* * 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.
Single-familyProperty Type
1950Year Built
4,791 sq ftLot Size
Listed by Ashley Edwards• Keller Williams
Listed by James Harvey• Keller Williams
Bought with Stephanie Moss• BEST Real Estate Company
Memphis Area Association of Realtors(R) MLS #10202266
Jul 24, 2025
Sold
$52,000
Mar 3, 2025
Listed
$50,000
Public Records
Jun 24, 1997
Sold
$8,000
Year
Property tax
Land + Additions
Assessment*
2025
$455 (+32.8%)
$1,250 + $10,300
$11,550
2024
$342 (+8.1%)
$1,250 + $7,375
$8,625
2023
$317
$875 + $4,325
$5,200
2022
$317 (−1.2%)
$875 + $4,325
$5,200
2021
$320 (+2.3%)
$875 + $4,325
$5,200
2020
$313
$875 + $4,325
$5,200
2019
$313
$875 + $3,450
$4,325
2018
$313 (+76.3%)
$875 + $3,450
$4,325
2017
$178 (−9.3%)
$875 + $3,450
$4,325
2016
$196
$875 + $3,450
$4,325
2014
$196
$875 + $3,625
$4,500
Tax history for 237 Modder Ave
Year
Property tax
Land + Additions
Assessment*
2025
$455 (+32.8%)
$1,250 + $10,300
$11,550
2024
$342 (+8.1%)
$1,250 + $7,375
$8,625
2023
$317
$875 + $4,325
$5,200
2022
$317 (−1.2%)
$875 + $4,325
$5,200
2021
$320 (+2.3%)
$875 + $4,325
$5,200
2020
$313
$875 + $4,325
$5,200
2019
$313
$875 + $3,450
$4,325
2018
$313 (+76.3%)
$875 + $3,450
$4,325
2017
$178 (−9.3%)
$875 + $3,450
$4,325
2016
$196
$875 + $3,450
$4,325
2014
$196
$875 + $3,625
$4,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
100 ft.
Lot size
5,000 Sq. Ft.
Year renovated
2000
Sq. Ft.
775
Year built
1950
Style
Single Family Residential
County
Shelby County
APN
035044 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Oct 7, 2020 • Final
Residential electrical
Reinstall an electrical meter and restore power to lights and receptacles.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 4
# of Stories: 1
Floors/Ceilings: Part Carpet
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Separate Living Room
Den/Great Room Dimensions: 0x0x
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Porch
Exterior/Windows: Aluminum/Steel Siding
Land Information
Acreage: 0.11
Lot Information
Parcel ID: 035044 00006
Lot #: 4
Lot Size: 50X100
Lot Description: Level
Area: 747A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1950
Financial
Tax Information
Annual City Tax: $140
Annual County Tax: $176
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Wall Unit
Cooling: Window Unit(s)
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: From I-240W, take exit 25B onto I-55N, take exit 7 onto US-61, turn left onto E Mallory Ave, turn right onto Kansas St, turn left onto Majuba Ave, turn right onto Castex St, turn left onto Modder Ave, home is on left.
MAAR Subdivision Name: SPION KOP BLK 9
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 775
Stories: 1.0
Lot Size: 5,000 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: 2000
County: Shelby County
APN: 035044 00006
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Riverview Middle School
Public PreK-8 • Assigned • 0.1mi
6/10
Hamilton High School
Public 9-12 • Assigned • 3.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 69-77% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
87
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$41,000 – $50,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2025. This data may not match public records. Learn more.