Briscoe Ellett III

232 Modder Ave

Memphis, TN
$ 55,000 Beds 2 Baths 1 Sq 728
Monthly Estimate* How much can I afford?

This 2-bedroom, 1-bathroom home features approximately 728 square feet of living space on a 4,670-square-foot lot. The single-story layout and manageable size make this property worth a look for buyers seeking an affordable home, investors looking for an entry-level rental, or renovators searching for their next project. The property offers a traditional brick exterior and a straightforward floor plan that provides a solid starting point for someone looking to make improvements and build equity. With an attractive price point, this one deserves attention from both owner-occupants and investors. Whether you're looking for an affordable place to call home, your next rental property, or a value-add opportunity, 232 Modder Ave is worth putting on your list. Priced at $55,000 — opportunities in this price range don't come around every day. Schedule your showing and take a look at the possibilities!

Single Family

  • Price
  • $ 55,000
  • City
  • Memphis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • South Memphis-61 Hwy
  • Lot Size
  • 0.1 Acres
  • Zip
  • 38109
  • Sqr Footage
  • 728
  • Year Built
  • 1954
  • Taxes
  • $ 489
  • Style
  • Traditional
  • MLS#
  • 10231018
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Gas,Electric
Cooling Window Unit(s),Ceiling Fan(s)
Status Active
Full Baths 1
Legal Subdivision Name SPION KOP BLK 4
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747A
Parcel Number 035049 00011
Status Active
Annual City Tax 239
Annual County Tax 250
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1954
Directions Get on I-240 W. Take exit 7 from I-55 N. Merge onto US-61 N/S 3rd St/S Third St. Turn left onto E Mallory Ave. Turn right onto Kansas St. Turn left onto Modder Ave.
City Memphis
DOM 1

Interior Features

Living Room Other (See Remarks)
Beds 2
Total Baths 1
Number of Rooms 4
FLOORS/CEILINGS Part Carpet,Other (See REMARKS)

Exterior Features

Pool None
Lot 16
Lot Size Area 0.1
Lot Size 45X100
Parking Display No
Lot Description Some Trees,Level
PARKING/STORAGE Driveway/Pad,On-Street Parking
EXTERIOR/WINDOWS Brick Veneer,Storm Door(s)
Misc. Exterior Wrought Iron Security Drs,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

9/24/2026 Listed $55,000

Property vs Zip Code Average in 38109

Price
AVG $110K
$60K
Taxes
AVG $1,255
$489
Year Built
AVG 1963
1954

Areas That We Cover

232 Modder Ave Memphis, TN is a Single Family Home for sale at $55000 with 728 sqft and a lot size of 0.1 Acres Acre(s). 232 Modder Ave Memphis has 2 bedrooms, 1 baths and was built in 1954. The property's zip code is 38109 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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