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5655 ENCINO CV #1, Memphis, TN 38115

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
5655 ENCINO CV #1,Memphis, TN 38115
$40,000
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: jordan ray
Office: exp realty, llc.
MLS#:10226196
Source:TN_MAAR

Price summary

  • Price:$40,000
  • Monthly HOA dues:$240

About this home

Investment opportunity with tremendous upside! This condo is available for showings! Property was in the middle of renovations before the seller decided to sell, leaving only a few finishing touches and remaining materials for the next owner. Complete the cleanup, install the microwave, mirror, and shower heads, and this unit could be turnkey and rent-ready for up to $850 per month. A great opportunity for investors looking for a low-cost project with strong rental potential. Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today! VIDEO AVAILABLE UPON REQUEST!!

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Home facts

  • Year built:1973
  • Listing ID #:10226196
  • Added:1 day(s) ago
  • Updated:July 16, 2026 at 03:02 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:5
  • Flooring:Tile
  • Dining Description:Living Room/Dining Room Combo
  • Bathrooms Description:Full Bath Down, Renovated Bathroom
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Updated/Renovated Kitchen

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1973
  • Lot area:0.2 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding
  • Exterior Features:Balcony, Enclosed Balcony, On-Site Storage, Sidewalks, Storage, Well Landscaped Grounds
  • Levels:1 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$40,000
  • Tax amount:$489

Features and amenities

  • Laundry features:Laundry Closet
  • Amenities:Cable Available, Clubhouse, Dead Bolt Lock(s), Iron Door(s), On-Site Storage, Smoke Detector(s), Tennis Court(s), Vent Hood/Exhaust Fan
  • Pool features:Neighborhood, Pool House

Parking

  • Parking description:Gated Parking, Parking Lot, Unassigned Parking
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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