#10187111, Listing Office: Patterson & Assoc. Real Estate
Property details
About 1587 Chelsea Ave
This Commercial zoned lot has EMP zoning which is one of the most flexible commercial zonings. Possible uses include Daycare, truck parking, funeral services, retail and more! It has 480 feet of Road Frontage on Chelsea. This is a level lot that previously had a structure on it. Call me direct with for more information
Highlights
Home typeVacant Land
StatusActive
Lot size5.09 Acres
MLS #10177091
Summary
- MLS Number: 10177091
- Office Name: Braden, Braden & Braden LLC
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: 3/9/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
1587 Chelsea Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $37,280 | $2,270 |
| 2023 | $37,280 | $2,270 |
| 2022 | $37,280 | $2,297 |
| 2020 | $- | $2,588 |
| 2019 | $35,720 | $2,588 |
| 2018 | $35,720 | $1,468 |
| 2017 | $35,720 | $2,219 |
History based on county public records data.
Nearby schools
2
Vollentine Elementary School
Public Magnet PK-5
0.6 mi
•1682 Vollintine Ave
3
Memphis Scholars Caldwell-Guthrie (ASD)
Public Charter PK-5
1.2 mi
•951 Chelsea Ave
4
Kipp Memphis Academy Elementary School
Public Charter PK-4
1.4 mi
•2248 Shannon 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 $16,197. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
85%
<35k
14%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
27%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Cicis Pizza
What do the neighbors drive?
Buick
Kia
Pontiac
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1587 Chelsea Ave
This home is located at 1587 Chelsea Ave in Memphis, TN and zip code 38108 in the Rhodes / Hollywood / Springdale neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $1,000,000.
In February 2025, from all listings sold in Memphis, TN there were more than 57 sold above asking price, over 205 sold below and more than 73 were sold right at the asked price. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. The median list price of listings available in February 2025 was $185,000, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.