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    655 Riverside Dr, Unit 206 Memphis, TN 38103

    For Sale
    $335,000

    Exclusive condo with stunning views and comprehensive amenities in Memphis.

    Building Details

    Year built
    1975

    Source: Keller Williams Realty Memphis Central Agent John Cornes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Memphis Condo with Amenities

    Located in Downtown Memphis, this condo at the River Tower at South Bluffs features an open floorplan with granite countertops and custom cabinetry. The living room and dining room combination offers over 560 square feet of space. Each bedroom is spacious and provides private access to the balcony. The homeowner's association covers all utilities. Amenities include gated and secured parking, 24-hour concierge and guard service, a pool, a club room, and a tennis and pickleball court. The property is located within walking distance of downtown festivals, events, and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    River Tower at South ... Condominium Complex The Sullivan Agency Modeling Agency Kathleen Stern Ophthalmologist

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0671224
    Latitude
    35.1292653

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    FAQs

    What type of property is this?
    Apartment building - Exclusive condo with stunning views and comprehensive amenities in Memphis.
    Where is this apartment building located?
    The property is located at 655 Riverside Dr, Unit 206 Memphis, TN.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - HOA covers ALL utilities (no MLGW bills).; - Nearly 2,000 SF of living space in an exclusive Downtown Memphis condo.; - Gated & secured parking with 24-hour concierge/guard.
    (901) 268-8333
    Request Owner's contact information
    655 Riverside Dr, Unit 206 Memphis, TN 38103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    655 Riverside Dr, Unit 206 Memphis, TN 38103
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