For sale

Price cut: $5.5K (9/22)

$344,000

505 Tennessee St APT 319, Memphis, TN 38103

2beds

2,010sqft

$2,489/mo

Get pre-qualified

Condominium

Built in 1909

-- sqft lot

$327,400 Zestimate^®

$171/sqft

$-- HOA

What's special

Rooftop poolFlexible open layoutAbundant natural lightGenerous ceiling heightSun deck

With over 2,000 square feet, this South Bluffs loft offers an uncommon downtown opportunity—space. Whether you want room to entertain, work from home, pursue hobbies, host guests, or simply spread out, the flexible open layout adapts easily to the way you live. Located on the edge of the South Main Historic District, you'll enjoy easy access to Tom Lee Park, The Orpheum, FedEx Forum, restaurants, coffee shops, art galleries, and downtown attractions. Concrete floors, generous ceiling height, and abundant natural light create the loft's distinctive character. This unit includes two deeded parking spaces in the private garage, connected to the building by a covered walkway. Residents enjoy key fob access, a rooftop pool, sun deck, fitness center, and clubhouse with river and skyline views. As a bonus, the seller is offering up to $10,000 that may be applied toward HOA fees, prepaids, and allowable closing expenses, leaving more room in your budget to settle in. No short-term rentals

177 days
209
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Entry Hall

Primary bedroom

Features: Carpet, Smooth Ceiling
Level: Second
Area: 285
Dimensions: 15 x 19

Bedroom 2

Features: Shared Bath, Smooth Ceiling
Level: First

Primary bathroom

Features: Smooth Ceiling

Dining room

Area: 180
Dimensions: 9 x 20

Kitchen

Features: Breakfast Bar, Kit/DR Combo
Area: 90
Dimensions: 9 x 10

Living room

Features: LR/DR Combination
Area: 440
Dimensions: 20 x 22

Den

Dimensions: 0 x 0

Heating

Central

Cooling

220 Wiring, Ceiling Fan(s), Central Air

Appliances

Included: Electric Water Heater, Vent Hood/Exhaust Fan, Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven
Laundry: Laundry Room, Laundry Closet

Features

1 or More BR Down, Full Bath Down, Primary Up, High Ceilings, Smooth Ceiling, Cable Wired, 2 or More Elevators, Trash Chute, Walk-In Closet(s), 1 Bath, 2nd Bedroom, Den/Great Room, Dining Room, Kitchen, Laundry Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Concrete, Part Carpet, Part Hardwood
Windows: Double Pane Windows, Window Treatments
Basement: Full
Has fireplace: No

Interior area

Total interior livable area: 2,010 sqft

Property

Parking

Total spaces: 2
Parking features: Common, Gated, Unassigned
Has garage: Yes
Covered spaces: 2

Features

Levels: Multi/Split
Stories: 1
Patio & porch: Covered Patio, Deck
Exterior features: Gas Grill, Sauna, Sidewalks
Pool features: Pool Cleaning Equipment, Community, Neighborhood
Fencing: Wrought Iron,Iron Fence
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 1,742 Square Feet
Features: Level, Historic District

Details

Parcel number: 002083 D00065

Construction

Type & style

Home type: Condo
Architectural style: Soft Contemporary
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick Veneer
Roof: Built-Up/Flat

Condition

New construction: No
Year built: 1909

Details

Warranty included: Yes

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Clubhouse, Recreation Facilities, Clubhouse w/ Kitchen, Clubhouse w/Baths, Fitness Center, Sauna
Security: Fire Sprinkler System, Smoke Detector(s), Dead Bolt Lock(s), Fire Alarm, Limited Access
Subdivision: Lofts @ South Bluffs Condos Third Amend

HOA

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

Location

Region: Memphis

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $424,300
Annual tax amount: $5,591
Price range: $344K - $344K
Date on market: 4/17/2026
Cumulative days on market: 178 days
Listing terms: Conventional

Estimated market value

$327,400

$311,000 - $344,000

$1,906/mo

Price history

Date	Event	Price
9/22/2026	Price change	$344,000-1.6%$171/sqft
Source: MAAR #10219515 Report a problem
7/1/2026	Price change	$349,500-2.9%$174/sqft
Source: MAAR #10219515 Report a problem
4/17/2026	Listed for sale	$360,000+27.4%$179/sqft
Source: MAAR #10219515 Report a problem
4/9/2012	Sold	$282,500-10.3%$141/sqft
Source: MAAR #3191669 Report a problem
6/11/2010	Listed for sale	$315,000$157/sqft
Source: Henry Turley Realtors #3191669 Report a problem
4/17/2010	Listing removed	$315,000$157/sqft
Source: Henry Turley Realtors #3191669 Report a problem
9/15/2009	Listed for sale	$315,000$157/sqft
Source: Henry Turley Realtors #3174489 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,591 +4.7%	$106,075 +30.8%
2024	$5,342 +8.1%	$81,125
2023	$4,942	$81,125
2022	--	$81,125
2021	--	$81,125 +10.7%
2020	$2,342	$73,275
2019	$2,342 -21.1%	$73,275
2018	$2,968 -45.1%	$73,275
2017	$5,409 +125.2%	$73,275 +3.8%
2016	$2,401 +24.9%	$70,625
2014	$1,923	$70,625
2013	--	$70,625 +17.1%
2012	--	$60,300
2011	--	$60,300
2010	--	$60,300 -22.7%
2009	--	$77,975 +9.4%
2008	--	$71,250
2007	--	$71,250
2006	--	$71,250