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1170 Parkland Rd, Memphis, TN, 38111

2beds
1baths
781sqft
$84,900
$109price/sqft
$787/moest. monthly cost
$31,480/yrincome needed

About This Home

Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

Getting Around

35
WalkingCar-Dependent
30
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

6/10
5/10
Sherwood Middle SchoolGrades 6-80.4 mi
3/10
Melrose High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1946

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (See Remarks)
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Other (See REMARKS)
  • Cooling features: Other (See REMARKS)

Interior Area

  • Total interior livable area: 781 sqft

Property

Details

  • Parcel number: 059085 00019

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 0.25 Acres
  • Features: Other (See Remarks)
  • Lot size dimensions: 61 x 167

Parking

  • Parking features: Other (See REMARKS)

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
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
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 $429$5,148
Home Insurance $115$1,380
Property Taxes $68$816
Electricity $175$2,103
Total$787$9,444

Income You'd Need if You Spent...

35% on housing$26,982/yr
40% on housing$23,610/yr
45% on housing$20,986/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

$109This 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
2026-07-24Listed for sale$84,900
2023-11-06Listing removed--
2023-05-31Listing removed$79,900
2023-05-17Contingent$79,900
2023-05-04Listed for sale$79,900
2019-06-24Sold$33,250
2019-05-17Pending sale$39,900
2019-03-28Listed for sale$39,900
2018-06-01Sold$34,500
2018-04-11Listed for sale$36,900
2015-02-27Listing removed$600
2015-02-07Listed for rent$600
2003-10-29Sold$16,250
2003-06-17Sold$30,600

For Sale by Agent

AgentDean Harris
BrokerageCrestCore Realty MphsBrokerage

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