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Sold for $175,000
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  • $175,000

    2003 Peabody Ave, Memphis, TN 38104

    2beds
    1,459sqft
    Duplex
    Built in 1926
    -- sqft lot
    $200,800 Zestimate®
    $120/sqft
    $1,423 Estimated rent

    Home value

    $200,800

    $177,000 - $227,000

    $1,423/mo

    Zestimate® history
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    $1,423/mo

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    What's special

    Rare opportunity to own a duplex in Midtown (Cooper-Young) for 200K. Each side has one bed and 1 bath and living room. Projected rents for each are $900-1000. Walk to Midtown's attractions. Private entrance each side. Shared backyard space. Shared laundry room. SUPER front porch. Window unit air. Units are separately metered so tenants would be responsible for their own utilities. Is it in perfect condition? No, but it is priced accordingly and is a great opportunity. Roof approx 2020

    Zillow last checked:

    Listing updated:

    Listed by:

    James Anson Underwood,

    Crye-Leike, Inc., REALTORS

    Bought with:

    Rip R Haney

    Marx-Bensdorf, REALTORS

    Source: MAAR,MLS#: 10179665MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Floor Furnace
    Cooling
    • 2+ Window Units per Unit
    Appliances
    • Included: Refrigerator, Range/Oven (Freestanding), Other (See REMARKS), Gas Water Heater
    Features
    • Separate Den
    • Flooring: Part Hardwood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,459 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Porch
    • Pool features: None
    • Fencing: Wood,Chain Link
    Lot
    • Size: 5,840 sqft
    • Dimensions: 40 x 146
    • Features: Level
    Details
    • Additional structures: Storage
    • Parcel number: 016059 00003

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Wood/Composition
    • Foundation: Slab
    • Roof: Composition Shingles
    Condition
    • Year built: 1926

    Utilities & green energy

    • Utilities for property: Separate Meters

    Community & neighborhood

    Location
    • Region: Memphis
    • Subdivision: Miller Blk D

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    7/18/2025Listing removed$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    6/28/2025Price change$1,300-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/21/2025Listed for rent$1,400+27.9%$1/sqft
    Source: Zillow Rentals Report a problem
    9/19/2024Sold$175,000-12.5%$120/sqft
    Source: MAAR #10179665 Report a problem
    9/11/2024Listing removed$1,095$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2024Pending sale$200,000$137/sqft
    Source: MAAR #10179665 Report a problem
    8/22/2024Listed for sale$200,000+50.4%$137/sqft
    Source: MAAR #10179665 Report a problem
    7/3/2024Price change$1,095-8.8%$1/sqft
    Source: Zillow Rentals Report a problem
    6/14/2024Price change$1,200-11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/11/2024Listed for rent$1,350+125%$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2017Sold$133,000+3.1%$91/sqft
    Source: MAAR #10005649 Report a problem
    6/27/2017Listed for sale$129,000+38.7%$88/sqft
    Source: Harbur Realty #10005649 Report a problem
    10/14/2015Listing removed$600
    Source: Zillow Rental Network Report a problem
    9/30/2015Listed for rent$600
    Source: Harbur Realty #9962163 Report a problem
    3/27/2003Sold$93,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,913 +9.6%$74,240 +37%
    2024$3,569 +8.1%$54,200
    2023$3,302 $54,200
    2022-- $54,200
    2021-- $54,200 +28.6%
    2020$1,347 $42,160
    2019$1,347 -21.1%$42,160
    2018$1,707 -45.1%$42,160
    2017$3,112 +133%$42,160 +7.3%
    2016$1,336 -18.4%$39,280
    2014$1,637 $39,280
    2013-- $39,280 -23.5%
    2012-- $51,320
    2011-- $51,320
    2010-- $51,320
    2009-- $51,320 +28.2%
    2008-- $40,040
    2007-- $40,040
    2006-- $40,040
    2005-- $40,040 +23.9%
    2004-- $32,320
    2003-- $32,320
    2002-- $32,320
    2001-- $32,320 +43.3%
    2000-- $22,560

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    $204,816