Briscoe Ellett III

2473 Joy Ln

Memphis, TN
$ 100,000 Beds 3 Baths 1 Sq 908
Monthly Estimate* How much can I afford?

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

Single Family

  • Price
  • $ 100,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Pendleton-Park
  • Lot Size
  • Zip
  • 38114
  • Sqr Footage
  • 908
  • Year Built
  • 1954
  • Taxes
  • $ 721
  • Style
  • Traditional
  • MLS#
  • 10228423
Listed By: Renshaw Company, REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Roof Composition Shingles
Status Active
Full Baths 1
Legal Subdivision Name Delugachs Peach Cove
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 757.
Parcel Number 060137 00018
Status Active
Annual City Tax 353
Annual County Tax 368
Sale/Rent For Sale
Area Pendleton/Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1954
Directions From Downtown Memphis,take I-240 East to Getwell Rd. Turn right onto Getwell Rd,then left onto Southern Ave. Turn right onto Lamar Ave,then left onto Joy Ln. Continue to 2473 Joy Ln,Memphis,TN 38114.
City Memphis
DOM 41

Interior Features

Living Room Separate Living Room
Beds 3
Total Baths 1
Number of Rooms 4
FLOORS/CEILINGS Other (See REMARKS)

Exterior Features

Foundation Conventional
Pool None
Lot Size 70X108
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior Wrought Iron Security Drs

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/14/2026 Listed $100,000

Property vs Zip Code Average in 38114

Price
AVG $150K
$100K
Taxes
AVG $1,388
$721
Year Built
AVG 1947
1954
Visits
AVG 77
30
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2473 Joy Ln Memphis, TN is a Single Family Home for sale at $100000 with 908 sqft and a lot size of Acre(s). 2473 Joy Ln Memphis has 3 bedrooms, 1 baths and was built in 1954. The property's zip code is 38114 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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