Elvis fans sit by a shrine to Elvis Presley they made during the candle light vigil August 15, 2004 at Graceland in Memphis, Tennessee. The vigil is the grand finale of the annual "Elvis Week" in which fans travel to Memphis from all over the world to honor the King of Rock and Roll. (Photo by Mike Brown/Getty Images)

It might be hard to believe but the abandoned childhood home of Elvis Presley is for sale. The New York Post reports that the three-bedroom house, located in Tupelo, Mississippi, was originally expected to be demolished, but will now be sold at an auction of Elvis memorabilia on August 14 in Memphis.

The house is one of many in which the Presley family resided while Elvis was growing up in Tupelo. Elvis lived in this particular home with his parents from 1943 to 1944. If you’re a true Elvis fan and have the cash, you may be able to get the house for a song, pun intended. The starting price at the auction will be set between $30,000 and $50,000.

Why so cheap? With Elvis’ enduring popularity and the new movie about his life doing so well at the box office, this should cost a small fortune. I mean, think how much money you could make back by opening the home up to tourists. Well, it turns out there’s a catch.

You see, the house no longer sits in its original location. It has been dismantled and all of the pieces have been stored in a trailer. If you’re the winning bidder, you’ll get that trailer containing the parts and the plans so you can piece the home back together wherever you choose. You can even hire the person who took it apart to put it back together for them. I still think it has moneymaking potential as a shrine to the King.

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