Address
1021 Chelsea Ave, Memphis, TN
Price
$ 37,500
Property Attributes
- MLS#10229135
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaHarbor Town-Downtown
- NeighborhoodMURPHY BLK 5
- Zip38107
- Style
- Year Built1900
- Taxes$ 583
- Price$ 37,500
- Bedrooms4
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage2304
- Lot Size0.19 Acres
Data Source:
Memphis MLS (MAAR)
Property 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.
| Price History | |
|---|---|
| 8/26/2026 | Listed $37,500 |
General Features
| Heating | Central |
|---|---|
| Cooling | Window Unit(s) |
| Status | Active |
| Full Baths | 1 |
| Half Baths | 1 |
| Legal Subdivision Name | MURPHY-RE BLK 5 |
| Style | Other (See Remarks) |
| Stories Count | 2 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 741D |
| Parcel Number | 021046 00002 |
| Status | Active |
| Annual City Tax | 257 |
| Annual County Tax | 326 |
| Sale/Rent | For Sale |
| Area | Harbor Town/Downtown |
| Service Type | Entry Only Listing |
| Neighborhood Association | None |
| Year Built | 1900 |
| Directions | From Thomas St turn right to Chelsea Ave |
| City | Memphis |
| DOM | 22 |
Interior Features
| Dining Room | 10x10 |
|---|---|
| Living Room | Other (See Remarks) |
| Living Room Dimensions | 10x10 |
| Beds | 4 |
| Total Baths | 1.1 |
| Number of Rooms | 8 |
| FLOORS/CEILINGS | Other (See REMARKS) |
Exterior Features
| Pool | None |
|---|---|
| Lot | PT 3 |
| Lot Size Area | 0.19 |
| Lot Size | 8694 |
| Parking Display | N0 |
| Lot Description | Other (See Remarks) |
| PARKING/STORAGE | Other (See REMARKS) |
| EXTERIOR/WINDOWS | Other (See Remarks) |
| Misc. Exterior | Other (See REMARKS) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38107
Price
Taxes
Year Built
Visits
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