See all 14 photos
$35,000
Est. payment /mo
3 Beds
1 Bath
5,662 Sqft Lot
Price Dropped by $4K
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
Solid brick home now offered at an improved price under $40k. This value-add opportunity offers strong upside for an investor looking to renovate and reposition for rental income or resale. The property features ample space, a functional layout, and solid rental potential after updates. Significant cosmetic and/or mechanical improvements may be needed, making this a good candidate for a rehab-to-rent or BRRRR strategy. Conveniently located near major corridors and employment centers, supporting steady rental demand. Seller is open to serious offers. Property sold as-is. No wholesalers.
Location
State TN
County Shelby
Area Harbor Town/Downtown
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Living Room, Separate Dining 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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