511 CAMBRIDGE AVE, Memphis, TN 38106
Local realty services provided by:CENTURY 21 Home First Realtors
511 CAMBRIDGE AVE,Memphis, TN 38106
$59,900
- 3 Beds
- 2 Baths
- - sq. ft.
- Single family
- Active
Listed by: caleb parr
Office: renshaw company, realtors
MLS#:10230871
Source:TN_MAAR
Price summary
- Price:$59,900
About this home
Solid brick single-family home built in 2007, offered as a turnkey investment property in a stable Memphis rental pocket. This 3 bedroom, 2 bath home is currently tenant-occupied with a paying tenant in place at $650/month, delivering immediate cash flow from day one — no vacancy period, no lease-up risk. Ideal for the buy-and-hold investor looking to add a stabilized asset to their portfolio without interruption to rental income. Lease is m2m Newer (2007) brick construction keeps maintenance and insurance costs favorable long-term compared to older SFR stock. Tenant is current and in place; property will not be shown until an offer is accepted — sale is subject to the existing lease, and the tenant will remain in place at closing. Serious, qualified investment buyers only. No creative financing
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Home facts
- Year built:2007
- Subdivision & Development:Tindall
- Listing ID #:10230871
- Added:10 day(s) ago
- Updated:October 03, 2026 at 11:35 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:4
- Bathrooms Description:All Bedrooms Down
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition Shingles
- Year built:2007
- Lot Features:Level
- Architectural Style:Traditional
- Construction Materials:Brick Veneer
- Foundation Description:Slab
- Levels:1 Story
Finances and disclosures
- Price:$59,900
- Tax amount:$747
Parking
- Parking description:Driveway/Pad
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