$594 Closing Credit¹
#10187762, Listing Office: Russells Development
$50,000 List price
237 Modder Ave Memphis, TN 38109
$594
Closing credit¹
2 beds
1 full
0.1 acres
House
Property details
About 237 Modder Ave
**Excellent Investment Opportunity – 2BR/1BA Home** Investors, take note! This **2-bedroom, 1-bathroom** property is a fantastic opportunity to expand your portfolio. Whether you're looking for a **fix-and-flip** or a **buy-and-hold rental**, this home has great potential. **Key Features:** - 2 Spacious Bedrooms - 1 Full Bathroom - Great Floor Plan with Investment Potential - Convenient Location Close to Schools, Shopping, and Public Transit - Strong Rental Market in the Area With some TLC, this property can generate strong rental income or be transformed into a charming starter home. Don’t miss out on this chance to invest in a high-demand area.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingWindow Unit(s)
Lot size0.11 Acres
Year built1950
ParkingDriveway/Pad
MLS #10192202
Summary
- MLS Number: 10192202
- Office Name: Keller Williams
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$50,000
237 Modder Ave
$594
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,200 | $316 |
| 2023 | $5,200 | $316 |
| 2022 | $5,200 | $320 |
| 2021 | $5,200 | $320 |
| 2020 | $4,325 | $313 |
| 2019 | $4,325 | $313 |
| 2018 | $4,325 | $177 |
| 2017 | $4,325 | $196 |
History based on county public records data.
Nearby schools
2
Vision Preparatory Charter School
Public Charter KG-5
0.2 mi
•260 Joubert Ave
3
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
0.9 mi
•90 W Olive Ave
3
A. B. Hill Elementary School
Public District PK-5
1.4 mi
•345 E Olive Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,014. The most common annual income of people living in Memphis, TN is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
81%
<35k
18%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
58%
Single, No Kids
30%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
12%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
White Castle
What do the neighbors drive?
Kia
Buick
Chevrolet
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 237 Modder Ave
This home is located at 237 Modder Ave in Memphis, TN and zip code 38109 in the Riverside neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $50,000.
While more than 46 listings in Memphis, TN in March 2025 were sold above asking price, there were more than 105 listings sold at asking price, and more than 216 were sold below. The inventory of homes for sale in Memphis, TN between February and March 2025 increased by 14.8%.
From Rocket Homes Real Estate and based on county public records data.