Off market since Jul 2026

The Story

1592 Grimes Street

Memphis, TN 38106 · Home

OBO only a few neighbors on this street 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. Need Full renovations, Vacant that a look! 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


Facts & Features

Property Info

Price
$20,000
Completion Year
1,948
Floors
1
Bedrooms
3
Bathrooms
1

Features & Amenities

Cooling

Central Air

Heating

Central

Flooring

Carpet

Lot Information

Wooded

Listing Broker

Integrated Assets

Broker Name

Integrated Assets

Agent

Glenn L McDonald

Location

Memphis TN 38120