245 MADISON AVE Memphis, TN ^$ 149,000

245 MADISON AVE

^$ 149,000

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245 MADISON AVE

Memphis, TN, 38103

^$ 149,000

Bedrooms1 Baths1.0 Sq 848

Monthly Estimate*

^$ 917

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Condo for sale in Memphis, TN

for $149,000 with 1 bedroom and 1 full bath. This 848 square foot condo was built in 1909 on a lot size of 0.01.

Top floor unit in a great downtown location. Walk to restaurants and local attractions. Bare concrete floors, exposed brick walls, high ceilings, and lots of light from large East facing windows. Laundry in unit, large walk in closet, and open floorplan. Does not qualify for FHA financing, investors welcome.

Condo Active

Price

^$ 149,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 2,102

Style

Contemporary

Lot Size

0.01

Year Built

1909

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10216667

Features

General

Heating Central

Cooling Central

Fireplaces 0

Status Active Active

Full Baths 1

Half Baths 0

Other Rooms Laundry Room

Legal Subdivision Name DOWNTOWN YMCA LOFTS THE

Style Contemporary

Stories Count 1

County Shelby

Class Residential

Type Attached Single Family

Area 745B South Bluffs/Downtown

Unit Number 705

Parcel Number 002061 00050

Sale/Rent For Sale

Status Detail 0

Year Built 1909

Directions From Union Ave. turn north onto S. BB King Blvd. then turn east on to Madison Ave. Property is on the right. Street parking only.

City Memphis

DOM 0

Interior

Dining Room NA

Living Room Great Room Washer/Dryer Connections

Kitchen Dimensions 11x12

Beds 1

Total Baths 1

Number of Rooms 3

Downstairs Bedrooms 1

Condo Amenities Other (See REMARKS)

Exterior

Pool None

Lot UNIT 705

Lot Size Area 0.01

Water & Sewer Electric Water Heater Public Sewer Public Water

Lot Size .01

Lot Description Corner

Misc. Exterior Sidewalks Fire Escape

* Excluded Features

List By

Sowell, Realtors

Broker

Affordability Calculator

$1,093

Per Month

Monthly Principal & Interest: $917
Monthly Property Taxes: $175
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Memphis, TN

Average List Price ^$206,894

Percent of Sale Price 39%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2026	$149,000		Listed Price

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245 MADISON AVE, Memphis, TN, 38103 is a Condo for sale at $149,000 with 848 sqft and a lot size of 0.01. 245 MADISON AVE has 1 bedrooms, 1.0 baths, and was built in 1909. The property's zip code is 38103 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

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.

Data is updated as of 3/13/2026.

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245 MADISON AVE

Condo for sale in Memphis, TN

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