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448 Tennessee St, Memphis, TN, 38103

2beds
3baths
1,516sqft
$355,000
$234price/sqft
$2,508/moest. monthly cost
$100,320/yrincome needed

About This Home

HUGE REDUCTION! Meticulously Maintained! Like New! Wonderful Location! Premier Corner Unit! 2 Car Garage/Secured Parking! Resurfaced Main Floor & 2nd Floor! Awesome New Master Spa Bath! New Backsplash & Counter Top! Tinted Windows! New Balcony Flooring! Located across the Street from Million Dollar Homes! Stainless Appliances include Gas Range & Fridge! Washer and Dryer to stay! No HOA, just shared Termite Contract! Super Cool area for Grilling & Chilling! Easy Access to The Bluffs and the Newly Renovated Tom Lee Park! A MUST SEE!

Getting Around

78
WalkingVery Walkable
45
TransitSome Transit
69
BikeBikeable

Schools

2/10
3/10

Construction

Condition

  • Year built: 2015

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Brick Veneer,Wood/Composition,Aluminum/Steel Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Soft Contemporary
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Cooktop,Disposal,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Laundry features: Laundry Room

Bedroom2

  • Features: Walk-In Closet(s),Hardwood Floor
  • Level: Second
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Area: 224

Features

  • All Bedrooms Up,Den/Great Room,Kitchen,1/2 Bath,Primary Bedroom,2nd Bedroom,2 or More Baths,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Double Pane Windows
  • Flooring: Part Hardwood,Concrete
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central
  • Cooling features: 220 Wiring,Central Air

Interior Area

  • Total interior livable area: 1,516 sqft

Kitchen

  • Features: Pantry
  • Area: 160

Living Room

  • Features: LR/DR Combination

Master Bedroom

  • Features: Walk-In Closet(s),Hardwood Floor
  • Level: Second
  • Area: 280

Property

Details

  • Parcel number: 002082 00013
  • Attached to another structure: Yes

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Balcony

Lot

  • Lot size: 1,306 sqft
  • Features: Level
  • Lot size dimensions: 20.78 x 53.64

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Rear,Gated
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
Heat Wave
Tornado
Inland Flooding

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,795$21,540
Home Insurance $252$3,024
Property Taxes $286$3,432
Electricity $175$2,103
Total$2,508$30,096

Income You'd Need if You Spent...

35% on housing$85,988/yr
40% on housing$75,240/yr
45% on housing$66,880/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 38103$189
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38103$206
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Price change$355,000
2026-06-10Price change$385,000
2026-05-21Listed for sale$395,000
2026-04-20Listing removed$405,000
2026-02-18Price change$405,000
2025-12-02Listed for sale$419,900
2025-07-30Listing removed$414,900
2025-07-24Price change$414,900
2025-06-05Price change$424,900
2025-02-25Listed for sale$429,900
2025-02-07Listing removed$439,000
2024-12-30Listed for sale$439,000
2024-12-11Listing removed$439,000
2024-11-26Listed for sale$450,000
2015-07-16Sold$260,000

For Sale by Agent

AgentDaniel R Lipsey
BrokerageKeller Williams

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