7-Unit Apartment
For Sale
$449,999
1825 Castalia Street, Memphis, TN 38114
Fully occupied property with six recently renovated units and air conditioning serving every apartment.
Property SizeContact for details
Days on Market165
Property Features for 1825 Castalia Street
General Information
Standard status
Active
Property subtype
Multi-Family / Apartment Building
Occupancy
100%
Additional Details
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$3,954
Amenities
air conditioning
Other (See Remarks)
Shingle/Shake
Building Details
Year Built
1958
Listing Agency:
Fast Track Realty, LLC
Listed By:
Elizabeth Gavarrete
(901) 496-6183
Source:
Compass
Added: Mar 23
Changed: Aug 31
Last Checked: Aug 30 at 11:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fast Track Realty, LLC
Investment Insights
Based on property information with market context.
Located at 1825 Castalia Street in Memphis, this 7-unit apartment building was constructed in 1958 and is fully occupied. Six apartments have undergone renovation within the last two years, while all units are leased under long-term agreements.
Each apartment is equipped with air conditioning through either central AC or PTAC systems. The property sits directly across from the Kellogg’s facility and near major distribution centers, placing it within approximately 15 minutes of Memphis International Airport. Its proximity to employment and transportation hubs adds practical context for multifamily operations.
Each apartment is equipped with air conditioning through either central AC or PTAC systems. The property sits directly across from the Kellogg’s facility and near major distribution centers, placing it within approximately 15 minutes of Memphis International Airport. Its proximity to employment and transportation hubs adds practical context for multifamily operations.
Key Highlights
- 7‑unit apartment building with 100% occupancy
- Six of seven units renovated within the last two years
- All units secured by long‑term leases
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
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 - Fully occupied property with six recently renovated units and air conditioning serving every apartment.
Where is this apartment building located?
The property is located at 1825 Castalia Street Memphis, TN.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: 7‑unit apartment building with 100% occupancy; Six of seven units renovated within the last two years; All units secured by long‑term leases
