$37,500
 $201 est/mo Sourced by Back At You

1021 Chelsea Ave,Memphis, TN 38107

Memphis, TN 38107

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Description

Huge price drop! Time to let her go! 8 Bedroom Rooming house + extra attic area. Was 4br per listing, but now 8 br. Typical $500/mo per room = $52,000 per year max potential. Running for several years, but needs an overall refresh and TLC from a motivated owner! Ideal for investor seeking higher than normal returns. As a flip and resell, would need much work inside and out.

Details

MLS #10229135
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site8
Listing Provided Byhomecoin.com | Jonathan Minerick

Features

Bed(s)4
Bath(s) 1 Total
Story(s)2
Acreage0.19
Property ViewOther (See Remarks)

Interior

Number Of Rooms8
CoolingWindow Unit(s)
HeatingCentral

Exterior

Lot DescriptionOther (See Remarks)

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38107
AreaHarbor Town | Downtown
Subarea741D
Community NameMURPHY BLK 5
Listing VS Median (in MURPHY BLK 5)
Price:
$37,500
low | high
Med:
$0
On site:
8
low | high
Med:
Sourced by Back At You

Market Activity 38107

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38107
AreaHarbor Town | Downtown
Subarea741D
Community NameMURPHY BLK 5
Listing VS Median (in MURPHY BLK 5)
Price:
$37,500
low | high
Med:
$0
On site:
8
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $28K - $46K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1075 KNEY ST Property Photo 1
$97,000
1075 Kney St
Memphis, TN 38107
1075 KNEY ST Property Photo 1
$1,010
1075 Kney St
Memphis, TN 38107
Listing Updated: August 26, 2026 at 11:36:19 AM PDT