2982 Shannon Ave, Memphis, TN, 38108
About This Home
Come see this awesome duplex ! One side is vacant. One side is tenant occupied at $750 a little below market rent of $800-850 per side. Long term tenant and low maintenance brick exterior ! Total rents should be about $1550-1600 a great ROI after expenses. Ready to rent and vacant side can be shown. No showings on tenant occupied side without contract. Do not Disturb Tenants. No sign in yard.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Den
- Area: 120
Features
- All Bedrooms Down,Primary Down,Sprayed Ceiling,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,050 sqft
Kitchen
- Features: Updated/Renovated Kitchen
- Area: 120
Living Room
- Features: Separate Living Room,LR/DR Combination
- Area: 120
Master Bedroom
- Area: 144
Property
Details
- Parcel number: 043025 00042
- Attached to another structure: Yes
Features
- Stories: 1
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 4,791 sqft
- Features: Level
- Lot size dimensions: 40 x 125
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
- Earthquake
- Cold Wave
- Tornado
- Heat Wave
- Inland Flooding
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 | $682 | $8,184 |
| Home Insurance | $306 | $3,672 |
| Property Taxes | $109 | $1,308 |
| Electricity | $175 | $2,103 |
| Total | $1,272 | $15,264 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Listed for sale | $135,000 |
| 2026-01-17 | Listing removed | $119,900 |
| 2025-11-24 | Price change | $119,900 |
| 2025-10-24 | Price change | $134,900 |
| 2025-07-29 | Listed for sale | $145,000 |
| 2024-11-22 | Listing removed | $595 |
| 2024-11-08 | Listed for rent | $525 |
| 2024-10-01 | Listing removed | $750 |
| 2024-06-27 | Price change | $750 |
| 2024-06-21 | Price change | $795 |
| 2024-06-20 | Listed for rent | $810 |
| 2024-01-08 | Sold | $143,000 |
| 2023-12-06 | Contingent | $149,999 |
| 2023-11-21 | Listed for sale | $149,999 |
| 2023-11-15 | Contingent | $149,999 |
| 2023-10-26 | Listed for sale | $149,999 |
| 2023-09-11 | Contingent | $149,999 |
| 2023-07-22 | Listed for sale | $149,999 |
| 2021-11-22 | Sold | $60,000 |
| 2021-11-09 | Contingent | $65,000 |
| 2021-11-06 | Listed for sale | $65,000 |
| 2011-04-07 | Listing removed | $4,000 |
| 2011-03-16 | Listed for sale | $4,000 |
| 2011-01-31 | Listing removed | $6,500 |
| 2010-12-20 | Price change | $6,500 |
| 2010-11-04 | Price change | $8,000 |
| 2010-10-29 | Listed for sale | $9,900 |
| 2009-07-15 | Sold | $65,152 |
| 1998-04-30 | Sold | $25,000 |
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