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Madison Place Apartments 1772-1776 Madison Ave

16 Unit Block of Flats £1,760,513 (£110,032/Unit) 5.42% Net Initial Yield Memphis, TN 38104

Executive Summary

Beautifully redone and maintained multi family property that sits in the heart of Midtown Memphis.

Attachments

1772 Madison Flyer

Property Facts

Price £1,760,513 Building Class C
Price Per Unit £110,032 Lot Size 0.31 AC
Sale Type Investment Building Size 13,600 SF
Net Initial Yield 5.42% Average Occupancy 100%
No. Units 16 Number of Floors 2
Property Type Residential Year Built 1930
Property Subtype Apartment Parking Ratio 0.88/1,000 SF
Apartment Style Low Rise
Price £1,760,513
Price Per Unit £110,032
Sale Type Investment
Net Initial Yield 5.42%
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.31 AC
Building Size 13,600 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1930
Parking Ratio 0.88/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Wooden Floors
  • Ice Maker
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities
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Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-7048-0-0019
  • 01-7046-0-0001
 Improvements Assessment £412,132
Land Assessment £38,622 Total Assessment £450,754

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-7048-0-0019
  • 01-7046-0-0001
Land Assessment
£38,622
Improvements Assessment
£412,132
Total Assessment
£450,754

zoning

Zoning Code CH
CH
(901) 598-7625

Contact

  • Listing ID: 28825737

  • Date on Market: 22/06/2023

  • Last Updated:

  • Address: 1772-1776 Madison Ave, Memphis, TN 38104

The Midtown Residential Property at 1772-1776 Madison Ave, Memphis, TN 38104 is currently available. Contact Crye-Leike Commercial for more information.

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1772-1776 Madison Ave, Memphis, TN for sale Building Photo- Image 1 of 14
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1772-1776 Madison Ave, Memphis, TN for sale Interior Photo- Image 13 of 14
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Madison Place Apartments | 1772-1776 Madison Ave
(901) 598-7625 x

Madison Place Apartments | 1772-1776 Madison Ave

Andy Walker

(901) 598-7625

(901) 598-7625

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