About This Home

This 2-bedroom, 1-bathroom single family at 1533 S MONTGOMERY St in Memphis, TN is listed for $60,000 ($62 per sqft). Built in 1947, the home offers 964 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1947
  • 0.13 acre lot
  • Fireplace

Property Details

1 story
1 full
1-car garage
1947

Amenities

FireplaceA/C
Listing Description

Investor opportunity at 1533 S Montgomery St! Rent at this tenant-occupied property is currently $835 per month, making it an opportunity for investors looking to add to their rental portfolio. Tenant is on a month-to-month lease. The home is being rented in its current condition and could benefit from some minor improvements, offering potential for a new owner to make updates over time.

Please note: The property is tenant-occupied, and showings will only be permitted with an accepted offer. Buyers should plan accordingly when evaluating this investment opportunity. Whether you're expanding your rental portfolio or looking for your next investment project, this property is worth a closer look!

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$18

Estimates only. Actual payments may vary.

Location

1533 S MONTGOMERY St

Memphis, TN 38106

H DLUGACH & COMPANY SO BELLEVUE

Features & Amenities

Exterior Features

Wrought Iron Security DrsSidewalks

Property Details

Flooring

Textured ceiling

Parking

Driveway

Cooling

Window Unit(s)

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1533 S MONTGOMERY St is listed at $60,000 ($62/sqft). The estimated monthly payment is $321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.13 acre lot, Fireplace. Exterior Features: Wrought Iron Security Drs, Sidewalks.

This property is listed by Brian Smith.

BS

Brian Smith

Agent at Crye-Leike

Listed by Crye-Leike · Broker phone: (901) 605-1071 · View on Broker Site · Broker website

MLS# 10232114· Source: Memphis Area Association of Realtors®· 18 days on PropertySimple

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.

1533 S MONTGOMERY St, Memphis, TN 38106

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