5+ Days Ago
Location
128 Adams Ave, Memphis, TN 38103, USA
Tour 128 Adams Ave
Contact
Pinnacle Realty
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Property Overview
Located in a prime area, this property benefits from proximity to top-rated educational institutions, with an elementary school just 0.32 miles away and a high school 1.03 miles distant. The environment is conducive to sustainability, featuring nearby public transit and walkability, complemented by 49 parks and 245 restaurants within a mile, making it an appealing choice for those seeking an active social life.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Middle school nearby
Great for
Social life
Eco living
Policies and fees
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About 128 Adams Ave
Property Status: Active We are please to present this rare massive Build to Suit Mixed-Used property located conveniently in the heart of Downtown Memphis. Features 107,000 Sq Ft of space, 5 Stories and a Basement. Zoning is CDB which is a multi-use purpose building, can be used for Retail, Office, Industrial/Warehouse or Apartment. In a high traffic location with gorgeous views of the beautiful Mississippi River. Build to Suit! Perfect for Retail or Professional Service company to expand in the prime location of Memphis! Office Phone: (901) 707-7700 Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 128 Adams Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 0.1 mile away
Address details
| Zip code | 38103 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Memphis
studio apartments at 128 Adams Ave cost about 740% more than the average rent price for studio apartments in Memphis.
Median rents as of Nov 1 2025.
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $650 |
| December 2023 | $650 |
| January 2024 | $650 |
| February 2024 | $650 |
| March 2024 | $650 |
| April 2024 | $705 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,190 |
Affordability calculator
Can I afford to live at 128 Adams Ave?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$400,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $400,000 annually to afford this studio monthly rent price of $10,000.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 8 months ago | $10,000 |
Schools near 128 Adams Ave
Downtown Elementary School
10 n 4th st
memphis, TN, 38103
PK, K-5Public
C
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 128 Adams Ave
Getting around Memphis near 128 Adams Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 128 Adams Ave, Memphis
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
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