2061 PEABODY AVE Memphis, TN $ 249,000
2061 PEABODY AVE
$ 249,000
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2061 PEABODY AVE

Memphis, TN, 38104
$ 249,000
Bedrooms4 Baths2.0 Sq 1,561

Monthly Estimate*

$ 1,533

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Single Family Home for sale in Memphis, TN

for $249,000 with 4 bedrooms and 2 full baths. This 1,561 square foot home was built in 1912 on a lot size of 0.154.

Set in one of Memphis’ best areas, 2061 Peabody is a charming, buy-into-equity opportunity—a rare find with 4BR/2BA, strong fundamentals, and a bright sunroom you’ll love. Seller is offering $5,000 in buyer concessions (with acceptable offer/terms), which can be applied toward closing costs, clean-out, or renovations. This well-cared-for home is now ready for your vision—primarily clear-out and bathroom updates. Whether you’re a homeowner looking to renovate and gain equity or an investor seeking opportunity, the potential here is undeniable. Property is being sold AS-IS. Tenant occupied — showings by appointment only. Please do not disturb tenants.

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Single Family Active

Price

$ 249,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 3,370

Style

Traditional

Lot Size

0.154

Year Built

1912

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10213838

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name LENOX HIGHLANDS
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Area 746H Central Gardens
Parcel Number 016060 00006
Sale/Rent For Sale
Status Detail 0
Year Built 1912
Directions Take I-240 N toward Downtown. Exit onto Union Avenue (Exit 30). Follow Union Ave west ~1.5 mi turn left on 2nd St then left on Peabody Ave. Continue to 2061 Peabody Ave in Midtown.
City Memphis
DOM 0
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Interior
Dining Room n/a
Living Room Separate Living Room Separate Den Washer/Dryer Connections Other (See Remarks)
Beds 4
Total Baths 2
Number of Rooms 8
Downstairs Bedrooms 2
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Exterior
Pool None
Lot 83-87
Lot Size Area 0.154
Lot Size 63X107
Lot Description Level Wood Fenced
Misc. Exterior Porch Historic District Wood Fence Sidewalks
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* Excluded Features
List By
The Home Partners Realty

Broker

Affordability Calculator

$1,814
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,533
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$249,000 Listed Price

Map


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2061 PEABODY AVE, Memphis, TN, 38104 is a Single Family Home for sale at $249,000 with 1,561 sqft and a lot size of 0.154. 2061 PEABODY AVE has 4 bedrooms, 2.0 baths, and was built in 1912. The property's zip code is 38104 which is in Memphis, TN