Attention investors! Check out this cash flowing investment opportunity. This first floor condo is already occupied and cash flowing for $650/Month. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection. Property is conveniently located near interstate access and restaurants.
CondoProperty Type
1973Year Built
8,712 sq ftLot Size
Listed by Stephanie Evans Taylor• Sowell, Realtors
Memphis Area Association of Realtors(R) MLS #10147504
Jun 26, 2023
Sold
$35,000
May 7, 2023
Listed
$42,000
REALTRACS as Distributed by MLS Grid #3023710
Aug 31, 2021
Sold
$30,000
Investors here is a one bedroom one bath unit that is ready for a new owner. This unit is tenant occupied and is currently bringing in $500 monthly rent. This is the perfect starter investment property or If you are a Renter and want to convert to home owner this one works good for some who wants a small monthly mortgage, or just want to pay cash to get out of the rent game. Please contact your real-estate professional today for more information.
Memphis Area Association of Realtors(R) MLS #10105789
Aug 31, 2021
Sold
$30,000
Aug 5, 2021
Listed
$28,000
Investors here is a one bedroom one bath unit that is ready for a new owner. This unit is tenant occupied and is currently bringing in $500 monthly rent. This is the perfect starter investment property or If you are a Renter and want to convert to home owner this one works good for some who wants a small monthly mortgage, or just want to pay cash to get out of the rent game. Please contact your real-estate professional today for more information.
Memphis Area Association of Realtors(R) MLS #3253839
Sep 4, 2012
Sold
$7,000
Aug 10, 2012
Listed
$15,000
Year
Property tax
Land + Additions
Assessment*
2025
$761 (+42.3%)
$1,520 + $12,920
$14,440
2024
$535 (+73.0%)
$1,520 + $12,920
$14,440
2023
$309
$1,520 + $6,600
$8,120
2022
$309 (−1.2%)
$950 + $4,125
$5,075
2021
$313 (+12.9%)
$950 + $4,125
$5,075
2020
$277
$950 + $4,125
$5,075
2019
$277
$950 + $2,875
$3,825
2018
$277 (+76.3%)
$950 + $2,875
$3,825
2017
$157 (−36.6%)
$950 + $2,875
$3,825
2016
$248
$950 + $2,875
$3,825
2014
$248
$1,000 + $4,675
$5,675
Tax history for 2796 Clarke Rd #3
Year
Property tax
Land + Additions
Assessment*
2025
$761 (+42.3%)
$1,520 + $12,920
$14,440
2024
$535 (+73.0%)
$1,520 + $12,920
$14,440
2023
$309
$1,520 + $6,600
$8,120
2022
$309 (−1.2%)
$950 + $4,125
$5,075
2021
$313 (+12.9%)
$950 + $4,125
$5,075
2020
$277
$950 + $4,125
$5,075
2019
$277
$950 + $2,875
$3,825
2018
$277 (+76.3%)
$950 + $2,875
$3,825
2017
$157 (−36.6%)
$950 + $2,875
$3,825
2016
$248
$950 + $2,875
$3,825
2014
$248
$1,000 + $4,675
$5,675
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
646
Year built
1973
Style
Condo/Co-op
County
Shelby County
APN
074090 A00049
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
RU-3
Residential Urban-3 District
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
Parking/Storage: Parking Lot
Interior
Bedroom Information
# of Bedrooms (Lower): 1
# of Bedrooms: 1
# of Bedrooms: 1
# of Bedrooms Down: 1
Master Bedroom Dimensions: 11 x 14
Master Bedroom Dimensions: 11 x 14
Primary Bedroom: Level 1, Walk-In Closet
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 4
# of Stories: 1
1st Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 1 Bathroom
Floors/Ceilings: Vinyl Floor
Room Information
Living Room Dimensions: 15 x 10
Dining Room Dimensions: 8 x 8
Den/Great Room Dimensions:
Kitchen Dimensions: 9x7
Dining Room Dimensions: 8x8
Living Room Dimensions: 15x10
Living/Dining/Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Washer/Dryer Connections
Den/Great Room Dimensions: 0x0
Other Rooms: Laundry Closet
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: Neighborhood
Miscellaneous Exterior: Wrought Iron Security Doors, Covered Patio
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2023. This data may not match public records. Learn more.