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1345 Maria St, Memphis, TN, 38122

2beds
1baths
991sqft
$100,000
$101price/sqft
$867/moest. monthly cost
$34,680/yrincome needed

About This Home

Investor's Dream in Memphis! Don't miss this incredible opportunity to own 1345 Maria Street — a prime investment property with tons of potential. This home offers strong rental income possibilities and is located in a rapidly growing area of Memphis. Whether you're looking to add to your portfolio or start your real estate investing journey, this is a deal you’ll want to move on quickly. With a little vision and TLC, this property could become a cash-flowing gem. Priced to sell and won't last long — schedule your showing today!

Getting Around

21
WalkingCar-Dependent
27
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

4/10
3/10
Kingsbury Middle SchoolGrades 6-80.4 mi
3/10
Kingsbury High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1948

Materials

  • Construction materials: Wood/Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • 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: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 991 sqft

Kitchen

  • Features: Washer/Dryer Connections

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 053013 00007

Features

  • Stories: 1
  • Pool features: None
  • Fencing: Wood

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 60 x 149

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad,Garage Faces Front
  • Has garage: Yes
  • Covered spaces: 2
  • 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 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 $505$6,060
Home Insurance $107$1,284
Property Taxes $80$960
Electricity $175$2,103
Total$867$10,404

Income You'd Need if You Spent...

35% on housing$29,725/yr
40% on housing$26,010/yr
45% on housing$23,120/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 38122$81
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38122$114
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
2025-11-20Price change$100,000
2025-10-14Listed for sale$120,000
2025-10-12Listing removed$120,000
2025-05-07Price change$120,000
2025-04-11Price change$130,000
2025-03-04Listed for sale$110,000
2024-07-01Listing removed--
2024-04-22Contingent$120,000
2023-10-09Listed for sale$120,000
2023-08-24Listing removed--
2023-05-25Listing removed$145,000
2023-05-23Listed for sale$145,000
2021-06-14Sold$80,285
2021-05-25Price change$79,900
2021-04-06Price change$84,900
2021-04-04Listed for sale$79,000
2016-04-08Listing removed$725
2016-02-11Price change$725
2016-02-07Listed for rent$650
2013-06-03Listing removed$700
2013-05-17Listed for rent$700
2005-07-28Sold$52,500

For Sale by Agent

AgentCourtney D Clark
BrokerageKeller Williams

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