505 Tennessee St Unit 202, Memphis, TN, 38103

Location

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505 Tennessee St Unit 202, Memphis$399,900

Buyer Closing Credits

$4,749^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeTownhouse

ParkingUnassigned Parking, On-Street Parking, Common Parking Garage, Garage

Year Built1909

HeatingCentral

CoolingCentral Air

BasementYes

WaterfrontWater View

ViewWater

MLS #10180009

StatusActive

About 505 Tennessee St Unit 202

Experience luxury loft living in this 2BD/2BA (+ office) condo at the Lofts at South Bluffs! With 12' ceilings & exposed brick/beams, this unit perfectly blends historic charm w/modern amenities. The open kitchen includes SS appliances, wine fridge & breakfast bar. The primary suite offers a custom walk-in closet & private bath. Storage room is located on the same floor. Enjoy river views from the rooftop deck w/lap pool, grills & seating. Amenities include a lounge, gym, sauna & 2 secure connected parking spaces. Loft living at its finest!

Property Details

Property Features

Property Information:

Architectural Style: Other (See Remarks)
Year Built: 1909
Stories: 1

Listing Office:

Office Name: Bryan Realty Group

Interior Features

Interior Information:

Appliances: Range, Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave
Basement: Yes
Flooring Type: Wood Laminate Floors, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
Interior: Walk-In Closet(s), Fire Sprinklers, Smoke Detector(s), 2 or More Elevators

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 2

Exterior Features

Exterior Information:

Waterfront: Water View
View: Water
Exterior: Gas Grill, Patio, Covered Patio, Historic District, On-Site Storage, Storage, Sidewalks

Parking Information:

Parking: Unassigned Parking, On-Street Parking, Common Parking Garage, Garage

Virtual/3D Tour

3D Tour: 505 Tennessee St Unit 202

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Lot Features

Lot Information:

Lot: Views, Corner Lot

Utilities

Utilities Information:

Heating: Central
Cooling: Central Air

Other

Directions Information:

Directions: Headed west on Union Ave, turn left on S Front St. Make a right on GE Patterson Ave, and then turn right on Tennessee St. Street parking available on Tennessee St, or there's a paid parking garage at next right on Mina Ave.

Price Information

Listing Price Info

Price Summary:

List Price: $399,900

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Housing Market Comparison

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

Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

505 Tennessee St Unit 202 vs Memphis

113 DAYS ON ROCKET

$399,900

+$216.9K More

KEY TAKEAWAY

This property is $216.9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

MLS Number: #10180009

Listing Office:

Office Name: Bryan Realty Group

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, 11:55:54 PM 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.

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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

/10

Downtown Elementary School
10 N 4th St
Distance between this listing and this school1.14 miles
Public Magnet Grades PK-5

/10

Memphis Scholars Florida-Kansas (ASD)
90 W Olive Ave
Distance between this listing and this school1.66 miles
Public Charter Grades PK-5

/10

A. B. Hill Elementary School
345 E Olive Ave
Distance between this listing and this school1.76 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

<35k

53%

35k-100k

28%

100k-200k

10%

200k+

What level of education do the neighbors have?

Post Secondary: 75%
Masters: 17%
Doctorate: 6%
High School: 2%

What types of families live nearby?

71%

Single, No Kids

Single, with Kids

23%

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 52%
Renters: 48%

How old are people in this area?

<11 yrs old

12-17 yrs old

37%

18-34 yrs old

50%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

NBA/WNBA
Yoga/pilates
Major League Soccer (MLS)

Where do the neighbors shop?

New York & Company
H&M
Banana Republic

Where do the neighbors go to eat?

Qdoba
Dominos Pizza
Sonic

What do the neighbors drive?

Infiniti
Audi
BMW

What do the neighbors listen to?

Active Rock
Alternative
Urban Contemporary

The neighbors living near this home have an average income of $85,102. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type 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 202

What is the listing price of this property?

The listing price of 505 Tennessee St Unit 202 property is $399,900.

What type of property is this?

The property 505 Tennessee St Unit 202 is a townhouse located in Memphis, Tennessee, 38103.

Is this property for sale now?

Active Listing: 505 Tennessee St Unit 202 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 202 has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 505 Tennessee St Unit 202 is 1909.

Rocket Homes›Tennessee›Shelby County›Memphis›38103›505 Tennessee St Unit 202

This home is located at 505 Tennessee St Unit 202 in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home was built in 1909. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $399,900.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 505 Tennessee St Unit 202

More Resources

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