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

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!

116 days

280

14

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: 176 days
Listing terms: Conventional
Lease term: Other (Call LA)
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

$774/mo

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
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
5/21/2023	Pending sale	$70,000$7/sqft
Source: MAAR #10146494 Report a problem
4/24/2023	Listed for sale	$70,000$7/sqft
Source: MAAR #10146494 Report a problem

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
2022	--	$10,350
2021	--	$10,350 -15%
2020	$389	$12,175
2019	$389 -21.1%	$12,175
2018	$493 -45.1%	$12,175
2017	$899 +306.7%	$12,175 +87.3%
2016	$221 -54.2%	$6,500
2014	$482	$6,500
2013	--	$6,500 -57%
2011	--	$15,125
2010	--	$15,125
2009	--	$15,125 -24.7%
2008	--	$20,075
2007	--	$20,075
2006	--	$20,075
2005	--	$20,075 +49.5%
2004	--	$13,425
2003	--	$13,425
2002	--	$13,425
2001	--	$13,425 +13.3%
2000	--	$11,850