Water Views
Address
505 Tennessee St, Memphis, TN
Price
$ 349,500
Property Attributes
  • MLS#10219515
  • TypeCondos
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Bluffs-Downtown
  • NeighborhoodLOFTS AT SOUTH BLUFFS CONDOMINIUMS
  • Zip38103
  • StyleSoft Contemporary,Split Level
  • Year Built1909
  • Taxes$ 5591
  • Price$ 349,500
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2010
  • Lot Size0.04 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

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

Price History
4/17/2026 Listed $360,000
7/1/2026 3$349,500

General Features

Heating Central
Cooling 220 Wiring,Ceiling Fan(s),Central
Roof Built-Up/Flat
Status Active
Full Baths 1
Other Rooms Laundry Closet,Entry Hall
Legal Subdivision Name LOFTS @ SOUTH BLUFFS CONDOS THIRD AMEND
Style Soft Contemporary,Split Level
Stories Count 1
County Shelby
Class Residential
Type Attached Single Family
Condo Yes
Area 745A
Unit Number 319
Parcel Number 002083 D00065
Management Company Wright Property Mgt
Status Active
Annual City Tax 2738
Annual County Tax 2853
Condominium Name Lofts at South Bluff
Monthly Maintenance Fee 856
Sale/Rent For Sale
Neighborhood Amenities Club House,Pool,Recreation Facilities
Area South Bluffs/Downtown
Service Type Full Service Listing
Condominium Association Yes
CONDO FEES INCLUDE Water/Sewer,Trash Collection,Exterior Maintenance,Grounds Maintenance,Management Fees,Exterior Insurance,Reserve Fund
Year Built 1909
Directions On the Northwest Corner of GE Patterson and Tennessee Street. Coming off the elevator take a left then a right & a right to the double doors. 319 will be on the right.
City Memphis
DOM 153

Interior Features

Dining Room 20x9
Living Room LR/DR Combination,Breakfast Bar,Kit/DR Combo
Kitchen Dimensions 10x9
Living Room Dimensions 22x20
Beds 2
Total Baths 1
Number of Rooms 4
Downstairs Bedrooms 1
MISC. INTERIOR All Window Treatments,Walk-In Closet(s),Fire Sprinklers,Smoke Detector(s),2 or More Elevators,Vent Hood/Exhaust Fan,Trash Chute
# Units Per Bldg 197
FLOORS/CEILINGS Part Hardwood,Part Carpet,Concrete Floor,Smooth Ceiling,9 or more Ft. Ceiling,Other (See REMARKS)
Condo Amenities Sauna,Exercise Room,Clubhouse w/ Kitchen,Clubhouse w/Baths,Water View
INTERIOR EQUIPMENT Range/Oven,Self Cleaning Oven,Disposal,Dishwasher,Microwave,Refrigerator,Cable Wired,Cable Available
BEDROOM 2 DESCRIPTION Level 1,Shared Bath,Smooth Ceiling

Exterior Features

Foundation Full Basement
Pool Neighborhood
Lot UNIT 319
Lot Size Area 0.04
Water & Sewer Electric Water Heater,Public Sewer,Public Water
Parking Display G2D
Lot Description Level,Water View,Iron Fenced
# Covered Parking Spaces 2
PARKING/STORAGE Gated Parking,Unassigned Parking,Common Parking Garage
EXTERIOR/WINDOWS Brick Veneer,Double Pane Window(s)
Misc. Exterior Pool Cleaning Equipment,Gas Grill,Covered Patio,Deck,Sauna,Historic District,Sidewalks,Iron Fence

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 38103

Price
AVG $310K
$350K
Taxes
AVG $4,274
$5,591
Year Built
AVG 1963
1909
Visits
AVG 94
134
Data Provided by Inside Real Estate®