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756 Alma St, Memphis, TN, 38107

1beds
1baths
738sqft
$37,000
$50price/sqft
$426/moest. monthly cost
$17,040/yrincome needed

About This Home

Great investment opportunity. Taken down to the studs and remodeled in 2013. Needs cosmetic updates but the bones are good. Currently configured as a one-bedroom, but enough room to wall back off a second bedroom. Tall, smooth ceilings. Spacious great room. Additional lot next door included has plenty of room to build out, or to build another home. Appliances, including two refrigerators, can convey. Come have a look!

Getting Around

72
WalkingVery Walkable
36
TransitSome Transit
63
BikeBikeable

Schools

3/10
4/10
Grandview Heights MiddleGrades 6-83.7 mi
3/10
Manassas High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Composition Shingles
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Range/Oven,Cooktop,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,Primary Down,Smooth Ceiling,Living Room,Kitchen,Primary Bedroom,1 Bath,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Window features: Window Treatments
  • Flooring: Part Carpet,Tile
  • Fireplace features: Masonry,Decorative,In Den/Great Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Window Unit(s),Ceiling Fan(s)

Interior Area

  • Total interior livable area: 738 sqft

Kitchen

  • Features: Separate Breakfast Room,Washer/Dryer Connections

Living Room

  • Features: Great Room

Master Bedroom

  • Features: Carpet
  • Level: First

Property

Details

  • Parcel number: 021088 00029

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Wood,Wood Fence

Lot

  • Lot size: 2,613 sqft
  • Features: Some Trees,Level
  • Lot size dimensions: 30 x 100

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
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

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 $187$2,244
Home Insurance $35$420
Property Taxes $29$348
Electricity $175$2,103
Total$426$5,112

Income You'd Need if You Spent...

35% on housing$14,605/yr
40% on housing$12,780/yr
45% on housing$11,360/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

$50This listing

vs Other Active Listings

Avg $/sqft

ZIP 38107$81
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38107$115
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
2026-04-27Price change$53,000
2026-03-19Price change$60,000
2026-02-14Listed for sale$70,000
2006-12-20Sold$7,000

For Sale by Agent

AgentChristian Townsend
BrokerageRenshaw Company, REALTORS

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