$394,999

750 CHELSEA AVE, Memphis TN, 38107

Price per sqft$145.22

Built in1965

Property size2,720 sqft

Property typeCommercial

Overview

Active

Listed Aug 20, 2026

Updated 12 days ago

Fully occupied multifamily investment opportunity just minutes from Downtown Memphis! This fourplex features four 2-bedroom/1-bath units with current scheduled rents totaling $3,275 per month/$39,300 annually. Recent improvements include the addition of washer/dryers for tenant convenience. The property also offers gated parking, with tenants responsible for electric, gas and trash and owner paying water. Conveniently located near shopping, dining and major highways with easy access to Downtown Memphis and the Bass Pro Pyramid. Offered at $399,999, this income-producing property provides an opportunity to add an established, fully occupied multifamily asset to your investment portfolio.

Additional information

MLS^® ID: 10228773

Interior Features

Bedrooms: 4
Cooling: Yes
Heating: Yes
Basement: No

Listed by Alicia Teeter with The Firm
Listing Contact: 901-606-4669

The IDX display contains information sourced from the Memphis Area Association of REALTORS^® as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

Data last updated on 10/1/2026 at 3:28 AM UTC