2857 Montague Ave, Memphis, TN, 38114
About This Home
INVESTORS ONLY – TURNKEY CASH FLOW! Immediate income-producing property rented for $860/month with tenant secured through 12/31/2026. Tenant in place since December 2023. Fully renovated in 2023—new roof, HVAC, water heater, and updated interiors. Low-maintenance asset, professionally managed. Ledger and maintenance records available. No wholesale, assignment, or seller financing. Please do not disturb tenant.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1953
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Den
- Area: 100
Dining Room
- Area: 100
Features
- All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 801 sqft
Living Room
- Features: Great Room
- Area: 100
Master Bedroom
- Area: 100
Property
Details
- Parcel number: 059026 00008
Features
- Stories: 1
- Pool features: None
- Patio & porch: Patio
Lot
- Lot size: 8,276 sqft
- Features: Level
- Lot size dimensions: 63 x 136
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- 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
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $530 | $6,360 |
| Home Insurance | $190 | $2,280 |
| Property Taxes | $84 | $1,008 |
| Electricity | $175 | $2,103 |
| Total | $979 | $11,748 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $105,000 |
| 2026-02-12 | Listed for sale | $110,000 |
| 2023-12-25 | Listing removed | -- |
| 2023-11-21 | Price change | $860 |
| 2023-11-01 | Listed for rent | $885 |
| 2023-03-24 | Sold | $110,500 |
| 2023-02-16 | Listing removed | -- |
| 2023-01-29 | Listed for rent | $860 |
| 2022-08-19 | Sold | $38,000 |
View on Zillow