6 months on rocket

339 Madison Ave, Memphis, TN, 38103

$1,195,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

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339 Madison Ave, Memphis$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBack-Load Garage
Year Built1923
HeatingCentral
CoolingCentral Air
MLS #10159864
StatusActive

About 339 Madison Ave

Beautiful and historic EDGE District property featuring a unique multi-story interior. COMES FURNISHED! A ROCK-STAR STATUS AIR BnB / WORK-LIVE OPPORTUNITY! Located at the border of Memphis's Medical District and Downtown Memphis's booming redevelopment surge. In the middle of a KEY City-Center where new apartments and retail continue to come on-line at a fast clip. A walkable, perfect way for downtowners to live, work, play, thrive and stay connected. Cashflowing Air BnB

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Part Hardwood, Tile, 9 or more Ft. Ceiling

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Historic District, Sidewalks

Parking Information:

  • Parking: Back-Load Garage

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: from Danny Thomas turn West on Monroe Ave, take a left on S Fourth St, turn right on Madison Ave. The building is on our right hand side before the bridge, take the small exit on your right and park on the parking lot or on the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000

Tax Information:

  • Annual Amount: $5,792
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

339 Madison Ave vs Memphis

187 DAYS ON ROCKET

$1,195,000

+$999.3K More

KEY TAKEAWAY

This property is $999.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10159864

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 12:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2013Home Sold
$150,000
Apr 02, 2004Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,792$80,000
2020$5,080$72,680
2019$5,471$70,120
2018$2,882$70,120
2017$2,772$70,120

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-6263314
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 6.65 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,121. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 339 Madison Ave

What is the listing price of this property?

The listing price of 339 Madison Ave property is $1,195,000.

What type of property is this?

The property 339 Madison Ave is a house located in Memphis, Tennessee, 38103.

Is this property for sale now?

Active Listing: 339 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 339 Madison Ave are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,792 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 14, 2013 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 339 Madison Ave has 10 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 339 Madison Ave is 1923.

Rocket Homes›Tennessee›Shelby County›Memphis›38103›339 Madison Ave

This home is located at 339 Madison Ave in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home was built in 1923. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $1,195,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

From Rocket Homes Real Estate and based on county public records data.

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