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1452 Castalia St, Memphis, TN, 38114

2beds
1baths
1,288sqft
$108,000
$84price/sqft
$1,003/moest. monthly cost
$40,120/yrincome needed

About This Home

PRICE Improvement!! Investors are welcomed!!! Perfect for investors who want a fully renovated home to added to their portfolio!! Or if you're a family looking for your new starter home. OR you're looking to turn your home into a rental at some point. Home was fully rehabbed in 2022 with numerous upgrades including new flooring throughout, new windows, updated bathroom, new fixtures, new HVAC system and new water heater. Guaranteed income with minimal maintenance needs.

Getting Around

34
WalkingCar-Dependent
34
TransitSome Transit
33
BikeSomewhat Bikeable

Schools

3/10
Alcy Elementary SchoolGrades PK-51.9 mi
--
Hamilton Middle SchoolGrades 6-91.3 mi
3/10
Melrose High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: Apartment
  • Architectural style: Traditional
  • Property subType: Apartment

Interior

Bedrooms & Bathrooms

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

Den

  • Area: 286

Dining Room

  • Area: 132

Features

  • All Bedrooms Down,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: 1,288 sqft

Living Room

  • Features: Separate Living Room
  • Area: 286

Master Bedroom

  • Area: 143

Property

Details

  • Parcel number: 031088 00015

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 0.27 Acres
  • Features: Some Trees
  • Lot size dimensions: 50 x 268

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad
  • Covered spaces: 1
  • 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 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 $546$6,552
Home Insurance $195$2,340
Property Taxes $87$1,044
Electricity $175$2,103
Total$1,003$12,036

Income You'd Need if You Spent...

35% on housing$34,388/yr
40% on housing$30,090/yr
45% on housing$26,746/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

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 38114$68
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
2026-05-01Price change$110,000
2025-11-17Listed for sale$115,000
2024-11-07Listing removed$995
2024-11-05Listed for rent$995
2024-07-03Listing removed--
2024-03-30Listed for sale$117,000
2024-01-26Listing removed--
2024-01-12Listed for rent$995
2022-12-05Listing removed--
2022-11-19Price change$995
2022-10-20Listed for rent$1,095
2022-05-06Sold$64,000
2022-03-07Price change$64,000
2022-02-11Listed for sale$63,000
2022-01-23Pending sale$63,000
2021-10-26Listed for sale$63,000
2021-09-21Listing removed--
2021-05-06Listing removed$63,000
2021-03-14Price change$62,000
2020-08-12Listed for sale$59,000
2014-01-23Listing removed$38,000
2013-08-14Listed for sale$38,000

For Sale by Agent

AgentIvana E Johnson
BrokerageColdwell Banker Collins-Maury

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