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. 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). There were updates to the complex in 2017 and 2019 which included a new roof, HVAC, and some units have updated flooring and appliances. 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.
Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Shown By
Agency Title: CRYE-LEIKE Executive Realty
Agency Phone: (866) 301-3377
Estimated Payment
$ 2,589.26 per month $2,462.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $126.88 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
1515 Madison Ave | MLS# 10218073
This multi-family property located at 1515 Madison Ave, Memphis, TN 38104 is currently listed for sale with an asking price of $435,000. Search Memphis real estate on www.realestateinbowlinggreen.com today.