339 Madison Ave, Memphis, TN, 38103
About This Home
Unlock the incredible potential of this one-of-a-kind Edge District gem! Perfectly positioned in the heart of both the Edge and Downtown Memphis, this expansive property offers endless possibilities for crafting a truly unique living space, creative studio, or dynamic business. Boasting over 10,000 sq. ft. of character and charm, the building features a full kitchen, 3 beds, 3.5 baths, soaring ceilings, and a spacious basement that opens the door to countless opportunities—from storage and workshops to entertainment or expansion space. The large rear loading area adds valuable functionality for commercial or mixed-use visions. The first floor has an excellent long-term tenant who would love to remain, offering built-in stability and immediate income. With its unbeatable location and limitless potential,this is your chance to make a bold statement and leave your mark on the vibrant Edge District and Downtown Memphis. Opportunities like this don’t come around often—seize it
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1923
Materials
- Roof: Other (See REMARKS)
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Dishwasher,Refrigerator,Washer,Dryer
- Laundry features: Laundry Room,Laundry Closet
Basement
- Area: 1320
Basement
- Has basement: Yes
- Basement: Crawl Space,Unfinished
Bedroom2
- Level: Second
- Area: 210
Bedroom3
- Level: Second
- Area: 182
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Den
- Area: 624
Dining Room
- Features: Separate Dining Room
- Area: 441
Features
- All Bedrooms Up,Primary Up,Split Bedroom Plan,Other (See Remarks),High Ceilings,Rear Stairs to Playroom,Kitchen,1 Bath,Laundry Room,Breakfast Room,Office,2 or More Baths,2nd Bedroom,3rd Bedroom,4th or More Bedrooms,Den/Great Room,Dining Room,Kitchen,Living Room,Primary Bedroom,Storage,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Window features: Window Treatments
- Flooring: Hardwood
- Attic: Permanent Stairs
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 10,021 sqft
Kitchen
- Features: Updated/Renovated Kitchen,Eat-in Kitchen,Washer/Dryer Connections,Keeping/Hearth Room
- Area: 154
Living Room
- Features: Separate Living Room,Separate Den
- Area: 528
Master Bedroom
- Level: Second
- Area: 210
Office
- Level: Second
Property
Details
- Parcel number: 005001 00008
Features
- Stories: 3
- Pool features: None
- Exterior features: Other (See REMARKS)
Lot
- Lot size: 3,712 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 25 x 148.5
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear,On Street
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,791 | $45,492 |
| Home Insurance | $532 | $6,384 |
| Property Taxes | $606 | $7,272 |
| Electricity | $814 | $9,770 |
| Total | $5,743 | $68,916 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Listed for sale | $749,900 |
| 2025-09-02 | Listing removed | $2,995 |
| 2025-06-25 | Listed for rent | $2,995 |
| 2025-06-12 | Listing removed | $2,995 |
| 2025-05-29 | Listed for rent | $2,995 |
| 2025-04-15 | Listing removed | $3,650 |
| 2025-03-20 | Price change | $3,650 |
| 2025-02-12 | Listed for rent | $3,495 |
| 2024-09-23 | Listing removed | $969,000 |
| 2024-08-27 | Price change | $969,000 |
| 2024-07-15 | Price change | $1,155,000 |
| 2024-03-01 | Price change | $1,195,000 |
| 2024-01-11 | Price change | $1,250,000 |
| 2023-10-30 | Price change | $1,395,000 |
| 2022-04-25 | Price change | $750,000 |
| 2022-03-26 | Pending sale | $799,000 |
| 2021-11-12 | Contingent | $799,000 |
| 2021-10-28 | Price change | $799,000 |
| 2021-10-19 | Listed for sale | $850,000 |
| 2021-10-13 | Contingent | $850,000 |
| 2021-10-01 | Listed for sale | $850,000 |
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