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1562 PRESTON ST Memphis, TN $ 18,500
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1562 PRESTON ST
$ 18,500
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1562 PRESTON ST

Memphis, TN, 38106
$ 18,500
Bedrooms4 Baths1.1 Sq 1,589

Monthly Estimate*

$ 114

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Single Family Home for sale in Memphis, TN

for $18,500 with 4 bedrooms and 1 full bath, 1 half bath. This 1,589 square foot home was built in 1945 on a lot size of 0.17.

4 bed, 1.5 bath property in heavily distressed condition—ideal for investors seeking a full gut rehab opportunity. Property shows significant deferred maintenance and will require extensive repairs throughout, including major interior and exterior work. Sold as-is with no repairs. Seller is highly motivated.

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Single Family Active

Price

$ 18,500

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 400

Style

Lot Size

0.17

Year Built

1945

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217260
Features
General
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Fireplaces 1
Status Active Active
Full Baths 1
Half Baths 1
Legal Subdivision Name CENTRAL LAND CO BLK 5
Style Other (See Remarks)
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747B South Memphis/61 Hwy
Parcel Number 034012 00021
Sale/Rent For Sale
Status Detail 0
Year Built 1945
Directions On I-55 take exit 7 ~ Take Latham St ~ Turn right to E Essex Ave ~ Turn left onto Preston ST House will be on your right.
City Memphis
DOM 1
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Interior
Living Room Other (See Remarks)
Beds 4
Total Baths 1.1
Number of Rooms 6
Downstairs Bedrooms 1
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Exterior
Pool None
Lot 6
Lot Size Area 0.17
Lot Size 53X145
Lot Description Other (See Remarks)
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Fast Track Realty, Llc

Broker

Affordability Calculator

$147
Per Month
77%
23%
0%
Monthly Principal & Interest
$114
Monthly Property Taxes
$33
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
3/20/2026$18,500 Listed Price

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1562 PRESTON ST, Memphis, TN, 38106 is a Single Family Home for sale at $18,500 with 1,589 sqft and a lot size of 0.17. 1562 PRESTON ST has 4 bedrooms, 1.1 baths, and was built in 1945. The property's zip code is 38106 which is in Memphis, TN

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