Listing Courtesy of 901 Real Estate Services
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  • 1925
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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#: 10057739
MLS Area: 745A
Taxes: $58

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

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Exterior Details

  • Home Construction
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  • Pool:No
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  • Lot Description:
  • Lot Size:25 X 70

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Located on the south side of Madison just east of Main St. Metered parking on 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.

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