$39,900

1025 CHELSEA AVE, Memphis, TN 38107

3 beds |
1 bath |
1,260 sqft

Single-Family Home
Built in 1925
5,663sqft lot
—— car garage
$32/sqft
Listed 2 months ago

Property Description

Solid brick home now offered at an improved price under $40k. This value-add opportunity offers strong upside for an investor looking to renovate and reposition for rental income or resale. The property features ample space, a functional layout, and solid rental potential after updates. Significant cosmetic and/or mechanical improvements may be needed, making this a good candidate for a rehab-to-rent or BRRRR strategy. Conveniently located near major corridors and employment centers, supporting steady rental demand. Seller is open to serious offers. Property sold as-is. No wholesalers.

Listing Status:: Active
Date Added:: February 20, 2026
Data Last Updated:: May 20, 2026 at 1:04PM
Listing Office:: MLE Realty, LLC : 901-213-6534
MLS ID:: 10215089

Rooms: 6
Flooring: Hardwood Throughout
A/C: Other (See REMARKS)
Heating: Other (See REMARKS)

General: Other (See Remarks)PorchSidewalks
Style: Bungalow
Pool: None
Parking: Driveway/PadParking spaces: 1

General: 1

County: Harbor Town/Downtown

Zoning: 021046 00003

This listing courtesy of MLE Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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