127 Madison Ave, Unit 602

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Description

Looking for a Downtown Memphis condo that puts you close to the energy of the city while still giving you a place to come home and unwind? 127 Madison Ave #602 offers a convenient location in the heart of Memphis, TN, with easy access to restaurants, entertainment, shopping, sporting events, and major downtown attractions. If you’ve been searching for a condo in Downtown Memphis that gives you a low-maintenance lifestyle and a central location, this one is worth a look. Whether you're looking for...Looking for a Downtown Memphis condo that puts you close to the energy of the city while still giving you a place to come home and unwind? 127 Madison Ave #602 offers a convenient location in the heart of Memphis, TN, with easy access to restaurants, entertainment, shopping, sporting events, and major downtown attractions. If you’ve been searching for a condo in Downtown Memphis that gives you a low-maintenance lifestyle and a central location, this one is worth a look. Whether you're looking for a primary residence or a second home, this condo places you right in the middle of what makes Downtown Memphis living so appealing.
  1. Listed by Mary Wardlaw • Keller Williams
  2. Listed by Mike Anderson • Keller Williams

Property Details for 127 Madison Avenue, Unit 602

Area
745A
Style
Traditional
MAAR Subdivision Name
GOODWYN CONDOMINIUMS 3RD AMEND
Legal Subdivision Name
Goodwyn Condominiums
LISTING UPDATED: 03/12/2026 06:10 PM

Property Details for 127 Madison Avenue, Unit 602

StatusActive
MLS #10199280
Days on Market315
Taxes$3,813 / year
HOA Fees-
Condo/Co-op Fees$794 / month
Property TypeSingle Family
MLS TypeResidential / Attached Single Family / Yes
Year Built1908
CountyShelby County

Location

Listing Courtesy of Keller Williams
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Building Information for 127 Madison Avenue, Unit 602

Building/ComplexGoodwynFloor-Stories1Pet Policy-Pet Policy Details-Year Built1908Building Size-

Payment Calculator

$2,344 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,232

Property Taxes

$318

HOA Dues

$794

The Payment Calculator is for illustrative purposes only.

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Property Information for 127 Madison Avenue, Unit 602

Summary
Location and General Information
  • Address: 127 MADISON AVE
  • Address Search Number: 127
  • Directions: Take exit 31 toward Little Rock onto I-40 W. Take exit 1A toward Second St/Third St/Memphis Convention Center onto TN-3 S/TN-14 S (N 2nd St). Go for 0.8 mi.Turn right onto Madison Ave.Go for 121 ft.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 06-18-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: South Bluffs/Downtown
Parking
  • Parking Display: N
  • Parking/Storage: Rent Parking Space
Taxes and HOA Information
  • LVT Date: 06-18-2025
Property
Lot Information
  • Lot Size: 0x0
Property and Assessments
  • Condo Amenities: Courtyard, Hot Tub, On-Site Storage
  • Condominium Association: Yes
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Green Feature Checklist: No
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Double Pane Window(s)
  • Misc Exterior: Courtyard
  • Pool Description: Neighborhood
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: Primary Down
  • Apprx Heated Sq Ft Range: 1400-1599
  • Attached Unit Type: High Rise (7+ Stories)
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedrooms Down: 2.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Smooth Ceiling
  • Heating: Central
  • Living Room Dimensions: 30x11
  • Living/Dining/Kitchen: Great Room, Island In Kitchen, Washer/Dryer Connections
  • Total Baths: 2

Property History for 127 Madison Avenue, Unit 602

DateEvent & SourcePriceAppreciation
Mar 12, 2026

Price Change

MAARMLS #10199280

$244,700—
Dec 31, 2025

Price Change

MAARMLS #10199280

$255,000—
Jul 26, 2025

Price Change

MAARMLS #10199280

$274,900—
DateEvent & SourcePrice
03/12/2026

Price Change

MAARMLS #10199280

$244,700
12/31/2025

Price Change

MAARMLS #10199280

$255,000
07/26/2025

Price Change

MAARMLS #10199280

$274,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Madison Avenue, Unit 602

Taxable ValueLand$1,125Additions$84,750Total$85,875
Tax Record2024$5,655 ($471 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtStories1Lot Size174 SqFtStyleCondominiumYear Built1908Year Renovated2007ZoningCBDCountySHELBYAPN002-058- -A-00010

Schools near 127 Madison Avenue, Unit 602

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Downtown Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Manassas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

127 Madison Avenue, Unit 602 is a single family home for sale in Memphis, TN 38103. This property was listed for sale on June 18, 2025 by Keller Williams, it's currently listed at $244,700. It has been on the market for a total of 315 days and was last sold on February 19, 2010. This listing's school district is Shelby County Schools. Nearby schools include Downtown Elementary School, B T Washington High School and Manassas High School. 127 Madison Avenue, Unit 602 is a 2-bed, 2-bath, single family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.