1825 Castalia St

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Description

New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market. Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4,524 (meeting the 1% rule). Each unit includes air conditioning (Central AC or PTAC units). The property is conveniently located near major distribution centers and directly...New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market. Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4,524 (meeting the 1% rule). Each unit includes air conditioning (Central AC or PTAC units). The property is conveniently located near major distribution centers and directly across from the Kellogg’s facility, with easy access to major employment hubs. It is also approximately 15 minutes from Memphis International Airport, providing strong rental demand potential. The owner prefers traditional financing but will consider creative financing options. Don’t miss this investment opportunity!
  1. Listed by Vivian Denogean • Fast Track Realty, LLC

Property Details for 1825 Castalia Street

Area
748E
MAAR Subdivision Name
KELTALIA
Legal Subdivision Name
KELTALIA
LISTING UPDATED: 04/21/2026 04:00 PM

Property Details for 1825 Castalia Street

StatusActive
MLS #10217470
Days on Market37
Taxes$3,954 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1958
Lot Size0.26 AC / 11,250 SF
CountyShelby County

Location

Listing Courtesy of Fast Track Realty, LLC
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Building Information for 1825 Castalia Street

Stories-Residences7Year Built1958Building Size-Lot Size0.26 AC / 11,250 SF

Payment Calculator

$2,595 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,266

Property Taxes

$330

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1825 Castalia Street

Summary
Location and General Information
  • Address: 1825 CASTALIA ST
  • Address Search Number: 1825
  • Directions: Follow I-40 W and I-240 W to Airways Blvd. Take exit 23A from I-240 W Continue on Airways Blvd. Drive to Castalia St
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 03-24-2026
  • Geo Zoom Level: 16.00
  • Map Coordinate: E
  • MLS Map Num: South Memphis/Glenview
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 03-23-2026
Property
Lot Information
  • Lot Size: 50X225
  • Lot Num: N PT 1
  • Parcel ID: 060106 00015
Property and Assessments
  • Foundation: Other (See Remarks)
  • Service Type: Entry Only Listing
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Floors/Ceilings: Other (See Remarks)
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 7
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Brick
  • Cooling Systems: Other (See Remarks)
  • Existing Financing: Other (See REMARKS)
  • Heating Systems: Other (See Remarks)
  • Laundry: Washer in Unit
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Concrete
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Source Of Info: Current Records
  • Tenant Pays: Other (Call LA)
  • Type Units: 1 BR - 1 Bath

Property History for 1825 Castalia Street

DateEvent & SourcePriceAppreciation
Mar 23, 2026

Listed (Active)

MAARMLS #10217470

$449,999—
Apr 5, 2024

Sold (Public Record)

Public Record #1530569944

$300,000

+91.0% / yr

Jan 26, 2024

Sold (Public Record)

Public Record #1526558180

$265,000

+41.1% / yr

DateEvent & SourcePrice
03/23/2026

Listed (Active)

MAARMLS #10217470

$449,999
04/05/2024

Sold (Public Record)

Public Record #1530569944

$300,000

+91.0% / yr

01/26/2024

Sold (Public Record)

Public Record #1526558180

$265,000

+41.1% / yr

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

Public Records for 1825 Castalia Street

Taxable ValueLand$7,160Additions$67,840Total$75,000
Tax Record2024$4,939 ($412 / month)
Home Facts
Baths1Total Finished SqFt3,402 SqFtAbove Grade Finished SqFt3,402 SqFtStories1Lot Size11,238 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningRU-3CountySHELBYAPN060-106- - -00015Fireplace TypeHas Fireplace

Schools near 1825 Castalia Street

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

Hamilton School
PublicPK to 8

Hamilton High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 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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1825 Castalia Street is a multi-family home for sale in Memphis, TN 38114. This property was listed for sale on March 23, 2026 by Fast Track Realty, LLC, it's currently listed at $449,999. It has been on the market for a total of 37 days and was last sold on April 5, 2024. This listing's school district is Shelby County Schools. Nearby schools include Alcy Elementary School, Hamilton School and Hamilton High School. 1825 Castalia Street is a 0-bed, 0-bath, multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 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 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 and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.