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
780
56

Likely to sell faster than

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