For sale

$100,000

2473 Joy Ln, Memphis, TN 38114

3beds

908sqft

$710/mo

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Single Family Residence

Built in 1954

7,560 Square Feet Lot

$-- Zestimate^®

$110/sqft

$-- HOA

What's special

Updated conditionRecently renovated

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

17 days
128
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Width: 0

Dining room

Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Features

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

Interior area

Total interior livable area: 908 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 7,560 Square Feet
Dimensions: 70 x 108
Features: Level

Details

Parcel number: 060137 00018

Construction

Type & style

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

Materials

Roof: Composition Shingles

Condition

New construction: No
Year built: 1954

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Delugachs Peach Cove

Location

Region: Memphis

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $54,700
Annual tax amount: $721
Price range: $100K - $100K
Date on market: 8/14/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,160/mo

Price history

Date	Event	Price
8/14/2026	Listed for sale	$100,000+566.7%$110/sqft
Source: MAAR #10228423 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
9/15/2018	Listing removed	$700$1/sqft
Source: Owner Report a problem
9/13/2018	Listed for rent	$700$1/sqft
Source: Owner Report a problem
7/31/2018	Sold	$15,000$17/sqft
Source: MAAR #10030791 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$721 +2.5%	$13,675 +28.1%
2024	$703 +8.1%	$10,675
2023	$650	$10,675
2022	--	$10,675
2021	--	$10,675 +74.3%
2020	$196	$6,125
2019	$196 -21.1%	$6,125
2018	$248 -45.1%	$6,125
2017	$452 +98.5%	$6,125 -8.6%
2016	$228 -9.6%	$6,700
2014	$252	$6,700
2013	--	$6,700 -15.2%
2012	--	$7,900
2011	--	$7,900
2010	--	$7,900
2009	--	$7,900 -2.8%
2008	--	$8,125
2007	--	$8,125
2006	--	$8,125
2005	--	$8,125 -19.6%
2004	--	$10,100
2003	--	$10,100
2002	--	$10,100
2001	--	$10,100 +10.4%
2000	--	$9,150