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About This Home

This 3-bedroom, 1-bathroom single family at 1002 CRESTON Ave in Memphis, TN is listed for $37,500 ($29 per sqft). Built in 1953, the home offers 1,287 sqft of living space on a N/A lot.

Agent Description

3 bed, 1 bath home situated on a large lot in the growing Frayser area-perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project.

Conveniently located near major employers, shopping, and everyday amenities, making it an attractive option for future tenants. Once stabilized, this property has the potential to generate solid cash flow and become a reliable addition to any investment portfolio. Don't miss this opportunity to capitalize on a value-add deal in an area with continued demand.

Key Features

  • Built in 1953

Property Details

1 story
1 full
1953

Amenities

Hardwood

Monthly Cost Estimate

$201/mo

20% down · 6.5% · 30 years

Principal$27
Interest$163
Insurance$11

Estimates only. Actual payments may vary.

Location

1002 CRESTON Ave

Memphis, TN 38127-3751

Patricia Heights Sec A Blk 18

Features & Amenities

Exterior Features

Storage Building

Property Details

Flooring

CarpetHardwood

Parking

DrivewayWorkshop

Heating

Natural Gas

Cooling

None (Cooling)

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1002 CRESTON Ave is listed at $37,500 ($29/sqft). The estimated monthly payment is $163 based on 20% down at 6.5% interest.

Key features include: Built in 1953. Exterior Features: Storage Building.

This property is listed by Lawson Roberts and can be reached at 9018204367 or lawsong.roberts1@gmail.com.

LR

Lawson Roberts

Agent at Renshaw Company, REALTORS

(901) 820-4367

Listed by Renshaw Company, REALTORS · View on Broker Site

MLS# 10218771· Source: listhub· Updated 54 days ago

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1002 CRESTON Ave, Memphis, TN 38127-3751

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