$99,900

814 Chelsea Ave Memphis, TN 38107

$1,186
Closing credit¹
Multi-Family

Property details

About 814 Chelsea Ave

Investment opportunity available. Three separate duplexes, each unit is a 2bed/ 1bath. Six units total. Addresses are 810/812 Chelsea, 814/816 Chelsea , 818/820 Chelsea. Market rent is approximately $850. Painted brick exterior and roofs were recently replaced...interior of each property does need repairs/updates. Utilities are separated too which helps! Redevelopment opportunity. Seller prefers bulk sale of all 3 units but will look at selling each duplex individually. Could be a huge value add for your portfolio! Very close to downtown area. Seller is not interested in owner financed offers, creative financing, subject to offers, and no wholesalers or assignments please. ONLINE VIDEO AVAILABLE UPON REQUEST. Interior photos are from one of the duplexes. More info available.

Highlights

Home typeDuplex
HeatingOther
StatusActive
CoolingOther
Year built1932
ParkingDriveway/Pad
MLS #10188190

Summary

  • MLS Number: 10188190
  • Office Name: Crye-Leike, Inc., REALTORS

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: 3/15/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of side of home with a porch

$99,900

814 Chelsea Ave

$1,186

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 20, 2023
Home Sold
$270,000
May 25, 2022
Home Sold
$240,000

Tax history

YearAssessmentProperty Tax
2024$10,360$631
2023$10,360$631
2022$10,360$638
2021$10,360$638
2020$16,440$1,191
2019$16,440$1,191
2018$16,440$675
2017$16,440$758

History based on county public records data.

Nearby schools

3

Memphis Scholars Caldwell-Guthrie (ASD)

Public Charter PK-5

0.3 mi

951 Chelsea Ave

3

Kipp Memphis Collegiate Elementary School

Public Charter KG-4

0.6 mi

230 Henry Ave

2

Vollentine Elementary School

Public Magnet PK-5

1.6 mi

1682 Vollintine Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,556. The most common annual income of people living in Memphis, TN is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

75%
<35k
24%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
25%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Burger KingBurger King
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 814 Chelsea Ave in Memphis, TN and zip code 38107 in the New Chicago neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $99,900.

Memphis, TN housing market in February 2025 saw over 57 listings sold above listed price, more than 73 sold at listed price and over 205 sold below. The number of homes for sale in Memphis, TN increased by 13.5% between January and February 2025. While the average time on the market in February 2025 was 67 days, the median list price was $185,000.

From Rocket Homes Real Estate and based on county public records data.

More resources