For Sale
Photo 1 of Single family home for sale at 581 Watson St, Memphis, TN 38111 | MLS# 10232812 | Listing updated on 2026-10-20
Photo 2 of Single family home for sale at 581 Watson St, Memphis, TN 38111 | MLS# 10232812 | Listing updated on 2026-10-20
2+
Beds Icon

Street View

$140,000

Monthly Est:$697

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,261sqft

581 Watson St, Memphis, TN 38111

$697/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1939

  • $-- HOA

  • 8,276.4 sqft lot

  • $111/sq.ft

Description

Investment opportunity! This 3 bedroom, 2 bathroom property is currently tenant occupied and generating $1,200 per month in rental income. The existing lease expires in July 2027. No showings will be permitted until an offer has been accepted. Great opportunity for investors looking to expand their rental portfolio with established rental income.

  • Houzeo last checked: 7 minutes ago
  • Listing updated: October 20, 2026 at 5:17 pm
  • Listing Provided by: Crystal Mitchell (901) 864-2650 | Renshaw Company, REALTORS (901) 820-4367
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10232812 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Normal Station

  • Year Built

    1939

  • HOA Fees

    -

  • Finished Area

    1,261 sqft

  • Lot Size

    8,276.4 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10232812

  • MLS Status

    Active

  • Days on Market

    11

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Cooling

    Central

  • Flooring

    Hardwood Throughout

  • Exterior Features

    Other (see Remarks)

  • Heating

    Gas

  • Interior Features

    Separate Living Room, All Bedrooms Down

Construction

  • Year Built

    Year Built: 1939

  • Home type

    Single Family Residence

  • Construction Materials

    Vinyl Siding

  • Architectural Style

    Traditional

Utilities & Energy

  • Parking Features

    Driveway/pad

  • Pool Features

    None

Other Features

  • Lot Features

    Some Trees

  • Subdivision Name

    Eberharts Watson St

Price History

DateEventPrice

10/20/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10232812

Listed for Sale

$140,000

$111/sqft

Getting Around 581 Watson St

Bike Score®

Bike Score

Bikeable

68/100

Walk Score®

Walk Score

Car-Dependent

28/100

Transit Score®

Transit Score

Some Transit

33/100

Data provided by Redfin

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 01, 2026, 01:00AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. 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. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620
Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

Skip to Main Content