Sold
Last Sold Price
10,000 sqft
1645 Wells Station Rd, Unit 111, Memphis, TN 38108
Multi FamilyProperty Type
1.08 acresLot Size
1979Year Built
$27/sq ftPrice per sq ft

Description

100% Occupied! Annual income of $63,000! Great investment opportunity! This 11 unit has been renovated with New Roof, HVAC & Electrical! Bring all offers! Contact jessica.buff@gmail.com for details.100% Occupied! Annual income of $63,000! Great investment opportunity! This 11 unit has been renovated with New Roof, HVAC & Electrical! Bring all offers! Contact jessica.buff@gmail.com for details.
  • Listed by: Jessica Buffington • Fast Track Realty, LLC
Listing closed: 07/03/2013 12:00 AM • Source: MAARMLS, MLS#: 3262224

Recent comparable sales

Median sold price

$300,000

Avg days on market

68

Sale-to-list ratio

95.7%

Memphis, TN

9 comparable properties found

1

$200,000

Sold 09/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
11,652
Square Feet
0.73
Acres
2

$185,000

Sold 09/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
9,625
Square Feet
0.91
Acres
3

$220,000

Sold 11/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.41
Acres
4

$645,000

Sold 11/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
10,500
Square Feet
0.51
Acres
5

$300,000

Sold 08/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,530
Square Feet
0.38
Acres
$550,000 | 4010 Summer Avenue, Memphis, TN 38122
1/18
6

$550,000

Sold 08/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
5,488
Square Feet
0.33
Acres
7

$350,000

Sold 09/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
7,800
Square Feet
0.67
Acres
8

$208,771

Sold 07/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,728
Square Feet
0.84
Acres
9

$525,000

Sold 12/03/24

Unavailable
Bedrooms
Unavailable
Bathrooms
8,300
Square Feet
0.95
Acres

Location

Listing Courtesy of Fast Track Realty, LLC

Sold By RE/MAX On Track

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Payment Calculator

$2,083 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,395

Property Taxes

$688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1645 Wells Station Road, Unit 111

Property Details
  • Taxes: $8,254 / year
  • MLS Type: Multi-Family / Apartment Building
  • Area: 752B
  • MAAR Subdivision Name: WELLS-REED
  • Legal Subdivision Name: WELLS-REED RE S/D
Building Information
  • Stories: 1
  • Residences: 11
  • Year Built: 1979
  • Lot Size: 1.08 AC / 47,044 SF
Summary
Location and General Information
  • Address: 1645 WELLS STATION ROAD
  • Address Search Number: 1645
  • Directions: EAST ON WELLS STATION FROM MACON.
  • Map Coordinate: B
  • MLS Map Num: Kingsbury
Taxes and HOA Information
  • Hot Water: Gas
Property
Lot Information
  • Lot Size: 1.08
  • Lot Num: 2
  • Parcel ID: 053074 00010
Property and Assessments
  • Foundation: Slab
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 11
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: No Assumption
  • Construction: Brick
  • Cooling Systems: Central, 220 Wiring, Other (See Remarks)
  • Existing Financing: Other (See REMARKS)
  • Heating Systems: Central, Gas, Wall Heat
  • Laundry: Connections
  • Operating Expenses: Insurance, Repairs/Maintenance, Pest Control, Other (Call LA)
  • Parking Facility: More Than 1 Per Unit
  • Possession: At Closing
  • Sale Includes: Building and Land, All Furnishings
  • Source Of Info: Leases, Rent Roll
  • Tenant Pays: All Utilities, Other (Call LA)
  • Type Units: 2 BR - 1 Bath

Property History for 1645 Wells Station Road, Unit 111

DateEvent & SourcePriceAppreciation
Jul 3, 2013

Sold

MAARMLS #3262224

$270,000
May 24, 2013

Contract Signed

MAARMLS #3262224

Jan 2, 2013

Listed (Active)

MAARMLS #3262224

$299,900
DateEvent & SourcePrice
07/03/2013

Sold

MAARMLS #3262224

$270,000
05/24/2013

Contract Signed

MAARMLS #3262224

01/02/2013

Listed (Active)

MAARMLS #3262224

$299,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1645 Wells Station Road, Unit 111

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Wells Station Elementary School
PublicPK to 5

Kingsbury Middle School
Public6 to 8

Kingsbury High School
Public9 to 12

City University School of Independence
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1645 Wells Station Road, Unit 111, Memphis, TN 38108
$270,000
10,000
47,044
$535,000
2
6,810
47,045
$315,000
1,830
17,119
2
1
1,040
7,710
$110,000
3
2
1,403
13,228
$15,000
2
1
1,265
6,839

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fast Track Realty, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.