$325,000

505 Tennessee St Unit Ph4 Memphis, TN 38103

$3,859
Closing credit¹
1 bed
1 full
0.03 acres
Townhouse

Property details

About 505 Tennessee St Unit Ph4

Beautiful "Squeaky Clean" condo opportunity on the PENTHOUSE floor at Tennessee Lofts! Exposed brick and high ceilings set this building apart from the rest...NOT your typical one-bedroom unit. A real wood burning fireplace, breakfast bar, wine fridge, Stainless kitchen appliances including fridge. Washer/Dryer also included. Enormous (14x13) closet/flex room could be a great office or even a guest bedroom. Centrally located and well maintained. Just move right in! Included is a separate storage unit down the hall and 2 parking places in the garage across the street - access from a bridge. Don't miss the Pool & Exercise facility and gathering area on the "Roof Garden" (see photos).

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Lot size0.03 Acres
Year built1909
ParkingGated Parking,Assigned Parking,On-Street Parking,Common Parking Garage
MLS #10198973
FireplaceIn Den/Great Room, Blower

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Walk-In Closet(s), 2 or More Elevators, Vent Hood/Exhaust Fan, Trash Chute, Other (See REMARKS)
  • Fireplace: In Den/Great Room, Blower
  • Total Bedroom Count: 1
  • Parking: Gated Parking,Assigned Parking,On-Street Parking,Common Parking Garage
  • Exterior: Nbrhd Recreation Facility, Historic District, On-Site Storage
  • Architectural Style: Traditional
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $325,000
  • Directions: From RIVERSIDE DRIVE and GEORGIA AVE: East on Georgia to Left (North) on TENNESSEE ST then cross G E PATTERSON at 4-way stop. THE LOFTS are there at Northwest Corner. Enter on Tennessee St. Key Boxes lined up on Gate at north end of the building.
  • Year Built: 1909
  • Stories: 1
  • Lot Size: 0.03 Acres
  • MLS Number: 10198973
  • Office Name: Crye-Leike, Inc., REALTORS

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

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505 Tennessee St Unit Ph4, Memphis, TN 38103 - view of property

$325,000

505 Tennessee St Unit Ph4

$3,859

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

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. The most common annual income of people living in Memphis, TN is between $35k-100k. 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 505 Tennessee St Unit Ph4

The listing price of 505 Tennessee St Unit Ph4 property is $325,000.

The property 505 Tennessee St Unit Ph4 is a townhouse located in Memphis, Tennessee, 38103.

Active Listing: 505 Tennessee St Unit Ph4 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 Tennessee St Unit Ph4 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), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), City University School Girls Preparatory (GreatSchools Rating 5/10), 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).

The property at 505 Tennessee St Unit Ph4 has 1 bedroom and 1 bathroom.

The year of construction for 505 Tennessee St Unit Ph4 is 1909.

This home is located at 505 Tennessee St Unit Ph4 in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $325,000.

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 number of homes for sale in Memphis, TN increased by 11.3% between April and May 2025. 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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