For sale

$589,000

957 Wellington Ave, Memphis, TN 38126

--beds

--baths

4,212sqft

$3,899/mo

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Multi Family

Built in 1965

-- sqft lot

$554,700 Zestimate^®

$140/sqft

$-- HOA

What's special

New roof

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.

94 days

49

4

Facts & features

Interior

Heating

Wall Furnace

Cooling

1 Window Unit per Unit

Appliances

Included: Electric Water Heater
Laundry: Connections

Features

Flooring: Vinyl

Interior area

Total structure area: 4,212
Total interior livable area: 4,212 sqft

Property

Parking

Parking features: Asphalt/Blacktop

Features

Stories: 2

Lot

Size: 10,187 Square Feet
Dimensions: 61 x 167

Details

Parcel number: 013043 00014

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Veneer
Foundation: Slab
Roof: Shingle/Shake

Condition

Year built: 1965

Community & HOA

Community

Subdivision: Graham

Location

Region: Memphis

Financial & listing details

Price per square foot: $140/sqft
Annual tax amount: $7,740
Date on market: 4/20/2026
Listing terms: Conventional
Lease term: None
Total actual rent: 64800
Tenant pays: Some Utilities

Jeffrey B Moore

(901) 277-0477

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Estimated market value

$554,700

$527,000 - $582,000

$816/mo

Price history

Date	Event	Price
4/20/2026	Listed for sale	$589,000$140/sqft
Source: MAAR #10219672 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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