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
| MLS # | 10228423 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 36 |
| Listing Provided By | Renshaw Company, REALTORS | Caleb Parr |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Story(s) | 1 |
| Property View | Level |
| Number Of Rooms | 4 |
|---|---|
| Cooling | Central |
| Heating | Central |
| Roof | Composition Shingles |
|---|---|
| Foundation | Conventional |
| Lot Description | Level |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38114 |
| Area | Pendleton | Park |
| Subarea | 757. |
| Community Name | Bethel Grove |
| Listing VS Median (in Bethel Grove) | |
Price: $100,000 low | high Med: $0 On site: 36 low | high Med: | |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38114 |
| Area | Pendleton | Park |
| Subarea | 757. |
| Community Name | Bethel Grove |
| Listing VS Median (in Bethel Grove) | |
Price: $100,000 low | high Med: $0 On site: 36 low | high Med: | |
![]() | $550,0002491 Joy LnMemphis, TN 38114 |