Experience true loft living in the heart of South Main Arts District at one of downtown Memphis’ most sought after buildings, The Lofts at South Bluffs. This rare floor plan is one of only a few like it in the building and blends historic warehouse character with modern upgrades. Huge warehouse-style windows fill the space with natural light while the open layout offers flexibility for entertaining, working from home, or everyday living. Beautiful upgraded kitchen with designer lighting, oversized pantry, updated induction range/electric oven, and great storage throughout. Spacious custom walk-in closets in both the bedroom and hallway. LG front load washer/dryer, smart lock, and Ecobee thermostat remain. Concrete floors, high ceilings, rooftop pool, sauna, fitness center, 2 gated parking, storage unit, onsite staff, and incredible river/city views. Steps from restaurants, coffee shops, galleries, and nightlife. Includes 2 deeded parking spaces. Open House Saturday 12:00 PM - 2:00 PM!
For sale
Price cut: $25.9K (7/2)
$299,000
505 Tennessee St APT 208, Memphis, TN 38103
1beds
1,681sqft
Condominium
Built in 1909
-- sqft lot
$291,300 Zestimate®
$178/sqft
$-- HOA
What's special
Rooftop poolOversized pantryGreat storage throughoutSmart lockHigh ceilingsEcobee thermostat
- 59 days |
- 724 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Logan I Scheidt,
Crye-Leike, Inc., REALTORS 901-756-8900
Source: MAAR,MLS#: 10221524
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s), Sitting Area, Carpet
- Level: Second
- Area: 240
- Dimensions: 12 x 20
Primary bathroom
- Features: Double Vanity, Vaulted/Coffered Ceiling
Dining room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Breakfast Bar, Washer/Dryer Connections
Living room
- Features: LR/DR Combination
- Area: 575
- Dimensions: 23 x 25
Den
- Dimensions: 0 x 0
Heating
- Central, Electric Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Laundry Room, Laundry Closet
Features
- Primary Up, Luxury Primary Bath, 2 or More Elevators, Trash Chute, Den/Great Room, Kitchen, 1 Bath, Laundry Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Concrete
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 1,681 sqft
Property
Parking
- Total spaces: 2
- Parking features: Storage, Gated, Unassigned
- Covered spaces: 2
Features
- Stories: 1
- Exterior features: Gas Grill, On-Site Storage
- Has private pool: Yes
- Pool features: Pool Cleaning Equipment, Community, In Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1,306 Square Feet
- Dimensions: .03
- Features: Historic District
Details
- Parcel number: 002083 D00026
Construction
Type & style
- Home type: Condo
- Architectural style: Soft Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition Shingles,Tile/Slate
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Water: Common Hot Water
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Fitness Center, On-Site Storage
- Security: Fire Alarm, Smoke Detector(s)
- Subdivision: Lofts @ South Bluffs Condos Third Amend
HOA
- Services included: Some Utilities, Maintenance Structure, Maintenance Grounds, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $373,900
- Annual tax amount: $4,926
- Price range: $299K - $299K
- Date on market: 5/14/2026
- Cumulative days on market: 60 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
Zestimate®
$291,300
Estimated sales range
$277,000 - $306,000
Rent Zestimate®
$1,702/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $299,000-8%$178/sqft |
Source: | ||
| 6/26/2026 | Price change | $324,900-1.2%$193/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $329,000-8.4%$196/sqft |
Source: | ||
| 2/5/2025 | Listing removed | $1,640$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2025 | Price change | $1,640-8.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/12/2024 | Listed for rent | $1,799-7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/26/2024 | Listing removed | $1,939$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/26/2024 | Price change | $1,939-3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2024 | Listed for rent | $1,999$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/24/2024 | Listing removed | $359,000$214/sqft |
Source: | ||
| 9/10/2024 | Price change | $359,000-4.3%$214/sqft |
Source: | ||
| 8/16/2024 | Price change | $375,000-1.3%$223/sqft |
Source: | ||
| 7/29/2024 | Listed for sale | $379,999+16%$226/sqft |
Source: | ||
| 8/10/2020 | Sold | $327,500-2.2%$195/sqft |
Source: | ||
| 6/29/2020 | Pending sale | $335,000$199/sqft |
Source: 901 Real Estate Services #10078936 Report a problem | ||
| 6/19/2020 | Listed for sale | $335,000+20.1%$199/sqft |
Source: 901 Real Estate Services #10078936 Report a problem | ||
| 10/16/2018 | Sold | $279,000-1.6%$166/sqft |
Source: | ||
| 9/21/2018 | Listed for sale | $283,500+18.1%$169/sqft |
Source: Henry Turley Inc., REALTORS #10037070 Report a problem | ||
| 2/20/2010 | Listing removed | $240,000$143/sqft |
Source: Henry Turley Realtors #3178930 Report a problem | ||
| 8/26/2009 | Listed for sale | $240,000$143/sqft |
Source: Henry Turley Realtors #3178930 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,927 -3.8% | $93,475 +20.2% |
| 2024 | $5,120 +8.1% | $77,750 |
| 2023 | $4,736 | $77,750 |
| 2022 | -- | $77,750 |
| 2021 | -- | $77,750 +19.5% |
| 2020 | $2,080 | $65,075 |
| 2019 | $2,080 -50.7% | $65,075 -37.5% |
| 2018 | $4,217 -45.1% | $104,120 |
| 2017 | $7,686 +252.8% | $104,120 +87.9% |
| 2016 | $2,179 +35.5% | $55,400 -44% |
| 2014 | $1,608 | $98,880 |
| 2013 | -- | $98,880 +96.1% |
| 2012 | -- | $50,425 |
| 2011 | -- | $50,425 |
| 2010 | -- | $50,425 -29.9% |
| 2009 | -- | $71,975 +32.6% |
| 2008 | -- | $54,300 |
| 2007 | -- | $54,300 |
| 2006 | -- | $54,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10B T Washington High SchoolGrades: 6-12Distance: 1 mi
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