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2074 Lowell Ave, Memphis, TN, 38114

3beds
1baths
907sqft
$110,000
$121price/sqft
$1,018/moest. monthly cost
$40,720/yrincome needed

About This Home

Income Producing home located in the S Memphis Area, needing minimal repairs. Investment Property Being Sold As Is. 3 bedroom, 1 bath Rented at $950,. Tenant has been there 4 months. They have 12 months lease. ** Drive by to make offer. DO NOT DISTURB TENANT. Appliances Belong to the Tenant.

Getting Around

27
WalkingCar-Dependent
32
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

3/10
Alcy Elementary SchoolGrades PK-51.6 mi
4/10
3/10
Melrose High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1942

Materials

  • Construction materials: Wood/Composition

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 907 sqft

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 047009 00006

Features

  • Stories: 1
  • Pool features: None
  • Fencing: Wood Fence,Chain Fence

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 34 x 138

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 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 $556$6,672
Home Insurance $199$2,388
Property Taxes $88$1,056
Electricity $175$2,103
Total$1,018$12,216

Income You'd Need if You Spent...

35% on housing$34,902/yr
40% on housing$30,540/yr
45% on housing$27,146/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

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 38114$68
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38114$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)

Price History

DateEventPrice
2026-08-02Listed for sale$110,000
2026-05-02Listing removed$950
2026-04-28Listed for rent$950
2023-11-16Sold$50,000
2023-05-17Listing removed--
2023-03-11Price change$68,500
2023-03-06Price change$69,000
2023-02-12Listed for sale$69,500
2023-02-06Listing removed--
2022-12-07Listed for sale$75,000
2021-12-06Sold$45,000
2021-10-22Listed for sale$48,950
2021-08-23Listing removed--
2021-08-04Listed for rent$725
2021-06-22Listing removed--
2021-06-07Listed for rent$650
2011-01-02Listing removed$7,500
2010-10-30Listed for sale$7,500
2009-07-19Listing removed$21,125
2009-04-10Price change$21,125
2008-12-18Price change$35,000
2008-11-15Listed for sale$45,000
2007-02-06Sold$22,000
2006-08-16Sold$11,000
1999-06-29Sold$37,000
1999-04-21Sold$10,500
1998-05-11Sold$29,600

For Sale by Agent

AgentTrevor V Day
BrokerageMy Casa My House

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