About This Home

This 3-bedroom, 1-bathroom single family at 1570 LELAND St in Memphis, TN is listed for $40,000 ($46 per sqft). Built in 1928, the home offers 864 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1928
  • 0.18 acre lot

Property Details

1 story
1 full
1928
Listing Description

Investor Opportunity!!! Calling all cash buyers, builders, and investors! Located just minutes from Downtown Memphis, this 3-bedroom, 1-bathroom property offers a prime opportunity for redevelopment or a complete renovation project. The home requires a full rehab and is being sold as-is.

Whether you're looking to restore the existing structure, add to your rental portfolio, or tear down and build new, this property offers plenty of potential for the right investor. Bonus: The neighboring property at 1574 Leland Street is also available and can be purchased individually or as part of a package deal, providing additional investment and redevelopment opportunities. Don't miss your chance to secure an affordable property in a growing Memphis market. Contact the listing agent for more information.

Monthly Cost Estimate

$214/mo

20% down · 6.5% · 30 years

Principal$29
Interest$173
Insurance$12

Estimates only. Actual payments may vary.

Location

1570 LELAND St

Memphis, TN 38106

AVERYS RE

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1570 LELAND St is listed at $40,000 ($46/sqft). The estimated monthly payment is $214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1928, 0.18 acre lot.

This property is listed by Arlexus Holmes and can be reached at 9014664000.

AH

Arlexus Holmes

Agent at BHHS Taliesyn Realty

(901) 466-4000

Listed by BHHS Taliesyn Realty · View on Broker Site

MLS# 10224612· Source: listhub· 10 days on market

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.

1570 LELAND St, Memphis, TN 38106

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