#10196550, Listing office: Foundation Property Management
Property details
About 2559 Wellons Ave
Market rent: $1150-$1200- Home completely remodeled and rent ready in a booming rental market. Great addition to your cash flow and investment portfolio. No wholesalers or owner financed offers. Property is currently vacant.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.16 Acres
Year built1989
ParkingDriveway/Pad
MLS #10198974
Summary
- Full Bathrooms: 1
- Flooring Type: Wood Laminate Floors
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $115,000
- Annual Tax Amount: $1,320
- Tax Year: 2024
- Lot: Few Trees, Landscaped
- Directions: Going east on St Elmo Ave, take a right onto Range Line Road. Take a right onto Wellons Avenue. Property is on the left.
- Year Built: 1989
- Stories: 1
- Lot Size: 0.16 Acres
- MLS Number: 10198974
- Office Name: The Stamps Real Estate Company
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: 7/7/2025, 10:45:27 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 |
|---|---|---|
| Apr 09, 2021 | Home Sold | $87,500 |
| Dec 03, 2020 | Home Sold | $35,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $21,675 | $1,320 |
| 2023 | $21,675 | $1,320 |
| 2022 | $21,675 | $1,021 |
| 2021 | $16,575 | $1,021 |
| 2020 | $10,875 | $788 |
| 2019 | $10,875 | $788 |
| 2018 | $10,875 | $446 |
| 2017 | $10,875 | $473 |
History based on county public records data.
Nearby schools
4
Hawkins Mill Elementary School
Public District PK-5
0.5 mi
•4295 Mountain Terrace St
4
Libertas School
Public Charter PK-5
0.6 mi
•3777 Edenburg Dr
3
Georgian Hills Achievement Elementary School (ASD)
Public District PK-5
1.1 mi
•3930 Leweir 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 $28,694. Most Memphis, TN residents have annual incomes less than $<35k. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
31%
35k-100k
5%
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?
35%
Single, No Kids
39%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
13%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Burlington
Big Lots
Stein Mart
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2559 Wellons Ave
The listing price of 2559 Wellons Ave property is $115,000.
The property 2559 Wellons Ave is a house located in Memphis, Tennessee, 38127.
Active Listing: 2559 Wellons Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2559 Wellons Ave are: Hawkins Mill Elementary School (GreatSchools Rating 4/10), Libertas School (GreatSchools Rating 4/10), Georgian Hills Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Georgian Hills Middle School (GreatSchools Rating 4/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Memphis Academy of Health Sciences (GreatSchools Rating 3/10), Trezevant High School (GreatSchools Rating 3/10), Memphis Business Academy High School (GreatSchools Rating 4/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,320 (source: MLS/based on county public records data).
The last sale was on April 9, 2021 for $87,500 (source: MLS/tax record).
The property at 2559 Wellons Ave has 3 bedrooms and 1 bathroom.
The year of construction for 2559 Wellons Ave is 1989.
This home is located at 2559 Wellons Ave in Memphis, TN and zip code 38127 in the Rangeline neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $115,000.
While more than 73 listings in Memphis, TN in June 2025 were sold above asking price, there were more than 107 listings sold at asking price, and more than 219 were sold below. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. In June 2025 median list price was $224,900 and the average listing age was 35 days.
From Rocket Homes Real Estate and based on county public records data.