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893 PEARCE ST, Memphis, TN 38107

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
893 PEARCE ST,Memphis, TN 38107
$150,000
  • - Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: caleb parr
Office: renshaw company, realtors
MLS#:10228410
Source:TN_MAAR

Price summary

  • Price:$150,000

About this home

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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Home facts

  • Year built:1950
  • Subdivision & Development:Churchwood Terrace
  • Listing ID #:10228410
  • Added:1 day(s) ago
  • Updated:August 14, 2026 at 08:04 PM

Rooms and interior

  • Total bathrooms:1
  • Basement Description:Conventional

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1950
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Foundation Description:Conventional
  • Levels:1 Story

Finances and disclosures

  • Price:$150,000
  • Tax amount:$1,015
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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