1561 PRESTON ST, Memphis, TN 38106

• 3 beds |
• 1 bath |
• 974 sqft

Property 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~

Listing Status:

Active

Date Added:

May 12, 2026

Data Last Updated:

May 20, 2026 at 5:09AM

Listing Office:

Zach Taylor Real Estate : 727-692-6578

MLS ID:

10221417

Interior

• Rooms: 5
• Flooring: TileVinyl/Luxury Vinyl Floor
• A/C: Central
• Heating: Central

Exterior

• General: Brick VeneerWrought Iron Security DrsPorchOther (See REMARKS)
• Style: Traditional
• Pool: None
• Parking: Driveway/PadOther (See REMARKS)

Construction

• Roofing: Composition Shingles
• General: 1

Location

• County: South Memphis/61 Hwy

Lot

• Zoning: 034013 00008

Utilities

• Water: Public WaterPublic Sewer
• Sewer: Public WaterPublic Sewer