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237 Modder, Memphis, TN 38109

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For Sale

$50,000

2 beds • 1 baths

Estimated Payment

$ 283 /mo. †

6.65% APR for 30 yrs.
$316 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

**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.
MLS# 10192202

Courtesy Of KELLER WILLIAMS®

(901) 261-7900

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    New Traditional
  • Cooling System
    Window Unit(s) A/C
  • Floor Covering
    Carpet
  • Heating System
    Wall Unit
  • Lot Size
    0.11 Acres
  • Rooms
    Living Room

Map and Directions

Directions to 237 Modder, Memphis, TN 38109

Home seller CENTURY 21 Patterson & Associates Real Estate Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Patterson & Associates Real Estate Co.

(901) 701-1064
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $257
  • Property Taxes
    $26
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $283

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Riverview School

Grades PK-8 Public School

Memphis, TN 38109 0.1 miles
241 majuba ave

387 total students
13:1 Student teacher ratio

School Rating: D+

School Details

Hamilton High School

Grades 9-12 Public School

Memphis, TN 38106 3 miles
1363 e person ave

712 total students
23:1 Student teacher ratio

School Rating: F

School Details
Other Nearby Schools Distance Type Grades School Rating
Vision Preparatory Charter School 0.2 miles Public KG-5 D-
Carver College And Career Academy 0.5 miles Public 3-12 F
Memphis Scholars Florida-kansas (asd) 0.9 miles Public PK-5 D+
Memphis Scholars Raleigh-egypt 0.9 miles Public 6-8
Creative Life Preparatory School 1.2 miles Private KG-10
A. B. Hill Elementary School 1.4 miles Public PK-5 D+
Alton Elementary School 1.6 miles Public PK-5 D+
Ida B. Wells Academy Elementary School/middle School 2.1 miles Public KG-8 D-
Larose Elementary School 2.2 miles Public PK-5
Ernestine Rivers Child Care Center 2.2 miles Public PK
Circles Of Success Learning Academy 2.2 miles Public KG-5 C+
Memphis Delta Preparatory 2.5 miles Public KG-5 D
Hollis F. Price Middle College 2.5 miles Public 9-12 C+
Soulsville Charter School 2.5 miles Public 6-12 D
Booker T. Washington High School 2.6 miles Public 6-12 D
Cummings School 2.8 miles Public PK-8 C-
Ford Road Elementary School 2.8 miles Public PK-5 C-
Mitchell High School 2.9 miles Public 9-12 D-
Hamilton School 3 miles Public PK-8

Vision Preparatory Charter School

Distance: 0.2 miles

Type Public

Grades: KG-5

D-

Carver College And Career Academy

Distance: 0.5 miles

Type Public

Grades: 3-12

F

Memphis Scholars Florida-kansas (asd)

Distance: 0.9 miles

Type Public

Grades: PK-5

D+

Memphis Scholars Raleigh-egypt

Distance: 0.9 miles

Type Public

Grades: 6-8

Creative Life Preparatory School

Distance: 1.2 miles

Type Private

Grades: KG-10

A. B. Hill Elementary School

Distance: 1.4 miles

Type Public

Grades: PK-5

D+

Alton Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

D+

Ida B. Wells Academy Elementary School/middle School

Distance: 2.1 miles

Type Public

Grades: KG-8

D-

Larose Elementary School

Distance: 2.2 miles

Type Public

Grades: PK-5

Ernestine Rivers Child Care Center

Distance: 2.2 miles

Type Public

Grades: PK

Circles Of Success Learning Academy

Distance: 2.2 miles

Type Public

Grades: KG-5

C+

Memphis Delta Preparatory

Distance: 2.5 miles

Type Public

Grades: KG-5

D

Hollis F. Price Middle College

Distance: 2.5 miles

Type Public

Grades: 9-12

C+

Soulsville Charter School

Distance: 2.5 miles

Type Public

Grades: 6-12

D

Booker T. Washington High School

Distance: 2.6 miles

Type Public

Grades: 6-12

D

Cummings School

Distance: 2.8 miles

Type Public

Grades: PK-8

C-

Ford Road Elementary School

Distance: 2.8 miles

Type Public

Grades: PK-5

C-

Mitchell High School

Distance: 2.9 miles

Type Public

Grades: 9-12

D-

Hamilton School

Distance: 3 miles

Type Public

Grades: PK-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Memphis, TN 38109

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Memphis, TN 38109

This community’s employment is highest in the transportation and education industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
30° January
Coldest Average Month
16,088 Total Households in Area
-1.1% Increase in population since the year 2010
29.1%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Memphis, TN 38109

Memphis, TN 38109 has a population of 42,517 people in 16,088 households with a median age of 39.7 years old.

-1.1%
Decrease in population
since the year 2010
Population is Trending down
16,564
Total households as of 2010
0.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.7 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 94%
Hispanic 2%
White 2%
Other 1%
Native American <1%
Asian <1%
The most prevalent ethnicity is Black at 94%, followed by Hispanic at 2%, White at 2%, and Other at 1%.

Economics
for Memphis, TN 38109

485 /sq mi
Population Density
$42,028 /yr
Median Household Income
$84,600
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 18.6% of the households.

Transportation to Work

  • Drive 97%
  • Work from Home 2%
  • Public Transit 1%
  • Walk or Bike 1%

Occupancy by Type

Owned 8,897 50%
Rented 7,190 41%
Vacant 1,595 9%

White vs Blue Collar Jobs







White Collar 57%
Blue Collar 43%

Family & Education Facts
for Memphis, TN 38109

39.7 Median Age

Average Household Size

2.6
persons per
household

24%

Married Households

Community Population By Education

High School Graduate 41%
Some College 26%
Some High School 13%
Bachelors Degree 10%
Associates Degree 5%
Graduate Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 41.02% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.1% of households have children

Weather
for Memphis, TN 38109

The weather for this area ranges from a high of 91° F in July to a low of 30° F in January

91° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
34°
53°
Mar
41°
62°
Apr
51°
73°
May
59°
81°
Jun
68°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
75°
Nov
41°
62°
Dec
34°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Memphis, TN 38109!
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Copyright © 2025 Memphis Area Association of Realtors&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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