480 Friars Point Ln, Memphis, TN 38018
- $225,000
- 3
- BD
- 2.1
- BA
- List Price
- $225,000
- Status
- ACTIVE
- MLS#
- 10217809
- Price Change
- ▼ $50,000 1788461705
- Bedrooms
- 3
- Bathrooms
- 2.1
- Lot Size
- 104X125
Property Description
MAJOR PRICE DROP! Investor or Savvy First-Time Homebuyer Opportunity! This 3-bedroom, 2.5-bathroom two-story home offers an excellent opportunity for an investor looking to add to their portfolio or a savvy first-time homebuyer willing to put in some TLC and build equity. Situated on a spacious corner lot, the home features a comfortable layout with a living room showcasing built-in bookshelves and a brick gas fireplace, an updated eat-in kitchen, and a flexible formal dining room that could also be used as a home office. The property only needs some TLC to unlock its full potential.Conveniently located near shopping, dining, and major highways, this home offers plenty of opportunity at an attractive price point. SALE IS SUBJECT TO APPROVAL BY THE SELLER’S BANK. This is a short sale, and all offers and terms are subject to lender approval. Buyers should allow additional time for the short-sale approval process.
Additional Information
- Acres
- 0.21
- Annual City Tax
- 1665
- Annual County Tax
- 1736
- Cooling
- Central
- Exterior
- Other (See REMARKS)
- Exterior Windows
- Other (See Remarks)
- Fireplaces
- 1
- Floors Ceilings
- Part Carpet, Tile
- Heating
- Central
- Legal Subdivision
- Walnut Grove Woods Phase 1
- Living Dining Kitchen
- Separate Living Room
- Lot
- 141
- Lot Description
- Corner
- Lot Size
- 104X125
- Neighborhood Amenities
- None
- Parking Storage
- Side-Load Garage
- Stories
- 2
- Style
- Traditional
- Subdivision
- WALNUT GROVE WOODS PH1
- Subtype
- Detached Single Family
- Year Built
- 1983
Mortgage Calculator
Listing courtesy of BHHS Taliesyn Realty.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial 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.