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For sale
  • $75,000

    2827 Sonora Dr APT 3, Memphis, TN 38115

    2beds
    --sqft
    : 
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    38 days
    on Zillow
    |
    43
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 07:33pm

    Listed by:

    Jonathan Nunez,

    Fast Track Realty, LLC 901-767-8770

    Source: MAAR,MLS#: 10199875MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2827 Sonora Dr APT 3.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Dimensions: 0 x 0
    Dining room
    • Dimensions: 0 x 0
    Living room
    • Dimensions: 0 x 0
    Den
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Has fireplace: No
    Interior area
    • Living area range: 800-999 Square Feet

    Property

    Parking
    • Parking features: Parking Lot, Other (See REMARKS)
    Features
    • Stories: 1
    • Exterior features: Other (See REMARKS)
    • Pool features: None
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 0.2
    Details
    • Parcel number: 074090 A00205

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1974

    Community & HOA

    Community
    • Features: Other (See REMARKS)
    • Subdivision: The Hamlets
    Location
    • Region: Memphis

    Financial & listing details

    • Tax assessed value: $25,500
    • Annual tax amount: $672
    • Price range: $75K - $75K
    • Date on market: 6/26/2025
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