1025 S WELLINGTON St Memphis, TN 38126

Building Details

Year built

1968

Listing agency Sowell, Realtors s***@bellsouth.net Show Phone

Listed by Joshua Cooper Show Phone

Added: May 15 Updated: Jul 2 at 1:23AM Checked: Jul 21 at 10:06AM

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MLS# 10222410

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This property is a 5-unit garden apartment building. Recent capital updates include new iron stairs on both ends, replaced in March 2024. Additional improvements were completed in January 2022, including new roof, plumbing, electrical, and mechanical work. The building is currently 80% occupied.

The property is centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum. Street-level access details and frontage information are not provided, but the address is 1025 S Wellington St in Memphis, Tennessee.

For investors seeking a small multifamily asset, this offering provides five rental units within a centrally located Memphis setting. The listing reports annual scheduled rents of $38,820 and notes a potential of $42,000 in annual rents. Investors only; please contact the listing agent for additional information and next steps.

Key Highlights

• 5‑unit garden apartment built in 1968
• New roof, plumbing, electrical, and mechanical work completed January 2022
• New iron stairs on both ends replaced March 2024

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FAQs

What type of property is this?

Apartment building - Five-unit garden apartment with recent stair and building systems updates and current 80% occupancy.

Where is this apartment building located?

The property is located at 1025 S WELLINGTON St Memphis, TN.

What is the asking price?

The asking price for this property is $299,400.

What are key features of this property?

This property features: 5‑unit garden apartment built in 1968; New roof, plumbing, electrical, and mechanical work completed January 2022; New iron stairs on both ends replaced March 2024