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2607 Barron Ave, Memphis, TN, 38114

3beds
1baths
1,100sqft
$80,000
$73price/sqft
$788/moest. monthly cost
$31,520/yrincome needed

About This Home

PLEASE DO NOT DISTURB THE TENANT. Fantastic investment opportunity or addition to your rental portfolio! Built in 1932, this classic 3-bedroom, 1-bath single-family home offers 1,100 sq. ft. of comfortable living space on a generous 0.25-acre lot (50x218) in the Cherokee subdivision (Barron Heights). Featuring a highly functional 6-room, single-story layout with all 3 bedrooms on the main level, this property is full of character and potential. Conveniently located with quick, easy access to I-240 and Airways Blvd. Tenant occupied—perfect for an investor looking for immediate rental income! Sold strictly as-is

Getting Around

66
WalkingSomewhat Walkable
33
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

3/10
Dunbar Elementary SchoolGrades PK-50.4 mi
5/10
Sherwood Middle SchoolGrades 6-81.7 mi
3/10
Melrose High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1932

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (See Remarks)
  • Property subType: Single Family Residence

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: Wood Laminate Floors

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,100 sqft

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 047071 00011

Features

  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.25 Acres
  • Features: Level
  • Lot size dimensions: 50 x 218

Parking

  • Parking features: Driveway/Pad,Garage Door Opener
  • Has garage: Yes
  • 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 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 $404$4,848
Home Insurance $145$1,740
Property Taxes $64$768
Electricity $175$2,103
Total$788$9,456

Income You'd Need if You Spent...

35% on housing$27,017/yr
40% on housing$23,640/yr
45% on housing$21,013/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

$73This 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
2026-07-17Listed for sale$80,000
2026-04-01Listing removed$88,000
2026-01-07Price change$88,000
2025-09-06Listed for sale$97,000
2020-03-05Sold$39,000
2020-02-08Listed for sale$43,000
2020-01-01Listing removed$45,000
2019-07-10Listed for sale$45,000
2016-10-06Listing removed$32,000
2016-09-07Price change$32,000
2016-08-12Price change$33,000
2016-08-05Price change$33,900
2016-07-29Price change$34,000
2016-07-18Price change$35,000
2016-07-09Price change$36,850
2016-07-06Price change$36,900
2016-06-16Price change$37,000
2016-05-31Price change$38,000
2016-05-15Price change$39,000
2016-03-28Listed for sale$40,000
2008-07-09Sold$12,525
2007-07-27Sold$54,118
2006-11-30Sold$55,000
2006-08-15Sold$19,000
2005-04-04Sold$53,360

For Sale by Agent

AgentCurtis W Bleeker
BrokerageKAIZEN Realty, LLC

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