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For sale
    • $244,700

    127 Madison Ave APT 602, Memphis, TN 38103

    2beds
    1,500sqft
    : 
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    Condominium
    Built in 1908
    -- sqft lot
    $233,700 Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Overlooking the mississippi riverHistoric peabody hotelBreathtaking viewsOpen-concept layoutBreakfast barHigh ceilingsLarge windows
    Looking for a Downtown Memphis condo that puts you close to the energy of the city while still giving you a place to come home and unwind? 127 Madison Ave #602 offers a convenient location in the heart of Memphis, TN, with easy access to restaurants, entertainment, shopping, sporting events, and major downtown attractions. If you’ve been searching for a condo in Downtown Memphis that gives you a low-maintenance lifestyle and a central location, this one is worth a look. Whether you're looking for a primary residence or a second home, this condo places you right in the middle of what makes Downtown Memphis living so appealing.
    390 days
    |
    335
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary D Wardlaw,

    Keller Williams 901-221-5100

    Source: MAAR,MLS#: 10199280MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Hardwood Floor, Walk-In Closet(s)
      • Level: First
      • Area: 156
      • Dimensions: 12 x 13
      Bedroom 2
      • Features: Hardwood Floor
      • Level: First
      Primary bathroom
      • Features: Full Bath
      Dining room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Kitchen Island, Washer/Dryer Connections
      Living room
      • Features: Great Room
      • Area: 330
      • Dimensions: 11 x 30
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Primary Down, Smooth Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Windows: Double Pane Windows
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,500 sqft

      Property

      Parking
      • Parking features: Rent Parking Space
      Features
      • Stories: 1
      • Exterior features: Courtyard
      • Pool features: Neighborhood
      • Spa features: Community
      Details
      • Parcel number: 002058A00010

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1908

      Community & HOA

      Community
      • Features: Courtyard, On-Site Storage
      • Subdivision: Goodwyn Condominiums
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $343,500
      • Annual tax amount: $3,813
      • Price range: $244.7K - $244.7K
      • Date on market: 6/18/2025
      • Cumulative days on market: 390 days

        Estimated market value

        $233,700

        $222,000 - $245,000

        $1,923/mo

        Price history

        DateEventPrice
        3/12/2026Price change$244,700-4%$163/sqft
        Source: MAAR #10199280 Report a problem
        12/31/2025Price change$255,000-7.2%$170/sqft
        Source: MAAR #10199280 Report a problem
        7/26/2025Price change$274,900-3.5%$183/sqft
        Source: MAAR #10199280 Report a problem
        6/18/2025Listed for sale$285,000+54.1%$190/sqft
        Source: MAAR #10199280 Report a problem
        2/23/2010Sold$185,000$123/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,526 +18.7%$85,875 +48.3%
        2024$3,813 +8.1%$57,900
        2023$3,527 $57,900
        2022-- $57,900
        2021-- $57,900 +10.2%
        2020$1,679 $52,525
        2019$1,679 -21.1%$52,525
        2018$2,127 -45.1%$52,525
        2017$3,877 +116.7%$52,525 -0.2%
        2016$1,789 +21.3%$52,625
        2014$1,475 $52,625
        2013-- $52,625 +13.8%
        2012-- $46,250
        2011-- $46,250 -46.4%
        2010-- $86,250
        2009-- $86,250 +4%
        2008-- $82,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        94 / 100
        Walker's Paradise
        52 / 100
        Good Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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