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Canaan Heath

canaan@realtorcanaan.com +1(276) 492-4662

$ 25,000

Est. payment -/mo

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1562 Preston ST Memphis, TN 38107

4 Beds

2 Baths

1,448 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,448 sqft

Price per Sqft $17

Subdivision Not Listed

MLS Listing ID 9987884

Style Cottage

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N No

Total Fin. Sqft 1448

Year Built 1912

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 53X145

Property Sub-Type Single Family Residence

Source Tennessee/Virginia Regional MLS

Property Description

Calling all investors and visionaries! Located in the heart of Memphis, 1562 Preston Street offers an excellent opportunity for redevelopment or restoration. According to public records, this property features four bedrooms, one and a half bathrooms, and approximately 1,448 square feet of living space. Built in 1912, the home reflects the charm and character of its era but is in need of extensive repairs throughout.

Please note that there is no interior access and no interior photos available. The property is being sold as-is, and the primary value lies in the land and its potential for future use. Whether you're looking to restore a historic structure or clear the site for a fresh start, this parcel provides a solid foundation in an established neighborhood.

With the right vision and investment, 1562 Preston Street could become a standout project in a growing Memphis market. This is a chance to bring new life to a classic property while capitalizing on the area's continued development and demand. *Buyer and buyer's agent to verify all information contained herein. Deemed reliable, but not guaranteed. *Equal Housing Opportunity. Assignment of contract. Wholesaler holds equitable interest and has limited power of attorney from seller for document execution only.

Location

State TN

County Shelby

Community Not Listed

Area 0.18

Zoning R6

Direction Beginning on I-69, take exit 28B toward S Parkway West. Take S Pkwy E to Preston St. Merge onto College St, 157 ft, turn right onto S Pkwy E. 1.3 mi, turn left onto Preston St. Destination will be on the left.

Interior

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Roof Type Shingle

Topography Level

Building

Entry Level Two

Water See Remarks

Architectural Style Cottage

Structure Type Wood Siding,See Remarks

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools Out Of Area

High Schools Out Of Area

Others

Senior Community No

Tax ID 034012 00021

Acceptable Financing Cash

Listing Terms Cash

Listed by Seth Lester • NextHome Magnolia Realty