$223,900

516 Peabody Sq Unit 516 Memphis, TN 38104

$2,659
Closing credit¹
2 beds
1 full, 2 partial
0.02 acres
Townhouse

Property details

About 516 Peabody Sq Unit 516

Tucked away on a charming street is a beautifully well maintained townhouse in Central Gardens. This spacious end unit features 2 bedrooms, 1 bath, 2 half baths, open living and dining rooms, updated kitchen with granite countertops & stainless steel appliances, breakfast room, new windows, lots of natural light, new pergo flooring down, private patio with roomy storage room. Reserved parking directly behind back door. This enchanting neighborhood features beautifully landscaped lawns, neighborhood pool and all within minutes from wonderful restaurants and shopping. NO RENTALS.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.02 Acres
Year built1969
ParkingStorage Room(s),Assigned Parking,Designated Guest Parking
MLS #10188119

Summary

  • MLS Number: 10188119
  • Office Name: Adaro Realty, Inc.

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$223,900

516 Peabody Sq Unit 516

$2,659

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Idlewild Elementary School

Public Magnet PK-5

0.2 mi

1950 Linden Ave

5

Peabody Elementary School

Public Magnet PK-5

0.9 mi

2086 Young Ave

4

Rozelle Elementary School

Public Magnet PK-5

1.0 mi

993 Roland St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,119. Most Memphis, TN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

27%
<35k
40%
35k-100k
27%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
5%
Single, with Kids
20%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
33%
18-34 yrs old
46%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Hiking/backpackingHiking/backpacking
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Nordstrom RackNordstrom Rack
  • H&MH&M

Where do the neighbors go to eat?

  • QdobaQdoba
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • InfinitiInfiniti
  • MazdaMazda
  • AudiAudi

What do the neighbors listen to?

  • Active RockActive Rock
  • RockRock
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 516 Peabody Sq Unit 516

This home is located at 516 Peabody Sq Unit 516 in Memphis, TN and zip code 38104 in the Central Gardens neighborhood. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $223,900.

Memphis, TN housing market in February 2025 saw over 57 listings sold above listed price, more than 73 sold at listed price and over 205 sold below. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. In February 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $185,000.

From Rocket Homes Real Estate and based on county public records data.

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