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1811 Wells Station Rd, Memphis, TN, 38108

4beds
2baths
1,515sqft
$150,000
$99price/sqft
$1,394/moest. monthly cost
$55,760/yrincome needed

About This Home

WOW! NEW Beautiful Updates/Rehab(over 27K) & 100% Tenant Occupied($1850 Combined Rent w/Current Leases till 3/31/2027! Incredible "TurnKey" Memphis Corner Lot that Feels like a "Duplex"-Main Home 3Bedrm/1Bath) with Fabulous "Private" Guest Apt-Updated 1BR,1BA +Den & Kit! No Showings/Inspections till Agreed Contract in place. A lot of NEW here! Main Home: GRANITE Kit Countertops, Dbl-Stainless Steel Sink +Matte Black Faucet (5/2026), Gas Cooking, New White Bath Vanity(5/2026),FRESH Neutral Exterior/Interior Paint (Walls, Ceilings, Trim, Kit Cabinets),CORETEK Pro LVP Flooring thru-out(2026), H20 Htr(7/2025),Electrical Panel(9/2024),New Side Entry Awning+2-in Faux Wood Blinds. Private Entry Guest Apt: NEW Quartz Kit Ctops, Subway Backsplash, Custom Tiled Shower, Interior/Ext Paint, (H20 Htr-10/2025),2-Ton AC Coil/Condenser(4/2023),New GE Oven, Tiled Flooring & 2-in Faux Wood Blinds too! Both Tenants have Private Fence Gated Driveways w/Extra Parking.

Getting Around

19
WalkingCar-Dependent
17
TransitMinimal Transit
39
BikeSomewhat Bikeable

Schools

7/10
3/10
Kingsbury Middle SchoolGrades 6-81.1 mi
3/10
Kingsbury High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Slab
  • Roof: Composition Shingles
  • Construction materials: Aluminum/Steel Siding,Stone,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: 2+ Water Heaters,Vent Hood/Exhaust Fan,Gas Cooktop,Range/Oven

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: First
  • Area: 117

Bedroom3

  • Level: First
  • Area: 99

Bedroom4

  • Features: Private Full Bath,Tile Floor
  • Level: First
  • Area: 210

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Den

  • Area: 304

Dining Room

  • Area: 80

Features

  • All Bedrooms Down,Full Bath Down,Primary Down,Renovated Bathroom,Walk-In Closet(s),2 or More Baths,2nd Bedroom,3rd Bedroom,4th of More Bedrooms,Den/Great Room,Dining Room,Kitchen,Living Room,Primary Bedroom,Square Feet Source: Floor Plans (Builder/Architecture)
  • Door features: Storm Door(s)
  • Flooring: Tile,Vinyl
  • Attic: Attic Access,Pull Down Stairs

Heating & Cooling

  • Heating features: Central,Dual System,Natural Gas
  • Cooling features: Central Air,Dual

Interior Area

  • Total interior livable area: 1,515 sqft

Kitchen

  • Features: Eat-in Kitchen,Updated/Renovated Kitchen,Washer/Dryer Connections
  • Area: 78

Living Room

  • Features: LR/DR Combination
  • Area: 150

Master Bathroom

  • Features: Tile Floor

Master Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 132

Property

Details

  • Parcel number: 053085 00008

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio,Covered Patio
  • Fencing: Chain Link,Wood,Wood Fence,Chain Fence

Lot

  • Lot size: 8,712 sqft
  • Features: Corner Lot,Some Trees
  • Lot size dimensions: 92 x 97

Parking

  • Parking features: Driveway/Pad,Gated
  • 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 $758$9,096
Home Insurance $340$4,080
Property Taxes $121$1,452
Electricity $175$2,103
Total$1,394$16,728

Income You'd Need if You Spent...

35% on housing$47,794/yr
40% on housing$41,820/yr
45% on housing$37,173/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

$99This 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
2026-07-10Price change$150,000
2026-06-18Price change$164,900
2026-06-04Price change$169,900
2026-05-15Listed for sale$179,900
2023-11-29Listing removed--
2023-11-09Listed for rent$650
2022-09-23Listing removed--
2022-08-26Listed for rent$650
2021-03-24Listing removed--
2018-10-30Sold$85,900
2018-09-26Sold$60,000
2016-02-11Sold$24,000
2016-01-22Listed for sale$24,000

For Sale by Agent

AgentC. Lauren Jones
BrokerageCrye-Leike, Inc., REALTORS

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