About This Home

This 3-bedroom, 2-bathroom single family at 504 PHILWOOD Cv in Memphis, TN is listed for $229,900 ($279 per sqft). Built in 1950, the home offers 825 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1950
  • 0.19 acre lot

Property Details

1 story
2 full
1950

Amenities

HardwoodA/C
Listing Description

**Charming Dual-Home Investment Opportunity!** Welcome to this fantastic investment opportunity featuring not one, but two charming residences on a single lot! Perfect for first-time buyers or seasoned investors looking to expand their portfolio. Main House: This delightful two-bedroom, one-bath home has been thoughtfully updated to offer modern comforts while retaining its character.

The recently renovated kitchen boasts stylish finishes and ample storage, making it a joy to cook and entertain. The updated bathroom combines functionality with contemporary design, ensuring relaxation and comfort. With spacious living areas bathed in natural light, this home is perfect for cozy gatherings or enjoying quiet evenings.

Secondary Property: The additional one-bedroom, one-bath cottage offers an open-concept layout that includes a cozy kitchen, living room, and laundry facilities. Ideal for guests, family members, or as a rental unit

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$166
Interest$996
Insurance$67

Estimates only. Actual payments may vary.

Location

504 PHILWOOD Cv

Memphis, TN 38122

SHARON 1ST ADDN

Property Details

Flooring

HardwoodTile

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 504 PHILWOOD Cv is listed at $229,900 ($279/sqft). The estimated monthly payment is $1,229 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.19 acre lot.

This property is listed by Ashley Gillihan.

AG

Ashley Gillihan

Agent at Coldwell Banker Collins-Maury

Listed by Coldwell Banker Collins-Maury · Broker phone: (901) 259-8500 · View on Broker Site · Broker website

MLS# 10231336· Source: Memphis Area Association of Realtors®· 28 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

504 PHILWOOD Cv, Memphis, TN 38122

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