4 days on Rocket
$1,520 Closing Credit¹
#10196042, Listing Office: KAIZEN Realty, LLC
$125,000 List price
245 Madison Ave Unit 402 Memphis, TN 38103
$1,484
Closing credit¹
1 bed
1 full
0.02 acres
Townhouse
Property details
About 245 Madison Ave Unit 402
Come see this beautiful, move in ready loft. Freshly painted within the last year. All appliances stay. This building over-looks the Redbird stadium, and minutes from Beale Street. The architecture of the building is amazing. The apartment boasts brick walls and separate living space.
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.02 Acres
Year built1909
ParkingUnassigned Parking
MLS #10179644
Summary
- Full Bathrooms: 1
- Appliances: Range, Oven, Refrigerator
- Flooring Type: Part Hardwood
- Total Bedroom Count: 1
- Parking: Unassigned Parking
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $125,000
- Directions: From Danny Thomas go west on Madison. Building on your left.
- Year Built: 1909
- Stories: 1
- Lot Size: 0.02 Acres
- MLS Number: 10179644
- Office Name: TRG Real Estate Services, LLC
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: 5/11/2025, 11:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$125,000
245 Madison Ave Unit 402
$1,484
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
0.1 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
1.7 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 $66,121. Residents of Memphis, TN typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
13%
<35k
61%
35k-100k
23%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
86%
Single, No Kids
2%
Single, with Kids
11%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
0%
<11 yrs old
1%
12-17 yrs old
65%
18-34 yrs old
33%
35-64 yrs old
1%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Soccer
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 245 Madison Ave Unit 402
The listing price of 245 Madison Ave Unit 402 property is $125,000.
The property 245 Madison Ave Unit 402 is a townhouse located in Memphis, Tennessee, 38103.
Active Listing: 245 Madison Ave Unit 402 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 245 Madison Ave Unit 402 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 245 Madison Ave Unit 402 has 1 bedroom and 1 bathroom.
The year of construction for 245 Madison Ave Unit 402 is 1909.
This home is located at 245 Madison Ave Unit 402 in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $125,000.
While more than 51 listings in Memphis, TN in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 223 were sold below. The inventory of homes for sale in Memphis, TN between March and April 2025 increased by 13.8%.
From Rocket Homes Real Estate and based on county public records data.