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Luxury Midtown Apartment Property
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45 S Idlewild St, Memphis, TN 38104

Renovated 10-story apartment building in trendy Midtown Memphis.

Property SizeContact for details
Days on Market171

Property Features for 45 S Idlewild St

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1966
Year Renovated 2022
Buildings 1
Stories 10
Units 122
Listing Agency: Woodyard Realty Corporation
Listed By: Lea Heilig · License #TN 291983
Source: Crexi
Added: Mar 5 Changed: Aug 20 Last Checked: Aug 23 at 11:27AM

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 Woodyard Realty Corporation

Investment Insights

Based on property information with market context.

Idlewild 45 is a 10-story luxury apartment property located in the heart of the trendy and upscale Midtown Memphis neighborhood, minutes from the Core Business & Medical Districts. Situated one block north of Union Avenue, the most traveled thoroughfare in the area linking Downtown, The Medical District, Midtown, the University Area, and East Memphis, the property benefits from exposure and access to jobs and entertainment centers. The property has recently undergone a multi-million dollar renovation. Unit interior features include luxury finishes, walk-in closets, and balconies. The gated property has controlled access, a resort-style pool, a dog wash station and dog park, a 24-hour fitness center, city views, a lounge, a yoga room, a business center, a sundeck, a coffee & tea bar, an on-site laundry facility, and a billiards room. The ground floor features new flooring throughout. There is significant increased income potential achieved by improving operations and pushing occupancy to the stabilized market rate. Idlewild 45 is lender owned and operated. Below market debt options are available.

Key Highlights

  • Prime location in trendy Midtown Memphis, near business and medical districts.
  • Multi‑million dollar renovation with luxury finishes and walk‑in closets.
  • Enjoy the resort‑style pool, dog park/wash, and 24‑hour fitness center.

Property Analytics

Current Use

Idlewild 45 Apartment Complex Puja’s kitchen Restaurant Harrison Tree Services Landscaping

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

1,569
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated 10-story apartment building in trendy Midtown Memphis.
Where is this apartment building located?
The property is located at 45 S Idlewild St Memphis, TN.
What are key features of this property?
This property features: Prime location in trendy Midtown Memphis, near business and medical districts.; Multi‑million dollar renovation with luxury finishes and walk‑in closets.; Enjoy the resort‑style pool, dog park/wash, and 24‑hour fitness center.
(901) 767-1998 Call to check price and availability
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