986 Peabody Ave

Memphis, TN 38104

Apartment building

2 beds

Available units

This building may have units for rent or for sale. Select a unit to contact.

What's special

Modern convenienceHistoric character

Facts, features & policies

Unit features

Flooring

Carpet

Neighborhood: Downtown

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Historic Area
Rich history reflected in architecture, landmarks, and charming old-town character.
Arts Scene
Galleries, murals, and cultural venues showcase creativity and artistic talent.
Dining Scene
From casual bites to fine dining, a haven for food lovers.
Walkable Streets
Pedestrian-friendly layout encourages walking to shops, dining, and parks.

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Midtown’s 38104 blends historic Central Gardens and the creative Cooper‑Young district with leafy streets, front‑porch culture, and an easy, social pace. Expect hot, humid summers and mild winters, lots of live music and theater at Overton Square’s Playhouse on the Square and Hattiloo Theatre, and weekend staples like the Cooper‑Young Festival and the Cooper‑Young Community Farmers Market. Daily life is walkable, with Kroger Midtown, The Fresh Market on Union, and Cash Saver on Madison for groceries; coffee at Otherlands, Bluff City Coffee, or French Truck at Crosstown Concourse; and dining from Central BBQ and The Beauty Shop to Railgarten and Lafayette’s Music Room. Fitness and green time come via the Kroc Center, Peabody Park, and nearby Overton Park with the Overton Bark dog park. It’s pet‑friendly, lively at night, and convenient to CBU, Methodist University Hospital, and quick routes downtown. According to Zillow market trends in recent months, the median rent hovers around $1,300, with most listings roughly $900–$2,000+.

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