3465 Spottswood Ave, Memphis, TN, 38111
About This Home
Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are really going up in this area! ONLINE VIDEO AVAILABLE UPON REQUEST! Do not approach or disturb tenant. No showings without an accepted offer. No wholesalers or assignments & seller isn't interested in owner or creative financing. Seller is also selling 1690 Berkshire (can be bought individually or in bulk).
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1937
Materials
- Construction materials: Wood/Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,171 sqft
Kitchen
- Features: Pantry
Property
Details
- Parcel number: 045118 00029
Features
- Stories: 1
- Pool features: None
- Exterior features: Other (See REMARKS)
- Living area range: 1000-1199
Lot
- Lot size: 0.27 Acres
- Features: Level
- Lot size dimensions: 50 x 239
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 | $656 | $7,872 |
| Home Insurance | $176 | $2,112 |
| Property Taxes | $105 | $1,260 |
| Electricity | $175 | $2,103 |
| Total | $1,112 | $13,344 |
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 |
|---|---|---|
| 2025-07-25 | Listed for sale | $129,900 |
| 2025-07-02 | Pending sale | $129,900 |
| 2025-05-19 | Listed for sale | $129,900 |
| 2025-04-03 | Listing removed | $129,900 |
| 2024-10-15 | Price change | $129,900 |
| 2024-10-09 | Listed for sale | $130,000 |
| 2022-11-22 | Sold | $130,000 |
| 2022-10-28 | Pending sale | $134,900 |
| 2022-10-17 | Contingent | $134,900 |
| 2022-09-20 | Listed for sale | $134,900 |
| 2022-05-02 | Sold | $99,900 |
| 2001-04-06 | Sold | $40,000 |
| 1994-08-08 | Sold | $21,000 |
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