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
Price cut: $400 (2/5)
$129,500
564 W Peebles Rd, Memphis, TN 38109
--beds
--baths
9,800sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$13/sqft
$-- HOA
What's special
Charming front porchLow-maintenance brick exteriorUpdated kitchenCentral heat and air
- 110 days |
- 316 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: February 05, 2026 at 10:53am
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: $13/sqft
- Tax assessed value: $73,900
- Annual tax amount: $682
- Date on market: 10/24/2025
- Cumulative days on market: 170 days
- Listing terms: Conventional
- Lease term: Other (Call LA)
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$793/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Price change | $129,500-0.3%$13/sqft |
Source:  MAAR #10204349 Report a problem | ||
| 1/19/2026 | Price change | $129,900-3.7%$13/sqft |
Source: MAAR #10204349 Report a problem | ||
| 1/6/2026 | Price change | $134,900-3.6%$14/sqft |
Source: MAAR #10204349 Report a problem | ||
| 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 | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $974 +42.9% | $18,475 +78.5% |
| 2024 | $682 +8.1% | $10,350 |
| 2023 | $630 | $10,350 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$651/mo
Principal & interest
$502
Property taxes
$104
Home insurance
$45
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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