About This Home

This 2-bedroom, 1-bathroom single family at 1048 W SHANKMAN Cir in Memphis, TN is listed for $119,900 ($101 per sqft). Built in 1940, the home offers 1,188 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1940
  • 0.17 acre lot

Property Details

1 story
1 full
2-car garage
1940

Amenities

HardwoodA/C
Listing Description

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!

Monthly Cost Estimate

$641/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

1048 W SHANKMAN Cir

Memphis, TN 38108

JOE SHANKMANS PALMER HILLS 2ND ADDN

Features & Amenities

Exterior Features

Porch

Property Details

Flooring

Hardwood

Outdoor Features

Porch

Parking

GarageDriveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1048 W SHANKMAN Cir is listed at $119,900 ($101/sqft). The estimated monthly payment is $641 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.17 acre lot. Exterior Features: Porch.

This property is listed by Tyler Bowman.

TB

Tyler Bowman

Agent at Weichert Realtors BenchMark

Listed by Weichert Realtors BenchMark · Broker phone: (901) 202-2000 · View on Broker Site · Broker website

MLS# 10231709· Source: Memphis Area Association of Realtors®· 25 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1048 W SHANKMAN Cir, Memphis, TN 38108

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