Woodyard Realty is pleased to present 1500 Madison Avenue, a 12-unit multifamily investment opportunity located in the heart of Midtown Memphis. Built in 1920, this three-story brick apartment building offers distinctive architectural character, established multifamily use, and significant value-add potential in one of Memphis' most desirable rental markets. The property presents an opportunity for an investor to reposition a well-located Midtown asset through renovation and stabilization. Nine of the twelve units require substantial renovation, along with additional capital improvements to the property. With projected market rents of approximately $1,350 per unit following renovation, 1500 Madison offers investors the potential to increase occupancy, improve operations, and create long-term value through a comprehensive renovation program. The property's central Midtown location provides convenient access to the Memphis Medical District, Downtown, Overton Square, Cooper-Young, and major employment and entertainment destinations throughout the urban core.