1021 CHELSEA AVE, Memphis, TN 38107 (MLS # 10229135)
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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.
| DAYS ON MARKET | 5 | LAST UPDATED | 8/26/2026 |
|---|---|---|---|
| TRACT | MURPHY-RE BLK 5 | YEAR BUILT | 1900 |
| COMMUNITY | Harbor Town/Downtown | COUNTY | Shelby |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Harbor Town/Downtown |
| HEAT | Central |
| LOT | 8276 sq ft |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Other |
| SUBDIVISION | MURPHY-RE BLK 5 |
| TAXES | 583 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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