$55,000
 $295 est/mo Sourced by Back At You

509 Leath St,Memphis, TN 38105

Memphis, TN 38105

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Description

Investor opportunity with a lot of potential already built into the existing footprint. Currently configured as a 3-bedroom, 1-bath home with separate living and dining rooms, this property offers a solid starting point for a full renovation. The interior has already been opened up in several areas, providing good visibility into the home's framing and existing structure. Despite the amount of renovation needed, the home appears to have good bones and a functional layout that lends itself well to redevelopment. Bring your contractor and your vision. With the right renovation plan, this property offers an opportunity to improve both the condition and functionality of the home rather than simply putting finishes over an outdated floor plan. Property is being sold as-is. No wholesalers, or contract assignment.

Details

MLS #10230343
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1925
Days On Site7
Listing Provided ByAdvantage Property Management | Sherry Roberts

Features

Bed(s)3
Bath(s) 1 Total
Story(s)1
Acreage0.21
Property ViewLevel, Some Trees

Interior

Number Of Rooms5
CoolingOther (See REMARKS)
HeatingOther (See REMARKS)

Exterior

Lot DescriptionLevel, Some Trees

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38105
AreaHarbor Town | Downtown
Subarea741E
Community NameGATES
Listing VS Median (in GATES)
Price:
$55,000
low | high
Med:
$0
On site:
7
low | high
Med:
Sourced by Back At You

Market Activity 38105

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38105
AreaHarbor Town | Downtown
Subarea741E
Community NameGATES
Listing VS Median (in GATES)
Price:
$55,000
low | high
Med:
$0
On site:
7
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $41K - $68K
sqft: 0 - 0
Listing Updated: September 12, 2026 at 5:04:34 PM PDT