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$465,000

107 Madison Ave Unit 401 Memphis, TN 38103

3 beds
2 full, 1 partial
0.03 acres
Townhouse

Property details

About 107 Madison Ave Unit 401

Experience the charm of classic city living in this top-floor, 3 bed,2.5 bath walk-up on Main Street—reminiscent of iconic New York-style residences, full of character & elevated views. Situated in the vibrant heart of Downtown Memphis, this one-of-a-kind condo offers spectacular cityscape vistas through floor-to-ceiling windows & immerses you in the rich, authentic feel of a bygone era. Inside, enjoy an open-concept layout with restoration hardwood floors, exposed brick walls, high ceilings, and timeless furnishings. Two private balconies provide sweeping West & North views, including a stunning look down tree-lined Main Street—a picturesque setting that captures the spirit of downtown. Overflowing with personality, this condo offers more than just a place to live—it’s a chance to experience life in a true piece of Memphis history. Whether you’re looking for a distinctive primary residence, a stylish urban retreat, or a high-potential Airbnb investment, this is downtown lifestyle!

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.03 Acres
Year built1900
ParkingOn-Street Parking
MLS #10197718

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Range, Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Total Bedroom Count: 3
  • Parking: On-Street Parking
  • Exterior: Sidewalks
  • Architectural Style: Other (See Remarks)
  • Heating: Central
  • Cooling: Central Air
  • List Price: $465,000
  • Lot: Corner Lot
  • Directions: From Front street, turn East on Madison. Cross over the trolley line on Main street and the building is located at the corner of North Main and Madison. Southeast Corner.
  • Year Built: 1900
  • Stories: 2
  • Lot Size: 0.03 Acres
  • MLS Number: 10197718
  • Office Name: BHHS McLemore & Co., Realty

Copyright© 2025 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: 7/29/2025, 12:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

3

Downtown Elementary School

Public Magnet PK-5

0.3 mi

10 N 4th St

3

Kipp Memphis Collegiate Elementary School

Public Charter KG-4

1.6 mi

230 Henry Ave

4

Bruce Elementary School

Public District PK-5

2.0 mi

581 S Bellevue Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,580. 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.

How much money do the neighbors make?

36%
<35k
42%
35k-100k
18%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

83%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
40%
18-34 yrs old
49%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • SonicSonic
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • InfinitiInfiniti
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 107 Madison Ave Unit 401

The listing price of 107 Madison Ave Unit 401 property is $465,000.

The property 107 Madison Ave Unit 401 is a townhouse located in Memphis, Tennessee, 38103.

Active Listing: 107 Madison Ave Unit 401 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 107 Madison Ave Unit 401 are: Downtown Elementary School (GreatSchools Rating 3/10), Kipp Memphis Collegiate Elementary School (GreatSchools Rating 3/10), Bruce Elementary School (GreatSchools Rating 4/10), Memphis Grizzlies Preparatory Charter School (GreatSchools Rating 5/10), City University School Girls Preparatory (GreatSchools Rating 5/10), Humes Preparatory Academy (ASD) (GreatSchools Rating 4/10), Booker T. Washington High School (GreatSchools Rating 3/10), Memphis Academy of Science Engineering Middle/High (GreatSchools Rating 4/10), Northwest Preparatory Academy (GreatSchools Rating 1/10).

The property at 107 Madison Ave Unit 401 has 3 bedrooms and 2 full and 1 half bathrooms.

The year of construction for 107 Madison Ave Unit 401 is 1900.

This home is located at 107 Madison Ave Unit 401 in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $465,000.

In June 2025, from all listings sold in Memphis, TN there were more than 73 sold above asking price, over 219 sold below and more than 107 were sold right at the asked price. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. The median list price of listings available in June 2025 was $224,900, while the average time on the real estate market was 35 days.

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

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