2 months on rocket

505 Tennessee St Unit 202, Memphis, TN, 38103

$399,900

Home List Price

$4,749*

Closing Credit

2 Bedrooms
2 Full Baths
Townhouse

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

505 Tennessee St Unit 202, Memphis$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingUnassigned Parking, On-Street Parking, Common Parking Garage, Garage
Year Built1909
HeatingCentral
CoolingCentral Air
BasementYes
WaterfrontWaterfront
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: Waterfront
  • 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
3D Tour

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
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

505 Tennessee St Unit 202 vs Memphis

79 DAYS ON ROCKET

$399,900

+$209.4K More

KEY TAKEAWAY

This property is $209.4K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 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: 11/15/2024, 7:20:48 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

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

Powered By

Rocket Mortgage

Advertisement

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-353311
3
/10

  • Downtown Elementary School

  • 10 N 4th St

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-353312
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 1.66 miles

  • Public Charter Grades PK-5

school-card-donut-353313
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. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

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

More Resources