901 Chesterton Dr, Memphis, TN, 38127
About This Home
ATTENTION INVESTORS!! Turnkey, income-producing rental with tenant in place. Leased at $975/month through 2/5/2027, delivering $975/month in cash flow and a 6.22% cash-on-cash return. Major improvements include a newer 30-year architectural roof (2020), new HVAC condenser, fully renovated kitchen with new cabinets and fixtures, and extensive interior/exterior updates with fresh paint and repairs. Additional upgrades include updated lighting, bathroom improvements with new toilet and exhaust fan, and completed electrical and plumbing repairs. Professionally renovated and maintained, this low-maintenance asset is positioned for stable returns and long-term portfolio growth. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1974
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- All Bedrooms Down,Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,030 sqft
Property
Details
- Parcel number: D0134 Q00011
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
- Exterior features: Other (See REMARKS)
Lot
- Lot size: 8,712 sqft
- Features: Level
- Lot size dimensions: 60 x 146
Parking
- Total spaces: 1
- Parking features: Driveway/Pad,Other (See REMARKS)
- 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
- Heat Wave
- Tornado
- Earthquake
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $637 | $7,644 |
| Home Insurance | $265 | $3,180 |
| Property Taxes | $101 | $1,212 |
| Electricity | $175 | $2,103 |
| Total | $1,178 | $14,136 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-10 | Listed for sale | $126,000 |
| 2025-10-23 | Listed for rent | $1,095 |
| 2025-10-22 | Listing removed | $1,075 |
| 2025-10-01 | Price change | $1,075 |
| 2025-08-13 | Listed for rent | $1,095 |
| 2025-08-13 | Listing removed | $1,095 |
| 2025-07-16 | Sold | $75,000 |
| 2025-07-15 | Price change | $1,095 |
| 2025-07-15 | Pending sale | $85,000 |
| 2025-07-04 | Listed for sale | $85,000 |
| 2025-05-29 | Price change | $900 |
| 2025-04-22 | Price change | $995 |
| 2025-04-17 | Listed for rent | $950 |
| 2024-11-18 | Listing removed | $90,000 |
| 2024-11-15 | Listed for sale | $90,000 |
| 2024-07-03 | Listing removed | -- |
| 2024-05-08 | Price change | $900 |
| 2024-02-10 | Listed for rent | $925 |
| 2021-12-15 | Listing removed | -- |
| 2021-11-30 | Price change | $875 |
| 2021-10-28 | Listed for rent | $900 |
| 2020-10-26 | Sold | $72,000 |
| 2020-10-14 | Listing removed | $775 |
| 2020-09-03 | Listed for rent | $775 |
| 2020-08-31 | Sold | $19,000 |
| 1995-10-25 | Sold | $40,000 |
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