$315,000 - $383,000
●
Townhouse -
Off Market
648 RIVERSIDE #321
Memphis, TN 38103
2 Beds
2 Baths
About This Property
Live across from Tom Lee Park! This CORNER unit condo is a giant
1,475 sf with 2 BR/ 2BA. Enjoy views from tall windows and 12' ceilings. The primary bedroom bath has separate whirlpool
tub/shower. Giant laundry room, granite kitchen, gas stove, all
appliances stay. Secure building with restricted chip access and
electric gates to first floor reserved parking. TWO parking spots,
dog park, and exercise room. Rooftop entertainment area. Move-in
ready!
Unit Size
-
Days on Market
-
Land Size
0.03 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$314
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2024 | No longer available | - | |
| No longer available | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Price Decreased |
$325,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Mar 15, 2024 | Price Decreased |
$328,900
↓ $100
(0%) | |
| Price Decreased | |||
| Feb 16, 2024 | Listed | $329,000 | |
| Listed | |||
| | |||
|
Luxury 2BR/2BA condo in downtown Memphis. Rare 3rd story end unit with abundant natural light & river skyline views from the balcony. Modern design, 2 gated assigned parking spots & on-site gym. Open kitchen, dining and living room with high ceilings throughout. Split floor plan separates two bedrooms, each with large walk-in closets. In unit laundry room. Short walk to Main St. bars, restaurants, Tom Lee Park, Big River Crossing. New floors & freshly painted walls this unit is move-in ready.
| |||
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Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2024
|
1 Bed
|
1 Bath
|
-
|
$235,000
1 Bed
1 Bath
|
-
-
|
Amanda Kirkman
KAIZEN Realty, LLC
| |
|
05/11/2024
|
2 Bed
|
2 Bath
|
-
|
$350,000
2 Bed
2 Bath
|
-
-
|
Natalie Murphy
MidSouth Residential, LLC
| |
|
04/05/2024
|
1 Bed
|
1 Bath
|
-
|
$247,500
1 Bed
1 Bath
|
-
-
|
Realis Sanders
Keller Williams
| |
|
12/06/2023
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
-
-
|
Bruce Johnson
mlsAssist
| |
|
10/05/2023
|
2 Bed
|
2 Bath
|
-
|
$395,000
2 Bed
2 Bath
|
-
-
|
Amanda Lott
Crye-Leike, Inc., REALTORS
| |
|
08/10/2023
|
2 Bed
|
2 Bath
|
-
|
$365,000
2 Bed
2 Bath
|
-
-
|
Logan Scheidt
Crye-Leike Memphis - Quail Hollow
| |
|
05/02/2023
|
2 Bed
|
2 Bath
|
-
|
$398,000
2 Bed
2 Bath
|
-
-
|
Richard Travers
Crye-Leike, Inc., REALTORS
| |
|
01/23/2023
| |
2 Bed
|
2 Bath
|
-
|
$359,900
2 Bed
2 Bath
|
-
-
|
Meagan Coscia
Crye-Leike Cordova
|
|
11/29/2022
|
1 Bed
|
1.5 Bath
|
-
|
$260,000
1 Bed
1.5 Bath
|
-
-
|
Carol Tate
Tate Realty and Construction
| |
|
01/19/2021
| |
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
-
-
|
-
|
|
04/28/2022
|
2 Bed
|
2 Bath
|
-
|
$335,000
2 Bed
2 Bath
|
-
-
|
S. Matt Wood
Chamberwood Realty Group
| |
|
07/16/2021
|
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
-
-
|
Michele Crump
Hobson, REALTORS
| |
|
06/26/2021
|
1 Bed
|
1 Bath
|
-
|
$218,000
1 Bed
1 Bath
|
-
-
|
Jodi Gibbs
901 Real Estate Services
| |
|
11/05/2020
|
2 Bed
|
2 Bath
|
-
|
$262,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/13/2021
|
3 Bed
|
2 Bath
|
-
|
$419,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
10/14/2020
|
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/31/2020
|
1 Bed
|
1 Bath
|
-
|
$194,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/18/2020
| |
1 Bed
|
1 Bath
|
-
|
$190,000
1 Bed
1 Bath
|
-
-
|
-
|
|
11/13/2019
|
3 Bed
|
2 Bath
|
-
|
$479,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
09/20/2019
|
1 Bed
|
1 Bath
|
-
|
$162,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/17/2019
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/24/2019
|
2 Bed
|
2 Bath
|
-
|
$255,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/05/2019
| |
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
-
-
|
-
|
|
07/25/2019
|
2 Bed
|
2 Bath
|
-
|
$325,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
07/10/2019
|
2 Bed
|
2 Bath
|
-
|
$259,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
04/12/2019
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/01/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
| |
|
10/14/2018
|
1 Bed
|
1 Bath
|
-
|
$174,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/14/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
07/30/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017