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.
Closed
$66,667
818 Chelsea Ave, Memphis, TN 38107
4beds
2baths
2,072sqft
Multi Family
Built in 1932
-- sqft lot
$111,600 Zestimate®
$32/sqft
$1,036 Estimated rent
Home value
$111,600
$83,000 - $144,000
$1,036/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listing Provided by:
Tyler Tapley 901-871-1290,
Crye-Leike, Realtors
Bought with:
Non-MLS Non-Board Agent
NON-MLS OR NON-BOARD OFFICE
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3084457
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
Property
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 5,616 sqft
- Dimensions: 52 x 108
Details
- Parcel number: 027011 00034
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1932
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Frey S/D
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $66,667+2.7%$32/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3084457 Report a problem | ||
| 5/14/2025 | Pending sale | $64,900$31/sqft |
Source:  MAAR #10188191 Report a problem | ||
| 4/2/2025 | Price change | $64,900-7.2%$31/sqft |
Source: MAAR #10188191 Report a problem | ||
| 1/16/2025 | Listed for sale | $69,900-5.5%$34/sqft |
Source: MAAR #10188191 Report a problem | ||
| 9/10/2024 | Listing removed | $74,000$36/sqft |
Source: MAAR #10176615 Report a problem | ||
| 9/10/2024 | Price change | $74,000-7.5%$36/sqft |
Source: MAAR #10176615 Report a problem | ||
| 8/6/2024 | Price change | $80,000-5.9%$39/sqft |
Source: MAAR #10176615 Report a problem | ||
| 7/10/2024 | Listed for sale | $85,000+70%$41/sqft |
Source: MAAR #10176615 Report a problem | ||
| 1/30/2020 | Listing removed | $50,000$24/sqft |
Source: Crye-Leike, Inc., REALTORS #10050343 Report a problem | ||
| 4/14/2019 | Listed for sale | $50,000-20.6%$24/sqft |
Source: Crye-Leike, Inc., REALTORS #10050343 Report a problem | ||
| 3/19/2013 | Listing removed | $63,000$30/sqft |
Source: Keller Williams Realty #3204678 Report a problem | ||
| 7/20/2011 | Price change | $63,000-7.4%$30/sqft |
Source: Keller Williams Realty #3204678 Report a problem | ||
| 12/5/2010 | Listed for sale | $68,000-50%$33/sqft |
Source: Connie M Robertson #3204678 Report a problem | ||
| 5/6/1996 | Sold | $136,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,288 +91% | $24,440 +138.7% |
| 2024 | $674 +8.1% | $10,240 |
| 2023 | $624 | $10,240 |
| 2022 | -- | $10,240 |
| 2021 | -- | $10,240 -36.9% |
| 2020 | $519 | $16,240 |
| 2019 | $519 -21.1% | $16,240 |
| 2018 | $658 -45.1% | $16,240 |
| 2017 | $1,199 +105.9% | $16,240 -5.1% |
| 2016 | $582 -4.3% | $17,120 |
| 2014 | $608 | $17,120 -24.4% |
| 2013 | -- | $22,640 +18.7% |
| 2012 | -- | $19,080 |
| 2011 | -- | $19,080 |
| 2010 | -- | $19,080 |
| 2009 | -- | $19,080 |
| 2008 | -- | $19,080 |
| 2007 | -- | $19,080 |
| 2006 | -- | $19,080 -29.1% |
| 2005 | -- | $26,920 +71.7% |
| 2004 | -- | $15,680 |
| 2003 | -- | $15,680 |
| 2002 | -- | $15,680 |
| 2001 | -- | $15,680 -12.9% |
| 2000 | -- | $18,000 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- NACaldwell-Guthrie Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 0.3 mi
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- Tennessee
- Shelby County
- Memphis
- 38107
- Downtown
- 818 Chelsea Ave
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