3588 Bowen Ave, Memphis, TN, 38122
About This Home
Welcome to this charming, fully renovated duplex offering exceptional flexibility and investment potential. Each side features 2 spacious bedrooms and 1 beautifully updated bathroom, creating comfortable and modern living spaces throughout. Live comfortably in one unit while generating rental income from the other, or lease both sides to maximize your return. Don't miss your chance to own a versatile, turnkey property that combines comfort, convenience, and income-producing potential.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1946
Materials
- Roof: Composition Shingles
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Duplex
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Sprayed Ceiling,Eat-in Kitchen,Separate Living Room,W/D Connection in Kitchen
- Window features: Wood Frames,Aluminum Frames
- Flooring: Carpet,Part Carpet,Vinyl
- Attic: Pull Down Stairs
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,594 sqft
Property
Details
- Parcel number: 038059 00027
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 10,000 sqft
- Features: Level,Historic District
- Lot size dimensions: 50 x 200
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
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 | $960 | $11,520 |
| Home Insurance | $204 | $2,448 |
| Property Taxes | $153 | $1,836 |
| Electricity | $175 | $2,103 |
| Total | $1,492 | $17,904 |
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 |
|---|---|---|
| 2026-08-07 | Price change | $175,000 |
| 2026-06-26 | Price change | $190,000 |
| 2026-06-12 | Listed for sale | $200,000 |
| 2026-01-26 | Listing removed | $900 |
| 2025-12-01 | Listed for rent | $900 |
| 2024-09-19 | Listing removed | $925 |
| 2024-08-27 | Price change | $795 |
| 2024-06-28 | Price change | $825 |
| 2024-06-26 | Price change | $850 |
| 2024-06-19 | Price change | $895 |
| 2024-05-29 | Listed for rent | $925 |
| 2024-05-24 | Listing removed | $925 |
| 2024-05-18 | Listed for rent | $925 |
| 2022-03-30 | Sold | $199,000 |
| 2022-02-24 | Listing removed | -- |
| 2022-02-02 | Listed for rent | $850 |
| 2021-08-17 | Sold | $60,000 |
| 2012-04-04 | Listing removed | $450 |
| 2012-03-18 | Listed for rent | $450 |
| 2011-04-28 | Sold | $62,900 |
| 2011-03-10 | Sold | $49,320 |
| 2011-02-19 | Pending sale | $20,600 |
| 2011-02-02 | Price change | $20,600 |
| 2010-08-28 | Listed for sale | $49,000 |
| 2006-10-23 | Sold | $72,000 |
View on Zillow