About This Home

This 2-bedroom, 1-bathroom single family at 1574 LELAND St in Memphis, TN is listed for $50,000 ($52 per sqft). Built in 1950, the home offers 956 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1950
  • 0.23 acre lot

Property Details

1 story
1 full
1950
Listing Description

Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month.

Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown Memphis, this property is well-positioned for long-term rental demand. Bonus: 1574 Leland St can be purchased individually or as a package deal with the neighboring property at 1570 Leland St.

These side-by-side homes can be sold together or separately, giving investors flexibility and the chance to maximize their returns. Don't miss this affordable value-add opportunity in one of the nation's top investment markets. Contact listing agent with any additional questions.

Monthly Cost Estimate

$267/mo

20% down · 6.5% · 30 years

Principal$36
Interest$217
Insurance$15

Estimates only. Actual payments may vary.

Location

1574 LELAND St

Memphis, TN 38106

AVERYS RE

Property Details

Parking

Driveway

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1574 LELAND St is listed at $50,000 ($52/sqft). The estimated monthly payment is $268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.23 acre lot.

This property is listed by Arlexus Holmes.

AH

Arlexus Holmes

Agent at Berkshire Hathaway HomeServices Taliesyn Realty

Listed by Berkshire Hathaway HomeServices Taliesyn Realty · Broker phone: (901) 466-4000 · View on Broker Site · Broker website

MLS# 10224611· Source: Memphis Area Association of Realtors®· 128 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.

1574 LELAND St, Memphis, TN 38106

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