$40,000

Estimated payment $233/month

Total Views 15,204
2 Beds
2 Baths
960 Sq Ft
$42 Price per Sq Ft

Highlights

  • Very Popular Property
  • Gated Parking
  • Updated Kitchen
  • Pool House
  • Gated Community
  • Clubhouse

About This Home

Being sold AS-IS. Turnkey and ready to go, this beautiful 2-bedroom, 2-bath condo in The Hamlets is an excellent opportunity for both investors and owner-occupants. Featuring new appliances, including a new oven and refrigerator, this low-maintenance unit is move-in ready from day one. Investors will appreciate the strong rental potential of approximately $850 per month, easily exceeding the 1% rule, while buyers looking to own an affordable home free and clear will love the value this property offers. 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!!

Listing Agent

Jordan Ray

eXp Realty, LLC License #375004 Listed on: 07/15/2026

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft
  • Storage Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Gated Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Pool House
  • Enclosed Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Additional Features

  • Landscaped
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 074090 A00203

Community Details

Overview

  • Property has a Home Owners Association
  • $240 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • The Hamlet's Hoa Community
  • The Hamlets Subdivision
  • Property managed by The Hamlet's HOA

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

2,570 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Upstairs - Flat
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HAMLETS (THE)
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 960
  • Year Built: 1973
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedroom 2 Description: Vinyl/Luxury Vinyl Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Disposal, Refrigerator, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
  • Misc Interior: Cat/Dog Free House, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Closet, Entry Hall, Loft/Balcony, Storage Room
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Vinyl/Luxury Vinyl Floor

Exterior Features

  • Misc Exterior: Pool House, Tennis Court, On-Site Storage, Balcony, Enclosed Balcony, Well Landscaped Grounds, Storage, Sidewalks
  • Exterior Windows: Vinyl Siding
  • Pool Description: Neighborhood

Garage/Parking

  • Parking Storage: Gated Parking, Parking Lot, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Clubhouse, On-Site Storage
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: The Hamlet's HOA
  • Management Company: The Hamlet's HOA
  • Neighborhood Amenities: Club House, Gated Neighborhood, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 240

Lot Info

  • Lot Number: UNIT117U
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 074090 A00203

3D Interior and Exterior Tours

Floorplan

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $250 $9,275 $950 $8,325
2024 -- $6,375 $950 $5,425
2023 $388 $6,375 $950 $5,425
2022 $388 $6,375 $950 $5,425
2021 $393 $6,375 $950 $5,425
2020 $344 $4,750 $950 $3,800
2019 $344 $4,750 $950 $3,800
2018 $344 $4,750 $950 $3,800
2017 $195 $4,750 $950 $3,800
2016 $353 $8,075 $0 $0
2014 $353 $8,075 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2026 07/28/26 For Sale $40,000 0.0% $42 / Sq Ft
07/22/2026 07/22/26 Pending -- -- --
07/15/2026 07/15/26 For Sale $40,000 -- $42 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $29,000 Southern Trust Title Company
Warranty Deed $23,409 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $20,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Jordan Ray

eXp Realty, LLC

(901) 699-4382

Section Image

Jordan Ray is an eXp 3X ICON Agent and a proud member of the MAAR Multi-Million Dollar Club, recognized for his expertise as a top-producing listing agent, working extensively with investors and VA home buyers. As a REALTOR® with eXp Realty, Jordan brings a results-driven approach to selling properties, utilizing proven listing strategies that consistently yield top-dollar sales and reduced time on the market. His deep understanding of market trends, targeted marketing, and aggressive

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Source: Memphis Area Association of REALTORS®

MLS Number: 10226213

Memphis Area Association of REALTORS®

APN: 07-4090-A0-0203

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