1258 PEABODY AVE

Memphis, TN
$ 650,000 Beds 9 Baths 8 Sq 6,000
Monthly Estimate* How much can I afford?

Great income producing property. Six unit apartment currently being rented as short term rentals. Total monthly rent is estimated around $6,800. Great chance to own a beautiful historic property with income earning potential. Unit 1 two bed two bath. Unit 2 two bed two bath. Unit 3 one bed one bath. Unit 4 one bed one bath. Unit 5 two bed one bath. Unit 6 one bed one bath. Property is 6,730 square feet per recent measurement by licensed appraiser.

Single Family

  • Price
  • $ 650,000
  • Lot Size
  • 8,712 SqFt
  • Bedrooms
  • 9
  • Sqr Footage
  • 6,000
  • Full Bathrooms
  • 8
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Memphis
  • Taxes
  • $ 6095
  • County
  • SHELBY
  • Style
  • Traditional
  • Area
  • Central Gardens
  • MLS#
  • 10097197
  • Zip
  • 38104
Listing Provided by: Long Term Invest Mngt
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 746F
Beds 9
City Memphis
Class Residential
Cooling Central, Window Unit(s)
Fireplaces 4
Full Baths 8
Heating Central
Legal Subdivision Name MURPHY MEDALLION HOUSE PD
Listing Area Central Gardens
Neighborhood Association None
Service Type Full Service Listing
Status Active
Status Active
Stories 2
Style Traditional
Type Detached Single Family
Year Built 1900

Interior Features

Downstairs Bedrooms 2
Floors/ceilings Tile
Heated SqFt 6000 - 6999
Living Room Eat-In Kitchen
Number of Rooms 11

Exterior Features

# Covered Parking Spaces 3
Exterior/windows Brick Veneer
Lot Description Level
Lot Size 60X150
Misc. Exterior Porch
Parking/storage Driveway/Pad
Pool Y/N None

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

$2,869

Per Month

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

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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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 2.99% 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.

Schools

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

Price History

4/16/2021 Listed $699,000
6/25/2021 8% - $650,000

Property vs Zip Code Average in 38104

Price
AVG $390K
$650K
Taxes
AVG $3,902
$6,095
Visits
AVG 44
130
Year Built
AVG 1925
1900
Walkscore
AVG 72
74
Data Provided by Walkscore ® not using MLS data

Map

1258 PEABODY AVE Memphis, TN is a Single Family Home for sale at $650000 with 6000 sqft and a lot size of 8,712 SqFt Acre(s). 1258 PEABODY AVE Memphis has 9 bedrooms, 8 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 2.99% 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.

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.