2771 SONORA DR #1 new Save Request In-Person Tour Request Virtual Tour
Memphis,TN 38115
Key Details
Property Type Townhouse
Sub Type Attached Single Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 800-999
Square Footage 999 sqft
Price per Sqft $75
Subdivision The Hamlets
MLS Listing ID 10199803
Style Traditional
Bedrooms 2
Full Baths 2
Year Built 1973
Annual Tax Amount $672
Lot Size 8,712 Sqft
Property Sub-Type Attached Single Family
Property Description
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.
Location
State TN
County Shelby
Area Fox Meadows
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Other (See Remarks)
Interior
Heating Central
Cooling Central
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Parking Features Other (See REMARKS)
Pool None
Building
Story 1
Others
Miscellaneous Other (See REMARKS)