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1863 Marjorie St, Memphis, TN, 38106

2beds
1baths
819sqft
$74,000
$90price/sqft
$834/moest. monthly cost
$33,360/yrincome needed

About This Home

Great cash flowing home. 2 bed, 1 bath property available! Currently MHA tenant occupied at $1136/month. Do not disturb tenants! AC Unit installed 2025, Heater installed 2024. Do not miss out on this one!

Getting Around

17
WalkingCar-Dependent
25
TransitSome Transit
23
BikeSomewhat Bikeable

Schools

3/10
--
South Side Middle SchoolGrades 6-80.4 mi
3/10
Hamilton High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1949

Type & Style

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

Interior

Bedroom2

  • Features: Hardwood Floor
  • Level: First

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,1 or More BR Down,Full Bath Down,Living Room,Dining Room,Kitchen,Primary Bedroom,2nd Bedroom,1 Bath,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 819 sqft

Living Room

  • Features: Separate Living Room

Master Bedroom

  • Features: Hardwood Floor
  • Level: First

Property

Details

  • Parcel number: 049079 00031

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)
  • Fencing: Chain Link

Lot

  • Lot size: 9,583 sqft
  • Features: Some Trees
  • Lot size dimensions: 50 x 200

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 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 $374$4,488
Home Insurance $226$2,712
Property Taxes $59$708
Electricity $175$2,103
Total$834$10,008

Income You'd Need if You Spent...

35% on housing$28,594/yr
40% on housing$25,020/yr
45% on housing$22,240/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

$90This 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)

Price History

DateEventPrice
2026-03-19Price change$74,000
2025-12-23Listed for sale$89,000
2024-03-08Sold$70,000
2024-02-23Pending sale$70,000
2024-01-08Listed for sale$70,000
2023-07-13Listing removed--
2023-06-07Price change$850
2023-05-17Listed for rent$875
2023-05-08Listing removed--
2023-03-25Listed for rent$950
2019-03-05Listing removed$550
2019-02-19Listed for rent$550
2008-08-29Sold$8,500
2008-04-09Sold$11,200
2006-09-07Sold$51,500
2006-03-09Sold$9,000

For Sale by Agent

AgentMarissa Miller
BrokerageThe Stamps Real Estate Company

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