$292,500 $1,570 est/mo Sourced by Back At You
1025 S Wellington St,Memphis, TN 38126
Memphis, TN 38126
Description
Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information!
Details
| MLS # | 10228654 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 29 |
| Listing Provided By | Sowell, Realtors | Joshua Cooper |
Features
| Units | 5 |
|---|---|
| Building(s) | 1 |
Exterior
| Roof | Shingle/Shake |
|---|---|
| Construction | Brick/Veneer |
| Foundation | Slab |
Parking
| Parking Facility | Gravel |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | WASHINGTON HEIGHTS BLK 7 |
| Listing VS Median (in WASHINGTON HEIGHTS BLK 7) | |
Price: $292,500 low | high Med: $0 On site: 29 low | high Med: | |
Market Activity 38126
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | WASHINGTON HEIGHTS BLK 7 |
| Listing VS Median (in WASHINGTON HEIGHTS BLK 7) | |
Price: $292,500 low | high Med: $0 On site: 29 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $219K - $365K
sqft: 0 - 0
Listing Updated: September 1, 2026 at 10:19:02 AM PDT