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1509 PRESTON ST Memphis, TN $ 34,500
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$ 34,500 Get more info
1509 PRESTON ST
$ 34,500
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1509 PRESTON ST

Memphis, TN, 38106
$ 34,500
Bedrooms3 Baths1.0 Sq 1,353

Monthly Estimate*

$ 212

1509 PRESTON ST, Memphis, TN 38106 - Image 1

Single Family Home for sale in Memphis, TN

for $34,500 with 3 bedrooms and 1 full bath. This 1,353 square foot home was built in 1917 on a lot size of 0.16.

This vacant property is ready for a new owner and a full overhaul. This is a great investment opportunity in a prime area for growth. Previously rented long term for $600/mo, this property is ready for a new owner to realize it's full potential. Call for a private showing!

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Single Family Active

Price

$ 34,500

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 553

Style

Bungalow

Lot Size

0.16

Year Built

1917

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217541
Features
General
Heating Wall Unit
Cooling Window Unit(s)
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name CENTRAL LAND CO BLK 7
Style Bungalow
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747B South Memphis/61 Hwy
Parcel Number 034002 00014
Sale/Rent For Sale
Status Detail 0
Year Built 1917
Directions From Third St and S Parkway Ave proceed east on S Parkway to Preston and turn right (south). Property is on the right 1509 Preston.
City Memphis
DOM 50
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Interior
Dining Room x
Living Room Separate Dining Room
Beds 3
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 13
Lot Size Area 0.16
Lot Size 50X145
Lot Description Some Trees
Misc. Exterior Porch
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* Excluded Features
List By
Sowell, Realtors

Broker

Affordability Calculator

$259
Per Month
82%
18%
0%
Monthly Principal & Interest
$212
Monthly Property Taxes
$46
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
4/20/2026$34,500 -1.43% Price Down
3/24/2026$35,000 Listed Price

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1509 PRESTON ST, Memphis, TN, 38106 is a Single Family Home for sale at $34,500 with 1,353 sqft and a lot size of 0.16. 1509 PRESTON ST has 3 bedrooms, 1.0 baths, and was built in 1917. The property's zip code is 38106 which is in Memphis, TN

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