318 Simpson Ave, Memphis, TN, 38106
About This Home
Schedule your viewing for this renovated 2 bed, 1 bath home. It would make an awesome investment property or owner occupant new home. It features fresh paint throughout, an updated kitchen and bathroom, and luxury vinyl plank throughout. The electrical and plumbing have been updated with all new fixtures. It has new windows and blinds. Schedule your viewing today before this one is gone.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Roof: Composition Shingles
- Construction materials: Brick Veneer,Wood/Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Other (See REMARKS)
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Features: Walk-In Closet(s)
- Level: First
- Area: 182
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate Dining Room
- Area: 156
Features
- All Bedrooms Down,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,1 Bath,Laundry Room,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
- Fireplace features: Decorative
- Fireplace: Yes
Heating & Cooling
- Heating features: Other (See REMARKS)
- Cooling features: Other (See REMARKS)
Interior Area
- Total interior livable area: 1,200 sqft
Kitchen
- Features: Updated/Renovated Kitchen,Pantry
- Area: 110
Living Room
- Features: Separate Living Room
- Area: 168
Master Bedroom
- Level: First
- Area: 182
Property
Details
- Parcel number: 013050 00041
Features
- Stories: 1
- Pool features: None
- Patio & porch: Covered Patio
Lot
- Lot size: 5,227 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 40 x 139
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
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
- Earthquake
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $379 | $4,548 |
| Home Insurance | $229 | $2,748 |
| Property Taxes | $60 | $720 |
| Electricity | $175 | $2,103 |
| Total | $843 | $10,116 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $90,000 |
| 2025-03-31 | Sold | $37,000 |
View on Zillow