1654 Ely St

Memphis, TN
$ 74,900 Beds 3 Baths 1 Sq 831
Monthly Estimate* How much can I afford?

Great opportunity for an investor or first-time homebuyer! This 3-bedroom, 1-bath home offers excellent potential with minimal work needed. The property is being sold AS-IS and was recently rented through the Section 8 Housing Choice Voucher Program for approximately $1,000 per month, making it an attractive option for investors seeking rental income. Whether you're looking to expand your rental portfolio or purchase your first home, this property is worth considering.

Active

  • Price
  • $ 74,900
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.09 Acres
  • Zip
  • 38106
  • Sqr Footage
  • 831
  • Year Built
  • 1958
  • Taxes
  • $ 1264
  • Style
  • Traditional
  • MLS#
  • 3516243
Listed By: ResiAmerica Inc;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 831
Heating Central
Cooling Wall/Window Unit(s)
Possession Negotiable
Architectural Style Traditional
Year Built 1958
Stories Count 1
Levels Three Or More
Property Subtype Single Family Residence
County Shelby County,TN
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name ORLEANS ST PL BLK 6
Full Baths 1
Status Active
Directions From Third Street and S Parkway E,east on S Parkway E to Ely,home is on the left
City Memphis
Senior Community Y/N No
Lot Size Units Acres
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 1264
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Flooring Luxury Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Fencing Chain Link
Parking Features Parking Pad
Lot Size Area 0.09
Building Area Total 831
Lot Dimensions 50X80
Lot Size Acres 0.09
Waterfront Y/N No

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/19/2026 Listed $74,900

Property vs Zip Code Average in 38106

Price
AVG $100K
$70K
Taxes
AVG $869
$1,264
Year Built
AVG 1950
1958
Visits
AVG 78
2
Data Provided by Inside Real Estate®

Areas That We Cover

1654 Ely St Memphis, TN is a Single Family Home for sale at $74900 with 831 sqft and a lot size of 0.09 Acres Acre(s). 1654 Ely St Memphis has 3 bedrooms, 1 baths and was built in 1958. The property's zip code is 38106 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

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Amy Lampley

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