31 S Morrison St, Memphis, TN, 38104
About This Home
Welcome to 31 S Morrison St, a beautifully updated Midtown Memphis home that blends classic charm with modern comfort. Inside, you’ll find bright, open living and dining areas filled with natural light, original details, and stylish finishes. The updated kitchen features sleek cabinetry, countertops, and appliances—perfect for daily living or entertaining. With 5 bedrooms and 3.5 baths, there’s plenty of space for family, guests, or a home office. Enjoy a private backyard ideal for relaxing or hosting gatherings. Conveniently located near Overton Square, Cooper-Young, and Downtown Memphis, this home offers easy access to shopping, dining, and entertainment. The property generates $4,800 in monthly income and is currently occupied by tenants without a formal lease agreement. Do not disturb tenants. Showings only after an accepted offer. Whether you’re a homebuyer or investor, this Midtown gem offers beauty, space, and income potential.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Bedroom2
- Features: Hardwood Floor,Smooth Ceiling
- Level: First
- Area: 144
Bedroom3
- Features: Hardwood Floor,Smooth Ceiling
- Level: Second
- Area: 144
Bedroom4
- Features: Hardwood Floor,Smooth Ceiling
- Level: Second
- Area: 144
Bedroom5
- Features: Hardwood Floor,Smooth Ceiling
- Level: Second
- Area: 144
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Area: 400
Features
- 1 or More BR Down,Smooth Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Hardwood,Wood Laminate Floors,Tile
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,996 sqft
Kitchen
- Features: Updated/Renovated Kitchen,Pantry,Kitchen Island
Living Room
- Features: Separate Living Room
- Area: 552
Master Bathroom
- Features: Double Vanity,Separate Shower,Smooth Ceiling,Tile Floor,Full Bath
Master Bedroom
- Features: Hardwood Floor,Sitting Area,Smooth Ceiling,Walk-In Closet(s)
- Level: Second
- Area: 340
Office
- Features: Hardwood Floor,Smooth Ceiling
- Level: First
Property
Details
- Parcel number: 017063 00012
Features
- Stories: 2
- Pool features: None
- Patio & porch: Porch,Deck
- Fencing: Wood,Wrought Iron
- Living area range: 2800-2999
Lot
- Lot size: 6,969 sqft
- Features: Some Trees,Landscaped,Well Landscaped Grounds
- Lot size dimensions: 41 x 180
Parking
- Parking features: Driveway/Pad,On Street
- 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 | $2,543 | $30,516 |
| Home Insurance | $375 | $4,500 |
| Property Taxes | $406 | $4,872 |
| Electricity | $243 | $2,921 |
| Total | $3,567 | $42,804 |
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 |
|---|---|---|
| 2026-03-19 | Price change | $550,000 |
| 2026-01-03 | Price change | $565,000 |
| 2025-12-05 | Price change | $575,000 |
| 2025-11-12 | Price change | $585,000 |
| 2025-09-26 | Listed for sale | $595,000 |
| 2023-05-02 | Sold | $430,000 |
| 2023-03-31 | Pending sale | $449,000 |
| 2023-03-18 | Price change | $449,000 |
| 2023-02-21 | Price change | $464,000 |
| 2023-01-17 | Listed for sale | $465,000 |
| 2023-01-14 | Pending sale | $465,000 |
| 2022-12-21 | Listed for sale | $465,000 |
| 2022-11-29 | Listed for rent | $4,000 |
| 2022-10-01 | Listing removed | -- |
| 2022-08-01 | Price change | $449,900 |
| 2022-07-23 | Price change | $458,500 |
| 2022-06-13 | Price change | $498,500 |
| 2022-05-27 | Price change | $530,000 |
| 2022-03-31 | Listed for sale | $550,000 |
| 2022-01-31 | Listing removed | -- |
| 2021-09-20 | Listed for sale | $595,000 |
| 2021-09-18 | Listing removed | -- |
| 2021-06-09 | Listed for sale | $680,000 |
| 2019-11-07 | Sold | $192,000 |
View on Zillow