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4481-4483 Sumners Wells Rd, Memphis, TN, 38118

4beds
2baths
1,621sqft
$130,000
$80price/sqft
$1,132/moest. monthly cost
$45,280/yrincome needed

About This Home

Duplex with immediate, in-place income — both 2 bed / 1 bath units are currently leased, one at $800/month through 02/02/2027 and the other at $700/month through 02/10/2028, for $1,500 in combined monthly rent from day one. Totaling 4 bedrooms, 2 bathrooms, and approximately 1,634 square feet, each side offers a kitchen with shaker cabinetry and tile backsplash, separate living and dining rooms, and LVP flooring. Located in Southeast Memphis near major distribution employers including an Amazon fulfillment center and Nike, and minutes from Memphis International Airport, the area sees steady rental demand. A solid addition for an investor seeking a multi-unit property with current income and long-term portfolio value. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Getting Around

13
WalkingCar-Dependent
25
TransitSome Transit
26
BikeSomewhat Bikeable

Schools

6/10
4/10
Oakhaven Middle SchoolGrades 6-81.5 mi
5/10
Oakhaven High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1974

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Separate Dining Room,Separate Living Room,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: 1,621 sqft

Property

Details

  • Parcel number: 073110 00013

Features

  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 5,782 sqft
  • Features: Level
  • Lot size dimensions: 49 x 118

Parking

  • Parking features: Driveway/Pad
  • 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

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado

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 $657$7,884
Home Insurance $195$2,340
Property Taxes $105$1,260
Electricity $175$2,103
Total$1,132$13,584

Income You'd Need if You Spent...

35% on housing$38,811/yr
40% on housing$33,960/yr
45% on housing$30,186/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

$80This listing

vs Other Active Listings

Avg $/sqft

ZIP 38118$69
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38118$96
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)

No zestimate history available

Price History

DateEventPrice
2026-07-06Listed for sale$130,000

For Sale by Agent

AgentJames C Wachob
BrokerageFoundation Property Management

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