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1855 Oliver Ave, Memphis, TN, 38114

4beds
3baths
2,304sqft
$444,900
$193price/sqft
$3,601/moest. monthly cost
$144,040/yrincome needed

About This Home

You don't want to miss this 1912 Bungalow styled gem. Located in the heart of Memphis, this home is completely renovated and is currently used as an Airbnb. Home can be purchased fully furnished. NEW HOT WATER TANK, NEW HVAC, NEW FENCE in backyard. Bathrooms feature rain can shower heads. Primary bedroom feature three rain can shower heads and walk in closet. Did we mention the 4th bedroom/Bonus room located on second level. $3600 Lease purchase option available.

Getting Around

61
WalkingSomewhat Walkable
32
TransitSome Transit
69
BikeBikeable

Schools

3/10
Peabody Elementary SchoolGrades PK-50.5 mi
--
Hamilton Middle SchoolGrades 6-91.4 mi
4/10
Central High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1912

Materials

  • Construction materials: Wood/Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (See Remarks)
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Area: 150

Bedroom3

  • Area: 110

Bedroom4

  • Area: 728

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • All Bedrooms Down,Square Feet Source: Appraisal
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,304 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Area: 238

Living Room

  • Area: 351

Master Bedroom

  • Area: 154

Property

Details

  • Parcel number: 031055 00007

Features

  • Stories: 2
  • Pool features: None
  • Exterior features: Other (See REMARKS)
  • Living area range: 2200-2399

Lot

  • Lot size: 8,712 sqft
  • Features: Other (See Remarks)
  • Lot size dimensions: 50 x 180

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
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
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 $2,249$26,988
Home Insurance $806$9,672
Property Taxes $359$4,308
Electricity $187$2,246
Total$3,601$43,212

Income You'd Need if You Spent...

35% on housing$123,462/yr
40% on housing$108,030/yr
45% on housing$96,026/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

$193This listing

vs Other Active Listings

Avg $/sqft

ZIP 38114$66
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38114$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)

Price History

DateEventPrice
2025-10-20Price change$2,950
2025-08-29Price change$3,300
2025-08-21Listed for sale$445,900
2025-07-16Listed for rent$3,600
2024-07-09Listing removed--
2024-06-21Price change$3,090
2024-06-17Listed for rent$3,250
2024-04-10Listing removed--
2024-03-28Price change$3,250
2024-03-27Sold$445,000
2024-03-08Listed for rent$3,300
2023-12-08Price change$429,900
2023-12-01Listed for sale$449,900
2023-10-18Sold$285,000
2023-05-05Price change$379,901
2023-04-13Price change$399,901
2023-04-07Price change$409,900
2023-03-24Price change$419,900
2023-03-07Price change$425,000
2023-02-06Listed for sale$459,901
2021-12-27Sold$235,000
2021-12-14Pending sale$219,901
2021-12-08Listed for sale$219,901

For Sale by Agent

AgentReginald K Harris
BrokerageHarris Realty Services

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