245 Madison Ave, Unit 705

Memphis, TN 38103

$149,000
Price
1
Bed
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Top floor unit in a great downtown location. Walk to restaurants and local attractions. Bare concrete floors, exposed brick walls, high ceilings, and lots of light from large East facing windows. Laundry in unit, large walk in closet, and open floorplan. Does not qualify for FHA financing, investors welcome.Top floor unit in a great downtown location. Walk to restaurants and local attractions. Bare concrete floors, exposed brick walls, high ceilings, and lots of light from large East facing windows. Laundry in unit, large walk in closet, and open floorplan. Does not qualify for FHA financing, investors welcome.
  1. Listed by Linda Sowell • Sowell, Realtors

Property Details for 245 Madison Avenue, Unit 705

Area
745B
Style
Contemporary
MAAR Subdivision Name
DOWNTOWN YMCA LOFTS
Legal Subdivision Name
DOWNTOWN YMCA LOFTS THE
LISTING UPDATED: 04/14/2026 09:10 AM

Property Details for 245 Madison Avenue, Unit 705

StatusActive
MLS #10216667
Days on Market58
Taxes$2,102 / year
HOA Fees-
Condo/Co-op Fees$311 / month
Property TypeSingle Family
MLS TypeResidential / Attached Single Family / Yes
Year Built1909
CountyShelby County
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Location

Listing Courtesy of Sowell, Realtors
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Building Information for 245 Madison Avenue, Unit 705

Building/ComplexDowntown YMCA LoftsFloor-Stories1Pet Policy-Pet Policy Details-Year Built1909Building Size-

Payment Calculator

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$1,236 per month

30 year fixed, 6.46% Interest

Principal and Interest

$750

Property Taxes

$175

HOA Dues

$311

The Payment Calculator is for illustrative purposes only.

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Property Information for 245 Madison Avenue, Unit 705

Summary
Location and General Information
  • Address: 245 MADISON AVE
  • Address Search Number: 245
  • Cross Street: 4th Street
  • Directions: From Union Ave., turn north onto S. BB King Blvd., then turn east on to Madison Ave. Property is on the right. Street parking only.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 03-13-2026
  • Geo Zoom Level: 16.00
  • Map Coordinate: B
  • MLS Map Num: South Bluffs/Downtown
Parking
  • Parking Display: N0
  • Parking/Storage: On-Street Parking
Taxes and HOA Information
  • LVT Date: 03-13-2026
Property
Lot Information
  • Lot Size: .01
  • Acreage: .01
  • Lot Num: UNIT 705
  • Lot Description: Corner
  • Parcel ID: 002061 00050
  • Zero Lot Line: No
Property and Assessments
  • Condo Amenities: Other (See REMARKS)
  • Condominium Association: Yes
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Security: Dead Bolt Lock(s)
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Electric Water Heater, Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Sidewalks, Fire Escape
  • Misc. Interior: All Window Treatments, Walk-In Closet(s), Elevator
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: Other (See Remarks)
  • Attached Unit Type: High Rise (7+ Stories)
  • Bedrooms Down: 1.0
  • Den Great Room Dimensions: 10x27
  • Dining Room Dimensions: NA
  • Floors/Ceilings: Concrete Floor, 9 or more Ft. Ceiling
  • Heating: Central
  • Interior Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Kitchen Dimensions: 11x12
  • Living Room Dimensions: NA
  • Living/Dining/Kitchen: Great Room, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • Total Baths: 1

Property History for 245 Madison Avenue, Unit 705

DateEvent & SourcePriceAppreciation
Mar 13, 2026

Listed (Active)

MAARMLS #10216667

$149,000—
Aug 1, 2005

Sold

MAARMLS #2611336

$139,000—
Jul 1, 2005

Contract Signed

MAARMLS #2611336

—
DateEvent & SourcePrice
03/13/2026

Listed (Active)

MAARMLS #10216667

$149,000
08/01/2005

Sold

MAARMLS #2611336

$139,000
07/01/2005

Contract Signed

MAARMLS #2611336

—

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

Public Records for 245 Madison Avenue, Unit 705

Taxable ValueLand$2,200Additions$37,675Total$39,875
Tax Record2024$2,626 ($219 / month)
Home Facts
Beds1Baths1Total Finished SqFt864 SqFtAbove Grade Finished SqFt864 SqFtStories1Lot Size348 SqFtStyleCondominiumYear Built1909Year Renovated2006ZoningSECountySHELBYAPN002-061- - -00050

Schools near 245 Madison Avenue, Unit 705

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Downtown Elementary School
Public - PK to 5
B T Washington High School
Public - 6 to 12
Manassas High School
Public - 9 to 12
Goodlett Elementary School
Public - PK to 7
Rating
School
Distance
Downtown Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Manassas High School
Public9 to 12

Goodlett Elementary School
PublicPK to 7

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.

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More information about 245 Madison Avenue, Unit 705, Memphis, TN 38103

245 Madison Avenue, Unit 705 is a single family home for sale in Memphis, TN 38103. This property was listed for sale on March 13, 2026 by Sowell, Realtors, it's currently listed at $149,000. It has been on the market for a total of 58 days and was last sold on August 1, 2005. This listing's school district is Shelby County Schools. Nearby schools include Downtown Elementary School, B T Washington High School and Manassas High School. 245 Madison Avenue, Unit 705 is a 1-bed, 1-bath, single family home built in 1909.

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 Sowell, Realtors

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.