For sale

$59,900

511 Cambridge Ave, Memphis, TN 38106

3beds

1,050sqft

N/A

Get pre-qualified

Single Family Residence

Built in 2007

5,040 Square Feet Lot

$-- Zestimate^®

$57/sqft

$-- HOA

What's special

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

29 days
777
56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Width: 0

Dining room

Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Has fireplace: No

Interior area

Total interior livable area: 1,050 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 5,040 Square Feet
Dimensions: 36 x 140
Features: Level

Details

Parcel number: 025052 00005

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 2007

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Tindall

Location

Region: Memphis

Financial & listing details

Price per square foot: $57/sqft
Tax assessed value: $56,700
Annual tax amount: $747
Price range: $59.9K - $59.9K
Date on market: 9/22/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,137/mo

Price history

Date	Event	Price
9/22/2026	Listed for sale	$59,900+19.2%$57/sqft
Source: MAAR #10230871 Report a problem
10/21/2022	Sold	$50,251$48/sqft
Source: Public Record Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
11/9/2019	Listing removed	$650$1/sqft
Source: Owner Report a problem
10/25/2019	Listed for rent	$650+9.2%$1/sqft
Source: Owner Report a problem
2/12/2019	Listing removed	$595$1/sqft
Source: Owner Report a problem
1/6/2019	Price change	$595-8.5%$1/sqft
Source: Owner Report a problem
12/18/2018	Listed for rent	$650-8.5%$1/sqft
Source: Owner Report a problem
10/11/2018	Listing removed	$710$1/sqft
Source: Reedy and Company Realtors, LLC Report a problem
9/2/2018	Listed for rent	$710$1/sqft
Source: Reedy and Company Realtors, LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$747 -14.4%	$14,175 +7%
2024	$873 +8.1%	$13,250
2023	$807	$13,250
2022	--	$13,250
2021	--	$13,250 +51.4%
2020	$280	$8,750
2019	$280 -21.1%	$8,750
2018	$354 -45.1%	$8,750
2017	$646 +101%	$8,750 -7.4%
2016	$321 -9%	$9,450
2014	$353	$9,450
2013	--	$9,450 -4.1%
2012	--	$9,850 -11.1%
2011	--	$11,075
2010	--	$11,075
2009	--	$11,075 -10.1%
2008	--	$12,325 +169.4%
2000	--	$4,575