#10199731, Listing office: Fast Track Realty, LLC
$75,000 List price
3766 Cambridge Station Dr Unit 3766 Memphis, TN 38115
2 beds
1 full, 1 partial
0.01 acres
Townhouse
Property details
About 3766 Cambridge Station Dr Unit 3766
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.
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.01 Acres
Year built1973
ParkingOther (See REMARKS)
MLS #10199732
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 2
- Parking: Other (See REMARKS)
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $75,000
- Directions: Take Exit 17 and S Mendenhall Rd to Cambridge Station Dr 10 min (5.7 mi). Turn right onto Cambridge Station Dr. Destination will be on the right
- Year Built: 1973
- Stories: 2
- Lot Size: 0.01 Acres
- MLS Number: 10199732
- Office Name: Fast Track Realty, LLC
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Power Center Academy Elementary School
Public Charter KG-5
0.5 mi
•3540 S Mendenhall Rd
5
Cromwell Elementary School
Public District KG-5
0.6 mi
•4989 Cromwell Ave
6
Newberry Elementary School
Public District PK-5
0.7 mi
•5540 Newberry Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,516. The majority of Memphis, TN residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
37%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
28%
Single, with Kids
18%
Married, No Kids
18%
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
25%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Soccer
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Books-a-Million
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Wingstop
Golden Corral
What do the neighbors drive?
Chevrolet
Toyota
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Adult Hits
Christian Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 3766 Cambridge Station Dr Unit 3766
The listing price of 3766 Cambridge Station Dr Unit 3766 property is $75,000.
The property 3766 Cambridge Station Dr Unit 3766 is a townhouse located in Memphis, Tennessee, 38115.
Active Listing: 3766 Cambridge Station Dr Unit 3766 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3766 Cambridge Station Dr Unit 3766 are: Power Center Academy Elementary School (GreatSchools Rating 5/10), Cromwell Elementary School (GreatSchools Rating 5/10), Newberry Elementary School (GreatSchools Rating 6/10), Power Center Academy Middle School (GreatSchools Rating 4/10), Compass Community School Hickory Hill Campus (GreatSchools Rating 5/10), Wooddale Middle School (ASD) (GreatSchools Rating 3/10), Power Center Academy High School (GreatSchools Rating 3/10), Memphis School of Excellence (GreatSchools Rating 4/10), Wooddale High School (GreatSchools Rating 2/10).
The property at 3766 Cambridge Station Dr Unit 3766 has 2 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 3766 Cambridge Station Dr Unit 3766 is 1973.
This home is located at 3766 Cambridge Station Dr Unit 3766 in Memphis, TN and zip code 38115. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $75,000.
In June 2025, from all listings sold in Memphis, TN there were more than 73 sold above asking price, over 219 sold below and more than 107 were sold right at the asked price. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. 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.