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$1,050,000

493 Tennessee St Memphis, TN 38103

3 beds
3 full, 2 partial
0.09 acres
House

Property details

About 493 Tennessee St

Rare opportunity to own on the Mighty Mississippi riverfront. This home is currently set up as a duplex but with the re-opening of one door frame downstairs could easily become a single family home again. No neighbor on 1 side for additional privacy. Downstairs offers 2 bedrooms, each w/their own private bath, spacious laundry room, full kitchen, 1/2 bath, large living room w/fireplace & amazing 3 season room that is screened in w/heavy duty vinyl window & wet bar. Upstairs is the primary bedroom suite w/2 walk in closets & luxury bath. Huge renovated kitchen w/walk in pantry & large island, formal dining room & spacious living room w/balcony overlooking the river. This is a great home for entertaining or investment potential. Hard to find 3 car garage w/additional workshop area & 1/2 bath. An elevator makes maneuvering between floors a breeze. Walk to multiple restaurants & bars. Enjoy walks on the Riverwalk just outside your front door. Come check out this unique property today.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingOther, Central Air
Lot size0.09 Acres
Year built1999
ParkingDriveway/Pad,More than 3 Coverd Spaces,Storage Room(s),Garage Door Opener(s),Back-Load Garage
MLS #10196915
WaterfrontWater View
FireplaceIn Living Room
ViewWater

Virtual tour

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Appliances: Range, Oven, Double Oven, Cooktop, Gas Range, Disposal, Dishwasher, Microwave
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Interior: Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Security System, Smoke Detector(s), Elevator, Vent Hood/Exhaust Fan
  • Fireplace: In Living Room
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad,More than 3 Coverd Spaces,Storage Room(s),Garage Door Opener(s),Back-Load Garage
  • Waterfront: Water View
  • View: Water
  • Exterior: Porch, Screen Porch, Covered Patio, Balcony, Iron Fence
  • Architectural Style: Soft Contemporary
  • Heating: Central, Natural Gas
  • Cooling: Other, Central Air
  • List Price: $1,050,000
  • Annual Tax Amount: $15,145
  • Tax Year: 2024
  • Lot: Level, Views, Corner Lot, Landscaped, Fencing
  • Directions: Go west on G.E. Patterson. Take a right to go north onto Tennessee St. Home is located on the left (river facing) side.
  • Year Built: 1999
  • Stories: 2
  • Lot Size: 0.09 Acres
  • MLS Number: 10196915
  • Office Name: REMAX Experts

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: 7/31/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 01, 2016
Home Sold
$777,000
Aug 21, 2015
Home Sold
$620,000

Tax history

YearAssessmentProperty Tax
2024$248,625$15,145
2023$248,625$15,145
2022$248,625$15,322
2021$248,625$15,322
2020$188,525$13,660
2019$188,525$13,660
2018$188,525$7,748
2017$188,525$6,115

History based on county public records data.

Nearby schools

3

Downtown Elementary School

Public Magnet PK-5

1.1 mi

10 N 4th St

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

1.7 mi

90 W Olive Ave

3

A. B. Hill Elementary School

Public District PK-5

1.8 mi

345 E Olive Ave

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 $85,102. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

9%
<35k
53%
35k-100k
28%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
2%
Single, with Kids
23%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
37%
18-34 yrs old
50%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Yoga/pilatesYoga/pilates
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • InfinitiInfiniti
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Active RockActive Rock
  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 493 Tennessee St

The listing price of 493 Tennessee St property is $1,050,000.

The property 493 Tennessee St is a house located in Memphis, Tennessee, 38103.

Active Listing: 493 Tennessee St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 493 Tennessee St are: Downtown Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Grizzlies Preparatory Charter School (GreatSchools Rating 5/10), City University School Girls Preparatory (GreatSchools Rating 5/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Booker T. Washington High School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Carver College and Career Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $15,145 (source: MLS/based on county public records data).

The last sale was on November 1, 2016 for $777,000 (source: MLS/tax record).

The property at 493 Tennessee St has 3 bedrooms and 3 full and 2 half bathrooms.

The year of construction for 493 Tennessee St is 1999.

This home is located at 493 Tennessee St in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,050,000.

Memphis, TN housing market in June 2025 saw over 73 listings sold above listed price, more than 107 sold at listed price and over 219 sold below. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. 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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