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$20,000
Est. payment /mo
3 Beds
1 Bath
0.33 Acres Lot
Price Dropped by $6K
1592 GRIMES ST Memphis, TN 38106
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Burton Resub Blk 11
MLS Listing ID 10223935
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1948
Annual Tax Amount $565
Lot Size 0.330 Acres
Property Sub-Type Detached Single Family
Property Description
OBO only a few neighbors on this street w/ serious upside. 3BR/1BA, approx. 1,260 SF on a deep 0.33-acre lot. Full rehab needed; ideal for experienced investors, contractors, flippers, BRRRR buyers, or rental portfolio buyers looking for a value-add project. Need Full renovations, Vacant that a look! Strong affordable housing demand in the area creates potential for fix/flip or long-term rental after renovation. Convenient South Memphis location near I-240, I-55, downtown Memphis, medical district, logistics/employment centers, schools & neighborhood redevelopment activity. Larger lot offers additional utility, parking, storage, or future improvement potential, subject to zoning/approval. Cash or renovation financing recommended. Sold as-is. Bring contractor & vision. Highlights: 3BR/1BA | Approx. 1,260 SF | 0.33-acre lot | Built 1948 | Heavy rehab | Value-add | Rental/flip potential | As-is sa
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Master Bedroom 1x1
Dining Room 1x1
Kitchen Separate Dining Room
Interior
Heating Central
Cooling Central
Flooring Wall to Wall Carpet
Exterior
Exterior Feature Vinyl Siding
Parking Features Driveway/Pad
Pool None
Private Pool Yes
Building
Lot Description Wooded
Story 1
Others
Miscellaneous Wrought Iron Security Drs
Listed by Glenn L McDonald • Integrated Assets
NEARBY SCHOOL & BUSINESS
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