480 Friars Point Ln Memphis, TN 38018
3 bed / 3 bath / 1,741 Sq. Ft. / 9,148 Sq. Ft., 0.21 acres lot size / Single Family
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
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.
property details
Type
Single Family
Status
Active
County
Shelby
Year Built
1983
Sq. Ft.
1,741
Lot Size
9,148 Sq. Ft., 0.2 acres
Listing Id
10217809
Courtesy Of
Arlexus Holmes - BHHS Taliesyn Realty Ofc.: 901-466-4000
List Office Phone
+1 (901) 466-4000
Subdivision
WALNUT GROVE WOODS PHASE 1
Interior Features
Beds
3
Full Baths
2
Half Baths
1
Living Area Units
Sq. Ft.
Flooring
Tile
Carpet
Carpet
Bathrooms Total
3
Exterior Features
Parking
Garage Faces Side
Garage
Garage
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Central
Building Area Total
1,741 Sq. Ft.
Architectural Style
Traditional
2 Story
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
09/03/2026
09/03/2026
|
Active |
$225,000
|
Memphis Area Association of Realtors (MAAR) |
|
06/24/2026
06/24/2026
|
Active |
$275,000
|
Memphis Area Association of Realtors (MAAR) |
|
04/30/2026
04/30/2026
|
Active |
$269,000
|
Memphis Area Association of Realtors (MAAR) |
|
03/27/2026
03/27/2026
|
Active |
$275,000
|
Memphis Area Association of Realtors (MAAR) |
View More
Market Trends
Source: Constellation1
Mortgage Calculator
Estimated Mortgage Payment
Your total payment will be
{{ currency_symbol }}{{ parseInt(monthlyMortgage).formatThousands(0) }}
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}
({{ downPaymentFormatted }})
(Years)
Estimate does not reflect Property Tax, PMI or Homeowner Insurance. Mortgage Calculator provided by Berkshire Hathaway HomeServices.
