1775 Madison Ave, Memphis, TN 38104 For Sale

Introducing a rare opportunity to acquire a stabilized 16-unit multifamily asset strategically located on Madison Avenue in Midtown Memphis—one of the city’s most desirable and walkable neighborhoods. This well-positioned property features sixteen 1-bedroom / 1-bathroom units, offering investors an immediate income-producing asset with upside potential through renovations, rent growth, and long-term appreciation.

Just minutes from Downtown Memphis, Overton Square, and Cooper-Young, the property benefits from strong renter demand, excellent visibility, and proximity to major employment centers, universities, hospitals, and entertainment districts.

Property Highlights:

• 🏢 16 Units | All 1-Bedroom / 1-Bathroom layouts

• 📍 Prime Midtown location on bustling Madison Avenue

• 🚶 Walkable to restaurants, shops, transit, and entertainment

• 💰 Consistent occupancy with room for value-add rent growth

• 🧰 Potential for interior upgrades to further increase NOI

• 🏙️ Minutes to Downtown, medical corridors, and cultural attractions

• 🧭 Ideal for private investors or 1031 exchange buyers

This property is perfect for investors seeking a well-located multifamily asset with both stable cash flow and significant upside. With continued growth in Midtown’s rental market and limited supply of quality units, 1775 Madison Ave stands out as a prime value-add opportunity in one of Memphis’s most dynamic submarkets.