See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1577 Court Ave, Memphis, TN, 38104

--beds
--baths
3,408sqft
$374,500
$110price/sqft
$2,750/moest. monthly cost
$110,000/yrincome needed

About This Home

Prime Midtown triplex — live in one, rent the other two! Located at 1577 Court Ave, this income-producing property sits in the middle of everything — minutes to Downtown Memphis, East Memphis, the interstate, and nearby shopping. Strong rental market, unbeatable location, and a built-in house hack opportunity make this one a must-see. Schedule your showing today!

Getting Around

83
WalkingVery Walkable
38
TransitSome Transit
74
BikeVery Bikeable

Schools

5/10
Bruce Elementary SchoolGrades PK-51.0 mi
5/10
4/10
Central High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Composition
  • Construction materials: Wood/Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Connections

Basement

  • Has basement: Yes
  • Basement: Partial

Features

  • Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,408 sqft

Property

Details

  • Parcel number: 017031 00020

Features

  • Stories: 3

Lot

  • Lot size: 5,350 sqft
  • Lot size dimensions: 50 x 107

Parking

  • Parking features: Gravel

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
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

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 $1,893$22,716
Home Insurance $279$3,348
Property Taxes $302$3,624
Electricity $276$3,322
Total$2,750$33,000

Income You'd Need if You Spent...

35% on housing$94,285/yr
40% on housing$82,500/yr
45% on housing$73,333/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

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 38104$133
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38104$169
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
2026-05-11Listed for sale$375,000
2024-11-23Listing removed$1,600
2024-11-16Listed for rent$1,600
2024-11-07Listing removed$2,250
2024-09-25Price change$2,250
2024-09-18Price change$2,500
2024-09-14Listed for rent$2,200
2022-04-04Sold$363,500
2022-02-04Pending sale$365,000
2022-02-04Contingent$365,000
2022-02-04Listed for sale$365,000
2022-02-01Pending sale$365,000
2022-01-31Contingent$365,000
2022-01-27Listed for sale$365,000
2020-01-16Sold$305,000
2019-05-07Sold$80,000
2019-04-19Pending sale$125,000
2019-04-12Listed for sale$125,000
2002-02-08Sold$35,000
1998-01-06Sold$80,000

For Sale by Agent

AgentCaleb Parr
BrokerageRenshaw Company, REALTORS

Similar Homes