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2428 Vollintine Ave, Memphis, TN, 38108

2beds
2baths
1,224sqft
$162,000
$132price/sqft
$1,491/moest. monthly cost
$59,640/yrincome needed

About This Home

INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,500/month ($750 per unit) with leases in place through the end of the year. Both tenants are current and have a consistent payment history. Property was fully renovated in 2023, including a new roof, AC, furnace, water heater, plumbing, electrical updates, and cosmetic improvements. Professionally managed—tenant ledger and maintenance records available upon request. Please do not disturb tenants.

Getting Around

54
WalkingSomewhat Walkable
32
TransitSome Transit
53
BikeBikeable

Schools

3/10
4/10
Grandview Heights MiddleGrades 6-83.1 mi
3/10
Manassas High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen
  • Flooring: Part Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,224 sqft

Property

Details

  • Parcel number: 052025 00007

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio

Lot

  • Lot size: 6,250 sqft
  • Features: Level
  • Lot size dimensions: 50 x 125

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
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

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 $819$9,828
Home Insurance $367$4,404
Property Taxes $130$1,560
Electricity $175$2,103
Total$1,491$17,892

Income You'd Need if You Spent...

35% on housing$51,120/yr
40% on housing$44,730/yr
45% on housing$39,760/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

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 38108$50
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38108$65
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
2026-03-09Listed for sale$169,900
2024-02-13Sold$169,800
2023-11-02Listing removed--
2023-10-19Price change$705
2023-09-20Listed for rent$725
2022-10-20Sold$25,000

For Sale by Agent

AgentJeremy R Veldman
BrokerageKAIZEN Realty, LLC

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