5-Unit Garden Apartment
For Sale
$292,500
1025 S WELLINGTON St, Memphis, TN 38126
Multi-Family, Memphis, TN
Property Size3,772 SF
Price / SF$77.55
Days on Market13
Property Features for 1025 S WELLINGTON St
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Subdivision
WASHI GTON HEIGHTS BLK 7
Standard status
Active
Size
3,772 SF
Taxes and HOA fees
Tax Annual Amount
687
Building Details
Year built
1968
Listing Agency:
Sowell, Realtors
(901) 278-4380
Listed By:
Joshua Cooper
(901) 871-1204
Added: Aug 18
Changed: Aug 19
Last Checked: Aug 30 at 8:06AM
MLS# 10228654
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.
Investment Insights
Based on property information with market context.
This 5-unit garden apartment property contains 3,772 square feet and was built in 1968. Building improvements include a replacement roof, plumbing, electrical, and mechanical work completed in January 2022, along with replacement iron stairways at both ends in March 2024. The property is currently 80% occupied.
The apartment building is located at 1025 S Wellington St in Memphis, Tennessee, near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum. Its five-unit configuration and documented capital improvements provide a straightforward multifamily asset profile for an investor-focused sale.
The apartment building is located at 1025 S Wellington St in Memphis, Tennessee, near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum. Its five-unit configuration and documented capital improvements provide a straightforward multifamily asset profile for an investor-focused sale.
Key Highlights
- 5‑unit garden apartment building with 3,772 square feet
- 80% occupied at the time of listing
- New roof, plumbing, electrical, and mechanical work completed January 2022
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 38126, TN
5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Garden apartment property with updated roof, plumbing, electrical, and mechanical systems.
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 $292,500.
What are key features of this property?
This property features: 5‑unit garden apartment building with 3,772 square feet; 80% occupied at the time of listing; New roof, plumbing, electrical, and mechanical work completed January 2022
