See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1336 Peabody Ave, Memphis, TN, 38104

5beds
3baths
3,298sqft
$449,900
$136price/sqft
$3,240/moest. monthly cost
$129,600/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
41
TransitSome Transit
75
BikeVery Bikeable

Schools

5/10
Bruce Elementary SchoolGrades PK-50.3 mi
5/10
4/10
Central High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Other (See Remarks)
  • Roof: Composition Shingles

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other (See REMARKS)
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Features: Tile Floor
  • Level: Second

Bedroom3

  • Features: Tile Floor
  • Level: Second

Bedroom4

  • Features: Tile Floor
  • Level: First

Bedroom5

  • Features: Tile Floor
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Separate Dining Room

Features

  • 1 or More BR Down,Full Bath Down,Primary Up,2 or More Baths,4th of More Bedrooms,Dining Room,Kitchen,Laundry Room,Living Room,1 Bath,2nd Bedroom,3rd Bedroom,Primary Bedroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Window Treatments
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: In Den/Great Room,In Other Room,Masonry,Other (See Remarks)
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 3,298 sqft

Kitchen

  • Features: Eat-in Kitchen,Pantry

Living Room

  • Features: Separate Den,Separate Living Room

Master Bathroom

  • Features: Tile Floor

Master Bedroom

  • Features: Tile Floor
  • Level: Second

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 016005 00003

Features

  • Stories: 2
  • Pool features: None
  • Exterior features: Sidewalks
  • Fencing: Wood,Wood Fence
  • Living area range: 3200-3399

Lot

  • Lot size: 8,276 sqft
  • Features: Other (See Remarks),Historic District
  • Lot size dimensions: 50 x 150

Parking

  • Parking features: Driveway/Pad,Parking Lot
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Tornado
Heat Wave

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,274$27,288
Home Insurance $336$4,032
Property Taxes $363$4,356
Electricity $267$3,215
Total$3,240$38,880

Income You'd Need if You Spent...

35% on housing$111,085/yr
40% on housing$97,200/yr
45% on housing$86,400/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 38104$132
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38104$169
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-20Price change$449,900
2026-04-15Price change$450,000
2025-11-24Price change$499,999
2025-11-06Price change$500,000
2025-09-16Price change$505,900
2025-08-20Price change$525,000
2025-07-08Price change$550,000
2025-05-02Listed for sale$575,000
2025-03-23Listing removed$595,000
2024-06-01Price change$595,000
2024-01-03Listed for sale$625,000
2023-08-07Pending sale$625,000
2023-06-02Price change$625,000
2023-05-09Listed for sale$650,000

For Sale by Agent

AgentRaven J Henderson
BrokerageKAIZEN Realty, LLC

Similar Homes