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1561 Preston StMemphis, TN 38106

CENTRAL LAND CO BLK 8 · Shelby County

$69,000List price
3Beds
1Baths
974Sq Ft
1997Year built
0.18Acre lot
1Stories
5 months agoOn market

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~

Property Information

Property type
Residential
Sub-type
Single Family Residence
Style
Traditional
Year built
1997
Stories
1
Building area
974 Sq Ft
Lot size
0.18 acres
Days on market
161
MLS® Listing#
10221417

Property Features

Cooling
Central Air
Heating
Central
Flooring
Tile · Vinyl
Pool
None
Parking
Driveway
Patio
Porch
Lot features
Wooded
Construction
Brick Veneer
Roof
Composition · Shingle
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$823
Parcel number
034013 00008

Directions

Take 55 North to S Parkway West, Exit 26B, Right on Preston.

Listing Courtesy: Zach Taylor Real Estate - Phone: 901-603-3419

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

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