$1,068 Closing Credit¹
#10198969, Listing office: CrestCore Realty MphsBrokerage
$80,000 List price
1432 Leland St Memphis, TN 38106
$950
Closing credit¹
3 beds
2 full
0.1 acres
House
Property details
About 1432 Leland St
This 3-bedroom, 2-bathroom home offers a fantastic opportunity for investors or future homeowners alike. Featuring a comfortable and functional layout, the home includes a spacious living area, a fully equipped kitchen, and generously sized bedrooms—ideal for families or tenants. Currently tenant-occupied and generating $1,050 per month in rental income, this property offers immediate cash flow with a stable rental history. Whether you're looking to grow your investment portfolio or purchase a home with built-in income, this property is a smart and reliable option.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingWindow Unit(s)
Lot size0.13 Acres
Year built1929
ParkingDriveway/Pad
MLS #10198192
Summary
- Full Bathrooms: 2
- Flooring Type: Vinyl/Luxury Vinyl Floor
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Porch
- Architectural Style: Ranch
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $80,000
- Annual Tax Amount: $526
- Tax Year: 2024
- Lot: Few Trees, Level
- Directions: House is on the East side of Leland
- Year Built: 1929
- Stories: 1
- Lot Size: 0.13 Acres
- MLS Number: 10198192
- Office Name: Keller Williams
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 4:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$80,000
1432 Leland St
$950
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 28, 2022 | Home Sold | $13,000 |
| Jan 05, 2007 | Home Sold | $19,000 |
| Dec 11, 2000 | Home Sold | $53,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $8,650 | $526 |
| 2023 | $8,650 | $526 |
| 2022 | $8,650 | $533 |
| 2021 | $8,650 | $533 |
| 2020 | $9,150 | $663 |
| 2019 | $9,150 | $663 |
| 2018 | $9,150 | $376 |
| 2017 | $9,150 | $430 |
History based on county public records data.
Nearby schools
5
Circles of Success Learning Academy
Public Charter KG-5
0.1 mi
•867 S Parkway E
3
Memphis Delta Preparatory
Public Charter KG-5
0.4 mi
•1237 College St
3
A. B. Hill Elementary School
Public District PK-5
0.9 mi
•345 E Olive Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,589. Residents of Memphis, TN typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
77%
<35k
16%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
59%
Single, No Kids
26%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC
Figure Skating
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Church's Chicken
What do the neighbors drive?
Kia
Buick
Cadillac
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1432 Leland St
The listing price of 1432 Leland St property is $80,000.
The property 1432 Leland St is a house located in Memphis, Tennessee, 38106.
Active Listing: 1432 Leland St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1432 Leland St are: Circles of Success Learning Academy (GreatSchools Rating 5/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), A. B. Hill Elementary School (GreatSchools Rating 3/10), Cummings School (GreatSchools Rating 4/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Veritas College Preparatory (GreatSchools Rating 4/10), Soulsville Charter School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Hamilton High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $526 (source: MLS/based on county public records data).
The last sale was on March 28, 2022 for $13,000 (source: MLS/tax record).
The property at 1432 Leland St has 3 bedrooms and 2 bathrooms.
The year of construction for 1432 Leland St is 1929.
This home is located at 1432 Leland St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $80,000.
In May 2025 more than 70 listings in Memphis, TN were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 263 were sold below. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.