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1562 Preston Street
Memphis TN 38107 US

$17,500

Pending Listing ID 9987884
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4 bed
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2.00 Bath (1 Full , 1 Half)
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Lot: 0.18 Acres
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Single Family Residence

$17,500

Pending Listing ID 9987884
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1562 Preston Street 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.

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Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • 1/2 Bathrooms: 1
  • Roof Type: Shingle

School Information

  • School
  • Out Of Area(Elementary)
  • Out Of Area(MiddleSchool)
  • Out Of Area(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 17500
  • unparsedaddress: 1562 Preston Street
  • postalcity: Memphis
  • stateorprovince: TN
  • country: US
  • postalcode: 38107
  • bathroomsfull: 1
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.18
  • lotsizeunits: Acres
  • lotsizearea: 0.18
  • livingarea: 1448
  • livingareaunits: Square Feet
  • latitude: 35.10455
  • longitude: -90.050186
  • listagentfullname: Seth Lester
  • listagentemail: diazandlester@gmail.com
  • listagentkey: 3yd-TVARMLS-33175
  • listagentmlsid: 33175
  • listagentpreferredphone: 4234445011
  • listagentofficephone: 4234445011
  • listofficekey: 3yd-TVARMLS-1291
  • listagentstatelicense: 357985
  • listofficemlsid: 1291
  • disclaimer: Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1912
  • listingcontractdate: 2025-11-03
  • listagenturl: http://diazandlester.com/
  • countyorparish: Shelby
  • parcelnumber: 034012 00021
  • elementaryschool: Out Of Area
  • highschool: Out Of Area
  • constructionmaterials: Wood Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Cottage
  • rooms: Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.050186, 35.10455
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"NextHome Magnolia Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"diazandlester@gmail.com", "ListBrokerageCity":"JOHNSON CITY", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"NextHome Magnolia Realty", "ListBrokeragePhone":"(423) 631-5723", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":"SUITE 617", "ListBrokerageUnparsedAddress":"207 N BOONE ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"206 Princeton Road #33", "ListOfficeAddress2":"SUITE 617", "ListOfficeBrokerMlsId":"1291", "ListOfficeCity":"Johnson City", "ListOfficeCountry":"USA", "ListOfficeEmail":"nhmagnoliarealty@gmail.com", "ListOfficePostalCode":"37601", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Cottage - Memphis, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1562-Preston-St_Memphis_TN_38106_M87230-20938?f=listhub&s=TVARMLS&m=9987884&c=rexren", "MLSModificationTimestamp":"2025-12-12 15:41:00", "Neighborhoods":[{"Description":null, "Name":"Not Listed"}], "PostalCode":null, "RoomCount":8, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":238, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/15/2025 10:56:16 PM GMT
Source Updated Date: 12/18/2025 12:52:42 PM GMT

Courtesy of: Seth Lester, NextHome Magnolia Realty, diazandlester@gmail.com

Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.