3484 Vernon Ave, Memphis, TN, 38122
About This Home
Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex home is in the 38122 area. Unit 3484 is vacant, Unit 3486 is occupied for $675, lease ends on 8/31/2026. No wholesaler offers or offers with assignment of contract language will be accepted.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1941
Type & Style
- Home type: MultiFamily
- Architectural style: Other (See REMARKS)
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Great Room
Heating & Cooling
- Heating features: Other (See Remarks)
- Cooling features: Other (See Remarks)
Interior Area
- Total interior livable area: 1,300 sqft
Property
Details
- Parcel number: 043071 00063
Features
- Stories: 1
- Pool features: None
Lot
- Lot size: 7,500 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 50 x 150
Parking
- Parking features: Other (See REMARKS)
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
- Heat Wave
- Tornado
- Earthquake
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 | $656 | $7,872 |
| Home Insurance | $139 | $1,668 |
| Property Taxes | $105 | $1,260 |
| Electricity | $175 | $2,103 |
| Total | $1,075 | $12,900 |
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 |
|---|---|---|
| 2026-05-13 | Listed for rent | $775 |
| 2026-05-11 | Listing removed | $775 |
| 2026-04-28 | Listed for rent | $775 |
| 2026-04-28 | Listing removed | $775 |
| 2026-03-26 | Price change | $775 |
| 2026-03-19 | Listed for sale | $129,900 |
| 2026-03-11 | Listed for rent | $925 |
| 2026-02-27 | Listing removed | $139,900 |
| 2025-10-03 | Price change | $139,900 |
| 2025-08-01 | Listed for sale | $140,000 |
| 2021-09-10 | Sold | $87,000 |
| 2021-06-11 | Sold | $60,000 |
| 2019-09-11 | Sold | $55,000 |
| 2015-08-14 | Sold | $3,000 |
View on Zillow