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1490 Lockhaven Ave, Memphis, TN, 38106

4beds
3baths
2,290sqft
$35,000
$15price/sqft
$497/moest. monthly cost
$19,880/yrincome needed

About This Home

"Online auction only" 4-bedroom 2.5 bathrooms brick exterior on dead end street. large parking pad. Great investment property to add to your portfolio,

Getting Around

30
WalkingCar-Dependent
28
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

--
--
Hamilton Middle SchoolGrades 6-92.0 mi
3/10
Hamilton High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1941

Materials

  • Construction materials: Brick Veneer,Wood/Composition

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • 1 or More BR Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Part Carpet,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,290 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 060158 00019

Features

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

Lot

  • Lot size: 6,098 sqft
  • Features: Other (See Remarks)
  • Lot size dimensions: 50 x 130

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
  • 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 $176$2,112
Home Insurance $107$1,284
Property Taxes $28$336
Electricity $186$2,232
Total$497$5,964

Income You'd Need if You Spent...

35% on housing$17,040/yr
40% on housing$14,910/yr
45% on housing$13,253/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

$15This listing

vs Other Active Listings

Avg $/sqft

ZIP 38106$39
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38106$54
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
2026-04-23Price change$45,000
2026-03-20Price change$60,000
2025-11-01Listed for sale$79,900
2025-10-19Listing removed$79,900
2025-09-24Price change$79,900
2025-07-18Listed for sale$84,900
2025-07-18Listing removed$94,900
2025-04-26Listed for sale$94,900
2025-03-05Sold$122,349
2022-03-25Listing removed--
2022-03-18Listed for sale$81,600
2021-01-20Listing removed--
2020-11-05Listed for sale$80,000
2016-01-06Listing removed$19,900
2016-01-03Listed for sale$19,900
2014-01-14Listing removed$3,900
2013-12-05Listed for sale$3,900
2012-11-15Sold$10,000
2004-09-16Sold$70,000
2004-05-05Sold$43,000
2003-09-30Sold$37,000

For Sale by Agent

AgentEdwin Engelke
BrokerageUnited Real Estate Mid South

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