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2860 Castleman St, Memphis, TN, 38118

4beds
2baths
1,986sqft
$180,000
$91price/sqft
$1,500/moest. monthly cost
$60,000/yrincome needed

About This Home

INVESTERS ONLY!!! Tenant occupied 4bed 2bath brick home rented at $1425/mo. This could be a great addition to your rental portfolio. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed by Renshaw. LEASE AND LEDGER AVAILABLE UPON REQUEST. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd, 3889 Birchmeadow Cv, 3063 Christine Rd, and 3104 Kingsgate. Can be bought in 4-6 property packages. Kingsgate, both Christine's, and Brompton are available individually with acceptable offer. No assignments, no wholesalers, no creative financing or owner financing available.

Getting Around

33
WalkingCar-Dependent
25
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

4/10
Evans Elementary SchoolGrades PK-50.6 mi
2/10
Wooddale High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1964

Materials

  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,986 sqft

Kitchen

  • Features: Pantry

Property

Details

  • Parcel number: 074001 00019

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio

Lot

  • Lot size: 0.25 Acres
  • Features: Some Trees,Corner Lot
  • Lot size dimensions: 95 x 115

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad
  • Covered spaces: 2
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Inland Flooding
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 $910$10,920
Home Insurance $270$3,240
Property Taxes $145$1,740
Electricity $175$2,103
Total$1,500$18,000

Income You'd Need if You Spent...

35% on housing$51,428/yr
40% on housing$45,000/yr
45% on housing$40,000/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

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 38118$69
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
2026-01-16Listed for sale$180,000
2020-02-03Listing removed$1,195
2020-01-29Price change$1,195
2020-01-15Price change$1,295
2019-12-27Price change$1,310
2019-12-23Listed for rent$1,115
2019-02-24Listing removed$1,100
2019-02-13Listed for rent$1,100
2018-10-12Sold$92,000
2018-08-27Listed for sale$99,900
2015-05-12Sold$42,000

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

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