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3 Beds
1 Bath
1,396 sqft

$55,000

509 LEATH ST, Memphis TN, 38105

Price per sqft$39.40
Built in1925
Property size1,396 sqft
Property typeResidential

Overview

Active

Listed Sep 12, 2026

Updated 11 days ago

Investor opportunity with a lot of potential already built into the existing footprint. Currently configured as a 3-bedroom, 1-bath home with separate living and dining rooms, this property offers a solid starting point for a full renovation. The interior has already been opened up in several areas, providing good visibility into the home’s framing and existing structure. Despite the amount of renovation needed, the home appears to have good bones and a functional layout that lends itself well to redevelopment. Bring your contractor and your vision. With the right renovation plan, this property offers an opportunity to improve both the condition and functionality of the home rather than simply putting finishes over an outdated floor plan. Property is being sold as-is. No wholesalers, or contract assignment.

$366/mo

Est. mortgage payment based on a $55,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10230343

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$377
Tax Frequency
Annually
Association Fee Frequency
Yearly
MLS provider logo

Listed by Sherry Roberts with Advantage Property Management
Listing Contact: Office: 901-347-3148 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 9/29/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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.

©2026 Memphis Area Association of REALTORS® all rights reserved.

Data last updated on 9/29/2026 at 8:50 PM UTC

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