# 1324 PEABODY Ave, Memphis, TN 38104 > **TL;DR:** commercial, $1,299,900, built 1924. Est. $6,952/mo. Listed 132 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,299,900 | | Year Built | 1924 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 132 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,573 | | Estimated Insurance | $379 | | **Total** | **$6,952** | ## Property Highlights - Built in 1924 ## Description ### Agent Description Exceptional Midtown Memphis commercial opportunity! Sale includes two parcels 1324-1330 Peabody Ave, featuring a restaurant building, Pearl's Tea & Coffee House. Prime high-visibility location in the heart of Midtown near Central Gardens, Overton Square, Downtown Memphis, and the Medical District. Excellent frontage, strong traffic exposure, ample parking, and easy access. Ideal for investors, owner-users, or redevelopment. Property offers income-producing potential, excellent visibility, established customer traffic, and future growth opportunities in one of Memphis' most sought-after commercial districts. Rare chance to acquire a multi-parcel assemblage in a thriving area surrounded by restaurants, retail, offices, and residential neighborhoods. High-demand location with convenient access to major thoroughfares and minutes from Downtown Memphis. Contact your agent or David for additional details and showing instructions. ## Location - **Address:** 1324 PEABODY Ave, Memphis, TN 38104 - **County:** Shelby - **Neighborhood:** MAISON RAJI PD AMENDED - **Coordinates:** 35.132884, -90.017443 - **Google Maps:** https://www.google.com/maps?q=35.132884,-90.017443 ## Listing Agent - **Name:** David Truong - **Brokerage:** eXp Realty LLC - **Broker Phone:** (888) 519-5113 ## Photos ![1324 PEABODY Ave - Photo 1](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f1755078171r.jpg) ![1324 PEABODY Ave - Photo 2](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f685086880r.jpg) ![1324 PEABODY Ave - Photo 3](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2209114209r.jpg) ![1324 PEABODY Ave - Photo 4](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3385197310r.jpg) ![1324 PEABODY Ave - Photo 5](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2307703290r.jpg) ![1324 PEABODY Ave - Photo 6](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2244045138r.jpg) ![1324 PEABODY Ave - Photo 7](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2244045138r.jpg) ![1324 PEABODY Ave - Photo 8](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3112802278r.jpg) ![1324 PEABODY Ave - Photo 9](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f796445576r.jpg) ![1324 PEABODY Ave - Photo 10](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f1812971066r.jpg) ![1324 PEABODY Ave - Photo 11](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f4102969400r.jpg) ![1324 PEABODY Ave - Photo 12](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2032804780r.jpg) ![1324 PEABODY Ave - Photo 13](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3624282540r.jpg) ![1324 PEABODY Ave - Photo 14](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f9850296r.jpg) ![1324 PEABODY Ave - Photo 15](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3847465035r.jpg) ![1324 PEABODY Ave - Photo 16](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f540424078r.jpg) ![1324 PEABODY Ave - Photo 17](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3812001987r.jpg) ![1324 PEABODY Ave - Photo 18](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f664544138r.jpg) ![1324 PEABODY Ave - Photo 19](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f129839257r.jpg) ![1324 PEABODY Ave - Photo 20](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f367686888r.jpg) ![1324 PEABODY Ave - Photo 21](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3892158792r.jpg) ![1324 PEABODY Ave - Photo 22](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f1625886644r.jpg) ![1324 PEABODY Ave - Photo 23](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3827243425r.jpg) ![1324 PEABODY Ave - Photo 24](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2517470392r.jpg) ![1324 PEABODY Ave - Photo 25](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2533976451r.jpg) ![1324 PEABODY Ave - Photo 26](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f3366532578r.jpg) ![1324 PEABODY Ave - Photo 27](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2395114942r.jpg) ![1324 PEABODY Ave - Photo 28](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f1332857949r.jpg) ![1324 PEABODY Ave - Photo 29](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f2640899224r.jpg) ![1324 PEABODY Ave - Photo 30](http://lh.rdcpix.com/b70f23bc12277ba7bf32511ddad5491al-f1759339414r.jpg) --- **MLS#:** 10224700 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1324-peabody-ave-memphis-tn-38104-f3d925ca60b549c7a84dd81a1a4a6312) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1324-peabody-ave-memphis-tn-38104-f3d925ca60b549c7a84dd81a1a4a6312#listing", "url": "https://www.propertysimple.ai/listing/1324-peabody-ave-memphis-tn-38104-f3d925ca60b549c7a84dd81a1a4a6312", "name": "1324 PEABODY Ave, Memphis, TN 38104", "description": "Exceptional Midtown Memphis commercial opportunity! Sale includes two parcels 1324-1330 Peabody Ave, featuring a restaurant building, Pearl's Tea & Coffee House. Prime high-visibility location in the heart of Midtown near Central Gardens, Overton Square, Downtown Memphis, and the Medical District. 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