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177 Modder Ave, Memphis, TN, 38109

3beds
1baths
1,235sqft
$25,000
$20price/sqft
$370/moest. monthly cost
$14,800/yrincome needed

About This Home

Calling all investors! HUGE PRICE DROP....Great Opportunity. This home is for sale! Needs repairs but could be worth a lot of money once fixed up. Some repairs have been completed and the electrical is currently on! Can fix it up and sell for a lot of money or keep it and live in it. Many homes in this area are being rehabbed & sold for more money! ONLINE VIDEO AVAILABLE UPON REQUEST. No wholesalers or assignments and no creative financing. Seller is also selling 324 Outer Parkway and 177 Modder (can buy them individually or in bulk). Cash offers only, please do inspections up front.

Getting Around

32
WalkingCar-Dependent
22
TransitMinimal Transit
28
BikeSomewhat Bikeable

Schools

6/10
Riverview Middle SchoolGrades PK-80.1 mi
3/10
Hamilton High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Wood/Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,235 sqft

Kitchen

  • Features: Pantry

Property

Details

  • Parcel number: 035045 00008

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)
  • Living area range: 1200-1399

Lot

  • Lot size: 4,791 sqft
  • Features: Level
  • Lot size dimensions: 50 x 100

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Heat Wave
Tornado
Inland Flooding

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $126$1,512
Home Insurance $49$588
Property Taxes $20$240
Electricity $175$2,103
Total$370$4,440

Income You'd Need if You Spent...

35% on housing$12,685/yr
40% on housing$11,100/yr
45% on housing$9,866/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$20This listing

vs Other Active Listings

Avg $/sqft

ZIP 38109$45
Shelby County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 38109$80
Shelby County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-04-10Price change$44,900
2025-03-25Price change$54,900
2025-03-07Price change$55,000
2025-01-29Price change$65,000
2024-10-15Listed for sale$75,000
2023-06-30Listing removed--
2023-04-25Listed for sale$68,000
2022-10-21Sold$11,000
2022-10-04Pending sale$15,000
2022-09-29Listed for sale$15,000
2022-09-06Contingent$15,000
2022-08-22Listed for sale$15,000

For Sale by Agent

AgentTyler Tapley
BrokerageCrye-Leike, Inc., REALTORS

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