893 PEARCE ST Memphis, TN $ 150,000
893 PEARCE ST
$ 150,000
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893 PEARCE ST

Memphis, TN, 38107
$ 150,000
Bedrooms2 Baths2.0 Sq 1,072

Monthly Estimate*

$ 947

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Multi-Family Home for sale in Memphis, TN

for $150,000 with 2 bedrooms and 2 full baths. This 1,072 square foot home was built in 1950.

Fully renovated income-producing duplex offering an excellent opportunity for investors seeking a low-maintenance, cash-flowing asset in a central Memphis location. Just minutes from both downtown and midtown, this all-brick property completed a major renovation in 2023 and is ready to perform from day one. Each side features a comfortable 1 bedroom / 1 bathroom layout with central heat and air. The units are mirror-matched at $915/month each, for a gross potential rent of $1,830/month ($21,960/year). One side is already leased to a tenant in place at $915, while the opposite side is currently being marketed at the same rate — giving a new owner immediate income plus upside as the second unit leases up. The property is professionally managed, making it an ideal fit for hands-off and out-of-state investors who want a stabilized asset without the day-to-day operational burden. No showings without accepted offer. No creative/seller finance

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Multi-Family Active

Price

$ 150,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,015

Style

Traditional

Year Built

1950

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10228410

Features
General
Heating Central
Cooling Central Cooling
Roof Composition Shingles
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name Churchwood Terrace S/D
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 741. Harbor Town/Downtown
Parcel Number 027035 00004
Sale/Rent For Sale
Status Detail 0
Year Built 1950
Directions From Downtown Memphis take Jackson Ave west. Turn right onto N Watkins St then left onto Pearce St. Continue to 893 Pearce St Memphis TN 38107. The property will be on your right.
City Memphis
DOM 0
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Exterior
Foundation Conventional
Pool None
Lot Size 64X125
Lot Description Level
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,032
Per Month
92%
8%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$85
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$150,000 Listed Price

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893 PEARCE ST, Memphis, TN, 38107 is a Multi-Family Home for sale at $150,000 with 1,072 sqft. 893 PEARCE ST has 2 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 38107 which is in Memphis, TN