Property Attributes
- MLS#10224611
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaSouth Memphis-61 Hwy
- NeighborhoodAVERY
- Zip38106
- StyleTraditional
- Year Built1950
- Taxes$ 392
- Price$ 70,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage956
- Lot Size0.23 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month. Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown Memphis, this property is well-positioned for long-term rental demand. Bonus: 1574 Leland St can be purchased individually or as a package deal with the neighboring property at 1570 Leland St. These side-by-side homes can be sold together or separately, giving investors flexibility and the chance to maximize their returns. Don't miss this affordable value-add opportunity in one of the nation's top investment markets. Contact listing agent with any additional questions.
| Price History | |
|---|---|
| 6/24/2026 | Listed $70,000 |
General Features
| Heating | Other (See REMARKS) |
|---|---|
| Cooling | Other (See REMARKS) |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | AVERYS RE |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 747B |
| Parcel Number | 034054 00023 |
| Status | Active |
| Annual City Tax | 192 |
| Annual County Tax | 200 |
| Sale/Rent | For Sale |
| Area | South Memphis/61 Hwy |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1950 |
| Directions | 1574 Leland st |
| City | Memphis |
| DOM | 86 |
Interior Features
| Living Room | Other (See Remarks) |
|---|---|
| Beds | 2 |
| Total Baths | 1 |
| Number of Rooms | 4 |
| Downstairs Bedrooms | 1 |
| FLOORS/CEILINGS | Other (See REMARKS) |
Exterior Features
| Pool | None |
|---|---|
| Lot | 31 |
| Lot Size Area | 0.23 |
| Lot Size | 45X142 |
| Parking Display | No |
| Lot Description | Other (See Remarks) |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Other (See REMARKS) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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