Live-Work Property with Office
For Sale
$399,000
2151 Monroe Ave, Memphis, TN 38104
RU-1 zoning includes a BOA variance permitting light office use.
Property SizeContact for details
Days on Market38
Property Features for 2151 Monroe Ave
General Information
Standard status
Active
Building Details
Year Built
1905
Buildings
1
Listing Agency:
Crye-Leike, Inc., REALTORS
Listed By:
Chris Garland · License #232993
(901) 338-3226
Source:
Bryanrealty
Added: Aug 3
Changed: Sep 8
Last Checked: Sep 7 at 12:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
This 2,400-square-foot property, built in 1905, combines a duplex-style residential layout with an approved office-use component. The lower level is configured for light office use, while the upper apartment includes a kitchen and full bathroom. The arrangement supports a live-work format, with the upper residence also identified as an option for extending the office use.
The property is positioned across from Overton Square in Memphis. A rear parking lot is secured by an electric gate, with vehicle access from the alley. Zoning is RU-1, with a BOA variance for office use, providing the governing framework for the current light-office configuration.
The property is positioned across from Overton Square in Memphis. A rear parking lot is secured by an electric gate, with vehicle access from the alley. Zoning is RU-1, with a BOA variance for office use, providing the governing framework for the current light-office configuration.
Key Highlights
- 2,400 SF property built in 1905
- RU‑1 zoning with BOA variance for office use
- Lower level configured for light office use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Explore this area
Business Placement
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - RU-1 zoning includes a BOA variance permitting light office use.
Where is this live-work space located?
The property is located at 2151 Monroe Ave Memphis, TN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,400 SF property built in 1905; RU‑1 zoning with BOA variance for office use; Lower level configured for light office use
