$416

closing credit¹

1562 Preston St Memphis, TN 38106

$35,000
4 beds
1 full, 1 partial
0.2 acres
House

Property details

About 1562 Preston St

Investment opportunity near midtown Memphis! Sold in as-is condition.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingWindow Unit(s)
Lot size0.17 Acres
Year built1945
ParkingDriveway/Pad
MLS #10189156

Summary

  • MLS Number: 10189156
  • Office Name: eXp Realty, LLC

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: 2/6/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring covered porch

$35,000

1562 Preston St

$416

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$7,025$427
2023$7,025$427
2022$7,025$432
2021$7,025$432
2020$5,750$416
2019$5,750$416
2018$5,750$236
2017$5,750$331

History based on county public records data.

Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

0.4 mi

345 E Olive Ave

3

Alton Elementary School

Public District PK-5

0.9 mi

2020 Alton Ave

5

Circles of Success Learning Academy

Public Charter KG-5

1.0 mi

867 S Parkway E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,978. The majority of Memphis, TN residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

62%
<35k
36%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
21%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Big LotsBig Lots
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

About 1562 Preston St

This home is located at 1562 Preston St in Memphis, TN and zip code 38106. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $35,000.

While more than 33 listings in Memphis, TN in January 2025 were sold above asking price, there were more than 72 listings sold at asking price, and more than 166 were sold below. The number of listings in Memphis, TN increased by 11.7% between December and January 2025.

From Rocket Homes Real Estate and based on county public records data.

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