$312,895
$1K PRICE DROP

1025 S Wellington St Memphis, TN 38126

South Memphis Neighborhood

Estimated payment $1,959/month

Total Views 4,428
10 Beds
-- Bath
3,772 Sq Ft
$83 Price per Sq Ft

About This Home

Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information! This unit is part of a package of 18 properties.

Listing Agent

Joshua Cooper

Sowell, Realtors License #331551 Listed on: 09/23/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 65 x 200

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,772 Sq Ft Home
  • Vinyl Flooring

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 5 Units
  • Washi Gton Heights Blk 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013044 00021

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 7
  • Freestanding: Yes
  • Estimated Sq Ft: 3772
  • Year Built: 1968
  • Construction: Brick/Veneer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Gravel

Utilities

  • Hot Water: Electrical
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 3 & PT 4
  • Acreage: 0.29
  • Lot Size: 65 X 200
  • Geo Subdivision: TN

Rental Info

  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 013044 00021

Multi Family

  • Total Number Of Units: 5
  • Number2 Bedroom Units: 5
  • Type of Unit: 2 BR - 1 Bath

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Price Changed $312,895 -0.3% $83 / Sq Ft
09/23/2025 09/23/25 For Sale $313,895 +23.1% $83 / Sq Ft
02/11/2022 02/11/22 Sold $255,000 +2.0% $68 / Sq Ft View Prior Sale
01/18/2022 01/18/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $250,000 +150.0% $66 / Sq Ft
10/01/2019 10/01/19 Sold $100,000 -4.8% $27 / Sq Ft View Prior Sale
09/27/2019 09/27/19 Pending -- -- --
07/03/2019 07/03/19 Price Changed $105,000 -1.9% $28 / Sq Ft
05/28/2019 05/28/19 For Sale $107,000 +137.8% $28 / Sq Ft
12/18/2018 12/18/18 Sold $45,000 -15.1% -- View Prior Sale
12/01/2018 12/01/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $53,000 -- --
Source: Memphis Area Association of REALTORS®

Source: Memphis Area Association of REALTORS®

MLS Number: 10206314

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38126 South Memphis

1025 S Wellington St, Memphis, TN

For Sale

MultiFamily

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Joshua Cooper
Listing Agent
Joshua Cooper
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Sowell, Realtors
(901) 668-5628