1506 Monroe Ave Unit 3, Memphis, TN, 38104

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1506 Monroe Ave Unit 3, Memphis$165,000

Buyer Closing Credits

$1,959^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingParking Lot

Year Built1911

HeatingOther

CoolingOther

FireplaceOther (See Remarks)

MLS #10182308

Lot Size0.16 Acres

StatusActive

About 1506 Monroe Ave Unit 3

This is an investment opportunity in the perfect midtown location, only minutes from both Downtown and Overton Square. Can be renovated for Rental or Airbnb.

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Property Details

Property Features

Property Information:

• Architectural Style: Other (See Remarks)
• Year Built: 1911
• Stories: 1

Listing Office:

• Office Name: Braden, Braden & Braden LLC

Interior Features

Interior Information:

• Flooring Type: Other (See REMARKS)
• Fireplace: Other (See Remarks)

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Porch

Parking Information:

• Parking: Parking Lot

Lot Features

Lot Information:

• Lot: Corner Lot
• Lot Size: 0.16 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: Other

Other

Directions Information:

• Directions: exit 30 to merge onto Union Ave Continue on Union Ave to your destination Turn right onto Monroe Ave

Price Information

Listing Price Info

Price Summary:

• List Price: $165,000

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

1506 Monroe Ave Unit 3 vs Memphis

200 DAYS ON ROCKET

$165,000

-$18K Less

KEY TAKEAWAY

This property is $18K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #10182308

Listing Office:

• Office Name: Braden, Braden & Braden LLC

Copyright© 2024 Memphis Area Association of REALTORS. 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. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1506 Monroe Ave Unit 3

This home is located at 1506 Monroe Ave Unit 3 in Memphis, TN and zip code 38104 in the Midtown neighborhood. This home, which was built in 1911, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $165,000.

In November 2024 more than 45 listings in Memphis, TN were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 218 were sold below. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.