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Mixed-Use Property with Gated Parking
For Sale
$350,000

28 S Idlewild St, Memphis, TN 38104

Historic two-level property allows office and residential use with a full kitchen and secured rear parking.

Property Size3,092 SF
Price / SF$113.20
Days on Market27

Property Features for 28 S Idlewild St

General Information

Standard status Active
Size 3,092 SF
Total Parking Spaces 12

Building Details

Year Built 1925
Buildings 1
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Chris Garland · License #232993
Source: Bryanrealty
Added: Aug 14 Changed: Sep 8 Last Checked: Sep 7 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

Located at 28 S Idlewild St in Memphis, this RU-4-zoned mixed-use property contains 3,079 square feet and dates to 1910. The two-level layout includes four bedrooms and two full baths upstairs, while the lower level features 12-foot ceilings, a full kitchen, living room, and dining room. The existing configuration can accommodate four private offices upstairs, with the lower-level rooms suited to reception and conference functions as described in the property information.

A gated, fenced parking area at the rear provides space for 12 cars. The property sits between Union Avenue and Madison Avenue, on a street with several other office uses. Both office and residential use are identified for the location.

Key Highlights

  • 3,079‑square‑foot mixed‑use property built in 1910
  • RU‑4 zoning with office and residential use identified
  • Four upstairs bedrooms and two full baths

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Home Appliance Store HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic two-level property allows office and residential use with a full kitchen and secured rear parking.
Where is this mixed-use property located?
The property is located at 28 S Idlewild St Memphis, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,079‑square‑foot mixed‑use property built in 1910; RU‑4 zoning with office and residential use identified; Four upstairs bedrooms and two full baths
More about this property
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