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1395 Gleason Ave, Memphis, TN, 38106

2beds
1baths
648sqft
$52,800
$81price/sqft
$644/moest. monthly cost
$25,760/yrincome needed

About This Home

Investor Opportunity! This well-maintained property features numerous recent updates, including new siding, windows, electrical, plumbing, and a water heater—all approximately 1 year old. The roof is only 5 years old, and the floors were redone just 4 months ago. The kitchen has been updated with new cabinets, countertops, and wood-look tile flooring, along with updated ceiling fans. The central heating system is original but reported to be in good working condition. The window A/C unit has been removed for safety. With many of the major capital improvements already completed, this property offers a great opportunity for an investor or owner-occupant looking for a move-in-ready home with minimal deferred maintenance. Sold as is no contingencies

Getting Around

60
WalkingSomewhat Walkable
32
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
Hamilton SchoolGrades PK-80.4 mi
3/10
Hamilton High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 648 sqft

Property

Details

  • Parcel number: 026060 00010

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 4,356 sqft
  • Features: Other (See Remarks)
  • Lot size dimensions: 45 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 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 $266$3,192
Home Insurance $161$1,932
Property Taxes $42$504
Electricity $175$2,103
Total$644$7,728

Income You'd Need if You Spent...

35% on housing$22,080/yr
40% on housing$19,320/yr
45% on housing$17,173/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

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 38106$39
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38106$54
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
2026-07-29Listed for sale$52,800
2023-06-05Sold$24,500
2023-05-25Pending sale$30,000
2023-04-17Price change$30,000
2023-04-11Price change$35,000
2023-03-24Listed for sale$40,000

For Sale by Agent

AgentHenry M Pineda
BrokerageFast Track Realty, LLC

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