2 months on rocket

505 Tennessee St Unit 126, Memphis, TN, 38103

$312,000

Home List Price

$3,705*

Closing Credit

1 Bedroom
1 Full Bath
Townhouse

Location

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505 Tennessee St Unit 126, Memphis$312,000

Buyer Closing Credits

$3,705*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingStorage Room(s), Gated Parking, Assigned Parking
Year Built1909
HeatingCentral
CoolingCentral Air
WaterfrontWaterfront
ViewWater
MLS #10182626
StatusActive

About 505 Tennessee St Unit 126

This industrial loft is conveniently located near downtown nightlife, lots of good eats, the medical and law district for business professionals, and the river walk for our nature lovers. It's gated community offers more safety and privacy than most. It also features 2 front row parking spaces directly outside the back door. All appliances stay in unit. HOA fees apply.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1909
  • Stories: 2

Listing Office:

  • Office Name: Epique Realty

Interior Features

Interior Information:

  • Appliances: Range, Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Part Hardwood, Tile, Concrete Floor
  • Interior: All Window Treatments, Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), Elevator, 2 or More Elevators

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Covered Patio

Parking Information:

  • Parking: Storage Room(s), Gated Parking, Assigned Parking

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the intersection of Tennessee Street and W Calhoun Ave, turn right and go to the front of the Lofts at South Bluffs building. There will be an entrance with large sign and glass doors. Please enter here and ask office director for directions to unit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $312,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

505 Tennessee St Unit 126 vs Memphis

74 DAYS ON ROCKET

$312,000

+$129K More

KEY TAKEAWAY

This property is $129K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10182626

Listing Office:

  • Office Name: Epique Realty

Copyright© 2024 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: 12/18/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,625

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,002

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4323648
3
/10

  • Downtown Elementary School

  • 10 N 4th St

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-4323649
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 1.66 miles

  • Public Charter Grades PK-5

school-card-donut-4323650
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,102. The most common annual income of people living in Memphis, TN is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Tennessee St Unit 126

What is the listing price of this property?

The listing price of 505 Tennessee St Unit 126 property is $312,000.

What type of property is this?

The property 505 Tennessee St Unit 126 is a townhouse located in Memphis, Tennessee, 38103.

Is this property for sale now?

Active Listing: 505 Tennessee St Unit 126 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Tennessee St Unit 126 has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 505 Tennessee St Unit 126 is 1909.

Rocket Homes›Tennessee›Shelby County›Memphis›38103›505 Tennessee St Unit 126

This home is located at 505 Tennessee St Unit 126 in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home was built in 1909. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $312,000.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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