For sale

Price cut: $10K (7/20)

$234,900

408 S Front St Suite 501, Memphis, TN 38103

1beds

1,149sqft

$1,699/mo

Get pre-qualified

Condominium

Built in 1912

-- sqft lot

$227,800 Zestimate^®

$204/sqft

$-- HOA

What's special

Open floorplanTons of exposed brickNew sink and fixtureCabinets with push-activated openingNew specific-fit european appliances

The perfect flat is waiting for you at Paperworks! This home has an open floorplan, yet the bedroom and living & dining areas are split by the kitchen and bathroom spaces. The kitchen has been fully renovated with new, specific-fit, European appliances, new sink and fixture, and cabinets with push-activated opening. The owner personally installed the REAL penny tile backsplash, with alternating heads and tails on every other row. The condo has tons of exposed brick, polished concrete floors, concrete ceiling beams and over 10- foot ceilings. Fireplace is conveyed as-is. Basement garage parking space 23 is included, and the amenities of the common spaces are the Zen garden in the lobby, a large rooftop deck with gas grill overlooking the MS River and downtown skyline. The kitchen chandelier is excluded from the sale, but can be replaced with the light at the end of the photos, or a credit if the buyer prefers. No short-term rentals allowed.

143 days
159
22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Area: 306
Dimensions: 17 x 18

Primary bathroom

Features: Full Bath

Dining room

Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen, Washer/Dryer Connections
Area: 132
Dimensions: 11 x 12

Living room

Features: LR/DR Combination
Area: 432
Dimensions: 16 x 27

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

Included: Vent Hood/Exhaust Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Laundry: Laundry Closet

Features

Full Bath Down, Primary Down, Renovated Bathroom, High Ceilings, Elevator, 1 Bath, Dining Room, Kitchen, Living Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Concrete
Windows: Aluminum Frames, Double Pane Windows, Window Treatments
Basement: Partial,Common Basement
Number of fireplaces: 1
Fireplace features: Decorative, Living Room, Masonry, Presently Inoperative

Interior area

Total interior livable area: 1,149 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Gate Clickers, Gated, Garage Faces Side
Has garage: Yes
Covered spaces: 1

Features

Stories: 1
Patio & porch: Deck
Exterior features: Gas Grill, Courtyard
Pool features: None
Fencing: Brick/Iron Fenced,Brick/Ironed Fence
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 435 Square Feet
Features: Historic District

Details

Parcel number: 002105 B00050

Construction

Type & style

Home type: Condo
Architectural style: Other (See Remarks)
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick Veneer
Roof: Built-Up/Flat

Condition

New construction: No
Year built: 1912

Utilities & green energy

Sewer: Public Sewer
Water: Common Hot Water, Public

Community & HOA

Community

Features: Courtyard
Security: Dead Bolt Lock(s), Limited Access
Subdivision: Paperworks Lofts Condo

HOA

Services included: Exterior Insurance, Maintenance Structure, Maintenance Grounds, Management Fees, Parking, Reserve Fund, Trash, Water/Sewer

Location

Region: Memphis

Financial & listing details

Price per square foot: $204/sqft
Tax assessed value: $240,400
Annual tax amount: $3,168
Price range: $234.9K - $234.9K
Date on market: 5/17/2026
Cumulative days on market: 144 days
Listing terms: Conventional

Estimated market value

$227,800

$216,000 - $239,000

$1,535/mo

Price history

Date	Event	Price
7/20/2026	Price change	$234,900-4.1%$204/sqft
Source: MAAR #10221812 Report a problem
5/17/2026	Listed for sale	$244,900+3.6%$213/sqft
Source: MAAR #10221812 Report a problem
10/28/2021	Sold	$236,500+3.3%$206/sqft
Source: MAAR #10110228 Report a problem
10/17/2021	Pending sale	$228,900$199/sqft
Source: MAAR #10110228 Report a problem
10/8/2021	Contingent	$228,900$199/sqft
Source: MAAR #10110228 Report a problem
10/7/2021	Listed for sale	$228,900+54.8%$199/sqft
Source: MAAR #10110228 Report a problem
10/7/2016	Sold	$147,900-6.7%$129/sqft
Source: MAAR #9981248 Report a problem
12/23/2002	Sold	$158,500$138/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,168 +9.4%	$60,100 +36.7%
2024	$2,894 +8.1%	$43,950
2023	$2,677	$43,950
2022	--	$43,950
2021	--	$43,950 +20.1%
2020	$1,170	$36,600
2019	$1,170 -21.1%	$36,600
2018	$1,482 -45.1%	$36,600
2017	$2,702 +169.8%	$36,600 +24.3%
2016	$1,001 -22.7%	$29,450
2014	$1,295	$29,450
2013	--	$29,450 -27.5%
2012	--	$40,600
2011	--	$40,600
2010	--	$40,600
2009	--	$40,600 +1.7%
2008	--	$39,925
2007	--	$39,925
2006	--	$39,925
2005	--	$39,925 +13.3%
2004	--	$35,250 -37.5%
2003	--	$56,400
2002	--	$56,400