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3780 Norris Ave, Memphis, TN, 38111

2beds
1baths
744sqft
$75,000
$101price/sqft
$716/moest. monthly cost
$28,640/yrincome needed

About This Home

Well-maintained single-family home, ideal for a family or as an investment property. The property is located in the 38111 area, near shopping malls, restaurants, the University of Memphis, and local entertainment. Heating: Gas forced air furnace. Home includes all appliances. Please do not disturb tenants. Key details: - 2 bedrooms, 1 bathroom - Currently cash-flowing at $640/month - Lease ends on 09/29/2026 - No showings without an accepted offer - No wholesaler offers or offers with assignment of contract language will be accepted.

Getting Around

37
WalkingCar-Dependent
36
TransitSome Transit
28
BikeSomewhat Bikeable

Schools

4/10
5/10
Sherwood Middle SchoolGrades 6-81.3 mi
3/10
Overton High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1939

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

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Wood Laminate Floors,Part Carpet

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 744 sqft

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 058093 00025

Features

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

Lot

  • Lot size: 6,098 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Inland Flooding
Tornado
Lightning

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 $379$4,548
Home Insurance $102$1,224
Property Taxes $60$720
Electricity $175$2,103
Total$716$8,592

Income You'd Need if You Spent...

35% on housing$24,548/yr
40% on housing$21,480/yr
45% on housing$19,093/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 38111$103
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38111$145
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
2026-07-20Listed for sale$75,000
2019-09-19Listing removed$550
2019-08-26Price change$550
2019-07-12Listed for rent$600
2019-04-19Listing removed$38,000
2019-04-03Listed for sale$38,000
2019-04-03Pending sale$38,000
2019-03-21Listed for sale$38,000
2018-10-03Sold$23,500
2018-09-12Pending sale$25,900
2018-08-23Listed for sale$25,900

For Sale by Agent

AgentDonnie K Morrow
BrokerageeXp Realty, LLC

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