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1852 Tutwiler Ave, Memphis, TN, 38107

6beds
3baths
3,536sqft
$420,000
$119price/sqft
$3,156/moest. monthly cost
$126,240/yrincome needed

About This Home

Great investment opportunity! This duplex offers immediate income potential with one side already occupied by a month-to-month tenant paying $680/month, while the other unit is vacant and ready for an owner-occupant or a new tenant. Live in one unit and let the rental income help offset your mortgage, or lease the vacant side to maximize cash flow. Conveniently located with easy access to downtown Memphis, major highways, schools, shopping, and dining. Whether you're an investor looking to expand your portfolio or a buyer seeking a house hack opportunity, this property offers flexibility and value. Schedule your showing today!

Getting Around

54
WalkingSomewhat Walkable
31
TransitSome Transit
78
BikeVery Bikeable

Schools

6/10
Snowden Elementary/MiddleGrades PK-80.1 mi
4/10
Central High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1922

Materials

  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Separate Dining Room

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,536 sqft

Property

Details

  • Parcel number: 036066 00028

Features

  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 8,276 sqft
  • Features: Level
  • Lot size dimensions: 57.465/60 x 150/147.465

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

  • Earthquake
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Earthquake
Cold Wave
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 $2,123$25,476
Home Insurance $407$4,884
Property Taxes $339$4,068
Electricity $287$3,447
Total$3,156$37,872

Income You'd Need if You Spent...

35% on housing$108,205/yr
40% on housing$94,680/yr
45% on housing$84,160/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

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 38107$79
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)

Price History

DateEventPrice
2026-07-28Listed for sale$420,000
2026-04-08Listing removed$2,100
2025-06-27Price change$2,100
2025-03-23Price change$2,300
2024-12-31Listed for rent$2,500
2023-03-27Listing removed--
2023-03-19Listed for rent$2,100
2022-11-03Listing removed--
2022-07-16Price change$2,400
2022-06-06Price change$2,600
2022-04-27Price change$2,800
2022-02-12Listed for rent$3,000
2021-05-18Listing removed--
2021-03-20Listed for rent$3,100
2021-02-25Listing removed--
2020-06-07Listing removed$3,000
2020-04-09Price change$3,000
2020-01-25Listed for rent$3,200
2019-12-19Sold$302,000
2019-11-06Listed for sale$349,900
2009-06-19Sold$45,501

For Sale by Agent

AgentDavid N Truong
BrokerageeXp Realty, LLC

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