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973 Maria St, Memphis, TN, 38122

2beds
1baths
841sqft
$174,800
$208price/sqft
$1,387/moest. monthly cost
$55,480/yrincome needed

About This Home

This all brick 2-bedroom 1 bath Berclair neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! Home is in need of mid-level rehab. This home is vacant. Owner has professional contractors available to complete rehab for "hands-off" investment! Other homes are 967 Maria, 1185 Wrenwood, 2312 Wellons, 2184 Ashland (Southaven, MS), 6467 Tulane (Horn Lake, MS) (three of the six homes are tenant occupied with long-term tenants - day one cashflow in place)! $1,050,000.00 (PRICE UPDATED for bundle!). Owner willing to rehab and sale to Owner Occupants separately as well! We specialize in investment properties and have other opportunities available! DO NOT Disturb Tenants. No inspections without contract.

Getting Around

25
WalkingCar-Dependent
24
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

7/10
5/10
Treadwell Middle SchoolGrades 6-80.6 mi
3/10
Kingsbury High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1947

Materials

  • Construction materials: Wood/Composition

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Dining Room

  • Features: Separate Dining Room
  • Area: 168

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 841 sqft

Living Room

  • Features: Separate Living Room

Master Bedroom

  • Area: 196

Property

Details

  • Parcel number: 038088 00031

Features

  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 7,405 sqft
  • Features: Level
  • Lot size dimensions: 60 x 130

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 WaveRelatively High
  • Tornado
    TornadoRelatively High

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 $883$10,596
Home Insurance $188$2,256
Property Taxes $141$1,692
Electricity $175$2,103
Total$1,387$16,644

Income You'd Need if You Spent...

35% on housing$47,554/yr
40% on housing$41,610/yr
45% on housing$36,986/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

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 38122$81
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38122$114
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$174,800
2026-03-13Listed for sale$174,900
2025-11-27Listing removed$1,145
2025-11-06Listed for rent$1,145
2025-06-28Listing removed$1,290
2025-03-24Price change$1,290
2025-03-17Listed for rent$1,295
2025-03-04Listing removed$1,290
2025-02-21Listed for rent$1,290
2024-03-05Listing removed--
2024-02-20Listed for rent$1,250
2023-02-28Listing removed--
2023-02-26Listed for rent$1,190
2023-01-05Listing removed--
2022-12-15Listed for rent$1,190
2022-11-24Sold$87,000
2022-10-27Pending sale$110,000
2022-09-22Price change$110,000
2022-09-07Listed for sale$120,000
2020-03-13Sold$45,000
2013-01-18Sold$22,000
2013-01-04Pending sale$22,000
2012-12-29Listed for sale$22,000
2004-12-17Sold$53,000

For Sale by Agent

AgentDerrick D Brown
BrokerageIndependence Realty&Investment

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