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2205 Oldfield Dr, Memphis, TN, 38134

2beds
2baths
1,239sqft
$130,000
$105price/sqft
$1,049/moest. monthly cost
$41,960/yrincome needed

About This Home

Investors only! This property is fully rented, 100% occupied. It is a 2bed 2bath rented at $1075/mo. Do not approach or disturb tenants. No showings without an accepted offer. This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers).

Getting Around

17
WalkingCar-Dependent
18
TransitMinimal Transit
32
BikeSomewhat Bikeable

Schools

4/10
4/10
Kate Bond MiddleGrades 6-83.4 mi
3/10
Kingsbury High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1985

Materials

  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Level: First

Bedrooms & Bathrooms

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

Features

  • All Bedrooms Down,1 or More BR Down,Primary Down,Full Bath Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,239 sqft

Kitchen

  • Features: Pantry

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 088042 00135
  • Attached to another structure: Yes

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio
  • Living area range: 1200-1399

Lot

  • Lot size: 3,920 sqft
  • Features: Some Trees
  • Lot size dimensions: 35 x 120

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 $112$1,344
Property Taxes $105$1,260
Electricity $175$2,103
Total$1,049$12,588

Income You'd Need if You Spent...

35% on housing$35,965/yr
40% on housing$31,470/yr
45% on housing$27,973/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

$105This listing

vs Other Active Listings

Avg $/sqft

ZIP 38134$108
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38134$131
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
2025-08-21Listed for sale$130,000
2018-03-22Listing removed$625
2018-02-27Listed for rent$625
2014-05-06Listing removed$625
2014-04-03Listed for rent$625
2008-10-10Sold$35,000
2008-08-23Listed for sale$35,000

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

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