WELCOME to Peabody Valley Apartments! 2 Bedrooms in the Midtown/Medical District area at an affordable price. Completely renovated with brand new appliances - you do not want to miss out on this beautiful property located in the heart of Midtown Memphis just minutes from Downtown Memphis!
NOTE: THIS IS FOR 945 #7 THE TOWNHOUSE with 2 bathrooms.
We renovated completely renovated Peabody Valley Apartments with:
Central heat/central air
Laminate floors
Brand New cabinets
Great storge space
New paint
New light fixtures
Spacious bedrooms
Stainless Steel Stove and Refrigerator appliances
Great community features such as:
Gated Parking
Central Air & Heat
Security cameras
You will find Peabody Valley Apartments located just off Peabody Ave. and S. Dudley Street, with easy access to the I-240 Loop around Memphis, moments from downtown, a short drive to Overton Park, and Overton Square where you can visit some of the best bars and restaurants the city has to offer.
Utilities are not included.
Owner will cover Water, Landscaping, and Maintenance repairs.
947 Peabody Ave
Memphis, TN 38104
Apartment building
2 beds
Available units
This building may have units for rent or for sale. Select a unit to contact.
What's special
Laminate floorsCompletely renovatedNew paintBrand new cabinetsSpacious bedroomsBrand new appliancesGated parking
Facts, features & policies
Unit features
Appliances
- Oven
- Refrigerator
Neighborhood: Downtown
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Walk, Transit & Bike Scores
Walk Score®
/ 100
Very WalkableTransit Score®
/ 100
Some TransitBike Score®
/ 100
BikeableNearby schools in Memphis
GreatSchools rating
- 5/10Bruce Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Bellevue Junior High SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Central High SchoolGrades: 9-12Distance: 0.7 mi
Nearby apartments for rent
Listing order may reflect relevance, quality, and paid promotion.
Frequently asked questions
Based on the latest Zillow data, the average rent across all unit types in Memphis is currently $1,095 per month. Prices vary by neighborhood, floor plan, and building amenities.
Rent in Memphis has increased by $20 month-over-month, according to the latest Zillow rental data.
The schools assigned to 947 Peabody Ave include Bruce Elementary School, Bellevue Junior High School, and Central High School.








