840 Chelsea Avenue

Memphis, TN 38107

$125,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

Investors only! Cash offers only! No blind offers! Please go & see the property before submitting your offer. Quadplex! Estimated Market Rent $3200/month, $800 per unit. All units are 1 bedroom, 1 bathroom units. Property will need a full renovation to become rent ready. NEW ROOF, Demo completed on inside of each unit; Framing & electrical rough end completed. Please call listing agent for questions. No wholesalers!Investors only! Cash offers only! No blind offers! Please go & see the property before submitting your offer. Quadplex! Estimated Market Rent $3200/month, $800 per unit. All units are 1 bedroom, 1 bathroom units. Property will need a full renovation to become rent ready. NEW ROOF, Demo completed on inside of each unit; Framing & electrical rough end completed. Please call listing agent for questions. No wholesalers!
  1. Listed by Raven Henderson • KAIZEN Realty, LLC

Property Details for 840 Chelsea Avenue

Area
741B
MAAR Subdivision Name
NA
Legal Subdivision Name
NA

Location

Listing Courtesy of KAIZEN Realty, LLC
Add your commute
LISTING UPDATED: 04/21/2024 05:39 PM

Property Details for 840 Chelsea Avenue

StatusActive
MLS #10170568
Days on Market16
Taxes$872 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1920
Lot Size0.15 AC / 6,439 SF
CountyShelby County

Location

Listing Courtesy of KAIZEN Realty, LLC
Add your commute

Building Information for 840 Chelsea Avenue

Stories1Residences4Year Built1920Building Size-Lot Size0.15 AC / 6,439 SF

Payment Calculator

$755 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$73

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 840 Chelsea Avenue

Summary
Location and General Information
  • Address: 840 CHELSEA AVE
  • Address Search Number: 840
  • Directions: Take ramp onto I-240 E toward Nashville. Continue on I-40 W. Take exit 2 toward Smith Ave/Chelsea Avenue. Continue on Coker Street. Turn right onto Chelsea Avenue.
  • Map Coordinate: B
  • MLS Map Num: Harbor Town/Downtown
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 04-21-2024
Property
Lot Information
  • Lot Size: 47X137
  • Parcel ID: 027036 00023
Property and Assessments
  • Amenities: Other (See REMARKS)
  • Foundation: Other (See Remarks)
  • Percent Occupancy: 0
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Other (See REMARKS)
Interior Features
  • Appliances / Equipment: Other (See REMARKS)
  • Floors/Ceilings: Other (See Remarks)
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 4
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Brick, Other (See Remarks)
  • Cooling Systems: Other (See Remarks)
  • Existing Financing: Clear
  • Gross Potential Annl Rent: $3,200
  • Heating Systems: Other (See Remarks)
  • Laundry: None
  • Miscellaneous Exterior: Sidewalks, No Landscaping
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Concrete
  • Possession: At Closing
  • Sale Includes: Building and Land, No Appliances, No Equipment, No Furnishings, Other (See REMARKS)
  • Source Of Info: Owner
  • Tenant Pays: Other (Call LA)
  • Type Units: 4 or More Bedrooms, Some Fireplaces, Unfurnished

Property History for 840 Chelsea Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 840 Chelsea Avenue

Taxable ValueLand$920Additions$13,400Total$14,320
Tax Record2022$872 ($73 / month)
Home Facts
Baths3Total Finished SqFt2,492 SqFtAbove Grade Finished SqFt2,492 SqFtStories1Lot Size6,403 SqFtStyleTriplexYear Built1920ZoningMUCountySHELBYAPN027-036- - -00023Fireplace TypeHas Fireplace

Schools near 840 Chelsea Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Memphis Scholars Caldwell-Guthrie
CharterK to 5

Humes Preparatory Academy Middle School
Charter6 to 8

Manassas High School
Public9 to 12

Caldwell-Guthrie Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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840 Chelsea Avenue is a multi-family home for sale in Memphis, TN 38107. This property was listed for sale on April 21, 2024 by KAIZEN Realty, LLC, it's currently listed at $125,000. It has been on the market for a total of 16 days and was last sold on November 2, 2022. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Memphis Scholars Caldwell-Guthrie, Humes Preparatory Academy Middle School and Manassas High School. 840 Chelsea Avenue is a 0-bed, 0-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KAIZEN Realty, LLC