2344 Warren St, Memphis, TN, 38106
About This Home
Turnkey investment opportunity in the heart of South Memphis! This renovated 3-bedroom, 1-bath home at 2344 Warren St, Memphis, TN 38106 is cash-flow ready with projected rental income of $950 per month. Priced at just $65,000, this property offers strong returns for both new and seasoned investors. Features include updated flooring, fresh paint, spacious living areas, and a large yard. Conveniently located near schools, parks, major roadways, and downtown Memphis. Whether you're looking to expand your rental portfolio or secure an affordable income-producing property, this one checks the boxes. Don’t miss this affordable Memphis investment with solid rental potential!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1952
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,1 or More BR Down,Primary Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Tile,Wood Laminate Floors
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 715 sqft
Living Room
- Features: Separate Living Room
Property
Details
- Parcel number: 060039 00096
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
- Earthquake
- Heat Wave
- Tornado
- 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 | $328 | $3,936 |
| Home Insurance | $198 | $2,376 |
| Property Taxes | $52 | $624 |
| Electricity | $175 | $2,103 |
| Total | $753 | $9,036 |
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 |
|---|---|---|
| 2026-06-26 | Listed for sale | $65,000 |
| 2026-06-15 | Pending sale | $65,000 |
| 2026-05-22 | Listed for sale | $65,000 |
| 2026-05-01 | Listing removed | $68,250 |
| 2025-12-10 | Listed for sale | $68,250 |
| 2025-03-08 | Listing removed | $950 |
| 2025-01-01 | Price change | $950 |
| 2024-09-28 | Price change | $995 |
| 2024-09-17 | Price change | $945 |
| 2024-08-31 | Price change | $895 |
| 2024-08-20 | Listed for rent | $850 |
| 2024-08-19 | Sold | $65,000 |
| 2024-07-17 | Contingent | $75,000 |
| 2024-06-27 | Listed for sale | $75,000 |
| 2024-06-21 | Contingent | $75,000 |
| 2024-05-31 | Listed for sale | $75,000 |
| 2023-12-29 | Sold | $16,000 |
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