For Sale
Single family home for sale at 511 Cambridge Ave, Memphis, TN 38106 | MLS# 10230871 | Listing updated on 2026-09-22
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$59,900

Monthly Est:$298

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,050sqft

511 Cambridge Ave, Memphis, TN 38106

$298/moEst:

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  • Single Family Residence

  • Built in 2007

  • $-- HOA

  • -- sqft lot

  • $57/sq.ft

Description

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

  • Houzeo last checked: 14 minutes ago
  • Listing updated: September 22, 2026 at 1:42 pm
  • Listing Provided by: Caleb Parr (901) 484-0478 | Renshaw Company, REALTORS (901) 820-4367
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10230871 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    --

  • Year Built

    2007

  • HOA Fees

    -

  • Finished Area

    1,050 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10230871

  • MLS Status

    Active

  • Days on Market

    39

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Interior Features

    Separate Living Room, All Bedrooms Down

  • Flooring

    Other (see Remarks)

  • Heating

    Central

  • Exterior Features

    Wrought Iron Security Drs

  • Cooling

    Central

Construction

  • Year Built

    Year Built: 2007

  • Home type

    Single Family Residence

  • Foundation Details

    Slab

  • Construction Materials

    Brick Veneer

  • Architectural Style

    Traditional

  • Roof

    Composition Shingles

Utilities & Energy

  • Pool Features

    None

  • Parking Features

    Driveway/pad

Other Features

  • Lot Features

    Level

  • Subdivision Name

    Tindall

Price History

DateEventPrice

09/22/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10230871

Listed for Sale

$59,900

$57/sqft

Getting Around 511 Cambridge Ave

Bike Score®

Bike Score

Bikeable

52/100

Walk Score®

Walk Score

Somewhat Walkable

52/100

Transit Score®

Transit Score

Some Transit

30/100

Data provided by Redfin

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 01, 2026, 02:30AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

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Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

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