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1227-1241 Peabody Ave, Memphis, TN 38104

$465,000
  • 1227-1241 Peabody Ave, Memphis, TN 38104 Main Photo

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Featured Listing Active
SQUARE FEET6,150 MLS#186353191
STATUS PROPERTY TYPECommercial - Office

Property Description

Prime Location in Memphis’ Medical District!

Seize the opportunity to own a piece of Memphis history with this charming and versatile historic property, located at 1227-1233 Peabody Avenue (includes three parcels). Nestled in the heart of the highly sought-after Medical District, this property offers an exceptional blend of classic architecture and modern convenience, making it a perfect investment for a variety of uses.

Property Features:

Ideal for Law Offices or Professional Offices: With its spacious rooms, high ceilings, and distinct historical character, this property offers an inspiring environment for any professional office. Its proximity to major medical institutions, including Methodist University Hospital, makes it an ideal choice for law offices specializing in healthcare law, medical professionals, or any business serving the medical community.

Student Housing Potential: Positioned near key educational and medical institutions, this property could also be a great candidate for student housing, catering to the growing demand for living spaces near the University of Tennessee Health Science Center and other local schools.

Opportunity to redevelop into multi-family property. Additional lot next to home is vacant and ready for another building, garage or parking lot.

Historic Charm: Retaining much of its original character, this property is full of unique architectural details that lend it a timeless elegance. With hardwood floors, tall windows, intricate moldings, and a welcoming exterior, this property provides a warm and professional atmosphere.

Prime Location: Just minutes from Methodist University Hospital and other medical facilities, the property is also conveniently located near downtown Memphis, offering easy access to local amenities, transportation, and business hubs.

Whether you're looking for a space to establish your law office, create a professional work environment, or provide student housing, this historic property offers unparalleled potential. Don’t miss out on this rare opportunity to invest in a prime location with endless possibilities!

Price reflected is for AS IS purchase.

For more information or to schedule a tour, contact us today.

1227-1241 Peabody Ave | MLS# 186353191

This commercial property located at 1227-1241 Peabody Ave, Memphis, TN 38104 is currently listed for sale by Crye-Leike Real Estate Services , with an asking price of $465,000. Search Memphis real estate on www.donnarickard.com today.

Property Features

Property Type: Commercial - Office
Lot Size: 0.53 Acres
Stories: 3.0

Feature Descriptions

Nearest Interchange: Bellevue
No. Of Floors: 3
Parking Notes: Three Parcels - two vacant lots for additional par
Sewer: Memphis
Survey Available: Yes
Total Usable Sq. Ft.: 6150
Water: Memphis
Zoning: RW (H) Commercial

Listed By / Shown By

Listed By

Agency Name: Crye-Leike Real Estate Services

agent picture

Shown By

Agent Name: Donna Rickard
Agent Phone: (865) 548-6730

Source: Delta Media Group MLS
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/09/2026. The listing information on this page last changed on 05/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/09/2026 5:04:22 AM EST) or GAMLS (last updated Fri 05/08/2026 11:15:08 PM EST) or CARMLS (last updated Sat 05/09/2026 3:35:15 AM EST) or RCAR MLS (last updated Sat 05/09/2026 2:07:11 AM EST) or MAAR MLS (last updated Sat 05/09/2026 1:57:43 AM EST) or FMLS (last updated Fri 05/08/2026 11:43:31 PM EST) or East Tennessee REALTORS (last updated Sat 05/09/2026 12:24:40 AM EST) or RealTracs (last updated Sat 05/09/2026 12:25:32 AM EST) or Arkansas CARMLS (last updated Fri 05/08/2026 11:28:10 PM EST) or GSMAR MLS (last updated Fri 05/08/2026 9:14:57 PM EST) or Baldwin County MLS (last updated Sat 05/09/2026 2:31:12 AM EST) or Tennesse Virginia MLS (last updated Fri 05/08/2026 11:54:40 PM EST) or Emerald Coast MLS (last updated Sat 05/09/2026 12:05:25 AM EST) or Northeast Oklahoma Real Estate (last updated Fri 05/08/2026 11:23:50 PM EST) or Southern Kentucky MLS (last updated Fri 05/08/2026 9:54:44 PM EST) or SOMO MLS (last updated Fri 05/08/2026 11:57:31 PM EST) or North Georgia MLS (last updated Fri 05/08/2026 10:47:19 PM EST) or Golden Triangle MLS (last updated Sat 05/09/2026 1:10:09 AM EST) or MLS United (last updated Sat 05/09/2026 2:06:12 AM EST) or Lakeway MLS (last updated Sat 05/09/2026 1:21:59 AM EST) or Batesville MLS (last updated Sat 05/09/2026 12:00:03 AM EST) or North Central Mississippi MLS (last updated Fri 05/08/2026 9:33:23 PM EST) or Hot Springs MLS (last updated Sat 05/09/2026 12:27:53 AM EST) or Huntsville/Valley MLS (last updated Fri 05/08/2026 10:58:09 PM EST) or Shoals MLS (last updated Sat 05/09/2026 12:32:13 AM EST) or Tupelo MLS (last updated Fri 05/08/2026 11:42:52 PM EST) or NEAKBOR MLS (last updated Fri 05/08/2026 11:10:36 PM EST) or EAKBOR MLS (last updated Sat 05/09/2026 2:43:06 AM EST) or CWTAR MLS (last updated Sat 05/09/2026 12:11:38 AM EST) or NWAKBOR MLS (last updated Sat 05/09/2026 2:39:15 AM EST) or Upper Cumberland MLS (last updated Fri 05/08/2026 11:59:40 PM EST) or Hattiesburg MLS (last updated Fri 05/08/2026 10:59:18 PM EST) or Puerto Rico MLS (last updated Sat 05/09/2026 1:35:09 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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