Briscoe Ellett III

1336 Peabody Ave

Memphis, TN
$ 449,900 Beds 5 Baths 3 Sq 3,298
Monthly Estimate* How much can I afford?

Located in the historic Annesdale Park subdivision, this beautifully maintained property offers 3,200 square feet of versatile space on a spacious corner lot. Established as an accredited Montessori school for the past 31 years, this two-story building is move-in ready and ideal for a school, child care center, or tutoring facility. It boasts a spacious open-concept design with large rooms and high ceilings, creating a welcoming environment for students and staff alike. The property includes an attached, fenced playground with fixed equipment and a charming child-sized gazebo, perfect for outdoor play and activities. The building’s layout also offers the potential for conversion into a multi-office leasing space, making it an excellent choice for businesses or professional services. Whether you’re looking to continue its legacy as an educational facility or transform it into an office space, Airbnb, or something else entirely, this property offers the flexibility to suit your needs.

Single Family

  • Price
  • $ 449,900
  • City
  • Memphis
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Central Gardens
  • Lot Size
  • 0.19 Acres
  • Zip
  • 38104
  • Sqr Footage
  • 3,298
  • Year Built
  • 1900
  • Taxes
  • $ 2753
  • Style
  • Traditional
  • MLS#
  • 10195759
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Ceiling Fan(s),Central
Roof Composition Shingles
Fireplaces 2
Status Active
Full Baths 3
Other Rooms Attic,Laundry Room,Unfinished Basement
Legal Subdivision Name ANNESDALE PARK
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 746F
Parcel Number 016005 00003
Status Active
Annual City Tax 1336
Annual County Tax 1417
Sale/Rent For Sale
Area Central Gardens
Service Type Full Service Listing
Neighborhood Association None
BEDROOM 5 DESCRIPTION Level 1,Tile Floor
Year Built 1900
Directions Head West towards Downtown on Union Avenue. Make a left onto Cleveland. Property is on the right corner of Cleveland and Peabody intersection.
City Memphis
DOM 510

Interior Features

Living Room Eat-In Kitchen,Pantry,Separate Den,Separate Dining Room,Separate Living Room
Beds 5
Total Baths 3
Fireplace In Den/Great Room,In Other Room,Masonry,Other (See Remarks)
Number of Rooms 9
Heated SqFt 3200-3399
BEDROOM 4 DESCRIPTION Level 1,Tile Floor
MISC. INTERIOR All Window Treatments,Other (See REMARKS),Pull Down Attic Stairs,Smoke Detector(s)
FLOORS/CEILINGS Hardwood Throughout
INTERIOR EQUIPMENT Other (See REMARKS)
BEDROOM 3 DESCRIPTION Level 2,Tile Floor
BEDROOM 2 DESCRIPTION Level 2,Tile Floor

Exterior Features

Foundation Other (See Remarks)
Pool None
Lot 19
Lot Size Area 0.19
Water & Sewer Public Sewer,Public Water
Lot Size 50 X 150
Parking Display N0
Lot Description Other (See Remarks),Wood Fenced
PARKING/STORAGE Driveway/Pad,Parking Lot
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Historic District,Wood Fence,Sidewalks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/2/2025 Listed $575,000
7/8/2025 5% - $550,000
8/20/2025 5% - $525,000
9/16/2025 4% - $505,900
11/6/2025 2% - $500,000
11/24/2025 1% - $499,999
4/15/2026 10% - $450,000
7/20/2026 1% - $449,900

Property vs Zip Code Average in 38104

Price
AVG $390K
$450K
Taxes
AVG $4,946
$2,753
Year Built
AVG 1929
1900
Visits
AVG 94
372
Data Provided by Inside Real Estate®

Areas That We Cover

1336 Peabody Ave Memphis, TN is a Single Family Home for sale at $449900 with 3298 sqft and a lot size of 0.19 Acres Acre(s). 1336 Peabody Ave Memphis has 5 bedrooms, 3 baths and was built in 1900. 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 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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