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Renovated Duplex
New
For Sale
$150,000

869 PEARCE St, Memphis, TN 38107

MULTI_FAMILY - Memphis, TN

Property SizeContact for details
Days on Market3

Property Features for 869 PEARCE St

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2
Subdivision Churchwood Terrace S/D
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1526

Building Details

Year built 1948
Architectural style Other
Listing Agency: Renshaw Company, REALTORS
Listed By: Caleb Parr · License #340494
Added: Aug 3 Changed: Aug 5 Last Checked: Aug 5 at 5:06AM
MLS# 10227526

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 duplex, built in 1948, has undergone recent renovations and is configured as two residential units. Both sides are currently rented, and professional management is already established for the property.

The property is located at 869 Pearce St in Memphis, within ZIP Code 38107 and near downtown. The recorded room information includes four bedrooms and two bathrooms in total. Showings require an accepted offer, and prospective parties are instructed to view the property from the street without disturbing tenants.

Key Highlights

  • Renovated duplex with two residential units
  • Both sides are currently rented
  • Professional property management already in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 38107, TN

15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property near downtown Memphis with professional management already in place.
Where is this duplex located?
The property is located at 869 PEARCE St Memphis, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Renovated duplex with two residential units; Both sides are currently rented; Professional property management already in place
More about this property
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