For sale

$119,900

1048 W Shankman Cres, Memphis, TN 38108

2beds

1,188sqft

$822/mo

Get pre-qualified

Single Family Residence

Built in 1940

7,405 Square Feet Lot

$-- Zestimate^®

$101/sqft

$-- HOA

What's special

Plenty of parkingTwo car covered garageUpdated kitchenBeautiful hardwood floorsComfortable living spaces

Well maintained and move in ready, this 2 bedroom, 1 bath home offers a great opportunity for both homeowners and investors! The home features beautiful hardwood floors, an updated kitchen, comfortable living spaces, and a two car covered garage providing plenty of parking and additional convenience. Whether you're searching for an affordable home or looking to expand your rental portfolio, this property offers excellent potential. Located directly across the street from 1047 W Shankman Cir, which is also available for sale, the two properties may be purchased together creating a unique opportunity for an investor to acquire multiple rental properties in the same location. With rental rates in the area continuing to rise, this home could make a great addition to a growing portfolio. Call listing agent today for a tour!

42 days
37
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

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

Bedroom 2

Features: Hardwood Floor
Level: First

Dining room

Dimensions: 0 x 0

Kitchen

Features: W/D Connection in Kitchen

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

Included: Cooktop, Range/Oven, Refrigerator

Features

1 or More BR Down, All Bedrooms Down, Full Bath Down, Primary Down, 1 Bath, 2nd Bedroom, Kitchen, Living Room, Primary Bedroom, Square Feet Source: Appraisal
Flooring: Hardwood
Has fireplace: No

Interior area

Total interior livable area: 1,188 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Garage Faces Front
Has garage: Yes
Covered spaces: 2
Has uncovered spaces: Yes

Features

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

Lot

Size: 7,405 Square Feet
Dimensions: 77 x 100
Features: Landscaped

Details

Parcel number: 042040 00009

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1940

Community & HOA

Community

Subdivision: Joe Shankmans Palmer Hills 2nd Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $93,400
Annual tax amount: $1,231
Price range: $119.9K - $119.9K
Date on market: 10/3/2026
Cumulative days on market: 43 days

Estimated market value

Not available

Estimated sales range

Not available

$986/mo

Price history

Date	Event	Price
10/3/2026	Listed for sale	$119,900+73.8%$101/sqft
Source: MAAR #10231709 Report a problem
12/7/2019	Listing removed	$69,000$58/sqft
Source: Harris Realty Service #10065314 Report a problem
11/4/2019	Listed for sale	$69,000$58/sqft
Source: Harris Realty Service #10065314 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,231 +16.6%	$23,350 +45.7%
2024	$1,055 +8.1%	$16,025
2023	$976	$16,025
2022	--	$16,025
2021	--	$16,025 +43.1%
2020	$358	$11,200
2019	$358 -21.1%	$11,200
2018	$454 -45.1%	$11,200
2017	$827 +122.1%	$11,200 +2.3%
2016	$372 -16.3%	$10,950
2014	$445	$10,950
2013	--	$10,950 -21.5%
2012	--	$13,950
2011	--	$13,950
2010	--	$13,950
2009	--	$13,950 -12.3%
2008	--	$15,900
2007	--	$15,900
2006	--	$15,900
2005	--	$15,900 +36.8%
2004	--	$11,625
2003	--	$11,625
2002	--	$11,625
2001	--	$11,625 +18.3%
2000	--	$9,825