Briscoe Ellett III

1021 Chelsea Ave

Memphis, TN
$ 37,500 Beds 4 Baths 1.5 Sq 2,304
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 37,500
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Harbor Town-Downtown
  • Lot Size
  • 0.19 Acres
  • Zip
  • 38107
  • Sqr Footage
  • 2,304
  • Year Built
  • 1900
  • Taxes
  • $ 583
  • Style
  • MLS#
  • 10229135
Listed By: homecoin.com
Data Source: Memphis MLS (MAAR)

Features

General

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 29

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

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
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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

8/26/2026 Listed $37,500

Property vs Zip Code Average in 38107

Price
AVG $170K
$40K
Taxes
AVG $7,111
$583
Year Built
AVG 1937
1900
Visits
AVG 97
16
Data Provided by Inside Real Estate®

Areas That We Cover

1021 Chelsea Ave Memphis, TN is a Single Family Home for sale at $37500 with 2304 sqft and a lot size of 0.19 Acres Acre(s). 1021 Chelsea Ave Memphis has 4 bedrooms, 1 baths and was built in 1900. The property's zip code is 38107 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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