Experience premier Downtown Memphis condo living in the highly desirable River Towers, one of the city’s most iconic high-rise buildings. This fully updated 1 bedroom, 1 bathroom condo features fresh paint, new floors, granite in kitchen and a functional open layout designed for effortless living. A spacious private balcony offers incredible views and the perfect space to relax or entertain. The unit comes partially furnished, making it truly move-in ready. River Towers provides exceptional resort-style amenities including a gated and secured entrance, 24/7 on-site security guard, fitness center, swimming pool, tennis court, and beautifully maintained grounds. Located just minutes from the Mississippi River, South Main Arts District, Beale Street, Orpheum Theatre, restaurants, shops, and entertainment, this condo delivers unmatched walkability and urban convenience. A rare opportunity to own a turn-key condo in the heart of Downtown Memphis with luxury amenities and timeless appeal!
For sale
Price cut: $8K (3/3)
$199,000
655 Riverside Dr APT 708A, Memphis, TN 38103
1beds
906sqft
Est.:
Condominium
Built in 1961
-- sqft lot
$193,500 Zestimate®
$220/sqft
$-- HOA
What's special
Spacious private balconyGated and secured entranceBeautifully maintained groundsFresh paintIncredible viewsFunctional open layoutGranite in kitchen
- 140 days |
- 272 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: March 03, 2026 at 12:03pm
Listed by:
Pam Beall,
Crye-Leike, Inc., REALTORS 901-766-9004,
Brad Beall,
Crye-Leike, Inc., REALTORS
Source: MAAR,MLS#: 10209829
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-In Cabinets/Bkcases, Smooth Ceiling
- Area: 156
- Dimensions: 12 x 13
Primary bathroom
- Features: Smooth Ceiling, Tile Floor
Dining room
- Dimensions: 0 x 0
Kitchen
- Features: Breakfast Bar, Eat-in Kitchen, Updated/Renovated Kitchen
Living room
- Area: 252
- Dimensions: 12 x 21
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range/Oven, Refrigerator
- Laundry: Laundry Closet
Features
- Renovated Bathroom, Smooth Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Tile, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 906 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Guest, Gated
- Covered spaces: 1
Features
- Stories: 1
- Exterior features: B-B-Q Pit, Tennis Court(s), Balcony
- Pool features: Community, Neighborhood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
Details
- Parcel number: 002086 B00075
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Gated, Recreation Facilities, Tennis Court(s), Nbrhd Recreation Facility, Clubhouse w/ Kitchen, Fitness Center
- Security: Full Time Guard Service, Security Gate, Gated with Guard
- Subdivision: River Tower At South Bluffs, A Condomin
HOA
- Services included: Exterior Insurance, Maintenance Structure, Maintenance Grounds, Management Fees, Reserve Fund, Some Utilities, Trash, Water/Sewer
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $180,600
- Annual tax amount: $2,211
- Price range: $199K - $199K
- Date on market: 11/15/2025
- Cumulative days on market: 141 days
- Listing terms: Conventional
Estimated market value
$193,500
$184,000 - $203,000
$1,452/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Price change | $199,000-3.9%$220/sqft |
Source:  MAAR #10209829 Report a problem | ||
| 12/8/2025 | Price change | $207,000-2.4%$228/sqft |
Source: MAAR #10209829 Report a problem | ||
| 11/15/2025 | Listed for sale | $212,000+11.6%$234/sqft |
Source: MAAR #10209829 Report a problem | ||
| 4/8/2022 | Sold | $190,000+25%$210/sqft |
Source: Public Record Report a problem | ||
| 9/24/2007 | Sold | $152,000$168/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,380 +7.6% | $45,150 +34.5% |
| 2024 | $2,211 +8.1% | $33,575 |
| 2023 | $2,045 | $33,575 |
| 2022 | -- | $33,575 |
| 2021 | -- | $33,575 +12.2% |
| 2020 | $956 | $29,925 |
| 2019 | $956 -21.1% | $29,925 |
| 2018 | $1,212 -45.1% | $29,925 |
| 2017 | $2,209 +128% | $29,925 +5% |
| 2016 | $969 +12.5% | $28,500 |
| 2014 | $861 | $28,500 |
| 2013 | -- | $28,500 +5.6% |
| 2012 | -- | $27,000 |
| 2011 | -- | $27,000 |
| 2010 | -- | $27,000 -53.8% |
| 2009 | -- | $58,500 +62.5% |
| 2008 | -- | $36,000 |
| 2007 | -- | $36,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,174/mo
Principal & interest
$1015
Property taxes
$159
More affordability tools
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 3/10B T Washington High SchoolGrades: 6-12Distance: 1.3 mi
Local experts in 38103
- Tennessee
- Shelby County
- Memphis
- 38103
- Downtown
- 655 Riverside Dr Apartment 708A
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