$485,000
$25K PRICE DROP

406 E Pontotoc Ave Memphis, TN 38126

Downtown Memphis Neighborhood

Estimated payment $2,872/month

Total Views 5,088
4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$173 Price per Sq Ft

Highlights

  • Landscaped Professionally
  • Den with Fireplace
  • Main Floor Primary Bedroom
  • Contemporary Architecture
  • Wood Flooring
  • Loft

About This Home

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 features 4 spacious bedrooms, 2.5 baths, and a private 2-car garage. The open-concept kitchen boasts custom cabinetry, sleek quartz countertops, and high-end finishes throughout. Enjoy rich wood, tile, and polished concrete flooring that add warmth and character to every level. The luxury primary suite includes a spa-inspired bathroom complete with a soaking tub and a walk-through glass shower. An additional flex space on the rooftop level is perfect for an entertainment area. Don’t miss your chance to own a slice of upscale downtown living in this one-of-a-kind development!

Listing Agent

Donnie Morrow

eXp Realty, LLC License #327348 Listed on: 06/09/2025

eXp Realty, LLC

Co-Listing Agent

Allison Ogilvie

eXp Realty, LLC License #305186

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 2022

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 24.5 x 52.3
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,670 Sq Ft Home
  • 4-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den with Fireplace
  • Loft
  • Security Gate
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, management fees
  • Pontotoc Turley West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005013 B00002

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,458

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: Town House
  • MLS Map #: 745E
  • MAAR Subdivision Name: PONTOTOC-TURLEY WEST
  • Condo: Yes
  • Number Of Stories: 4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2670
  • Year Built: 2022
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Cooktop, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Island In Kitchen
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Balcony, Wood Fence, Sidewalks
  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gate Clickers, On-Street Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Security Gate

Association/Amenities

  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Management Fees
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Description: Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 2
  • Acreage: 0.03
  • Lot Size: 24.5 X 52.3
  • Price Per Acre: 16166667
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 005013 B00002

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,458 $135,825 $26,250 $109,575
2024 $2,924 $108,225 $14,975 $93,250
2023 $6,593 $108,225 $14,975 $93,250
2022 $1,400 $22,975 $14,975 $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $485,000 -4.9% $187 / Sq Ft
06/09/2025 06/09/25 For Sale $510,000 -7.1% $196 / Sq Ft
12/29/2022 12/29/22 Sold $549,000 0.0% $196 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $549,000 0.0% $196 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $549,000 -- $196 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $549,000 Saddle Creek Title
Quit Claim Deed -- Saddle Creek Title
Quit Claim Deed -- Summit Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,650 Credit Line Revolving
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10198583

Memphis Area Association of REALTORS®

APN: 00-5013-B0-0002

Tennessee Shelby County Memphis 38126 Downtown Memphis

406 E Pontotoc Ave, Memphis, TN

This home is located at 406 E Pontotoc Ave, Memphis, TN 38126 and is currently priced at $485,000, approximately $173 per square foot. This property was built in 2022. 406 E Pontotoc Ave is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Southwest Early College High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes
Donnie Morrow
Listing Agent
Donnie Morrow
Section Image
eXp Realty, LLC
(901) 499-3074