For sale

$169,900

1047 W Shankman Cres, Memphis, TN 38108

3beds

1,550sqft

$1,254/mo

Get pre-qualified

Single Family Residence

Built in 1947

6,969 Square Feet Lot

$163,000 Zestimate^®

$110/sqft

$-- HOA

What's special

Updated bathroomsExceptionally spacious bedroom additionFull laundry roomUpdated kitchenBeautiful hardwood floors

Move-in ready and well maintained, this 3-bedroom, 2-bath home offers a great opportunity for both homeowners and investors! Inside, you'll find beautiful hardwood floors, an updated kitchen, updated bathrooms, a full laundry room, and an exceptionally spacious bedroom addition that provides plenty of extra living space. The home has been well cared for and is ready for its next owner with no major renovations needed. Whether you're looking for a comfortable family home or a strong addition to a rental portfolio, this property offers plenty of potential. Located directly across the street from 1048 Shankman Cir, which is also available for sale, the two properties may be purchased together and would be an excellent opportunity for an investor looking to acquire multiple rental properties in the same location. With rental rates in the area continuing to rise, this home is worth adding to your list. Call listing agent today for a tour!

21 days
127
6

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Hardwood Floor
Level: First
Dimensions: 0 x 0

Bedroom 2

Features: Hardwood Floor
Level: First

Bedroom 3

Features: Hardwood Floor
Level: First

Primary bathroom

Features: Tile Floor, Full Bath

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

Included: Cooktop, Gas Cooktop, Other (See REMARKS), Range/Oven
Laundry: Laundry Room

Features

1 or More BR Down, All Bedrooms Down, Full Bath Down, Primary Down, Renovated Bathroom, Split Bedroom Plan, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Kitchen, Laundry Room, Living Room, Primary Bedroom, Square Feet Source: Appraisal
Flooring: Part Hardwood, Tile, Wood Laminate Floors
Has fireplace: No

Interior area

Total interior livable area: 1,550 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 6,969 Square Feet
Dimensions: 72 x 100
Features: Landscaped

Details

Parcel number: 042041 00005

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1947

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Joe Shankmans Palmer Hills 2nd Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $117,000
Annual tax amount: $1,542
Price range: $169.9K - $169.9K
Date on market: 10/3/2026
Cumulative days on market: 22 days

Estimated market value

$163,000

$155,000 - $171,000

$1,431/mo

Price history

Date	Event	Price
10/3/2026	Listed for sale	$169,900$110/sqft
Source: MAAR #10231707 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,542 +13.9%	$29,250 +42.3%
2024	$1,353 +8.1%	$20,550
2023	$1,252	$20,550
2022	--	$20,550
2021	--	$20,550 +46%
2020	$450	$14,075
2019	$450 -21.1%	$14,075
2018	$570 -45.1%	$14,075
2017	$1,039 +119.8%	$14,075 +1.3%
2016	$473 -17.3%	$13,900
2014	$572	$13,900
2013	--	$13,900 -22.5%
2012	--	$17,925
2011	--	$17,925
2010	--	$17,925
2009	--	$17,925 -19.8%
2008	--	$22,350
2007	--	$22,350
2006	--	$22,350
2005	--	$22,350 +42.1%
2004	--	$15,725
2003	--	$15,725
2002	--	$15,725
2001	--	$15,725 +20.7%
2000	--	$13,025