Skip To Content

1025 S Wellington St

Memphis, TN 38126
  • $314,895
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 10199333
UPDATED: 62 min ago
$314,895
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Ratings & Info

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! This unit is part of a package of 18 properties.

Monthly Payment Calculator



© 2025 Memphis Area Association of REALTORS®. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-07-14T13:03:41.753.
www.gowenpropertygroup.com/homes/165048375
Print Image

1025 S Wellington St Memphis, TN 38126

  • Price: $314,895
  • Status: Active
  • On Site: 25 Days
  • Updated: 62 min ago
  • MLS #: 10199333
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1968
Built
Neighborhood:
Washington Heights Blk 7
County:
Shelby
Area:
South Bluffs/Downtown
Property 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! This unit is part of a package of 18 properties.
Exterior Features

Buildings 1 Construction Brick/Veneer Foundation Slab Lot Size 65 X 200 Parking Facility Gravel Roof Shingle/Shake

Interior Features

Cooling Systems 1 Window Unit per Unit Floors And Ceilings Vinyl Floor Heating Systems Wall Heat Hot Water Electrical Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 5 3 Bedroom Units 0 Annual City Tax 648 Annual County Tax 687 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Clear Legal Subdivision Name WASHI GTON HEIGHTS BLK 7 Lot Number 3 & PT 4 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceRepairs/MaintenanceTaxes Other Units 0 Possession Tenants Rights Sale Includes Building and Land Source Of Info LeasesRent Roll Tenant Pays Some Utilities Type Of Leases Year Type Of Units 2 BR - 1 Bath

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Sowell, Realtors: 901-278-4380.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-07-14T13:03:41.753.
 
https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10199333-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10199333-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10199333-2.jpg
Logo
Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672