509 LEATH ST Memphis, TN $ 55,000
509 LEATH ST
$ 55,000
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509 LEATH ST

Memphis, TN, 38105
$ 55,000
Bedrooms3 Baths1.0 Sq 1,396

Monthly Estimate*

$ 347

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Single Family Home for sale in Memphis, TN

for $55,000 with 3 bedrooms and 1 full bath. This 1,396 square foot home was built in 1925 on a lot size of 0.21.

Investor opportunity with a lot of potential already built into the existing footprint. Currently configured as a 3-bedroom, 1-bath home with separate living and dining rooms, this property offers a solid starting point for a full renovation. The interior has already been opened up in several areas, providing good visibility into the home’s framing and existing structure. Despite the amount of renovation needed, the home appears to have good bones and a functional layout that lends itself well to redevelopment. Bring your contractor and your vision. With the right renovation plan, this property offers an opportunity to improve both the condition and functionality of the home rather than simply putting finishes over an outdated floor plan. Property is being sold as-is. No wholesalers, or contract assignment.

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Single Family Active

Price

$ 55,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 770

Style

Traditional

Lot Size

0.21

Year Built

1925

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10230343

Features
General
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name GATES
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 741E Harbor Town/Downtown
Parcel Number 001113 00010
Sale/Rent For Sale
Status Detail 0
Year Built 1925
Directions From N Parkway turn south onto N Dunlap St. Turn east onto Leath St property will be on your left.
City Memphis
DOM 19
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Interior
Living Room Separate Living Room
Beds 3
Total Baths 1
Number of Rooms 5
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Exterior
Pool None
Lot 25
Lot Size Area 0.21
Lot Size 50X191
Lot Description Some Trees Level
Misc. Exterior Porch
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* Excluded Features
List By
Advantage Property Management

Broker

Affordability Calculator

$411
Per Month
84%
16%
0%
Monthly Principal & Interest
$347
Monthly Property Taxes
$64
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
9/12/2026$55,000 Listed Price

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509 LEATH ST, Memphis, TN, 38105 is a Single Family Home for sale at $55,000 with 1,396 sqft and a lot size of 0.21. 509 LEATH ST has 3 bedrooms, 1.0 baths, and was built in 1925. The property's zip code is 38105 which is in Memphis, TN