About This Home
Located in the Joe Shankmans Palmer Hills 1st Addn neighborhood of Memphis, TN, this 1948 single-family home offers 1,121 square feet with three bedrooms and one bathroom. The property sits on a 0.17-acre lot and includes central air conditioning and central heating.
Renovated for rental use, the home currently has an active month-to-month lease at $650 per month. The property is listed at $156,940 and is being offered as part of a 103-home package. Its established construction date, residential setting, and practical three-bedroom layout provide a clear profile for buyers evaluating an income-producing property. The home is located within the Memphis market, where the median price is $174,500. No creative finance offers are available.
Key Features
- Built in 1948
- 0.17 acre lot
Property Details
Amenities
Renovated rental property with an active lease in place. Currently leased at $650 month to month. No creative finance offers. This home is part of a 103 home package.
Monthly Cost Estimate
$839/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2270 DEVOY Ave
Memphis, TN 38108
JOE SHANKMANS PALMER HILLS 1ST ADDN
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 2270 DEVOY Ave is listed at $156,940 ($140/sqft). The estimated monthly payment is $840 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1948, 0.17 acre lot.
This property is listed by Caleb Hall and can be reached at 9015509021.
