For Sale
Multi family home for sale at 1515 Madison Ave, Memphis, TN 38104 | MLS# 10218073 | Listing updated on 2026-07-17
Photo 1 of Multi family home for sale at 1515 Madison Ave, Memphis, TN 38104 | MLS# 10218073 | Listing updated on 2026-07-17
Photo 2 of Multi family home for sale at 1515 Madison Ave, Memphis, TN 38104 | MLS# 10218073 | Listing updated on 2026-07-17
Photo 3 of Multi family home for sale at 1515 Madison Ave, Memphis, TN 38104 | MLS# 10218073 | Listing updated on 2026-07-17
Photo 4 of Multi family home for sale at 1515 Madison Ave, Memphis, TN 38104 | MLS# 10218073 | Listing updated on 2026-07-17
5+
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$380,000

Monthly Est:$1,891

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon3,166sqft

1515 Madison Ave, Memphis, TN 38104

$1,891/moEst:

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  • Multi Family

  • Built in 1956

  • $-- HOA

  • -- sqft lot

  • $120/sq.ft

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. 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 ...

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  • Houzeo last checked: 2 minutes ago
  • Listing updated: July 17, 2026 at 7:17 pm
  • Listing Provided by: Tyler Tapley (901) 871-1290 | Crye-Leike, Inc., REALTORS (901) 756-8900
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10218073 Memphis MLS (MAARMLS)-TN

Part of

Building
1515 Madison Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    --

  • Year Built

    1956

  • HOA Fees

    -

  • Finished Area

    3,166 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10218073

  • MLS Status

    Active

  • Days on Market

    169

  • Cumulative Days on Market

    108

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Heating

    Central

  • Cooling

    Central

  • Flooring

    Tile

Construction

  • Year Built

    Year Built: 1956

  • Home type

    Multi Family

  • Construction Materials

    Vinyl Siding

  • Roof

    Shingle/shake

  • Foundation Details

    Other (see Remarks)

Utilities & Energy

  • Parking Features

    Concrete, Enclosed

  • Laundry Features

    Common Laundry

Other Features

  • Subdivision Name

    Horn Brothers

  • Tenant Pays

    Other (call La)

Price History

DateEventPrice

06/12/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10218073

Price Decreased

$380,000 -10.59%

$120/sqft

06/09/2026

Source: #10218072

Listed for Sale

$425,000

$134/sqft

01/12/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10206374

Off Market

$425,000 -10.53%

$134/sqft

11/10/2023

Source: mls_logoMemphis MLS (MAARMLS)-TN #10146305

Price Increased

$475,000 +227.59%

$150/sqft

03/26/2016

Source: mls_logoMemphis MLS (MAARMLS)-TN #9968720

Sold

$145,000

$46/sqft

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Sep 16, 2026, 08:15PM. The information provided is for the consumer's personal, noncommercial 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 website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620
Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

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