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5115 Aureen Dr, Memphis, TN, 38109

3beds
2baths
1,078sqft
$159,000
$147price/sqft
$1,419/moest. monthly cost
$56,760/yrincome needed

About This Home

?? Investment Opportunity – 5115 Aureen, Memphis, TN Looking to add a cash-flowing property to your portfolio? This tenant-occupied investment property at 5115 Aureen, Memphis, TN is available for $159,000 and currently rents for $1,350 per month, providing immediate income from day one. ? Current Rent: $1,350/month ? Purchase Price: $159,000 ? Tenant Occupied – Start collecting rent at closing ? Established Rental History ? Great Addition to Any Buy-and-Hold Portfolio ? Located in a Strong Memphis Rental Market Whether you're a seasoned investor or looking to acquire your next income-producing asset, this property offers stable cash flow and long-term appreciation potential in one of Memphis's most active rental corridors. Don't miss this opportunity to secure a performing rental property in Memphis. Contact us today for additional details, lease information, and showing instructions.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

3/10
4/10
3/10

Construction

Condition

  • Year built: 1955

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: 1
  • 1/2 bathrooms: 1

Features

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,078 sqft

Kitchen

  • Features: Updated/Renovated Kitchen

Living Room

  • Features: Separate Living Room

Property

Details

  • Parcel number: 082066 00002

Features

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

Lot

  • Lot size: 8,712 sqft
  • Features: Level
  • Lot size dimensions: 61 x 143

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 $803$9,636
Home Insurance $313$3,756
Property Taxes $128$1,536
Electricity $175$2,103
Total$1,419$17,028

Income You'd Need if You Spent...

35% on housing$48,651/yr
40% on housing$42,570/yr
45% on housing$37,840/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

$147This 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
2026-06-23Listed for sale$159,000
2025-01-28Sold$159,600
2024-12-05Listing removed$1,350
2024-11-21Listed for rent$1,350
2024-09-11Sold$120,000
2024-07-05Price change$139,900
2024-07-02Price change$144,900
2024-06-29Listed for sale$149,900
2017-10-12Sold$79,000
2017-08-07Sold$39,016
2014-01-23Listing removed$56,000
2013-10-30Listed for sale$56,000
2012-06-13Listing removed$65,000
2010-11-19Listed for sale$65,000
2010-10-01Listing removed$65,000
2009-10-13Listed for sale$65,000
2006-11-07Sold$46,900
2006-03-31Sold$54,204
1995-04-28Sold$48,000

For Sale by Agent

AgentAustin Hall
BrokerageEvernest Too, LLC

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