
3766 Cambridge Station Dr Memphis, TN 38115
Parkway Village NeighborhoodEstimated payment $431/month
Total Views
1,506
2
Beds
1.5
Baths
1,000-1,199
Sq Ft
$63
Price per Sq Ft
About This Home
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 1–4 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 Details
Home Type
- Condominium
Est. Annual Taxes
- $251
Year Built
- Built in 1973
Home Design
- Traditional Architecture
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 982 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Utilities
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- $190 Maintenance Fee
- Cambridge Station Subdivision
Listing and Financial Details
- Assessor Parcel Number 093418 B00048
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
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 | $251 | $13,400 | $1,600 | $11,800 |
2024 | $157 | $7,400 | $1,600 | $5,800 |
2023 | $282 | $4,625 | $1,000 | $3,625 |
2022 | $282 | $4,625 | $1,000 | $3,625 |
2021 | $335 | $4,625 | $1,000 | $3,625 |
2020 | $223 | $3,075 | $1,000 | $2,075 |
2019 | $98 | $3,075 | $1,000 | $2,075 |
2018 | $98 | $3,075 | $1,000 | $2,075 |
2017 | $101 | $3,075 | $1,000 | $2,075 |
2016 | $175 | $4,000 | $0 | $0 |
2014 | $175 | $4,000 | $0 | $0 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/24/2025 06/24/25 | For Sale | $75,000 | -- | $75 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $150,000 | Saddle Creek Title Llc | |
Warranty Deed | $15,000 | None Available | |
Trustee Deed | $12,159 | None Available | |
Warranty Deed | $40,000 | Stewart Title Company |
Source: Public Records
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $698,000 | New Conventional | |
Closed | $193,000 | Commercial | |
Previous Owner | $39,500 | FHA | |
Closed | $2,870 | No Value Available |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10199732

APN: 09-3418-B0-0048
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