$174,800
 $938 est/mo Sourced by Back At You

2312 Wellons St,Memphis, TN 38127

Memphis, TN 38127

Share:

Description

This beautiful brick 3-bedroom 1 bath Frayser neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! The home is currently vacant and in need of mid-level rehab for no deferred maintenance. Owner has professional contractors available to complete rehab for "hands-off" investment! Other homes are 967 Maria, 973 Maria, 1185 Wrenwood, (Memphis TN), 2184 Ashland (Southaven, MS), 6467 Tulane (Horn Lake, MS) (three of the six homes are tenant occupied with long-term tenants - day one cashflow in place)! $975,000.00 is Bundle Price.? Bundle price reduced by $100k!!. Owner willing to rehab and sale to Owner Occupants separately as well! We specialize in investment properties and have other opportunities available! DO NOT Disturb Tenants. No inspections without contract.

Details

MLS #10217061
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1961
Days On Site176
Listing Provided ByIndependence Realty&Investment | Derrick Brown

Features

Bed(s)2
Bath(s) 1 Total
Garage2
Story(s)1
Acreage0.30
Property ViewCorner

Interior

Number Of Rooms6
CoolingWindow Unit(s)
HeatingWall Unit

Exterior

RoofComposition Shingles
FoundationSlab
Lot DescriptionCorner

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38127
AreaFrayser North
Subarea725D
Community NameST ELMO 5TH ADD
Listing VS Median (in ST ELMO 5TH ADD)
Price:
$174,800
low | high
Med:
$0
On site:
176
low | high
Med:
Sourced by Back At You

Market Activity 38127

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Kaizen Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.

Contact

Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38127
AreaFrayser North
Subarea725D
Community NameST ELMO 5TH ADD
Listing VS Median (in ST ELMO 5TH ADD)
Price:
$174,800
low | high
Med:
$0
On site:
176
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $131K - $218K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4051 RIDGEDALE ST Property Photo 1
$95,000
4051 Ridgedale St
Memphis, TN 38127
2342 WELLONS AVE Property Photo 1
$110,000
2342 Wellons Ave
Memphis, TN 38127
Listing Updated: August 6, 2026 at 10:35:10 AM PDT
Real Estate Links Our Domains