1450 Peabody Ave

Memphis, TN 38104

$545,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of a white house with large windows and a yard
a view of a house with backyard and sitting area
a view of a car in front of a house
a living room with furniture and wooden floor
a spacious bedroom with a bed a couch and a flat screen tv
a living room with a fireplace and a flat screen tv
a kitchen with a sink stainless steel appliances and cabinets
a kitchen with a stove cabinets and wooden floor
a kitchen with granite countertop white cabinets and white appliances
a bathroom with a shower curtain

Description

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!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!
  1. Listed by David Da Ponte • Sowell, Realtors

Property Details for 1450 Peabody Avenue

Area
746G
MAAR Subdivision Name
CENTRAL GARDENS
Legal Subdivision Name
MERRIMAN
LISTING UPDATED: 12/02/2025 05:18 PM

Property Details for 1450 Peabody Avenue

StatusActive
MLS #10210472
Days on Market23
Taxes$6,836 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Converted House
Year Built1902
Lot Size0.21 AC / 9,000 SF
CountyShelby County

Location

Listing Courtesy of Sowell, Realtors
Add your commute

Building Information for 1450 Peabody Avenue

Stories2Residences5Year Built1902Building Size-Lot Size0.21 AC / 9,000 SF

Payment Calculator

$3,263 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,693

Property Taxes

$570

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1450 Peabody Avenue

Summary
Location and General Information
  • Address: 1450 PEABODY AVE
  • Address Search Number: 1450
  • Directions: Great block of Peabody, just west of Kimbrough on the north side of the street.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 11-26-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: G
  • MLS Map Num: Central Gardens
Taxes and HOA Information
  • Hot Water: Public Sewer, Public Water
  • LVT Date: 11-26-2025
Property
Lot Information
  • Lot Size: 60 X 150
  • Lot Num: 12
  • Parcel ID: 016012 00008
Property and Assessments
  • Foundation: Conventional/Crawl Space, Laundry Facility, Partial Basement, Unfinished Basement
  • Percent Occupancy: 100
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Flat, Pitched, Roll, Shingle/Shake
Interior Features
  • Floors/Ceilings: 9 Ft or More, Hardwood Throughout, Tile, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 2
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 3
  • Num of Buildings: 2
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Other (See Remarks)
  • Cooling Systems: 220 Wiring, Central
  • Existing Financing: Conventional Fixed
  • Heating Systems: Central
  • Improved Sqft: 3908
  • Land Sqft: 9000
  • Laundry: Common Laundry
  • Miscellaneous Exterior: Sidewalks, Some Landscaping, Historic District
  • Operating Expenses: Management
  • Parking Facility: Concrete
  • Possession: Negotiable, Tenants Rights
  • Sale Includes: Building and Land
  • Source Of Info: Owner
  • Tenant Pays: Other (Call LA)
  • Type Units: 1 BR - 1 Bath, Efficiency/Studio

Property History for 1450 Peabody Avenue

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Listed (Active)

MAARMLS #10210472

$545,000—
Jun 18, 2021

Sold (Public Record)

Public Record #1464729312

$412,000

+8.9% / yr

Jun 29, 2018

Sold

MAARMLS #10027449

$320,000—
Jun 27, 2018

Sold (Public Record)

Public Record #625457549

$320,000

+6.4% / yr

Jun 15, 2018

Contract Signed

MAARMLS #10027449

—
May 13, 2018

Listed (Active)

MAARMLS #10027449

$325,000—
Jan 21, 2016

Sold (Public Record)

Public Record #564282292

$275,000

+0.4% / yr

Mar 30, 2006

Sold (Public Record)

Public Record #193236047

$265,000—
Jan 30, 2001

Sold

MAARMLS #322076

$193,030—
Dec 10, 2000

Contract Signed

MAARMLS #322076

—
Nov 1, 2000

Listed (Active)

MAARMLS #322076

$199,000—
DateEvent & SourcePrice
11/26/2025

Listed (Active)

MAARMLS #10210472

$545,000
06/18/2021

Sold (Public Record)

Public Record #1464729312

$412,000

+8.9% / yr

06/29/2018

Sold

MAARMLS #10027449

$320,000
06/27/2018

Sold (Public Record)

Public Record #625457549

$320,000

+6.4% / yr

06/15/2018

Contract Signed

MAARMLS #10027449

—
05/13/2018

Listed (Active)

MAARMLS #10027449

$325,000
01/21/2016

Sold (Public Record)

Public Record #564282292

$275,000

+0.4% / yr

03/30/2006

Sold (Public Record)

Public Record #193236047

$265,000
01/30/2001

Sold

MAARMLS #322076

$193,030
12/10/2000

Contract Signed

MAARMLS #322076

—
11/01/2000

Listed (Active)

MAARMLS #322076

$199,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1450 Peabody Avenue

Taxable ValueLand$37,440Additions$107,840Total$145,280
Tax Record2024$9,567 ($797 / month)
Home Facts
Baths2Total Finished SqFt3,350 SqFtAbove Grade Finished SqFt3,350 SqFtStories1Lot Size8,973 SqFtStyleMulti-Family Res (5+ Units)Year Built1902Year Renovated1980ZoningR-6CountySHELBYAPN016-012- - -00008Fireplace TypeHas Fireplace

Schools near 1450 Peabody Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Bruce Elementary School
Public - PK to 5
Bellevue Junior High School
Public - 6 to 8
Central High School
Public - 9 to 12
Memphis School of Excellence Cordova
Charter - 6 to 12
Rating
School
Distance
Bruce Elementary School
PublicPK to 5

Bellevue Junior High School
Public6 to 8

Central High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1450 Peabody Avenue, Memphis, TN 38104

1450 Peabody Avenue is a multi-family home for sale in Memphis, TN 38104. This property was listed for sale on November 26, 2025 by Sowell, Realtors, it's currently listed at $545,000. It has been on the market for a total of 23 days and was last sold on June 18, 2021. This listing's school district is Shelby County Schools. Nearby schools include Bruce Elementary School, Bellevue Junior High School and Central High School. 1450 Peabody Avenue is a 0-bed, 0-bath, multi-family home built in 1902.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sowell, Realtors

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. 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. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2025 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.