See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2188 Shannon Ave, Memphis, TN, 38108

3beds
1baths
1,008sqft
$65,000
$64price/sqft
$702/moest. monthly cost
$28,080/yrincome needed

About This Home

Nice 3 bedroom 1 bathroom brick home on corner lot that is priced to sell. Home has central heat and air and a nice floor plan. Utilities are on. Could be a great primary residence or buy and hold rental. Home needs minor cosmetic repairs but could be worth a lot of money once rehabbed. Large backyard that is fenced. ONLINE VIDEO AVAILABLE UPON REQUEST. Utilities are on. Seller is also selling 2170 Hillside, 2188 Shannon, 529 E Shelby, 747 N Holmes (can be bought individually or in bulk).

Getting Around

30
WalkingCar-Dependent
29
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
2/10
Douglass High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1947

Materials

  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

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

Interior

Bedroom2

  • Area: 110

Bedroom3

  • Area: 110

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Den

  • Area: 100

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,008 sqft

Kitchen

  • Features: Pantry
  • Area: 132

Living Room

  • Area: 165

Master Bedroom

  • Area: 121

Property

Details

  • Parcel number: 041058 00018

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Patio

Lot

  • Lot size: 4,791 sqft
  • Features: Some Trees
  • Lot size dimensions: 40 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
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Inland Flooding
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 $328$3,936
Home Insurance $147$1,764
Property Taxes $52$624
Electricity $175$2,103
Total$702$8,424

Income You'd Need if You Spent...

35% on housing$24,068/yr
40% on housing$21,060/yr
45% on housing$18,720/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

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 38108$51
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38108$65
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)

Price History

DateEventPrice
2026-06-23Listed for sale$65,000
2025-01-31Listing removed$895
2025-01-26Listed for rent$895
2024-11-23Listing removed$895
2024-10-08Price change$995
2024-09-20Listed for rent$1,100
2023-06-09Listing removed--
2023-05-09Price change$850
2023-04-19Price change$900
2023-03-08Price change$950
2023-03-03Listed for rent$695
2017-12-08Sold$21,500
2017-10-31Listed for sale$23,900
2016-07-18Sold$18,500
2016-07-07Price change$19,500
2016-04-21Listed for sale$23,900
2012-12-18Listing removed$19,900
2012-09-13Listed for sale$19,900
2010-12-31Listing removed$31,000
2010-07-29Listed for sale$31,000
2009-12-03Listing removed$37,000
2009-10-09Listed for sale$37,000
2006-04-26Sold$26,000
2006-01-30Sold$20,000

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

Similar Homes