Primary on Main
Address
2312 Wellons St, Memphis, TN
Price
$ 174,800
Property Attributes
  • MLS#10217061
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaFrayser - North
  • NeighborhoodST ELMO 5TH ADD
  • Zip38127
  • StyleTraditional
  • Year Built1961
  • Taxes$ 1023
  • Price$ 174,800
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1188
  • Lot Size0.3 Acres
Data Source:
Memphis MLS (MAAR)
Property 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.

Price History
3/18/2026 Listed $174,900
5/1/2026 1$174,800

General Features

Heating Wall Unit
Cooling Window Unit(s)
Roof Composition Shingles
Status Active
Full Baths 1
Legal Subdivision Name ST ELMO 5TH ADDITION
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 725D
Parcel Number 071048 00125
Status Active
Annual City Tax 501
Annual County Tax 522
Sale/Rent For Sale
Area Frayser - North
Service Type Full Service Listing
Neighborhood Association None
Year Built 1961
Directions 2312 Wellons Ave.,Memphis,TN 38127
City Memphis
DOM 176

Interior Features

Dining Room 10x10
Living Room Eat-In Kitchen,Washer/Dryer Connections
Living Room Dimensions 12x14
Beds 2
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 2
BEDROOM 4 DESCRIPTION Hardwood Floor
FLOORS/CEILINGS Hardwood Throughout,Tile
BEDROOM 3 DESCRIPTION Hardwood Floor
BEDROOM 2 DESCRIPTION Hardwood Floor

Exterior Features

Foundation Slab
Pool None
Lot 75
Lot Size Area 0.3
Water & Sewer Public Sewer,Public Water
Lot Size 116X117
Parking Display C2A
Lot Description Corner
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Wood Window(s)
Misc. Exterior Other (See REMARKS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38127

Price
AVG $110K
$170K
Taxes
AVG $1,049
$1,023
Year Built
AVG 1964
1961
Visits
AVG 62
165
Data Provided by Inside Real Estate®