Closed

$32,501

2295 Shasta Ave, Memphis, TN 38108

4beds

1,150sqft

Single Family Residence, Residential

Built in 1929

3,920 Square Feet Lot

$56,200 Zestimate^®

$28/sqft

$1,323 Estimated rent

Home value

$56,200

$39,000 - $78,000

$1,323/mo

Zestimate^® history

Owner options

List your home for rent

$1,323/mo

Rent Zestimate^®

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$1,323/mo

Rent Zestimate^®

Refinance and save

$163/mo

Est. payment

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$163/mo

Est. payment

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What's special

This 4-bedroom, 1-bath brick home is a solid investment opportunity with strong bones and classic curb appeal. The durable brick exterior adds long-term value, while the interior offers a solid slate. Whether you're planning a flip, long-term hold, or short-term rental, this property is ready for transformation. Its lay out and location also make it a great candidate for Section 8 housing, offering stable cash flow potential. With demand high for affordable rentals, this home is perfect for investors looking to create value and generate steady income across a variety of strategies. Don’t miss your chance to capitalize on this flexible, high-potential asset!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Features

Flooring: Wood, Tile

Interior area

Total structure area: 1,150
Total interior livable area: 1,150 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Porch

Lot

Size: 3,920 Square Feet
Dimensions: 38 x 108

Details

Parcel number: 042036 00002

Construction

Type & style

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

Condition

New construction: No
Year built: 1929

Community & HOA

Community

Subdivision: Monarch Home

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $28/sqft
Tax assessed value: $42,400
Annual tax amount: $408
Date on market: 10/13/2025

Price history

Date	Event	Price
3/1/2026	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
1/6/2026	Listed for rent	$1,350$1/sqft
Source: Zillow Rentals Report a problem
12/15/2025	Sold	$32,501-6.9%$28/sqft
Source: RealTracs MLS as distributed by MLS GRID #3129758 Report a problem
11/19/2025	Pending sale	$34,900$30/sqft
Source: MAAR #10207692 Report a problem
10/14/2025	Listed for sale	$34,900-8.8%$30/sqft
Source: MAAR #10207692 Report a problem
8/19/2025	Sold	$38,250$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$559 +36.8%	$10,600 +71%
2024	$408 +8.1%	$6,200
2023	$378	$6,200
2022	--	$6,200
2021	--	$6,200 +6%
2020	$187	$5,850
2019	$187 -21.1%	$5,850
2018	$237 -45.1%	$5,850
2017	$432 +114.3%	$5,850 -1.3%
2016	$201 -13.5%	$5,925
2014	$233	$5,925
2013	--	$5,925 -18.8%
2012	--	$7,300
2011	--	$7,300
2010	--	$7,300
2009	--	$7,300 -8.2%
2008	--	$7,950
2007	--	$7,950
2006	--	$7,950
2005	--	$7,950 +0.3%
2004	--	$7,925
2003	--	$7,925
2002	--	$7,925
2001	--	$7,925 +4.6%
2000	--	$7,575