1627 Jay Cove

Memphis TN 38127

1594 sq. ft.

0.25 ac.

Single-Family

Last sold for $91,250

Debbie Nixon, last sold this property on 26 June 2026 after 17 days on market.

Overview

Take advantage of this reliable income-generating asset located in a high-demand rental corridor. This 4-bedroom, 1-bath property is currently leased at $1,275/month, providing immediate stability. With the current tenant on a month-to-month lease, this investment offers flexible exit strategies: maintain the existing cash flow or execute a strategic renovation to maximize rental returns. A perfect candidate for investors looking to scale their portfolio with a proven performer.

Features

4 bedrooms

1 bathroom

1594 sq. ft. floor area

0.25 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 1627 Jay Cove is $125k.

Median value

$125k

Estimated value range

$52.7k - $365k

Median days on market

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1627 Jay Cove

2026

Sold

$91,250

26 Jun 2026 by Debbie Nixon, of Advantage Property Management

2020

Sold

$71,000

01 Jun 2020

2019

Sold

$26,000

23 Dec 2019 by Stephen James, of Keller Williams Realty

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.