About This Home

This 0-bedroom, 0-bathroom multi-family at 957 WELLINGTON St in Memphis, TN is listed for $574,500 ($136 per sqft). Built in 1965, the home offers 4,212 sqft of living space on a N/A lot.

Key Features

  • Built in 1965

Property Details

1965
Listing Description

Income, upside and seller flexibility minutes from Downtown Memphis. This 6-unit features all 2-bedroom units with scheduled rents of $5,400 per month. The seller is currently turning over the tenant base, giving an incoming investor the opportunity to establish a stronger tenant profile, improve operations and position the asset for increased cash flow. To make the transition even more attractive, the seller is open to providing a short term credit for any vacant unit.

Monthly Cost Estimate

$3,073/mo

20% down · 6.5% · 30 years

Principal$415
Interest$2,490
Insurance$168

Estimates only. Actual payments may vary.

Location

957 WELLINGTON St

Memphis, TN 38126

GRAHAM

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 957 WELLINGTON St is listed at $574,500 ($136/sqft). The estimated monthly payment is $3,073 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965.

This property is listed by Jeffrey Moore.

JM

Jeffrey Moore

Agent at Crye Leike, Inc.

Listed by Crye Leike, Inc. · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10231568· Source: Memphis Area Association of Realtors®· 28 days on PropertySimple

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.

957 WELLINGTON St, Memphis, TN 38126

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