2473 Joy Ln Memphis, TN 38114
Southeast Memphis NeighborhoodEstimated payment $580/month
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- 1-Story Property
- Separate Formal Living Room
- Level Lot
About This Home
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
Home Details
Home Type
- Single Family
Year Built
- Built in 1954
Lot Details
- Lot Dimensions are 70x108
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 908 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Iron Doors
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Delugachs Peach Cove Subdivision
Listing and Financial Details
- Assessor Parcel Number 060137 00018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $368 | $13,675 | $2,450 | $11,225 |
| 2024 | $362 | $10,675 | $1,000 | $9,675 |
| 2023 | $650 | $10,675 | $1,000 | $9,675 |
| 2022 | $650 | $10,675 | $1,000 | $9,675 |
| 2021 | $773 | $10,675 | $1,000 | $9,675 |
| 2020 | $444 | $6,125 | $1,000 | $5,125 |
| 2019 | $196 | $6,125 | $1,000 | $5,125 |
| 2018 | $196 | $6,125 | $1,000 | $5,125 |
| 2017 | $200 | $6,125 | $1,000 | $5,125 |
| 2016 | $293 | $6,700 | $0 | $0 |
| 2014 | $293 | $6,700 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2026 08/14/26 | For Sale | $100,000 | +566.7% | $110 / Sq Ft | |
| 07/31/2018 07/31/18 | Sold | $15,000 | +206.1% | $150 / Sq Ft | View Prior Sale |
| 07/07/2018 07/07/18 | Pending | -- | -- | -- | |
| 06/30/2018 06/30/18 | For Sale | $4,900 | -- | $49 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $14,000 | Premium Title Svcs Inc | |
| Trustee Deed | $19,000 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Memphis Area Association of REALTORS®
MLS Number: 10228423
APN: 06-0137-0-0018
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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Ask me questions while you tour the home.