2/2829 Sonora Drive

Memphis TN 38115

960 sq. ft.

Condo

Last sold for $40,000

Jordan Ray, last sold this property on 03 September 2026 after 49 days on market.

Overview

Being sold AS-IS. Turnkey and ready to go, this beautiful 2-bedroom, 2-bath condo in The Hamlets is an excellent opportunity for both investors and owner-occupants. Featuring new appliances, including a new oven and refrigerator, this low-maintenance unit is move-in ready from day one. Investors will appreciate the strong rental potential of approximately $850 per month, easily exceeding the 1% rule, while buyers looking to own an affordable home free and clear will love the value this property offers. Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today! VIDEO AVAILABLE UPON REQUEST!!

Features

2 bedrooms

2 bathrooms

960 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Memphis over the last 12 months, the estimated median property value of 2/2829 Sonora Drive is $40k.

Median value

$40k

Estimated value range

$22k - $83.5k

Median days on market

Estimated value trend

18%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/2829 Sonora Drive

2026

Sold

$40,000

03 Sep 2026 by Jordan Ray

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.