Crye-Leike Commercial is pleased to present 40 S. Idlewild Avenue, a distinctive freestanding office property in the heart of Midtown Memphis. Offering approximately 3,381 square feet, this unique property combines the charm and architectural character of historic Midtown with the functionality of a professional office environment. Originally constructed in 1912 and subsequently renovated for office use, the building offers a refreshing alternative to the traditional office setting. From its welcoming covered front porch and classic architectural details to its impressive dedicated rear parking lot, 40 S. Idlewild provides a professional setting with genuine personality. The property is well suited for an owner-user, professional services firm, creative office, boutique business, or investor seeking a recognizable address in one of Memphis' most established urban neighborhoods.
Details
MLS #
10230044
Listing Type
For Sale
Style
Office
Sub-Type
Resale
Status
Active
Year
1912
Days On Site
49
Listing Provided By
Crye-Leike Commercial | Eric Fuhrman
Features
Story(s)
3
Building(s)
1
Exterior
Roof
Composition Shingles
Foundation
Conventional/Crawl Space
Parking
Parking Facility
1-15 Spaces, Concrete
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38104
Area
Central Gardens
Subarea
746B
Community Name
IDLEWILD
Listing VS Median (in IDLEWILD)
Price: $399,000
low | high
Med: $0
On site: 49
low | high
Med:
Sourced by Back At You
Market Activity 38104
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 8
Avg $ Per SqFt: $
Min Sale Price: $70,000
Max Sale Price: $585,000
Med Sale Price: $254,950
Date: Jul 2026
Sales: 8
Avg $ Per SqFt: $
Min Sale Price: $64,900
Max Sale Price: $1,285,000
Med Sale Price: $287,500
Date: Jun 2026
Sales: 16
Avg $ Per SqFt: $
Min Sale Price: $46,000
Max Sale Price: $850,000
Med Sale Price: $245,000
Date: May 2026
Sales: 21
Avg $ Per SqFt: $
Min Sale Price: $25,000
Max Sale Price: $1,175,000
Med Sale Price: $329,000
Date: Apr 2026
Sales: 37
Avg $ Per SqFt: $
Min Sale Price: $40,000
Max Sale Price: $856,500
Med Sale Price: $285,000
Date: Mar 2026
Sales: 26
Avg $ Per SqFt: $
Min Sale Price: $140,000
Max Sale Price: $695,000
Med Sale Price: $333,525
Date: Feb 2026
Sales: 18
Avg $ Per SqFt: $170.12
Min Sale Price: $35,000
Max Sale Price: $620,000
Med Sale Price: $369,000
Date: Jan 2026
Sales: 16
Avg $ Per SqFt: $211.15
Min Sale Price: $140,000
Max Sale Price: $615,000
Med Sale Price: $281,198
Date: Dec 2025
Sales: 7
Avg $ Per SqFt: $197.52
Min Sale Price: $118,000
Max Sale Price: $475,000
Med Sale Price: $339,000
Date: Nov 2025
Sales: 20
Avg $ Per SqFt: $159.45
Min Sale Price: $57,000
Max Sale Price: $579,000
Med Sale Price: $282,000
Date: Oct 2025
Sales: 24
Avg $ Per SqFt: $154.78
Min Sale Price: $31,500
Max Sale Price: $800,000
Med Sale Price: $362,250
Sourced by Back At You
Aug 2026
Sales:
8
Avg $ Per SqFt:
$
Min Sale Price:
$70,000
Max Sale Price:
$585,000
Med Sale Price:
$254,950
Jul 2026
Sales:
8
Avg $ Per SqFt:
$
Min Sale Price:
$64,900
Max Sale Price:
$1,285,000
Med Sale Price:
$287,500
Jun 2026
Sales:
16
Avg $ Per SqFt:
$
Min Sale Price:
$46,000
Max Sale Price:
$850,000
Med Sale Price:
$245,000
May 2026
Sales:
21
Avg $ Per SqFt:
$
Min Sale Price:
$25,000
Max Sale Price:
$1,175,000
Med Sale Price:
$329,000
Apr 2026
Sales:
37
Avg $ Per SqFt:
$
Min Sale Price:
$40,000
Max Sale Price:
$856,500
Med Sale Price:
$285,000
Mar 2026
Sales:
26
Avg $ Per SqFt:
$
Min Sale Price:
$140,000
Max Sale Price:
$695,000
Med Sale Price:
$333,525
Feb 2026
Sales:
18
Avg $ Per SqFt:
$170.12
Min Sale Price:
$35,000
Max Sale Price:
$620,000
Med Sale Price:
$369,000
Jan 2026
Sales:
16
Avg $ Per SqFt:
$211.15
Min Sale Price:
$140,000
Max Sale Price:
$615,000
Med Sale Price:
$281,198
Dec 2025
Sales:
7
Avg $ Per SqFt:
$197.52
Min Sale Price:
$118,000
Max Sale Price:
$475,000
Med Sale Price:
$339,000
Nov 2025
Sales:
20
Avg $ Per SqFt:
$159.45
Min Sale Price:
$57,000
Max Sale Price:
$579,000
Med Sale Price:
$282,000
Oct 2025
Sales:
24
Avg $ Per SqFt:
$154.78
Min Sale Price:
$31,500
Max Sale Price:
$800,000
Med Sale Price:
$362,250
MLS Number: 10230044
Eric Fuhrman – (901) 262-2055 – eric.fuhrman@crye-leike.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.
MLS Number: 10230044
Eric Fuhrman – (901) 262-2055 – eric.fuhrman@crye-leike.com