12
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$135,000
Est. payment /mo
3 Beds
2 Baths
7,405 Sqft Lot
Active
2282 DEVOY AVE Memphis, TN 38108
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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Joe Shankmans Palmer Hills 1St Addn
MLS Listing ID 10220377
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1948
Annual Tax Amount $1,427
Lot Size 7,405 Sqft
Property Sub-Type Detached Single Family
Property Description
This property is leased at $1,195 per month through 05/20/2028, with a cash-on-cash return of 4.24% and a monthly cash flow of $142.14. Turnkey 3BR/2BA renovation designed for durability and consistent rental performance. Key upgrades include a newer roof (<3 years), brand-new 3-ton HVAC system, and new LVP/tile flooring throughout. Interior improvements feature fresh paint, updated lighting, and repaired kitchen with refreshed cabinets, countertops, and fixtures. Both bathrooms include new toilets and updated plumbing components. Additional upgrades include a new water heater, smart locks, and exterior repairs with fresh paint and landscaping. Clean, functional layout with low-maintenance finishes ideal for long-term returns. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
Location
State TN
County Shelby
Area Vollintine/Northside
Rooms
Master Bedroom 0x0
Dining Room 0x0
Kitchen Separate Dining Room, Separate Living Room, Vinyl/Luxury Vinyl Floor, Washer/Dryer Connections
Interior
Heating Central
Cooling Central
Flooring Vinyl/Luxury Vinyl Floor
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Private Pool Yes
Building
Lot Description Level
Story 1
Others
Miscellaneous Patio
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS
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