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$66,500   Price Analysis
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1561 Preston St
Memphis, TN 38106
3 bed 1 bath unknown SqFt ($0/SqFt)
7,841SqFt lot. Built 1997
Listed 2024-04-26, Taxes $453
Ⓧ USDA Ineligible
due to location

near Memphis

Investors!

* Has Contingent Offer *

Welcome to a lovely 3 Bed/1 Bath rental that is cash flowing at $850 per month. Located close to entertainment and commerce, this ne ighborhood is prime for growth.

The current lease runs through September 2024, so don't miss ths opportunity to expand your portfolio!


Presented by Trey McElroy at
Sowell Realtors.
Listing Agent Photo

Property MLS #10171061 from Memphis

Bedrooms: 3

Total Rooms: 5

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Range/Oven

Cooling Features: Central
Heating Features: Central

Interior Amenities: Separate Living Room, Washer/Dryer Connections, All Bedrooms Down, Heated SqFt Range: 100-999
Flooring: Wood Laminate Floors

Storage

Lot Description: Some Trees
Lot Size Acres: 0.18
Lot Size Dimensions: 53X151
Lot Size Square Feet: 7841

Parking Features: Driveway/Pad

Unit Type: Ground Level-Single Story

Annual Tax Amount: 253
Source Listing Status: Contingent
County: Shelby
Directions: From the intersection of South Pkwy E and Hwy 61, head East on South Pkwy E to Preston St, turn right (South). After passing E Waldorf Ave, property is on the right (West) side.
Source Property Type: Residential
Area: South Memphis/61 Hwy
Source Neighborhood: CENTRAL LAND CO BLK 8
Subdivision: CENTRAL LAND CO BLK 8
Property Subtype: Detached Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$6,700 + $750
$7,450
$453
2021$6,700 + $750
$7,450
$459
2020$6,900 + $750
$7,650
$554
2019$6,900 + $750
$7,650
$554
2018$6,900 + $750
$7,650
$554
2017$6,900 + $750
$7,650
$314
2016$7,650 + $750
$8,400
$367
2015$7,650 + $750
$8,400
$367
2014$7,650 + $750
$8,400
$367
2013$7,650 + $750
$8,400
$367
2012$9,425 + $1,350
$10,775
$433
2010$9,425 + $1,350
$10,775
$433
2007$8,750 + $1,350
$10,100
$754
2006$8,750 + $1,350
$10,100
$754

Listed 2024-04-26
$66,500
Memphis
Sold 2022-08-12
$57,000
Public Record
Sold 1997-01-01
$39,500
Public Record

Year Built: 1997
Building Exterior Type: Vinyl Siding
Property Age: 27
Levels or Stories: 1
Structure Type: General Residential
House Style: Traditional
Year Built Details: Existing Property
SqFt Maximum: 999
SqFt Minimum: 100

A B Hill Elementary School is a public elementary school located approximately 0.4 miles away.
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Riverview Middle School is a public elementary and middle school located approximately 1.3 miles away.
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Hamilton High School is a public high school located approximately 2 miles away.
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Creative Life Preparatory School is a private elementary, middle and high school located approximately 1.5 miles away.
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Click Thumbnail Images To View Full Size
house_viewliving_roomliving_roomdining_roomunknown
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.