1063 Sandra Rd, Memphis, TN, 38122
About This Home
INVESTOR OPPORTUNITY. Instant cash-flowing property. Tenant-Occupied. Please do not approach or disturb tenants. Recently renovated in Berclair perfect for an investor's portfolio. Seller completed a full renovation in 2023 to include a new roof, exterior paint, new HVAC system, granite countertops, new kitchen cabinets and flooring, and fresh paint throughout. The tenant's lease just ended, and they are now month-to-month giving the new owner options. Currently rented at $1,400 per/mo. They are long-term tenants and would like to stay. No showings until offer has been accepted. No wholesale or assignment offers please.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Other (See Remarks)
- Roof: Composition Shingles
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate Dining Room
Features
- All Bedrooms Down,Primary Down,1 Bath,2nd Bedroom,3rd Bedroom,Dining Room,Kitchen,Living Room,Primary Bedroom,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Hardwood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,186 sqft
Kitchen
- Features: Eat-in Kitchen,Washer/Dryer Connections
Living Room
- Features: Separate Living Room
Master Bedroom
- Level: First
- Area: 121
Property
Details
- Parcel number: 054001 00005
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 0.29 Acres
- Features: Level
- Lot size dimensions: 70 x 186
Parking
- Total spaces: 1
- Parking features: Garage Faces Front
- Has garage: Yes
- Covered spaces: 1
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
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
- Lightning
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 | $859 | $10,308 |
| Home Insurance | $183 | $2,196 |
| Property Taxes | $137 | $1,644 |
| Electricity | $175 | $2,103 |
| Total | $1,354 | $16,248 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-06 | Price change | $169,900 |
| 2026-06-01 | Listed for sale | $175,000 |
| 2023-08-30 | Sold | $115,000 |
| 2023-08-23 | Contingent | $125,000 |
| 2023-08-21 | Listed for sale | $125,000 |
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