14
See all 14 photos
$45,000
Est. payment /mo
3 Beds
1 Bath
5,662 Sqft Lot
Price Dropped by $5K
1025 CHELSEA AVE Memphis, TN 38107
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Murphy-Re Blk 5
MLS Listing ID 10215089
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1925
Annual Tax Amount $614
Lot Size 5,662 Sqft
Property Sub-Type Detached Single Family
Property Description
Value-add opportunity with solid rental upside! This property offers ample space and a flexible layout ideal for investors looking to renovate and maximize returns. Significant cosmetic and/or mechanical updates may be needed, making this a strong candidate for a rehab-to-rent or BRRRR strategy. Located near key employment centers and major corridors, the area supports steady rental demand. After renovation, projected rents support strong cash-flow potential relative to acquisition cost. Property sold as-is. No wholesalers.
Location
State TN
County Shelby
Area Harbor Town/Downtown
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Dining Room, Separate Living Room
Interior
Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Flooring Hardwood Throughout
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Porch,Sidewalks
Listed by Zakiyyah M Langford • MLE Realty, LLC
NEARBY SCHOOL & BUSINESS
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