#10195257, Listing office: Grand Point Realty, LLC
Property details
About 1021 Chelsea Ave
4 Bedroom Rooming house + extra attic area. $125/week per room typical = $52,000 per year maximum potential. Running for several years, presently mostly occupied. Fully furnished and equipped. Ideal for investor seeking higher than normal returns. Add this to your investment portfolio to diversify from the typical rentals!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingWindow Unit(s)
Lot size0.2 Acres
Year built1900
ParkingOther (See REMARKS)
MLS #10198491
WaterfrontOther
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 4
- Parking: Other (See REMARKS)
- Waterfront: Other
- Exterior: Other (See REMARKS)
- Architectural Style: Other (See Remarks)
- Heating: Central
- Cooling: Window Unit(s)
- List Price: $139,900
- Annual Tax Amount: $511
- Tax Year: 2024
- Lot: Other
- Directions: From Thomas St turn right to Chelsea Ave
- Year Built: 1900
- Stories: 2
- Lot Size: 0.2 Acres
- MLS Number: 10198491
- Office Name: homecoin.com
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 23, 2021 | Home Sold | $45,000 |
| Nov 18, 2010 | Home Sold | $39,000 |
| Feb 06, 2007 | Home Sold | $16,900 |
| Mar 24, 2003 | Home Sold | $34,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $8,400 | $511 |
| 2023 | $8,400 | $511 |
| 2022 | $8,400 | $517 |
| 2021 | $8,400 | $517 |
| 2020 | $8,050 | $583 |
| 2019 | $8,050 | $583 |
| 2018 | $8,050 | $330 |
| 2017 | $8,050 | $378 |
History based on county public records data.
Nearby schools
3
Memphis Scholars Caldwell-Guthrie (ASD)
Public Charter PK-5
0.2 mi
•951 Chelsea Ave
3
Kipp Memphis Collegiate Elementary School
Public Charter KG-4
1.0 mi
•230 Henry Ave
2
Vollentine Elementary School
Public Magnet PK-5
1.2 mi
•1682 Vollintine Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,835. The majority of Memphis, TN residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
82%
<35k
15%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
55%
Single, No Kids
27%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1021 Chelsea Ave
The listing price of 1021 Chelsea Ave property is $139,900.
The property 1021 Chelsea Ave is a house located in Memphis, Tennessee, 38107.
Active Listing: 1021 Chelsea Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1021 Chelsea Ave are: Memphis Scholars Caldwell-Guthrie (ASD) (GreatSchools Rating 3/10), Kipp Memphis Collegiate Elementary School (GreatSchools Rating 3/10), Vollentine Elementary School (GreatSchools Rating 2/10), Believe Memphis Academy Charter School (GreatSchools Rating 3/10), Humes Preparatory Academy (ASD) (GreatSchools Rating 4/10), Kipp Memphis Collegiate Middle School (GreatSchools Rating 5/10), Manassas High School (GreatSchools Rating 2/10), Crosstown High School (GreatSchools Rating 5/10), Northwest Preparatory Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $511 (source: MLS/based on county public records data).
The last sale was on November 23, 2021 for $45,000 (source: MLS/tax record).
The property at 1021 Chelsea Ave has 4 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 1021 Chelsea Ave is 1900.
This home is located at 1021 Chelsea Ave in Memphis, TN and zip code 38107 in the Klondyke neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $139,900.
In June 2025 more than 73 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 219 were sold below. Between May and June 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.9%. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $224,900.
From Rocket Homes Real Estate and based on county public records data.