See all 14 photos
$100,000
Est. payment /mo
3 Beds
1 Bath
New
2473 JOY LN Memphis, TN 38114
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Delugachs Peach Cove
MLS Listing ID 10228423
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1954
Annual Tax Amount $721
Property Sub-Type Detached Single Family
Property Description
Turnkey Tenant-Occupied Rental at 2473 Joy Ln — $1,085/mo Cash-flowing single-family investment property with a tenant already in place paying $1,085/month, offering immediate income for investors seeking a stabilized, hands-off asset. Recently renovated in 2025, this home combines updated condition with dependable rental performance — meaning lower near-term capital expenditure and strong tenant appeal. The property is professionally managed, making it an ideal fit for out-of-state or hands-off investors who want steady returns without the day-to-day operational burden. With a tenant in place and management already handling the details, this is a true plug-and-play addition to any rental portfolio. Please note: No showings without an accepted offer No seller financing or creative financing — cash or conventional financing only
Location
State TN
County Shelby
Area Pendleton/Park
Rooms
Master Bedroom 0
Dining Room 0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Private Pool Yes
Building
Lot Description Level
Story 1
Foundation Conventional
Others
Miscellaneous Wrought Iron Security Drs
Listed by Caleb Parr • Renshaw Company, REALTORS
NEARBY SCHOOL & BUSINESS
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