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Off market
  • $383,200

    1947 Peabody Ave, Memphis, TN 38104

    3beds
    2,216sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $383,200 Zestimate®
    $173/sqft
    $2,560 Estimated rent

    Home value

    $383,200

    $349,000 - $418,000

    $2,560/mo

    Zestimate® history
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    What's special

    Available now and can be flexible with move in date. 12- or 24-month lease desired but open to different lengths. $2300/mth for 12 or 24 months, $2800/mth for 6 month, $3300/mth for 3 month. If there are no damages to the property, the deposit amount will be waived from the lease's last month rent. Welcome to your charming rental farmhouse nestled in the historic Central Gardens neighborhood of Midtown Memphis. This meticulously maintained home boasts a blend of classic appeal and modern comforts, offering a cozy home for you and your family. As you step inside, you're greeted by the warmth of the spacious living areas adorned with hardwood floors and abundant natural light. The house features three bedrooms, each offering comfort and privacy, while an additional room can easily be transformed into a fourth bedroom or utilized as a versatile space according to your needs. The highlight of this home is the expansive master suite, complete with a newly renovated bathroom and a generously sized walk-in closet, providing a luxurious sanctuary for relaxation. With three full bathrooms, morning routines are a breeze, and guests are always accommodated comfortably. While there's no dishwasher, the kitchen is equipped with essential appliances including a refrigerator, oven, washer, and dryer, making everyday living convenient. Ideal for remote work or study, the house features a large office space with built-in desk and storage, ensuring productivity in a peaceful setting. Ample storage space is available throughout the house, with several large closets to stow away belongings. Step outside to enjoy the outdoor living spaces, including a large covered patio with a propane fireplace, perfect for cozy gatherings on cooler evenings. A spacious uncovered deck provides the ideal spot for grilling and al fresco dining, overlooking the sprawling yard complete with a firepit, a back house with exercise equipment and extra storage, and a basketball goal for outdoor fun. Parking is a breeze with on-site parking for two vehicles, and you'll appreciate the hassle-free maintenance with lawn care included. Stay comfortable year-round with central air conditioning, while electronic smart locks offer added security and convenience with customizable entry codes. This rental farmhouse in the heart of Central Gardens offers the perfect blend of historic charm and modern amenities, providing an inviting place to call home in vibrant Midtown Memphis. The house is located near several grocery stores, pubs/bars, restaurants, coffee shops, and 1 mile from historic Overton Park. Some furniture can remain in the house if desired. Minimum credit score 650 and will ask for reference and previous landlords. Renter is responsible for MLGW (utilities, $150-250/month) and internet ($55/month) which are added to monthly rent due. Last month's rent due at signing (deposit). $300 one-time pet fee.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: []
    Heating
    • Baseboard, Wall Furnace
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Carpet, Hardwood, Tile
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,216 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Heating system: Baseboard, Heating system: Wall, Lawn Care included in rent, Utilities fee required, Walk In Closet
    Details
    • Parcel number: 01605400005

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,300
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $400,100
    • Annual tax amount: $5,272
    • Date on market: 9/23/2024
    • Date available: 12/01/2024
    • Lease term: 1 Year

    Price history

    DateEventPrice
    5/20/2025Listing removed$417,000$188/sqft
    Source: MAAR #10186796 Report a problem
    3/3/2025Price change$417,000-1.9%$188/sqft
    Source: MAAR #10186796 Report a problem
    12/16/2024Listed for sale$425,000+64.2%$192/sqft
    Source: MAAR #10186796 Report a problem
    11/17/2024Listing removed$2,300-6.1%$1/sqft
    Source: Zillow Rentals Report a problem
    11/15/2024Price change$2,450+6.5%$1/sqft
    Source: Zillow Rentals Report a problem
    11/14/2024Price change$2,300-8%$1/sqft
    Source: Zillow Rentals Report a problem
    11/11/2024Price change$2,500+4.2%$1/sqft
    Source: Zillow Rentals Report a problem
    11/6/2024Price change$2,400-12.7%$1/sqft
    Source: Zillow Rentals Report a problem
    10/31/2024Price change$2,750+7.8%$1/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Price change$2,550-8.9%$1/sqft
    Source: Zillow Rentals Report a problem
    9/23/2024Listed for rent$2,800-6.7%$1/sqft
    Source: Zillow Rentals Report a problem
    9/13/2024Listing removed$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    9/5/2024Price change$3,000+7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    8/26/2024Price change$2,800-15.2%$1/sqft
    Source: Zillow Rentals Report a problem
    8/22/2024Price change$3,300-2.9%$1/sqft
    Source: Zillow Rentals Report a problem
    7/28/2024Listed for rent$3,400+13.3%$2/sqft
    Source: Zillow Rentals Report a problem
    7/19/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/29/2024Price change$3,000+3.4%$1/sqft
    Source: Zillow Rentals Report a problem
    6/13/2024Price change$2,900-3.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/10/2024Price change$3,000-9.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/5/2024Price change$3,300+10%$1/sqft
    Source: Zillow Rentals Report a problem
    5/15/2024Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    11/30/2015Sold$258,900+3.4%$117/sqft
    Source: MAAR #9963864 Report a problem
    10/24/2015Price change$250,500-5.4%$113/sqft
    Source: John Green & Co., REALTORS #9963864 Report a problem
    10/23/2015Listed for sale$264,900+115.4%$120/sqft
    Source: John Green & Co., REALTORS #9963864 Report a problem
    2/9/1999Sold$123,000+7.7%$56/sqft
    Source: Public Record Report a problem
    10/8/1996Sold$114,217$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,272 -9.4%$100,025 +13.2%
    2024$5,818 +8.1%$88,350
    2023$5,382 $88,350
    2022-- $88,350
    2021-- $88,350 +37.5%
    2020$2,054 $64,275
    2019$2,054 -21.1%$64,275
    2018$2,603 -45.1%$64,275
    2017$4,744 +139%$64,275 +10.1%
    2016$1,985 +5.6%$58,375
    2014$1,880 $58,375
    2013-- $58,375 -1%
    2012-- $58,950
    2011-- $58,950
    2010-- $58,950
    2009-- $58,950 +6.4%
    2008-- $55,400
    2007-- $55,400
    2006-- $55,400 -6.1%
    2005-- $59,025 +74.9%
    2004-- $33,750
    2003-- $33,750
    2002-- $33,750
    2001-- $33,750 +20.4%
    2000-- $28,025
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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