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814 Chelsea, Memphis, TN 38107

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For Sale

$99,900

4 beds • 2 baths

Estimated Payment

$ 566 /mo. †

6.65% APR for 30 yrs.
$631 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 10188190

Courtesy Of Crye-Leike Realtors

(901) 756-8900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional

Map and Directions

Directions to 814 Chelsea, Memphis, TN 38107

Home seller CENTURY 21 Patterson & Associates Real Estate Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Patterson & Associates Real Estate Co.

(901) 701-1064
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $513
  • Property Taxes
    $52
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $566

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Memphis Scholars Caldwell-guthrie (asd)

Grades PK-5 Public School

Memphis, TN 38107 0.3 miles
951 chelsea ave

341 total students
31:1 Student teacher ratio

School Rating: D+

School Details

Humes Preparatory Academy (asd)

Grades 6-8 Public School

Memphis, TN 38107 0.6 miles
659 n manassas st

252 total students
19:1 Student teacher ratio

School Rating: C-

School Details

Manassas High School

Grades 9-12 Public School

Memphis, TN 38107 0.3 miles
1111 n manassas st

418 total students
15:1 Student teacher ratio

School Rating: D-

School Details
Other Nearby Schools Distance Type Grades School Rating
Kids School Early Childhood Development Center 0.5 miles Public PK
Kipp Memphis Collegiate Middle School 0.6 miles Public 5-8 C
Kipp Memphis Collegiate Elementary School 0.6 miles Public KG-4 D
Believe Memphis Academy Charter School 0.9 miles Public 4-7 C-
Perea Elementary School 0.9 miles Public KG-2
Maria Montessori School 1.3 miles Private KG-8
Crosstown High School 1.4 miles Public 9-11 C
Memphis Recovery Center 1.6 miles Private 9-12
Vollentine Elementary School 1.6 miles Public PK-5 D
Northwest Preparatory Academy 1.6 miles Public 9-12 F
Memphis Academy Of Science Engineering Middle/high 1.7 miles Public 6-12 C-
Memphis Grizzlies Preparatory Charter School 1.8 miles Public 5-8 C+
Jessie Mahan Day Care Center 1.8 miles Public PK
City University School Girls Preparatory 1.8 miles Public 6-8 C+
Downtown Elementary School 1.8 miles Public PK-5 D+
Kaleidoscope School Of Memphis 1.8 miles Public 6-8
Memphis Learning Academy 1.9 miles Public PK

Kids School Early Childhood Development Center

Distance: 0.5 miles

Type Public

Grades: PK

Kipp Memphis Collegiate Middle School

Distance: 0.6 miles

Type Public

Grades: 5-8

C

Kipp Memphis Collegiate Elementary School

Distance: 0.6 miles

Type Public

Grades: KG-4

D

Believe Memphis Academy Charter School

Distance: 0.9 miles

Type Public

Grades: 4-7

C-

Perea Elementary School

Distance: 0.9 miles

Type Public

Grades: KG-2

Maria Montessori School

Distance: 1.3 miles

Type Private

Grades: KG-8

Crosstown High School

Distance: 1.4 miles

Type Public

Grades: 9-11

C

Memphis Recovery Center

Distance: 1.6 miles

Type Private

Grades: 9-12

Vollentine Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

D

Northwest Preparatory Academy

Distance: 1.6 miles

Type Public

Grades: 9-12

F

Memphis Academy Of Science Engineering Middle/high

Distance: 1.7 miles

Type Public

Grades: 6-12

C-

Memphis Grizzlies Preparatory Charter School

Distance: 1.8 miles

Type Public

Grades: 5-8

C+

Jessie Mahan Day Care Center

Distance: 1.8 miles

Type Public

Grades: PK

City University School Girls Preparatory

Distance: 1.8 miles

Type Public

Grades: 6-8

C+

Downtown Elementary School

Distance: 1.8 miles

Type Public

Grades: PK-5

D+

Kaleidoscope School Of Memphis

Distance: 1.8 miles

Type Public

Grades: 6-8

Memphis Learning Academy

Distance: 1.9 miles

Type Public

Grades: PK

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Memphis, TN 38107

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Memphis, TN 38107

This community’s employment is highest in the education and transportation industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
30° January
Coldest Average Month
6,890 Total Households in Area
-1.4% Increase in population since the year 2010
19.6%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Memphis, TN 38107

Memphis, TN 38107 has a population of 16,004 people in 6,890 households with a median age of 38.3 years old.

-1.4%
Decrease in population
since the year 2010
Population is Trending down
7,107
Total households as of 2010
1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.3 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 71%
White 21%
Hispanic 3%
Asian 2%
Other 2%
Native American <1%
The most prevalent ethnicity is Black at 71%, followed by White at 21%, Hispanic at 3%, and Asian at 2%.

Economics
for Memphis, TN 38107

2,748 /sq mi
Population Density
$47,282 /yr
Median Household Income
$125,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 20.75% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 6%
  • Walk or Bike 4%
  • Public Transit 4%

Occupancy by Type

Rented 4,190 52%
Owned 2,700 33%
Vacant 1,215 15%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Memphis, TN 38107

38.3 Median Age

Average Household Size

2.3
persons per
household

15.5%

Married Households

Community Population By Education

High School Graduate 29%
Some College 22%
Bachelors Degree 15%
Some High School 15%
Graduate Degree 11%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 29.16% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
19.7% of households have children

Weather
for Memphis, TN 38107

The weather for this area ranges from a high of 91° F in July to a low of 30° F in January

91° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
34°
53°
Mar
41°
62°
Apr
51°
73°
May
59°
81°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
75°
Nov
41°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Memphis, TN 38107!
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Copyright © 2025 Memphis Area Association of Realtors&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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