1336 Peabody Ave, Memphis, TN 38104

Property Description

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.