This property presents an excellent opportunity for both new and seasoned investors looking to expand their portfolios. Currently tenant-occupied and well-maintained, it is conveniently located just minutes from downtown, offering easy access to shopping, dining, and I-240. The property is leased at $1,000 per month, with the lease secured through January 2026. The seller can provide current rent history upon request, as the tenant is in good standing with consistent payments. A $400 security deposit is in place. Please respect tenant rights and refrain from disturbing the occupant.
For sale
$112,000
2342 Wellons Ave, Memphis, TN 38127
3beds
--sqft
Est.:
Detached Single Family
Built in 1961
0.33 Acres Lot
$106,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 10 days
- on Zillow |
- 440 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 06:27am
Listed by:
Tracy Jefferson,
Crye-Leike, Inc., REALTORS 901-372-3690
Source: MAAR,MLS#: 10194392

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Other (See Remarks)
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Living room
- Dimensions: 0 x 0
Heating
- Central, Other (See REMARKS)
Cooling
- Central Air, Other (See REMARKS)
Appliances
- Included: Other (See REMARKS)
Features
- Other (See REMARKS), All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Other (See Remarks)
Interior area
- Living area range: 1200-1399 Square Feet
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad, Other (See REMARKS)
- Covered spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other (See REMARKS)
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.33 Acres
- Dimensions: 80X178
- Features: Other (See Remarks)
Details
- Parcel number: 071048 00121
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Detached Single Family
Materials
- Log
- Foundation: Other (See Remarks), Slab
- Roof: Composition Shingles,Other (See REMARKS)
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Other (See REMARKS)
- Security: Other (See REMARKS)
- Subdivision: St Elmo 5th Addition
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $66,200
- Annual tax amount: $1,090
- Price range: $112K - $112K
- Date on market: 4/16/2025
- Listing terms: Conventional,Other (See REMARKS)
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