Updated 4 Hours Ago
Highlights
- Prime location
- Washer and dryer
- Off-street parking
- Closet space
- Central hvac
- Beautiful hardwood floors
Location
1400 Peabody Ave #DOWN, Memphis, TN 38104, USA|Central Gardens
Tour 1400 Peabody Ave #DOWN
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Amenities for 1400 Peabody Ave #DOWN, Central Gardens
Apartment Amenities
| Balcony | Hardwood Floor |
Appliances
| In-Unit Laundry |
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 1400 Peabody Ave #DOWN
Property Status: Active Experience the elegance and warmth of true Southern charm in this spacious first floor 3-bedroom, 2-bath duplex located in the heart of Central Gardens. With 2,000+ square feet of living space, this home features airy, open rooms with beautiful hardwood floors and classic heavy moldings throughout. Entertain guests or relax with a drink on the expansive, covered balcony- a perfect spot to enjoy the neighborhood. Inside, the large kitchen is open to the living area and has a nice wrap around counter/breakfast bar (all appliances included). Convenience is key with a washer and dryer, plenty of closet space, and central HVAC. This charming gem offers off-street parking and is priced below comparable properties. Enjoy the best of Central Gardens, with a lovely large front porch and backyard to match. Located just minutes from Overton Park, Overton Square, Cooper-Young, the Medical District, Crosstown Concourse, and Downtown, this home is in a prime location. Don't miss out! Owner Agent. 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1400 Peabody Ave #DOWN compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 miles away
- More space
- The 3-bedroom is 427 sqft larger than other listings nearby
- Public transit nearby
- Only 0.9 miles from transit
- Balcony
- Easy access to the outdoors
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
Address details
| Neighborhood | Central Gardens |
|---|---|
| Zip code | 38104 |
| Type | Apartment for rent |
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Rent trends in Central Gardens
3-bedroom apartments at 1400 Peabody Ave #DOWN cost about 3% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Nov 7 2026.
Central Gardens
Memphis
| Month | Median Rent |
|---|---|
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| September 2026 | $1,350 |
| October 2026 | $1,350 |
| November 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,200 |
| December 2024 | $2,200 |
| January 2025 | $2,212 |
| February 2025 | $2,200 |
| March 2025 | $2,187 |
| April 2025 | $2,185 |
| May 2025 | $2,100 |
| July 2025 | $2,800 |
| August 2025 | $2,700 |
| September 2025 | $1,800 |
| October 2025 | $1,800 |
Affordability calculator
Can I afford to live at 1400 Peabody Ave #DOWN?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 3-bedrooms monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Schools near 1400 Peabody Ave #DOWN
Bruce Elementary School
581 s bellevue blvd
memphis, TN, 38104
PK, K-5Public
C
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Getting around Memphis near 1400 Peabody Ave #DOWN
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1400 Peabody Ave #DOWN, Memphis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
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Autumn Ridge Apartments
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Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
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