$295,000

127 Madison Ave Unit 701 Memphis, TN 38103

$3,503
Closing credit¹
2 beds
2 full
Townhouse

Property details

About 127 Madison Ave Unit 701

Come see this alluring 2BR/2BA Goodwyn condo, with a large balcony with views of the common area courtyard & the cityscape Downtown. Gas cooking, granite counters and stainless steel appliances, & refrigerator stays. Walking distance to restaurants and bars downtown, & the Orpheum & FedEx Forum. Plunge pool on rooftop deck with outdoor kitchen, all with 360 degree views of downtown, the deSoto Bridge and the Mississippi River. The Goodwyn also has a gorgeous lobby with a gas fireplace for entertaining, beautiful courtyard with fountain, a catering kitchen and wet bar with wine lockers.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
BasementYes
Year built1908
ParkingRent Parking Space,Common Parking Garage
MLS #10189784
WaterfrontWater View
ViewWater

Summary

  • Full Bathrooms: 2
  • Appliances: Range, Oven, Self Cleaning Oven, Gas Range, Disposal, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), Fire Sprinklers, Cat/Dog Free House, Smoke Detector(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute
  • Total Bedroom Count: 2
  • Parking: Rent Parking Space,Common Parking Garage
  • Waterfront: Water View
  • View: Water
  • Exterior: Auto Lawn Sprinkler, Pool Heater, Gas Grill, Patio, On-Site Storage, Balcony, Well Landscaped Grounds, Sidewalks, Fire Escape, Brick/Ironed Fence
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $295,000
  • Lot: Few Trees, Level, Views, Corner Lot, Landscaped, Fencing
  • Directions: West on Union Ave.,left on BB King, left on Madison Park on Madison or take a left and park on Second in a street space or in the parking garage next the condo building. Keybox is located at Second & Madison on the stair railing. Entrance on Madison.
  • Year Built: 1908
  • Stories: 1
  • MLS Number: 10189784
  • Office Name: The Firm

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: 6/7/2025, 2:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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127 Madison Ave Unit 701, Memphis, TN 38103 - view of building exterior

$295,000

127 Madison Ave Unit 701

$3,503

closing credit¹

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Price information

Property sales

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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.

All data from GreatSchools

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. Most families are single, no kids. Residents of this area typically 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 127 Madison Ave Unit 701

The listing price of 127 Madison Ave Unit 701 property is $295,000.

The property 127 Madison Ave Unit 701 is a townhouse located in Memphis, Tennessee, 38103.

Active Listing: 127 Madison Ave Unit 701 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 127 Madison Ave Unit 701 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 701 has 2 bedrooms and 2 bathrooms.

The year of construction for 127 Madison Ave Unit 701 is 1908.

This home is located at 127 Madison Ave Unit 701 in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $295,000.

While more than 70 listings in Memphis, TN in May 2025 were sold above asking price, there were more than 110 listings sold at asking price, and more than 263 were sold below. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. The median list price of listings available in May 2025 was $220,000, while the average time on the real estate market was 10 days.

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

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