For Sale

$75,000

3766 Cambridge Station Dr Unit 3766, Memphis, TN 38115

2Beds
2Baths
-SqFt

2Beds
2Baths
-SqFt

Property Type
Condo
Year Built
1973
HOA Fees
$190/mo
On highrises
8 Days

Property Details

Incredible opportunity to acquire a 20-door rental portfolio in Memphis generating $19, 780 in monthly gross income. Nineteen of the twenty units are currently occupied, with the majority of tenants on Section 8, providing consistent and reliable cash flow. All properties have been renovated within the past 14 years and are being sold as turnkey investments. Strong rental history across the portfolio with room to increase rents, offering additional upside for investors. Ideal for those seeking stable, income-producing assets in a growing market.

Property Features

Bedrooms

Bedrooms: 2

Other Rooms

Total Rooms: 4

Bathrooms

Total Bathrooms: 1 / 1
Full Bathrooms: 1
1/2 Bathrooms: 1

Heating and Cooling

Cooling Features: Central
Heating Features: Central

Interior Features

Interior Amenities: Heated SqFt Range: 1000-1199

Land Info

Lot Size Acres: 0.01
Lot Size Dimensions: .01
Lot Size Square Feet: 436

Homeowners Association

Association: Yes
Association Amenities: Condominium Association
Association Fee: 190
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 190

Other Property Info

Annual Tax Amount: 251
Source Listing Status: Active
County: Shelby
Directions: Take Exit 17 and S Mendenhall Rd to Cambridge Station Dr 10 min (5.7 mi). Turn right onto Cambridge Station Dr. Destination will be on the right
Source Property Type: Residential
Area: Hickory Hill/H.R. Mall
Property Subtype: condo
Source Neighborhood: CAMBRIDGE STATION
Parcel Number: 093418 B00048
Subdivision: CAMBRIDGE STATION
Property Subtype: Attached Single Family
Source System Name: C2C

Building and Construction

Year Built: 1973
Property Age: 52
Levels or Stories: 2
House Style: Traditional
Year Built Details: Existing Property
SqFt Maximum: 1199
SqFt Minimum: 1000

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
06/24/2025	Listed	$75,000	-	Memphis
11/22/2021	Sold	$150,000	$142	Public Record
09/22/2011	Listing removed	$8,500	-	Memphis
08/17/2011	Listed	$8,500	-	Memphis
07/27/2000	Sold	$40,000	$38	Public Record
01/01/1993	Sold	$44,162	$42	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$487	$1,600	+	$5,800	=	$7,400
2023	$281	$1,000	+	$3,625	=	$4,625
2022	$281	$1,000	+	$3,625	=	$4,625
2021	$285	$1,000	+	$3,625	=	$4,625
2020	$222	$1,000	+	$2,075	=	$3,075
2019	$222	$1,000	+	$2,075	=	$3,075
2018	$222	$1,000	+	$2,075	=	$3,075

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
2827 Sonora Dr Apt 3	$75K	2	2	N/A	8712
2835 Sonora Dr Unit 2	$75K	2	2	N/A	8712
2831 Sonora Dr Unit 115	$75K	1	1	N/A	8712
2825 Sonora Dr Apt 1	$75K	2	2	N/A	8712
2829 Sonora Dr Unit 116	$75K	2	2	N/A	8712
2782 Mojave Pl Apt 1	$75K	2	2	N/A	8712

Presented by:
Jonathan Nunez
state license#349008

This listing is presented by FAST TRACK REALTY

Broker Location:

MEMPHIS

Data Source:

Memphis

Source's Property ID:

10199732

Data Source Copyright:

$75,000

3766 Cambridge Station Dr Unit 3766, Memphis, TN 38115