For sale

$135,000

2282 Devoy Ave, Memphis, TN 38108

3beds

1,202sqft

$930/mo

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Single Family Residence

Built in 1948

7,405 Square Feet Lot

$130,100 Zestimate^®

$112/sqft

$-- HOA

What's special

Functional floor planConvenient parking

This property is leased at $1,195 per month through 05/20/2028. TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,195/month through 05/20/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

96 days

71

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Kitchen

Features: Washer/Dryer Connections

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Vinyl
Has fireplace: No

Interior area

Total interior livable area: 1,202 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 60 x 125
Features: Level

Details

Parcel number: 042038 00080

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1948

Community & HOA

Community

Subdivision: Joe Shankmans Palmer Hills 1st Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $112/sqft
Tax assessed value: $108,300
Annual tax amount: $1,427
Price range: $135K - $135K
Date on market: 5/18/2026
Cumulative days on market: 117 days

Estimated market value

$130,100

$124,000 - $137,000

$1,298/mo

Price history

Date	Event	Price
5/19/2026	Listing removed	$1,195$1/sqft
Source: Zillow Rentals Report a problem
5/18/2026	Listed for sale	$135,000+68.8%$112/sqft
Source: MAAR #10220377 Report a problem
3/3/2026	Listed for rent	$1,195$1/sqft
Source: Zillow Rentals Report a problem
3/2/2026	Sold	$80,000+166.7%$67/sqft
Source: Public Record Report a problem
1/15/2019	Sold	$30,000-33.3%$25/sqft
Source: MAAR #10030300 Report a problem
12/17/2018	Pending sale	$45,000$37/sqft
Source: Keller Williams Realty Memphis Central #10030300 Report a problem
11/21/2018	Price change	$45,000-11.7%$37/sqft
Source: Keller Williams Realty Memphis Central #10030300 Report a problem
8/11/2018	Price change	$50,950-7.4%$42/sqft
Source: Keller Williams Realty Memphis Central #10030300 Report a problem
6/28/2018	Listed for sale	$55,000$46/sqft
Source: Keller Williams Realty Memphis Central #10030300 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,427 +33.2%	$27,075 +66.4%
2024	$1,072 +8.1%	$16,275
2023	$991	$16,275
2022	--	$16,275
2021	--	$16,275 +44.7%
2020	$360	$11,250
2019	$360 -21.1%	$11,250
2018	$456 -45.1%	$11,250
2017	$830 +119.5%	$11,250 +1.1%
2016	$378 -16.8%	$11,125
2014	$454	$11,125
2013	--	$11,125 -21.9%
2012	--	$14,250
2011	--	$14,250
2010	--	$14,250
2009	--	$14,250 -15.3%
2008	--	$16,825
2007	--	$16,825
2006	--	$16,825
2005	--	$16,825 +29.4%
2004	--	$13,000
2003	--	$13,000
2002	--	$13,000
2001	--	$13,000 +13.3%
2000	--	$11,475