See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

693 Bonwood Ave, Memphis, TN, 38109

4beds
1baths
1,495sqft
$105,000
$70price/sqft
$996/moest. monthly cost
$39,840/yrincome needed

About This Home

INVESTORS ONLY! Tenant occupied 4 bed 1 bath home. Currently rented at $975/mo. This could be a great addition to your rental portfolio. Seller also selling 396 W. Holmes, 356 Delta, 3461 Dagget, 693 Bonwood, and 4897 Southaven (Can buy in bulk or individually). No sign in the yard. Please do not disturb or approach the tenant. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

Getting Around

42
WalkingCar-Dependent
27
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

4/10
Levi Elementary SchoolGrades PK-51.4 mi
4/10
3/10

Construction

Condition

  • Year built: 1963

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: 1
  • Full bathrooms: 1

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: 1,495 sqft

Kitchen

  • Features: Pantry

Property

Details

  • Parcel number: 075159 00001

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio
  • Fencing: Wood Fence,Chain Fence

Lot

  • Lot size: 10,454 sqft
  • Features: Some Trees
  • Lot size dimensions: 99 x 109

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
  • 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 $530$6,360
Home Insurance $207$2,484
Property Taxes $84$1,008
Electricity $175$2,103
Total$996$11,952

Income You'd Need if You Spent...

35% on housing$34,148/yr
40% on housing$29,880/yr
45% on housing$26,560/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

$70This listing

vs Other Active Listings

Avg $/sqft

ZIP 38109$44
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38109$80
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
2026-04-28Price change$105,000
2026-01-15Listed for sale$110,000
2025-12-18Listing removed$115,000
2025-10-13Listing removed$1,025
2025-10-13Price change$115,000
2025-10-11Listed for rent$1,025
2025-10-11Listing removed$1,025
2025-09-19Listed for rent$1,025
2025-09-15Listed for sale$125,000
2024-08-06Listing removed--
2024-07-30Price change$995
2024-07-25Price change$1,025
2024-07-24Listed for rent$995
2023-11-17Listing removed--
2023-11-02Listed for rent$975
2020-07-06Sold$55,000
2018-02-09Sold$44,500
2017-08-05Listed for sale$46,900
2015-09-04Listing removed$750
2015-09-02Listed for rent$750
2009-01-15Listing removed$76,000
2008-08-15Listed for sale$76,000
2006-10-26Sold$76,000
2006-03-24Sold$61,800
2005-11-16Sold$61,800
2005-03-17Sold$75,000
2005-02-02Sold$40,000

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

Similar Homes