1542 Monroe Ave, Memphis, TN 38104

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List Price
$179,000
MLS#
10231664
Property Type
Land
Lot Size
50X150
Status
ACTIVE

Property Description

Development opportunity at 1542 Monroe Avenue! This vacant lot measures approximately 50 feet wide by 150 feet deep, offering 7,500 square feet in an established neighborhood. Approved for four residential units, with an architectural site plan and survey available for review. The proposed layout includes four units with shared driveway access from Monroe Avenue. A great opportunity for builders and investors looking to develop a small residential project. Buyer to verify zoning, utilities, and all development requirements. RU-4

Additional Information

Acres
0.17
Annual City Tax
279
Annual County Tax
291
Improvements
Fenced, Graded, Sidewalk
Legal Subdivision
Horn Bros
Location
City
Lot
17
Lots Available
1 Only
Lot Size
50X150
Present Usage
None/Vacant
Shape
Regular
Subdivision
HORN BROTHERS
Subtype
Land
Utilities
Electricity, Public Sewer, Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS.

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Copyright© 2026 Memphis Area Association of REALTORS®. 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 web site is being visited.