Unique 2-for-1 Opportunity – Renovated Home + Rental Unit! Don’t miss this rare chance to own two homes on one lot! The front property is a beautifully renovated 2BR/1BA featuring an updated kitchen and bath, central heat & air, low-maintenance brick exterior, and a charming front porch to enjoy. Behind it sits a separate 1BR/1BA home currently occupied on a month-to-month lease at $500/month, providing instant rental income. Whether you’re looking for a primary residence with supplemental income or a solid investment property, this setup is hard to beat. With fresh updates, strong rental potential, and a versatile layout, this property delivers both comfort and cash flow!
For sale
$139,900
564 W Peebles Rd, Memphis, TN 38109
--beds
--baths
9,800sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$14/sqft
$-- HOA
What's special
Charming front porchLow-maintenance brick exteriorUpdated kitchenCentral heat and air
- 64 days |
- 184 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: October 24, 2025 at 01:57pm
Listed by:
Caleb Parr,
Renshaw Company, REALTORS 901-820-4367
Source: MAAR,MLS#: 10204349
Tour with a local agent
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Connections
Features
- Flooring: Vinyl
- Basement: Crawl Space
Interior area
- Total interior livable area: 9,800 sqft
Property
Parking
- Parking features: Gravel
Lot
- Size: 9,800 Square Feet
- Dimensions: 50 x 196
Details
- Parcel number: 075001 00055
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Heiskell
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $14/sqft
- Tax assessed value: $41,400
- Annual tax amount: $682
- Date on market: 10/24/2025
- Cumulative days on market: 124 days
- Listing terms: Conventional
- Lease term: Other (Call LA)
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$715/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listed for sale | $139,900+74.9%$14/sqft |
Source:  MAAR #10204349 Report a problem | ||
| 8/27/2024 | Listing removed | -- |
Source: MAAR #10177462 Report a problem | ||
| 7/22/2024 | Listed for sale | $80,000+60%$8/sqft |
Source: MAAR #10177462 Report a problem | ||
| 9/22/2023 | Sold | $50,000$5/sqft |
Source: Public Record Report a problem | ||
| 7/18/2023 | Sold | $50,000-28.6%$5/sqft |
Source: MAAR #10146494 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $682 +8.1% | $10,350 |
| 2023 | $630 | $10,350 |
| 2022 | -- | $10,350 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$867/mo
Principal & interest
$717
Property taxes
$101
Home insurance
$49
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 3/10Ford Road Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Chickasaw Junior High SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Mitchell High SchoolGrades: 9-12Distance: 0.7 mi
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