For sale Home

Listed Feb 26, 2026

$117,000 Est. $774/mo

1201 Leawood Street

  • 2

    Beds

  • 1

    Baths

  • 818

    Sq ft

The story

  • Basement

This 2 bedroom 1 bathroom home is a solid option for a first time buyer, investor, or someone looking to downsize in a growing part of Memphis. It offers a practical layout with good natural light and durable flooring that is easy to maintain. The living space feels open and comfortable, and the kitchen has a simple, efficient setup with cabinet space and room to personalize over time. The bathroom features a clean tile surround and straightforward finishes, and both bedrooms are well sized and flexible for guests, an office, or rental use. One of the standout features is the detached workshop in the backyard, ideal for storage, tools, hobbies, or extra workspace, while the fenced yard provides privacy and usable outdoor space. Located in the 38122 area, this home is close to shopping, dining, and major roads with convenient access to Midtown and East Memphis, making it a great fit for someone ready to build equity, expand a rental portfolio, or enjoy a more manageable home.

Facts & features

Home type

Home

Year built

1946

Floors

1

Price per sq ft

$143

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Flooring

    Tile, Luxury Vinyl

  • Roof

    Shingle

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$774 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $623
  • Property tax $117
  • Insurance $34

Includes principal, interest, taxes & insurance.

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Listing Broker

Fast Track Realty

Broker Name

Fast Track Realty

Agent

Jose Adan Leal Garcia