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3454 McKenzie St, Memphis, TN, 38118

3beds
2baths
1,533sqft
$149,900
$98price/sqft
$1,278/moest. monthly cost
$51,120/yrincome needed

About This Home

Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is on a month-to-month lease at $969/mo. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being professionally managed by Reed & Associates of TN, LLC. This charming home offers 3-bedrooms, 2-bathrooms, a large den w/FP, separate dining room & eat in Kitchen. Covers patio and tiled & plank vinyl flooring. A large backyard and a single car carport.

Getting Around

35
WalkingCar-Dependent
28
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

3/10
6/10
2/10
Wooddale High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1970

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • 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)
  • Window features: Aluminum Frames
  • Flooring: Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,533 sqft

Living Room

  • Features: Separate Den

Property

Details

  • Parcel number: 074037 B00158

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered Patio

Lot

  • Lot size: 9,147 sqft
  • Features: Level
  • Lot size dimensions: 70 x 130

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
  • 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 $757$9,084
Home Insurance $225$2,700
Property Taxes $121$1,452
Electricity $175$2,103
Total$1,278$15,336

Income You'd Need if You Spent...

35% on housing$43,817/yr
40% on housing$38,340/yr
45% on housing$34,080/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

$98This 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
2026-06-09Listed for sale$149,900
2020-06-25Listing removed$950
2020-06-15Listed for rent$950
2017-02-13Sold$89,750
2016-12-27Sold$52,000
2016-01-22Listing removed$850
2015-12-29Listed for rent$850
2015-01-22Listing removed$850
2014-10-02Listed for rent$850
2013-11-12Sold$78,900
2013-10-03Listing removed$850
2013-09-23Price change$850
2013-09-10Listed for sale$68,900
2013-08-05Listed for rent$895
2013-06-20Sold$40,001
2013-06-08Listed for sale$39,900

For Sale by Agent

AgentBenjamin M Reed
BrokerageReed & Associates of Tenn, LLC

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