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2741 Margot St, Memphis, TN, 38118

2beds
1baths
844sqft
$86,400
$102price/sqft
$809/moest. monthly cost
$32,360/yrincome needed

About This Home

Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $995/month. The lease ends on 8/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Getting Around

16
WalkingCar-Dependent
36
TransitSome Transit
31
BikeSomewhat Bikeable

Schools

4/10
Getwell Elementary SchoolGrades PK-50.5 mi
6/10
4/10
Sheffield High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1956

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: 844 sqft

Property

Details

  • Parcel number: 073021 00014

Features

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

Lot

  • Lot size: 7,840 sqft
  • Features: Other (See Remarks)
  • Lot size dimensions: 60 x 133

Parking

  • Total spaces: 1
  • Parking features: Other (See REMARKS)
  • Covered spaces: 1

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

  • Earthquake
    EarthquakeVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Tornado
Cold Wave
Heat Wave
Inland Flooding

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 $436$5,232
Home Insurance $129$1,548
Property Taxes $69$828
Electricity $175$2,103
Total$809$9,708

Income You'd Need if You Spent...

35% on housing$27,737/yr
40% on housing$24,270/yr
45% on housing$21,573/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

$102This listing

vs Other Active Listings

Avg $/sqft

ZIP 38118$70
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38118$96
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
2026-03-03Price change$89,900
2026-02-05Listed for sale$94,900
2025-04-04Listing removed$995
2025-03-14Listed for rent$995
2020-03-10Sold$65,000
2019-08-15Sold$20,100
2004-06-10Sold$34,750
2001-05-14Sold$47,040
1997-12-16Sold$47,000
1997-07-28Sold$16,100

For Sale by Agent

AgentDean Harris
BrokerageCrestCore Realty MphsBrokerage

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