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581 WATSON ST Memphis, TN $ 140,000
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581 WATSON ST
$ 140,000
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581 WATSON ST

Memphis, TN, 38111
$ 140,000
Bedrooms3 Baths2.0 Sq 1,261

Monthly Estimate*

$ 967

581 WATSON ST, Memphis, TN 38111 - Image 1
581 WATSON ST, Memphis, TN 38111 - Image 2
581 WATSON ST, Memphis, TN 38111 - Image 3
581 WATSON ST, Memphis, TN 38111 - Image 4

Single Family Home for sale in Memphis, TN

for $140,000 with 3 bedrooms and 2 full baths. This 1,261 square foot home was built in 1939 on a lot size of 0.19.

Investment opportunity! This 3 bedroom, 2 bathroom property is currently tenant occupied and generating $1,200 per month in rental income. The existing lease expires in July 2027. No showings will be permitted until an offer has been accepted. Great opportunity for investors looking to expand their rental portfolio with established rental income.

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Single Family Active

Price

$ 140,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,151

Style

Traditional

Lot Size

0.19

Year Built

1939

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10232812
Features
General
Heating Gas
Cooling Central
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name EBERHARTS WATSON ST S/D OF S 100 FT LOT
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 758A Getwell/Park
Parcel Number 046054 00003
Sale/Rent For Sale
Status Detail 0
Year Built 1939
Directions See GPS for most accurate directions.
City Memphis
DOM 0
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Interior
Living Room Separate Living Room
Beds 3
Total Baths 2
Number of Rooms 7
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Exterior
Pool None
Lot 1
Lot Size Area 0.19
Lot Size 50X167
Lot Description Some Trees
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,146
Per Month
84%
16%
0%
Monthly Principal & Interest
$967
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2026$140,000 Listed Price

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581 WATSON ST, Memphis, TN, 38111 is a Single Family Home for sale at $140,000 with 1,261 sqft and a lot size of 0.19. 581 WATSON ST has 3 bedrooms, 2.0 baths, and was built in 1939. The property's zip code is 38111 which is in Memphis, TN

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