2282 DEVOY AVE, Memphis, TN 38108 (MLS # 10220377)

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PRICE $135,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,202 sqft
LOT SIZE 7,406 sqft

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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