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957 WELLINGTON AVE Memphis, TN $ 589,000
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957 WELLINGTON AVE
$ 589,000
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957 WELLINGTON AVE

Memphis, TN, 38126
$ 589,000
Bedrooms12 Baths6.0 Sq 4,212

Monthly Estimate*

$ 3,627

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Multi-Family Home for sale in Memphis, TN

for $589,000 with 12 bedrooms and 6 full baths. This 4,212 square foot home was built in 1965.

This fully renovated 6-unit multifamily property is located just minutes south of Downtown Memphis. Each unit is a spacious 2-bedroom, appealing to a strong and stable tenant base. Recent upgrades include a new roof, electrical, plumbing, windows, and flooring. The property generates $5,400 in scheduled monthly rental income. A turnkey asset offering immediate cash flow with upside in a growing submarket.

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Multi-Family Active

Price

$ 589,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,740

Style

Apartment Building

Year Built

1965

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10219672
Features
General
Roof Shingle/Shake
Construction Brick/Veneer
Status Active Active
Legal Subdivision Name GRAHAM
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Apartment Building
Area 745E South Bluffs/Downtown
Parcel Number 013043 00014
Sale/Rent For Sale
Status Detail 0
Year Built 1965
Directions Take Crump (W) past Mississippi to Wellington (Danny Thomas is same street going north) Go (S) on Wellington to. 957 S. Wellington.
City Memphis
DOM 2
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Exterior
Foundation Slab
Lot S PT 12
Number of Buildings 1
Lot Size 61 X 167
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Electrical
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* Excluded Features
List By
Crye-Leike Commercial

Broker

Affordability Calculator

$4,272
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,627
Monthly Property Taxes
$645
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/20/2026$589,000 Listed Price

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957 WELLINGTON AVE, Memphis, TN, 38126 is a Multi-Family Home for sale at $589,000 with 4,212 sqft. 957 WELLINGTON AVE has 12 bedrooms, 6.0 baths, and was built in 1965. The property's zip code is 38126 which is in Memphis, TN

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