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1662 Sailors St, Memphis, TN, 38108

3beds
1baths
946sqft
$130,000
$137price/sqft
$1,232/moest. monthly cost
$49,280/yrincome needed

About This Home

INVESTORS: LOOK NO FURTHER! Long term tenant AND shop in the back!!! This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $1,100.00 per month. Priced to SELL!!!!!

Getting Around

22
WalkingCar-Dependent
28
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

7/10
3/10
Kingsbury Middle SchoolGrades 6-80.7 mi
3/10
Kingsbury High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Vinyl Siding,Wood/Composition

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,Full Bath Down,Primary Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Door features: Storm Door(s)
  • Window features: Aluminum Frames

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 946 sqft

Kitchen

  • Features: Eat-in Kitchen,Pantry,Washer/Dryer Connections

Living Room

  • Features: LR/DR Combination

Property

Details

  • Parcel number: 053040 00025

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Sidewalks
  • Fencing: Chain Link

Lot

  • Lot size: 6,098 sqft
  • Features: Level
  • Lot size dimensions: 50 x 130

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad,Workshop in Garage
  • 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

  • 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 $657$7,884
Home Insurance $295$3,540
Property Taxes $105$1,260
Electricity $175$2,103
Total$1,232$14,784

Income You'd Need if You Spent...

35% on housing$42,240/yr
40% on housing$36,960/yr
45% on housing$32,853/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

$137This 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)

No zestimate history available

Price History

DateEventPrice
2026-03-10Listed for sale$130,000

For Sale by Agent

AgentFrank H Colvett
BrokerageREMAX Experts

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