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3084 Signal St, Memphis, TN, 38127

3beds
2baths
1,198sqft
$85,000
$71price/sqft
$851/moest. monthly cost
$34,040/yrincome needed

About This Home

Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $645 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

Getting Around

35
WalkingCar-Dependent
30
TransitSome Transit
29
BikeSomewhat Bikeable

Schools

4/10
4/10
Grandview Heights MiddleGrades 6-81.4 mi
3/10
Trezevant High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1952

Materials

  • Construction materials: Brick Veneer

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,198 sqft

Property

Details

  • Parcel number: 070073 00023

Features

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

Lot

  • Lot size: 0.33 Acres
  • Features: Other (See Remarks)
  • Lot size dimensions: 70 x 212

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
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

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 $179$2,148
Property Taxes $68$816
Electricity $175$2,103
Total$851$10,212

Income You'd Need if You Spent...

35% on housing$29,177/yr
40% on housing$25,530/yr
45% on housing$22,693/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

$71This listing

vs Other Active Listings

Avg $/sqft

ZIP 38127$49
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38127$71
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$85,000
2019-06-19Sold$38,793
2019-02-13Listed for sale$45,000
2018-12-21Listing removed$45,000
2018-07-22Listed for sale$45,000
2017-03-27Listing removed$595
2017-01-30Listed for rent$595
2016-02-26Listing removed$595
2016-01-15Price change$595
2015-12-14Listed for rent$625
2014-04-08Listing removed$550
2014-01-22Listed for rent$550
2004-08-03Sold$31,250
2004-04-14Sold$71,100
2000-09-11Sold$55,999

For Sale by Agent

AgentFredrick A Sengstacke
BrokerageKAIZEN Realty, LLC

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