Memphis, TN 38115,2771 SONORA DR #1
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$ 75,000
Est. payment | /mo

2 Beds

2 Baths

999 SqFt


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$ 75,000
Est. payment | /mo
Save

2 Beds

2 Baths

999 SqFt

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)

Listed by Jonathan Nunez • Fast Track Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2771 SONORA DR #1