1024 Wellington St Memphis, TN 38126

Listing agency Braden, Braden & Braden CRE Show Phone

Listed by John Cornes, CCIM · License #303183

Source Crexi

Added: Apr 11 Updated: Jul 21 at 5:15PM Checked: Jul 21 at 5:15PM

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Investment Insights

Based on property information with market context.

This mixed-use residential income property includes units configured as 2BA/1BA. The property is currently reported as 100% occupied, with gross scheduled rents noted at $1,400 per month. Tenant leasing is described as long-term with month-to-month leases.

The property is located approximately four minutes from downtown Memphis, and a bus line is available at the corner. The address is listed as 1024 Wellington St, Memphis, TN 38126, and the property is identified as being in a designated Opportunity Zone.

Per the listing remarks, a contract must be in place to schedule showings, and no showings are permitted without an approved contract; drive-by viewing is noted as allowed.

Key Highlights

• All units are 2BA/1BA with 100% occupancy
• Gross scheduled rents are $1,400/mo
• Long‑term tenants with month‑to‑month leases

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FAQs

What type of property is this?

Mixed-use property - Mixed-use residential income property featuring 2BA/1BA units and 100% occupancy.

Where is this mixed-use property located?

The property is located at 1024 Wellington St Memphis, TN.

What are key features of this property?

This property features: All units are 2BA/1BA with 100% occupancy; Gross scheduled rents are $1,400/mo; Long‑term tenants with month‑to‑month leases