$3,384 Closing Credit¹
#10192038, Listing office: Crye-Leike, Inc., REALTORS
$285,000 List price
127 Madison Ave Unit 602 Memphis, TN 38103
$3,384
Closing credit¹
2 beds
2 full
Townhouse
Property details
About 127 Madison Ave Unit 602
This beautifully maintained 2-bedroom, 2-bath condo offers the perfect blend of classic charm and modern elegance. Located in the heart of downtown Memphis, this unit features high ceilings, hardwood floors, and large windows that fill the space with natural light. The open-concept layout is perfect for entertaining, and the kitchen is equipped with stainless steel appliances, granite countertops, and a breakfast bar. Enjoy breathtaking views from the building’s rooftop terrace — overlooking the Mississippi River, the historic Peabody Hotel, and even a glimpse of AutoZone Park. Whether you're sipping morning coffee or watching the sunset, the views are unbeatable.
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Year built1908
ParkingRent Parking Space
MLS #10199280
ViewOther
Summary
- Full Bathrooms: 2
- Flooring Type: Smooth Ceiling
- Total Bedroom Count: 2
- Parking: Rent Parking Space
- View: Other
- Exterior: Courtyard
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $285,000
- Directions: Take exit 31 toward Little Rock onto I-40 W. Take exit 1A toward Second St/Third St/Memphis Convention Center onto TN-3 S/TN-14 S (N 2nd St). Go for 0.8 mi.Turn right onto Madison Ave.Go for 121 ft.
- Year Built: 1908
- Stories: 1
- MLS Number: 10199280
- Office Name: Keller Williams
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: 6/21/2025, 4:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
127 Madison Ave Unit 602
$3,384
closing credit¹
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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
1.9 mi
•581 S Bellevue Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,580. The majority of Memphis, TN residents have income between $35k-100k annually. Typical family type is single, no kids. Most 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 Courses
Major League Soccer (MLS)
NBA/WNBA
Where do the neighbors shop?
Express/Express For Men
Banana Republic
H&M
Where do the neighbors go to eat?
Qdoba
Sonic
Starbucks
What do the neighbors drive?
Volkswagen
Infiniti
Pontiac
What do the neighbors listen to?
Urban Contemporary
Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 127 Madison Ave Unit 602
The listing price of 127 Madison Ave Unit 602 property is $285,000.
The property 127 Madison Ave Unit 602 is a townhouse located in Memphis, Tennessee, 38103.
Active Listing: 127 Madison Ave Unit 602 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 127 Madison Ave Unit 602 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 127 Madison Ave Unit 602 has 2 bedrooms and 2 bathrooms.
The year of construction for 127 Madison Ave Unit 602 is 1908.
This home is located at 127 Madison Ave Unit 602 in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $285,000.
In May 2025 more than 70 listings in Memphis, TN were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 263 were sold below. The number of homes for sale in Memphis, TN increased by 11.3% between April and May 2025. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.