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1592 GRIMES ST, Memphis, TN 38106

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1592 GRIMES ST,Memphis, TN 38106
$29,900
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: glenn mcdonald
Office: integrated assets
MLS#:10223935
Source:TN_MAAR

Price summary

  • Price:$29,900

About this home

Investor special in South Memphis 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. Property has deferred maintenance & will need extensive repairs/updates, including roof, interior systems, finishes & overall condition. 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

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Home facts

  • Year built:1948
  • Listing ID #:10223935
  • Added:1 day(s) ago
  • Updated:June 14, 2026 at 02:59 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Flooring:Wall to Wall Carpet
  • Dining Description:Separate Dining Room
  • Bathrooms Description:1 or More BR Down

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1948
  • Lot area:0.33 Acres
  • Lot Features:Wooded
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Finances and disclosures

  • Price:$29,900
  • Tax amount:$565

Parking

  • Parking description:Driveway/Pad
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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