Address
2473 Joy Ln, Memphis, TN
Price
$ 100,000
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

Property vs Single Family Average in 38114

Price
AVG $150K
$100K
Taxes
AVG $1,368
$721
Year Built
AVG 1949
1954
Visits
AVG 93
28
Data Provided by Inside Real Estate®