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Listing Detail - Nashville Home and Farms

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Memphis, TN 38104 1515 MADISON AVE

1515 MADISON AVE Memphis, TN - Image 11515 MADISON AVE Memphis, TN - Image 21515 MADISON AVE Memphis, TN - Image 3
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Presented By: Crye-Leike, Inc., REALTORS
  • MLS# 10218072
  • 03/31/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 5
  • SQFT • 3,166

Home Details

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.
Presented By: Crye-Leike, Inc., REALTORS

Interior Features for 1515 MADISON AVE

Bedrooms

Beds6
Downstairs Bedrooms

Bathrooms

Total Baths5

Other Interior Features

FLOORS/CEILINGSTile

Other Rooms

Living RoomPantry
Number of Rooms11

General for 1515 MADISON AVE

Annual City Tax2681
Annual County Tax2794
Area746B
AreaCentral Gardens
CityMemphis
ClassResidential
CondoNo
CoolingCentral
CountyShelby
DOM71
DirectionsTake Exit 30 off I-65 N towards Union Ave, Follow Union Ave E, turn N onto S Cleveland St, turn E onto Madison Ave, The property will be on your R.
Full Baths5
Half Baths
HeatingCentral
Legal Subdivision NameHORN BROS
Neighborhood AssociationNone
Parcel Number017030 00004
RoofComposition Shingles
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleTraditional
TypeAttached Single Family
Year Built1956

Exterior for 1515 MADISON AVE

EXTERIOR/WINDOWSVinyl Siding
Lot4
Lot DescriptionLevel
Lot Size50 X 155
Lot Size Area0.17
Misc. ExteriorPorch, Patio
PARKING/STORAGEDriveway/Pad
Parking DisplayN
PoolNone
Water & SewerPublic Sewer, Public Water

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $425,000
MLS#10218072
List Date 03/31/2026
Property Type Single Family
Request Tour
Request Info
Visit My Website

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