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
Copyright © 2026 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 not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
