1002 CRESTON AVE, Memphis, TN 38127-3751

Local realty services provided by:CENTURY 21 Home First Realtors
1002 CRESTON AVE,Memphis, TN 38127-3751
$40,000
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: lawson roberts
Office: renshaw company, realtors
MLS#:10218771
Source:TN_MAAR

Price summary

  • Price:$40,000

About this home

3 bed, 1 bath home situated on a large lot in the growing Frayser area—perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project. Conveniently located near major employers, shopping, and everyday amenities, making it an attractive option for future tenants. Once stabilized, this property has the potential to generate solid cash flow and become a reliable addition to any investment portfolio. Don’t miss this opportunity to capitalize on a value-add deal in an area with continued demand.

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Home facts

  • Year built:1953
  • Listing ID #:10218771
  • Added:1 day(s) ago
  • Updated:April 10, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:7
  • Flooring:Part Carpet, Part Hardwood
  • Bathrooms Description:All Bedrooms Down
  • Kitchen Description:Eat-In Kitchen

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1953
  • Lot Features:Some Trees
  • Architectural Style:Ranch
  • Construction Materials:Aluminum/Steel Siding, Wood/Composition
  • Levels:1 Story

Finances and disclosures

  • Price:$40,000
  • Tax amount:$88,681

Parking

  • Parking description:Driveway/Pad
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