TN
Shelby
Memphis
38107
1562 Preston Street
1562 Preston Street, Memphis, TN 38107
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Listing Type
Single Family
Listing Status
active
1
$20,000

Home Details for 1562 Preston Street

Price
$20,000
Type
Residential
Bedrooms
4
Bathrooms
2.0
Square feet
1448
Year built
1912
Lot size acres
0.18
County
Shelby
Total rooms
8
Garage
Days on site
0
MLS Listing#
9987884
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.

Property Features
  • Heating Information
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  • Water Features
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School Information
School Information for 1562 Preston Street, Memphis, TN 38107
Elementary School
Out Of Area
Middle School
Out Of Area
High School
Out Of Area
Listing Courtesy: NextHome Magnolia Realty - 423-631-5723
Presented by: Seth Lester
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. 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 ©2025 Tennessee Virginia Regional MLS. All Rights Reserved.
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Market statistics compiled from data from Tennessee Virginia Regional MLS.
EXIT REALTY TRI-CITIES
1604 Lamons Lane #201, Johnson City, TN 37604
Office
423 806 0400
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