Briscoe Ellett III

223 Charter Ave

Memphis, TN
$ 116,900 Beds 3 Baths 1 Sq 1,147
Monthly Estimate* How much can I afford?

Don’t miss this newly renovated (2023), income-producing property featuring 3 bedrooms and 1 bathroom. Currently tenant-occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. But this property isn’t just for investors! It could also be a great opportunity for a first-time homebuyer looking for an affordable home with the potential to build equity and create long-term wealth. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School and Fairley High School. Whether you’re looking to add to your investment portfolio or purchase your first home, this property is worth a closer look! ?? Please do not disturb the tenants. No showings will be permitted until an acceptable offer has been received and accepted by the seller.

Single Family

  • Price
  • $ 116,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Whitehaven-Geeter Park
  • Lot Size
  • 0.19 Acres
  • Zip
  • 38109
  • Sqr Footage
  • 1,147
  • Year Built
  • 1960
  • Taxes
  • $ 821
  • Style
  • Traditional
  • MLS#
  • 10225371
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Ceiling Fan(s),Central
Roof Other (See REMARKS)
Status Active
Full Baths 1
Other Rooms Other (See Remarks)
Legal Subdivision Name ACKLENA LAND COMPANY
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 766A
Parcel Number 075209 00003
Status Active
Annual City Tax 402
Annual County Tax 419
Sale/Rent For Sale
Area Whitehaven/Geeter Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1960
Directions Take exit 25A toward Jackson Miss onto I-55 S/I-240 S. Continue on I-55 S. Take exit 2B toward Shelby Dr/Whitehaven onto TN-175 W (E Shelby Dr). Turn left onto Horn Lake Road. Turn right onto Charter
City Memphis
DOM 84

Interior Features

Living Room Great Room,Updated/Renovated Kitchen,Eat-In Kitchen,Washer/Dryer Connections,W/D Connection in Kitchen,Other (See Remarks)
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
MISC. INTERIOR All Window Treatments
FLOORS/CEILINGS Tile,Vinyl/Luxury Vinyl Floor
INTERIOR EQUIPMENT Cable Available,Other (See REMARKS)
BEDROOM 3 DESCRIPTION Level 1,Vinyl/Luxury Vinyl Floor
BEDROOM 2 DESCRIPTION Level 1,Vinyl/Luxury Vinyl Floor

Exterior Features

Foundation Other (See Remarks)
Pool None
Lot 12
Lot Size Area 0.19
Water & Sewer Public Sewer,Public Water
Lot Size 50X170
Parking Display N0
Lot Description Some Trees,Chain Fenced
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs,Porch,Chain Fence,Storage,Sidewalks

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/3/2026 Listed $119,000
7/20/2026 1% - $118,500
8/18/2026 1% - $117,900
9/15/2026 1% - $116,900

Property vs Zip Code Average in 38109

Price
AVG $110K
$120K
Taxes
AVG $1,255
$821
Year Built
AVG 1963
1960
Visits
AVG 75
60
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

223 Charter Ave Memphis, TN is a Single Family Home for sale at $116900 with 1147 sqft and a lot size of 0.19 Acres Acre(s). 223 Charter Ave Memphis has 3 bedrooms, 1 baths and was built in 1960. The property's zip code is 38109 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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