Action Realty McNairy
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$445,000

1336 Peabody

Memphis, TN 38104
—Beds
—Baths
1900Year Built

About this property

Located in the historic Annesdale Park subdivision, this beautifully maintained property offers 3,200 square feet of versatile space on a spacious corner lot. It can easily be converted back into a single-family residence or serve as an excellent investment opportunity for a rooming house, sober living facility, or other shared housing arrangement, subject to applicable zoning and regulations. It is also ideal for a school, child care center, or tutoring facility. The property includes an attached, fenced playground with fixed equipment and a charming child-sized gazebo, perfect for outdoor play and activities. The building’s layout also offers the potential for conversion into a multi-office leasing space, making it an excellent choice for businesses or professional services. Whether you’re looking to continue its legacy as an educational facility or transform it into an office space, Airbnb, or something else entirely, this property offers the flexibility to suit your needs.

Property details

MLS #
10192752
Type
Condo
County
Shelby
Listed
2025-03-25
Map
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Listing courtesy of KAIZEN Realty, LLC · 901-221-4041 · © 2026 Memphis Area Association of REALTORS®

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Copyright© 2026 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.

Listing data last updated Nov 12, 2026 8:30 AM.