$998 Closing Credit¹
Listing Office: CrestCore Realty MphsBrokerage
$830
closing credit¹
818 Chelsea Ave Memphis, TN 38107
$69,900 List price
$830
Closing credit¹
Multi-Family
Property details
About 818 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.
Highlights
Home typeDuplex
HeatingOther
StatusActive
CoolingOther
Year built1932
ParkingDriveway/Pad
MLS #10188191
Summary
- MLS Number: 10188191
- 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: 1/17/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$69,900
818 Chelsea Ave
$830
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 12, 2021 | Home Sold | $155,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $10,240 | $741 |
| 2020 | $16,240 | $1,176 |
| 2019 | $16,240 | $1,176 |
| 2018 | $16,240 | $667 |
| 2017 | $16,240 | $748 |
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.
Neighborhood
The neighbors living near this home have an average income of $20,556. Typical income of Memphis, TN residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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 Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
White Castle
What do the neighbors drive?
Kia
Buick
Chevrolet
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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This home is located at 818 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 $69,900.
Over 61 listings were sold over their listed price in December 2024 in Memphis, TN. In the same period over 237 listings were sold below the listed price and 97 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 1.5% between November and December 2024. The median list price of listings available in December 2024 was $190,593, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.