1487 Swift St, Memphis, TN, 38109
About This Home
Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for long-term tenant retention. Currently marketed for lease at $910 per month and managed by Mid South Best Rentals, providing a seamless transition for the new owner. Any lease secured prior to closing will remain in place, with all tenant rights transferring to the buyer, making this a true turnkey investment opportunity. Drive-by only at this time. Interior access will be provided after an accepted offer. Offers to include a contingency for Buyer’s satisfactory visual inspection. Inquire for details.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Basement
- Basement: Crawl Space
Bedroom2
- Features: Shared Bath
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- All Bedrooms Down,1 or More BR Down,Renovated Bathroom,Textured Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet
- Fireplace features: Decorative
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,076 sqft
Kitchen
- Features: Updated/Renovated Kitchen
Living Room
- Features: Separate Living Room
Master Bedroom
- Level: First
Property
Details
- Parcel number: 035003 00006
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 4,791 sqft
- Features: Some Trees
- Lot size dimensions: 50 x 105
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
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
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 | $450 | $5,400 |
| Home Insurance | $175 | $2,100 |
| Property Taxes | $71 | $852 |
| Electricity | $175 | $2,103 |
| Total | $871 | $10,452 |
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 |
|---|---|---|
| 2026-04-20 | Listed for sale | $89,000 |
| 2026-04-09 | Listed for rent | $910 |
| 2023-03-14 | Sold | $106,000 |
| 2023-01-31 | Listing removed | -- |
| 2023-01-11 | Listed for rent | $825 |
| 2022-06-27 | Sold | $23,000 |
| 2013-04-01 | Sold | $4,000 |
| 2013-02-28 | Pending sale | $4,000 |
| 2013-02-19 | Listed for sale | $4,000 |
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