The Exchange Building, completed in 1910 and listed in the National Register of Historic Places, was refitted in 1996 to house 202 attractive efficiencies, one and two bedroom apartments, penthouses, and handicap equipped units. While the building has undergone a series of renovations, every effort has been made to preserve its historic features, such as the original mosaic tiles, an early-1900’s era Tennessee marble staircase, the elaborate plasterwork, and the granite surfaces. The towering marble ceilings of the lobby exude the elegance of downtown living.
Located in the heart of the Downtown Neighborhood – near the nightlife, restaurants, and shopping – our apartments are the ideal home base for exploring the city. Living in a 19-story skyscraper allows a breathtaking view of the Mississippi River. Walk outside and explore the rich, dense neighborhood. Fine dining is offered within blocks at renowned restaurants such as Rendezvous!, The Majestic Grille, or Flights. Enjoy a pint at the neighborhood Irish pub, The Brass Door, or make the three-minute drive to Beale Street and relish in its famous bars such as Silky O’Sullivans, Alfred’s, or Bardog Tavern. You could also take the trolley to Beale St, to the Pyramid, or around the downtown area, since there is a trolley stop a block away.
The apartments provide a homey feel with a luxurious touch and high-quality amenities. Several of the units located on the higher floors provide our residents a spectacular view. Units come with a kitchen, fully equipped with refrigerator, microwave, oven/stove, pots/pans, and dishes. The Management office on the first floor is ready to assist you during business hours, and, as many of my residents already know, I am always just a phone call away. A laundry room with coin-operated machines and a gym on the top floor are easily accessible through the three elevators.
There are public metered spots all around the building. If metered parking is not available, there is a nearby parking garage (1 block away) available for a fee. Note that these prices are non-negotiable since the garage is operated by a separate business.
Situated at an unbeatable location with competitive pricing, our apartments are a click away from becoming your future home or weekend getaway. Let yourself be inspired by the view and invigorated by the bustling and lively neighborhood. Rest up in our comfortable abodes and make sure to spend enough time exploring the giant playground that is the City of Memphis. Come home and enjoy the many amenities, such as the laundry room and the gym, and the luxurious construction and styling of The Exchange Building Apartments.
I was born in Uzbekistan and raised in Memphis. I'm the middle child, with 2 older brothers and 2 younger sisters. I've been fortunate to travel the world in my early years and learned a lot about the different cultures around the world. I enjoy learning about geopolitical history, architecture, and technological advancements that benefit the myriad societies around the globe. To me, Memphis is an exciting city that competes with the great cities of the world as a worthwhile stop for play and leisure. Allow me to host you in my apartments, located in the historic Exchange Building in downtown Memphis.
Naira purchased this apartment in 2010
The Exchange Building, completed in 1910, once housed the Cotton and Merchant Exchanges where fortunes were won and lost. Today, the revitalized Exchange Building consist of 202 attractive efficiencies, one and two bedroom apartments, penthouses, and handicap equipped units. With it's elegantly arched windows, marble walls and floors, the Exchange Building rises 19 stories above the mighty Mississippi River, providing spectacular views. The beautiful lobby with its high, decorative ceiling gives this historical landmark the elegance of downtown living at affordable prices. Come be a part of the luxurious and affordable Exchange Building Apartments.
Walking distance to everything in downtown. Located on the Trolley Line. 3 blocks from Mississippi River, 3 blocks from Beale St.
I was happy! It's more room and a better value than other low-price options in the area. Some of my friends were staying at the Peabody for 3x the price and they were complaining about tiny bathrooms– I was perfectly happy with the perfectly normal sized bathroom here. The place was clean and the furnishings were basic. Don't expect a glamorous place, but it was comfortable and in a good location. There were no towels, but I asked the front desk and they provided me with some. I also messaged the owner on the app telling her about the towel issue, and she had someone bring extra towels even after I said I had gotten some. Some of the other reviewers are being dramatic. The place is fine.
Was able to walk to everything downtown. Helpful and courteous staff. Unit was not stocked very well - no glasses - two coffee cups - one plate - room was clean, on the 6th floor and you could hear all the late night traffic noise. Overall good room for price.
Booked this property for a weekend getaway for my husband's birthday. This is the perfect place to stay in downtown Memphis. Walking distance from Beale St. The pictures on this site do not do this place any justice. We stayed on the 18th floor and the view of the city was spectacular. The apartment was beautifully decorated and had lovely high ceilings. The bed was very comfortable. The full kitchen was great. There is no dedicated parking, but there is a parking garage right beside the building for $8.00 per day. Much cheaper than parking in many downtown cities i've been to. The building is older, but well maintained and the staff was very friendly. Memphis is a quick getaway for us and we will definitely be coming back. There was not one thing about our stay here that we did not enjoy!
I read the other reviews of the property, but I liked the location. I was pleasantly surprised! Everything about the apartment was very nice. It was absolutely perfect, and I'll definitely stay there again!
I have stayed at many VRBO/Homeaway properties and this was easily the worst ever. Even worse than the ace that had cockroaches and geckos
No heat or AC. The unit simply did not work , made a lot of noise but provided neither heat or cold. 2nd and 3rd nights were cold and ended up wearing clothes to bed and put my winter coat over the blankets.
Used the open oven to take the chill off in the mornings
Worst linens and towels ever seen. In fact, I asked a friend in Memphis to loan me a blanket and towels and she did.
No Kleenex in the unit
No coffee or spices(not even salt and pepper)
Bought coffee and the provided filters were not the right size
No broom and dust pan
Wi Fi could not keep up when building was busy
Tired flat pillows
Bed was barely adequate
Everything in the unit was the cheapest stuff you can find from cutlery to furniture
I was here a week, handed written notice to management about these issues on day 3 and nothing was done about any of it.
The location was good
Unfortunately we did not have the greatest experience in this unit. We arrived during a heat wave and were not aware the unit had only a portable (standalone) air conditioner. It was unable to cool the apartment the entire weekend. The air conditioner's exhaust was connected to the window and they used wire tape to seal it however some of the tape was peeling off allowing for air from the outside to enter the unit. The shower head had extremely poor water pressure. The Wifi password never worked, the cable was limited to about 8 channels and the entry to the condo was extremely difficult. The lock did not work well and we had to play with the key every time to open the door. Similar to the previous reviews, the building seems to be under repairs or patching up, it’s an old building. The elevators were either being worked on or are falling apart. The elevators were extremely warm and when we arrived to our floor, the hallway was even hotter and with a very uncomfortable smell. These details would have been nice to know in advance. We were not happy with our rental experience.
Located in the heart of the Downtown Neighborhood – near the nightlife, restaurants, and shopping – our apartment is the ideal home base for exploring the city. Living in a 19-story skyscraper allows a breathtaking view of the Mississippi River. Walk outside and explore the rich, dense neighborhood. Fine dining is offered within blocks at renowned restaurants such as Rendezvous!, The Majestic Grille, or Flights. Enjoy a pint at the neighborhood Irish pub, The Brass Door, or make the three-minute drive to Beale Street and relish in its famous bars such as Silky O’Sullivans, Alfred’s, or Bardog Tavern. You could also take the trolley to Beale St, to the Pyramid, or around the downtown area, since there is a trolley stop a block away.
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My Standard Rate
1 night minimum stay
There are public metered spots all around the building. Since parking is not always available, we provide parking passes for secured garage (1 block away) at the price of $10/day. Note that these prices are non-negotiable since the garage is operated by a separate business. Parking passes must be returned upon checkout.
**Rates are subject to change prior to confirmation of reservation*
* Approximate monthly rate. Actual rate will depend on the days of the month you stay.