5655 ENCINO CV Memphis, TN $ 40,000
5655 ENCINO CV
$ 40,000
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5655 ENCINO CV

Memphis, TN, 38115
$ 40,000
Bedrooms2 Baths2.0 Sq 960

Monthly Estimate*

$ 253

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Condo for sale in Memphis, TN

for $40,000 with 2 bedrooms and 2 full baths. This 960 square foot condo was built in 1973 on a lot size of 0.2.

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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Condo Active

Price

$ 40,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 489

Style

Traditional

Lot Size

0.2

Year Built

1973

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10226196

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 2
Half Baths 0
Other Rooms Laundry Closet Entry Hall Loft/Balcony Storage Room Other (See Remarks)
Legal Subdivision Name THE HAMLETS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 784B Fox Meadows
Unit Number 1
Parcel Number 074090 A00076
Sale/Rent For Sale
Status Detail 0
Neighborhood Amenities Club House Gated Neighborhood Other (See Remarks) Pool Tennis Court
Year Built 1973
Directions Turn right onto Stage Hill Rd. Turn right onto N Germantown Rd. Take ramp onto I-40 W toward Memphis. Take the exit onto I-240 W. Take exit 17. Turn left onto Mt Moriah Rd. Turn right onto Clarke Rd.
City Memphis
Virtual Tour https://youtu.be/1chr1K_-fOY?si=MsSczFlyaBS7YjKs
DOM 3
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Interior
Living Room LR/DR Combination Updated/Renovated Kitchen Washer/Dryer Connections Other (See Remarks) Vinyl/Luxury Vinyl Floor
Beds 2
Total Baths 2
Number of Rooms 5
Downstairs Bedrooms 2
Condo Amenities Tennis Court(s) Clubhouse On-Site Storage Other (See REMARKS)
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Exterior
Pool Neighborhood
Lot UNIT 49D
Lot Size Area 0.2
Water & Sewer Other (See REMARKS) Public Sewer Public Water
Lot Size 0
Misc. Exterior Pool House Tennis Court On-Site Storage Balcony Enclosed Balcony Well Landscaped Grounds Storage Sidewalks Other (See REMARKS)
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* Excluded Features
List By
Exp Realty, Llc

Broker

Affordability Calculator

$293
Per Month
86%
14%
0%
Monthly Principal & Interest
$253
Monthly Property Taxes
$41
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$40,000 Listed Price

Map


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5655 ENCINO CV, Memphis, TN, 38115 is a Condo for sale at $40,000 with 960 sqft and a lot size of 0.2. 5655 ENCINO CV has 2 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 38115 which is in Memphis, TN