2282 Devoy Ave, Memphis, TN 38108 is a fully renovated 3BR/2BA, 1,202 SF turnkey rental built for strong, stable returns. Leased at $1,195/month through 5/20/2028 with a 4.74% cash-on-cash return, this asset delivers consistent income and long-term tenant stability. Financials available upon request. Major improvements include a NEW HVAC system (3-ton Carrier), NEW roof (<3 years), NEW flooring throughout (tile/LVP), and full interior/exterior renovation with fresh paint, trim, lighting, and fixtures. Additional upgrades include a new water heater, updated electrical and plumbing fixtures, renovated bathrooms, select new windows, smart locks, and improved landscaping for added curb appeal and durability. No wholesalers, assignments, or creative financing! Owner/Agent
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Randy Rinks
Agent Phone: (731) 926-5058
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 339.83 per month $300.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $39.38 Homeowner's Insurance
2282 Devoy Ave | MLS# 10220377
This single family home located at 2282 Devoy Ave, Memphis, TN 38108 is currently listed for sale with an asking price of $135,000. This property was built in 1948 and has 2 bedrooms and 1 full and 1 partial baths. Devoy Ave is located in the PALMER HILLS 1ST ADD subdivision. Search PALMER HILLS 1ST ADD real estate on randyrinks.crye-leike.com today.