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1561 PRESTON ST Memphis, TN $ 73,000
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1561 PRESTON ST
$ 73,000
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1561 PRESTON ST

Memphis, TN, 38106
$ 73,000
Bedrooms3 Baths1.0 Sq 974

Monthly Estimate*

$ 449

1561 PRESTON ST, Memphis, TN 38106 - Image 1
1561 PRESTON ST, Memphis, TN 38106 - Image 2
1561 PRESTON ST, Memphis, TN 38106 - Image 3
1561 PRESTON ST, Memphis, TN 38106 - Image 4
1561 PRESTON ST, Memphis, TN 38106 - Image 5
1561 PRESTON ST, Memphis, TN 38106 - Image 6
1561 PRESTON ST, Memphis, TN 38106 - Image 7
1561 PRESTON ST, Memphis, TN 38106 - Image 8
1561 PRESTON ST, Memphis, TN 38106 - Image 9
1561 PRESTON ST, Memphis, TN 38106 - Image 10
1561 PRESTON ST, Memphis, TN 38106 - Image 11
1561 PRESTON ST, Memphis, TN 38106 - Image 12
1561 PRESTON ST, Memphis, TN 38106 - Image 13

Single Family Home for sale in Memphis, TN

for $73,000 with 3 bedrooms and 1 full bath. This 974 square foot home was built in 1997 on a lot size of 0.18.

Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~

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Single Family Active

Price

$ 73,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 823

Style

Traditional

Lot Size

0.18

Year Built

1997

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10221417
Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name CENTRAL LAND CO BLK 8
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747B South Memphis/61 Hwy
Parcel Number 034013 00008
Sale/Rent For Sale
Status Detail 0
Year Built 1997
Directions Take 55 North to S Parkway West Exit 26B Right on Preston.
City Memphis
DOM 2
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Interior
Living Room LR/DR Combination Other (See Remarks)
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 21
Lot Size Area 0.18
Water & Sewer Public Sewer Public Water
Lot Size 53X151
Lot Description Other (See Remarks) Some Trees
Misc. Exterior Wrought Iron Security Drs Porch Other (See REMARKS)
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* Excluded Features
List By
Zach Taylor Real Estate

Broker

Affordability Calculator

$518
Per Month
87%
13%
0%
Monthly Principal & Interest
$449
Monthly Property Taxes
$69
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
Date Price Price Change Description
5/12/2026 $73,000 Listed Price

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1561 PRESTON ST, Memphis, TN, 38106 is a Single Family Home for sale at $73,000 with 974 sqft and a lot size of 0.18. 1561 PRESTON ST has 3 bedrooms, 1.0 baths, and was built in 1997. The property's zip code is 38106 which is in Memphis, TN

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