Back 516/516 Peabody Square
Off Market

516/516 Peabody Square

Memphis TN 38104

2
1
1320 sq. ft.
0.02 ac.
Condo
Last sold for $205,000
Jan JonesJan Jones, last sold this property on 26 June 2026 after 526 days on market.

Overview

Welcome to 516 Peabody Square-Midtown’s best kept secret! This charming end-unit townhome is filled with natural light, neutral tones, & beautiful hardwood floors offering a warm space you'll love to come home to! The spacious open-concept downstairs is perfect for hosting cozy study nights or birthday celebrations. The kitchen features all new stainless steel appliances, plenty of counter space, a pantry, & newer cabinets. Upstairs offers two bedrooms including a primary suite with a full bath and a second bedroom with a half bath. This location offers easy access to UT Health Science Center, SCO, & the Medical District. Located between Overton Square & Cooper Young-you'll enjoy the walkability to local favorites like Otherlands, Barksdale, or Slider Inn. Community amenities include pool, clubhouse, & HOA covers roof, landscaping, exterior maintenance, trash & water. Move-in ready with refrigerator, washer, & dryer included!

Features

2 bedrooms
1 bathroom
1320 sq. ft. floor area
0.02 ac. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Memphis over the last 12 months, the estimated median property value of 516/516 Peabody Square is $183k.

Median value
$183k
Estimated value range
$31.5k - $231k
Median days on market
55
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516/516 Peabody Square

2026
Sold
$205,000
26 Jun 2026 by Jan Jones, of Groome & Co.
2023
Sold
$219,000
06 Apr 2023 by Morgan Ray, of Ware Jones, REALTORS
2020
Sold
$158,000
26 May 2020 by Sharon Ellis, of Crye-Leike, Inc., REALTORS

Happy sellers in Memphis

~%

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.

Local market activity for 2 bedroom condos in Memphis

In the last 12 months, 6 two-bedroom condos similar to 516/516 Peabody Square, have been sold.

This represents a 67% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Memphis

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent