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Two-Unit Residential Income Duplex

564 W PEEBLES Rd Memphis, TN 38109

564 W PEEBLES Rd, Memphis, TN, 38109
$119,000
For Sale
$119,000

MULTI_FAMILY - Memphis, TN

Days on Market73

Property Features for 564 W PEEBLES Rd

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
180

Building Details

Year built
1910
Architectural style
Other
Listing Agency Crye-Leike, Inc., REALTORS
6525 N Quail Hollow Rd, Memphis, TN
Listed by Tyler Tapley · License #296080
Added: May 6 Checked: Jul 17 at 6:06 am
MLS# 10220910 Listing URL

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This residential income duplex offers two separate living units: a front 2-bedroom, 1-bath home and a rear detached 1-bedroom, 1-bath unit. The detached unit is currently rented for $400 per month. In the main home, the seller has completed multiple repairs and upgrades, including a new kitchen with new countertops, new tile, and new cabinets, along with new flooring and fresh interior and exterior paint. Bathrooms have also been upgraded, and overall improvements appear focused on bringing the primary residence to move-in condition.

The property is located at 564 W Peebles Rd in Memphis, TN 38109, in Shelby County.

For an owner-occupant buyer, the seller notes the home qualifies for a special 100% financing program. FHA/VA and conventional offers are also described as welcome. For investors or owner-occupants interested in offsetting expenses with rental income, the detached rear unit provides an additional, separately located 1-bedroom opportunity while the front unit remains the primary focus of the recent renovation work. The seller is also offering additional nearby properties for sale, and notes that multiple purchases may be considered either in bulk or individually.

Key Highlights

  • Front home: 2 bed / 1 bath (year built 1910) with new kitchen featuring new countertops, tile, and cabinets
  • Upgrades in main home include fresh interior/exterior paint and new flooring
  • Updated bathrooms in the main home (1 full bath and additional bath listed)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant HVAC Service Parking Lot & Garage Auto Parts Store Auto Repair Shop Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Front 2 bed, 1 bath plus a rented detached 1 bed, 1 bath unit, with recent upgrades in the main home.
Where is this duplex located?
The property is located at 564 W PEEBLES Rd Memphis, TN.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Front home: 2 bed / 1 bath (year built 1910) with new kitchen featuring new countertops, tile, and cabinets; Upgrades in main home include fresh interior/exterior paint and new flooring; Updated bathrooms in the main home (1 full bath and additional bath listed)
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