# 511 CAMBRIDGE Ave, Memphis, TN 38106

> **TL;DR:** 3bd/2ba single family, $59,900 ($57/sqft), built 2007, 1,050 sqft.
> A/C. Est. $320/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $59,900 |
| Price/sqft | $57 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,050 |
| Year Built | 2007 |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $303 |
| Estimated Insurance | $17 |
| **Total** | **$320** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2007

## Description

### Agent 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

## Location

- **Address:** 511 CAMBRIDGE Ave, Memphis, TN 38106
- **County:** Shelby
- **Neighborhood:** Tindall
- **Coordinates:** 35.112925, -90.045298
- **Google Maps:** https://www.google.com/maps?q=35.112925,-90.045298

## Listing Agent

- **Name:** Caleb Parr
- **Brokerage:** The Renshaw Company, REALTORS
- **Phone:** 9014840478
- **Broker Phone:** 901-756-5127
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/511-Cambridge-Ave_Memphis_TN_38106_M84437-55559?f=listhub&s=MAARTN&m=10230871&c=propsimple)

## Photos

![511 CAMBRIDGE Ave - Photo 1](http://lh.rdcpix.com/80df585b8c3ac490c5d931035ed9f8c5l-f3254937652r.jpg)

---

**MLS#:** 10230871 | **Updated:** 2026-09-22
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/511-cambridge-ave-memphis-tn-38106-10230871)

---

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