Pending

$185,000

505 Tennessee St APT 407, Memphis, TN 38103

0beds

823sqft

$1,300/mo

Get pre-qualified

Condominium

Built in 1909

-- sqft lot

$-- Zestimate^®

$225/sqft

$-- HOA

What's special

Spacious Studio loft in the infamous Lofts at South Bluffs! Huge walk-in closet, bathroom with shower/soaking tub and plenty of room in the living space for bed, couch and soft seating. Engineered wood floors, over 12-foot ceilings with exposed brick wall on the south side of the condo, and thick timber support columns to accent the original finishes of the building from 1909. Originally Orgill Brothers Hardware, the building converted to apartments in the 1990's, then to condos in 2007. The building boasts 5-days per week on-site management, garage parking, and the Skyline Club on the RG level with a great gym, covered patio with outdoor kitchen, sauna, gas grills, deck with lounge chairs, and a rooftop lap pool, all with breathtaking views of the Mississippi River and the Harahan Bridge. The condo comes with all appliances including refrigerator, washer, dryer, and an optional kitchen island if desired (see photos). No short term rentals.

77 days

21

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Entry Hall

Primary bedroom

Features: Hardwood Floor, Smooth Ceiling, Walk-In Closet(s)
Level: First
Dimensions: 0 x 0

Primary bathroom

Features: Smooth Ceiling, Tile Floor

Dining room

Area: 187
Dimensions: 11 x 17

Kitchen

Features: Updated/Renovated Kitchen, Washer/Dryer Connections
Area: 90
Dimensions: 9 x 10

Living room

Features: LR/DR Combination
Area: 187
Dimensions: 11 x 17

Office

Features: Hardwood Floor, Shared Bath, Smooth Ceiling, Walk-In Closet(s)
Level: First
Area: 90
Dimensions: 9 x 10

Den

Dimensions: 0 x 0

Heating

Electric, Electric Heat Pump

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Vent Hood/Exhaust Fan, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Features

Full Bath Down, High Ceilings, Smooth Ceiling, Walk-In Closet(s), Trash Chute, 1 Bath, Dining Room, Living Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Tile, Wood Laminate Floors
Windows: Aluminum Frames, Double Pane Windows, Window Treatments
Basement: Partial,Common Basement
Has fireplace: No

Interior area

Total interior livable area: 823 sqft

Property

Parking

Total spaces: 1
Parking features: Common, Garage Faces Front, Unassigned
Has garage: Yes
Covered spaces: 1

Features

Stories: 1
Patio & porch: Patio, Covered Patio
Exterior features: Gas Grill, Sauna, Sidewalks
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: 435 Square Feet
Features: Corner Lot, Level, Historic District

Details

Parcel number: 002083 D00081

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: 1909

Utilities & green energy

Sewer: Public Sewer
Water: Common Hot Water, Public

Community & HOA

Community

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

HOA

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

Location

Region: Memphis

Financial & listing details

Price per square foot: $225/sqft
Tax assessed value: $213,500
Annual tax amount: $3,296
Price range: $185K - $185K
Date on market: 6/10/2026
Listing terms: Conventional,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

$1,376/mo

Price history

Date	Event	Price
6/10/2026	Pending sale	$185,000$225/sqft
Source: MAAR #10223621 Report a problem
6/10/2026	Listing removed	$1,295$2/sqft
Source: Zillow Rentals Report a problem
6/4/2026	Listed for rent	$1,295$2/sqft
Source: Zillow Rentals Report a problem
4/29/2026	Listing removed	$185,000$225/sqft
Source: MAAR #10206309 Report a problem
3/19/2026	Pending sale	$185,000$225/sqft
Source: MAAR #10206309 Report a problem
2/28/2026	Price change	$185,000-5.1%$225/sqft
Source: MAAR #10206309 Report a problem
1/7/2026	Price change	$195,000-2.5%$237/sqft
Source: MAAR #10206309 Report a problem
9/23/2025	Listed for sale	$200,000+31.1%$243/sqft
Source: MAAR #10206309 Report a problem
8/7/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
8/1/2022	Listed for rent	$1,295+16.1%$2/sqft
Source: Zillow Rental Network Premium Report a problem
3/24/2018	Listing removed	$1,115$1/sqft
Source: 901 Real Estate Services Report a problem
3/23/2018	Price change	$1,115-0.9%$1/sqft
Source: 901 Real Estate Services Report a problem
3/8/2018	Price change	$1,125-6.3%$1/sqft
Source: 901 Real Estate Services #10021961 Report a problem
2/26/2018	Listed for rent	$1,200+9.1%$1/sqft
Source: 901 Real Estate Services Report a problem
3/28/2017	Listing removed	$1,100$1/sqft
Source: Downtown Condo Connection, Realtors Report a problem
3/17/2017	Listed for rent	$1,100$1/sqft
Source: Downtown Condo Connection, Realtors Report a problem
12/3/2014	Sold	$152,500$185/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,813 -14.6%	$53,375 +6.6%
2024	$3,296 +8.1%	$50,050
2023	$3,049	$50,050
2022	--	$50,050
2021	--	$50,050 +26.4%
2020	$1,266	$39,600
2019	$1,266 -21.1%	$39,600
2018	$1,604 -45.1%	$39,600
2017	$2,923 +131.1%	$39,600 +6.5%
2016	$1,265 +53.6%	$37,200 -37.5%
2014	$824	$59,520
2013	--	$59,520 +130.5%
2012	--	$25,825
2011	--	$25,825
2010	--	$25,825 -25.7%
2009	--	$34,750 -30.1%
2008	--	$49,725
2007	--	$49,725
2006	--	$49,725