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Douglass Multifamily Home for Sale

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    $145,000

    • 1 Bed
    • 1 Bath
    • 1,050 Sq Ft

    2982 Shannon Ave, Memphis, TN 38108

    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.

    Dean Harris CrestCore Realty MphsBrokerage

    2982 Shannon Ave, Memphis, TN 38108

Why Live in Douglass

Douglass, a northern suburb of Memphis, is a small neighborhood known for its abundant park space and active community life. Established in the early 20th century, it features a mix of older bungalows, ranch-style, and mid-century homes, with some new construction developments. The neighborhood is served by the Shelby County School District, with schools generally receiving average ratings. Douglass Park, spanning over 40 acres, is a central hub with an outdoor pool, basketball courts, a walking trail, and a playground. Jackson Park offers additional green space and a multi-purpose ball field. The Wolf River Greenway provides extensive trails for pedestrians and cyclists. Local dining options include Edna’s Diner for Southern comfort food, JJ’s Soul Food & Grill, and El 7 Mares Bar & Grill for Mexican cuisine. Convenience stores like Louie and Sue Supermarket and Sally’s Grocery cater to daily needs, while the Memphis International Flea Market offers a variety of small businesses. Public transit is accessible via the Memphis Area Transit Authority, with routes connecting to Downtown Memphis. Major highways like I-40 and I-69 facilitate easy commutes, and Memphis International Airport is about 10 miles away. The Douglass Community Center is a focal point for events and activities, offering fitness classes, cultural programs, and more. The neighborhood also hosts various events through its numerous churches, fostering a strong sense of community.

Home Trends in Douglass, TN

Housing Trends

Median Sale Price
$95,500
Median Single Family Sale Price
$110,000
Average Price Per Sq Ft
$99
Number of Homes for Sale
22
Last 12 months Home Sales
64
Months of Supply
4.10
Median List Price
$119,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-5%
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