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$145,000

2982 Shannon Ave Memphis, TN 38108

Multi-Family

Property details

About 2982 Shannon Ave

Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex is in the 38108 area. Unit 2982 occupied with rental amount of $595/month. Unit 2984 is vacant. The lease ends on 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Highlights

Home typeDuplex
HeatingOther
StatusActive
CoolingOther
Year built1958
ParkingOther (See REMARKS)
MLS #10202299
WaterfrontOther

Summary

  • Flooring Type: Other (See REMARKS)
  • Parking: Other (See REMARKS)
  • Waterfront: Other
  • Exterior: Other (See Remarks)
  • Architectural Style: Other (See REMARKS)
  • Heating: Other
  • Cooling: Other
  • List Price: $145,000
  • Annual Tax Amount: $377
  • Tax Year: 2024
  • Lot: Other
  • Directions: From N.Third St in Downtown. Merge onto I-40 and keep left at the fork. Take exit 6 for Warford St. Keep right on Warford St. Turn left onto Shannon Ave.Duplex is on the left.
  • Year Built: 1958
  • Stories: 1
  • MLS Number: 10202299
  • Office Name: CrestCore Realty MphsBrokerage

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 4:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 12, 2024
Home Sold
$143,000
Dec 06, 2021
Home Sold
$60,000
Jul 15, 2009
Home Sold
$65,152
Apr 30, 1998
Home Sold
$25,000

Tax history

YearAssessmentProperty Tax
2024$6,200$377
2023$6,200$377
2022$6,200$382
2021$6,200$382
2020$9,640$698
2019$9,640$698
2018$9,640$396
2017$9,640$400

History based on county public records data.

Nearby schools

4

Promise Academy

Public Charter KG-5

0.9 mi

1346 Bryan St

4

Kipp Memphis Academy Elementary School

Public Charter PK-4

1.2 mi

2248 Shannon Ave

3

Star Academy

Public Charter KG-6

1.4 mi

3260 James Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,426. The most common annual income of people living in Memphis, TN is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

72%
<35k
21%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Big LotsBig Lots
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • PopeyesPopeyes
  • Burger KingBurger King

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 2982 Shannon Ave

The listing price of 2982 Shannon Ave property is $145,000.

The property 2982 Shannon Ave is a multi located in Memphis, Tennessee, 38108.

Active Listing: 2982 Shannon Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2982 Shannon Ave are: Promise Academy (GreatSchools Rating 4/10), Kipp Memphis Academy Elementary School (GreatSchools Rating 4/10), Star Academy (GreatSchools Rating 3/10), Douglass School (GreatSchools Rating 3/10), Kipp Memphis Middle Academy (GreatSchools Rating 3/10), Treadwell Middle School (GreatSchools Rating 4/10), Douglass High School (GreatSchools Rating 2/10), Memphis Academy of Health Sciences High School (GreatSchools Rating 2/10), Kipp Memphis Collegiate High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $377 (source: MLS/based on county public records data).

The last sale was on January 12, 2024 for $143,000 (source: MLS/tax record).

The year of construction for 2982 Shannon Ave is 1958.

This home is located at 2982 Shannon Ave in Memphis, TN and zip code 38108 in the Douglas / Bungalow / Crump neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $145,000.

In June 2025, from all listings sold in Memphis, TN there were more than 73 sold above asking price, over 219 sold below and more than 107 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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