- 2
- beds
- 1
- baths
- 728
- sqft
- 1954
- year built
- Status:
- Active
- MLS #:
- 10231018
- Neighborhood:
- SPION KOP BLK 4
- County:
- Shelby
- Listed By:
- Adrian Henning - KAIZEN Realty, LLC
- Agent Phone:
- (901) 463-5090
- Agent Email:
- adrianthenning@gmail.com
Sponsoring Broker: Christine Eisenberg, Continental Real Estate Group, Inc
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!
Highlights
- Residential
- Single Family Residence
- Built in 1954
- 0.1 Acre Lot
- 50 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 1
-
- Year Built
- 1954
-
- Stories
- 1.0
-
- Architectural Style
- Traditional
-
- Construction Materials
- Brick Veneer
-
- Parking Features
- Driveway, On Street
-
- Flooring
- Carpet
-
- Pool Features
- None
-
- Cooling
- Ceiling Fan(s), Window Unit(s)
-
- Heating
- Natural Gas, Electric
-
- Acres
- 0.1
-
- Lot Features
- Wooded, Level
-
- Area
- South Memphis/61 Hwy
-
- County
- Shelby
-
- City
- Memphis
-
- Neighborhood
- SPION KOP BLK 4
-
- Zip Code
- 38109
-
ez Mortgage Calculator
Enter your details below to estimate your monthly mortgage payment with taxes, fees and insurance.
$
Please enter a valid number
Cost of the current home: $55000
$
%
Please enter a valid number
Cash you pay when you close
Affects interest rates. 30- or 15- year loans are standard.
%
Default rate is illustrative, set internally by ez Home Search and updated periodically; actual rates vary by lender, credit score, and market conditions.
$
%
Please enter a valid number
$
Please enter a valid number
Typically 0.25% of home value per year.
$
Please enter a valid number
Homeowners association dues.
$ 0
Monthly
Principal and interest:
Property Taxes:
Homeowners Insurance:
HOA Dues:
$0 (0%)
$0 (0%)
$0 (0%)
$0 (0%)
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
Estimated Value
$54,214
Estimated Sales Price Range:
$44,997 - $63,430
Source: Constellation Data Labs
Price History
| 09/22/2026 | Listed | $55,000 |
| Source: Memphis Area Association of REALTORS #10231018 | ||
Source: MLS Data
What's your home worth?
Calculate your current home value within seconds.
Similar Listings
Look Throughout Memphis
There are currently 3726 properties available in Memphis, with 0 under contract to close soon. Properties in the city have an average sale price of $218,183 and typically spend 77 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 38 zip codes in Shelby County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 232 Modder Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 232 Modder Ave.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 232 Modder Ave?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $55,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Memphis, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 232 Modder Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 232 Modder Ave at around $354. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 232 Modder Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Shelby County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 232 Modder Ave?
In most cases, yes. Whether 232 Modder Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Memphis's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 232 Modder Ave?
We can handle that for you. Our preferred local agent specializes in residentials in Memphis and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $55,000 with 728 sqft of space—that comes out to approximately $76 per square foot.
How long has this property been on the market?
232 Modder Ave was listed on September 22, 2026, which means it's been on the market for 50 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1954, making it approximately 72 years old.
What is the lot size of this property?
232 Modder Ave sits on a 0.1-acre lot, which is 4,356 square feet.
What are the property taxes for 232 Modder Ave?
The most recent public record shows annual property taxes for 232 Modder Ave were approximately $489. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 232 Modder Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
Popular Home Searches in Memphis, TN
Open Houses Near Memphis, TN
Land for Sale Near Memphis, TN
Townhomes for Sale Near Memphis, TN
Waterfront Homes for Sale Near Memphis, TN
Waterfront Condos for Sale Near Memphis, TN
Homes with Pools for Sale Near Memphis, TN
Gated Community Homes for Sale Near Memphis, TN
Homes with No Hoa for Sale Near Memphis, TN
Homes in Adult Communities for Sale Near Memphis, TN
Search Nearby Cities
Search Nearby Counties
Search Nearby Postal Codes
Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Memphis Area Association of REALTORS. All rights reserved.
Last Updated: November 11, 2026 at 02:50AM | Source: Memphis Area Association of REALTORS | MLS#: 10231018
