Listing Courtesy of 901 Real Estate Services
  • 4 / 2.1
  • 63
  • 1925
  • 1,742
Active Status Condo Mid Rise (3-6 Stories)
Check Drive Time
See how long it takes to get to work. Change


Awesome opportunity to purchase this free standing building in the heart of Downtown. Currently being used as an Airbnb on the 2nd & 3rd floor. 1st floor is under a lease for another 11 months. Airbnb income in 2018 was $107,000 and had a very high occupancy rate of 86%. Fantastic turnkey business and building. Airbnb reservations on the books into Jan. 2020. 4 BR 2 BA on the 2nd and 3rd floor. Great for a Live-Work space as well. Elevator on all 4 floors.

Address: 109 MADISON AVE
State: TN
City: Memphis
County: Shelby
Zip Code: 38103
Neighborhood: Plan Of Memphis
MLS#: 10057737
MLS Area: 745A
Taxes: $9,010

Price History

Date Price Event Change MLS#:
7/19/2019 $949,900 List Price 10057739
7/19/2019 $949,900 List Price 10057737

Nearby Schools

Downtown Elementary School(Preschool-5)
St. Patrick Catholic School(Preschool-6)
St Jude School Program(K-12)
Early Childhood Education Center(Preschool-Preschool)
Le Bonheur Children's Med Ctr Hospital School(K-11)
Maria Montessori School(Preschool-8)
New Consortium Of Law And Business Ii(6-11)3
Memphis Grizzlies Prepartory Charter School(6-8)
St. Patrick Catholic School(Preschool-6)
St Jude School Program(K-12)
Vance Middle School(6-8)
Le Bonheur Children's Med Ctr Hospital School(K-11)
Maria Montessori School(Preschool-8)
New Consortium Of Law And Business Ii(6-11)3
St Jude School Program(K-12)
Le Bonheur Children's Med Ctr Hospital School(K-11)

Interior Details

  • Appliances:Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Features:Wet Bar, Sky Light(S), Smoke Detector(S), Elevator
  • Furnished:
  • Floor Type:Part Hardwood, Tile, 9 Or More Ft. Ceiling
  • Cooling:Central, Ceiling Fan(S), Dual System, 220 Wiring
  • Heating:Gas, Dual System
  • Dining Area:LR/DR Combination,Updated/Renovated Kitchen,Breakfast Bar,Island In Kitchen
  • Other Rooms:Laundry Room, Entry Hall

Rooms

  • Master Bedroom0x0
  • Dining Room0x0
  • Den0x0
  • Living Room0x0

Exterior Details

  • Home Construction
  • Features:Wrought Iron Security Drs
  • Exposure:
  • Roof Type:Built-Up/Flat
  • Garage Spaces:
  • Pool:No
  • Utilities:Gas Water Heater,Public Water,Public Sewer
  • Lot Description:Other (See Remarks)
  • Lot Size:25 X 70
  • Parking:Rent Parking Space
  • Foundation:Full Basement
  • Exterior:Wood/Composition,Double Pane Window(s)

Community Details

  • HOA: $0/mo
    Fees Include:
  • Misc:General Residential

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:East of Main St on the South Side of Madison
Property Information Last Updated: 9/20/2019 3:58:09 PM
Property Listed By 901 Real Estate Services


The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Memphis Area Association of REALTORS(R). 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. Real estate listings held by brokerage firms other than Harris Realty Services are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright 2018 Memphis Area Association of REALTORS (R) All Rights Reserved.

>