BEDS6
BATHS5 full
MLS#10218072
STATUSActive
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONHORN BROTHERS
NEIGHBORHOODCentral Gardens
Property 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.
Listing Video
Property Features
Property Type: Residential - Townhouse
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.17 Acres
Roof Type: Composition Shingles
Year Built: 1956
Feature Descriptions
Bed and Bath: 1 or More BR Down
Days on Site: 4
Exterior: Porch, Patio
Exterior/ Windows: Vinyl Siding
Floors/ Ceilings: Tile
Living/ Dining Room: Pantry
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 11
Water/ Sewer: Public Sewer, Public Water
Listed By / Shown By
Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Agency Phone: (901) 871-1290
Agent Name: Tyler Tapley
Co-Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Agent Name: Monica Bynum
Agency Phone: (901) 833-5456
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 1,095.00 per month $968.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $126.88 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1515 Madison Ave | MLS# 10218072
This townhouse located at 1515 Madison Ave, Memphis, TN 38104 is currently listed for sale by Crye-Leike, Inc., REALTORS, with an asking price of $435,000. This property was built in 1956 and has 6 bedrooms and 5 full baths. Madison Ave is located in the HORN BROTHERS subdivision. Search HORN BROTHERS real estate on online.fusion2b.com today.