$271,087Average Value$211Average Price per Sq Ft32Homes For Sale
City living with waterfront views in Downtown Memphis
The urban air of downtown Memphis fills with blues and rock music and the aroma of small coffee shops as residents walk past buildings marked with colorful murals. Revitalized historic buildings now host restaurants or are adapted to residential living, and locals enjoy an array of cultural and entertainment venues right at home. Bordering the Mississippi River, Downtown Memphis is home to the historic South Main District and the lively Beale Street, which is the iconic birthplace of Rock n Roll and a significant home of Blues music.
The Hernando de Soto Bridge connects Downtown Memphis with Arkansas.
Beale Street in Downtown Memphis is one of Memphis' most popular tourist attractions.
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Condominiums in historic pre-war buildings at Downtown Memphis
While many apartment buildings are for renters, there are a handful of condominiums in downtown, including Claridge House, the D.T. Porter Building, The Shrine Building, Waterford Plaza and Goodwyn Condominiums, to name a few. Listing between $100,000 and $350,000 with one or two bedrooms, these historic pre-war buildings often come with amenities such as secured entry, rooftop decks and city or river views.
Most housing options in Downtown Memphis consist of condos such as Claridge House.
The D.T. Porter building is a historic building in Downtown Memphis made up of condos.
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Restaurants along Beale Street and Main Street
Downtown Memphis has many well-known restaurants along Main Street and Beale Street, including Blues City Café and B.B. King's Blues Club, which are popular barbeque joints with live blues music. “Locals go to Beale Street just to walk through the nightlife and restaurants; even if it’s touristy, it still has a good vibe,” says Mike Parker, local real estate expert with The Firm. Those who prefer a more upscale experience can make a reservation at The Majestic Grille, which used to be a theater venue and features steakhouse classics, and the establishment still runs films on the background screen. Additional options include Charlie Vergos' Rendezvous and Flight Restaurant and Wine Bar. “Bardog Tavern is a really popular watering hole. It’s regionally famous but not touristy; it’s a local joint,” Parker says. Residents can shop for groceries at the farmers market every weekend, or go to City Market and Walgreens for everyday needs. Kroger is at Midtown Shopping Center, and Target is about 10 miles away.
Memphis is known as the home of the blues and B.B. King's on Beale carries on that tradition.
The Majestic Grille is an upscale restaurant in Downtown Memphis.
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Festivals in Memphis
Memphis is home to a variety of events throughout the year, including the World Championship Barbecue Cooking Contest, the RiverBeat Music Festival, the Mid-South Pride Parade & Festival on Beale Street and RiverArts Fest. Area parks also organize community events such as free dance classes, fire-pit Fridays and “Soulin’ on the River” live concerts. Each month, the South Main Trolley Night takes place along Main Street, featuring open houses at shops and museums, live music and festivities. Residents may also go to the Orpheum Theater and the Cannon Center for the Performing Arts and see Broadway shows and concerts. Cultural centers, including the National Civil Rights Museum, the Stax Museum of American Soul Music and the Withers Collection Art Museum have exhibitions and workshops to fill peoples’ calendar. Sports enthusiasts can catch a game at Autozone Park or at the FedexForum, and families can go to the Memphis Zoo.
The Orpheum Theatre is Listed on the National Register of Historic Places
The FedEx Forum is located in Downtown Memphis just off Beale Street.
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Parks around Downtown Memphis
The riverfront Tom Lee Park offers a walking path that overlooks the Mississippi River, and residents can kayak at Mud Island Park. Locals can catch a minor league baseball game at Auto Zone Park, while children can head to the play area at Mississippi River Park. Overlooking Wolf River Harbor, residents can enjoy the waterfront sunset at Fourth Bluff Park and Mississippi River Park. Court Square Park is “a beautiful city park with a huge fountain in the middle of it. They do a food-truck rodeo every Thursday, so a lot of people walk to that area on Thursday for lunch,” Parker says.
Robert Church Park is named in honor of the black community leader and entrepreneur.
River Park Lies on the Banks of the Mighty Mississippi River
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Shelby County Schools
Young students may attend Downtown Elementary School, which has a C-minus Niche rating. Bellevue Middle School and Booker T. Washington High School both have a C score. Washington High encourages student engagement with programs like Library and Literacy, Future Business Leaders of America (FBLA), and the theater club.
Downtown Elementary School Fosters a Focus on Social Studies
Booker T. Washington High School in South City is steep in history dating back to 1926.
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Transportation and things to know
Memphis International Airport is about 11 miles away via Interstate 69, and Little Rock, Arkansas is approximately 138 miles west by Interstate 40. Regional One Health is 1.5 miles east of the downtown area, and those who prefer to utilize public transit may take Memphis Area Transit Authoritiy’s bus system to navigate the city. Located 7 miles east, a former dry cleaner site led to soil, air and groundwater contamination in the area, and is now being cleaned up by the United States Environmental Protection Agency. According to the Cap Index, the city also has a crime score of 10, which is higher than the national average of 4.
The Hernando de Soto Bridge connects Downtown Memphis with Arkansas.
Ride the Rail on a Trolley Which First Appeared in Memphis in 1895
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Christopher Lucas,
an experienced agent in this neighborhood.
Parks in this Area
Robert Church Park
Picnic Area
Trails
Playground
Fourth Bluff
Picnic Area
Trails
River
MLK Reflection Park
Picnic Area
Events
Mississippi River Park
Picnic Area
Trails
Playground
Handy Park
Events
Concessions
The Barking Lot Dog Park
Dog Park
Court Square
Picnic Area
Trails
Transit
Airport
Memphis International
15 min drive
Bus
Vance & Fourth
Bus
Fourth & Crump
Bus
Third & Court
Bus
Union & Fourth
Bus
Beale-Main & Tro Nb
Bus
Civic Ctr-Main & Tro Sb
Bus
Third & Vance
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Memphis
US
Homicide
10
4
Sexual Assault
9
4
Assault with Weapon
10
4
Robbery
9
4
Burglary
9
4
Motor Vehicle Theft
10
4
Larceny
9
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Downtown Memphis, Memphis sell after 87 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Memphis, Memphis over the last 12 months is $175,166, down 30% from the average home sale price over the previous 12 months.
Long term rentals are allowed. Discover downtown living at its finest in this stunning 3-story condo at River Row, located on Front Street just steps from the river, downtown restaurants, and both the Redbirds stadium and FedEx Forum. As you enter, you're greeted by the soaring ceilings, beautiful hardwood floors, and a striking skylight that fills the space with natural light. The main level
Discover the vibrant heart of Memphis with this charming downtown apartment, boasting 2beds/2baths. Enjoy the serenity under a stunning skylight, or venture out to explore nearby attractions like Court Square & the National Civil Rights Museum. Ideal for savvy investors, this property is generating a healthy $3500 monthly from short-term rental bookings. Considering owner financing? Let's talk!
Stunning 2-Story Condo in the Historic Claridge House – 109 N Main St 6 months paid HOA w/ac Step into luxury with this magazine-worthy 2-story condo in the iconic Claridge House! Perfectly blending historic charm with modern elegance, this 2-bedroom, 2.5-bath residence is utterly amazing in every detail. Designed for both comfort and style, the chef’s kitchen is a masterpiece, featuring
This beautiful 2 bd/2 ba condo overlooking the Mississippi River w/bridge views offers a lifestyle that's second to none.Thoughtfully designed w/ custom built-ins in every rm, you'll enjoy smart storage solutions & stylish touches throughout. Enjoy granite counters & classic shaker cabinets in every space. Kitchen is equipped w/ SS appliances, a Sub-Zero refrigerator, wine fridge, mini fridge, &
The Peabody Collection offers a unique apartment experience. Our three distinct properties, Pembroke Square, Gayoso House and 50 Peabody Place each offer a unique experience tailored to different lifestyles. From the quiet elegance of Pembroke Square to the vibrant energy of Gayoso House, you'll find the perfect downtown home within the Peabody Collection.
AVAILABLE TODAY! INCLUDES PARKING! Downtown condo located in the historic Claridge House within 3 minutes of U of M School of Law and UT Health Science Center. Conveniently located on the trolley line, downstairs coffee shop on main floor. Secured access to building. Exclusive amenities such as a rooftop deck with 2 grills and breathtaking river views, indoor pool and hot tub or stay active in
Your home says a lot about you. At Uptown Square you get to choose from a variety of floor plans that offer historic character, downtown living, prestige, and family appeal.Uptown Square has something for everyone, and if you want to be a part of something dramatically different, you should know that everything old here is new again - move in now and get back in style.
Interested in learning more about homes in this area?
Reach out to
Christopher Lucas,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
7,214
Median Age
38
Population Density
12 ppl/acre
Population under 18
13.3%
Below the national average
23.8%
Population over 65
10.2%
Below the national average
19.1%
Finances
Median Household Income
$57,078
Significantly below the national average
$71,702
Average Household Income
$78,152
Education and Workforce
High School Graduates
86.1%
College Graduates
38.9%
On par with the national average
34.1%
Advanced Degrees
15.6%
% Population in Labor Force
45.8%
Below the national average
65.1%
Weather
Annual Precipitation
55''
Average Winter Low Temperature
34°F
Average Summer High Temperature
92°F
Annual Snowfall
4''
Area Factors
Very Bikeable
Bike Score®
87/ 100
Walker's Paradise
Walk Score®
92/ 100
Good Transit
Transit Score®
50/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
