1540 Duke St, Memphis, TN, 38108
About This Home
Whether you're searching for a new home or an investment property, this fully renovated 3-bedroom home offers outstanding value. Recent updates provide modern finishes and peace of mind, while the efficient floor plan maximizes every square foot. For owner-occupants, this move-in ready home offers affordable living in the Berclair area, featuring updated interiors, durable brick construction, and a spacious lot with room to relax, entertain, or customize. For investors, the property presents strong rental potential in a market with steady demand for affordable housing. With renovations already completed, you can focus on generating income rather than managing repairs. Conveniently located near schools, parks, shopping, and major commuter routes, 1540 Duke Street combines affordability, functionality, and investment potential. Don't miss the opportunity to make this property yours.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1961
Type & Style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other (See Remarks),Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Heating & Cooling
- Heating features: Other (See REMARKS)
- Cooling features: Other (See REMARKS)
Interior Area
- Total interior livable area: 1,031 sqft
Property
Details
- Parcel number: 053029 00024
Features
- Stories: 1
- Pool features: None
- Exterior features: Other (See REMARKS)
Lot
- Lot size: 7,840 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 78 x 167
Parking
- Parking features: Other (See REMARKS)
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
- Inland Flooding
- Lightning
- Winter Weather
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 | $551 | $6,612 |
| Home Insurance | $247 | $2,964 |
| Property Taxes | $88 | $1,056 |
| Electricity | $175 | $2,103 |
| Total | $1,061 | $12,732 |
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 |
|---|---|---|
| 2026-07-07 | Price change | $109,000 |
| 2026-06-18 | Price change | $114,000 |
| 2026-06-05 | Listed for sale | $119,000 |
| 2013-04-08 | Sold | $30,000 |
View on Zillow