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Downtown Memphis Townhome for Sale

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    $485,000

    • 4 Beds
    • 2.5 Baths
    • 2,600+ Sq Ft

    406 E Pontotoc Ave, Memphis, TN 38126

    Experience Elevated Downtown Living. Welcome to this stunning 4 bedroom, 2.5 bath luxury townhome development nestled in the heart of downtown Memphis. Just a short walk to Beale Street, Main Street, and the FedEx Forum, you’ll be at the center of the city’s best entertainment, dining, and culture. This modern 4-story townhome, built in 2022, offers rooftop views of the Memphis skyline and

    Donnie Morrow eXp Realty, LLC

    406 E Pontotoc Ave, Memphis, TN 38126

Why Live in Downtown Memphis

Downtown Memphis is a lively neighborhood infused with the sounds of blues and rock music, complemented by the aroma of coffee shops. The area features revitalized historic buildings that house restaurants and residential spaces, adorned with colorful murals. Residents have access to cultural and entertainment venues, including the historic South Main District and Beale Street, known for its contributions to Rock n Roll and Blues music. The neighborhood offers a mix of rental apartments and a few condominiums, such as Claridge House and Waterford Plaza, with amenities like secured entry and rooftop decks. There are numerous things to do in Downtown Memphis, from attending events like the World Championship Barbecue Cooking Contest to enjoying community activities at local parks. Monthly South Main Trolley Nights bring live music and open houses to Main Street. Cultural centers, including the National Civil Rights Museum and the Stax Museum of American Soul Music, offer exhibitions and workshops. Dining options range from barbecue joints like Blues City Café to upscale restaurants like The Majestic Grille. Residents can shop at the farmers market, City Market, and Walgreens, with larger stores like Kroger nearby. Outdoor activities include walking along Tom Lee Park and kayaking at Mud Island Park. Public transit is available through the Memphis Area Transit Authority, and Memphis International Airport is about 11 miles away. Environmental cleanup efforts are addressing past contamination issues.

Home Trends in Downtown Memphis, TN

Housing Trends

Median Sale Price
$140,000
Median Single Family Sale Price
$254,400
Median Townhouse Sale Price
$485,000
Median 2 Bedroom Sale Price
$267,000
Median 1 Bedroom Sale Price
$128,000
Average Price Per Sq Ft
$199
Number of Homes for Sale
42
Last 12 months Home Sales
27
Months of Supply
18.70
Median List Price
$199,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-38%
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