2282 DEVOY AVE, Memphis, TN 38108 (MLS # 10220377)
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This property is leased at $1,195 per month through 05/20/2028, with a cash-on-cash return of 3.99% and a monthly cash flow of $133.71. 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
| DAYS ON MARKET | 60 | LAST UPDATED | 4/29/2026 |
|---|---|---|---|
| TRACT | JOE SHANKMANS PALMER HILLS 1ST ADDN | YEAR BUILT | 1948 |
| COMMUNITY | Vollintine/Northside | GARAGE SPACES | 1.0 |
| COUNTY | Shelby | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Vollintine/Northside |
| CONSTRUCTION | Brick Veneer |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | JOE SHANKMANS PALMER HILLS 1ST ADDN |
| TAXES | 1427 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Foundation Property Management
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