5-Unit Garden Apartment
1025 S WELLINGTON St, Memphis, TN 38126
For Sale
$292,500
Multi-Family, Memphis, TN
Property Size3,772 SF
Price / SF$77.55
Days on Market89
Property Features for 1025 S WELLINGTON St
General Information
Property type
Property subtype
Subdivision
Standard status
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Listing Agency:
Sowell, Realtors
(901) 278-4380
Listed By:
Joshua Cooper
(901) 871-1204
Added: Aug 18
Changed: Nov 12
Last Checked: Nov 14 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
This 5-unit garden apartment building contains 3,772 square feet and dates to 1968. Occupancy is 80%. Roof, plumbing, electrical, and mechanical work was completed in January 2022, and iron stairs at both ends of the building were replaced in March 2024.
The property is in Memphis, near Downtown, LeMoyne-Owen College, and the Stax Museum.
The property is in Memphis, near Downtown, LeMoyne-Owen College, and the Stax Museum.
Key Highlights
- Five apartments in a 3,772‑square‑foot garden‑style building
- 80% occupied
- Roof, plumbing, electrical, and mechanical work completed January 2022
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Lease Details
5
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
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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
$59,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Memphis, TN
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The property is 80% occupied, with recent building-system work and replacement exterior stairs.
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: Five apartments in a 3,772‑square‑foot garden‑style building; 80% occupied; Roof, plumbing, electrical, and mechanical work completed January 2022
