Action Realty McNairy
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$135,000

2282 Devoy

Memphis, TN 38108
3Beds
2Baths
1948Year Built

About this property

This property is leased at $1,195 per month through 05/20/2028, with a cash-on-cash return of 4.24% and a monthly cash flow of $142.14. Turnkey 3BR/2BA renovation designed for durability and consistent rental performance. Key upgrades include a newer roof (<3 years), brand-new 3-ton HVAC system, and new LVP/tile flooring throughout. Interior improvements feature fresh paint, updated lighting, and repaired kitchen with refreshed cabinets, countertops, and fixtures. Both bathrooms include new toilets and updated plumbing components. Additional upgrades include a new water heater, smart locks, and exterior repairs with fresh paint and landscaping. Clean, functional layout with low-maintenance finishes ideal for long-term returns. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Property details

MLS #
10220377
Type
Residential
County
Shelby
Listed
2026-04-28
Map
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Listing courtesy of Foundation Property Management · 901-633-1484 · © 2026 Memphis Area Association of REALTORS®

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Listing data last updated Jun 10, 2026 8:30 AM.