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3818 Grey Rd, Memphis, TN, 38108

3beds
1baths
1,193sqft
$121,030
$101price/sqft
$1,157/moest. monthly cost
$46,280/yrincome needed

About This Home

Renovated rental property with an active lease in place. Currently leased at $750 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.

Getting Around

27
WalkingCar-Dependent
30
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

4/10
3/10
Kingsbury Middle SchoolGrades 6-80.6 mi
3/10
Kingsbury High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1942

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 1 or More BR Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,193 sqft

Property

Details

  • Parcel number: 053007 00005

Features

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

Lot

  • Lot size: 6,098 sqft
  • Features: Level
  • Lot size dimensions: 94 x 106

Parking

  • Parking features: Other (See REMARKS)

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 WaveVery High
  • Heat Wave
    Heat WaveVery High
  • Tornado
    TornadoVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Inland Flooding
Lightning
Winter Weather

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 $611$7,332
Home Insurance $274$3,288
Property Taxes $97$1,164
Electricity $175$2,103
Total$1,157$13,884

Income You'd Need if You Spent...

35% on housing$39,668/yr
40% on housing$34,710/yr
45% on housing$30,853/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

$101This 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
2026-01-20Listed for sale$121,030
2018-09-11Sold$19,000
2018-06-28Listed for sale--
1997-11-18Sold$40,000

For Sale by Agent

AgentCaleb Hall
BrokerageKeller Williams

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