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$52,000

318 Cambridge Ave Memphis, TN 38106

3 beds
1 full
0.10 acres
House

Property details

About 318 Cambridge Ave

Recently renovated 3-bedroom, 1-bath home located near downtown Memphis. Features include new flooring, fresh interior paint, upgraded electric panel, electric tankless water heater, and central gas heat. Kitchen includes new cabinets and washer/dryer hookups. Property has one walk-in closet. Plumbing fully upgraded to PEX. New 4-inch sewer line installed from house to road. Tenant-occupied; generating rental income. No showings allowed without accepted offer. Do not disturb tenants

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
Lot size0.1 Acres
Year built1920
ParkingDriveway/Pad,Street Parking Only
MLS #10200875

Summary

  • Full Bathrooms: 1
  • Flooring Type: Wood Laminate Floors
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad,Street Parking Only
  • Exterior: Porch
  • Architectural Style: Other (See Remarks)
  • Heating: Central, Natural Gas
  • Cooling: None
  • List Price: $52,000
  • Annual Tax Amount: $322
  • Tax Year: 2024
  • Lot: Few Trees, Level
  • Directions: From crump blvd turn south on Wellington St, turn west on Cambridge ave. house will be on the right.
  • Year Built: 1920
  • Stories: 1
  • Lot Size: 0.1 Acres
  • MLS Number: 10200875
  • Office Name: KAIZEN Realty, LLC

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 02, 2023
Home Sold
$15,000

Tax history

YearAssessmentProperty Tax
2024$5,300$322
2023$5,300$322
2022$5,300$326
2021$5,300$326
2020$5,375$389
2019$5,375$389
2018$5,375$220
2017$5,375$228

History based on county public records data.

Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

0.2 mi

345 E Olive Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

0.9 mi

90 W Olive Ave

5

Circles of Success Learning Academy

Public Charter KG-5

1.1 mi

867 S Parkway E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $14,072. Residents of Memphis, TN typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

82%
<35k
18%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

59%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
18%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 318 Cambridge Ave

The listing price of 318 Cambridge Ave property is $52,000.

The property 318 Cambridge Ave is a house located in Memphis, Tennessee, 38106.

Active Listing: 318 Cambridge Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 318 Cambridge Ave are: A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), Riverview School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10), Soulsville Charter School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $322 (source: MLS/based on county public records data).

The last sale was on May 2, 2023 for $15,000 (source: MLS/tax record).

The property at 318 Cambridge Ave has 3 bedrooms and 1 bathroom.

The year of construction for 318 Cambridge Ave is 1920.

This home is located at 318 Cambridge Ave in Memphis, TN and zip code 38106 in the South Memphis neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $52,000.

While more than 73 listings in Memphis, TN in June 2025 were sold above asking price, there were more than 107 listings sold at asking price, and more than 219 were sold below. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.

From Rocket Homes Real Estate and based on county public records data.

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