$70,000
 $376 est/mo Sourced by Back At You

1561 Preston St,Memphis, TN 38106

Memphis, TN 38106

Share:

Description

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~

Details

MLS #10221417
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1997
Days On Site114
Listing Provided ByZach Taylor Real Estate | Tara Woodley

Features

Bed(s)3
Bath(s) 1 Total
Story(s)1
Acreage0.18
Property ViewOther (See Remarks), Some Trees

Interior

Number Of Rooms5
CoolingCentral
HeatingCentral

Exterior

RoofComposition Shingles
Lot DescriptionOther (See Remarks), Some Trees

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | 61 Hwy
Subarea747B
Community NameCENTRAL LAND CO BLK 8
Listing VS Median (in CENTRAL LAND CO BLK 8)
Price:
$70,000
low | high
Med:
$0
On site:
114
low | high
Med:
Sourced by Back At You

Market Activity 38106

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Kaizen Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.

Contact

Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38106
AreaSouth Memphis | 61 Hwy
Subarea747B
Community NameCENTRAL LAND CO BLK 8
Listing VS Median (in CENTRAL LAND CO BLK 8)
Price:
$70,000
low | high
Med:
$0
On site:
114
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $52K - $87K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1590 LATHAM ST E Property Photo 1
$900
1590 Latham St E
Memphis, TN 38106
1515 PRESTON ST Property Photo 1
$5,000
1515 Preston St
Memphis, TN 38106
Listing Updated: September 1, 2026 at 11:59:00 AM PDT