Briscoe Ellett III

2325 Riley Ave

Memphis, TN
$ 120,000 Beds 3 Baths 1 Sq 1,177
Monthly Estimate* How much can I afford?

Turnkey Brick 3 bed, 1 bath investment property with detached ADU offering additional value and cash-flow potential. Property is vacant and easy to show. Roof is approximately 3 years old and was fully replaced, including decking. The property has been professionally managed and maintained since purchase. The detached structure in the rear offers additional value-add potential and could potentially be converted into a 1 bed, 1 bath unit for additional rental income or increased property value. Property is being sold AS-IS. Great opportunity for an investor or homebuyer looking for a solid property with additional income and value-add potential.

Single Family

  • Price
  • $ 120,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Pendleton-Park
  • Lot Size
  • 0.17 Acres
  • Zip
  • 38114
  • Sqr Footage
  • 1,177
  • Year Built
  • 1943
  • Taxes
  • $ 1569
  • Style
  • MLS#
  • 10230816
Listed By: The Home Partners Realty
Data Source: Memphis MLS (MAAR)

Features

General

Heating Gas
Cooling Window Unit(s)
Status Active
Full Baths 1
Legal Subdivision Name BETHEL GROVE BLK 146
Style Other (See Remarks)
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 757E
Parcel Number 047024 00004
Status Active
Annual City Tax 768
Annual County Tax 801
Sale/Rent For Sale
Area Pendleton/Park
Service Type Full Service Listing
Neighborhood Association None
Year Built 1943
Directions From I-240,take Exit 23A for Airways Blvd S. Continue south on Airways Blvd,then turn right onto Riley Ave. Continue on Riley; 2325 Riley Ave will be on your right.
City Memphis
DOM 3

Interior Features

Dining Room n/a
Living Room Separate Living Room,Separate Dining Room,Great Room,Updated/Renovated Kitchen,Pantry,Washer/Dryer Connections,Vinyl/Luxury Vinyl Floor
Living Room Dimensions n/a
Beds 3
Total Baths 1
Number of Rooms 6
FLOORS/CEILINGS Hardwood Throughout,Other (See REMARKS)

Exterior Features

Pool None
Lot E PT 3
Lot Size Area 0.17
Lot Size 51X150
Parking Display No
Lot Description Some Trees,Level
PARKING/STORAGE Driveway/Pad,Storage Room(s),Workshop(s)
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Storage Building,Other (See REMARKS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/21/2026 Listed $120,000

Property vs Zip Code Average in 38114

Price
AVG $150K
$120K
Taxes
AVG $1,388
$1,569
Year Built
AVG 1947
1943
Visits
AVG 77
1
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2325 Riley Ave Memphis, TN is a Single Family Home for sale at $120000 with 1177 sqft and a lot size of 0.17 Acres Acre(s). 2325 Riley Ave Memphis has 3 bedrooms, 1 baths and was built in 1943. The property's zip code is 38114 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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