For sale

$55,000

232 Modder Ave, Memphis, TN 38109

2beds

728sqft

N/A

Get pre-qualified

Single Family Residence

Built in 1954

4,356 Square Feet Lot

$33,200 Zestimate^®

$76/sqft

$-- HOA

What's special

Traditional brick exteriorStraightforward floor planSingle-story layout

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!

5 days
139
9

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Natural Gas, Electric

Cooling

Ceiling Fan(s), Window Unit(s)

Features

All Bedrooms Down, 1 or More BR Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet
Doors: Storm Door(s)
Has fireplace: No

Interior area

Total interior livable area: 728 sqft

Property

Parking

Parking features: Driveway/Pad, On Street
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 45 x 100
Features: Some Trees, Level

Details

Parcel number: 035049 00011

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1954

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Spion Kop Blk 4

Location

Region: Memphis

Financial & listing details

Price per square foot: $76/sqft
Tax assessed value: $37,100
Annual tax amount: $489
Price range: $55K - $55K
Date on market: 9/24/2026
Cumulative days on market: 6 days

Estimated market value

$33,200

$25,000 - $45,000

$855/mo

Price history

Date	Event	Price
9/24/2026	Listed for sale	$55,000+570.7%$76/sqft
Source: MAAR #10231018 Report a problem
2/2/1965	Sold	$8,200$11/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$489 +33.2%	$9,275 +66.4%
2024	$367 +8.1%	$5,575
2023	$340	$5,575
2022	--	$5,575
2021	--	$5,575 +20.5%
2020	$148	$4,625
2019	$148 -21.1%	$4,625
2018	$187 -45.1%	$4,625
2017	$341 +103.9%	$4,625 -6.1%
2016	$167 -6.7%	$4,925
2014	$179	$4,925
2013	--	$4,925 -12.4%
2012	--	$5,625
2011	--	$5,625
2010	--	$5,625
2009	--	$5,625 -3%
2008	--	$5,800
2007	--	$5,800
2006	--	$5,800
2005	--	$5,800 +5.5%
2004	--	$5,500
2003	--	$5,500
2002	--	$5,500
2001	--	$5,500 -21.4%
2000	--	$7,000