2 days on Rocket
$1,425 Closing Credit¹
#10199238, Listing office: Harris Realty Services
$119,900 List price
1975 Wellons Ave Memphis, TN 38127
$1,424
Closing credit¹
3 beds
2 full
0.3 acres
House
Property details
About 1975 Wellons Ave
Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.33 Acres
Year built1958
ParkingOther (See REMARKS)
MLS #10196248
WaterfrontOther
Summary
- Full Bathrooms: 2
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 3
- Parking: Other (See REMARKS)
- Waterfront: Other
- Exterior: Other (See REMARKS)
- Architectural Style: Other (See Remarks)
- Heating: Other
- Cooling: Other
- List Price: $119,900
- Annual Tax Amount: $932
- Tax Year: 2024
- Lot: Other
- Directions: From St. Elmo and Overton Crossing, head North. Take a left on Wellons. Property will be on the left.
- Year Built: 1958
- Stories: 1
- Lot Size: 0.33 Acres
- MLS Number: 10196248
- Office Name: CrestCore Realty MphsBrokerage
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: 6/20/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$119,900
1975 Wellons Ave
$1,424
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 12, 2023 | Home Sold | $117,000 |
| Oct 07, 2021 | Home Sold | $69,000 |
| Jan 20, 2006 | Home Sold | $43,801 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $15,300 | $932 |
| 2023 | $15,300 | $932 |
| 2022 | $15,300 | $415 |
| 2021 | $15,300 | $415 |
| 2020 | $12,075 | $874 |
| 2019 | $12,075 | $874 |
| 2018 | $12,075 | $496 |
| 2017 | $12,075 | $510 |
History based on county public records data.
Nearby schools
3
Georgian Hills Achievement Elementary School (ASD)
Public District PK-5
0.2 mi
•3930 Leweir St
3
Corning Achievement Elementary School (ASD)
Public District PK-5
0.9 mi
•1662 Dabbs Ave
4
Hawkins Mill Elementary School
Public District PK-5
0.9 mi
•4295 Mountain Terrace St
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 $59,722. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
20%
<35k
75%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
27%
Single, with Kids
22%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
14%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Basketball
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Ross Dress For Less
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Jasons Deli
Golden Corral
What do the neighbors drive?
Chevrolet
Acura
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1975 Wellons Ave
The listing price of 1975 Wellons Ave property is $119,900.
The property 1975 Wellons Ave is a house located in Memphis, Tennessee, 38127.
Active Listing: 1975 Wellons Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1975 Wellons Ave are: Georgian Hills Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Corning Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Hawkins Mill Elementary School (GreatSchools Rating 4/10), Georgian Hills Middle School (GreatSchools Rating 4/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Compass Community School Frayser Campus (GreatSchools Rating 5/10), Memphis Business Academy High School (GreatSchools Rating 4/10), Trezevant High School (GreatSchools Rating 3/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $932 (source: MLS/based on county public records data).
The last sale was on July 12, 2023 for $117,000 (source: MLS/tax record).
The property at 1975 Wellons Ave has 3 bedrooms and 2 bathrooms.
The year of construction for 1975 Wellons Ave is 1958.
This home is located at 1975 Wellons Ave in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $119,900.
While more than 70 listings in Memphis, TN in May 2025 were sold above asking price, there were more than 110 listings sold at asking price, and more than 263 were sold below. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.