For Sale

Listed by Glenn Mc Donald

Source: Memphis Area Association of Realtors® #10223935

1592 Grimes Place, Memphis, TN, 38106

$29,900

3
1
1260 sq. ft.
0.33 ac.

SingleFam

1 day on the market

What's around 1592 Grimes Place

About this property

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

Looking for more information on 1592 Grimes Place?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$33,000
1493 South Avenue
Memphis TN 38106
3
1
Single-Family
Listing courtesy of Empire Realty, LLC
For Sale
$30,000
817 S Parkway East
Memphis TN 38106
3
1
Single-Family
Listing courtesy of Crye-Leike, Inc., REALTORS
For Sale
$135,000
1681 Shadowlawn Boulevard
Memphis TN 38106
3
1
Single-Family
Listing courtesy of homecoin.com

Other properties for sale by Integrated Assets

Pending
$142,900
7021 Gleneagles Drive
Memphis TN 38141
3
2
2
Single-Family
Listing courtesy of Integrated Assets
Pending
$249,900
224 Delta Drive
Marion AR 72364
4
3
2
Single-Family
Listing courtesy of Integrated Assets
Pending
$39,900
3091 Chisca Avenue
Memphis TN 38111
2
1
Single-Family
Listing courtesy of Integrated Assets

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Integrated Assets, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent