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Image 1 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
Image 2 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
Image 3 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
Image 4 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
Image 5 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
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Image 8 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
Image 9 - 1745 Preston St, Memphis, Tennessee, 38106 - House for sale
Preston St, Memphis, Home For Sale
1745 Preston St, Memphis, Tennessee, 38106

Preston St, Memphis, Home For Sale

house for sale
Listed: 07/01/24

1745 Preston St, Memphis, Tennessee, 38106

2 Bed:
1 Bath:
782 Sq Ft Living Area:
Save
Price
$ 59,900
Price:  Lower

About This House

This vacant property is ready for your vision. With a rental repair estimate of$15, 000and a flip-grade rehab estimate of$30, 000,it offers excellent potential returns. Boasting an ARV of$110, 000and a market rent potential of $900/month, it's perfect for first-time homebuyers seeking an investment opportunity or a comfortable place to call home!

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Memphis Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Memphis, United States averaged $151,072, a decrease of 16.5% from the previous month.
Median price trends for properties for sale in Memphis, United States as of June 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.