1562 Preston Street, Memphis, TENNESSEE

$25,000

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4

Beds

2

Baths

1,448

Square feet

0.18

Acres

About 1562 Preston Street

Calling all investors and visionaries! Located in the heart of Memphis, 1562 Preston Street offers an excellent opportunity for redevelopment or restoration. According to public records, this property features four bedrooms, one and a half bathrooms, and approximately 1,448 square feet of living space. Built in 1912, the home reflects the charm and character of its era but is in need of extensive repairs throughout. Please note that there is no interior access and no interior photos available. The property is being sold as-is, and the primary value lies in the land and its potential for future use. Whether you're looking to restore a historic structure or clear the site for a fresh start, this parcel provides a solid foundation in an established neighborhood. With the right vision and investment, 1562 Preston Street could become a standout project in a growing Memphis market. This is a chance to bring new life to a classic property while capitalizing on the area's continued development and demand. *Buyer and buyer's agent to verify all information contained herein. Deemed reliable, but not guaranteed. *Equal Housing Opportunity. Assignment of contract. Wholesaler holds equitable interest and has limited power of attorney from seller for document execution only.

Features of 1562 Preston Street

MLS® # 9987884
Price $25,000
Bedrooms 4
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 1,448
Acres 0.18
Year Built 1912
Type Residential
Sub-Type Single Family Residence
Style Cottage
Status Active

Community Information

Address 1562 Preston Street
Area 499 - Out Of Area
Subdivision Not Listed
City Memphis
County Shelby
State TENNESSEE
Zip Code 38107

Amenities

Is Waterfront No

Interior

Heating See Remarks
Cooling See Remarks
Fireplace No
Stories Two
Has Basement No

Exterior

Exterior Wood Siding, See Remarks
Lot Description Level
Roof Shingle

School Information

Elementary Out Of Area
Middle Out Of Area
High Out Of Area

Additional Information

Date Listed November 3rd, 2025
Days on Market 1
Zoning R6
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNextHome Magnolia Realty

Listing Map

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