# 1561 PRESTON St, Memphis, TN 38106 > **TL;DR:** 3bd/1ba single family, $69,000 ($71/sqft), built 1997, 974 sqft. > A/C. Est. $369/mo. Listed 146 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $69,000 | | Price/sqft | $71 | | Bedrooms | 3 | | Bathrooms | 1 full | | Square Feet | 974 | | Year Built | 1997 | | Lot Size | 7,841 sqft (0.18 acres) | | Stories | 1 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 146 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $349 | | Estimated Insurance | $20 | | **Total** | **$369** | ## Key Amenities - A/C ## Property Highlights - Built in 1997 - 0.18 acre lot ## Description ### Agent Description Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~ ## Location - **Address:** 1561 PRESTON St, Memphis, TN 38106 - **County:** Shelby - **Neighborhood:** CENTRAL LAND CO BLK 8 - **Coordinates:** 35.104586, -90.050739 - **Google Maps:** https://www.google.com/maps?q=35.104586,-90.050739 ## Listing Agent - **Name:** Tara Woodley - **Brokerage:** ZACH TAYLOR REAL ESTATE - **Phone:** 9016033419 - **Broker Phone:** (727) 692-6578 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1561-Preston-St_Memphis_TN_38106_M81755-03934?f=listhub&s=MAARTN&m=10221417&c=propsimple) ## Photos ![1561 PRESTON St - Photo 1](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1613144385r.jpg) ![1561 PRESTON St - Photo 2](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f405959585r.jpg) ![1561 PRESTON St - Photo 3](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3349626725r.jpg) ![1561 PRESTON St - Photo 4](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f4022812252r.jpg) ![1561 PRESTON St - Photo 5](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1985318970r.jpg) ![1561 PRESTON St - Photo 6](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f745694581r.jpg) ![1561 PRESTON St - Photo 7](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f2721014185r.jpg) ![1561 PRESTON St - Photo 8](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3895522883r.jpg) ![1561 PRESTON St - Photo 9](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1335151572r.jpg) ![1561 PRESTON St - Photo 10](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3891527315r.jpg) ![1561 PRESTON St - Photo 11](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f2633453430r.jpg) ![1561 PRESTON St - Photo 12](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1617799966r.jpg) ![1561 PRESTON St - Photo 13](http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f730542746r.jpg) --- **MLS#:** 10221417 | **Updated:** 2026-10-04 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417#listing", "url": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417", "name": "1561 PRESTON St, Memphis, TN 38106", "description": "Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO NOT DISTURB*** Drive by to make offers. No viewing without an Seller Accepted offer. Due Diligence performed during walkthrough once accepted. Cash offers must show a Valid Proof of Funds. Must present a Pre Approval for all Conventional Loans. ***Professional Property Management in Place***> Seller also Selling 572 Burlington Cir< ~Sorry No Wholesalers, No Creative Financing and No Hard Money Loans~", "image": [ "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1613144385r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f405959585r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3349626725r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f4022812252r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1985318970r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f745694581r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f2721014185r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3895522883r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1335151572r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3891527315r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f2633453430r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1617799966r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f730542746r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1613144385r.jpg", "caption": "1561 PRESTON St - Memphis, TN" }, "datePosted": "2026-05-12T00:00:00+00:00", "dateModified": "2026-10-04T13:30:37.871596+00:00", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417#property", "name": "1561 PRESTON St, Memphis, TN 38106", "address": { "@type": "PostalAddress", "streetAddress": "1561 PRESTON St", "addressLocality": "Memphis", "addressRegion": "TN", "postalCode": "38106", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 35.104586, "longitude": -90.050739 }, "image": [ "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1613144385r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f405959585r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3349626725r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f4022812252r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1985318970r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f745694581r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f2721014185r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3895522883r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1335151572r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f3891527315r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f2633453430r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f1617799966r.jpg", "http://lh.rdcpix.com/c2c40c36ab51332ac6e20992020d9739l-f730542746r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "10221417" }, "accommodationCategory": "Other", "numberOfBedrooms": 3, "numberOfBathroomsTotal": 1, "numberOfFullBathrooms": 1, "floorSize": { "@type": "QuantitativeValue", "value": 974, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1997, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Central" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Tile, Vinyl" }, { "@type": "LocationFeatureSpecification", "name": "Pool Features", "value": "Porch" }, { "@type": "LocationFeatureSpecification", "name": "Parking Features", "value": "Driveway" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.18 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 1 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417#offer", "url": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417", "price": 69000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417#agent", "name": "Tara Woodley", "telephone": "9016033419", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/1561-preston-st-memphis-tn-38106-10221417#brokerage", "name": "ZACH TAYLOR REAL ESTATE", "telephone": "(727) 692-6578" } } } ```