For sale

$250,000

77 Vance Ave APT 301, Memphis, TN 38103

2beds

921sqft

$1,844/mo

Get pre-qualified

Condominium

Built in 1926

-- sqft lot

$241,000 Zestimate^®

$271/sqft

$-- HOA

What's special

Additional street parking availableHardwood floors

Money making opportunity in the heart of the South Main Arts District! This adorable 2 bedroom, 1 bath condo is an active Airbnb and stays rented, making it an excellent investment or opportunity to enjoy downtown living while generating income. Furnishings can be negotiated. Inside, you'll love the character of the cool exposed brick accent walls, hardwood floors, some carpet and tons of windows that fill the unit with natural light. The cute kitchen offers plenty of cabinet space. One assigned gated parking space is included, with additional street parking available. Charming, comfortable and full of character, this desirable location puts you within easy reach of everything downtown Memphis has to offer, including fabulous restaurants, pubs, the FedExForum, Orpheum Theatre and the vibrant South Main entertainment district. Whether you're looking for an income-producing property, a weekend getaway or your own downtown retreat, this one is worth a look!

19 days
242
22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Carpet
Level: First
Area: 143
Dimensions: 11 x 13

Bedroom 2

Features: Carpet, Shared Bath
Level: First
Area: 110
Dimensions: 10 x 11

Primary bathroom

Features: Tile Floor

Dining room

Dimensions: 0 x 0

Kitchen

Features: Breakfast Bar, Pantry, Washer/Dryer Connections
Area: 99
Dimensions: 9 x 11

Living room

Features: Great Room
Area: 228
Dimensions: 12 x 19

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Range/Oven
Laundry: Laundry Closet

Features

All Bedrooms Down, Full Bath Down, Primary Down, High Ceilings, Sprayed Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet, Part Hardwood, Tile
Windows: Window Treatments
Basement: Crawl Space
Has fireplace: No
Common walls with other units/homes: End Unit

Interior area

Total interior livable area: 921 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Assigned, Gate Clickers, Gated, On Street, Parking Lot
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Sidewalks
Pool features: None

Lot

Features: Level, Historic District

Details

Parcel number: 002103 B00013

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Other (See REMARKS)
Subdivision: First Amendment Ambassador Commons Condo

HOA

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

Location

Region: Memphis

Financial & listing details

Price per square foot: $271/sqft
Tax assessed value: $203,200
Annual tax amount: $2,678
Price range: $250K - $250K
Date on market: 9/15/2026
Cumulative days on market: 20 days
Listing terms: Conventional

Estimated market value

$241,000

$229,000 - $253,000

$1,695/mo

Price history

Date	Event	Price
9/15/2026	Listed for sale	$250,000+25.6%$271/sqft
Source: MAAR #10230484 Report a problem
10/7/2021	Sold	$199,000+47.6%$216/sqft
Source: Public Record Report a problem
10/28/2018	Listing removed	$1,800$2/sqft
Source: Zillow Rental Manager Report a problem
9/27/2018	Listed for rent	$1,800$2/sqft
Source: Zillow Rental Manager Report a problem
8/8/2016	Sold	$134,800+3.7%$146/sqft
Source: MAAR #9978909 Report a problem
6/8/2016	Listed for sale	$130,000-13.6%$141/sqft
Source: Keller Williams - Memphis Central #9978909 Report a problem
6/29/2005	Sold	$150,385$163/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,678 +15.2%	$50,800 +43.9%
2024	$2,325 +8.1%	$35,300
2023	$2,150	$35,300
2022	--	$35,300
2021	--	$35,300 +7.9%
2020	$1,046	$32,725
2019	$1,046 -21.1%	$32,725
2018	$1,325 -45.1%	$32,725
2017	$2,416 +199.1%	$32,725 +37.8%
2016	$808 -38.4%	$23,750
2014	$1,311	$23,750
2013	--	$23,750 -42.2%
2012	--	$41,100
2011	--	$41,100
2010	--	$41,100
2009	--	$41,100 +7.5%
2008	--	$38,225
2007	--	$38,225
2006	--	$38,225