$274,900
$10K PRICE DROP

127 Madison Ave Unit 602 Memphis, TN 38103

Downtown Memphis Neighborhood

Estimated payment $1,606/month

Total Views 11,653
2 Beds
2 Baths
1,400-1,599 Sq Ft
$172 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Great Room
  • Double Pane Windows
  • Wood Flooring
  • Community Pool
  • 2-minute walk to Court Square

About This Home

This beautifully maintained 2-bedroom, 2-bath condo offers the perfect blend of classic charm and modern elegance. Located in the heart of downtown Memphis, this unit features high ceilings, hardwood floors, and large windows that fill the space with natural light. The open-concept layout is perfect for entertaining, and the kitchen is equipped with stainless steel appliances, granite countertops, and a breakfast bar. Enjoy breathtaking views from the building’s rooftop terrace — overlooking the Mississippi River, the historic Peabody Hotel, and even a glimpse of AutoZone Park. Whether you're sipping morning coffee or watching the sunset, the views are unbeatable.

Listing Agent

Mary Wardlaw

Keller Williams License #335276 Listed on: 06/18/2025

Keller Williams

Co-Listing Agent

Mike Anderson

Keller Williams License #294508

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1908

Parking

  • On-Site Parking for Rent

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,500 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Double Pane Windows
  • Great Room
  • Wood Flooring
  • Kitchen Island
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • $794 Maintenance Fee
  • High-Rise Condominium
  • Goodwyn Community
  • Goodwyn Condominiums Subdivision

Amenities

  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • MAAR Subdivision Name: GOODWYN CONDOMINIUMS 3RD AMEND
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1500
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Island In Kitchen, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Courtyard
  • Exterior Windows: Double Pane Window(s)
  • Pool Description: Neighborhood

Garage/Parking

  • Parking Storage: Rent Parking Space

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Hot Tub, Courtyard, On-Site Storage
  • Condominium Association: Yes
  • Condominium Name: Goodwyn

Fee Information

  • Monthly Maintenance Fee: 794

Lot Info

  • Geo Subdivision: TN

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,963 $85,875 $1,125 $84,750
2024 $1,963 $57,900 $1,125 $56,775
2023 $3,527 $57,900 $1,125 $56,775
2022 $3,527 $57,900 $1,125 $56,775
2021 $3,568 $57,900 $1,125 $56,775
2020 $3,806 $52,525 $1,125 $51,400
2019 $3,806 $52,525 $1,125 $51,400
2018 $3,806 $52,525 $1,125 $51,400
2017 $2,159 $52,525 $1,125 $51,400
2016 $2,300 $52,625 $0 $0
2014 $2,300 $52,625 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2025 07/26/25 Price Changed $274,900 -3.5% $196 / Sq Ft
06/18/2025 06/18/25 For Sale $285,000 -- $204 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $185,000 None Available
Trustee Deed $4,500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $148,000 New Conventional
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10199280

Memphis Area Association of REALTORS®

APN: 00-2058-A0-0010

Tennessee Shelby County Memphis 38103 Downtown Memphis

127 Madison Ave Unit 602, Memphis, TN

For Sale

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Nearby Homes
Listing Agent
Mary Wardlaw
Section Image
Keller Williams
(901) 403-7867