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Monthly Rent
$1,799
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
1,681 sq ft
Details
About This Property
This extra large 1 bedroom 1 bathroom condo is located at The Lofts in the desirable South Main Arts District. The main living area features extremely high ceilings with martini glass-shaped columns, as well as large windows for natural light. The open kitchen includes a breakfast bar, stainless steel appliances, granite countertops, sleek cabinetry, and lots of cool light fixtures. Upstairs, the lofted bedroom is carpeted and opens to one of several big closets, this one featuring custom shelving. The bathroom is conveniently located on the main floor and features a double sink vanity and soaking tub/shower combo. Washer/dryer included. Pet friendly! Unreserved parking in garage. The Lofts is located on Tennessee Street in downtown Memphis, close to restaurants, nightlife, shopping, and more. The controlled-access building offers its residents a fitness center and expansive rooftop deck with lap pool and overlooks of the city and river. SCHEDULE A SHOWING: Professionally managed by 901 Real Estate Services *Additional fees may apply. Please see below. Some photos may be virtually staged.* *Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by per pet; any fees associated with specific communities or buildings - please ask the Property Manager for more information.* **Avoid scams: We do not post our properties on Facebook Marketplace or Craigslist and will never ask you to pay anything through CashApp, Zelle, or Venmo.** Amenities: appliances included, carpeted bedroom(s), ceiling fan(s), concrete floors, custom closets with built ins, dishwasher, double sink vanity, dressing closet(s), electric range, fitness center, granite countertops, high ceilings, historic building, located downtown, located in south main district, lofted bedroom, microwave, refrigerator, rooftop deck, rooftop pool, stainless steel appliances, shower/tub combo, soaking tub, washer/dryer included
505 Tennessee St is a condo located in Shelby County and the 38103 ZIP Code.
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $1,799
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$708K - $1.26M Future Equity$317K Mortgage Interest Tax Deduction$60K - $613K Gain Net Return
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Condo Features
- Dishwasher
- Refrigerator
- Pool
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- Dogs Allowed
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Fees not specified
- Cats Allowed
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Fees not specified
- Dishwasher
- Refrigerator
- Pool
Downtown Memphis, also known as Downtown Riverside, rests along the banks of the mighty Mississippi River. Downtown Memphis is the city’s central business district, serving as an incubator for good ideas and great collaborations between established companies and rising startups.
History and entertainment abound in Downtown Mississippi, from the blues and soul clubs that line Beale Street to the powerful exhibits in the National Civil Rights Museum. The Rock n Soul Museum features interactive exhibits detailing the birth of rock and soul music while the Orpheum Theatre presents an array of musical and theatrical performances.
Downtown Memphis residents enjoy a broad range of cuisine, from down-home barbecue to Southern-inspired fine dining. The sense of community in Downtown Memphis is unparalleled, with plenty of cultural events bringing people together on a regular basis.
Learn more about living in Downtown MemphisColleges & Universities | Distance | ||
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Colleges & Universities | Distance | ||
Drive: | 4 min | 2.0 mi | |
Drive: | 5 min | 2.5 mi | |
Drive: | 11 min | 5.5 mi | |
Drive: | 11 min | 5.7 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources