See other homes in:

1214 Weakley Ave, Memphis, TN, 38107

2beds
2baths
1,092sqft
$30,000
$27price/sqft
$379/moest. monthly cost
$15,160/yrincome needed

About This Home

This brick home on concrete foundation needs a full remodel. The best part is it has good strong bones. No cracks in the brick or structure. Will need a roof , windows, and all trades. Perfect opportunity to invest right at the outer edge of Memphis 3.0. This is a great chance to be a part of the development happening in the area with several new builds nearby. Less than 1 minute from the interstate 240. Value add is present. This could easily be a 3/2, 4/2 or turned back into a 1/1 duplex. You got options!

Getting Around

10
WalkingCar-Dependent
31
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

3/10
4/10
Grandview Heights MiddleGrades 6-82.7 mi
3/10
Manassas High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1949

Materials

  • Roof: Composition
  • Construction materials: masonry

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Fireplace: Yes

Heating

  • Heating features: Forced air

Interior Area

  • Total interior livable area: 1,092 sqft

Property

Details

  • Parcel number: 04002500047

Features

  • Exterior features: Brick

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 2
  • Parking features: Off-street

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 WaveModerate
  • Earthquake
    EarthquakeModerate
  • 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 $151$1,812
Home Insurance $29$348
Property Taxes $24$288
Electricity $175$2,103
Total$379$4,548

Income You'd Need if You Spent...

35% on housing$12,994/yr
40% on housing$11,370/yr
45% on housing$10,106/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

$27This listing

vs Other Active Listings

Avg $/sqft

ZIP 38107$81
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)

No zestimate history available

Price History

DateEventPrice
2026-08-16Listed for sale$30,000
2026-08-12Listing removed$30,000
2026-07-31Listed for sale$30,000
2025-09-08Listing removed$35,000
2025-08-14Listed for sale$35,000

For Sale by Owner

AgentProperty Owner

Similar Homes