$254,900

1635 Monroe Ave Memphis, TN 38104

$3,027
Closing credit¹
Multi-Family

Property details

About 1635 Monroe Ave

Perfect turnkey investment in the sweet spot of Midtown walk everywhere! Duplex rarely goes vacant and fully leased with a total monthly income of $1925.00 Don't let this classic updated property with all appliances and central air pass. No showings without an accepted offer with inspection contingency.

Highlights

Home typeDuplex
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Year built1922
ParkingDriveway/Pad,Street Parking Only
MLS #10188924

Summary

  • MLS Number: 10188924
  • Office Name: BHHS Taliesyn Realty

Copyright© 2025 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: 3/6/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house with a front yard and covered porch

$254,900

1635 Monroe Ave

$3,027

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 18, 2022
Home Sold
$235,000
Apr 12, 2019
Home Sold
$105,000
Apr 02, 2002
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2024$44,120$2,687
2023$44,120$2,687
2022$44,120$2,963
2021$53,120$2,963
2020$26,000$1,883
2019$26,000$1,883
2018$26,000$1,170
2017$28,480$1,136

History based on county public records data.

Nearby schools

8

Idlewild Elementary School

Public Magnet PK-5

0.6 mi

1950 Linden Ave

4

Bruce Elementary School

Public District PK-5

0.9 mi

581 S Bellevue Blvd

4

Rozelle Elementary School

Public Magnet PK-5

1.2 mi

993 Roland St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,250. The most common annual income of people living in Memphis, TN is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

38%
<35k
36%
35k-100k
12%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
6%
Single, with Kids
18%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
51%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Yoga/pilatesYoga/pilates
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Chico'sChico's
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • VolvoVolvo
  • AudiAudi
  • InfinitiInfiniti

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1635 Monroe Ave in Memphis, TN and zip code 38104 in the Midtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $254,900.

While more than 57 listings in Memphis, TN in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 205 were sold below. Between January and February 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.5%. While the average time on the market in February 2025 was 67 days, the median list price was $185,000.

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

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