For sale

$300,000

85 Vance Ave APT 202, Memphis, TN 38103

2beds

1,100sqft

$2,129/mo

Get pre-qualified

Condominium

Built in 2003

-- sqft lot

$292,300 Zestimate^®

$273/sqft

$-- HOA

What's special

Cute outdoor balconyHardwood thru out

Money making opportunity in the heart of the South Main Arts District! This adorable 2 bedroom (split), 2 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. Hardwood thru out. Tons of windows that fill the unit with natural light. The cute kitchen offers plenty of cabinet space and a breakfast bar with pass through really opening up the flow. Cute outdoor balcony. 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!

35 days
116
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Walk-In Closet(s), Hardwood Floor
Level: First
Area: 144
Dimensions: 12 x 12

Bedroom 2

Features: Private Full Bath, Hardwood Floor
Level: First
Area: 144
Dimensions: 12 x 12

Primary bathroom

Features: Tile Floor, Full Bath

Dining room

Area: 96
Dimensions: 8 x 12

Kitchen

Features: Pantry, Washer/Dryer Connections
Area: 72
Dimensions: 8 x 9

Living room

Features: Great Room
Area: 234
Dimensions: 13 x 18

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

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

Features

All Bedrooms Down, Primary Down, Two Primaries, Split Bedroom Plan, Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Part Carpet, Tile
Windows: Double Pane Windows, Window Treatments
Has fireplace: No
Common walls with other units/homes: End Unit

Interior area

Total interior livable area: 1,100 sqft

Video & virtual tour

View virtual tour

Property

Parking

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

Features

Stories: 1
Exterior features: Balcony, Sidewalks
Pool features: None

Lot

Size: 871 Square Feet
Dimensions: 30451 SF
Features: Level, Historic District

Details

Parcel number: 002103 A00020

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: 2003

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Gated, Other (See REMARKS)
Subdivision: Talbot Square Condo

HOA

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

Location

Region: Memphis

Financial & listing details

Price per square foot: $273/sqft
Tax assessed value: $226,700
Annual tax amount: $2,988
Price range: $300K - $300K
Date on market: 9/15/2026
Cumulative days on market: 36 days
Listing terms: Conventional

Estimated market value

$292,300

$278,000 - $307,000

$1,820/mo

Price history

Date	Event	Price
9/15/2026	Listed for sale	$300,000+42.9%$273/sqft
Source: MAAR #10230485 Report a problem
3/28/2024	Sold	$210,000+21.4%$191/sqft
Source: MAAR #10169195 Report a problem
12/15/2004	Sold	$173,000$157/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,987 +10.6%	$56,675 +38.2%
2024	$2,700 +8.1%	$41,000
2023	$2,498	$41,000
2022	--	$41,000
2021	--	$41,000 +3.5%
2020	$1,266	$39,600
2019	$1,266 -21.1%	$39,600
2018	$1,604 -45.1%	$39,600
2017	$2,923 +131.6%	$39,600 +6.7%
2016	$1,262 -5.9%	$37,125
2014	$1,342	$37,125 -12.6%
2013	--	$42,500 +1%
2012	--	$42,075
2011	--	$42,075 -5.7%
2010	--	$44,625
2009	--	$44,625 +36.6%
2008	--	$32,675
2007	--	$32,675
2006	--	$32,675
2005	--	$32,675