 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2024 |
| Parking Ratio | 1.74/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $870.00 | 745 - 995 |
PROPERTY TAXES
| Parcel Number | 01-7039-0-0027 | Improvements Assessment | $197,160 |
| Land Assessment | $12,120 | Total Assessment | $209,280 |
PROPERTY TAXES
Parcel Number
01-7039-0-0027
Land Assessment
$12,120
Improvements Assessment
$197,160
Total Assessment
$209,280
zoning
| Zoning Code | RMH |
| RMH |
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