For sale

$70,000

1574 Leland St, Memphis, TN 38106

2beds

956sqft

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Single Family Residence

Built in 1950

10,018 Square Feet Lot

$-- Zestimate^®

$73/sqft

$-- HOA

What's special

Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month. Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown Memphis, this property is well-positioned for long-term rental demand. Bonus: 1574 Leland St can be purchased individually or as a package deal with the neighboring property at 1570 Leland St. These side-by-side homes can be sold together or separately, giving investors flexibility and the chance to maximize their returns. Don't miss this affordable value-add opportunity in one of the nation's top investment markets. Contact listing agent with any additional questions.

24 days

185

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
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

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 956 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

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

Lot

Size: 10,018 Square Feet
Dimensions: 45 x 142
Features: Other (See Remarks)

Details

Parcel number: 034054 00023

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Averys Re

Location

Region: Memphis

Financial & listing details

Price per square foot: $73/sqft
Tax assessed value: $29,700
Annual tax amount: $392
Price range: $70K - $70K
Date on market: 6/24/2026
Cumulative days on market: 25 days

Estimated market value

Not available

Estimated sales range

Not available

$955/mo

Price history

Date	Event	Price
6/24/2026	Listed for sale	$70,000$73/sqft
Source: MAAR #10224611 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$391 +25.8%	$7,425 +57.1%
2024	$311 +8.1%	$4,725
2023	$288	$4,725
2022	--	$4,725
2021	--	$4,725 -5.5%
2020	$160	$5,000
2019	$160 -21.1%	$5,000
2018	$203 -45.1%	$5,000
2017	$369 +75.1%	$5,000 -19.4%
2016	$211 -16.6%	$6,200
2014	$253	$6,200
2013	--	$6,200 -21.8%
2012	--	$7,925
2011	--	$7,925
2010	--	$7,925
2009	--	$7,925 -13.4%
2008	--	$9,150
2007	--	$9,150
2006	--	$9,150
2005	--	$9,150
2004	--	$9,150
2003	--	$9,150
2002	--	$9,150
2001	--	$9,150 +14.4%
2000	--	$8,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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.

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