537 E Davant Ave, Memphis, TN, 38106
About This Home
Investor Opportunity/Future Homeowner Potential/Renovation in Progress Unlock the potential of this promising property located in the heart of South Memphis. Whether you're an investor looking for your next value-add project, a landlord seeking to expand your rental portfolio, or a first-time homebuyer ready to customize your future home, this property offers a unique opportunity. Renovations are currently underway, providing the flexibility to purchase the home in its current condition or benefit from additional improvements should the renovation be completed. Conveniently located near downtown Memphis, major employers, parks, schools. Bring your contractor, your imagination, and your vision for what's possible. Property Highlights: Renovation in progress Opportunity to purchase partially completed or completed Excellent investment or owner-occupant opportunity Convenient Memphis location with easy access to Showings by appointment only - Contact Listing Agent
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1928
Type & Style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate Dining Room
Features
- All Bedrooms Down,Square Feet Source: Appraisal
- Flooring: Vinyl
Heating & Cooling
- Heating features: Other (See REMARKS)
- Cooling features: Other (See REMARKS)
Interior Area
- Total interior livable area: 1,257 sqft
Living Room
- Features: Separate Living Room
Property
Details
- Parcel number: 049011 00013
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 8,712 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 60 x 150
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
- Earthquake
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
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 | $606 | $7,272 |
| Home Insurance | $367 | $4,404 |
| Property Taxes | $97 | $1,164 |
| Electricity | $175 | $2,103 |
| Total | $1,245 | $14,940 |
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 |
|---|---|---|
| 2026-07-24 | Listed for sale | $120,000 |
| 2026-06-22 | Sold | $52,500 |
View on Zillow