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2800 Mojave Pl #173, Memphis, TN, 38115

2beds
3baths
1,358sqft
$40,000
$29price/sqft
$465/moest. monthly cost
$18,600/yrincome needed

About This Home

TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Being sold AS-IS. Property is rented for $855/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today!

Getting Around

41
WalkingCar-Dependent
23
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

5/10
3/10
Ridgeway Middle SchoolGrades 6-81.3 mi
2/10
Wooddale High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Other (See REMARKS)

Bedrooms & Bathrooms

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

Features

  • Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other (See REMARKS)
  • Cooling features: Other (See REMARKS)

Interior Area

  • Total interior livable area: 1,358 sqft

Property

Accessibility

  • Accessibility features: Other (See REMARKS)

Details

  • Parcel number: 074090 A00298
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Pool features: Community,Neighborhood
  • Exterior features: Tennis Court(s),Enclosed Balcony,Sidewalks,Other (See REMARKS)

Lot

  • Lot size dimensions: 0

Parking

  • Parking features: Storage,Gated,Parking Lot,Unassigned,Other (See REMARKS)

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

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake

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 $202$2,424
Home Insurance $56$672
Property Taxes $32$384
Electricity $175$2,103
Total$465$5,580

Income You'd Need if You Spent...

35% on housing$15,942/yr
40% on housing$13,950/yr
45% on housing$12,400/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

$29This listing

vs Other Active Listings

Avg $/sqft

ZIP 38115$60
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38115$107
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)

No zestimate history available

Price History

DateEventPrice
2026-07-28Listed for sale$40,000
2026-07-22Pending sale$40,000
2026-07-15Listed for sale$40,000

For Sale by Agent

AgentJordan A Ray
BrokerageeXp Realty, LLC

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