Property Attributes
- MLS#10228423
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaPendleton-Park
- NeighborhoodBethel Grove
- Zip38114
- StyleTraditional
- Year Built1954
- Taxes$ 721
- Price$ 100,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage908
Data Source:
Memphis MLS (MAAR)
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
| Price History | |
|---|---|
| 8/14/2026 | Listed $100,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Roof | Composition Shingles |
| Status | Active |
| Full Baths | 1 |
| Legal Subdivision Name | Delugachs Peach Cove |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 757. |
| Parcel Number | 060137 00018 |
| Status | Active |
| Annual City Tax | 353 |
| Annual County Tax | 368 |
| Sale/Rent | For Sale |
| Area | Pendleton/Park |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1954 |
| Directions | From Downtown Memphis,take I-240 East to Getwell Rd. Turn right onto Getwell Rd,then left onto Southern Ave. Turn right onto Lamar Ave,then left onto Joy Ln. Continue to 2473 Joy Ln,Memphis,TN 38114. |
| City | Memphis |
| DOM | 34 |
Interior Features
| Living Room | Separate Living Room |
|---|---|
| Beds | 3 |
| Total Baths | 1 |
| Number of Rooms | 4 |
| FLOORS/CEILINGS | Other (See REMARKS) |
Exterior Features
| Foundation | Conventional |
|---|---|
| Pool | None |
| Lot Size | 70X108 |
| Parking Display | No |
| Lot Description | Level |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Other (See Remarks) |
| Misc. Exterior | Wrought Iron Security Drs |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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