1450 PEABODY AVE Memphis, TN ^$ 545,000

1450 PEABODY AVE

^$ 545,000

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1450 PEABODY AVE

Memphis, TN, 38104

^$ 545,000

Bedrooms2 Baths5.0 Sq 3,908

Monthly Estimate*

^$ 3,400

1450 PEABODY AVE, Memphis, TN 38104 - Image 1

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Multi-Family Home for sale in Memphis, TN

for $545,000 with 2 bedrooms and 5 full baths. This 3,908 square foot home was built in 1902.

Excellent value in a wonderful Central Gardens location! Five units in a friendly neighborhood environment, rarely a vacancy and highly sought after, this building is a winner! DRIVE BY ONLY!! DO NOT DISTURB THE TENANTS!! Make your offer contingent on inspections. This is a property you will be happy to have as part of your portfolio!

Multi-Family Active

Price

^$ 545,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,836

Style

Converted House

Year Built

1902

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10210472

Features

General

Roof Flat Pitched Roll Shingle/Shake

Construction Other (See Remarks)

Status Active Active

Legal Subdivision Name MERRIMAN

Stories Count 2

County Shelby

Class Multi-Family

Laundry Y/N Common Laundry

Type Converted House

Area 746G Central Gardens

Parcel Number 016012 00008

Sale/Rent For Sale

Status Detail 0

Year Built 1902

Directions Great block of Peabody just west of Kimbrough on the north side of the street.

City Memphis

DOM 13

Exterior

Foundation Conventional/Crawl Space Laundry Facility Partial Basement Unfinished Basement

Lot 12

Number of Buildings 2

Lot Size 60 X 150

Parking Facility Concrete

Interior

Hot Water Public Sewer Public Water

* Excluded Features

List By

Sowell, Realtors

Broker

Affordability Calculator

$3,970

Per Month

Monthly Principal & Interest: $3,400
Monthly Property Taxes: $570
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$313,416

Percent of Sale Price 42%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/26/2025	$545,000		Listed Price

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1450 PEABODY AVE, Memphis, TN, 38104 is a Multi-Family Home for sale at $545,000 with 3,908 sqft. 1450 PEABODY AVE has 2 bedrooms, 5.0 baths, and was built in 1902. The property's zip code is 38104 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 12/10/2025.

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1450 PEABODY AVE

Multi-Family Home for sale in Memphis, TN

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