For sale

$40,000

1570 Leland St, Memphis, TN 38106

3beds

864sqft

Get pre-qualified

Single Family Residence

Built in 1928

7,840 Square Feet Lot

$-- Zestimate^®

$46/sqft

$-- HOA

What's special

Investor Opportunity!!! Calling all cash buyers, builders, and investors! Located just minutes from Downtown Memphis, this 3-bedroom, 1-bathroom property offers a prime opportunity for redevelopment or a complete renovation project. The home requires a full rehab and is being sold as-is. Whether you're looking to restore the existing structure, add to your rental portfolio, or tear down and build new, this property offers plenty of potential for the right investor. Bonus: The neighboring property at 1574 Leland Street is also available and can be purchased individually or as part of a package deal, providing additional investment and redevelopment opportunities. Don't miss your chance to secure an affordable property in a growing Memphis market. Contact the listing agent for more information.

25 days

310

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Width: 0

Dining room

Width: 0

Living room

Width: 0

Den

Width: 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 864 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 7,840 Square Feet
Dimensions: 61 x 135
Features: Other (See Remarks)

Details

Parcel number: 034054 00024

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1928

Community & HOA

Community

Subdivision: Averys Re

Location

Region: Memphis

Financial & listing details

Price per square foot: $46/sqft
Tax assessed value: $26,900
Annual tax amount: $355
Price range: $40K - $40K
Date on market: 6/24/2026
Cumulative days on market: 26 days

Estimated market value

Not available

Estimated sales range

Not available

$1,007/mo

Price history

Date	Event	Price
6/24/2026	Listed for sale	$40,000$46/sqft
Source: MAAR #10224612 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$354 +14.5%	$6,725 +43.1%
2024	$310 +8.1%	$4,700
2023	$286	$4,700
2022	--	$4,700
2021	--	$4,700 -5.1%
2020	$158	$4,950
2019	$158 -21.1%	$4,950
2018	$200 -45.1%	$4,950
2017	$365 +117.1%	$4,950
2016	$168 -13.8%	$4,950
2014	$195	$4,950
2013	--	$4,950 -19.2%
2012	--	$6,125
2011	--	$6,125
2010	--	$6,125
2009	--	$6,125 +2.1%
2008	--	$6,000
2007	--	$6,000
2006	--	$6,000
2005	--	$6,000 +1.7%
2004	--	$5,900
2003	--	$5,900
2002	--	$5,900
2001	--	$5,900 -21.3%
2000	--	$7,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified