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511 CAMBRIDGE AVE Memphis, TN $ 59,900
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511 CAMBRIDGE AVE
$ 59,900
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511 CAMBRIDGE AVE

Memphis, TN, 38106
$ 59,900
Bedrooms3 Baths2.0 Sq 1,050

Monthly Estimate*

$ 378

511 CAMBRIDGE AVE, Memphis, TN 38106 - Image 1

Single Family Home for sale in Memphis, TN

for $59,900 with 3 bedrooms and 2 full baths. This 1,050 square foot home was built in 2007.

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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Single Family Active

Price

$ 59,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 747

Style

Traditional

Year Built

2007

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10230871
Features
General
Heating Central
Cooling Central
Roof Composition Shingles
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name Tindall
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747. South Memphis/61 Hwy
Parcel Number 025052 00005
Sale/Rent For Sale
Status Detail 0
Year Built 2007
Directions From Downtown Memphis take S Main St south then turn left onto E McLemore Ave. Turn right onto S Lauderdale St then left onto E Trigg Ave. Turn right onto Cambridge Ave and continue to 511 Cambridge
City Memphis
DOM 9
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Interior
Dining Room 0
Living Room Separate Living Room
Beds 3
Total Baths 2
Number of Rooms 4
Downstairs Bedrooms 3
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Exterior
Foundation Slab
Pool None
Lot Size 36X140
Lot Description Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$440
Per Month
86%
14%
0%
Monthly Principal & Interest
$378
Monthly Property Taxes
$62
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
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Pricing History
DatePricePrice ChangeDescription
9/22/2026$59,900 Listed Price

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511 CAMBRIDGE AVE, Memphis, TN, 38106 is a Single Family Home for sale at $59,900 with 1,050 sqft. 511 CAMBRIDGE AVE has 3 bedrooms, 2.0 baths, and was built in 2007. The property's zip code is 38106 which is in Memphis, TN

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