About This Home
This 3-bedroom, 3-bathroom single family at 480 FRIARS POINT Ln in Memphis, TN is listed for $225,000 ($129 per sqft). Built in 1983, the home offers 1,741 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1983
- 0.21 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
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.
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
480 FRIARS POINT Ln
Memphis, TN 38018
WALNUT GROVE WOODS PHASE 1
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 3-bathroom single family at 480 FRIARS POINT Ln is listed at $225,000 ($129/sqft). The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1983, 0.21 acre lot, 2 stories, Fireplace.
This property is listed by Arlexus Holmes and can be reached at 9014664000.







