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1450 South Ave, Memphis, TN, 38106

2beds
1baths
852sqft
$69,900
$82price/sqft
$797/moest. monthly cost
$31,880/yrincome needed

About This Home

Opportunity awaits! This all-brick 2-bedroom, 1-bath home is full of potential for investors, flippers, or buyers looking to renovate and build equity. Major improvements have already been completed, including a roof approximately 2 years old, along with updated plumbing and electrical. The home is ready for your personal touch and offers the chance to customize flooring, kitchen, paint, and bathroom finishes to your style. Conveniently located with easy access to Downtown Memphis, schools, parks, and major roadways. Whether you're expanding your investment portfolio or searching for your next renovation project, this property offers a great opportunity. Property is being sold AS-IS.

Getting Around

47
WalkingCar-Dependent
30
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

4/10
Hamilton SchoolGrades PK-80.2 mi
3/10
Hamilton High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

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

Heating & Cooling

  • Heating features: Other (See REMARKS)
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 852 sqft

Living Room

  • Features: Separate Living Room
  • Area: 156

Master Bedroom

  • Area: 156

Property

Details

  • Parcel number: 048020 00026

Features

  • Stories: 1
  • Pool features: None
  • Fencing: Chain Link

Lot

  • Lot size: 2,940 sqft
  • Features: Level
  • Lot size dimensions: 37.5 x 78.4

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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Earthquake
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 $353$4,236
Home Insurance $213$2,556
Property Taxes $56$672
Electricity $175$2,103
Total$797$9,564

Income You'd Need if You Spent...

35% on housing$27,325/yr
40% on housing$23,910/yr
45% on housing$21,253/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

$82This listing

vs Other Active Listings

Avg $/sqft

ZIP 38106$38
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38106$54
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
2026-07-23Listed for sale$69,900
2006-01-04Sold$55,000
2005-10-25Sold$26,000
2005-08-04Sold$26,000

For Sale by Agent

AgentGabriell Thomas
BrokerageKeller Williams

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