For sale

$70,000

1574 Leland St, Memphis, TN 38106

2beds

956sqft

$497/mo

Get pre-qualified

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.

70 days
47
2

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: 71 days

Estimated market value

Not available

Estimated sales range

Not available

$945/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