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Listed price in listed location currency (USD).
$380,000

650

MLS® 10218072

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes 
Days Active 78
Lot Size 0.17 Acres
Approx. Age 1956
MLS® Number 10218072

Property Address: 1515 Madison Ave, Memphis, TN, 38104-2441

Average square foot calculated using Size range provided by listing agent.

Description

Location! Location! Location! Mins from Midtown and Downtown. DON'T DISTURB TENANTS! This 5 unit complex is a great rental with gated parking. The main building includes 4 units and over the garage is another unit. The complex includes an on site laundry facility. There were updates to the complex in 2017 and 2019 which included a new roof, HVAC, and some units have updated flooring and appliances. ONLINE VIDEO AVAILABLE UPON REQUEST. Home is professionally managed! This home qualifies for FHA/VA/ and Conventional financing (you can live in one unit and rent out the others aka house hack). Rents & Leases are: Unit #1- $950 lease ends 7/31/26, Unit #2- $1, 025 lease ends 7/31/26, Unit #3- $750 lease ends 3/28/27, and Units #4 & 5 are currently vacant. No wholesalers, assignments, or creative financing.
MLS® Number10218072
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral

Extras

Rooms

Master Bedroom:0x0

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