$225,000
 $1,208 est/mo Sourced by Back At You

480 Friars Point Ln,Memphis, TN 38018

Memphis, TN 38018

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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.

Details

MLS #10217809
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1983
Days On Site182
Listing Provided ByBHHS Taliesyn Realty | Arlexus Holmes

Features

Bed(s)3
Bath(s) 2 Total
Garage2
Story(s)2
Acreage0.21
Property ViewCorner

Interior

Number Of Rooms6
CoolingCentral
HeatingCentral

Exterior

Lot DescriptionCorner

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38018
AreaCordova West
Subarea796C
Community NameWALNUT GROVE WOODS PH1
Listing VS Median (in WALNUT GROVE WOODS PH1)
Price:
$225,000
low | high
Med:
$0
On site:
182
low | high
Med:
Sourced by Back At You

Market Activity 38018

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38018
AreaCordova West
Subarea796C
Community NameWALNUT GROVE WOODS PH1
Listing VS Median (in WALNUT GROVE WOODS PH1)
Price:
$225,000
low | high
Med:
$0
On site:
182
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $168K - $281K
sqft: 0 - 0
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Listing Updated: September 24, 2026 at 5:48:45 AM PDT